2020-07-15T08:32:50-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2018-07-01 473782829 TRUTH78 TRUT 8774001414 2401 PILOT KNOB ROAD NO 134 MENDOTA HEIGHTS MN 55120 DAVID MICHAEL PRESIDENT 8774001414 2020-07-14 1 CHAD LASSEN P01587992 6123764500 2020-07-14 66.41.31.27 2020-07-14 12:49:33 CD P 06C6282D018575128FE0891D0F3A4E057D2D2323 B2546B713F7E481D53EBD38AC5C56AAB7076177B 2018 2021-01-29 14:40:06Z DAVID MICHAEL 2401 PILOT KNOB ROAD NO 134 MENDOTA HEIGHTS MN 55120 1210877 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. 5 3 9 5 0 0 263118 270715 807 5319 8 -1958 551473 551244 815406 825320 0 0 0 0 494890 599117 0 0 24312 249142 247261 744032 846378 71374 -21058 338607 316000 96186 94637 242421 221363 X OUR MISSION IS TO EQUIP THE CHURCH AND HOME WITH RESOURCES AND TRAINING THAT INSTRUCT THE MIND, ENGAGE THE HEART, AND NURTURE THE FAITH OF THE NEXT GENERATIONS BY PROCLAIMING THE WHOLE COUNSEL OF GOD. 0 0 553990 556563 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 NURTURE THE FAITH OF THE NEXT GENERATIONS BY EQUIPPING THE CHURCH AND HOME WITH RESOURCES AND TRAINING THAT INSTRUCT THE MIND, ENGAGE THE HEART, AND INFLUENCE THE WILL THROUGH PROCLAIMING THE WHOLE COUNSEL OF GOD.WE ARE COMMITTED TO DEVELOPING RESOURCES AND TRAINING THAT ARE GOD-CENTERED, BIBLE-SATURATED, GOSPEL-FOCUSED, CHRIST-EXALTING, SPIRIT-DEPENDENT, DOCTRINALLY GROUNDED, AND DISCIPLESHIP-ORIENTED.OUR CHARITABLE EFFORTS INCLUDE:SUPPORTING CURRICULUM TRANSLATION PROJECTS AND THE FREE ONLINE DISTRIBUTION OF TRANSLATED RESOURCES. 25 ACTIVE TRANSLATION PROJECTS 19 LANGUAGES WITH TRANSLATED RESOURCES39 TRANSLATED RESOURCESREMOVING THE FINANCIAL BARRIER FOR CHURCHES, SCHOOLS, MINISTRIES, AND INDIVIDUALS WHO CANNOT AFFORD CURRICULA BY DISCOUNTING OR DONATING RESOURCES.EQUIPPING CHILDREN'S MINISTRY LEADERS, VOLUNTEERS, AND PARENTS TO PARTNER TOGETHER TO INSTRUCT THE MIND, ENGAGE THE HEART, AND NURTURE THE FAITH OF THE NEXT GENERATIONS BY PROVIDING FREE TRAINING THROUGH ACCESS TO ONLINE SEMINARS, BLOGS, ARTICLES AND SOCIAL MEDIA. 1,110 ONLINE BLOG POSTS 81 ONLINE TRAINING SEMINARS 24 ONLINE PLENARY SESSIONS 3 FREE E-BOOKS PROVIDING A WEBSITE (FIGHTERVERSES.COM) THAT FREELY DISTRIBUTES RESOURCES (WEEKLY DEVOTIONAL BLOG, AND NUMEROUS ARTICLES) THAT EQUIPS CHURCHES AND INDIVIDUALS TO MEMORIZE GOD'S WORD.2019 36,808 PAGE VIEWS PER MONTH2018 26,207 PAGE VIEWS PER MONTH2017 26,574 PAGE VIEWS PER MONTH2016 30,096 PAGE VIEWS PER MONTH2015 28,279 PAGE VIEWS PER MONTH 553990 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 18 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 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 2401 PILOT KNOB ROAD SUITE 134 MENDOTA HEIGHTS MN 55120 DAVID MICHAEL CHAIRMAN OF THE BOARD AND PRESIDENT 5.00 X X 0 0 0 JACK DONALDSON DIRECTOR 1.00 X 0 0 0 RON RUDD DIRECTOR 1.00 X 0 0 0 DEB WATTERS DIRECTOR 1.00 X 0 0 0 BRIAN EATON SECRETARY 45.00 X 96040 0 31693 TERRY KURSCHNER TREASURER 15.00 X 23660 0 0 119700 0 31693 0 0 0 0 0 270715 270715 CONFERENCE REVENUE 900099 5319 5319 5319 37 37 1995 -1995 -1995 -1995 934806 383562 551244 551244 825320 556563 0 -1958 150637 12697 137940 41020 41020 279393 261649 17744 25547 12215 13332 71222 40755 30467 31298 13771 17527 1700 1700 8888 8888 39230 27658 567 11005 36172 31101 4764 307 7768 5252 2467 49 20753 15438 3379 1936 24310 15801 7780 729 11766 8203 3563 12427 6981 5446 6032 6032 5443 2395 3048 TRANSLATION PROJECT 34228 21885 2057 10286 PROJECT EXPENSE 22128 22128 RESOURCE DEVELOPMENT 14166 14166 PAYROLL FEES 1989 875 1114 261 261 846378 553990 268076 24312 211212 138995 140 438 52201 57990 1688 0 147349 30830 71308 116519 2058 2058 338607 316000 96186 94637 96186 94637 X 242421 216123 5240 242421 221363 338607 316000 -21058 0 X 0 0 1 0 X 81914 123193 263118 270715 738940 1173040 1040067 947109 940125 4100341 1254954 1163260 1210227 1210840 4839281 24605 24460 26785 25315 101165 0 24605 24460 26785 25315 101165 4738116 26 16 8 37 87 26 16 8 37 87 1254980 1163276 1210235 1210877 4839368 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 147349 30830 116519 116519 X 1208882 383562 383562 825320 0 825320 1229940 383562 383562 846378 0 846378 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 383,562. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 383,562. DAVID MICHAEL BOARD MEMBER & FOUNDER 41020 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. $41,020 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 2016. THE EXECUTIVE DIRECTOR EVALUATES THE PERFORMANCE OF STAFF AND DETERMINES COMPENSATION. THE PROCESS WAS LAST DONE IN 2016. 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.