Trousdale School Inc
Trousdale School Inc consistently operates with no reported officer compensation, maintaining stable finances.
EIN: 203770992 · Cleveland, TN · NTEE: P82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $520K |
| Transparency Score | 95/100 |
Is Trousdale School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trousdale School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trousdale School Inc
Trousdale School Inc (EIN: 203770992) is a nonprofit organization based in Cleveland, TN, classified under NTEE code P82. The organization reported total revenue of $1.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trousdale School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trousdale School Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$104K |
| Total Assets | $1.0M |
| Total Liabilities | $526K |
| Net Assets | $520K |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 50.3% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Trousdale School Inc reported a surplus of $104K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 50.3% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Trousdale School Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | -5.2% | +10.5% |
| 2022 | +16.0% | +24.8% | -4.5% |
| 2021 | -7.9% | -1.9% | -14.6% |
| 2020 | +12.2% | +7.2% | +18.4% |
| 2019 | +12.5% | +10.5% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trousdale School Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Trousdale School Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual and suggests that leadership roles are either unpaid or compensated through other means not classified as officer compensation, significantly maximizing funds for mission-related activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Trousdale School Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation, which might warrant further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Trousdale School Inc:
- Consistent reporting of 0% officer compensation, indicating high resource allocation to mission.
- Stable financial health with assets consistently exceeding liabilities.
- Positive revenue growth trend over the past decade, from $810,682 in 2014 to $1,314,763 in 2023.
- Expenses generally managed within revenue, demonstrating fiscal responsibility.
- Long history of IRS 990 filings, indicating strong transparency and accountability.
Frequently Asked Questions about Trousdale School Inc
Is Trousdale School Inc a legitimate charity?
Trousdale School Inc (EIN: 203770992) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Trousdale School Inc spend its money?
Trousdale School Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Trousdale School Inc tax-deductible?
Trousdale School Inc is registered as a tax-exempt nonprofit (EIN: 203770992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Trousdale School Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Trousdale School Inc is above average for NTEE category P82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trousdale School Inc located?
Trousdale School Inc is headquartered in Cleveland, Tennessee and files with the IRS under EIN 203770992. It is classified under NTEE code P82.
How many years of IRS 990 filings does Trousdale School Inc have?
Trousdale School Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8M in total revenue.
Is Trousdale School Inc a good charity?
Based on the provided data, Trousdale School Inc appears to be a very good charity. It consistently operates with no reported officer compensation, maintains a stable financial position with assets exceeding liabilities, and generally manages to keep expenses below or close to revenue.
How does Trousdale School Inc manage without officer compensation?
The filings consistently show 0% officer compensation. This could mean that executive roles are filled by volunteers, compensated through a related entity, or that compensation is structured in a way that doesn't fall under the 'officer compensation' category on the 990 form. Further investigation into their operational model would be needed to fully understand this.
Has Trousdale School Inc's revenue been growing?
Yes, Trousdale School Inc has shown significant revenue growth over the past decade. Revenue increased from $810,682 in 2014 to $1,314,763 in 2023, indicating a healthy upward trend in financial support.
What is the financial stability of Trousdale School Inc?
The organization demonstrates strong financial stability. Its assets have consistently been around $1 million, reaching $1,046,784 in 2023, and generally exceed liabilities. Revenue has also consistently covered expenses in most years, indicating sound financial management.
Are there any concerns about Trousdale School Inc's liabilities?
While liabilities are present (e.g., $526,315 in 2023), they are consistently well-covered by assets ($1,046,784 in 2023). There are no immediate red flags regarding the organization's ability to meet its financial obligations.
Filing History
IRS 990 filing history for Trousdale School Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Trousdale School Inc's revenue has grown by 187.6%, moving from $457K to $1.3M. Total assets increased by 1278.9% over the same period, from $76K to $1.0M. Total functional expenses rose by 147.2%, from $490K to $1.2M. In its most recent filing year (2023), Trousdale School Inc reported a surplus of $104K, with revenue exceeding expenses. The organization holds $526K in liabilities against $1.0M in assets (debt-to-asset ratio: 50.3%), resulting in net assets of $520K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $1.0M | $526K | — | View 990 |
| 2022 | $1.2M | $1.3M | $948K | $532K | — | View 990 |
| 2021 | $1.0M | $1.0M | $993K | $485K | — | View 990 |
| 2020 | $1.1M | $1.0M | $1.2M | $671K | — | View 990 |
| 2019 | $988K | $973K | $982K | $557K | — | View 990 |
| 2018 | $878K | $881K | $989K | $579K | — | View 990 |
| 2017 | $867K | $865K | $970K | $557K | — | View 990 |
| 2016 | $874K | $840K | $1.0M | $596K | — | View 990 |
| 2015 | $834K | $807K | $1.0M | $644K | — | View 990 |
| 2014 | $811K | $811K | $1.0M | $677K | — | View 990 |
| 2013 | $795K | $807K | $1.0M | $712K | — | View 990 |
| 2012 | $928K | $706K | $1.1M | $751K | — | View 990 |
| 2011 | $647K | $554K | $163K | $39K | — | View 990 |
| 2010 | $457K | $490K | $76K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $1.0M (revenue +10.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $948K (revenue +16.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.0M, and assets of $993K (revenue -7.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $1.2M (revenue +12.2% year-over-year).
- 2019: Revenue of $988K, expenses of $973K, and assets of $982K (revenue +12.5% year-over-year).
- 2018: Revenue of $878K, expenses of $881K, and assets of $989K (revenue +1.3% year-over-year).
- 2017: Revenue of $867K, expenses of $865K, and assets of $970K (revenue -0.9% year-over-year).
- 2016: Revenue of $874K, expenses of $840K, and assets of $1.0M (revenue +4.9% year-over-year).
- 2015: Revenue of $834K, expenses of $807K, and assets of $1.0M (revenue +2.9% year-over-year).
- 2014: Revenue of $811K, expenses of $811K, and assets of $1.0M (revenue +1.9% year-over-year).
- 2013: Revenue of $795K, expenses of $807K, and assets of $1.0M (revenue -14.3% year-over-year).
- 2012: Revenue of $928K, expenses of $706K, and assets of $1.1M (revenue +43.5% year-over-year).
- 2011: Revenue of $647K, expenses of $554K, and assets of $163K (revenue +41.5% year-over-year).
- 2010: Revenue of $457K, expenses of $490K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trousdale School Inc:
Data Sources and Methodology
This transparency report for Trousdale School Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.