Civic Intelligence

Truelove Charity Foundation

EIN 81-3092681 • 501(c)3 • Fuquay Varina, NC

Profile

To advance the christian faith in the world

809 Holland RoadFuquay Varina, NC 27526

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

2.59x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE Q33 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

0.69x

Higher debt load relative to revenue than 96% of similar nonprofits.

NTEE Q33 • <$500k nonprofits • Source year 2019

Net Margin

23rd percentile

-12%

Higher net margin than 23% of similar nonprofits.

NTEE Q33 • <$500k nonprofits • Source year 2019

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

NTEE Q33 • <$500k nonprofits • Source year 2019

Asset Growth

25th percentile

-31%

Faster asset growth than 25% of similar nonprofits.

NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-32%

Faster revenue growth than 27% of similar nonprofits.

NTEE Q33 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,563

Down $1,625 (-31%) from 2018

Liabilities

Flat

$9,233

Flat from 2018

Net Assets

Down

-$5,670

Down $1,625 (-40%) from 2018

Operations
Liabilities / Revenue96th percentileNet Margin23rd percentile

Revenue

Down

$13,325

Down $6,245 (-32%) from 2018

Expenses

Down

$14,950

Down $8,882 (-37%) from 2018

Net Income

Up

-$1,625

Up $2,637 (+62%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$10K$5.0K$0-$5.0K-$10KAssets 2017: $8,395Liabilities 2017: $8,178Net Assets 2017: $2172017Assets 2018: $5,188Liabilities 2018: $9,233Net Assets 2018: -$4,0452018Assets 2019: $3,563Liabilities 2019: $9,233Net Assets 2019: -$5,6702019

Highlighted filing

2019

Assets$3,563
Liabilities$9,233
Net Assets-$5,670
Open 2019 Filing

Operations Trend

Revenue Growth27th percentile

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

$100K$50K$0-$50KRevenue 2017: $85,885Expenses 2017: $78,050Net Income 2017: $7,8352017Revenue 2018: $19,570Expenses 2018: $23,832Net Income 2018: -$4,2622018Revenue 2019: $13,325Expenses 2019: $14,950Net Income 2019: -$1,6252019

Highlighted filing

2019

Revenue$13,325
Expenses$14,950
Net Income-$1,625
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,563
Liabilities
$9,233
Net assets
-$5,670
Revenue
$13,325
Expenses
$14,950
Net income
-$1,625
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$3.56$9.23$5.67$13.3$15.0$1.63
2018Detailed filing. Detailed filing data is available for this year.$5.19$9.23$4.05$19.6$23.8$4.26
2017Detailed filing. Detailed filing data is available for this year.$8.40$8.18$0.22$85.9$78.1$7.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.0
Gross Receipts
$13,325
Mission and Program Overview

Mission

To advance the christian faith in the world

Program Services

DescriptionGrantsExpenses
Advance the christian faith in the world$13,800-
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
P Eugene TruelovePresidentPT$0--
Nanette D TrueloveDirectorPT$0--
Perry E TrueloveDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Truelove Charity Foundation
EIN
81-3092681
Phone
9197953053
Address
809 Holland Road, Fuquay Varina, NC 27526

Signing Officer

Name
P Eugene Truelove
Title
President
Signed
2020-07-15
Discuss with paid preparer
Yes

Preparer

Firm
Duke & Boone Cpas Pa
Address
225 S Main Street, Fuquay Varina, NC 27526
Preparer
Dennis Duke CPA
Phone
9195528000
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.8

“Class of Activity: Religous Organization | Donee's Name: Nepal Bible Training Center | Relationship of Donee: None | Cash Amount Given: $11400”

Other Expenses.1002

“Office Expenses $650”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $9233 Payable to Officers, Directors, Etc. - Ending $9233”

Raw XML Appendix148 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09197953053
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0809 Holland Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fuquay Varina
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027526
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05188
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03563
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013325
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1625
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt013800
IRS990EZ/GrossReceiptsAmt013325
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-4045
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-5670
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-4045
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-5670
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Perry E Truelove
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0650
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To advance the christian faith in the world
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Advance the christian faith in the world
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013800
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09233
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt09233
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt014950
IRS990EZ/TotalProgramServiceExpensesAmt013800
IRS990EZ/TotalRevenueAmt013325
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt020000
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019570
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt080885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0113780
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt062980
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt050800
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt030800
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt030800
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt019570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt080885
IRS990ScheduleA/Total509Grp/TotalAmt0113780
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt019570
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0113780
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: Religous Organization | Donee's Name: Nepal Bible Training Center | Relationship of Donee: None | Cash Amount Given: $11400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Payable to Officers, Directors, Etc. - Beginning $9233 Payable to Officers, Directors, Etc. - Ending $9233
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1006
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0P Eugene Truelove
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Truelove Charity Foundation
ReturnHeader/Filer/BusinessNameControlTxt0TRUE
ReturnHeader/Filer/EIN0813092681
ReturnHeader/Filer/PhoneNum09197953053
ReturnHeader/Filer/USAddress/AddressLine1Txt0809 Holland Road
ReturnHeader/Filer/USAddress/CityNm0Fuquay Varina
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027526
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208040769
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUKE & BOONE CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 S Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fuquay Varina
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027526
ReturnHeader/PreparerPersonGrp/PhoneNum09195528000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dennis Duke CPA
ReturnHeader/ReturnTs02020-07-15T12:42:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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