990 Scout/ True Initiative/ Financials

Financial Information for True Initiative

True Initiative's annual revenue was $218K in tax year 2024, reported on their IRS Form 990. They spent $288K in total expenses. 81% went to programs and services.

Financial Breakdown

What is True Initiative's total annual expenses?

True Initiative spent $288K in tax year 2024, according to their IRS Form 990 filing.

How much of True Initiative's budget goes to programs?

True Initiative spent $234K (81% of expenses) on programs and services in tax year 2024.

How much does True Initiative spend on overhead?

True Initiative's overhead in tax year 2024 includes administrative (19%) and fundraising (0%) of their expenses.

What is True Initiative's net worth?

True Initiative had net assets of $86K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.