Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
True Course Ministries Inc.
990EZ • Fiscal year 2015 • EIN 20-0271732
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 60.7% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
57th percentile
Faster revenue growth than 57% of similar nonprofits.
Balance Sheet
Assets
Flat$22,870
Flat from 2015
Net Assets
$22,585
No earlier filing loaded for comparison.
Liabilities
Flat$285
Flat from 2015
Revenue And Expenses
Revenue
Flat$60,557
Flat from 2015
Expenses
Flat$46,849
Flat from 2015
Net Income
Flat$13,708
Flat from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- May 16, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $60,557
Mission and Program Overview
Mission
The purpose of True Course Ministries is to enrich the life of the present and future Church by enriching the spiritual leadership qualities of professional ministers and assisting churches in achieving the greatest possible health.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| True Course Ministries designs custom mentoring experiences for Christian ministers as a method of continuing education. Activities include initial meetings, regular meetings, problem solving and focus groups, and strategic planning meetings. | $0 | $30,921 |
| True Course Ministries conducts International Interim pastorates and consultation to students. Activities of this program focus on preaching, counseling, pastoral care, administrative and program leadership for churches currently without a regular pastor. | $0 | $7,964 |
| True Course Ministries provides training and research in educational psychology. The training and research activities include studies of educational psychology and scientifically based research in learning as it applies to the training of leaders in Christian faith-based ministry. | $0 | $7,964 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| J Michael Godfrey DMin PhD | Executive Director | FT | $36,750 | - | $36,750 |
| Susan Godfrey | Ex Officio | PT | $0 | - | - |
| Paul Hamilton | Treasurer | - | $0 | - | - |
| Melissa Hardage | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- True Course Ministries Inc
- EIN
- 20-0271732
- Phone
- 2547224255
- Address
- 506 Dal Paso Drive, Robinson, TX 76706
Signing Officer
- Name
- J Michael Godfrey DMin PhD
- Title
- Executive Director
- Phone
- 2547224255
- Signed
- 2016-05-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Whitaker Spinks & Koslovsky LLP
- Address
- PO Box 7547, Waco, TX 76714-7547
- Preparer
- Roy G Spinks CPA
- Phone
- 2547724160
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 4 - Other Investment Income
“Description: Interest income. Amount: 36.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Advertising. Amount: 408. Description: Assessments. Amount: 3,880. Description: Insurance. Amount: 368. Description: Miscellaneous. Amount: 813. Description: Telephone. Amount: 405. Description: Travel & meeting expenses. Amount: 333. Total to Form 990-EZ, line 16: 6,207.”
Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
“Description: Scholarship funds applied to services rendered. Amount: -5,250.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Accounts payable. Beg. of Year Amount: 470. End of Year Amount: 192. Description: Payroll taxes payable. Beg. of Year Amount: 93. End of Year Amount: 93.”
Raw XML Appendix182 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Michael Godfrey |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2547224255 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Robinson |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76706 |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22870 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 31681 |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1500 |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 22870 |
| IRS990EZ/GrossReceiptsAmt | 0 | 60557 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
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| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | J Michael Godfrey DMin PhD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Susan Godfrey |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Paul Hamilton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Melissa Hardage |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Ex Officio |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -5250 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6207 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The purpose of True Course Ministries is to enrich the life of the present and future Church by enriching the spiritual leadership qualities of professional ministers and assisting churches in achieving the greatest possible health. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2392 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 28840 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | True Course Ministries designs custom mentoring experiences for Christian ministers as a method of continuing education. Activities include initial meetings, regular meetings, problem solving and focus groups, and strategic planning meetings. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | True Course Ministries conducts International Interim pastorates and consultation to students. Activities of this program focus on preaching, counseling, pastoral care, administrative and program leadership for churches currently without a regular pastor. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | True Course Ministries provides training and research in educational psychology. The training and research activities include studies of educational psychology and scientifically based research in learning as it applies to the training of leaders in Christian faith-based ministry. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 30921 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 7964 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 7964 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 36750 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 563 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 285 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 46849 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 46849 |
| IRS990EZ/TotalRevenueAmt | 0 | 60557 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.truecourseministries.org |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 31681 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 19871 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 17493 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 28080 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 42080 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 139205 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 36 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 83 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 101 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 234 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 384 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 838 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 28840 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 37462 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 55610 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 29461 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 52893 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 204266 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 36 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 83 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 101 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 234 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 384 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 838 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00240 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00410 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99760 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99590 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 343471 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 60521 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 57333 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 73103 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57541 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 94973 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 343471 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 60557 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 57416 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 73204 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 57775 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 95357 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 344309 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Interest income. Amount: 36. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Advertising. Amount: 408. Description: Assessments. Amount: 3,880. Description: Insurance. Amount: 368. Description: Miscellaneous. Amount: 813. Description: Telephone. Amount: 405. Description: Travel & meeting expenses. Amount: 333. Total to Form 990-EZ, line 16: 6,207. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Scholarship funds applied to services rendered. Amount: -5,250. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Accounts payable. Beg. of Year Amount: 470. End of Year Amount: 192. Description: Payroll taxes payable. Beg. of Year Amount: 93. End of Year Amount: 93. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Other Investment Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2016-08-17 19:52:53Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | J Michael Godfrey DMin PhD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2547224255 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-05-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | True Course Ministries Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRUE |
| ReturnHeader/Filer/EIN | 0 | 200271732 |
| ReturnHeader/Filer/PhoneNum | 0 | 2547224255 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 506 Dal Paso Drive |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Robinson |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76706 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204606609 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Whitaker Spinks & Koslovsky LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 7547 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Waco |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 767147547 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2547724160 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Roy G Spinks CPA |
| ReturnHeader/ReturnTs | 0 | 2016-05-16T19:00:36-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $22,870
- Liabilities
- $285
- Net assets
- $22,585
- Revenue
- $60,557
- Expenses
- $46,849
- Net income
- $13,708