BEducationEIN: 592369510· Ruling Year: 1988

True School Inc

Clearwater, Florida

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.88×
Peer Median20.77×
💰
$4.3M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$3.2M
Net Assets
📋
$108K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.4%
Year-over-year change (2022 → 2023)
Net Margin
+14.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.88
Net assets divided by total expenses
Liabilities-to-Assets
3.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,251,0775%$3,638,2718%$3,311,51723%
2022$4,034,0029%$3,357,77822%$2,699,81439%
2021$3,688,78268%$2,751,62025%$1,947,72652%
2020$2,190,3001%$2,205,3131%$1,284,47824%
2019$2,161,5112%$2,229,3164%$1,037,9733%
2018$2,113,6809%$2,145,4696%$1,071,3648%
2017$1,942,2744%$2,018,1014%$1,158,3964%
2016$1,876,511$1,938,9461%$1,201,9575%
2015$1,873,4507%$1,967,4352%$1,264,0717%
2014$1,749,8266%$1,920,62620%$1,358,06312%
2013$1,654,50917%$1,594,90513%$1,548,18814%
2012$1,413,359$1,407,08912%$1,352,288
2011$1,411,059$1,253,579$1,345,811

Frequently Asked Questions

What does True School Inc do?

True School Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is True School Inc financially healthy?

Based on our 9-metric Financial Health Score model, True School Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does True School Inc generate?

True School Inc reports $4.7M in annual revenue and holds $3.7M in total assets, based on IRS filings.

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