TRUESCHOOL

EIN: 832454077 501(c)(3) Education

NEW ORLEANS, LA

Total Revenue
$292,112
Total Expenses
$257,477
Total Assets
$36,923
Net Assets
$-12,505
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
LA
Principal Officer
AMY VREELAND
Phone
9706907660
Tax Period
2021-01-01 to 2021-12-31

TRUESCHOOL, founded in 2019, is a small nonprofit in the Education sector that reported $292K in total revenue in fiscal year 2021. Expenses of $257K left a modest 12% surplus.

Mission

EDUCATION SERVICES FOR K-12 SCHOOLS

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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 (2021)

Revenue Breakdown

Contributions & Grants $292,105
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $292,112

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,709
Fundraising Expenses $5,587
Program Expenses $223,006
Other Expenses $59,768
TOTAL EXPENSES $257,477

Year-over-Year Comparison

2021 2020 Change
Revenue $292,112 $302,000 0.0%
Expenses $257,477 $214,793 +0.2%
Net Income $34,635 $87,207 -0.6%
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
4
Independent Members
4
Employees
2
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
2
$97,060
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYLVIE TRAN DIRECTOR, PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREA THOMAS-REYNOLDS DIRECTOR 1.00
Director
$0 $0 $0
OMAR MENDEZ DIRECTOR 1.00
Director
$0 $0 $0
BLAKE WIGGS DIRECTOR 1.00
Director
$0 $0 $0
AMY VREELAND EXECUTIVE DIRECTOR 40.00
Officer
$97,060 $0 $97,060
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
2021 $292,112 $257,477 $36,923 $34,635
2020 $302,000 $214,793 $44,647 $87,207
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