Form 990 for tax year 2022
Filed by TRUTH AND TIDINGS GOSPEL TRUST U S A.
Totals
- Total revenue
- $5,500,126
- Total expenses
- $5,486,396
- Contributions and grants received
- $5,500,079
- Grants paid
- $5,478,258
- Program service revenue
- $0
- Investment income
- $47
- Other revenue
- $0
- Total assets, end of year
- $516,712
- Total liabilities, end of year
- $503,910
- Net assets or fund balances, end of year
- $12,802
- Program services expenses (Part IX)
- $5,486,396
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,486,396
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,500,079
-
3 · Investment income
total $47
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $495,579 · program services $495,579
-
2 · Grants to domestic individuals
total $1,413,948 · program services $1,413,948
-
3 · Grants to foreign organizations and individuals
total $3,568,731 · program services $3,568,731
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $2,378 · program services $2,378
-
14 · Information technology
total $556 · program services $556
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $180 · program services $180
-
23 · Insurance
total $0
-
24a · Other expenses: State of Michigan
total $20 · program services $20
-
24b · Other expenses: Bank Charges
total $5,004 · program services $5,004
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $502,803 · end of year $516,712
-
10a · Land, buildings and equipment: cost or other basis
$901
-
10b · Land, buildings and equipment: accumulated depreciation
$901
-
10c · Land, buildings and equipment, net
beginning of year $180
-
18 · Grants payable
beginning of year $494,158 · end of year $503,910
-
31 · Retained earnings, endowment or other funds
beginning of year $8,825 · end of year $12,802
Mission and programs · 2022
Mission
To support the spread of the gospel of Jesus Christ in missionary and home fields as carried on by assemblies of Christians who gather to the name of the Lord Jesus Christ known by some as Plymouth Brethren through remittances to evangelists and missionaries whose credentials are on file with the Trust
Activities or mission (Part I)
To support the spread of the gospel of Jesus Christ in missionary and home fields as carried on by assemblies of Christians who gather to the name of the Lord Jesus Christ.
-
Support of missions and evangelistic activities
Expenses $5,486,396 · Grants $5,478,259 · Revenue $5,500,125
As filed on the 2022 return.
Listed in Part VII
-
Dr Joseph Dennison
President
- Total calculated
- $0
-
David Metcalf
Vice President
- Total calculated
- $0
-
John Kregel
Secretary
- Total calculated
- $0
-
Joseph Dennison Jr
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Philip Moore
Director
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
BC Assembly of Christians
$103,334
Humanitarian Relief Efforts
-
$55,362
Church Operations
-
Brodhead Gospel Hall
$48,000
Church Renovation
-
$40,005
Literature Publication/Distribution
-
$38,000
Church Operations
-
Tacoma Gospel Hall
$36,000
Church Reconstruction
-
$30,500
Retirement Home Operations
-
Support of Missionaries
-
$20,300
Church Operations
-
Ontario Gospel Hall
$20,000
Church Renovation
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301219349302160
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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