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Florida · Nonprofit

TRU PREP ACADEMY INC

TRU PREP ACADEMY INC (Florida) receives grants from 4 organizations whose IRS filings report $45,000 to it, the largest being WINGSTOP CHARITIES ($20,000). 0 of them have funded it in more than one year.

Revenue FY2023
$1.6M
Funders on record
4
Grants received
$45k
Net assets
$443k
0/4 repeat funderspeak grant-dependency 1%
01What it does

What Tru Prep Academy Inc does

Mission

Our mission is to stimulate, educate, and motivate the minds of students at our academy.

As stated on its FY2023 Form 990.

Program

  1. We provided our students with a private school education where they were able to learn mentally, physically, and spiritually. We provided a platform for students to become well rounded individuals.

    $1,135,492 spent$1,559,580 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,135,492.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($807k) Expenses 100 ($810k) Net assets 100 ($56k)2021 Revenue 114 ($922k) Expenses 107 ($868k) Net assets 198 ($110k)2022 Revenue 89 ($716k) Expenses 82 ($667k) Net assets 367 ($204k)2023 Revenue 193 ($1.6M) Expenses 140 ($1.1M) Net assets 797 ($443k)
2020202120222023
Revenue (193)Expenses (140)Net assets (797)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $204k to $592k (+190%).

$56k
$110k
$204k
$592k
2020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 3%. Grants only. Government contracts and fees sit inside program revenue.

3% of TRU PREP ACADEMY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

−$3k
’20
$54k
’21
$49k
’22
$424k
’23
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Mario Smith

Executive director

As listed on its FY2023 Form 990.

2020202120222023
Listed1111
Joined····
No longer listed····
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $5k → $20k.

Funder
'18
'21
'23
'24*
total
Wingstop Charitiesunclassified
$20k
Nfl Foundation Incunclassified
$5k
funders
1
1
1
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TRU PREP ACADEMY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TRU PREP ACADEMY INC leans on a few funders — its largest provides 44% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TRU PREP ACADEMY INC.

44%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2021 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

TRU PREP ACADEMY INC draws 83% of its grant income from funders outside Florida, across 3 states in all.

NY
TX
FL

In-state vs out-of-state, by year

’18
’21
’23
Florida out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TRU PREP ACADEMY INC runs a healthier operating margin than three-quarters of the 11,412 education nonprofits its size.

Operating margin27% · top quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 11,412 education nonprofits $1M–$10M, FY2023

Government funding TRU PREP ACADEMY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $32 on record.

State$32
Top programs
  • REFUNDS - GENERAL $32

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TRU PREP ACADEMY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for TRU PREP ACADEMY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TRU PREP ACADEMY INC?
TRU PREP ACADEMY INC (Florida) receives grants from 4 organizations whose IRS filings report $45,000 to it, the largest being WINGSTOP CHARITIES ($20,000). 0 of them have funded it in more than one year.
How many funders does TRU PREP ACADEMY INC have?
IRS filings report 4 organizations giving $45,000 in grants to TRU PREP ACADEMY INC.
Who is the largest funder of TRU PREP ACADEMY INC?
WINGSTOP CHARITIES is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like TRU PREP ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Tru Prep Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing