2020-07-06T10:43:59-05:00 2019-12-31 581374304 ROBINSON GRIMES and COMPANY PC PO BOX 4299 COLUMBUS GA 31914 990 2019-01-01 270263712 TRUTH SPRING INC TRUT 7069870457 3314 5TH AVENUE COLUMBUS GA 31904 CARRIE STRICKLAND BOARD CHAIR 7069870457 2020-06-29 1 KRISTINE P BRAXTON CPA P00014241 7063245435 12.155.205.50 2020-06-29 14:59:38 ED P 7C421A6FCE3C4B776B4F31369B415CA03DD4551D CCC88D0E7A903AEC88CEA3C6EB1A41BDA4636317 2019 2020-09-23 17:36:50Z CARRIE STRICKLAND 3314 5TH AVENUE COLUMBUS GA 31904 1009346 0 X TRUTHSPRING.ORG X 2009 GA 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 AND EDUCATION FOR AT-RISK CHILDREN IN THE COMMUNITY. 5 4 10 250 0 0 314299 625258 10000 10000 7982 9882 1212 1438 333493 646578 0 0 0 0 241184 316811 0 0 0 70287 74666 311471 391477 22022 255101 664964 962675 5562 41911 659402 920764 THE MISSION OF TRUTH SPRING, INC. IS TO IMPROVE THE LOW INCOME COMMUNITY THROUGH PROGRAMS AIMED AT ADDRESSING HOMELESSNESS, POVERTY, DRUG ABUSE, EDUCATION AND CHILDCARE. 0 0 373943 PROVIDED EDUCATION FOR AT-RISK CHILDREN IN THE COMMUNITY. TRUTH SPRING ACADEMY IS A PRIVATE, CHRISTIAN SCHOOL FOR LOW INCOME FAMILIES. ENROLLMENT FOR 2019 WAS 61 STUDENTS IN KINDERGARTEN THROUGH SECOND GRADE. THE COST PER STUDENT WAS APPROXIMATELY $9,000, AND ALL STUDENTS RECEIVED FULL SCHOLARSHIPS. THE BUDGET FOR 2019 WAS $469,720, AND ALL FUNDING WAS PROVIDED THROUGH CONTRIBUTIONS FROM DONORS WITHIN OR AROUND THE COLUMBUS, GEORGIA REGION. 1015 10000 PROVIDED AFFORDABLE HOUSING FOR LOW INCOME FAMILIES IN THE COMMUNITY THE ORGANIZATION SERVES. THREE HOMES HAVE BEEN PURCHASED AND RENOVATED AND NOW HAVE TENANTS LIVING IN THEM. ESTIMATED COST FOR RENOVATIONS IS BETWEEN $40,000 AND $50,000. APPROXIMATE NUMBER OF PEOPLE SERVED IN 2019 IS 10 TO 15. 374958 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 10 1 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X CARRIE STRICKLAND 7069877109 3314 5TH AVENUE COLUMBUS GA 31904 CARRIE STRICKLAND BOARD CHAIR 30.00 X X 21377 0 0 BILLY HOLBROOK BOARD VICE-CHAIR 15.00 X X 0 0 0 GARRETT GROCE MEMBER AT LARGE 3.00 X 0 0 0 MICAH MCGUIRE MEMBER AT LARGE 3.00 X 0 0 0 CARLY GUDGER MEMBER AT LARGE 3.00 X 0 0 0 PAUL FINCHER MEMBER AT LARGE 3.00 X 0 0 0 ROBERT STRICKLAND ADMINISTRATOR 40.00 X 61314 0 0 82691 0 0 0 0 0 0 0 625258 143856 625258 RENTAL INCOME 531110 10000 10000 10000 10536 10536 360552 361206 -654 -654 -654 3000 1562 1438 1438 646578 10000 0 11320 82691 82691 211473 211473 22647 22647 9250 9250 1100 1040 60 50 50 16373 11641 4732 1770 1770 8217 7720 497 6393 6393 2572 2572 6125 6125 OTHER PROGRAM EXPENSES 17673 17513 160 COMMUNITY OUTREACH 4128 4128 RENTAL EXPENSES 1015 1015 391477 374958 16519 0 241242 347564 27083 145217 194 329 74548 9419 67701 65129 328744 404436 664964 962675 5562 41911 5562 41911 X 659402 918552 2212 659402 920764 664964 962675 X 255101 5289 972 X 0 0 0 X 298809 300222 461724 314299 625258 2000312 298809 300222 461724 314299 625258 2000312 299047 1701265 97 151 11486 18655 10536 40925 2041237 0.83340 0.84460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3800 3800 70748 9419 61329 65129 FIRST TRUST LOW DURATION OPP ETF 33100 F ISHARES TIPS BOND ETF 33922 F ISHARES 1-3 YR TREASURY BOND ETF 33344 F DIAMOND HILL SHORT DURATION TOTAL RETURN CL 1 100297 F DIAMOND HILL CORPORATE CREDIT CL I 33773 F BEAL BANK USA LAS VEGAS NV CD 100000 F COASTAL STATES BANK HILTON HEAD SC CD 35000 F BANK OF AMERICA CD 35000 F 404436 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 ROBERT STRICKLAND HUSBAND OF BOARD MEMBER COMPENSATION AS ADMINISTRATOR/PRINCIPAL 0 X 7 143856 FMV ON DATE OF DONATION 0 0 1 PART I, COLUMN (B): NUMBER OF SEPARATE DONATIONS PART I, LINE 32B: ALL STOCK CONTRIBUTIONS ARE IMMEDIATELY SOLD BY AN INDEPENDENT THIRD-PARTY BROKER. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIP - BOARD CHAIR AND SCHOOL ADMINISTRATOR FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT WELL KNOWN TO THE ORGANIZATION AND EXPERIENCED IN THE AREA OF NON-PROFIT ACCOUNTING. THE BOARD MAKES A CURSORY REVIEW OF THE RETURN TO MAKE SURE NO MATERIAL OMISSIONS OR MISSTATEMENTS ARE MADE BEFORE IT IS FILED. ONCE APPROVED, THE RETURN IS SIGNED BY AN AUTHORIZED AGENT OF THE ORGANIZATION AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE TRAINED ON THE CONFLICT OF INTEREST POLICY, AND HAVE SIGNED AN ACKNOWLEDGEMENT STATING THEY HAVE READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE POLICY. THE BOARD IS NOTIFIED OF ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST. THE BOARD REVIEWS TRANSACTIONS, RELATIONSHIPS AND REQUIRED DISCLOSURES ACCORDING TO THE POLICY DOCUMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS SIMILAR TEACHER AND ADMINISTRATOR POSITIONS IN THE GEOGRAPHIC AREA TO DETERMINE COMPENSATION, AND REVIEWS THIS INFORMATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST, AND IS EITHER MAILED, E-MAILED OR FAXED TO THE RECIPIENT AS REQUESTED. FORM 990, PART XI, LINE 9: BASIS ADJ ON STOCK SOLD 972.