Truth In Love Ministry Corp
EIN: 331100373 · Nampa, ID · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $871K |
| Total Expenses | $936K |
| Net Assets | $228K |
Is Truth In Love Ministry Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Truth In Love Ministry Corp
Truth In Love Ministry Corp (EIN: 331100373) is a nonprofit organization based in Nampa, ID, classified under NTEE code X20. The organization reported total revenue of $871K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Truth In Love Ministry Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Truth In Love Ministry Corp is a small nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $800K |
| Total Expenses | $936K |
| Surplus / Deficit | $-136,511 |
| Total Assets | $978K |
| Total Liabilities | $750K |
| Net Assets | $228K |
| Operating Margin | -17.1% |
| Debt-to-Asset Ratio | 76.7% |
| Months of Reserves | 12.5 months |
Financial Health Grade: C
In 2023, Truth In Love Ministry Corp reported a deficit of $137K with expenses exceeding revenue, holds 12.5 months of operating reserves (strong position), has a debt-to-asset ratio of 76.7% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), Truth In Love Ministry Corp's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.0% | +12.1% | -2.7% |
| 2022 | -4.5% | +8.4% | +45.0% |
| 2021 | +24.0% | +5.5% | +15.3% |
| 2020 | +17.9% | +20.2% | +9.0% |
| 2019 | -8.0% | +9.7% | +95.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Truth In Love Ministry Corp 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 Truth In Love Ministry Corp 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $137K, with expenses exceeding revenue.
- Debt-to-asset ratio: 76.7%.
Frequently Asked Questions about Truth In Love Ministry Corp
Is Truth In Love Ministry Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Truth In Love Ministry Corp (EIN: 331100373) insufficient data. 0 red flags identified, 0 strengths noted.
How does Truth In Love Ministry Corp spend its money?
Detailed spending breakdown data is not yet available for Truth In Love Ministry Corp. Check back for updated IRS 990 analysis.
Are donations to Truth In Love Ministry Corp tax-deductible?
Truth In Love Ministry Corp is registered as a tax-exempt nonprofit (EIN: 331100373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Truth In Love Ministry Corp located?
Truth In Love Ministry Corp is headquartered in Nampa, Idaho and files with the IRS under EIN 331100373. It is classified under NTEE code X20.
How many years of IRS 990 filings does Truth In Love Ministry Corp have?
Truth In Love Ministry Corp 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 $871K in total revenue.
Filing History
IRS 990 filing history for Truth In Love Ministry Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Truth In Love Ministry Corp's revenue has grown by 193.1%, moving from $273K to $800K. Total assets increased by 4183% over the same period, from $23K to $978K. Total functional expenses rose by 237.7%, from $277K to $936K. In its most recent filing year (2023), Truth In Love Ministry Corp reported a deficit of $137K, with expenses exceeding revenue. The organization holds $750K in liabilities against $978K in assets (debt-to-asset ratio: 76.7%), resulting in net assets of $228K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $800K | $936K | $978K | $750K | — | View 990 |
| 2022 | $879K | $836K | $1.0M | $640K | — | View 990 |
| 2021 | $920K | $771K | $693K | $372K | — | View 990 |
| 2020 | $742K | $731K | $601K | $430K | — | View 990 |
| 2019 | $630K | $608K | $552K | $392K | — | View 990 |
| 2018 | $684K | $554K | $283K | $145K | — | View 990 |
| 2017 | $432K | $393K | $164K | $156K | — | View 990 |
| 2016 | $380K | $436K | $108K | $139K | — | View 990 |
| 2015 | $120K | $106K | $141K | $115K | — | View 990 |
| 2015 | $313K | $334K | $126K | $114K | — | View 990 |
| 2014 | $339K | $378K | $137K | $104K | — | View 990 |
| 2013 | $379K | $300K | $125K | $53K | — | View 990 |
| 2012 | $273K | $277K | $23K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $800K, expenses of $936K, and assets of $978K (revenue -9.0% year-over-year).
- 2022: Revenue of $879K, expenses of $836K, and assets of $1.0M (revenue -4.5% year-over-year).
- 2021: Revenue of $920K, expenses of $771K, and assets of $693K (revenue +24.0% year-over-year).
- 2020: Revenue of $742K, expenses of $731K, and assets of $601K (revenue +17.9% year-over-year).
- 2019: Revenue of $630K, expenses of $608K, and assets of $552K (revenue -8.0% year-over-year).
- 2018: Revenue of $684K, expenses of $554K, and assets of $283K (revenue +58.4% year-over-year).
- 2017: Revenue of $432K, expenses of $393K, and assets of $164K (revenue +13.8% year-over-year).
- 2016: Revenue of $380K, expenses of $436K, and assets of $108K (revenue +216.2% year-over-year).
- 2015: Revenue of $120K, expenses of $106K, and assets of $141K (revenue -61.7% year-over-year).
- 2015: Revenue of $313K, expenses of $334K, and assets of $126K (revenue -7.6% year-over-year).
- 2014: Revenue of $339K, expenses of $378K, and assets of $137K (revenue -10.5% year-over-year).
- 2013: Revenue of $379K, expenses of $300K, and assets of $125K (revenue +38.8% year-over-year).
- 2012: Revenue of $273K, expenses of $277K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Truth In Love Ministry Corp:
Data Sources and Methodology
This transparency report for Truth In Love Ministry Corp 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.