TRU

EIN: 471411854 501(c)(3) Education

PALO ALTO, CA

Total Revenue
$1,152,785
Total Expenses
$1,086,993
Total Assets
$1,472,661
Net Assets
$807,924
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
THEODORE TIMPSON
Phone
6504693656
Tax Period
2024-07-01 to 2025-06-30

TRU, founded in 2014, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 6% surplus.

Mission

The educational program of Tru is organized into a three-year cycle of conceptual themes: Beginning, Living, and Becoming. The theme brings focus and clarity to all the activity of school. Every activity can relate to broad lifelong goals: understanding, personal growth, competency, and achievement. The theme is further divided into three year-long projects that explore the theme in concrete ways. The projects often overlap and mingle together. As the number of connections proliferates, students come to experience thinking and learning as systemic processes.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $94,068
Program Service Revenue $1,015,086
Investment Income $43,631
Other Revenue $0
TOTAL REVENUE $1,152,785

Expense Breakdown

Grants Paid $85,428
Salaries & Benefits $758,124
Fundraising Expenses $0
Program Expenses $796,506
Other Expenses $243,441
TOTAL EXPENSES $1,086,993

Year-over-Year Comparison

2024 2023 Change
Revenue $1,152,785 $1,007,715 +0.1%
Expenses $1,086,993 $1,020,761 +0.1%
Net Income $65,792 $-13,046 -6.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$136,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THEODORE TIMPSON HEAD OF SCHOOL 55.00
Officer
$136,000 $0 $136,000
Radhesh Kamath Treasurer 2.00
Officer Director
$0 $0 $0
Nikunj Somaiya President 5.00
Officer Director
$0 $0 $0
Marjorie Lucks Secretary 2.00
Officer Director
$0 $0 $0
Elvis Huarcaya-Najarro Director 2.00
Director
$0 $0 $0
Anton Litvinenko Director 2.00
Director
$0 $0 $0
Christina Stuart Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,152,785 $1,086,993 $1,472,661 $65,792
2024 $1,007,715 $1,020,761 $1,299,906 $-13,046
2023 $1,137,482 $914,233 $1,265,937 $223,249
2022 $979,294 $848,730 $1,170,715 $130,564
2021 $761,283 $640,495 $870,444 $120,788
2020 $530,939 $545,826 $736,741 $-14,887
2019 $542,939 $471,172 $520,416 $71,767
2018 $454,915 $365,601 $487,888 $89,314
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