Truth Matters Tr

Raleigh, NC · Religious organization · Religion

✓ Tax-deductible
Revenue
$307K
+42% vs prior year
Spent
$205K
To programs
88%
Net assets
$122K
By yearFY2022–FY2025
Revenue
$307K
FY2025▲ +42%
Revenue by fiscal year
FY2022$108K
FY2023$202K
FY2024$217K
FY2025$307K
Expenses
$205K
FY2025▼ -9%
Expenses by fiscal year
FY2022Not on file
FY2023$180K
FY2024$226K
FY2025$205K
Net assets
$122K
FY2025▲ +344%
Net assets by fiscal year
FY2022$15K
FY2023$37K
FY2024$28K
FY2025$122K

From the FY2025 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CTruth Matters Tr
EINHdr · item D84-6918687
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2020
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CRaleigh, NC
NTEE classificationIRS BMFReligion (X20)
WebsiteHdr · item Jwww.thetruthmatterstrust.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.08 Fundraising $0.04
Program services88%$180K
Management & general8%$16K
Fundraising4%$9K
Total functional expensesLn 25$205K

Financial health

Is it on solid ground?

Program efficiency
88%
of spending reaches programs▲ +1.0% vs prior filing year
Operating runway
7.5mo
months of highly liquid reserves at operating expense rate▲ +295% vs prior filing year
Surplus margin
+33%
revenue over expenses, this year▲ +875% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$128K
FY2025▲ +254%
Total assets by fiscal year
FY2022Not on file
FY2023$50K
FY2024$36K
FY2025$128K
Total liabilities
$6K
FY2025▼ -30%
Total liabilities by fiscal year
FY2022Not on file
FY2023$13K
FY2024$9K
FY2025$6K
Revenue less expensesPt I · Ln 19$103K
Total assetsPt X · Ln 16$128K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$128K
Total assetsLn 16$128K
Total liabilitiesLn 26$6K
Total net assetsLn 32$122K
Months of cash on handcomputed7.5

Statement of Revenue

Part VIII
Contributions & grants100%$307K
Total revenueLn 12$307K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $128K · Operating expenses/yr $205K
7.5 months
Where the money goes
Program services
Program services $180K · Total expenses $205K
88%
Management & General
Management & general $16K · Total expenses $205K
8%
Fundraising
Fundraising $9K · Total expenses $205K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $242K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $307K · Total revenue $307K
100%
Government reliance
Government grants — · Total revenue $307K
—
Earned-income share
Program service revenue $0 · Total revenue $307K
0%
Investment reliance
Investment income $0 · Total revenue $307K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $205K
0%
Growth & trend
Revenue growth (YoY)
This year $307K · Prior year $217K
+42%
Net-asset trend (YoY)
End of year $122K · Beginning of year $20K
+526%
Balance sheet
Surplus Margin
Revenue $307K · Expenses $205K
+33%
Liabilities-to-Assets
Total liabilities $6K · Total assets $128K
5%
Net-asset ratio
Net assets $122K · Total assets $128K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $128K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Todd Von Helms · Reported title PRESIDENT · Highest reported compensation $80K · Total expenses $205K
39%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $80K · Total expenses $205K
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%——
Overhead ratio 8%——
Fundraising cost ratio 3%——
Revenue growth 42%——
Accounting fee ratio 3%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$80,500Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Todd Von Helms’s $80K as President is at the 79th percentile of top reported officer pay among 2133 $100K–1M religion 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Todd Von Helms$80,500$84,000$84,000$72,000

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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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Teaches biblical principles through events and writings to foster critical thinking and faith.

Provided by the organization

This section is blank until Truth Matters Tr claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $180K of program spending, described in the organization's own filed words · FY2025.
01

In 2025, truth matters trust fulfilled its mission of educating individuals of all ages by engaging in one-on-one meetings, speaking to teenagers and college students at high schools, colleges, and churches, and presenting to mens groups, small groups, conferences, and a variety of other settings.

$180Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$13K
Grants paid · 3 grants · $20K · 2023–2025
Dallas Baptist UniversityTX · FY2025$10,000
Dallas Baptist UniversityTX · FY2024$5,000
Dallas Baptist UniversityTX · FY2023$5,500

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $307K$205K+42% 990 PDF
FY2024 $217K$226K+7% 990 PDF
FY2023 $202K$180K+87% 990 PDF
FY2022 $108K— 990 PDF

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Schedules filed Part IV

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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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