Civic Intelligence

True Purpose Ministries

990 • Fiscal year 2017 • EIN 27-1867807

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 01, 2018

2628 Morganton RdMaryville, TN 37801

(865) 599-9313

Siviq Scores

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

Liabilities / Assets

90th percentile

0.89x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.08x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

42nd percentile

$39,400

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

80th percentile

20%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,436,902

Up $236,324 (+20%) from 2016

Net Assets

Up

$151,372

Up $10,117 (+7.2%) from 2016

Liabilities

Up

$1,285,530

Up $226,207 (+21%) from 2016

Revenue

Up

$618,445

Up $81,269 (+15%) from 2016

Expenses

Up

$603,958

Up $123,027 (+26%) from 2016

Net Income

Down

$14,487

Down $41,758 (-74%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $2,201Liabilities 2013: $8,358Net Assets 2013: -$6,1572013Assets 2014: $12,413Liabilities 2014: $553Net Assets 2014: $11,8602014Assets 2015: $85,769Liabilities 2015: $759Net Assets 2015: $85,0102015Assets 2016: $1,200,578Liabilities 2016: $1,059,323Net Assets 2016: $141,2552016Assets 2017: $1,436,902Liabilities 2017: $1,285,530Net Assets 2017: $151,3722017Assets 2018: $2,025,418Liabilities 2018: $1,946,197Net Assets 2018: $79,2212018Assets 2019: $1,968,275Liabilities 2019: $1,943,489Net Assets 2019: $24,7862019Assets 2020: $2,181,304Liabilities 2020: $2,193,974Net Assets 2020: -$12,6702020Assets 2021: $2,038,433Liabilities 2021: $2,214,287Net Assets 2021: -$175,8542021Assets 2024: $1,961,434Liabilities 2024: $1,575,322Net Assets 2024: $386,1122024

Highlighted filing

2017

Assets$1,436,902
Liabilities$1,285,530
Net Assets$151,372

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $446,416Expenses 2013: $443,938Net Income 2013: $2,4782013Revenue 2014: $495,047Expenses 2014: $477,030Net Income 2014: $18,0172014Revenue 2015: $419,142Expenses 2015: $345,992Net Income 2015: $73,1502015Revenue 2016: $537,176Expenses 2016: $480,931Net Income 2016: $56,2452016Revenue 2017: $618,445Expenses 2017: $603,958Net Income 2017: $14,4872017Revenue 2018: $1,258,815Expenses 2018: $1,330,966Net Income 2018: -$72,1512018Revenue 2019: $1,273,671Expenses 2019: $1,317,414Net Income 2019: -$43,7432019Revenue 2020: $1,170,122Expenses 2020: $1,207,578Net Income 2020: -$37,4562020Revenue 2021: $1,219,633Expenses 2021: $1,382,817Net Income 2021: -$163,1842021Revenue 2024: $1,710,661Expenses 2024: $1,798,936Net Income 2024: -$88,2752024

Highlighted filing

2017

Revenue$618,445
Expenses$603,958
Net Income$14,487
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.3
Gross Receipts
$632,077
Mission and Program Overview

Mission

Provide housing, job training, food, clothing, transportation, and bible discipleship training to men recovering from drug and alcohol addiction and also to men who simply desire to learn more about the bible and enroll in our ministry program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,042,247$1,030,535▼ $11,712
Cash and Non-Interest-Bearing Accounts$158,331$111,452▼ $46,879
Accounts Receivable-$63,830-
Total Assets$1,200,578$1,436,902▲ $236,324
Other Assets Total-$231,085-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,057,038$1,284,247▲ $227,209
Accounts Payable and Accrued Expenses$2,285$1,283▼ $1,002
Total Liabilities$1,059,323$1,285,530▲ $226,207
Net Assets / Fund Balance
Unrestricted Net Assets$11,837$123,010▲ $111,173
Temporarily Rstr Net Assets$129,418$28,362▼ $101,056
Total Net Assets Fund Balance$141,255$151,372▲ $10,117
Total Liabilities and Net Assets / Fund Balance$1,200,578$1,436,902▲ $236,324

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$971,802$52,098$1,023,900
Other Land Buildings$22,633$19,747$42,380
Land$36,100-$36,100
Equipment-$1,529$1,529
Other Assets Org$231,085--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy GrahamExecutive DiFT$39,400$39,400
Pamela SchleifSecretaryFT$22,014$22,014

Board Members and Trustees

NameTitle
Ginger MarshallBoard Member
Matthew CrawleyBoard Member
Maxine RainesBoard Member
Rhonda GrivjackBoard Member
Tim WestBoard Member
Frank GrivjackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$235,321
Program Service Revenue
$372,931
Investment Income
$0
Other Revenue
$10,193
All Other Contributions
$235,321
Change in Net Assets
$14,487

Audited Revenue Reconciliation

Revenue per Audited Statements
$618,445
Total Revenue per Audited Statements
$618,445
Total Revenue per Form 990
$618,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$344,077
Salaries, Compensation, and Employee Benefits$259,881
Total Fundraising Expense$23,282
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,592$26,174$8,724$174,490
Current Officers, Directors, Trustees, and Key Employees$49,131$9,212$3,071$61,414
Travel$33,275$8,318-$41,593
Interest$26,342$6,585-$32,927
Office Expenses$22,947$4,302$1,434$28,683
Occupancy$18,685$5,749-$24,434
Depreciation Depletion$18,482$5,838-$24,320
Payroll Taxes$19,181$3,597$1,199$23,977
Insurance$14,346$4,414-$18,760
All Other Expenses$14,938$3,734-$18,672
Fees for Services Accounting$9,239$2,310-$11,549
Other Expenses$8,812$2,711-$11,523
Advertising--$8,854$8,854
Fees for Services Other$3,774$944-$4,718
Total Functional Expenses$473,179$107,497$23,282$603,958

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$603,958
Total Expenses per Audited Statements$603,958
Total Expenses per Form 990$603,958
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Frank grivjack rhonda grivjack board member board member married

Form 990, Page 6, Part VI, Line 9

Frank grivjack 2920 glen rd. Louisvile, tn 37777 pamela schleif 913 carter st. Seymour, tn 37865 matthew crawley 2341 ryker ferry rd. Sevierville, tn 37876 tim west 100 dalton place way knoxville, tn 37912 joe marshall 3310 cove point dr. Louisvile, tn 37777 ginger marshall 3310 cove point dr. Louisvile, tn 37777 rhonda grivjack 2920 glenn rd. Louisville, tn 37777

Form 990, Page 6, Part VI, Line 11B

True purpose reviews financial statements as provided by bookkeeper with board of directors on monthly basis. Form 990 is presented to board for approval. True purpose retains copies of governing documents, conflict of interest policy and financial statements in office and make available for anyone who requests a copy.

Form 990, Page 6, Part VI, Line 15A

Compensation is subject to review and vote by board members.

Form 990, Page 6, Part VI, Line 19

True purpose reviews financial statements as provided by bookkeeper with board of directors on monthly basis. Form 990 is presented to board for approval. True purpose retains copies of governing documents, conflict of interest policy and financial statements in office and make available for anyone who requests a copy.

Filing and Contact Details

Filer

Filer Name
True Purpose Ministries
EIN
27-1867807
Phone
8655999313
Address
2628 MORGANTON RD, MARYVILLE, TN 37801
Doing Business As
True Purpose Ministries

Signing Officer

Name
Jeremy Graham
Title
Executive Director
Phone
8655999313
Signed
2018-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Graham
Formed
2009
Legal Domicile
Tn
Voting Board Members
8
Independent Board Members
6
Employees
12
Volunteers
30

Preparer

Firm
Ingram Overholt & Bean Pc
Address
428 MARILYN LANE, ALCOA, TN 37701
Preparer
Sarah Moscript
Phone
8659841040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Provide housing, job training, food, clothing, transportation, and bible discipleship training to men recovering from drug and alcohol addiction and also to men who simply desire to learn more about the bible and enroll in our ministry program.

Form 990, Page 1, Part I, Line 6

Volunteers assist with building projects and general operations.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE HOUSING, JOB TRAINING, FOOD, CLOTHING, TRANSPORTATION, AND BIBLE DISCIPLESHIP TRAINING TO MEN RECOVERING FROM DRUG AND ALCOHOL ADDICTION AND ALSO TO MEN WHO SIMPLY DESIRE TO LEARN MORE ABOUT THE BIBLE AND ENROLL IN OUR MINISTRY PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS ASSIST WITH BUILDING PROJECTS AND GENERAL OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FRANK GRIVJACK RHONDA GRIVJACK BOARD MEMBER BOARD MEMBER MARRIED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FRANK GRIVJACK 2920 GLEN RD. LOUISVILE, TN 37777 PAMELA SCHLEIF 913 CARTER ST. SEYMOUR, TN 37865 MATTHEW CRAWLEY 2341 RYKER FERRY RD. SEVIERVILLE, TN 37876 TIM WEST 100 DALTON PLACE WAY KNOXVILLE, TN 37912 JOE MARSHALL 3310 COVE POINT DR. LOUISVILE, TN 37777 GINGER MARSHALL 3310 COVE POINT DR. LOUISVILE, TN 37777 RHONDA GRIVJACK 2920 GLENN RD. LOUISVILLE, TN 37777
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS SUBJECT TO REVIEW AND VOTE BY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRUE PURPOSE REVIEWS FINANCIAL STATEMENTS AS PROVIDED BY BOOKKEEPER WITH BOARD OF DIRECTORS ON MONTHLY BASIS. FORM 990 IS PRESENTED TO BOARD FOR APPROVAL. TRUE PURPOSE RETAINS COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS IN OFFICE AND MAKE AVAILABLE FOR ANYONE WHO REQUESTS A COPY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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