Innovative Truth
Innovative Truth maintains stable finances with no executive compensation, consistently reporting zero liabilities.
EIN: 215731463 · Pocola, OK · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $66K |
| Program Spending | 85% |
| Net Assets | $51K |
| Transparency Score | 85/100 |
Is Innovative Truth Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Innovative Truth directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Innovative Truth
Innovative Truth (EIN: 215731463) is a nonprofit organization based in Pocola, OK, classified under NTEE code X21. The organization reported total revenue of $79K and total assets of $59K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Innovative Truth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Innovative Truth is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $66K |
| Surplus / Deficit | +$3K |
| Total Assets | $51K |
| Net Assets | $51K |
| Operating Margin | 5.0% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Innovative Truth reported a surplus of $3K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Innovative Truth's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | +0.2% | +7.3% |
| 2022 | -17.5% | -7.3% | +6.5% |
| 2021 | +16.8% | -9.9% | +37.9% |
| 2020 | -5.3% | +4.3% | -18.8% |
| 2019 | -17.1% | +7.6% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Innovative Truth 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, Innovative Truth 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 $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Innovative Truth consistently reports 0% officer compensation across all 13 available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of any size and suggests a volunteer-led or extremely lean operational structure.
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 Innovative Truth's IRS 990 filings:
- Small scale and limited revenue may restrict program impact
- Lack of detailed program spending breakdown in public data makes precise efficiency analysis challenging
Strengths
The following positive indicators were identified for Innovative Truth:
- Consistent reporting of 0% officer compensation, indicating strong mission focus
- Zero reported liabilities across all recent filings, demonstrating financial health
- Consistent positive asset growth in recent years, from -$17,083 in 2015 to $50,985 in 2023
- Regular IRS 990 filings over 13 periods, showing commitment to transparency and compliance
- Expenses generally track closely to revenue, indicating responsible financial management
Frequently Asked Questions about Innovative Truth
Is Innovative Truth a legitimate charity?
Innovative Truth (EIN: 215731463) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $79K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Innovative Truth spend its money?
Innovative Truth directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Innovative Truth tax-deductible?
Innovative Truth is registered as a tax-exempt nonprofit (EIN: 215731463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Innovative Truth's spending goes to programs?
Innovative Truth directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Innovative Truth compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Innovative Truth 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 Innovative Truth located?
Innovative Truth is headquartered in Pocola, Oklahoma and files with the IRS under EIN 215731463. It is classified under NTEE code X21.
How many years of IRS 990 filings does Innovative Truth have?
Innovative Truth has 13 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 $79K in total revenue.
Is Innovative Truth a good charity?
Based on the provided data, Innovative Truth appears to be a financially stable organization with a strong commitment to transparency, evidenced by its consistent IRS 990 filings and zero reported officer compensation. Its lack of liabilities and positive asset growth are also positive indicators.
How does Innovative Truth manage its finances?
Innovative Truth manages its finances prudently, consistently keeping expenses close to revenue and maintaining zero liabilities. The organization has grown its assets from negative values in 2015 to over $50,000 in 2023, demonstrating effective financial stewardship.
What is Innovative Truth's approach to executive compensation?
Innovative Truth has a highly unusual approach to executive compensation, reporting 0% officer compensation in every filing. This suggests a volunteer-driven leadership or a structure where executives are not compensated, which is a strong indicator of mission focus.
Filing History
IRS 990 filing history for Innovative Truth showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Innovative Truth's revenue has grown by 135.4%, moving from $29K to $69K. Total assets increased by 105.1% over the same period, from $25K to $51K. Total functional expenses rose by 1340.9%, from $5K to $66K. In its most recent filing year (2023), Innovative Truth reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $66K | $51K | $0 | — | — |
| 2022 | $69K | $66K | $48K | $0 | — | View 990 |
| 2021 | $83K | $71K | $45K | $0 | — | — |
| 2020 | $71K | $79K | $32K | $0 | — | — |
| 2019 | $75K | $75K | $40K | $0 | — | View 990 |
| 2018 | $91K | $70K | $40K | $0 | — | View 990 |
| 2017 | $53K | $41K | $20K | $0 | — | View 990 |
| 2016 | $38K | $51K | $8K | $0 | — | View 990 |
| 2015 | $9K | $26K | $-17,083 | $0 | — | View 990 |
| 2014 | $76K | $80K | $16K | $90 | — | View 990 |
| 2013 | $60K | $61K | $21K | $199 | — | View 990 |
| 2012 | $71K | $73K | $23K | $0 | — | View 990 |
| 2011 | $29K | $5K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $66K, and assets of $51K (revenue +1.0% year-over-year).
- 2022: Revenue of $69K, expenses of $66K, and assets of $48K (revenue -17.5% year-over-year).
- 2021: Revenue of $83K, expenses of $71K, and assets of $45K (revenue +16.8% year-over-year).
- 2020: Revenue of $71K, expenses of $79K, and assets of $32K (revenue -5.3% year-over-year).
- 2019: Revenue of $75K, expenses of $75K, and assets of $40K (revenue -17.1% year-over-year).
- 2018: Revenue of $91K, expenses of $70K, and assets of $40K (revenue +69.9% year-over-year).
- 2017: Revenue of $53K, expenses of $41K, and assets of $20K (revenue +38.7% year-over-year).
- 2016: Revenue of $38K, expenses of $51K, and assets of $8K (revenue +337.8% year-over-year).
- 2015: Revenue of $9K, expenses of $26K, and assets of $-17,083 (revenue -88.5% year-over-year).
- 2014: Revenue of $76K, expenses of $80K, and assets of $16K (revenue +26.7% year-over-year).
- 2013: Revenue of $60K, expenses of $61K, and assets of $21K (revenue -14.9% year-over-year).
- 2012: Revenue of $71K, expenses of $73K, and assets of $23K (revenue +140.8% year-over-year).
- 2011: Revenue of $29K, expenses of $5K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Innovative Truth:
Data Sources and Methodology
This transparency report for Innovative Truth 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.