Truth Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 82,555 | 84,201 | −1,646 | 0.9 | — |
| 2013 | 96,879 | 93,222 | 3,657 | 1.2 | — |
| 2014 | 99,961 | 92,351 | 7,610 | 2.2 | — |
| 2015 | 128,605 | 100,350 | 28,255 | 5.4 | — |
| 2016 | 111,904 | 124,534 | −12,630 | 3.2 | — |
| 2017 | 132,357 | 131,620 | 737 | 3.1 | — |
| 2018 | 155,720 | 137,019 | 18,701 | 4.6 | — |
| 2019 | 144,398 | 127,961 | 16,437 | 6.4 | — |
| 2020 | 139,985 | 138,271 | 1,714 | 6.1 | — |
| 2021 | 106,676 | 149,656 | −42,980 | 3.1 | — |
| 2022 | 142,065 | 166,352 | −24,287 | 1.1 | — |
| 2023 | 156,484 | 147,231 | 9,253 | 2.0 | — |
In its most recent public year (2023), this organization brought in $9,253 more than it spent. Its reserves stood at about 2 months of spending, up from 0.9 in 2012.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Truth Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works