Public Charity

TRUTH IN ACCOUNTING

TRUTH IN ACCOUNTING is a Public Charity headquartered in GLENCOE, IL. Financial data from the 2024 filing: $246K revenue, $218K expenses, $232K total assets. 14 publicly reported grants to this organization, totaling roughly $531K, appear in IRS filings.

EIN: 352185292 GLENCOE, IL Latest filing: 2024
Total Revenue$246K
Total Expenses$218K
Total Assets$232K
Grant Records14
Funding Total$531K
Filing Years2019–2024

Mission

EDUCATING AND EMPOWERING CITIZENS WITH UNDERSTANDABLE, RELIABLE, AND TRANSPARENT GOVERNMENTAL FINANCIAL INFORMATION.

Sample Grants Received

2024
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$10,000
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000
2023
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$10,000
2022
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$10,000
2021
For recipient's exempt purpose
$11,000

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Chuck Chokel
CEO/BOARD MEMBER/PRESIDENT Sheila A Weinberg
BOARD MEMBER/CHAIR OF DEVE Tom Wright
BOARD MEMBER/TREASURER Vincent Kolber

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL/OPERATING
$325,000 2 grants
FOR GENERAL OPERATING SUPPORT
$85,500 1 grant
For grant recipient's exempt purposes
$39,000 3 grants
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
$30,000 3 grants
RESEARCH INSTITUTE / PUBLIC POLICY ANALYSIS
$18,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $246K $218K $232K
2023 $215K $239K $199K
2022 $275K $224K $264K
2020 $558K $735K $72K
2019 $809K $786K $101K

Between 2019 and 2024, reported annual revenue declined from $809K to $246K (-70%), with total assets most recently reported at $232K.

Interactive year-over-year charts and full filing details available with membership.

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