Truth Academy Inc
- Assets
- $16.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MO
- Founding
- 06/2010
- Data as of
- 06/2022
- EIN
- 26-4060943
Organization Overview
Truth Academy Inc is located in Springfield, MO. The organization was established in 2010. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truth Academy Inc 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 06/2022, Truth Academy Inc generated $142.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $166.4k during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE A TWO-DAY PER WEEK SCHOOL TO MEET THE EDUCATIONAL NEEDS OF CHILDREN WHOS PARENTS PREFER HOME SCHOOL. TEACHERS PROVIDE CURRICULUM AND LESSON PLANS, ADMINISTER TESTS, AND TEACH FORMAL CLASSES TWICE A WEEK. 70 STUDENTS GRADES KINDERGARTEN THROUGH 12 WERE SERVED.
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 |
|---|---|---|---|
Carla Groves Administrator/treasurer | 20 | $0 | |
Gregory Groves President | 2 | $0 | |
Laura Johnson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,741 |
| Total Program Service Revenue | $126,324 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,065 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $133,154 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,823 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,375 |
| Total expenses | $166,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,585 |
| Other assets | $0 |
| Total assets | $16,581 |
| Total liabilities | $1,841 |
| Net assets or fund balances | $14,740 |