Grace And Truth Fellowship Church Inc
Grace And Truth Fellowship Church Inc consistently operates with zero liabilities and no officer compensation, showing steady asset growth.
EIN: 10946290 · Clarksville, IN · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $118K |
| Program Spending | 85% |
| Net Assets | $207K |
| Transparency Score | 85/100 |
Is Grace And Truth Fellowship Church Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grace And Truth Fellowship Church Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grace And Truth Fellowship Church Inc
Grace And Truth Fellowship Church Inc (EIN: 10946290) is a nonprofit organization based in Clarksville, IN, classified under NTEE code X21. The organization reported total revenue of $198K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace And Truth Fellowship Church Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace And Truth Fellowship Church Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $118K |
| Surplus / Deficit | +$71K |
| Total Assets | $207K |
| Net Assets | $207K |
| Operating Margin | 37.6% |
| Months of Reserves | 21.0 months |
Financial Health Grade: A
In 2023, Grace And Truth Fellowship Church Inc reported a surplus of $71K with revenue exceeding expenses, holds 21.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Grace And Truth Fellowship Church Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | -58.4% | +52.6% |
| 2022 | +4.6% | +194.4% | -43.7% |
| 2021 | +4.3% | -13.4% | +59.1% |
| 2020 | +2.6% | +3.1% | +53.6% |
| 2019 | +13.4% | -50.3% | +111.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2012 |
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 Grace And Truth Fellowship Church 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: 85%
- fundraising: 5%
According to IRS 990 filings, Grace And Truth Fellowship Church Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $71K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure or that compensation is not paid to officers, which is highly efficient for a nonprofit of its size.
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 Grace And Truth Fellowship Church Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency analysis difficult.
- Significant expense exceeding revenue in 2022 ($283,779 expenses vs. $178,850 revenue) without clear explanation.
Strengths
The following positive indicators were identified for Grace And Truth Fellowship Church Inc:
- Consistent reporting of zero liabilities, indicating strong financial solvency.
- Zero officer compensation across all filings, demonstrating highly efficient leadership costs.
- Steady asset growth over recent years, from $46,527 in 2018 to $206,572 in 2023.
- Revenue generally exceeds expenses, contributing to financial stability.
Frequently Asked Questions about Grace And Truth Fellowship Church Inc
Is Grace And Truth Fellowship Church Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace And Truth Fellowship Church Inc (EIN: 10946290) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Grace And Truth Fellowship Church Inc spend its money?
Grace And Truth Fellowship Church Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grace And Truth Fellowship Church Inc tax-deductible?
Grace And Truth Fellowship Church Inc is registered as a tax-exempt nonprofit (EIN: 10946290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grace And Truth Fellowship Church Inc's spending goes to programs?
Grace And Truth Fellowship Church Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grace And Truth Fellowship Church Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Grace And Truth Fellowship Church Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grace And Truth Fellowship Church Inc located?
Grace And Truth Fellowship Church Inc is headquartered in Clarksville, Indiana and files with the IRS under EIN 10946290. It is classified under NTEE code X21.
How many years of IRS 990 filings does Grace And Truth Fellowship Church Inc have?
Grace And Truth Fellowship Church Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $198K in total revenue.
What are the specific programs and activities Grace And Truth Fellowship Church Inc undertakes?
The provided IRS 990 data does not detail specific programs, but as an NTEE X21 (Religious Organization), its activities likely revolve around religious services, community outreach, and related charitable endeavors.
How does the organization manage to operate with 0% officer compensation?
Operating with 0% officer compensation suggests that leadership roles are either entirely volunteer-based or compensated through non-officer roles, which is a highly cost-effective model for a nonprofit of this size.
What caused the significant expense increase in 2022 ($283,779) compared to revenue ($178,850)?
The data shows a notable expense spike in 2022, exceeding revenue by over $100,000. This could indicate a major one-time investment, a significant program expansion, or an unusual operational cost that year, which was likely covered by accumulated assets.
Filing History
IRS 990 filing history for Grace And Truth Fellowship Church Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Grace And Truth Fellowship Church Inc's revenue has declined by 38.9%, moving from $310K to $189K. Total assets increased by 39.7% over the same period, from $148K to $207K. Total functional expenses fell by 27%, from $162K to $118K. In its most recent filing year (2023), Grace And Truth Fellowship Church Inc reported a surplus of $71K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $118K | $207K | $0 | — | View 990 |
| 2022 | $179K | $284K | $135K | $0 | — | View 990 |
| 2021 | $171K | $96K | $240K | $0 | — | View 990 |
| 2020 | $164K | $111K | $151K | $0 | — | — |
| 2019 | $160K | $108K | $98K | $0 | — | View 990 |
| 2018 | $141K | $217K | $47K | $0 | — | View 990 |
| 2017 | $146K | $130K | $488K | $609 | — | View 990 |
| 2016 | $133K | $96K | $472K | $0 | — | View 990 |
| 2015 | $145K | $72K | $435K | $0 | — | View 990 |
| 2014 | $139K | $93K | $432K | $70K | — | View 990 |
| 2012 | $198K | $77K | $273K | $5K | — | View 990 |
| 2011 | $310K | $162K | $148K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $118K, and assets of $207K (revenue +5.8% year-over-year).
- 2022: Revenue of $179K, expenses of $284K, and assets of $135K (revenue +4.6% year-over-year).
- 2021: Revenue of $171K, expenses of $96K, and assets of $240K (revenue +4.3% year-over-year).
- 2020: Revenue of $164K, expenses of $111K, and assets of $151K (revenue +2.6% year-over-year).
- 2019: Revenue of $160K, expenses of $108K, and assets of $98K (revenue +13.4% year-over-year).
- 2018: Revenue of $141K, expenses of $217K, and assets of $47K (revenue -3.5% year-over-year).
- 2017: Revenue of $146K, expenses of $130K, and assets of $488K (revenue +10.1% year-over-year).
- 2016: Revenue of $133K, expenses of $96K, and assets of $472K (revenue -8.6% year-over-year).
- 2015: Revenue of $145K, expenses of $72K, and assets of $435K (revenue +4.6% year-over-year).
- 2014: Revenue of $139K, expenses of $93K, and assets of $432K (revenue -29.7% year-over-year).
- 2012: Revenue of $198K, expenses of $77K, and assets of $273K (revenue -36.2% year-over-year).
- 2011: Revenue of $310K, expenses of $162K, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace And Truth Fellowship Church Inc:
Data Sources and Methodology
This transparency report for Grace And Truth Fellowship Church 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.