Truth Incorporated FY2022 filing

Tax-deductible

Dallas, TX501(c)(3)ReligionEIN 75-2067414

This page gets seen. Tell your story. Claim this org.

Promote education with respect to the furtherance of the Catholic faith

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $1K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22K
-56% vs prior year
Spent
$43K
To programs
100%
Net assets
$14K
By yearFY2020–FY2024
Revenue
$22K
FY2022▼ -56%
Revenue by fiscal year
FY2020$885
FY2021$51K
FY2022$22K
FY2023$102K
FY2024$28K
Expenses
$43K
FY2022▲ +50%
Expenses by fiscal year
FY2020$12K
FY2021$29K
FY2022$43K
FY2023$103K
FY2024$22K
Net assets
$14K
FY2022▼ -60%
Net assets by fiscal year
FY2020$12K
FY2021$34K
FY2022$14K
FY2023$12K
FY2024$17K

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $43K Management & general 0% · $120

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990-T.

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Bingo Finance
$0Pt VII · Sec A
See Truth Incorporated executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promote Catholic faith education to foster spiritual growth and understanding.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $43K · in their own filed words · FY2022
01

Production of movies and books on topics such as the shroud of turin and other biblically related topics

$33Kprogram expense
02

Feeding of the poor every saturday morning at a vacant lot located at the southwest corner of fitzhugh and columbia in south dallas by utilizing a buffet line that is set up from tables brought to the location. Food is purchased every saturday morning for a hot lunch for approximately 20 to 30 people.

$6Kprogram expense
03

Truth, inc. Promotes educational seminars and secondary education programs.

$4Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$22K
Gifts and grants$36K
Money out
$43K
Programs$43K
Management$120
Owns and owes
$14K
net assets
Cash and savings$20K
Total assets$20K
Liabilities$6K
People
3
listed
Paid0
Voting board3
Independent2
2In more detail
Revenue in detail
Gifts and grants$36K
Total revenue$22K
Assets in detailEnd of year
Cash and savings together$20K
Total assets$20K
Liabilities$6K
Net assets$14K
Operations
Employees0
Fiscal year endsDecember
Conflict-of-interest policyNo
Whistleblower policyNo
Records policyNo

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $28K$22K$5K$17K 990 PDF
FY2023 $102K$103K−$2K$12K 990 PDF
FY2022 Viewing $22K$43K−$20K$14K 990 PDF
FY2021 $51K$29K$22K$34K 990 PDF
FY2020 $885$12K−$11K$12K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.