Civic Intelligence

Truth Academy Inc.

990EZ • Fiscal year 2019 • EIN 26-4060943

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 01, 2019

Organization ProfileWWW.TRUTHACADEMYSPRINGFIELD.COM
3110 W SunshineSpringfield, MO 65807

(417) 839-8492

Siviq Scores

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

Liabilities / Assets

79th percentile

0.10x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

65th percentile

11%

Higher net margin than 65% 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

76th percentile

28%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

37th percentile

-7.3%

Faster revenue growth than 37% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$76,485

Up $16,667 (+28%) from 2018

Net Assets

Up

$68,744

Up $16,437 (+31%) from 2018

Liabilities

Up

$7,741

Up $230 (+3.1%) from 2018

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin65th percentile

Revenue

Down

$144,398

Down $11,322 (-7.3%) from 2018

Expenses

Down

$127,961

Down $9,058 (-6.6%) from 2018

Net Income

Down

$16,437

Down $2,264 (-12%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$80K$60K$40K$20K$0Assets 2013: $11,255Liabilities 2013: $1,621Net Assets 2013: $9,6342013Assets 2014: $27,054Liabilities 2014: $9,810Net Assets 2014: $17,2442014Assets 2016: $40,268Liabilities 2016: $7,399Net Assets 2016: $32,8692016Assets 2017: $45,484Liabilities 2017: $11,878Net Assets 2017: $33,6062017Assets 2018: $59,818Liabilities 2018: $7,511Net Assets 2018: $52,3072018Assets 2019: $76,485Liabilities 2019: $7,741Net Assets 2019: $68,7442019Assets 2021: $47,269Liabilities 2021: $8,242Net Assets 2021: $39,0272021Assets 2022: $16,581Liabilities 2022: $1,841Net Assets 2022: $14,7402022

Highlighted filing

2019

Assets$76,485
Liabilities$7,741
Net Assets$68,744
Open 2019 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2013: $96,879Expenses 2013: $93,222Net Income 2013: $3,6572013Revenue 2014: $99,961Expenses 2014: $92,351Net Income 2014: $7,6102014Revenue 2016: $111,904Expenses 2016: $124,534Net Income 2016: -$12,6302016Revenue 2017: $132,357Expenses 2017: $131,620Net Income 2017: $7372017Revenue 2018: $155,720Expenses 2018: $137,019Net Income 2018: $18,7012018Revenue 2019: $144,398Expenses 2019: $127,961Net Income 2019: $16,4372019Revenue 2021: $106,676Expenses 2021: $149,656Net Income 2021: -$42,9802021Revenue 2022: $142,065Expenses 2022: $166,352Net Income 2022: -$24,2872022

Highlighted filing

2019

Revenue$144,398
Expenses$127,961
Net Income$16,437
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$144,398
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOS 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.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARLA GROVESAdministratorPT$0--
JAMIE BROWNPresident-$0--
GREGORY GROVESSecretary-$0--
EMILY DAKE INMANTreasurer-$0--
KIRK METZGERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Truth Academy Inc
EIN
26-4060943
Phone
4178398492
Address
3110 W SUNSHINE, SPRINGFIELD, MO 65807

Signing Officer

Name
Emily Dake Inman
Title
Treasurer
Phone
4178398492
Signed
2019-11-01
Discuss with paid preparer
Yes

Preparer

Firm
The Whitlock Company Llp
Address
3271 E BATTLEFIELD SUITE 300, SPRINGFIELD, MO 65804
Preparer
Melinda Thurman
Phone
4178810145
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: fundraising events. Amount: 25.”

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

“Description: teacher reimbursements. Amount: 434. Description: books. Amount: 4,779. Description: supplies. Amount: 372. Description: bank charges. Amount: 112. Description: contract services. Amount: 2,958. Description: facilities and equipment. Amount: 2,122. Description: playground maintenance. Amount: 190. Description: non-investment depreciation. Amount: 1,391. Total to form 990-ez, line 16: 12,358.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other depreciable assets. Beg. Of year amount: 12,694. End of year amount: 11,303.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: payroll liabilities. Beg. Of year amount: 1,500. End of year amount: 1,230. Description: tuition for following school term. Beg. Of year amount: 6,011. End of year amount: 6,321. Description: maintenance for following school term. Beg. Of year amount: 0. End of year amount: 190.”

Raw XML Appendix164 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TRUTH ACADEMY INC
IRS990EZ/BooksInCareOfDetail/PhoneNum04178398492
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03110 W SUNSHINE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd065807
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047124
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065182
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt017634
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt016437
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt059818
IRS990EZ/Form990TotalAssetsGrp/EOYAmt076485
IRS990EZ/GrossReceiptsAmt0144398
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt052307
IRS990EZ/NetAssetsOrFundBalancesEOYAmt068744
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt052307
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt068744
IRS990EZ/OccupancyRentUtltsAndMaintAmt04922
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARLA GROVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMIE BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GREGORY GROVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3EMILY DAKE INMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KIRK METZGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0ADMINISTRATOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt012694
IRS990EZ/OtherAssetsTotalDetail/EOYAmt011303
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt012358
IRS990EZ/OtherRevenueTotalAmt025
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION
IRS990EZ/ProgramServiceRevenueAmt0126739
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOS 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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0110681
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07511
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07741
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0127961
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0144398
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRUTHACADEMYSPRINGFIELD.COM
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS INCLUDED ON WEBSITE AND ON ALL PRINTED PROMOTIONAL MATERIAL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FUNDRAISING EVENTS. AMOUNT: 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TEACHER REIMBURSEMENTS. AMOUNT: 434. DESCRIPTION: BOOKS. AMOUNT: 4,779. DESCRIPTION: SUPPLIES. AMOUNT: 372. DESCRIPTION: BANK CHARGES. AMOUNT: 112. DESCRIPTION: CONTRACT SERVICES. AMOUNT: 2,958. DESCRIPTION: FACILITIES AND EQUIPMENT. AMOUNT: 2,122. DESCRIPTION: PLAYGROUND MAINTENANCE. AMOUNT: 190. DESCRIPTION: NON-INVESTMENT DEPRECIATION. AMOUNT: 1,391. TOTAL TO FORM 990-EZ, LINE 16: 12,358.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 12,694. END OF YEAR AMOUNT: 11,303.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 1,230. DESCRIPTION: TUITION FOR FOLLOWING SCHOOL TERM. BEG. OF YEAR AMOUNT: 6,011. END OF YEAR AMOUNT: 6,321. DESCRIPTION: MAINTENANCE FOR FOLLOWING SCHOOL TERM. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 190.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY DAKE INMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04178398492
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRUTH ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0TRUT
ReturnHeader/Filer/EIN0264060943
ReturnHeader/Filer/PhoneNum04178398492
ReturnHeader/Filer/USAddress/AddressLine1Txt03110 W SUNSHINE
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd065807
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EF1633B3C630E464CBCAA16ECA4C40DB6D8872AA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId076F08F234D54CC0311FD0A096B5444885DCEF606
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.160.109.202
ReturnHeader/FilingSecurityInformation/IPDt02019-11-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:20:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431365401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE WHITLOCK COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03271 E BATTLEFIELD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRINGFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd065804
ReturnHeader/PreparerPersonGrp/PhoneNum04178810145
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELINDA THURMAN
ReturnHeader/ReturnTs02019-11-04T15:16:34-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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
$76,485
Liabilities
$7,741
Net assets
$68,744
Revenue
$144,398
Expenses
$127,961
Net income
$16,437
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$1.42$1.66$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.08$0.39$1.07$1.50$0.43
2019Detailed filing. Detailed filing data is available for this year.$0.76$0.08$0.69$1.44$1.28$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.08$0.52$1.56$1.37$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.12$0.34$1.32$1.32$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.07$0.33$1.12$1.25$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.10$0.17$1.00$0.92$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.10$0.97$0.93$0.04