Nonprofit · EIN 47-1411854
TRU
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,152,785 | $1,086,993 | $65,792 | $1,472,661 | $664,737 | $807,924 |
| June 30, 2024 | 990 | $1,007,715 | $1,020,761 | -$13,046 | $1,299,906 | $560,657 | $739,249 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $94,068
- Program service revenue
- $1,015,086
- Investment income
- $43,631
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $85,428
- Compensation of officers, directors and key employees
- $136,000
- Other salaries and wages
- $473,000
- Salaries, compensation and benefits (total)
- $758,124
- Professional fundraising fees
- $0
- Accounting fees
- $1,056
- Occupancy
- $105,340
- Depreciation
- $31,990
- Program services (functional)
- $796,506
- Management and general (functional)
- $290,487
Balance sheet and other
- Total assets, start of year
- $1,299,906
- Total assets, end of year
- $1,472,661
- Total liabilities, end of year
- $664,737
- Net assets, end of year
- $807,924
- Land, buildings and equipment
- $124,861
- Net assets without donor restrictions
- $807,924
- Gross receipts
- $1,152,785
- Employees
- 9
- Year formed
- 2014
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THEODORE TIMPSON | HEAD OF SCHOOL Officer | 55 | $136,000 |
| Radhesh Kamath | Treasurer Trustee or director, Officer | 2 | $0 |
| Nikunj Somaiya | President Trustee or director, Officer | 5 | $0 |
| Marjorie Lucks | Secretary Trustee or director, Officer | 2 | $0 |
| Elvis Huarcaya-Najarro | Director Trustee or director | 2 | $0 |
| Anton Litvinenko | Director Trustee or director | 2 | $0 |
| Christina Stuart | Director Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THEODORE TIMPSON | HEAD OF SCHOOL Officer | 55 | $121,914 |
| Radhesh Kamath | Treasurer Trustee or director, Officer | 2 | $0 |
| Nikunj Somaiya | President Trustee or director, Officer | 5 | $0 |
| Marjorie Lucks | Secretary Trustee or director, Officer | 2 | $0 |
| Elvis Huarcaya-Najarro | Director Trustee or director | 2 | $0 |
| Anton Litvinenko | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 625 HAMILTON AVE, PALO ALTO, CA 94301-2016
- In care of
- % THEODORE TIMPSON
- Principal officer (990 for 2024)
- THEODORE TIMPSON, 625 HAMILTON AVE, PALO ALTO, CA 94301
- Signed the 990
- THEODORE TIMPSON, HEAD OF SCHOOL
- Phone
- (650) 469-3656
- Return prepared by
- MORRIS & ASSOCIATES LLP
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.
Program accomplishments
- TRU IS A PRIVATE ELEMENTARY SCHOOL WITH AFTER-SCHOOL PROGRAM ENROLLED 36 STUDENTS IN KINDERGARTEN-5TH GRADE DURING THE 2024/25 SCHOOL YEAR.Expenses $796,506 · grants $85,428 · revenue $1,015,086
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1411854
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $1,472,661
- Income (IRS master file)
- $1,152,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,152,785 | $1,086,993 | $1,472,661 | XML |
| 990 | June 2024 | $1,007,715 | $1,020,761 | $1,299,906 | XML |
| 990 | June 2023 | $1,137,482 | $914,233 | $1,265,937 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about TRU
- What is the EIN of TRU?
- The employer identification number (EIN) of TRU is 47-1411854.
- Is TRU tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to TRU tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRU file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRU due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRU last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TRU?
- The 990 for the year ended June 30, 2025 names THEODORE TIMPSON.
- Who are the officers and directors of TRU?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $136,000 (THEODORE TIMPSON, HEAD OF SCHOOL).
- How much revenue does TRU have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,152,785, expenses of $1,086,993 and total assets of $1,472,661 at year end.
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