CSCharityScored
27

True Texas Education Corporation

Public Benefit · Grapevine, Texas

1972 Casa Loma Ct, Grapevine, TX 76051-2805

EIN: 854347442· Founded: Aug 2021· 5 years active· Filing Year: 2023

Annual Revenue

$265K

Total Expenses

$167K

Total Assets

$148K

Program Spending

1%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$60K

36.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$38K

Total Payroll

$98K

59% of total expenses

Where the Money Goes

1%
Programs: 1%
Payroll: 59%
Other overhead: 99%
Program Revenue$2K (1%)
Total Expenses$167K (63%)
Payroll$98K (59%)
Overhead (non-program)99%

Trust Score Breakdown

Program Spending Ratio

1% of expenses go to programs

40%

Revenue & Stability

$265K annual revenue

15%

Executive Compensation

$60K total officer comp (36.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$148K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.