Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
True Community Education Inc
EIN 81-3213569 • 501(c)3 • Los Angeles, CA
Profile
The specific purpose of this corporation is to help promote the public welfare and to create stronger, more prosperous communities by training teachers/tutors/mentors and by empowering students with a strong and growing eductional foundation of knowledge and ability and by supporting the successful use of that knowledge or ability. This would include (but is not limited to) facilitating the acquisition of study/learning skills, academics, useful knowledge, educational opportunities, field trips, service learning, life skills, art, career training and career skills, apprenticeships, efforts to transition individuals into gainful employment. The purpose also includes addressing any factors that could potentially inhibit an individual from optimim educational development and growth, which could include (but is not limited to) addressing drug use/addiction, homelessness, proper nourishment, unfavorable socioeconomic conditions, criminal activity, violence or gang activity, and antisocial o
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.57x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Balance Sheet
Assets
Up$7,015
Up $6,212 (+774%) from 2018
Liabilities
Up$4,003
Up $3,803 (+1902%) from 2018
Net Assets
Up$3,012
Up $2,409 (+400%) from 2018
Revenue
Up$12,967
Up $3,123 (+32%) from 2018
Expenses
Up$10,558
Up $1,477 (+16%) from 2018
Net Income
Up$2,409
Up $1,646 (+216%) from 2018
Trend Graphs
Filings
Most recent year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,015
- Liabilities
- $4,003
- Net assets
- $3,012
- Revenue
- $12,967
- Expenses
- $10,558
- Net income
- $2,409
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2019Detailed filing. Detailed filing data is available for this year. | $7.02 | $4.00 | $3.01 | $13.0 | $10.6 | $2.41 |
| 2018Detailed filing. Detailed filing data is available for this year. | $0.80 | $0.20 | $0.60 | $9.84 | $9.08 | $0.76 |
| 2017Detailed filing. Detailed filing data is available for this year. | $0.04 | $0.20 | $0.16 | $0.71 | $0.87 | $0.16 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Jul 31, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $12,967
Mission and Program Overview
Mission
The specific purpose of this corporation is to help promote the public welfare and to create stronger, more prosperous communities by training teachers/tutors/mentors and by empowering students with a strong and growing eductional foundation of knowledge and ability and by supporting the successful use of that knowledge or ability. This would include (but is not limited to) facilitating the acquisition of study/learning skills, academics, useful knowledge, educational opportunities, field trips, service learning, life skills, art, career training and career skills, apprenticeships, efforts to transition individuals into gainful employment. The purpose also includes addressing any factors that could potentially inhibit an individual from optimim educational development and growth, which could include (but is not limited to) addressing drug use/addiction, homelessness, proper nourishment, unfavorable socioeconomic conditions, criminal activity, violence or gang activity, and antisocial o
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTING THE PUBLIC WELFARE AND CREATING STRONGER, MORE PROSPEROUS COMMUNITIES. | $10,558 | $12,967 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RON SEAGAL | Chairman | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- True Community Education Inc
- EIN
- 81-3213569
- Phone
- 3109987529
- Address
- 2850 Angelo Drive, Los Angeles, CA 90077
Signing Officer
- Name
- Ron Seagal
- Title
- Chairman
- Signed
- 2020-07-31
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wechsler Accountancy Corporation
- Address
- 9221 CORBIN AVE SUITE 110, NORTHRIDGE, CA 91324-3392
- Preparer
- Gene Wechsler CPA
- Phone
- 8187181040
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $1301”
Other Expenses.1
“VOLUNTEER HELP $5860”
Other Expenses.2
“Books, subscriptions, referenc $766”
Other Expenses.3
“OUTSIDE SERVICES $670”
Other Expenses.4
“VOLUNTEER FOOD $251”
Other Expenses.6
“WEBSITE $115”
Other Expenses.7
“SUPPLIES $100”
Other Assets.1005
“Accounts Receivable - Beginning $492 Accounts Receivable - Ending $492”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $200 Payable to Officers, Directors, Etc. - Ending $2350”
Total Liabilities.1
“LOAN FROM TES - Beginning $0 LOAN FROM TES - Ending $1653”
Raw XML Appendix147 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RON SEAGAL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3109987529 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 816 WALNUT ST A |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | INGLEWOOD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90301 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 311 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6523 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 12967 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2409 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1363 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 803 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7015 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 12967 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 603 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 3012 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 603 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 3012 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RON SEAGAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 492 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 492 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 9063 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO HELP PROMOTE THE PUBLIC WELFARE AND TO CREATE STRONGER, MORE PROSPEROUS COMMUNITIES BY TRAINING TEACHERS/TUTORS/MENTORS AND BY EMPOWERING STUDENTS WITH A STRONG AND GROWING EDUCTIONAL FOUNDATION OF KNOWLEDGE AND ABILITY AND BY SUPPORTING THE SUCCESSFUL USE OF THAT KNOWLEDGE OR ABILITY. THIS WOULD INCLUDE (BUT IS NOT LIMITED TO) FACILITATING THE ACQUISITION OF STUDY/LEARNING SKILLS, ACADEMICS, USEFUL KNOWLEDGE, EDUCATIONAL OPPORTUNITIES, FIELD TRIPS, SERVICE LEARNING, LIFE SKILLS, ART, CAREER TRAINING AND CAREER SKILLS, APPRENTICESHIPS, EFFORTS TO TRANSITION INDIVIDUALS INTO GAINFUL EMPLOYMENT. THE PURPOSE ALSO INCLUDES ADDRESSING ANY FACTORS THAT COULD POTENTIALLY INHIBIT AN INDIVIDUAL FROM OPTIMIM EDUCATIONAL DEVELOPMENT AND GROWTH, WHICH COULD INCLUDE (BUT IS NOT LIMITED TO) ADDRESSING DRUG USE/ADDICTION, HOMELESSNESS, PROPER NOURISHMENT, UNFAVORABLE SOCIOECONOMIC CONDITIONS, CRIMINAL ACTIVITY, VIOLENCE OR GANG ACTIVITY, AND ANTISOCIAL O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 132 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTING THE PUBLIC WELFARE AND CREATING STRONGER, MORE PROSPEROUS COMMUNITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 10558 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 12967 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 200 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4003 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 10558 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 10558 |
| IRS990EZ/TotalRevenueAmt | 0 | 12967 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://truecommunityeducation.org/ |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 12967 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9844 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 710 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 23521 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 23521 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 12967 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9844 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 710 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 23521 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 12967 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 9844 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 710 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 23521 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $1301 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VOLUNTEER HELP $5860 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOOKS, SUBSCRIPTIONS, REFERENC $766 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | OUTSIDE SERVICES $670 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | VOLUNTEER FOOD $251 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | WEBSITE $115 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | SUPPLIES $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Accounts Receivable - Beginning $492 Accounts Receivable - Ending $492 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Payable to Officers, Directors, Etc. - Beginning $200 Payable to Officers, Directors, Etc. - Ending $2350 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | LOAN FROM TES - Beginning $0 LOAN FROM TES - Ending $1653 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2020-11-06 18:47:13Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RON SEAGAL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | True Community Education Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRUE |
| ReturnHeader/Filer/EIN | 0 | 813213569 |
| ReturnHeader/Filer/PhoneNum | 0 | 3109987529 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2850 Angelo Drive |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Los Angeles |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90077 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 900678174 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WECHSLER ACCOUNTANCY CORPORATION |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9221 CORBIN AVE SUITE 110 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NORTHRIDGE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 913243392 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8187181040 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Gene Wechsler CPA |
| ReturnHeader/ReturnTs | 0 | 2020-08-02T13:31:27-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.