Overview
What is Concepts Of Truth Inc?
Concepts of Truth Inc, situated in Wynne, Arkansas, is a nonprofit organization devoted to spreading the teachings of Jesus Christ. They utilize various platforms to accomplish this, such as multimedia resources, published curriculum, an international helpline, crisis counseling seminars, and teaching. Their mission is to disseminate the message of the Bible and offer spiritual guidance for those who seek it. Additionally, they provide resources and support through their services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 60%)
Concepts Of Truth Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations. The organization has a score of 60%, reflecting concerns primarily around board independence and transparency. Notably, there are no independent members on the board, which impacts its governance rating significantly.
On a positive note, Concepts Of Truth Inc demonstrates strong financial stewardship with a program expense ratio of 91.51%, indicating that a large majority of its expenditures go directly toward its programs. The organization also has no reported material diversion of assets and maintains a favorable liabilities to assets ratio of 11.45%. These financial metrics suggest that when funds are allocated, they are largely dedicated to fulfilling the organization's mission.
However, the nonprofit faces challenges in accountability practices. It lacks essential policies such as a whistleblower policy and a documented retention and destruction policy. Additionally, the organization's website was not listed on tax forms, and various key documents are missing from its online presence, which detracts from its overall transparency and accountability. Addressing these issues could enhance its rating and stakeholder trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Concepts Of Truth Inc legitimate?
Concepts Of Truth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concepts Of Truth Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Concepts Of Truth Inc?
Concepts of Truth Inc. is dedicated to spreading the teachings of Jesus Christ through numerous channels. This includes utilizing multimedia, publishing curriculum, operating an international helpline, conducting crisis counseling seminars, and offering teaching services. The organization's primary goal is to share the biblical message with others and offer spiritual guidance to those in need. It aims to be a resource for individuals seeking understanding and support in their spiritual journey.
Who is the CEO of Concepts Of Truth Inc?
Dail Lace is the President of Concepts Of Truth Inc.
What is the revenue of Concepts Of Truth Inc?
Concepts Of Truth Inc's revenue in 2022 was $191,086.
Who are the executives of Concepts Of Truth Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990EZ for Concepts Of Truth Inc?
Concepts Of Truth Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Concepts Of Truth Inc
Concepts of Truth, a nonprofit organization, is dedicated to spreading the gospel of Jesus Christ. They achieve this mission through various means, including multimedia, published curriculum, an international helpline, crisis counseling seminars, and teaching. The primary objective of Concepts of Truth is to share the teachings of the Bible with others and offer resources for individuals seeking spiritual guidance. The organization's approach is diverse, catering to a wide audience and providing multiple avenues for learning and support.
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Impact
October, 2024
Concepts of Truth Inc has a significant impact on the community and beyond by actively spreading the gospel of Jesus Christ through various engaging platforms. By utilizing multimedia, the organization creates accessible and relatable content that reaches diverse audiences, fostering a deeper understanding of biblical teachings. The published curriculum provided by Concepts of Truth serves as a valuable resource for individuals and groups seeking structured spiritual education.
Additionally, the international helpline and crisis counseling seminars offer immediate support and guidance to those in need, addressing spiritual and emotional challenges with compassion and expertise. The teaching initiatives further enhance community engagement, encouraging individuals to explore faith and spirituality in a welcoming environment. Based in Wynne, AR, Concepts of Truth serves as a beacon of hope, connecting people to resources and support while promoting a message of love and salvation found in the Bible.
This information is meant to be a general summary of Concepts Of Truth Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,295
- Gross Receipts: $194,481
Assets and Liabilities:
- Total Assets: $68,179
- Total Liabilities: $5,547
- Net Assets: $62,632
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Organization Details
Phone
(870) 238-4329Principal Officer
Dail Lace
Main Address
PO BOX 1438, WYNNE, AR, 72396
NTEE Category
Code: X80 - Religion related
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