1994 F-150 truck cranks but won't start

Does it have fuel, spark, compression, all these are needed for it to start and the place to start looking for trouble if any one of these is missing you will not get it to run.

For an engine to run, you need three things to happen inside the engine, compression, fuel and ignition, without any one of these components the engine will not run.
†Compression - Engine compression caused by crankshaft rotation and pistons moving up and down inside the engine block. If the timing belt or timing chain fails it will cause the camshaft to become out of correlation with the crankshaft or allow the camshaft to stop rotating. Either of these conditions will cause the engine to lose compression and sometimes cause internal engine damage.

†Fuel Delivery System - The fuel system includes: fuel pump, fuel injectors, pressure regulator, fuel filter and pressure lines. This system is used to supply fuel under pressure to the fuel injection system, the lack of fuel pressure or volume will cause the fuel delivery system to fail and the engine to stall or not start.

†Ignition Spark Delivery System - The ignition system components include: spark plugs, spark plug wires, distributor (if applicable), crankshaft angle sensor, camshaft angle sensor, ignition coil, ignition module, knock sensor and ECM (engine control module). The engine relies on the ignition spark to be delivered to the combustion camber at the correct time. If the ignition spark stops or is delivered at the wrong time the engine will not run or run poorly.