Living Truth Academy is located in Carlsbad, NM. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Living Truth Academy 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 05/2024, Living Truth Academy generated $80.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $77.0k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 3 years. 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
2024
Describe the Organization's Program Activity:
Part 3
TUTORS FACILITATE GROUP DIALOGUE IN THE SUBJECTS OF GEOGRAPHY, LATIN, ENGLISH, HISTORY AND MATH FOR HOMESCHOOL STUDENTS, K-12 GRADE, EQUIP PARENTS FOR FURTHER STUDY AT HOME. 64 STUDENTS AND 37 FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol Hurst President | 3 | $0 | |
Gentry Hughes Vice President | 0 | $0 | |
Brittany Ingram Director Of Foundations & Essentials | 10 | $7,006 | |
Delaina Van Soest Tresurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,222 |
Total Program Service Revenue | $0 |
Membership dues | $70,652 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,874 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $3,992 |
Salaries, other compensation, and employee benefits | $52,876 |
Professional fees and other payments to independent contractors | $19,909 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $241 |
Other expenses | $0 |
Total expenses | $77,018 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,250 |
Other assets | $0 |
Total assets | $17,250 |
Total liabilities | $0 |
Net assets or fund balances | $17,250 |