Truth in Accounting
| Truth in Accounting | |
 | |
| Basic facts | |
| Location: | Chicago, Illinois |
| Type: | 501(c)(3) |
| Top official: | Shiela Weinberg, CEO |
| Founder(s): | Shiela Weinberg |
| Year founded: | 2002 |
| Website: | Official website |
Truth in Accounting (TIA) is a 501(c)(3) nonprofit organization based in Chicago, Illinois.[1] The organization was founded in 2002 by Sheila Weinberg, a certified public accountant (CPA).[2][3] According to its website, TIA was established with the purpose to "compel governments to produce financial reports that are understandable, reliable, transparent and correct."[4]
Background
TIA was founded in 2002 by Sheila Weinberg, CPA.[2][3] According to its website, TIA's mission statement is as follows:[2]
| “ | To educate and empower citizens with understandable, reliable, and transparent government financial information.[5] | ” |
Leadership
As of April 2025, the following individuals served on the board of directors at Truth in Accounting:[6]
- Chuck Chokel
- Vince Kolber
- Thomas Wright
- Roger Nelson
- Dr. Sridhar Ramamoorti
- Dennis Chookaszian
- David Cotton
- David Walker
Work and activities
TIA has described its activities as follows: "Our work has focused on encouraging public entities to produce financial reports that are comprehensive, clear, and transparent; and informing the public of the importance of truthful accounting."[2]
The organization produces a variety of resources, including financial reports for cities, states, and the federal government. Examples of these reports are included below:[7]
- 2025 Financial State of the Union
- 2024 Financial State of the States
- 2025 Financial State of the Cities
Notable endorsements
This section displays endorsements this organization made in elections within Ballotpedia's coverage scope. Know of one we missed? Click here to let us know.
Finances
The following is a breakdown of Truth in Accounting's revenues and expenses from 2011 to 2023. The information comes from ProPublica
| Year | Revenue | Expenses |
|---|---|---|
| 2011 | $123,576 | $203,875 |
| 2012 | $214,349 | $261,045 |
| 2013 | $380,187 | $365,073 |
| 2014 | $573,425 | $408,651 |
| 2015 | $688,846 | $539,615 |
| 2016 | $594,325 | $586,432 |
| 2017 | $667,131 | $699,568 |
| 2018 | $763,023 | $725,872 |
| 2019 | $809,093 | $786,233 |
| 2020 | $557,930 | $735,358 |
| 2021 | $951,588 | $636,136 |
| 2022 | $274,931 | $223,939 |
| 2023 | $215,419 | $239,206 |
See also
External links
- Truth in Accounting official site
- Truth in Accounting on Facebook
- Truth in Accounting on X
- Truth in Accounting on LinkedIn
- Truth in Accounting on YouTube
- Truth in Accounting on Instagram
Footnotes
- ↑ Truth in Accounting, "Donate," accessed July 24, 2025
- ↑ 2.0 2.1 2.2 2.3 Truth in Accounting, "About," accessed July 24, 2025
- ↑ 3.0 3.1 Truth in Accounting, "Team," accessed October 10, 2019
- ↑ Truth in Accounting, "FAQ," accessed July 24, 2025
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Truth in Accounting, "Board of Directors," accessed October 10, 2019
- ↑ Truth in Accounting, "Resources," accessed July 24, 2025
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