NonprofitsTruth Spring Incorporated

Community Improvement & Capacity Building

Truth Spring Incorporated

COLUMBUS, GA

Total revenue

$3.3M

Total expenses

$3.2M

Net assets

$3.8M

Grants received

$2.0M

44 grants

EIN

270263712

Tax year

2024

Mission

Truth spring, inc. Is a christian charitable organization focusing on improving low income areas in the community with programs aimed at addressing homelessness, poverty, drug abuse, education, and childcare. Their most significant activities are providing affordable housing for low income families , providing education for at-risk children in the community and developing trade skills and removing barriers to employment for the under-employed.

Programs

2 programs

Provided affordable housing for low income families in the community the organization serves. Our housing initiative is a faithbased, community oriented approach that focuses on purchasing and renovating homes within the community, and placing low-income families into quality housing. 10 homes have been purchased and renovated and now have tenants living in them. 2 additional homes are in the process of being built. Approximate number of people served in 2024 is 15.

Expenses: $96K

Provided workforce development for chronically unemployed and underemployed individuals through the trade school program. Truth spring is working to help provide job readiness training and job placement in partnership with columbus technical college and local employers. This initiative concentrates on reducing some of the most common barriers to sustained employment. Childcare is provided at no cost to individuals enrolled in the program. Training is offered in construction, culinary arts and urban farming. There have been nearly 100 graduates of the program since its inception in 2020. Employment rates of graduates rose from 14% before theprogram to 84% after the program. 83% of graduates are still employed 18 months post-graduation.

Expenses: $447K

Financials

FY 2024

Revenue

Contributions & grants$3.3M
Program service revenue$33K
Investment income$528
Other revenue$4K
Total revenue$3.3M

Expenses

Grants paid$1.6M
Salaries & benefits$1.1M
Fundraising
Other expenses$510K
Total expenses$3.2M
Total assets$3.8M
Net assets$3.8M

People

11 listed

NameRoleCompensation

ROBERT STRICKLAND

ADMINISTRATOR

Board

$79K

40 hrs/wk

CARRIE STRICKLAND

BOARD CHAIR

Board

$70K

40 hrs/wk

GARRETT GROCE

MEMBER AT LARGE

Board

3 hrs/wk

MICAH MCGUIRE

MEMBER AT LARGE

Board

3 hrs/wk

CARLY GUDGER

MEMBER AT LARGE

Board

3 hrs/wk

AUSTIN GIBSON

MEMBER AT LARGE

Board

3 hrs/wk

MATT PRIELOZNY

TREASURER

Board

5 hrs/wk

BRAD TURNER

MEMBER AT LARGE

Board

3 hrs/wk

DOUG DUNCAN

MEMBER AT LARGE

Board

3 hrs/wk

EMILY TROTTER

MEMBER AT LARGE

Board

3 hrs/wk

BILLY HOLBROOK

BOARD VICE-CHAIR

Board

15 hrs/wk

Grants received

Showing 44 of 44

FromAmountPurposeYear
$44K
GENERAL AND OPERATING
2024
$25K
ENHANCING QUALITY OF LIFE IN NORTH HIGHLAND THROUGH AFFORDABLE RENTAL HOUSING
2024
$5K
EDUCATING THE DISADVANTAGED
2024
$4K
daycare center
2024
$325K
GENERAL AND OPERATING
2023
$200K
PUBLIC, SOCIETAL BENEFIT
2023
$179K
MULTIPLE SUPPORT
2023
$100K
GENERAL USE OF DONEE
2023
$25K
TRUTH SPRING HOUSING
2023
$4K
daycare center
2023
$105K
MULTIPLE SUPPORT
2022
$50K
ORGANIZATION'S STATED PURPOSE
2022
$10K
RELIGION-RELATED
2022
$10K
EXPAND TRUTH SPRING ACADEMY AND TRUTH SPRING TRADE SCHOOL.
2022
$10K
PUBLIC, SOCIETAL BENEFIT
2022
$4K
General Fund
2022
$2K
daycare center
2022
$250
GENERAL USE OF DONEE
2022
$190K
MULTIPLE SUPPORT
2021
$50K
TO SUPPORT CHRISTIAN SCHOOL
2021
$17K
PUBLIC, SOCIETAL BENEFIT
2021
$6K
General Fund
2021
$1K
daycare center
2021
$224K
MULTIPLE SUPPORT
2020
$38K
GENERAL USE OF DONEE
2020
$8K
General Fund
2020
$250
GENERAL USE OF DONEE
2020
$36K
MULTIPLE SUPPORT
2019
$81K
MULTIPLE SUPPORT
2018
$8K
General Fund
2018
$2K
Christian education academy
2018
$20K
MULTIPLE SUPPORT
2017

Funded by

$2.0M from 16 funders · 44 grants · 2017–2024

Community Foundation Of The

$834K · 7 grants · 2017–2023

Bradley-Turner Foundation Inc

$369K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$227K · 3 grants · 2021–2023

Natl Christian Charitable Fdn Inc

$150K · 4 grants · 2020–2023

Beloco Foundation Inc

$138K · 2 grants · 2020–2023

Georgia Power Foundation Inc

$60K · 3 grants · 2022–2024

Lockwood Partners Foundation Inc

$55K · 2 grants · 2021–2024

Details

EIN270263712
NTEE codeS30
Subsection03
Ruling date2014-09
Formed2009
Employees3
Volunteers125
TRUTH SPRING INCORPORATED — Mission, Financials & Grants Received | Grantivo