Civic Intelligence

Present Truth Ministries Inc

EIN 27-5053706 • 501(c)3 • Hopkins, MN

Profile

Advocacy for the persecuted church and missionary work.

901 1/2 MainstreetHopkins, MN 55343

presenttruthmn.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

48th percentile

0.8%

Higher net margin than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

97th percentile

244%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

-2.5%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$52,861

Up $37,492 (+244%) from 2017

Liabilities

Down

$1,542

Down $5,080 (-77%) from 2017

Net Assets

Up

$51,319

Up $42,572 (+487%) from 2017

Operations
Liabilities / Revenue67th percentileNet Margin48th percentile

Revenue

Down

$202,626

Down $5,221 (-2.5%) from 2017

Expenses

Up

$200,935

Up $1,835 (+0.9%) from 2017

Net Income

Down

$1,691

Down $7,056 (-81%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2015: $3,434Liabilities 2015: $0Net Assets 2015: $3,4342015Assets 2016: $1,292Liabilities 2016: $6,982Net Assets 2016: -$5,6902016Assets 2017: $15,369Liabilities 2017: $6,622Net Assets 2017: $8,7472017Assets 2018: $52,861Liabilities 2018: $1,542Net Assets 2018: $51,3192018

Highlighted filing

2018

Assets$52,861
Liabilities$1,542
Net Assets$51,319
Open 2018 Filing

Operations Trend

Revenue Growth48th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $199,293Expenses 2015: $196,489Net Income 2015: $2,8042015Revenue 2016: $226,887Expenses 2016: $236,011Net Income 2016: -$9,1242016Revenue 2017: $207,847Expenses 2017: $199,100Net Income 2017: $8,7472017Revenue 2018: $202,626Expenses 2018: $200,935Net Income 2018: $1,6912018

Highlighted filing

2018

Revenue$202,626
Expenses$200,935
Net Income$1,691
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,861
Liabilities
$1,542
Net assets
$51,319
Revenue
$202,626
Expenses
$200,935
Net income
$1,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.02$0.51$2.03$2.01$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.07$0.09$2.08$1.99$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.07$0.06$2.27$2.36$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.99$1.96$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 10, 2019
Return Version
2018v3.1
Gross Receipts
$202,626
Mission and Program Overview

Mission

Advocacy for the persecuted church and missionary work.

To serve as a christian missions organization that spreads the gospel throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,718$52,861▲ $47,143
Cash and Non-Interest-Bearing Accounts$9,651--
Total Assets$15,369$52,861▲ $37,492
Liabilities
Other Liabilities$6,622$1,542▼ $5,080
Total Liabilities$6,622$1,542▼ $5,080
Net Assets / Fund Balance
Unrestricted Net Assets$8,747$51,319▲ $42,572
Total Net Assets Fund Balance$8,747$51,319▲ $42,572
Total Liabilities and Net Assets / Fund Balance$15,369$52,861▲ $37,492
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Jason DemarsOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$202,626
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$202,626
Change in Net Assets
$1,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$121,700
Salaries, Compensation, and Employee Benefits$79,235
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,260$25,709-$71,969
Fees for Services Other$43,550$17,191-$60,741
Travel$32,304--$32,304
Office Expenses$13,715--$13,715
Payroll Taxes$4,670$2,596-$7,266
Occupancy-$6,236-$6,236
Fees for Services Legal-$6,067-$6,067
Advertising$2,636--$2,636
Interest$1--$1
Total Functional Expenses$143,136$57,799$0$200,935
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cc$1,157
Payroll$385
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Present Truth Ministries Inc
EIN
27-5053706
Address
901 1/2 MAINSTREET, HOPKINS, MN 55343

Signing Officer

Name
Jason Demars
Title
Officer
Signed
2019-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Demars
Formed
2017
Voting Board Members
1
Independent Board Members
1
Employees
1

Preparer

Firm
Caylor Ltd
Address
3340B ANNAPOLIS LN N, PLYMOUTH, MN 55447-5373
Preparer
John D Caylor
Phone
9527679070
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To serve as a christian missions organization that spreads the gospel throughout the world.”

Form 990, Part IX, Line 11G

“Bank fees 0 9,078 0 office 0 2,975 0 grants 31,907 0 0 internet 2,227 2,227 0 meals 1,210 0 0 postage 781 781 0 printing 2,130 2,130 0 misc 241 0 0 translators 4,048 0 0 meetings 1,006 0 0 total 43,550 17,191 0”

Raw XML Appendix244 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.

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IRS990/IRPDocumentCnt00
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