Civic Intelligence

Truth Academy Inc.

990EZ • Fiscal year 2020 • EIN 26-4060943

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 15, 2021

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

81st percentile

0.21x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.14x

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

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

Net Margin

43rd percentile

1.2%

Higher net margin than 43% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

65th percentile

17%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

61st percentile

-3.1%

Faster revenue growth than 61% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$89,727

Up $13,242 (+17%) from 2019

Net Assets

Up

$70,458

Up $1,714 (+2.5%) from 2019

Liabilities

Up

$19,269

Up $11,528 (+149%) from 2019

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin43rd percentile

Revenue

Down

$139,985

Down $4,413 (-3.1%) from 2019

Expenses

Up

$138,271

Up $10,310 (+8.1%) from 2019

Net Income

Down

$1,714

Down $14,723 (-90%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$100K$50K$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 2020: $89,727Liabilities 2020: $19,269Net Assets 2020: $70,4582020Assets 2021: $47,269Liabilities 2021: $8,242Net Assets 2021: $39,0272021Assets 2022: $16,581Liabilities 2022: $1,841Net Assets 2022: $14,7402022

Highlighted filing

2020

Assets$89,727
Liabilities$19,269
Net Assets$70,458
Open 2020 Filing

Operations Trend

Revenue Growth61st 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 2020: $139,985Expenses 2020: $138,271Net Income 2020: $1,7142020Revenue 2021: $106,676Expenses 2021: $149,656Net Income 2021: -$42,9802021Revenue 2022: $142,065Expenses 2022: $166,352Net Income 2022: -$24,2872022

Highlighted filing

2020

Revenue$139,985
Expenses$138,271
Net Income$1,714
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 15, 2021
Return Version
2019v5.2
Gross Receipts
$139,985
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 Pay76th 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
2021-02-15
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 16 - Other Expenses

“Description: teacher reimbursements. Amount: 789. Description: books. Amount: 145. Description: supplies. Amount: 756. Description: bank charges. Amount: 16. Description: contract services. Amount: 2,212. Description: playground maintenance. Amount: 120. Description: non-investment depreciation. Amount: 1,218. Description: business expenses. Amount: 36. Description: insurance. Amount: 2,540. Total to form 990-ez, line 16: 7,832.”

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

“Description: other depreciable assets. Beg. Of year amount: 11,303. End of year amount: 10,086.”

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

“Description: payroll liabilities. Beg. Of year amount: 1,230. End of year amount: 1,209. Description: tuition for following school term. Beg. Of year amount: 6,321. End of year amount: 6,321. Description: maintenance for following school term. Beg. Of year amount: 190. End of year amount: 190. Description: ppp loan. Beg. Of year amount: 0. End of year amount: 11,549.”

Raw XML Appendix154 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/BOYAmt065182
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt079641
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt01714
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt089727
IRS990EZ/GrossReceiptsAmt0139985
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068744
IRS990EZ/NetAssetsOrFundBalancesEOYAmt070458
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068744
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt070458
IRS990EZ/OccupancyRentUtltsAndMaintAmt04800
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/BOYAmt011303
IRS990EZ/OtherAssetsTotalDetail/EOYAmt010086
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt07832
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION
IRS990EZ/ProgramServiceRevenueAmt0137043
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/SalariesOtherCompEmplBnftAmt0125639
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07741
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt019269
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0138271
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0139985
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: TEACHER REIMBURSEMENTS. AMOUNT: 789. DESCRIPTION: BOOKS. AMOUNT: 145. DESCRIPTION: SUPPLIES. AMOUNT: 756. DESCRIPTION: BANK CHARGES. AMOUNT: 16. DESCRIPTION: CONTRACT SERVICES. AMOUNT: 2,212. DESCRIPTION: PLAYGROUND MAINTENANCE. AMOUNT: 120. DESCRIPTION: NON-INVESTMENT DEPRECIATION. AMOUNT: 1,218. DESCRIPTION: BUSINESS EXPENSES. AMOUNT: 36. DESCRIPTION: INSURANCE. AMOUNT: 2,540. TOTAL TO FORM 990-EZ, LINE 16: 7,832.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 11,303. END OF YEAR AMOUNT: 10,086.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 1,230. END OF YEAR AMOUNT: 1,209. DESCRIPTION: TUITION FOR FOLLOWING SCHOOL TERM. BEG. OF YEAR AMOUNT: 6,321. END OF YEAR AMOUNT: 6,321. DESCRIPTION: MAINTENANCE FOR FOLLOWING SCHOOL TERM. BEG. OF YEAR AMOUNT: 190. END OF YEAR AMOUNT: 190. DESCRIPTION: PPP LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 11,549.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY DAKE INMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04178398492
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
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/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/ReturnTs02021-05-05T10:09:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$89,727
Liabilities
$19,269
Net assets
$70,458
Revenue
$139,985
Expenses
$138,271
Net income
$1,714
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
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.19$0.70$1.40$1.38$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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