Truth Trackers Inc
EIN: 261955528 · Greenville, SC · NTEE: X200
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $81K |
| Net Assets | $35K |
Is Truth Trackers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Truth Trackers Inc
Truth Trackers Inc (EIN: 261955528) is a nonprofit organization based in Greenville, SC, classified under NTEE code X200. The organization reported total revenue of $134K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Truth Trackers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Truth Trackers Inc is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $81K |
| Surplus / Deficit | $-11,706 |
| Total Assets | $37K |
| Total Liabilities | $3K |
| Net Assets | $35K |
| Operating Margin | -17.0% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, Truth Trackers Inc reported a deficit of $12K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Truth Trackers Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.1% | +178.8% | -20.4% |
| 2022 | +35.2% | -31.8% | +79.7% |
| 2021 | -23.0% | -20.4% | -18.7% |
| 2020 | -33.7% | -41.4% | -5.7% |
| 2019 | +113.1% | +130.0% | -35.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Truth Trackers Inc 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 Trackers Inc 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Frequently Asked Questions about Truth Trackers Inc
Is Truth Trackers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Truth Trackers Inc (EIN: 261955528) insufficient data. 0 red flags identified, 0 strengths noted.
How does Truth Trackers Inc spend its money?
Detailed spending breakdown data is not yet available for Truth Trackers Inc. Check back for updated IRS 990 analysis.
Are donations to Truth Trackers Inc tax-deductible?
Truth Trackers Inc is registered as a tax-exempt nonprofit (EIN: 261955528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Truth Trackers Inc located?
Truth Trackers Inc is headquartered in Greenville, South Carolina and files with the IRS under EIN 261955528. It is classified under NTEE code X200.
How many years of IRS 990 filings does Truth Trackers Inc have?
Truth Trackers Inc has 11 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 $134K in total revenue.
Filing History
IRS 990 filing history for Truth Trackers Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Truth Trackers Inc's revenue has grown by 299.1%, moving from $17K to $69K. Total assets decreased by 8.8% over the same period, from $41K to $37K. Total functional expenses rose by 572.6%, from $12K to $81K. In its most recent filing year (2023), Truth Trackers Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $3K in liabilities against $37K in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $81K | $37K | $3K | — | — |
| 2022 | $49K | $29K | $47K | $550 | — | View 990 |
| 2021 | $36K | $42K | $26K | $20 | — | — |
| 2020 | $47K | $53K | $32K | $37 | — | — |
| 2019 | $71K | $91K | $34K | $951 | — | View 990 |
| 2018 | $33K | $39K | $53K | $352 | — | View 990 |
| 2016 | $41K | $12K | $61K | $0 | — | View 990 |
| 2015 | $26K | $11K | $32K | $0 | — | View 990 |
| 2014 | $12K | $25K | $17K | $0 | — | View 990 |
| 2012 | $-1,918 | $0 | $27K | $0 | — | View 990 |
| 2011 | $17K | $12K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $81K, and assets of $37K (revenue +40.1% year-over-year).
- 2022: Revenue of $49K, expenses of $29K, and assets of $47K (revenue +35.2% year-over-year).
- 2021: Revenue of $36K, expenses of $42K, and assets of $26K (revenue -23.0% year-over-year).
- 2020: Revenue of $47K, expenses of $53K, and assets of $32K (revenue -33.7% year-over-year).
- 2019: Revenue of $71K, expenses of $91K, and assets of $34K (revenue +113.1% year-over-year).
- 2018: Revenue of $33K, expenses of $39K, and assets of $53K (revenue -18.5% year-over-year).
- 2016: Revenue of $41K, expenses of $12K, and assets of $61K (revenue +55.6% year-over-year).
- 2015: Revenue of $26K, expenses of $11K, and assets of $32K (revenue +128.2% year-over-year).
- 2014: Revenue of $12K, expenses of $25K, and assets of $17K.
- 2012: Revenue of $-1,918, expenses of $0, and assets of $27K (revenue -111.1% year-over-year).
- 2011: Revenue of $17K, expenses of $12K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Truth Trackers Inc:
Data Sources and Methodology
This transparency report for Truth Trackers 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.