Nonprofit screen
Screen a listTrue North Classical Academy Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$33Mrevenue
FY2025 · +86% in 3 yrs374staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin4.6%
Months of reserve3.3mo
Revenue growth (annualized)+38.3%
Middle half of peersMedianTrue North Classical Academy
Where the money goes FY2025 · $32M spent
Programs$23M72%Management and general$8.9M28%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$163k in FY2023 and −$55k in FY2024. Cash covers 3.3 months, above the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 38% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 7 of its 7 returns, 6% of revenue in FY2025. $30k is traced federal awards from National Endowment for the Humanities.
990 Part VIII · USAspending18funders
$1.0Ma year, last 3 years
77%from its largest funder
Funder’17’18’19’20’21’22’23Charter Fund Inc D/B/A Charter School Growth FundSince FY2019$600k$550k$1.3M$850k$250kTrue North Classical Academies Foundation IncStopped after FY2020$100k$150k$211k$206k–Mightycause Charitable FoundationNew in FY2023$376kWalton Family Foundation IncOn and off$365kDennis Bileca Character & Excellence InstituteOn and off$48k$62k$33k$35k$15kAlbert H and Jane D Nahmad Foundation IncOn and off$30k$50k$50k$40kDonor-advised giftsDonors not disclosed$11k$3k$3k$12k10 other fundersUp to $150k a year each$3k$3k$6k$150k$1k$45k
FundedThrough a donor-advised fundStopped