Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Truth Academy Inc.
990EZ • Fiscal year 2018 • EIN 26-4060943
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.13x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% of similar nonprofits.
Balance Sheet
Assets
Up$59,818
Up $14,334 (+32%) from 2017
Net Assets
Up$52,307
Up $18,701 (+56%) from 2017
Liabilities
Down$7,511
Down $4,367 (-37%) from 2017
Revenue And Expenses
Revenue
Up$155,720
Up $23,363 (+18%) from 2017
Expenses
Up$137,019
Up $5,399 (+4.1%) from 2017
Net Income
Up$18,701
Up $17,964 (+2437%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2017 to Jun 30, 2018
- Signed
- Nov 1, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $155,720
Mission and Program Overview
Mission
EDUCATION
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOSE PARENTS PREFER HOME SCHOOL. TEACHERS PROVIDE CURRICULUM AND LESSON PLANS, ADMINISTER TESTS AND TEACH FORMAL CLASSES TWICE A WEEK. 96 STUDENTS GRADES KINDERGARTEN THROUGH 12 WERE SERVED. | - | $136,009 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CARLA GROVES | Administrato | PT | $0 | - | - |
| JAMIE BROWN | President | - | $0 | - | - |
| GREGORY GROVES | Secretary | - | $0 | - | - |
| EMILY DAKE INMAN | Treasurer | - | $0 | - | - |
| KIMBERLY BOYCE | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Truth Academy Inc
- EIN
- 26-4060943
- Address
- 3110 W SUNSHINE, SPRINGFIELD, MO 65807
Signing Officer
- Name
- Emily Dake Inman
- Title
- Treasurer
- Signed
- 2018-11-01
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses bank fees 47 insurance 2,681 miscellaneous 1,016 textbooks & supplies 6,189 website 1,200 student socials 2,110 fundraising event 562 non-investment depreciation 895 total 14,700”
Form 990-ez, Part I, Line 20
“Book / tax depreciation difference 2”
Form 990-ez, Part II, Line 24
“Furniture & equipment 4,271 17,011 less accumulated depreciation 3,423 4,317 total 848 12,694”
Form 990-ez, Part II, Line 26
“Payroll taxes payable 1,455 1,500 tuition for following school term 10,423 6,011”
Form 990-ez, Part III, Line 28
“Provide a two-day per week school to meet the educational needs of children whose parents prefer home school. Teachers provide curriculum and lesson plans, administer tests and teach formal classes twice a week. 96 students grades kindergarten through 12 were served.”
Raw XML Appendix137 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 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TRUTH ACADEMY INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4178398492 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3110 W SUNSHINE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SPRINGFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MO |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 65807 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 44636 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 47124 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 16515 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18701 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 45484 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 59818 |
| IRS990EZ/GrossReceiptsAmt | 0 | 155720 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 33606 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 52307 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 33606 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 52307 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CARLA GROVES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JAMIE BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | GREGORY GROVES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | EMILY DAKE INMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | KIMBERLY BOYCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | ADMINISTRATO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 848 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12694 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14699 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 139205 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOSE PARENTS PREFER HOME SCHOOL. TEACHERS PROVIDE CURRICULUM AND LESSON PLANS, ADMINISTER TESTS AND TEACH FORMAL CLASSES TWICE A WEEK. 96 STUDENTS GRADES KINDERGARTEN THROUGH 12 WERE SERVED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 136009 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 118820 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 11878 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7511 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 137019 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 136009 |
| IRS990EZ/TotalRevenueAmt | 0 | 155720 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.TRUTHACADEMYSPRINGFIELD.COM |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | NONDISCRIMINIATION POLICY IS INCLUDED ON WEBSITE AND ON ALL PRINTED PROMOTIONAL MATERIAL. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES BANK FEES 47 INSURANCE 2,681 MISCELLANEOUS 1,016 TEXTBOOKS & SUPPLIES 6,189 WEBSITE 1,200 STUDENT SOCIALS 2,110 FUNDRAISING EVENT 562 NON-INVESTMENT DEPRECIATION 895 TOTAL 14,700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOOK / TAX DEPRECIATION DIFFERENCE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FURNITURE & EQUIPMENT 4,271 17,011 LESS ACCUMULATED DEPRECIATION 3,423 4,317 TOTAL 848 12,694 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PAYROLL TAXES PAYABLE 1,455 1,500 TUITION FOR FOLLOWING SCHOOL TERM 10,423 6,011 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOSE PARENTS PREFER HOME SCHOOL. TEACHERS PROVIDE CURRICULUM AND LESSON PLANS, ADMINISTER TESTS AND TEACH FORMAL CLASSES TWICE A WEEK. 96 STUDENTS GRADES KINDERGARTEN THROUGH 12 WERE SERVED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | EMILY DAKE INMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-11-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TRUTH ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRUT |
| ReturnHeader/Filer/EIN | 0 | 264060943 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3110 W SUNSHINE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SPRINGFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 65807 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | E25FDCF27FA649A372AEF2E5A28AF574EF77987D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | E25FDCF27FA649A372AEF2E5A28AF574EF77987D |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 204.13.182.66 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 08:59:54 |
| ReturnHeader/ReturnTs | 0 | 2018-11-13T08:59:54-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $59,818
- Liabilities
- $7,511
- Net assets
- $52,307
- Revenue
- $155,720
- Expenses
- $137,019
- Net income
- $18,701