Tracy Learning Center-discovery Charter School is a 501(c)(3) organization based in Tracy, California, registered in 2005, with $20,031,978 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$20.0M
▲ 4.7% vs prior year
Education median: $200K
Expenses (FY2024)
$19.3M
Net assets
$9.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Tracy Learning Center-discovery Charter School— 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 Tracy Learning Center-discovery Charter School: 6 mo reserves · +4% margin earns a A 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 Tracy Learning Center-discovery Charter School— 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 Tracy Learning Center-discovery Charter School: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $8.8M (FY2013) to $20.0M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.3M
Total liabilities
$3.8M
Net assets
$9.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,031,978▲4.7% | $19,324,581▲5.6% | $9,499,828▲9.4% | $13,266,676▼0.9% | 990 |
| 2023 | $19,134,171▲4.1% | $18,297,628▲20.5% | $8,683,380▼11.1% | $13,385,234▲3.7% | 990 |
| 2022 | $18,379,321▲20.2% | $15,190,155▲11.1% | $9,765,996▲50.0% | $12,908,703▲51.3% | 990 |
| 2021 | $15,292,185▲3.5% | $13,670,089▲9.7% | $6,510,784▲28.5% | $8,534,260▲19.4% | 990 |
| 2020 | $14,778,332▲13.4% | $12,456,117▼11.7% | $5,066,452▲95.5% | $7,145,449▲92.1% | 990 |
| 2019 | $13,033,816▼0.4% | $14,113,940▲8.3% | $2,591,061▼29.5% | $3,718,886▼16.7% | 990 |
| 2018 | $13,084,169▲4.6% | $13,031,095▲0.2% | $3,677,756▲1.8% | $4,463,763▲2.7% | 990 |
| 2017 | $12,513,620▲5.7% | $13,010,345▲11.8% | $3,613,197▼11.1% | $4,344,848▼10.0% | 990 |
| 2016 | $11,841,235▲6.4% | $11,635,198▲9.5% | $4,063,843▲5.3% | $4,828,746▲4.5% | 990 |
| 2015 | $11,131,712▲22.7% | $10,624,383▲16.2% | $3,857,806▲15.1% | $4,620,497▲16.3% | 990 |
| 2014 | $9,074,582▲2.7% | $9,145,694▲5.2% | $3,350,477▼2.1% | $3,974,621▼6.1% | 990 |
| 2013 | $8,838,281 | $8,692,344▲10.7% | $3,421,589▲4.5% | $4,232,099▲2.6% | 990 |
| 2012 | — | $7,852,879▲5.1% | $3,275,652▲0.6% | $4,122,956▲3.5% | 990 |
| 2011 | — | $7,475,157 | $3,255,407 | $3,985,078 | 990 |
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 Tracy Learning Center-discovery Charter School (EIN 68-0479762) 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.