Proclaiming The Truth Inc
- Assets
- $412.4k
- Revenue
- $245.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Broomfield, CO
- Founding
- 03/1957
- Data as of
- 12/2021
- EIN
- 84-0645760
Organization Overview
Proclaiming The Truth Inc is located in Broomfield, CO. The organization was established in 1957. 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. As of 12/2021, Proclaiming The Truth Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proclaiming The Truth 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, Proclaiming The Truth Inc generated $245.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $288.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT MINISTERS, EVANGELISTS AND STAFF FOR MINISTERING IN SUMMER CRUSADES IN SEVERAL STATES AND FOREIGN COUNTRIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING MINISTRY AND TRAVEL EXPENSES INCURRED WHILE RECRUITING EVANGELISTS AND SUPPORTING THE RALLIES THAT ARE CONDUCTED.
SALARIES AND BENEFITS PAID TO EVANGELISTS AND STAFF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Poss Vice President | OfficerTrustee | 2 | $0 |
David Oliver President | OfficerTrustee | 2 | $0 |
Janice Maddock Secretary Treasurer | Officer | 8 | $0 |
Ron Plott Board Member | Trustee | 1 | $0 |
Dennis Leatherman Board Member | Trustee | 1 | $0 |
Mike Moreau Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,125 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,594 |
| Total Program Service Revenue | $97,780 |
| Investment income | $29,371 |
| 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 | $245,745 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $89,190 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,650 |
| Payroll taxes | $2,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| 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 | $5,146 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,117 |
| Travel | $4,646 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,916 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,274 |
| All other expenses | $9,507 |
| Total functional expenses | $288,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,880 |
| Savings and temporary cash investments | $9,833 |
| 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 | $0 |
| Investments—publicly traded securities | $384,682 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $412,395 |
| Accounts payable and accrued expenses | $1,404 |
| Grants payable | $0 |
| 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 | $1,404 |
| 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 | $410,991 |
| Total liabilities and net assets/fund balances | $412,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Proclaiming The Truth Inc has recieved totaling $9,783.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $9,783 |
Peer Organizations
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|---|---|---|
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New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Southern Oklahoma Memorial Foundation Inc Ardmore, OK | $106,106,910 | $11,493,167 |
Catholic Social Services Lincoln, NE | $3,827,317 | $5,568,585 |
Promise Keepers Colorado Springs, CO | $314,391 | $4,644,365 |
Mesa Valley Community School Grand Junction, CO | $4,974,586 | $4,247,839 |
Back To The Bible Lincoln, NE | $5,584,724 | $3,983,560 |
Tao Fellowship Sedona, AZ | $19,067,372 | $2,706,388 |
Emissaries Of Divine Light Loveland, CO | $13,649,759 | $2,104,017 |
Marian Park Inc Denver, CO | $5,363,170 | $3,104,809 |
Rocky Mountain Youth Corps Ranchos De Taos, NM | $2,570,057 | $3,220,479 |
Chiniligi Alchini Idahoolaa Inc Chinle, AZ | $4,815,260 | $2,616,117 |