Trulearn
Nonprofit profile at a glance
- EIN
- 872294633
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Delta Junction, AK, USA
- Phone
- 2087658262
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $152,364
- Expenses
- $143,894
- Assets
- $24,794
- Liabilities
- $2,266
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MICHAEL J AUGUSTIN (PRESIDENT &)
People named in this filing
- MICHAEL J AUGUSTIN (PRESIDENT &)
- VIKTOR BOLDYNUK (VICE PRESIDE)
- SERENA AUGUSTIN (EDUCATIONAL)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
School.
What it reported doing in 2024
Writing, cte, robotics, science and library education in a co-teaching environment.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.8%; rating input score 55
- Program expense ratio: 58%; rating input score 58
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.6%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 18.2%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 36.2% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 46.3% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 54.8% of revenue deployed · 58% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $83K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.