Civic Intelligence

Truth Foundation Ministries

EIN 20-5834524 • 501(c)3 • Bolingbrook, IL

Profile

RELIGIOUS ACTIVITIES

340 QUADRANGLE DRIVE Room ABolingbrook, IL 60440

www.truthfoundationministries.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

89th percentile

67%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

0.0%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$133,452

Up $53,632 (+67%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$133,452

Up $53,632 (+67%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin87th percentile

Revenue

Up

$129,832

Up $10 (+0.0%) from 2019

Expenses

Flat

$76,200

Flat from 2019

Net Income

Up

$53,632

Up $10 (+0.0%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2018: $26,198Net Assets 2018: $26,1982018Assets 2019: $79,820Net Assets 2019: $79,8202019Assets 2020: $133,452Net Assets 2020: $133,4522020

Highlighted filing

2020

Assets$133,452
Liabilities-
Net Assets$133,452
Open 2020 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2018: $94,207Expenses 2018: $68,009Net Income 2018: $26,1982018Revenue 2019: $129,822Expenses 2019: $76,200Net Income 2019: $53,6222019Revenue 2020: $129,832Expenses 2020: $76,200Net Income 2020: $53,6322020

Highlighted filing

2020

Revenue$129,832
Expenses$76,200
Net Income$53,632
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$133,452
Liabilities
-
Net assets
$133,452
Revenue
$129,832
Expenses
$76,200
Net income
$53,632
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$1.33$1.33$1.30$0.76$0.54
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.80$1.30$0.76$0.54
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.26$0.94$0.68$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 4, 2021
Return Version
2020v4.1
Gross Receipts
$129,832
Mission and Program Overview

Mission

RELIGIOUS ACTIVITIES

Program Services

DescriptionGrantsExpenses
CHURCH ACTIVITIES--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BENJAMIN ARTHURPastorFT$0--
Filing and Contact Details

Filer

Filer Name
Truth Foundation Ministries
EIN
20-5834524
Phone
6307706006
Address
340 QUADRANGLE DRIVE Room A, BOLINGBROOK, IL 60440

Signing Officer

Name
Kwaku Oware Baning
Title
Pastor
Signed
2021-06-04
Discuss with paid preparer
No

Preparer

Firm
Fab Consult LLC
Address
4028 KNIGHTERANT, RONOAKE, TX 76262
Preparer
Dr Faith Ababio-Twi
Phone
6305185040
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Equipment rental and maintenance 24,551”

Raw XML Appendix95 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0BENJAMIN ARTHUR
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0TOTAL PAYROLL EXPENSES FOR REIDENCE PASTOR
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KWAKU OWARE BANNING
IRS990EZ/BooksInCareOfDetail/PhoneNum06307706006
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0340 QUADRANGLE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOLINGBROOK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060440
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079820
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0133452
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt053632
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014583
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079820
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0133452
IRS990EZ/GrossReceiptsAmt0129832
IRS990EZ/GroupExemptionNum04524
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0129832
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079820
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0133452
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079820
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0133452
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0037.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BENJAMIN ARTHUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PASTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt024551
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RELIGIOUS ACTIVITIES
IRS990EZ/PrintingPublicationsPostageAmt02534
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHURCH ACTIVITIES
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034532
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt076200
IRS990EZ/TotalRevenueAmt0129832
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUTHFOUNDATIONMINISTRIES.COM
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Equipment rental and maintenance 24,551
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KWAKU OWARE BANING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PASTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUTH FOUNDATION MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0TRUT
ReturnHeader/Filer/EIN0205834524
ReturnHeader/Filer/PhoneNum06307706006
ReturnHeader/Filer/USAddress/AddressLine1Txt0340 QUADRANGLE DRIVE Room A
ReturnHeader/Filer/USAddress/CityNm0BOLINGBROOK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060440
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fab Consult LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04028 KNIGHTERANT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RONOAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076262
ReturnHeader/PreparerPersonGrp/PhoneNum06305185040
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dr Faith Ababio-Twi
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-04T06:34:06-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KWAKU
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OWARE-BANING
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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