The Truth In The Spirit is located in Henrico, VA. The organization was established in 2001. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truth In The Spirit 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 In The Spirit generated $137.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $141.6k during the year ending 06/2022. While expenses have increased by 14.3% 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
COMMUNITY DEVELOPMENT, ADULT DAY CARE, CHILD & YOUTH SUMMER PROGRAM & FINANCIAL TRAINING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Markita Brooks President | 0 | $27,480 | |
Eric Carlson Board Member | 0 | $0 | |
Temese Willis Vice Preside | 0 | $0 | |
Rochelle Pailin Board Member | 0 | $0 | |
Jacinta Featherston Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30,000 |
| Salaries, other compensation, and employee benefits | $27,480 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $136 |
| Printing, publications, postage, and shipping | $444 |
| Other expenses | $81,279 |
| Total expenses | $141,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,754 |
| Other assets | $0 |
| Total assets | $2,754 |
| Total liabilities | $8,118 |
| Net assets or fund balances | -$5,364 |