Truth in Advertising Inc

Private foundation · Grantmaker Branford, CT EIN: 27-4966949

Truth in Advertising Inc is a private foundation focused on Human Services, based in Branford, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39K in total assets. In 2024, it made $1.7M in qualifying distributions.

Key facts about Truth in Advertising Inc

EIN
27-4966949
Latest 990 filing
Form 990-PF, 2024
Total assets
$39,374

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$39K

-76.0% YoY

Revenue

$1.7M

+8.3% YoY

Qualifying Distributions

$1.7M

+14.9% YoY

Expenses

$1.8M

+18.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$39,374$163,745$126,260
Revenue$1,723,560$1,591,569$1,281,350
Expenses$1,848,138$1,557,704$1,297,819
Qualifying Distributions$1,747,020$1,520,912$1,241,904

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Truth in Advertising Inc is led by Bonnie Patten, President since 2024 (on filings since 2020); 1 of 4 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Bonnie Patten

    President

    Vice President, Secretary & Treasurer → President, 2024

    On filings since 2020

    40 hrs/week

    $325K (2020) → $411K (2024)

  • Karen Pritzker

    Director

    President & Director → Director, 2024

    On filings since 2020

    No compensation reported

  • Leslie Murphy

    Secretary

    New on the 2024 filing

    No compensation reported

  • Toni Burt

    Treasurer

    New on the 2024 filing

    5 hrs/week

    No compensation reported

Former officers (5)
  • Former: Allison C. Schwartz (2020–2023) — Director
  • Former: Julia Vlock (2020–2023) — Director
  • Former: Theodore Vlock (2020–2023) — Director
  • Former: Dana J. Pritzker Springer (2023) — Director
  • Former: Dana J. Pritzker Schwartz (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bonnie Patten — President: $411KBonnie PattenPresident$411K

The highest reported compensation on the 2024 filing was $411K, to Bonnie Patten (President).

Frequently asked questions about Truth in Advertising Inc

How large is Truth in Advertising Inc?

Truth in Advertising Inc reported $39K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $1.7M.

What is Truth in Advertising Inc?

Truth in Advertising Inc is a private foundation focused on Human Services, based in Branford, CT. It holds $39K in total assets as of 2024.

What is Truth in Advertising Inc's EIN?

Truth in Advertising Inc's EIN (Employer Identification Number) is 27-4966949. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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