Civic Intelligence

Truth Initiative Foundation

990T • Fiscal year 2024 • EIN 91-1956621

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

Organization ProfileTRUTHINITIATIVE.ORG

View Organization Page

900 G Street NW 4th FLWashington, DC 20001

(202) 454-5555

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2011: $1,100,583,351Liabilities 2011: $60,977,715Net Assets 2011: $1,039,605,6362011Assets 2012: $1,038,736,480Liabilities 2012: $64,544,469Net Assets 2012: $974,192,0112012Assets 2013: $1,091,727,835Liabilities 2013: $71,791,463Net Assets 2013: $1,019,936,3722013Assets 2014: $1,151,506,314Liabilities 2014: $40,960,230Net Assets 2014: $1,110,546,0842014Assets 2015: $1,096,789,302Liabilities 2015: $48,778,256Net Assets 2015: $1,048,011,0462015Assets 2016: $957,381,718Liabilities 2016: $26,193,600Net Assets 2016: $931,188,1182016Assets 2017: $1,019,042,166Liabilities 2017: $82,437,386Net Assets 2017: $936,604,7802017Assets 2018: $992,475,517Liabilities 2018: $88,537,328Net Assets 2018: $903,938,1892018Assets 2019: $922,385,220Liabilities 2019: $81,914,566Net Assets 2019: $840,470,6542019Assets 2020: $853,605,796Liabilities 2020: $81,757,560Net Assets 2020: $771,848,2362020Assets 2021: $1,008,096,015Liabilities 2021: $114,101,384Net Assets 2021: $893,994,6312021Assets 2022: $833,593,516Liabilities 2022: $107,438,597Net Assets 2022: $726,154,9192022Assets 2023: $764,347,458Liabilities 2023: $110,630,924Net Assets 2023: $653,716,5342023Assets 2024: $711,724,975Liabilities 2024: $107,974,360Net Assets 2024: $603,750,6152024Assets 2025: $676,326,896Liabilities 2025: $100,136,676Net Assets 2025: $576,190,2202025

Latest loaded filing

2025

Assets$676,326,896
Liabilities$100,136,676
Net Assets$576,190,220
Open 2025 Filing

Operations Trend

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

$200M$100M$0-$100MExpenses 2011: $66,850,9862011Expenses 2012: $51,262,4282012Expenses 2013: $75,153,3392013Revenue 2014: $117,165,393Expenses 2014: $65,065,789Net Income 2014: $52,099,6042014Revenue 2015: $88,775,190Expenses 2015: $107,510,970Net Income 2015: -$18,735,7802015Revenue 2016: $32,680,682Expenses 2016: $119,131,077Net Income 2016: -$86,450,3952016Revenue 2017: $67,533,533Expenses 2017: $113,822,409Net Income 2017: -$46,288,8762017Revenue 2018: $70,169,506Expenses 2018: $117,013,813Net Income 2018: -$46,844,3072018Revenue 2019: $98,736,487Expenses 2019: $104,980,089Net Income 2019: -$6,243,6022019Revenue 2020: $57,705,985Expenses 2020: $109,295,633Net Income 2020: -$51,589,6482020Revenue 2021: $92,158,475Expenses 2021: $98,704,313Net Income 2021: -$6,545,8382021Revenue 2022: $111,718,749Expenses 2022: $118,089,967Net Income 2022: -$6,371,2182022Revenue 2023: $59,245,878Expenses 2023: $116,909,770Net Income 2023: -$57,663,8922023Revenue 2024: $73,144,611Expenses 2024: $107,342,211Net Income 2024: -$34,197,6002024Revenue 2025: $52,987,573Expenses 2025: $109,721,541Net Income 2025: -$56,733,9682025

Latest loaded filing

2025

Revenue$52,987,573
Expenses$109,721,541
Net Income-$56,733,968
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v8.0
Mission and Program Overview

Mission

Truth initiative's mission is to achieve a culture where all youth and young adults reject tobacco. The purposes for which the foundation is formed are to support (1) the study of and programs to reduce youth tobacco product usage and youth substance (continued on schedule o) abuse in the states and (2) the study of and educational programs to prevent diseases associated with the use of tobacco products in the states.

Filing and Contact Details

Filer

Filer Name
Truth Initiative Foundation
EIN
91-1956621
Phone
2024545555
Address
900 G STREET NW 4TH FL, WASHINGTON, DC 20001

Signing Officer

Name
ANTHONY T O'TOOLE
Title
Evp/cfio
Phone
2024545555
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
1001 WATER ST STE 500, TAMPA, FL 33602
Preparer
Kristen Barnett
Phone
8133162300
Raw XML Appendix134 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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IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt08146
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IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1AMBERBROOK VII, LP
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc2PARK STREET CAPITAL PRIVATE EQUITY FUND
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc3OAKTREE POWER OPPORTUNITIES FUND VI, LP
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc4BLUE OWL GP STAKES II US INVESTORS LP (F
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IRS990T/BooksInCareOfDetail/PersonNm0ANTHONY T O'TOOLE EVPCFIO
IRS990T/BooksInCareOfDetail/PhoneNum02024545555
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0900 G STREET NW
IRS990T/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
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IRS990T/BookValueAssetsEOYAmt0711724975
IRS990T/CharitableContributionsDedAmt0115290
IRS990T/ESPenaltyAmt03325
IRS990T/EstimatedTaxPaymentsAmt0600000
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IRS990T/OverpaymentSection/AppliedToESTaxAmt0378777
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IRS990TScheduleA/TotalDeductionsAmt037150
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt0-92406
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt01236769
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
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Net assets
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Revenue
-
Expenses
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Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$676$100$576$53.0$110$56.7
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$712$108$604$73.1$107$34.2
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$764$111$654$59.2$117$57.7
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$834$107$726$112$118$6.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,008$114$894$92.2$98.7$6.55
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$854$81.8$772$57.7$109$51.6
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$922$81.9$840$98.7$105$6.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$992$88.5$904$70.2$117$46.8
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,019$82.4$937$67.5$114$46.3
2016Detailed filing. Detailed filing data is available for this year.$957$26.2$931$32.7$119$86.5
2015Detailed filing. Detailed filing data is available for this year.$1,097$48.8$1,048$88.8$108$18.7
2014Detailed filing. Detailed filing data is available for this year.$1,152$41.0$1,111$117$65.1$52.1
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,092$71.8$1,020$75.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,039$64.5$974$51.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,101$61.0$1,040$66.9