Food, Agriculture & Nutrition
(K31)
990 on File
SIMPLE TRUTH FOUNDATION INC
Financial strength (30%)
62/100
Reliability (20%)
40/100
Effectiveness (25%)
66/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$909K
Total Revenue
$844K
Total Expenses
$-66,849
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.2%
Fundraising Efficiency
N/A
Operating Reserve
-0.95x
Liability-to-Asset
155.0%
Revenue Diversification
100.0%
Executive Compensation
$85K
Compared with Peers
FY 2024
Compared with 1,857 similar organizations
(United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.2% | 89.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.8% | 7.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-1.0 mo | 10.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
155.0% | 0.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 96.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
146.5% | 10.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
127.3% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.1% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $909K | $844K | $-66,849 | 89.2% | 0 |
| 2023 | $369K | $372K | $1K | 89.2% | 0 |
| 2022 | $295K | $295K | $17K | 77.5% | 0 |
| 2020 | $304K | $292K | N/A | — | 0 |
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