Civic Intelligence

Truth Foundation Ministries Nfp

990EZ • Fiscal year 2019 • EIN 20-5834524

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 01, 2021

Organization ProfileWWW.TRUTHFOUNDATIONMINISTRIES.COM
340 QUADRANGLE DRIVE Room ABolingbrook, IL 60440

(630) 770-6006

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

95th percentile

205%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

38%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$79,820

Up $53,622 (+205%) from 2018

Net Assets

Up

$79,820

Up $53,622 (+205%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin89th percentile

Revenue

Up

$129,822

Up $35,615 (+38%) from 2018

Expenses

Up

$76,200

Up $8,191 (+12%) from 2018

Net Income

Up

$53,622

Up $27,424 (+105%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2019

Assets$79,820
Liabilities-
Net Assets$79,820
Open 2019 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$129,822
Expenses$76,200
Net Income$53,622
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 1, 2021
Return Version
2019v5.1
Gross Receipts
$129,822
Mission and Program Overview

Mission

RELIGIOUS ACTIVITIES

Program Services

DescriptionGrantsExpenses
CHURCH ACTIVITIES--
Compensation and Service Providers
Top Officer Pay77th 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
2021-06-01
Discuss with paid preparer
No

Preparer

Firm
Fab Consult Ltd
Address
4028 KNIGHTERANT, RONOAKE, TX 76262
Preparer
Dr Faith Ababio-Twi
Phone
6305448432
Raw XML Appendix89 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/BOYAmt026198
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt079820
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt053622
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt014583
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026198
IRS990EZ/Form990TotalAssetsGrp/EOYAmt079820
IRS990EZ/GrossReceiptsAmt0129822
IRS990EZ/GroupExemptionNum04524
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0129822
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026198
IRS990EZ/NetAssetsOrFundBalancesEOYAmt079820
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026198
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt079820
IRS990EZ/OccupancyRentUtltsAndMaintAmt024551
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0037.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BENJAMIN ARTHUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PASTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RELIGIOUS ACTIVITIES
IRS990EZ/PrintingPublicationsPostageAmt02534
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHURCH ACTIVITIES
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034532
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt076200
IRS990EZ/TotalRevenueAmt0129822
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUTHFOUNDATIONMINISTRIES.COM
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KWAKU OWARE BANING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PASTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-01
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 Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04028 KNIGHTERANT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RONOAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076262
ReturnHeader/PreparerPersonGrp/PhoneNum06305448432
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dr Faith Ababio-Twi
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-01T09:41:20-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$79,820
Liabilities
-
Net assets
$79,820
Revenue
$129,822
Expenses
$76,200
Net income
$53,622
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