Inner Truth Project EIN 46-1339062

Inner Truth Project FY2022 filing

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Helps young people who have faced sexual violence through direct support and outreach. For fiscal year 2022 it reported $280K in revenue, $278K in expenses, and $851 in net assets.Pt I

Type
Public charity (501(c)(3)) · Crime & Legal
Location
Port St Lucie, FL
Website
www.innertruthproject.com
Filings
5 on file (2020–2022)
Revenue
$280KFY2022
Expenses
$278K
Net assets
$851
People
18
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1339062 Public charity (501(c)(3)) Port St Lucie, FL
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Helps young people who have faced sexual violence through direct support and outreach.
Leadership
Mindi Fetterman · Executive Director · $41K
Money in and out
$280K revenue, $278K expenses
Bottom line
68% program efficiency
Where the money goes · FY2022
Total revenue
$280K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$851
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.29 Fundraising $0.03
Program efficiency
68%
of spending reaches programs
Surplus margin
+0.7%
revenue over expenses, this year
Donor-funded
96%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$280K
FY2022▲ +29%
Expenses
$278K
FY2022▲ +8%
Total assets
$2K
FY2022▼ -23%
Total liabilities
$1K
FY2022▼ -57%
Total revenue
$280K
Pt VIII · Ln 12
Total expenses
$278K
Pt IX · Ln 25
Net assets
$851
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$2K
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $380K of program spending, described in the organization's own filed words · FY2021.
01

Provide counselling services to youth and adult who have experience sexual violence.

$190Kprogram expense
02

Provide counselling services to youth and adult who have experienced sexual violence.

$190Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInner Truth Project
EINHdr · item D46-1339062
Principal addressHdr · item CPort St Lucie, FL
WebsiteHdr · item Jwww.innertruthproject.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I73)
Ruling yearIRS BMFFeb 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$41,250Pt VII · Sec A
Executive Director
$41,250Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jessica Bright’s $48K as Executive Director is at the 24th percentile of top reported officer pay among 1398 $100K–1M crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jessica Bright$47,500
Mindi Fetterman$22,500$45,000$41,250$43,546
Mindi Fetterman$32,275

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$269K · 96%
Program service revenue$12K · 4%
Contributions & grants96%$269K
Program service revenue4%$12K
— government grantsLn 1e$123K
Total revenueLn 12$280K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.29 Fundraising $0.03
Program services68%$190K
Management & general29%$79K
Fundraising3%$9K
Total functional expensesLn 25$278K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$2K
Total liabilitiesLn 26$1K
Total net assetsLn 32$851

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $278K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $190K · Total expenses $278K
68%
Management & General
Management & general $79K · Total expenses $278K
29%
Fundraising
Fundraising $9K · Total expenses $278K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $8K · Solicited contributions (3-yr avg) $130K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $269K · Total revenue $280K
96%
Government reliance
Government grants $123K · Total revenue $280K
44%
Earned-income share
Program service revenue $12K · Total revenue $280K
4%
Investment reliance
Investment income $0 · Total revenue $280K
0%
Program self-sufficiency
Program service revenue $12K · Total expenses $278K
4%
Growth & trend
Revenue growth (YoY)
This year $280K · Prior year $217K
+29%
Net-asset trend (YoY)
End of year $851 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $280K · Expenses $278K
+0.7%
Liabilities-to-Assets
Total liabilities — · Total assets $2K
Net-asset ratio
Net assets $851 · Total assets $2K
42%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mindi Fetterman · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $41K · Total expenses $278K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $113K · Total expenses $278K
41%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 29%
Fundraising cost ratio 3%
Revenue growth 29%
Legal fee ratio 2%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$498K revenue · ⤓ 990 PDF
FY2023$419K revenue · ⤓ 990 PDF
FY2022$280K revenue · viewing · ⤓ 990 PDF
FY2021$217K revenue · ⤓ 990 PDF
FY2020$203K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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