Present Truth Ministries
EIN: 275053706 · Beaufort, SC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $203K |
| Total Expenses | $201K |
| Net Assets | $51K |
Is Present Truth Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Present Truth Ministries
Present Truth Ministries (EIN: 275053706) is a nonprofit organization based in Beaufort, SC, classified under NTEE code X20. The organization reported total revenue of $203K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Present Truth Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Present Truth Ministries is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $201K |
| Surplus / Deficit | +$2K |
| Total Assets | $53K |
| Total Liabilities | $2K |
| Net Assets | $51K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2018, Present Truth Ministries reported a surplus of $2K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Present Truth Ministries's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -2.5% | +0.9% | +243.9% |
| 2017 | -8.4% | -15.6% | +1089.6% |
| 2016 | +13.8% | +20.1% | -62.4% |
| 2015 | +13.8% | +5.2% | +445.1% |
| 2014 | +34.7% | +58.4% | -94.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Present Truth Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Present Truth Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Present Truth Ministries
Is Present Truth Ministries a legitimate charity?
Present Truth Ministries (EIN: 275053706) is a registered tax-exempt nonprofit based in South Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $203K. No red flags identified. Financial health grade: A.
How does Present Truth Ministries spend its money?
Present Truth Ministries reported $203K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Present Truth Ministries tax-deductible?
Present Truth Ministries is registered as a tax-exempt nonprofit (EIN: 275053706). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Present Truth Ministries located?
Present Truth Ministries is headquartered in Beaufort, South Carolina and files with the IRS under EIN 275053706. It is classified under NTEE code X20.
How many years of IRS 990 filings does Present Truth Ministries have?
Present Truth Ministries has 8 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 $203K in total revenue.
Filing History
IRS 990 filing history for Present Truth Ministries showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Present Truth Ministries's revenue has grown by 248.3%, moving from $58K to $203K. Total assets increased by 4265.1% over the same period, from $1K to $53K. Total functional expenses rose by 235.9%, from $60K to $201K. In its most recent filing year (2018), Present Truth Ministries reported a surplus of $2K, with revenue exceeding expenses. The organization holds $2K in liabilities against $53K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $203K | $201K | $53K | $2K | — | View 990 |
| 2017 | $208K | $199K | $15K | $7K | — | View 990 |
| 2016 | $227K | $236K | $1K | $7K | — | View 990 |
| 2015 | $199K | $196K | $3K | $0 | — | View 990 |
| 2014 | $175K | $187K | $630 | $0 | — | — |
| 2013 | $130K | $118K | $12K | $0 | — | — |
| 2012 | $53K | $54K | $225 | $0 | — | — |
| 2011 | $58K | $60K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $203K, expenses of $201K, and assets of $53K (revenue -2.5% year-over-year).
- 2017: Revenue of $208K, expenses of $199K, and assets of $15K (revenue -8.4% year-over-year).
- 2016: Revenue of $227K, expenses of $236K, and assets of $1K (revenue +13.8% year-over-year).
- 2015: Revenue of $199K, expenses of $196K, and assets of $3K (revenue +13.8% year-over-year).
- 2014: Revenue of $175K, expenses of $187K, and assets of $630 (revenue +34.7% year-over-year).
- 2013: Revenue of $130K, expenses of $118K, and assets of $12K (revenue +147.0% year-over-year).
- 2012: Revenue of $53K, expenses of $54K, and assets of $225 (revenue -9.6% year-over-year).
- 2011: Revenue of $58K, expenses of $60K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Present Truth Ministries:
Data Sources and Methodology
This transparency report for Present Truth Ministries 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.