Truth And Tidings Gospel Trust U S A
- Assets
- $503.0k
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, MI
- Founding
- 06/1985
- Data as of
- 12/2021
- EIN
- 38-2559707
Organization Overview
Truth And Tidings Gospel Trust U S A, operating under the name Truth and Tiding Gospel Trust USA, is located in Canton, MI. The organization was established in 1985. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Truth and Tiding Gospel Trust USA 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 12/2021, Truth and Tiding Gospel Trust USA generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $5.9m during the year ending 12/2021. While expenses have increased by 5.0% 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.
Since 2020, Truth and Tiding Gospel Trust USA has awarded 50 individual grants totaling $1,656,176. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE SPREAD OF THE GOSPEL OF JESUS CHRIST IN MISSIONARY AND HOME FIELDS AS CARRIED ON BY ASSEMBLIES OF CHRISTIANS WHO GATHER TO THE NAME OF THE LORD JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF MISSIONS AND EVANGELISTIC ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Metcalf Vice President | OfficerTrustee | $0 | |
John Kregel Secretary | OfficerTrustee | $0 | |
Joseph Dennison Jr Treasurer | OfficerTrustee | 10 | $0 |
Philip Moore Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,982,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,982,742 |
| Total Program Service Revenue | $0 |
| Investment income | $42 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,982,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $653,800 |
| Grants and other assistance to domestic individuals. | $1,893,157 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,307,692 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,551 |
| Information technology | $920 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,862,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,803 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $180 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $502,983 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $494,158 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $494,158 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $8,825 |
| Total liabilities and net assets/fund balances | $502,983 |
Grants Awarded
Over the last fiscal year, Truth And Tidings Gospel Trust U S A has awarded $631,770 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BC ASSEMBLY OF CHRISTIANS PURPOSE: Humanitarian Relief Efforts | $150,295 |
PLYMOUTH BRETHREN GOSPEL HALL OF LONG BEACH PURPOSE: Church Repairs | $82,000 |
BRODHEAD GOSPEL HALL PURPOSE: Church Construction | $75,000 |
Marion, IA PURPOSE: Retirement Home Operations | $56,800 |
Livonia, MI PURPOSE: Church Operations | $49,880 |
Hatboro, PA PURPOSE: Church Operations | $48,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Truth And Tidings Gospel Trust U S A has recieved totaling $242,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $242,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |
National Church Residences Columbus, OH | $16,885,667 | $5,504,474 |
St Paul Center For Biblical Theology Steubenville, OH | $10,127,636 | $11,748,558 |
Truth And Tidings Gospel Trust U S A Canton, MI | $502,983 | $5,982,784 |