2024-04-08T11:40:19-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-07-01 473782829 TRUTH78 TRUT 8774001414 PO BOX 22008 ST PAUL MN 55122 DAVID MICHAEL PRESIDENT 8774001414 2024-04-05 1 DAVID MICHAEL 999009999 0 CHAD LASSEN P01587992 6123764500 2024-04-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID MICHAEL PO BOX 22008 ST PAUL MN 55122 1617877 0 X WWW.TRUTH78.ORG X 2015 MN OUR VISION IS THAT THE NEXT GENERATIONS KNOW, HONOR, AND TREASURE GOD, SETTING THEIR HOPE IN CHRIST ALONE, SO THAT THEY WILL LIVE AS FAITHFUL DISCIPLES FOR THE GLORY OF GOD. 7 5 13 5 0 0 977093 671917 0 3884 6998 0 530635 504312 1514726 1180113 0 0 0 0 920217 880878 0 0 98006 549807 379180 1470024 1260058 44702 -79945 350099 621199 113017 464062 237082 157137 X TRUTH78'S MISSION IS TO INSPIRE AND EQUIP THE CHURCH AND THE HOME FOR THE COMPREHENSIVE DISCIPLESHIP OF THE NEXT GENERATION. 0 0 799894 505280 TRUTH78 IS A VISION-ORIENTED MINISTRY FOR THE NEXT GENERATIONSTHAT THEY MAY KNOW, HONOR, AND TREASURE GOD, SETTING THEIR HOPE IN CHRIST ALONE, SO THAT THEY WILL LIVE AS FAITHFUL DISCIPLES FOR THE GLORY OF GOD.OUR MISSION IS TO INSPIRE AND EQUIP THE CHURCH AND THE HOME FOR THE COMPREHENSIVE DISCIPLESHIP OF THE NEXT GENERATIONWE ARE EAGER TO "INSPIRE" THE CHURCH AND PARENTS TO EMBRACE THE PRIVILEGE AND THE RESPONSIBILITY FOR THE INTENTIONAL DISCIPLESHIP OF THE NEXT GENERATION, AND TO "EQUIP" THEM WITH THE TOOLS AND RESOURCES THAT WILL SUPPORT THEIR EFFORTS, ENABLING THEM TO FULFILL THIS HIGH AND HOLY CALLING.ENGLISH RESOURCES: THIS YEAR, WE PUBLISHED 15 NEW ENGLISH/SPANISH RESOURCES. TRUTH78 TRANSLATED 4 ENGLISH RESOURCES IN 4 LANGUAGES FOR A TOTAL OF 50 TRANSLATED RESOURCES. ALL TRANSLATED RESOURCES OTHER THAN ENGLISH AND SPANISH ARE AVAILABLE AT WWW.TRUTH78.ORG FOR FREE WORLDWIDE DOWNLOAD AND USEBLOGS: WE WROTE 142 BLOGS THIS YEAR TO INSPIRE AND EQUIP CHURCHES AND PARENTS FOR THE COMPREHENSIVE DISCIPLE OF THEIR CHILDREN. THESE BLOGS, ALONG WITH THE 675 PREVIOUSLY PUBLISHED BLOGS, ARE AVAILABLE AT TRUTH78.ORG FOR FREE WORLDWIDE DISTRIBUTION. TRUTH78 WROTE 62 BLOGS TO INSPIRE AND EQUIP THE CHURCH AND HOME FOR THE COMPREHENSIVE DISCIPLESHIP OF THE NEXT GENERATION. THE 62 BLOGS, ALONG WITH THE EXISTING 817 BLOGS RECEIVED 102,569 PAGE VIEWS. ALL BLOGS ARE AVAILABLE AT WWW.TRUTH78.ORG FOR FREE WORLDWIDE DISTRIBUTION.THIS YEAR, WE WROTE 52 DEVOTIONAL, BIBLICAL BLOGS TO ENCOURAGE THE FAITH OF PARENTS, TEACHERS AND CHILDREN. THE 52 BLOGS ALONG WITH 520 EXISTING DEVOTIONAL BLOGS RECEIVED 143,600 PAGEVIEWS. ALL DEVOTIONAL BLOGS ARE AVAILABLE AT WWW.FIGHTERVERSES.COM FOR FREE WORLDWIDE DISTRIBUTIONRESOURCE GRANTS: TRUTH78 PROVIDED GRANTS, EITHER FREE OR HEAVILY DISCOUNTED, OF ENGLISH AND SPANISH RESOURCES SERVING 7,033 CHILDREN IN 15 DIFFERENT COUNTRIES. 799894 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 22 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MN X BRENT SMALL 8774001414 2271 RIDGE CREST DRIVE NE LANESVILLE IN 47136 DAVID MICHAEL EXECUTIVE DIRECTOR / PRESI 40.00 X X 96283 0 0 BRIAN EATON DIRECTOR OF OPERATIONS / S 40.00 X X 90373 0 0 BILL KESTING CHAIRMAN OF THE BOARD 1.00 X 0 0 0 MARIJO BROSIUS DIRECTOR 1.00 X 0 0 0 MARK COLUCCI DIRECTOR 1.00 X 0 0 0 MARCIA OLYNYK DIRECTOR 1.00 X 0 0 0 RON RUDD DIRECTOR 1.00 X 0 0 0 186656 0 0 0 0 0 0 0 671917 671917 SUBSCRIPTION REVENUE 900099 3884 3884 3884 939160 437764 501396 501396 OTHER 900099 2916 2916 2916 1180113 505280 0 2916 220246 88099 110123 22024 505016 376318 78196 50502 402 252 64 86 111613 79424 21028 11161 43601 28341 10900 4360 11798 11798 80287 38724 41563 38805 32279 6284 242 5111 646 4438 27 85749 71741 13444 564 5716 4392 1324 467 452 15 32380 32380 5916 2958 2958 PROJECT EXPENSE 48294 28421 19873 RESOURCE DEVELOPMENT 32078 32078 MISCELLANEOUS 22580 13581 296 8703 TRAINING AND DEVELOPMEN 6632 6632 3367 2188 842 337 1260058 799894 362158 98006 112150 443763 102500 8571 62564 110639 9453 11288 111039 55530 54861 55509 350099 621199 113017 118003 34059 312000 113017 464062 X 160813 68827 76269 88310 237082 157137 350099 621199 -79945 0 X 0 1 X 1 0 X 270715 613214 830584 977093 671917 3363523 940125 878872 711013 1042622 943044 4515676 1210840 1492086 1541597 2019715 1614961 7879199 25315 26043 34810 26173 13251 125592 0 25315 26043 34810 26173 13251 125592 7753607 37 20 6988 7045 37 20 6988 7045 1400 5299 6939 2916 16554 1210877 1493506 1546896 2033642 1617877 7902798 0.98110 0.97870 0.00090 0.09000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - 2019 AMOUNT: $ 1,400. 2020 AMOUNT: $ 5,299. 2021 AMOUNT: $ 6,939. 2022 AMOUNT: $ 2,916. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111039 55530 55509 55509 X 1617877 437764 437764 1180113 0 1180113 1697822 437764 437764 1260058 0 1260058 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. AS SUCH, IT IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY WAS RECOGNIZED BY THE ORGANIZATION AS A RESULT OF THE STANDARDS IMPLEMENTATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 437,764. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 437,764. DAVID MICHAEL BOARD MEMBER & FOUNDER 53249 ROYALTIES 0 SCHEDULE L - PART IV - (D) (D) ROYALTIES TO ONE OF THE AUTHORS OF THE CURRICULUM WAS DISTRIBUTED INTO A COMPANY THAT WAS FORMED TO DISTRIBUTE FUNDS FOR CHARITABLE PURPOSES. ONE OF THE OWNERS OF THIS COMPANY IS THE BOARD MEMBER AND FOUNDER OF TRUTH78. $53,249 WAS DISTRIBUTED AS ROYALTIES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE ORGANIZATION'S MANAGEMENT REVIEWS THE FORM 990. THE RETURN IS THEN SENT TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, PAID STAFF MEMBERS AND VOLUNTEERS MUST MAKE KNOWN THEIR CONNECTIONS WITH ANY PERSON OR ORGANIZATION DOING BUSINESS WITH OR CARRYING OUT A SIGNIFICANT TRANSACTION WITH THE ORGANIZATION. THIS INFORMATION SHOULD BE PROVIDED IN WRITING AS THE BUSINESS ARISES AND ANNUALLY WHEN REQUESTED. BOARD MEMBERS WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN A MATTER OR TRANSACTION SHOULD NOT PARTICIPATE IN DISCUSSIONS OR VOTE ON SUCH MATTERS OR TRANSACTION. REMAINING BOARD MEMBERS WILL DETERMINE IF A CONFLICT EXISTS. STAFF MEMBERS WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN A MATTER OR TRANSACTION SHOULD NOT BE MATERIALLY INVOLVED IN DECISION-MAKING AFFECTING SUCH MATTER OR TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST WILL BE DOCUMENTED IN THE BOARD MEETING MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS AN ANNUAL REVIEW AND MAKES ANY COMPENSATION CHANGES FOR THE EXECUTIVE DIRECTOR. THE PROCESS WAS LAST DONE IN 2023. THE DIRECTOR OF OPERATIONS, CFO, AND CEO EVALUATES THE PERFORMANCE OF STAFF AND DETERMINES COMPENSATION. THE PROCESS WAS LAST DONE IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.