Civic Intelligence

Trinity Episcopal Church of Fort Worth Inc. Foundation

990 • Fiscal year 2022 • EIN 27-4026174

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

3401 Bellaire Dr SFort Worth, TX 76109

(817) 926-4631

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

96th percentile

80%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

1334%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,242,330

Up $243,396 (+12%) from 2021

Net Assets

Up

$2,242,330

Up $243,396 (+12%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$614,786

Up $571,914 (+1334%) from 2021

Expenses

Up

$121,899

Up $11,980 (+11%) from 2021

Net Income

Up

$492,887

Up $559,934 (+835%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $1,330,306Liabilities 2013: $0Net Assets 2013: $1,330,3062013Assets 2020: $1,850,159Liabilities 2020: $0Net Assets 2020: $1,850,1592020Assets 2021: $1,998,934Liabilities 2021: $0Net Assets 2021: $1,998,9342021Assets 2022: $2,242,330Liabilities 2022: $0Net Assets 2022: $2,242,3302022Assets 2023: $2,394,321Liabilities 2023: $0Net Assets 2023: $2,394,3212023Assets 2024: $2,876,259Liabilities 2024: $0Net Assets 2024: $2,876,2592024

Highlighted filing

2022

Assets$2,242,330
Liabilities$0
Net Assets$2,242,330

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,286,135Expenses 2013: $1,697Net Income 2013: $1,284,4382013Revenue 2020: $320,875Expenses 2020: $620,199Net Income 2020: -$299,3242020Revenue 2021: $42,872Expenses 2021: $109,919Net Income 2021: -$67,0472021Revenue 2022: $614,786Expenses 2022: $121,899Net Income 2022: $492,8872022Revenue 2023: $275,579Expenses 2023: $123,588Net Income 2023: $151,9912023Revenue 2024: $601,372Expenses 2024: $119,434Net Income 2024: $481,9382024

Highlighted filing

2022

Revenue$614,786
Expenses$121,899
Net Income$492,887
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$614,786
Mission and Program Overview

Mission

The foundation supports the ministries, programs, and activities of trinity episcopal church of fort worth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,636,328$2,140,784▲ $504,456
Accounts Receivable-$90,000-
Cash and Non-Interest-Bearing Accounts$362,606$11,546▼ $351,060
Total Assets$1,998,934$2,242,330▲ $243,396
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,794,395$1,582,977▼ $211,418
Net Assets Without Donor Restrictions$204,539$659,353▲ $454,814
Total Net Assets Fund Balance$1,998,934$2,242,330▲ $243,396
Total Liabilities and Net Assets / Fund Balance$1,998,934$2,242,330▲ $243,396

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,998,934$579,252▼ $213,957-$2,242,330
2021$1,850,159$8,556▲ $250,138-$1,998,934
2020$2,007,332$292,995▲ $170,031-$1,850,159
2019$2,117,799$91,115▲ $353,000-$2,007,332
2018$2,207,524$264,549▼ $56,354-$2,017,799
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry NannaChairman/director
Stuart MurffVice Chair/director
Jordan ParkerChancellor/director
Bill SlaterDirector
Caroline JamesDirector
Ellen HollandDirector
Geoffrey ButlerDirector
Matt PiersonDirector
Ray KeckDirector
Scott ShapardDirector
Cecelia SpeerSecretary/director
Dylan McneilTreasurer/director
Jackie FergusonAdvisor
Revenue and Support

Revenue Composition

Contributions and Grants
$579,252
Program Service Revenue
$0
Investment Income
$35,534
Other Revenue
$0
All Other Contributions
$579,252
Change in Net Assets
$492,887

Audited Revenue Reconciliation

Revenue per Audited Statements
$614,786
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-249,491
Total Revenue per Audited Statements
$365,295
Total Revenue per Form 990
$614,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$110,000
Other Expenses$11,899
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$110,000--$110,000
Office Expenses-$11,899-$11,899
Total Functional Expenses$110,000$11,899$0$121,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$121,899
Total Expenses per Audited Statements$121,899
Total Expenses per Form 990$121,899
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Trinity Episcopal ChurchFort Worth, TX501(c)(3)Outreach Cap & Scholarships$110,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990, as prepared by an independent cpa firm, is provided to all board members before it is filed.

Form 990, Part VI, Section B, Line 12C

Officers and directors sign annual conflict of interest disclosure statements that are reviewed by the board of directors. Opportunity to disclose any conflict of interest is given at each board meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Trinity Episcopal Church Foundation
EIN
27-4026174
Phone
8179264631
Address
3401 BELLAIRE DR S, FORT WORTH, TX 76109

Signing Officer

Name
Jerry Nanna
Title
Chairman
Phone
8179264631
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Nanna
Formed
2010
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
11

Preparer

Firm
Haynie & Company
Address
1785 WEST 2300 SOUTH, SALT LAKE CITY, UT 84119
Preparer
Andrew J Moore
Phone
2142960900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The independent members of the governing board assume responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

Trinity episcopal church foundation (tecf) maintains and safeguards the funds for the trinity episcopal church (tec) capital campaign and disburses these funds to tec as requested by the vestry of tec. The audit excludes from tecp's revenue and expenses any funds received or paid in relation to the tec capital campaign.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.29400
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt011899
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01998934
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0579252
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02242330
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0110000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-213957
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt04923
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01850159
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt08556
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01998934
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0104996
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0250138
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02007332
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0292995
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01850159
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0620199
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0170031
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt033014
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02117799
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt091115
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02007332
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0521568
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0353000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt011778
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02207524
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0264549
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02017799
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0386142
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-56354
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0121899
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-249491
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/RevenueNotReportedAmt0-249491
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0614786
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TRINITY EPISCOPAL CHURCH FOUNDATION (TECF) MAINTAINS AND SAFEGUARDS THE FUNDS FOR THE TRINITY EPISCOPAL CHURCH (TEC) CAPITAL CAMPAIGN AND DISBURSES THESE FUNDS TO TEC AS REQUESTED BY THE VESTRY OF TEC. THE AUDIT EXCLUDES FROM TECP'S REVENUE AND EXPENSES ANY FUNDS RECEIVED OR PAID IN RELATION TO THE TEC CAPITAL CAMPAIGN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.70600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0121899
IRS990ScheduleD/TotalRevenuePerForm990Amt0614786
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0365295
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0121899
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0110000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OUTREACH CAP & SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TRINITY EPISCOPAL CHURCH
IRS990ScheduleI/RecipientTable/RecipientEIN0751983835
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03401 BELLAIRE DRIVE SOUTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FORT WORTH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd076185
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AT LEAST ONE MEMBER OF TRINITY FOUNDATION'S BOARD OF DIRECTORS ALSO SERVES AS A MEMBER OF THE TRINITY EPISCOPAL CHURCH FINANCE COMMITTEE, WHERE TRINITY CHURCH EXPENSES AND USE OF FUNDS ARE REVIEWED ON A MONTHLY BASIS. ALSO, AT LEAST ONE MEMBER OF THE TRINITY FOUNDATION'S BOARD OF DIRECTORS SERVES AS A MEMBER OF THE TRINITY CHURCH'S VESTRY, WHICH IS THE GOVERNING BODY OF THE CHURCH. THE VESTRY MEETS MONTHLY TO, AMONGST OTHER TOPICS, DISCUSS THE MINISTRIES OF THE CHURCH AND APPROVE ANY GRANT REQUESTS MADE FROM THE CHURCH TO THE FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, AS PREPARED BY AN INDEPENDENT CPA FIRM, IS PROVIDED TO ALL BOARD MEMBERS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND DIRECTORS SIGN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS THAT ARE REVIEWED BY THE BOARD OF DIRECTORS. OPPORTUNITY TO DISCLOSE ANY CONFLICT OF INTEREST IS GIVEN AT EACH BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INDEPENDENT MEMBERS OF THE GOVERNING BOARD ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TRINITY EPISCOPAL CHURCH OF FORT WORTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0750983835
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(2)(A)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03401 BELLAIRE DR S
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FORT WORTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd076109
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0110000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TRINITY EPISCOPAL CHURCH OF FORT WORTH
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01998934
IRS990/TotalAssetsEOYAmt02242330
IRS990/TotalAssetsGrp/BOYAmt01998934
IRS990/TotalAssetsGrp/EOYAmt02242330
IRS990/TotalCompGreaterThan150KInd00

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