Civic Intelligence

Truthxchange Inc.

990 • Fiscal year 2015 • EIN 75-3099544

Jan 01, 2015 to Dec 31, 2015 • Filed on May 31, 2016

PO Box 416Escondido, CA 92033

(760) 746-1346

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

62nd percentile

8.7%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$103,311

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 30.4% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

81st percentile

40%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$103,687

Up $29,663 (+40%) from 2014

Net Assets

Up

$103,275

Up $29,710 (+40%) from 2014

Liabilities

Down

$412

Down $47 (-10%) from 2014

Revenue

Up

$340,273

Up $48,166 (+16%) from 2014

Expenses

Down

$310,563

Down $2,352 (-0.8%) from 2014

Net Income

Up

$29,710

Up $50,518 (+243%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $155,051Liabilities 2010: $1,641Net Assets 2010: $153,4102010Assets 2011: $115,050Liabilities 2011: $64Net Assets 2011: $114,9862011Assets 2012: $108,397Liabilities 2012: $261Net Assets 2012: $108,1362012Assets 2013: $94,373Liabilities 2013: $0Net Assets 2013: $94,3732013Assets 2014: $74,024Liabilities 2014: $459Net Assets 2014: $73,5652014Assets 2015: $103,687Liabilities 2015: $412Net Assets 2015: $103,2752015Assets 2016: $118,145Liabilities 2016: $282Net Assets 2016: $117,8632016Assets 2017: $99,725Liabilities 2017: $0Net Assets 2017: $99,7252017Assets 2018: $165,613Liabilities 2018: $0Net Assets 2018: $165,6132018Assets 2019: $141,240Liabilities 2019: $0Net Assets 2019: $141,2402019Assets 2020: $346,407Liabilities 2020: $101,838Net Assets 2020: $244,5692020Assets 2021: $282,059Liabilities 2021: $6,414Net Assets 2021: $275,6452021Assets 2022: $430,472Liabilities 2022: $3,188Net Assets 2022: $427,2842022Assets 2023: $352,456Liabilities 2023: $2,117Net Assets 2023: $350,3392023Assets 2024: $46,353Liabilities 2024: $7,599Net Assets 2024: $38,7542024

Highlighted filing

2015

Assets$103,687
Liabilities$412
Net Assets$103,275

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $265,4432010Expenses 2011: $252,0902011Expenses 2012: $282,0572012Revenue 2013: $299,360Expenses 2013: $313,123Net Income 2013: -$13,7632013Revenue 2014: $292,107Expenses 2014: $312,915Net Income 2014: -$20,8082014Revenue 2015: $340,273Expenses 2015: $310,563Net Income 2015: $29,7102015Revenue 2016: $331,129Expenses 2016: $316,541Net Income 2016: $14,5882016Revenue 2017: $274,542Expenses 2017: $292,680Net Income 2017: -$18,1382017Revenue 2018: $321,333Expenses 2018: $255,445Net Income 2018: $65,8882018Revenue 2019: $253,011Expenses 2019: $277,384Net Income 2019: -$24,3732019Revenue 2020: $416,346Expenses 2020: $313,017Net Income 2020: $103,3292020Revenue 2021: $427,519Expenses 2021: $396,443Net Income 2021: $31,0762021Revenue 2022: $486,431Expenses 2022: $334,792Net Income 2022: $151,6392022Revenue 2023: $340,510Expenses 2023: $418,572Net Income 2023: -$78,0622023Revenue 2024: $281,479Expenses 2024: $592,872Net Income 2024: -$311,3932024

Highlighted filing

2015

Revenue$340,273
Expenses$310,563
Net Income$29,710
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 31, 2016
Return Version
2015v2.0
Gross Receipts
$340,273
Mission and Program Overview

Mission

The mission of the organization is to communicate the gospel of jesus christ for religious and educational purposes via open dialog, conferences, publications and audio/visual productions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$73,734$103,583▲ $29,849
Land, Buildings, and Equipment, Net$290$104▼ $186
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$74,024$103,687▲ $29,663
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$459$412▼ $47
Total Liabilities$459$412▼ $47
Net Assets / Fund Balance
Unrestricted Net Assets$73,565$103,275▲ $29,710
Total Net Assets Fund Balance$73,565$103,275▲ $29,710
Total Liabilities and Net Assets / Fund Balance$74,024$103,687▲ $29,663

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$104$11,725$11,829
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter JonesExecutive DirectorFT$41,111$62,200$103,311

Board Members and Trustees

NameTitle
Brian FreemanDirector
Chris PobleteDirector
Dan OgdenDirector
Jeffrey VentrellaDirector
Joseph BootDirector
Pam FrostDirector
Mike LawSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$305,880
Program Service Revenue
$34,393
Investment Income
$0
Other Revenue
$0
All Other Contributions
$305,880
Change in Net Assets
$29,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$230,466
Other Expenses$80,097
Total Fundraising Expense$17,951
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,708$5,195-$103,903
Current Officers, Directors, Trustees, and Key Employees$98,145$5,166-$103,311
Occupancy$14,666$772-$15,438
Conferences and Meetings$14,222$749-$14,971
Other Employee Benefits$13,663$719-$14,382
Travel$8,750$461-$9,211
Payroll Taxes$8,427$443-$8,870
Insurance$4,467$235-$4,702
All Other Expenses$3,480$183-$3,663
Office Expenses$3,359$177-$3,536
Other Expenses$2,599$137$17,951$2,736
Advertising$779$41-$820
Fees for Services Accounting$618$32-$650
Fees for Services Legal$187$10-$197
Depreciation Depletion$177$9-$186
Total Functional Expenses$277,981$14,631$17,951$310,563
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Board of Directors are elected and approved annually by a majority vote. Board members serve 3 year staggered term.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Compensation arrangements required approval of the Board of Directors.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Board of Directors review and approve the filing of the annual Form 990 before submitting the IRS.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Directors approve compensation for all employees of the organization.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board of Directors approve compensation for all employees of the organization.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available to public upon request, requirement, and approval of the Board of Directors. All requests from the public must be received in writing to the mailing address of the organization.

Filing and Contact Details

Filer

Filer Name
TruthXchange Inc
EIN
75-3099544
Phone
7607461346
Address
PO Box 416, Escondido, CA 92033

Signing Officer

Name
Peter Jones
Title
Executive Director
Signed
2016-05-31
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
7
Employees
3
Volunteers
15

Preparer

Firm
Vander Spek & Corsello CPAs
Address
350 West Fifth Ave Suite 300, Escondido, CA 92025-4865
Preparer
James K Vander Spek CPA
Phone
7607412659
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Books
IRS990/ProgramServiceRevenueGrp/Desc1Project income
IRS990/ProgramServiceRevenueGrp/Desc2Speaking Honorarium
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06615
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15101
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222677
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06615
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15101
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222677
IRS990/ProgSrvcAccomActy2Grp/Desc0Communication and education of the Gospel of Jesus Chrit via conference for religious purposes.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0267639
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0102333
IRS990/PYProgramServiceRevenueAmt024465
IRS990/PYRevenuesLessExpensesAmt0-20808
IRS990/PYSalariesCompEmpBnftPaidAmt0210582
IRS990/PYTotalExpensesAmt0312915
IRS990/PYTotalRevenueAmt0292107
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt029710
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0305880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0267639
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0224502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0164892
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0154548
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01117461
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt034393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt024465
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt074858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0110303
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt059096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0303115
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt025
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84920
IRS990ScheduleA/PublicSupportPY509Pct00.78450
IRS990ScheduleA/PublicSupportTotal509Amt01206319
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt064858
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0100303
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt049096
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0214257
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt064858
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0100303
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt049096
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0214257
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0340273
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0292104
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0299360
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0275195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0213644
IRS990ScheduleA/Total509Grp/TotalAmt01420576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0340273
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0292107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0299360
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0275195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0213666
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01420601
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0104
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011725
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011829
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of Directors are elected and approved annually by a majority vote. Board members serve 3 year staggered term.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Compensation arrangements required approval of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors review and approve the filing of the annual Form 990 before submitting the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors approve compensation for all employees of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board of Directors approve compensation for all employees of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are made available to public upon request, requirement, and approval of the Board of Directors. All requests from the public must be received in writing to the mailing address of the organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt074024
IRS990/TotalAssetsEOYAmt0103687
IRS990/TotalAssetsGrp/BOYAmt074024

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.46$0.08$0.39$2.81$5.93$3.11
2023Detailed filing. Detailed filing data is available for this year.$3.52$0.02$3.50$3.41$4.19$0.78
2022Detailed filing. Detailed filing data is available for this year.$4.30$0.03$4.27$4.86$3.35$1.52
2021Detailed filing. Detailed filing data is available for this year.$2.82$0.06$2.76$4.28$3.96$0.31
2020Detailed filing. Detailed filing data is available for this year.$3.46$1.02$2.45$4.16$3.13$1.03
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$2.53$2.77$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$3.21$2.55$0.66
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$2.75$2.93$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$3.31$3.17$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.03$3.40$3.11$0.30
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$2.92$3.13$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$2.99$3.13$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$2.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$2.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.02$1.53$2.65