Know The Truth International Ministries Inc
Know The Truth International Ministries Inc maintains a debt-free operation with growing assets and no reported officer compensation.
EIN: 201797352 · Burke, VA · NTEE: X20 · Updated: 2026-03-28
Is Know The Truth International Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Know The Truth International Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Know The Truth International Ministries Inc
Know The Truth International Ministries Inc (EIN: 201797352) is a nonprofit organization based in Burke, VA, classified under NTEE code X20. The organization reported total revenue of $284K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Know The Truth International Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Know The Truth International Ministries Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $239K |
| Surplus / Deficit | +$9K |
| Total Assets | $157K |
| Net Assets | $157K |
| Operating Margin | 3.7% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Know The Truth International Ministries Inc reported a surplus of $9K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Know The Truth International Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +129.9% | +166.8% | +6.1% |
| 2022 | +111.6% | +11.8% | -7.0% |
| 2021 | -79.7% | -20.7% | -15.5% |
| 2020 | +16.8% | -49.8% | +389.4% |
| 2019 | -8.9% | -18.1% | +55.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
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 Know The Truth International Ministries 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, Know The Truth International Ministries 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 $9K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with revenues exceeding $200,000 in several years.
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 Know The Truth International Ministries Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting granular efficiency analysis.
- Unusually consistent 0% officer compensation for an organization with significant revenue, which might warrant further inquiry into how leadership is sustained.
Strengths
The following positive indicators were identified for Know The Truth International Ministries Inc:
- Consistently reports 0% officer compensation, indicating a highly lean or volunteer-driven leadership structure.
- Maintains zero liabilities across all reported periods, demonstrating strong financial solvency and no debt.
- Demonstrates asset growth over time, from $14,869 in 2016 to $157,481 in 2023, indicating financial stability.
- Consistent filing of IRS Form 990s over 13 periods, showing commitment to regulatory compliance and transparency.
Frequently Asked Questions about Know The Truth International Ministries Inc
Is Know The Truth International Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Know The Truth International Ministries Inc (EIN: 201797352) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Know The Truth International Ministries Inc spend its money?
Know The Truth International Ministries Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Know The Truth International Ministries Inc tax-deductible?
Know The Truth International Ministries Inc is registered as a tax-exempt nonprofit (EIN: 201797352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Know The Truth International Ministries Inc manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, suggesting a volunteer-led executive team or that compensation is structured in a way not reported as officer compensation on the 990. This is a significant factor in their financial model.
What are the specific program activities that Know The Truth International Ministries Inc funds?
The provided IRS 990 data does not detail specific program activities. To understand their mission impact, one would need to review their mission statement or program descriptions, typically found on their website or in their full 990 filing.
What caused the significant increase in assets from $38,566 in 2019 to $188,736 in 2020?
The IRS 990 data shows a substantial increase in assets during this period, likely due to a significant surplus of revenue over expenses ($251,374 revenue vs. $101,204 expenses in 2020), allowing for asset accumulation.
Does the organization have a reserve policy given its fluctuating revenues and expenses?
While the organization has accumulated assets, reaching $157,481 in 2023, the provided data does not specify if these assets are part of a formal reserve policy. The growth in assets does suggest a capacity to weather financial fluctuations.
Filing History
IRS 990 filing history for Know The Truth International Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Know The Truth International Ministries Inc's revenue has grown by 18.8%, moving from $209K to $248K. Total assets increased by 625.4% over the same period, from $22K to $157K. Total functional expenses rose by 14.3%, from $209K to $239K. In its most recent filing year (2023), Know The Truth International Ministries Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $239K | $157K | $0 | — | — |
| 2022 | $108K | $90K | $148K | $0 | — | View 990 |
| 2021 | $51K | $80K | $160K | $0 | — | — |
| 2020 | $251K | $101K | $189K | $0 | — | View 990 |
| 2019 | $215K | $202K | $39K | $0 | — | View 990 |
| 2018 | $236K | $246K | $25K | $0 | — | View 990 |
| 2017 | $214K | $203K | $31K | $0 | — | View 990 |
| 2016 | $218K | $263K | $15K | $0 | — | View 990 |
| 2015 | $165K | $169K | $21K | $0 | — | View 990 |
| 2014 | $235K | $217K | $26K | $0 | — | View 990 |
| 2013 | $200K | $203K | $8K | $0 | — | View 990 |
| 2012 | $185K | $197K | $10K | $0 | — | View 990 |
| 2011 | $209K | $209K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $239K, and assets of $157K (revenue +129.9% year-over-year).
- 2022: Revenue of $108K, expenses of $90K, and assets of $148K (revenue +111.6% year-over-year).
- 2021: Revenue of $51K, expenses of $80K, and assets of $160K (revenue -79.7% year-over-year).
- 2020: Revenue of $251K, expenses of $101K, and assets of $189K (revenue +16.8% year-over-year).
- 2019: Revenue of $215K, expenses of $202K, and assets of $39K (revenue -8.9% year-over-year).
- 2018: Revenue of $236K, expenses of $246K, and assets of $25K (revenue +10.3% year-over-year).
- 2017: Revenue of $214K, expenses of $203K, and assets of $31K (revenue -1.5% year-over-year).
- 2016: Revenue of $218K, expenses of $263K, and assets of $15K (revenue +32.1% year-over-year).
- 2015: Revenue of $165K, expenses of $169K, and assets of $21K (revenue -29.8% year-over-year).
- 2014: Revenue of $235K, expenses of $217K, and assets of $26K (revenue +17.0% year-over-year).
- 2013: Revenue of $200K, expenses of $203K, and assets of $8K (revenue +8.1% year-over-year).
- 2012: Revenue of $185K, expenses of $197K, and assets of $10K (revenue -11.3% year-over-year).
- 2011: Revenue of $209K, expenses of $209K, and assets of $22K.
Data Sources and Methodology
This transparency report for Know The Truth International Ministries 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.