Florence B Trueman Educational Trust is a 501(c)(3) organization based in Tracys Lndg, Maryland, registered in 1990, with $40,324 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$40K
▼ 13.0% vs prior year
Expenses (FY2023)
$52K
Net assets
$420K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Florence B Trueman Educational Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Florence B Trueman Educational Trust: 97 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Florence B Trueman Educational Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Florence B Trueman Educational Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $64K (FY2016) to $40K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-28.5%
Spent more than it raised in the latest fiscal year.
Total assets
$422K
Total liabilities
$1,200
Net assets
$420K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $40,324▼13.0% | $51,798▲0.7% | $420,425▼2.7% | $421,625▼2.6% | 990PF |
| 2022 | $46,364▼15.4% | $51,452▲23.0% | $431,899▼1.2% | $433,099▼1.2% | 990PF |
| 2021 | $54,826▲28.7% | $41,814▼18.3% | $436,987▲3.1% | $438,187▲3.1% | 990PF |
| 2020 | $42,603▼9.2% | $51,173▼20.6% | $423,975▼2.0% | $425,175▼2.0% | 990PF |
| 2019 | $46,936▼18.8% | $64,439▲10.6% | $432,545▲0.8% | $433,745▲0.8% | 990PF |
| 2017 | $57,796▼10.2% | $58,266▼23.9% | $429,265▼0.1% | $430,465▼0.1% | 990PF |
| 2016 | $64,391 | $76,607 | $429,735 | $430,935 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Florence B Trueman Educational Trust (EIN 52-1649301) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.