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Truth Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752067414 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Truth Incorporated?

Truth Incorporated is a nonprofit organization located in Dallas, Texas, with an address at 25 Highland Park Village 100-536. Their primary focus is to promote education regarding the Catholic faith. They achieve this through the production of movies and books on biblically related topics, such as the Shroud of Turin. The organization's mission is centered around furthering the Catholic faith, aiming to educate and spread awareness in this field.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 63%, Two-Star out of Four Star rating

Truth Incorporated has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas despite a strong accountability and finance score of 100%. The organization has demonstrated effective financial management with a program expense ratio of 95.95%, meaning a significant portion of its expenses is directed towards its charitable programs.

However, there are several limitations in governance and transparency practices. The organization lacks a conflict of interest policy, whistleblower policy, and a document retention policy, which are crucial for ensuring ethical operation and transparency. Additionally, the nonprofit has not listed its website on its tax form, which may hinder public accessibility to important information.

The board of directors is mostly independent, with 66% of members being independent. However, the board's size includes only 2 independent members, which raises concerns about governance. Overall, while Truth Incorporated excels in financial efficiency, it needs to address its governance practices and improve transparency to enhance its overall rating and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Truth Incorporated legitimate?

Truth Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truth Incorporated submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Truth Incorporated?

Truth Incorporated's mission is centered around promoting education, specifically focusing on the advancement of Catholic faith beliefs. They achieve this objective through the production of various media such as movies and books, with topics often revolving around biblical themes, like the Shroud of Turin. The organization's goal is to spread knowledge and understanding related to these themes, thereby fostering furtherance of the Catholic faith.

Who is the CEO of Truth Incorporated?

David Stanford is the President of Truth Incorporated.

What is the revenue of Truth Incorporated?

Truth Incorporated's revenue in 2022 was $22,499.

Who are the executives of Truth Incorporated and what are their salaries?


Here are 3 key members and their salaries:


Roy A Varghese (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stanford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Whittington (Bingo Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Truth Incorporated?

Truth Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Truth Incorporated

Truth Incorporated, as a nonprofit organization, is dedicated to the promotion of education related to the Catholic faith. Their mission is centered around fostering an understanding and appreciation of religious themes, with a particular focus on topics such as the Shroud of Turin and other biblically significant subjects. Through the production of films and literary works, Truth Incorporated seeks to disseminate knowledge and inspire reflection on these themes, thereby contributing to the broader community's understanding of the Catholic faith.

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Impact




August, 2024

Truth Incorporated's impact lies in its dedicated efforts to promote education related to the Catholic faith through the production of movies and books. By focusing on topics such as the Shroud of Turin and other biblically related subjects, the organization plays a significant role in spreading knowledge and fostering a deeper understanding of Catholic teachings. Based in Dallas, Texas, Truth Incorporated exemplifies a commitment to its mission of advancing education within the realm of the Catholic faith.




This information is meant to be a general summary of Truth Incorporated. 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.

Revenue
$22,499 (2022)
Expenses
$42,840 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $582,595

Assets and Liabilities:

  • Total Assets: $19,556
  • Total Liabilities: $5,847
  • Net Assets: $13,709

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Organization Details

Founding Year

1986

Principal Officer

David Stanford

Main Address

25 HIGHLAND PARK VILLAGE 100-536, DALLAS, TX, 75205

NTEE Category

Code: X83 - Religion related

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