American Congress For Truth Inc
American Congress For Truth Inc maintains stable finances with growing assets and no reported officer compensation.
EIN: 20711284 · Virginia Bch, VA · NTEE: Q20 · Updated: 2026-03-28
Is American Congress For Truth Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Congress For Truth Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Congress For Truth Inc
American Congress For Truth Inc (EIN: 20711284) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code Q20. The organization reported total revenue of $1.8M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Congress For Truth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Congress For Truth Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$344K |
| Total Assets | $3.2M |
| Total Liabilities | $152K |
| Net Assets | $3.1M |
| Operating Margin | 20.9% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 29.7 months |
Financial Health Grade: A
In 2023, American Congress For Truth Inc reported a surplus of $344K with revenue exceeding expenses, holds 29.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Congress For Truth Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -14.3% | +11.1% |
| 2022 | -4.1% | +2.3% | +0.2% |
| 2021 | -46.0% | -5.0% | +17.2% |
| 2020 | +59.5% | -10.3% | +119.9% |
| 2019 | +1.7% | -25.2% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Congress For Truth Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, American Congress For Truth Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $344K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer-led executive team or that executive compensation is structured in a way not reported as officer compensation on the 990, which is highly unusual and suggests strong fiscal discipline regarding executive pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Congress For Truth Inc's IRS 990 filings:
- Occasional operational deficits in past years (e.g., 2018, 2015) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for American Congress For Truth Inc:
- Consistent reporting of 0% officer compensation, indicating strong fiscal discipline or volunteer leadership.
- Significant and consistent growth in net assets over the past decade, from $990,485 in 2014 to $3,221,704 in 2023.
- Generally stable and substantial revenue streams, averaging around $1.8 million annually.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating good regulatory compliance and transparency.
- Positive net income in recent years (2021-2023), contributing to asset growth.
Frequently Asked Questions about American Congress For Truth Inc
Is American Congress For Truth Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Congress For Truth Inc (EIN: 20711284) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does American Congress For Truth Inc spend its money?
American Congress For Truth Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Congress For Truth Inc tax-deductible?
American Congress For Truth Inc is registered as a tax-exempt nonprofit (EIN: 20711284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Congress For Truth Inc a good charity?
Based on the available financial data, the organization appears to be financially stable with growing assets and a strong commitment to not reporting officer compensation, which are positive indicators. However, a full assessment would require a detailed breakdown of program spending versus administrative and fundraising costs, which is not explicitly provided in the summary data.
How has the organization's revenue trended over the past decade?
Revenue has fluctuated but generally remained strong, averaging around $1.8 million annually. It peaked at $3,063,760 in 2020 and was $1,646,679 in 2023, showing consistent ability to attract funding.
What is the organization's asset growth like?
The organization has shown significant asset growth, increasing from $990,485 in 2014 to $3,221,704 in 2023, indicating effective financial management and accumulation of resources.
Are there any concerns about executive compensation?
No, quite the opposite. The organization consistently reports 0% officer compensation, which is a very positive sign for donor trust and efficient use of funds, suggesting either volunteer leadership or very low executive pay not categorized as officer compensation.
Did the organization operate at a deficit in any recent years?
Yes, the organization experienced operational deficits in some years, such as 2018 (expenses $2,333,651 vs. revenue $1,889,151) and 2015 (expenses $1,577,424 vs. revenue $1,156,974). However, recent years (2021-2023) show surpluses.
Filing History
IRS 990 filing history for American Congress For Truth Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Congress For Truth Inc's revenue has grown by 171.2%, moving from $607K to $1.6M. Total assets increased by 206.9% over the same period, from $1.0M to $3.2M. Total functional expenses rose by 163%, from $495K to $1.3M. In its most recent filing year (2023), American Congress For Truth Inc reported a surplus of $344K, with revenue exceeding expenses. The organization holds $152K in liabilities against $3.2M in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.3M | $3.2M | $152K | — | View 990 |
| 2022 | $1.6M | $1.5M | $2.9M | $192K | — | — |
| 2021 | $1.7M | $1.5M | $2.9M | $40K | — | View 990 |
| 2020 | $3.1M | $1.6M | $2.5M | $-201,791 | — | View 990 |
| 2019 | $1.9M | $1.7M | $1.1M | $-15,155 | — | View 990 |
| 2018 | $1.9M | $2.3M | $1.1M | $227K | — | View 990 |
| 2017 | $2.8M | $2.1M | $1.7M | $311K | — | View 990 |
| 2016 | $1.9M | $1.8M | $1.2M | $549K | — | View 990 |
| 2015 | $1.2M | $1.6M | $1.2M | $604K | — | View 990 |
| 2014 | $1.1M | $1.4M | $990K | $308K | — | View 990 |
| 2013 | $923K | $753K | $1.6M | $246K | — | View 990 |
| 2012 | $628K | $514K | $1.2M | $24K | — | View 990 |
| 2011 | $607K | $495K | $1.0M | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.3M, and assets of $3.2M (revenue +3.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $2.9M (revenue -4.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $2.9M (revenue -46.0% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.6M, and assets of $2.5M (revenue +59.5% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $1.1M (revenue +1.7% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.3M, and assets of $1.1M (revenue -32.7% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.1M, and assets of $1.7M (revenue +45.3% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.8M, and assets of $1.2M (revenue +67.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.6M, and assets of $1.2M (revenue +1.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.4M, and assets of $990K (revenue +23.3% year-over-year).
- 2013: Revenue of $923K, expenses of $753K, and assets of $1.6M (revenue +47.1% year-over-year).
- 2012: Revenue of $628K, expenses of $514K, and assets of $1.2M (revenue +3.4% year-over-year).
- 2011: Revenue of $607K, expenses of $495K, and assets of $1.0M.
Data Sources and Methodology
This transparency report for American Congress For Truth Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.