Innovative Truth
- Assets
- $51.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 21-5731463
Organization Overview
Innovative Truth is located in San Antonio, TX. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Innovative Truth is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Innovative Truth generated $69.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $65.8k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE FOCUS ON LOVING GODS PEOPLE & FAITHFULLY TEACHING THE GOSPEL BY MEETING WEEKLY IN SMALL AFFINITY GROUPS WHERE WE STRENGTHEN THE INDIVIDUAL THE FAMILY AND THE COMMUNITY; ALWAYS FOCUSED ULTIMATELY ON SALVATION THROUGH JESUS CHRIST.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Allen President | 40 | $61,000 | |
Tonya Venezia Chairman | 40 | $0 | |
Marsha Montoya Treasurer | 1 | $0 | |
Stephanie Seefeldt Director | 1 | $0 | |
Roderick Barnes Director | 0 | $0 | |
Rev James Seiwert Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,252 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,806 |
| Total expenses | $65,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,985 |
| Other assets | $0 |
| Total assets | $50,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,985 |