Legacy Of Truth Ministries Inc
- Assets
- $101.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 58-2351598
Organization Overview
Legacy Of Truth Ministries Inc is located in Duluth, GA. The organization was established in 1998. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Legacy Of Truth Ministries 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 12/2021, Legacy Of Truth Ministries Inc generated $123.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $117.4k during the year ending 12/2021. While expenses have increased by 1.9% 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
2021
Describe the Organization's Program Activity:
Part 3
CREATED TRAINING MATERIALS AND COURSE CURRICULUM. CONDUCTED TRAINING SEMINARS EVERY OTHER WEEK DIRECTLY RELATED TO THE ORGANIZATION'S PRIMARY TAX EXEMPT PURPOSE. IDENTIFIED AND TRAINED MENTORS AND ADDITIONAL TRAINERS ON AN ONGOING BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter B Bocchino President | 40 | $91,560 | |
Merrill Oakes Director | 1 | $0 | |
Kevin M Powell Treasurer | 4 | $0 | |
Joseph M Mellichamp Director | 1 | $0 | |
Edward E Baker Chairman | 2 | $0 | |
Charles Heydt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,530 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $272 |
| Total Revenue | $123,809 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $105,950 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $425 |
| Other expenses | $9,070 |
| Total expenses | $117,445 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,809 |
| Other assets | $0 |
| Total assets | $101,809 |
| Total liabilities | $521 |
| Net assets or fund balances | $101,288 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Legacy Of Truth Ministries Inc has recieved totaling $12,850.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $12,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christ For All Nations Orlando, FL | $10,548,183 | $19,908,436 |
Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
United Against Poverty Inc Vero Beach, FL | $21,479,964 | $11,068,487 |
Impact 360 Institute Inc Atlanta, GA | $4,530,260 | $9,934,364 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Campus Outreach Serve Inc Hoover, AL | $4,070,578 | $8,268,154 |
Intend Ministries Murfreesboro, TN | $2,990,387 | $7,592,867 |
Third Millennium Ministries Inc Casselberry, FL | $8,248,500 | $7,349,091 |
Suncoast Haven Of Rest Rescue Mission Inc Pinellas Park, FL | $540,922 | $5,432,743 |