2022-05-13T13:58:24-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2020-07-01 473782829 TRUTH78 TRUT 8774001414 PO BOX 22008 ST PAUL MN 55122 DAVID MICHAEL PRESIDENT 8774001414 2022-05-11 1 DAVID MICHAEL 999009999 CHAD LASSEN P01587992 6123764500 2022-05-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID MICHAEL PO BOX 22008 ST PAUL MN 55122 1546896 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 14 5 0 0 613214 830584 15866 0 20 0 475311 390458 1104411 1221042 0 0 0 0 716755 870324 0 0 120067 373705 393652 1090460 1263976 13951 -42934 325028 344361 89714 151981 235314 192380 X TRUTH78'S MISSION IS TO INSPIRE AND EQUIP THE CHURCH AND THE HOME FOR THE COMPREHENSIVE DISCIPLESHIP OF THE NEXT GENERATION. 0 0 610095 385159 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 14 NEW RESOURCES. TRUTH78 TRANSLATED 12 RESOURCES IN 11 FOREIGN LANGUAGES THIS YEAR. THESE RESOURCES, ALONG WITH 37 ADDITIONAL RESOURCES PREVIOUSLY TRANSLATED, ARE AVAILABLE AT TRUTH78.ORG FOR FREE WORLDWIDE DISTRIBUTION.BLOGS: 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. THE TRUTH78 BLOG SERVED 74,490 PAGE VIEWS. THIS YEAR, WE WROTE 52 DEVOTIONAL BLOGS THAT ARE AVAILABLE AT FIGHTERVERSES.COM FOR FREE WORLDWIDE DISTRIBUTION. THE FIGHTERVERSES.COM WEBSITE SERVED 84,616 PAGE VIEWS.RESOURCE GRANTS: TRUTH78 PROVIDED FREE OR SIGNIFICANTLY DISCOUNTED ENGLISH AND SPANISH RESOURCES TO 7,076 CHILDREN IN 11 DIFFERENT COUNTRIES THIS YEAR. 610095 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 24 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 MN X TERRY KURSCHNER 8774001414 521 CRYSTAL LAKE RD W BURNSVILLE MN 55306 DAVID MICHAEL EXECUTIVE DIRECTOR / PRESIDENT 40.00 X X 93005 0 15679 BRIAN EATON DIRECTOR OF OPERATIONS / SECRETARY 40.00 X X 87701 0 41221 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 180706 0 56900 0 0 0 0 COPY RIGHT 3177 DODD ROAD EAGAN MN 55121 PRINTING FULFILLMENT 279699 1 157078 673506 830584 711013 325854 385159 385159 OTHER 900099 5299 5299 5299 1221042 385159 0 5299 237607 95042 118804 23761 479675 191870 239838 47967 12081 4833 6040 1208 99823 39929 49912 9982 41138 16455 20569 4114 25 25 13335 13335 59113 29408 17705 12000 90685 66216 6151 18318 10141 6257 3673 211 55701 46898 6648 2155 1600 1040 512 48 600 600 29162 29162 7422 2969 4453 PROJECT EXPENSE 59309 54001 5308 RESOURCE DEVELOPMENT 52629 52629 TRAINING AND DEVELOPMEN 8870 8870 PAYROLL FEES 3030 1212 1515 303 2030 1336 694 1263976 610095 533814 120067 189947 173557 672 15000 33174 62640 9811 169122 85769 101235 83353 325028 344361 89714 105902 0 46079 89714 151981 X 235314 120815 71565 235314 192380 325028 344361 -42934 0 X 0 1 X 1 0 X 123193 263118 270715 613214 830584 2100824 1040067 947109 940125 878872 711013 4517186 1163260 1210227 1210840 1492086 1541597 6618010 24460 26785 25315 26043 34810 137413 0 24460 26785 25315 26043 34810 137413 6480597 16 8 37 20 81 16 8 37 20 81 1400 5299 6699 1163276 1210235 1210877 1493506 1546896 6624790 0.97820 0.96190 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 169122 85769 83353 83353 CONTRACT ADVANCE 46079 46079 X 1546896 325854 325854 1221042 0 1221042 1589830 325854 325854 1263976 0 1263976 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 325,854. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 325,854. DAVID MICHAEL BOARD MEMBER & FOUNDER 44122 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. $46,697 WAS DISTRIBUTED AS ROYALTIES DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DID NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 2021. THE DIRECTOR OF OPERATIONS, CFO, AND CEO EVALUATES THE PERFORMANCE OF STAFF AND DETERMINES COMPENSATION. THE PROCESS WAS LAST DONE IN 2021. 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.