Public Charity

TRUE COSTS INITIATIVE INC

Based in BROOKLINE, MA, TRUE COSTS INITIATIVE INC operates as a Public Charity. The organization reported $1.3M in revenue, $1.3M in expenses, $331K in total assets for fiscal year 2025. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $5.7M.

EIN: 813796649 BROOKLINE, MA Research Institutes & Public Policy Analysis NTEE: Q05 Latest filing: 2025
Total Revenue$1.3M
Total Expenses$1.3M
Total Assets$331K
Grant Records11
Funding Total$5.7M
Filing Years2021–2025

Mission

TRUE COSTS INITIATIVE (TCI) SEEKS TO INCREASE CORPORATE ACCOUNTABILITY AND TO STRENGTHEN LEGAL SYSTEMS IN THE GLOBAL SOUTH BY DRIVING COLLABORATION AMONG COMMUNITIES, FUNDERS, AND CREATIVE LEADERS IN AN EFFORT TO TIP THE BALANCE SO CORPORATIONS ARE HELD ACCOUNTABLE FOR AND INTERNALIZE THE TRUE ENVIRONMENTAL AND HUMAN COSTS OF THEIR ACTIONS.

Where $100 goes at True Costs Initiative Inc

How True Costs Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$71
Tci provided recommendations for funding 70 ngos which advance corporate accountability and the rule of law
All program spending · Reported in the filing: 24 events
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE DIRECTOR Conniel Malek
BOARD CHAIR/DIRECTOR Hashim Bello
SECRETARY/DIRECTOR Mihir Munshi
PROGRAM DIRECTOR Nittaya Saenbut
DIRECTOR OF OPERATIONS Peggy Chu
TREASURER/DIRECTOR Shushanna Mignott

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,740,000 11 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $1.3M $331K
2024 $1.2M $1.1M $310K
2023 $1.1M $1.1M $212K
2022 $936K $865K $135K
2021 $497K $629K $59K

Between 2021 and 2025, reported annual revenue grew from $497K to $1.3M (+156%), with total assets most recently reported at $331K.

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

See the full picture for TRUE COSTS INITIATIVE INC

Complete financials, all 11 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time