Civic Intelligence

Truth78

990 • Fiscal year 2020 • EIN 47-3782829

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

521 Crystal Lake Rd WBurnsville, MN 55306

(877) 400-1414

Siviq Scores

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

Liabilities / Assets

69th percentile

0.28x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

40th percentile

0.08x

Higher debt load relative to revenue than 40% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

41st percentile

1.3%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

42nd percentile

2.9%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

34%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$325,028

Up $9,028 (+2.9%) from 2019

Net Assets

Up

$235,314

Up $13,951 (+6.3%) from 2019

Liabilities

Down

$89,714

Down $4,923 (-5.2%) from 2019

Revenue

Up

$1,104,411

Up $279,091 (+34%) from 2019

Expenses

Up

$1,090,460

Up $244,082 (+29%) from 2019

Net Income

Up

$13,951

Up $35,009 (+166%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $188,653Liabilities 2016: $88,228Net Assets 2016: $100,4252016Assets 2017: $285,187Liabilities 2017: $114,140Net Assets 2017: $171,0472017Assets 2018: $338,607Liabilities 2018: $96,186Net Assets 2018: $242,4212018Assets 2019: $316,000Liabilities 2019: $94,637Net Assets 2019: $221,3632019Assets 2020: $325,028Liabilities 2020: $89,714Net Assets 2020: $235,3142020Assets 2021: $344,361Liabilities 2021: $151,981Net Assets 2021: $192,3802021Assets 2022: $350,099Liabilities 2022: $113,017Net Assets 2022: $237,0822022Assets 2023: $621,199Liabilities 2023: $464,062Net Assets 2023: $157,1372023Assets 2024: $516,687Liabilities 2024: $505,525Net Assets 2024: $11,1622024Assets 2025: $329,272Liabilities 2025: $274,553Net Assets 2025: $54,7192025

Highlighted filing

2020

Assets$325,028
Liabilities$89,714
Net Assets$235,314

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $730,931Expenses 2016: $697,323Net Income 2016: $33,6082016Revenue 2017: $695,466Expenses 2017: $624,844Net Income 2017: $70,6222017Revenue 2018: $815,406Expenses 2018: $744,032Net Income 2018: $71,3742018Revenue 2019: $825,320Expenses 2019: $846,378Net Income 2019: -$21,0582019Revenue 2020: $1,104,411Expenses 2020: $1,090,460Net Income 2020: $13,9512020Revenue 2021: $1,221,042Expenses 2021: $1,263,976Net Income 2021: -$42,9342021Revenue 2022: $1,514,726Expenses 2022: $1,470,024Net Income 2022: $44,7022022Revenue 2023: $1,180,113Expenses 2023: $1,260,058Net Income 2023: -$79,9452023Revenue 2024: $1,125,498Expenses 2024: $1,271,473Net Income 2024: -$145,9752024Revenue 2025: $1,461,269Expenses 2025: $1,417,712Net Income 2025: $43,5572025

Highlighted filing

2020

Revenue$1,104,411
Expenses$1,090,460
Net Income$13,951
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$1,493,506
Mission and Program Overview

Mission

Our mission is to equip the church and home with resources and training that instruct the mind, engage the heart, and nurture the faith of the next generations by proclaiming the whole counsel of god.

Our vision is that the next generations know, honor, and treasure god, setting their hope in christ alone, so that they will live as faithful disciples for the glory of god.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$138,995$189,947▲ $50,952
Land, Buildings, and Equipment, Net$116,519$101,235▼ $15,284
Inventories for Sale or Use$57,990$33,174▼ $24,816
Accounts Receivable$438$672▲ $234
Total Assets$316,000$325,028▲ $9,028
Other Assets Total$2,058$0▼ $2,058
Liabilities
Accounts Payable and Accrued Expenses$94,637$89,714▼ $4,923
Total Liabilities$94,637$89,714▼ $4,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$216,123$235,314▲ $19,191
Net Assets With Donor Restrictions$5,240$0▼ $5,240
Total Net Assets Fund Balance$221,363$235,314▲ $13,951
Total Liabilities and Net Assets / Fund Balance$316,000$325,028▲ $9,028

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$101,235$56,607$157,842
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian EatonSecretaryFT$94,747$35,354$130,101
David MichaelPresidentFT$34,333$9,255$43,588
Terry KurschnerTreasurerPT$23,660-$23,660

Board Members and Trustees

NameTitle
Bill KestingChairman of the Board
John DonaldsonDirector
Ron RuddDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Copy RightPrinting Fulfillment3177 DODD ROAD, Eagan, MN 55121$279,699
Revenue and Support

Revenue Composition

Contributions and Grants
$613,214
Program Service Revenue
$15,866
Investment Income
$20
Other Revenue
$475,311
All Other Contributions
$496,914
Change in Net Assets
$13,951

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,104,411
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$389,095
Total Revenue per Audited Statements
$1,493,506
Total Revenue per Form 990
$1,104,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$716,755
Other Expenses$373,705
Total Fundraising Expense$80,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$275,887$19,654$4,159$299,700
Current Officers, Directors, Trustees, and Key Employees$13,097$227,517$36,849$277,463
Fees for Services Other$34,633$32,338$35,717$102,688
Other Employee Benefits$54,026$32,573-$86,599
Information Technology$42,788$4,731$1,891$49,410
Payroll Taxes$19,096$24,304-$43,400
Advertising$30,399$5,587$286$36,272
Occupancy$22,305$10,981$1,029$34,315
Depreciation Depletion-$25,777-$25,777
Conferences and Meetings$14,612--$14,612
Pension Plan Contributions$6,092$3,501-$9,593
Travel$5,188$3,491-$8,679
Office Expenses$5,347$2,793$97$8,237
Fees for Services Accounting-$5,314-$5,314
Insurance$1,844$2,347-$4,191
Other Expenses$1,008$1,282-$2,290
Fees for Services Legal-$1,100-$1,100
All Other Expenses-$85-$85
Total Functional Expenses$593,011$417,421$80,028$1,090,460

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,479,555
Expenses per Audited Statements$1,090,460
Total Expenses per Form 990$1,090,460
Expenses Not Reported on Form 990$389,095
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
David MichaelBoard Member & FounderRoyaltiesNo$46,697
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
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, Part VI, Section A, Line 8B

The organization did not have any committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent accounting firm. The organization's management reviews the form 990. The return is then sent to the governing body prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members, paid staff members and volunteers must make known their connections with any person or organization doing business with or carrying out a significant transaction with the organization. This information should be provided in writing as the business arises and annually when requested. Board members who have an actual or potential conflict of interest in a matter or transaction should not participate in discussions or vote on such matters or transaction. Remaining board members will determine if a conflict exists. Staff members who have an actual or potential conflict of interest in a matter or transaction should not be materially involved in decision-making affecting such matter or transaction. All proceedings related to conflicts of interest will be documented in the board meeting minutes or as otherwise appropriate.

Form 990, Part VI, Section B, Line 15

The board has an annual review and makes any compensation changes for the executive director. The process was last done in 2020. The executive director evaluates the performance of staff and determines compensation. The process was last done in 2020.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available to the public upon request. The organization does not make its governing documents or conflict of interest policy available to the public.

Filing and Contact Details

Filer

Filer Name
Truth78
EIN
47-3782829
Phone
8774001414
Address
521 CRYSTAL LAKE RD W, BURNSVILLE, MN 55306

Signing Officer

Name
David Michael
Title
President
Phone
8774001414
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Michael
Formed
2015
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
3
Employees
11
Volunteers
5

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Chad Lassen
Phone
6123764500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization qualifies as a tax-exempt organization described in section 501(c)(3) and is not a private foundation under section 509(a)(2) of the internal revenue code. As such, it is subject to federal and state income taxes on net unrelated business income. The organization adopted the income tax standard for uncertain tax positions. No liability was recognized by the organization as a result of the standards implementation.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 389,095.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 389,095.

Raw XML AppendixShowing 400 of 471 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/Desc0TRUTH78 IS A VISION-ORIENTED MINISTRY FOR THE NEXT GENERATIONS, THAT THEY MAY KNOW, HONOR, AND TREASURE GOD, SETTING THEIR HOPE IN CHRIST ALONE, SO THAT THEY WILL LIVE AS FAITHFUL DISCIPLES FOR THE GLORY OF GOD.TRUTH78'S MISSION IS TO INSPIRE AND EQUIP THE CHURCH AND THE HOME FOR THE COMPREHENSIVE DISCIPLESHIP OF THE NEXT GENERATION. WE ARE EAGER TO "INSPIRE" THE CHURCH AND PARENTS TO EMBRACE THE PRIVILEGE AND THE RESPONSIBILITY FOR THE INTENTIONAL DISCIPLESHIP OF THE NEXT GENERATION, AND TO "EQUIP" THEM WITH THE TOOLS AND RESOURCES THAT WILL SUPPORT THEIR EFFORTS, ENABLING THEM TO FULFILL THIS HIGH AND HOLY CALLING.ENGLISH RESOURCES: THIS YEAR, WE PUBLISHED 6 NEW RESOURCES. TRANSLATED RESOURCES: WE TRANSLATED 15 RESOURCES IN 10 FOREIGN LANGUAGES THIS YEAR. THESE RESOURCES, ALONG WITH 21 ADDITIONAL RESOURCES PREVIOUSLY TRANSLATED, ARE AVAILABLE AT TRUTH78.ORG FOR FREE WORLDWIDE DISTRIBUTION.BLOGS: WE WROTE 113 BLOGS THIS YEAR TO INSPIRE AND EQUIP CHURCHES AND PARENTS FOR THE COMPREHENSIVE DISCIPLE OF THEIR CHILDREN. THESE BLOGS, ALONG WITH THE 562 PREVIOUSLY PUBLISHED BLOGS, ARE AVAILABLE AT TRUTH78.ORG FOR FREE WORLDWIDE DISTRIBUTION. THE TRUTH78 BLOG SERVED 78,100 PAGE VIEWS. THIS YEAR, WE WROTE 52 DEVOTIONAL BLOGS THAT ARE AVAILABLE AT FIGHTERVERSES.COM FOR FREE WORLDWIDE DISTRIBUTION. THE FIGHTERVERSES.COM WEBSITE SERVED APPROXIMATELY 33,000 PAGE VIEWS.RESOURCE GRANTS: TRUTH78 PROVIDED FREE OR DISCOUNTED ENGLISH AND SPANISH RESOURCES TO 7,805 CHILDREN IN 31 DIFFERENT COUNTRIES THIS YEAR.
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt086599
IRS990/OtherExpensesGrp/Desc0RESOURCE DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1PROJECT EXPENSE
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3PAYROLL FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16716
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21282
IRS990/OtherExpensesGrp/ProgramServicesAmt043511
IRS990/OtherExpensesGrp/ProgramServicesAmt123178
IRS990/OtherExpensesGrp/ProgramServicesAmt21008
IRS990/OtherExpensesGrp/TotalAmt043511
IRS990/OtherExpensesGrp/TotalAmt130508
IRS990/OtherExpensesGrp/TotalAmt26716
IRS990/OtherExpensesGrp/TotalAmt32290
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt01400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01400
IRS990/OtherRevenueTotalAmt01400
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04159
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019654
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0275887
IRS990/OtherSalariesAndWagesGrp/TotalAmt0299700
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024304
IRS990/PayrollTaxesGrp/ProgramServicesAmt019096
IRS990/PayrollTaxesGrp/TotalAmt043400
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03501
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06092
IRS990/PensionPlanContributionsGrp/TotalAmt09593
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID MICHAEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015866
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0270715
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1958
IRS990/PYOtherExpensesAmt0247261
IRS990/PYOtherRevenueAmt0551244
IRS990/PYProgramServiceRevenueAmt05319
IRS990/PYRevenuesLessExpensesAmt0-21058
IRS990/PYSalariesCompEmpBnftPaidAmt0599117
IRS990/PYTotalExpensesAmt0846378
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0825320
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt013951
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0116300
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0489777
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt026043
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt025315
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt026785
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt024460
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt024605
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0127208
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0613214
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0270715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0263118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0123193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt081914
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01352154
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0863006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0940125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0947109
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01040067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01173040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04963347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0107
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01400
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt06188293
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt026043
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt025315
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt026785
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt024460
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt024605
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0127208
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01476220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01210840
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01210227
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01163260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01254954
IRS990ScheduleA/Total509Grp/TotalAmt06315501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01477640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01210877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01210235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01163276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01254980
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06317008
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt0389095
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01090460
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0389095
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0101235
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056607
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0157842
IRS990ScheduleD/OtherRevenueAmt0389095
IRS990ScheduleD/RevenueNotReportedAmt0389095
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01104411
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. AS SUCH, IT IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY WAS RECOGNIZED BY THE ORGANIZATION AS A RESULT OF THE STANDARDS IMPLEMENTATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD 389,095.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD 389,095.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0101235
IRS990ScheduleD/TotalExpensesPerForm990Amt01090460
IRS990ScheduleD/TotalRevenuePerForm990Amt01104411
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01493506
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01479555
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DAVID MICHAEL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER & FOUNDER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt046697
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ROYALTIES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0(D) ROYALTIES TO ONE OF THE AUTHORS OF THE CURRICULUM WAS DISTRIBUTED INTO A COMPANY THAT WAS FORMED TO DISTRIBUTE FUNDS FOR CHARITABLE PURPOSES. ONE OF THE OWNERS OF THIS COMPANY IS THE BOARD MEMBER AND FOUNDER OF TRUTH78. $46,697 WAS DISTRIBUTED AS ROYALTIES DURING THE YEAR.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L - PART IV - (D)
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE ORGANIZATION'S MANAGEMENT REVIEWS THE FORM 990. THE RETURN IS THEN SENT TO THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS, PAID STAFF MEMBERS AND VOLUNTEERS MUST MAKE KNOWN THEIR CONNECTIONS WITH ANY PERSON OR ORGANIZATION DOING BUSINESS WITH OR CARRYING OUT A SIGNIFICANT TRANSACTION WITH THE ORGANIZATION. THIS INFORMATION SHOULD BE PROVIDED IN WRITING AS THE BUSINESS ARISES AND ANNUALLY WHEN REQUESTED. BOARD MEMBERS WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN A MATTER OR TRANSACTION SHOULD NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON SUCH MATTERS OR TRANSACTION. REMAINING BOARD MEMBERS WILL DETERMINE IF A CONFLICT EXISTS. STAFF MEMBERS WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN A MATTER OR TRANSACTION SHOULD NOT BE MATERIALLY INVOLVED IN DECISION-MAKING AFFECTING SUCH MATTER OR TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST WILL BE DOCUMENTED IN THE BOARD MEETING MINUTES OR AS OTHERWISE APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD HAS AN ANNUAL REVIEW AND MAKES ANY COMPENSATION CHANGES FOR THE EXECUTIVE DIRECTOR. THE PROCESS WAS LAST DONE IN 2020. THE EXECUTIVE DIRECTOR EVALUATES THE PERFORMANCE OF STAFF AND DETERMINES COMPENSATION. THE PROCESS WAS LAST DONE IN 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0316000
IRS990/TotalAssetsEOYAmt0325028

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