Nonprofit · EIN 83-3474366
EMBRACE TRUTH INC
Tax-exempt · ARLINGTON, TX 76010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $67,675 | $8,007 | $59,668 | $1,509,630 | $0 | $1,509,630 |
| May 31, 2024 | 990 | $35,728 | $25,814 | $9,914 | $1,449,962 | $0 | $1,449,962 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $10,000
- Program service revenue
- $0
- Investment income
- $61,495
- Net rental income
- -$3,820
- Net gain from sales of assets
- $1,741
- Other revenue
- -$3,820
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,057
- Occupancy
- $6,950
- Program services (functional)
- $6,950
- Management and general (functional)
- $1,057
Balance sheet and other
- Total assets, start of year
- $1,449,962
- Total assets, end of year
- $1,509,630
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,509,630
- Land, buildings and equipment
- $91,213
- Net assets without donor restrictions
- $1,509,630
- Gross receipts
- $71,495
- Employees
- 0
- Year formed
- 2019
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD BOHANAN | CHAIRMAN Officer | 1 | $0 |
| BRUNO BORGES | SECRETARY Officer | 1 | $0 |
| RICKY CHELETTE | PRESIDENT Officer | 1 | $0 |
| RICHARD INMAN | TREASURER Officer | 1 | $0 |
990 for the year ended May 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD BOHANAN | CHAIRMAN Officer | 1 | $0 |
| BRUNO BORGES | SECRETARY Officer | 1 | $0 |
| RICKY CHELETTE | PRESIDENT Officer | 1 | $0 |
| RICHARD INMAN | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 301 SOUTH CENTER STE 200, ARLINGTON, TX 76010-7139
- In care of
- % BRUNO BORGES
- Mailing address (990-N for 2018)
- 301 SOUTH CENTER STE 200, ARLINGTON TX 76010
- Principal officer (990 for 2024)
- RICKY CHELETTE
- Principal officer (990-N for 2018)
- RICKY CHELETTE, 301 SOUTH CENTER STE 200, ARLINGTON TX 76010
- Signed the 990
- RICKY CHELETTE, PRESIDENT
- Phone
- (817) 459-2507
- Return prepared by
- PSK LLP
Mission
THE ORGANIZATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREFROM FOR THE BENEFIT OF LIVING HOPE MINISTRIES INC., A 501(C)(3) NONPROFIT CORPORATION.
Program accomplishments
- THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO HOLD TITLE TO PROPERTY AND COLLECT INCOME THEREFROM FOR THE BENEFIT OF LIVING HOPE MINISTRIES, INC. A 501(C)(3) NONPROFIT ORGANIZATION.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 83-3474366
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2021
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $1,509,630
- Income (IRS master file)
- $71,495
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $67,675 | $8,007 | $1,509,630 | XML |
| 990 | May 2024 | $35,728 | $25,814 | $1,449,962 | XML |
| 990 | May 2023 | $43,458 | $650 | $1,440,048 | IRS |
| 990 | May 2022 | $397,890 | $650 | $1,397,240 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: RICKY CHELETTE | May 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-3474366).
Questions about EMBRACE TRUTH INC
- What is the EIN of EMBRACE TRUTH INC?
- The employer identification number (EIN) of EMBRACE TRUTH INC is 83-3474366.
- Is EMBRACE TRUTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2021.
- Are donations to EMBRACE TRUTH INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EMBRACE TRUTH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EMBRACE TRUTH INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EMBRACE TRUTH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of EMBRACE TRUTH INC?
- The 990 for the year ended May 31, 2025 names RICKY CHELETTE.
- Who are the officers and directors of EMBRACE TRUTH INC?
- The 990 for the year ended May 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does EMBRACE TRUTH INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $67,675, expenses of $8,007 and total assets of $1,509,630 at year end.
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