Civic Intelligence

Trinity Oaks Christian Academy

990 • Fiscal year 2018 • EIN 36-3708857

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

233 Trinity Oaks WayCary, IL 60013

(847) 462-5971

Siviq Scores

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

Liabilities / Assets

95th percentile

1.28x

Higher debt load relative to assets than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.78x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

38th percentile

-0.5%

Higher net margin than 38% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

74th percentile

$115,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

95th percentile

91%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2018

Revenue Growth

43rd percentile

1.2%

Faster revenue growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2018

Assets

Up

$967,542

Up $828,101 (+594%) from 2015

Net Assets

Down

-$275,701

Down $106,507 (-63%) from 2015

Liabilities

Up

$1,243,243

Up $934,608 (+303%) from 2015

Revenue

Up

$1,595,354

Up $56,782 (+3.7%) from 2015

Expenses

Up

$1,602,916

Up $112,139 (+7.5%) from 2015

Net Income

Down

-$7,562

Down $55,357 (-116%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $876,211Liabilities 2012: $641,889Net Assets 2012: $234,3222012Assets 2013: $192,970Liabilities 2013: $306,656Net Assets 2013: -$113,6862013Assets 2014: $169,062Liabilities 2014: $342,050Net Assets 2014: -$172,9882014Assets 2015: $139,441Liabilities 2015: $308,635Net Assets 2015: -$169,1942015Assets 2018: $967,542Liabilities 2018: $1,243,243Net Assets 2018: -$275,7012018Assets 2020: $1,224,640Liabilities 2020: $1,244,714Net Assets 2020: -$20,0742020Assets 2021: $1,807,607Liabilities 2021: $1,530,218Net Assets 2021: $277,3892021Assets 2022: $2,263,009Liabilities 2022: $1,794,132Net Assets 2022: $468,8772022Assets 2023: $5,809,095Liabilities 2023: $4,204,738Net Assets 2023: $1,604,3572023Assets 2024: $3,944,388Liabilities 2024: $1,948,176Net Assets 2024: $1,996,2122024Assets 2025: $3,794,221Liabilities 2025: $1,819,111Net Assets 2025: $1,975,1102025

Highlighted filing

2018

Assets$967,542
Liabilities$1,243,243
Net Assets-$275,701

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,501,8132012Expenses 2013: $1,516,7682013Revenue 2014: $1,384,929Expenses 2014: $1,448,355Net Income 2014: -$63,4262014Revenue 2015: $1,538,572Expenses 2015: $1,490,777Net Income 2015: $47,7952015Revenue 2018: $1,595,354Expenses 2018: $1,602,916Net Income 2018: -$7,5622018Revenue 2020: $1,855,372Expenses 2020: $1,650,608Net Income 2020: $204,7642020Revenue 2021: $2,153,430Expenses 2021: $1,711,791Net Income 2021: $441,6392021Revenue 2022: $2,434,340Expenses 2022: $2,076,889Net Income 2022: $357,4512022Revenue 2023: $3,567,120Expenses 2023: $2,732,568Net Income 2023: $834,5522023Revenue 2024: $3,089,909Expenses 2024: $2,696,374Net Income 2024: $393,5352024Revenue 2025: $2,770,475Expenses 2025: $2,791,577Net Income 2025: -$21,1022025

Highlighted filing

2018

Revenue$1,595,354
Expenses$1,602,916
Net Income-$7,562
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$1,617,226
Mission and Program Overview

Mission

Trinity oaks christian academy partners with the christian home and church in the training of children maximizing their potential to lead christian lives according to biblical standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$708,781$882,302▲ $173,521
Cash and Non-Interest-Bearing Accounts$50,556$48,491▼ $2,065
Land, Buildings, and Equipment, Net$26,575$20,504▼ $6,071
Prepaid Expenses and Deferred Charges$804$3,245▲ $2,441
Total Assets$799,716$967,542▲ $167,826
Other Assets Total$13,000$13,000→ $0
Liabilities
Deferred Revenue$887,789$938,281▲ $50,492
Accounts Payable and Accrued Expenses$150,066$273,362▲ $123,296
Other Liabilities$30,000$31,600▲ $1,600
Total Liabilities$1,067,855$1,243,243▲ $175,388
Net Assets / Fund Balance
Temporarily Rstr Net Assets$43,630$28,014▼ $15,616
Unrestricted Net Assets$-311,769$-303,715▲ $8,054
Total Net Assets Fund Balance$-268,139$-275,701▼ $7,562
Total Liabilities and Net Assets / Fund Balance$799,716$967,542▲ $167,826

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$19,964$41,193$61,157
Equipment$540$55,907$56,447
Other Land Buildings$0$28,548$28,548
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul WrobbelHead of SchoolFT$115,000$115,000

Board Members and Trustees

NameTitle
Bill WalkiewiczChair/president
Curt BrookensVice Chairman
Ben KlimekTrustee
Nate FreemanTrustee
Shelly MccarthyTrustee
Tim BarakTrustee
Tim FraserTrustee
Dorothy MurdockSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$337,502
Program Service Revenue
$1,112,521
Investment Income
$0
Other Revenue
$145,331
All Other Contributions
$337,502
Change in Net Assets
$-7,562
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$991,720
Other Expenses$611,196
Total Fundraising Expense$34,258
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$525,038$170,424$17,534$712,996
Occupancy$125,416$55,701-$181,117
Current Officers, Directors, Trustees, and Key Employees$97,750$14,950$2,300$115,000
Other Employee Benefits$86,769$13,271$2,042$102,082
Other Expenses$49,322$24,293$5,843$73,615
Payroll Taxes$52,396$8,013$1,233$61,642
All Other Expenses$37,765--$37,765
Office Expenses$18,696$4,674-$23,370
Advertising$15,920-$5,306$21,226
Fees for Services Other-$9,130-$9,130
Depreciation Depletion-$6,071-$6,071
Fees for Services Accounting-$4,877-$4,877
Total Functional Expenses$1,173,053$395,605$34,258$1,602,916
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$167,203
Fundraising Direct Expenses$21,872
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Banquet$84,601$84,601-$84,601
Race for Education$46,727$46,727-$46,727
Total Events$167,203$167,203$21,872$145,331
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$31,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is reviewed by the treasurer and the bookkeeper of the organization before it is sent to the irs.

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

The board annually reads and reviews the conflict of interest policy. Each trustee then signs a statement of compliance with the conflict of interest policy.

Form 990, Part VI, Section B, line 15

The process for determining compensation is for the board of directors to gather information from other school districts and private schools and apply the pay structure to trinity oaks accordingly.

Form 990, Part VI, Section C, line 19

Reports are available at the administrative office of the organization by appointment.

Filing and Contact Details

Filer

Filer Name
Trinity Oaks Christian Academy
EIN
36-3708857
Phone
8474625971
Address
233 TRINITY OAKS WAY, CARY, IL 60013

Signing Officer

Name
Bill Walkiewicz
Title
Chairman/president
Phone
8474625971
Signed
2019-05-15

Organization Details

Principal Officer
Bill Walkiewicz
Formed
1990
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
0
Employees
45
Volunteers
0

Preparer

Firm
Jl Accounting Inc
Address
2525 HARDING LANE, WOODSTOCK, IL 60098
Preparer
John R Louise
Phone
8153381040
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The organization has adopted the provisions of asc topic 740, income taxes, relating to the accounting for uncertainty in income taxes. The organization files income tax returns in the us federal jurisidiction and the state of illinois. With few exceptions, the organization is no longer subject to us federal, state, and local tax examinations by tax authorities for years before 2014.

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IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-7562
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01112521
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt019964
IRS990ScheduleD/BuildingsGrp/DepreciationAmt041193
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt061157
IRS990ScheduleD/EquipmentGrp/BookValueAmt0540
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055907
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056447
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028548
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028548
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES, RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE US FEDERAL JURISIDICTION AND THE STATE OF ILLINOIS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO US FEDERAL, STATE, AND LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020504
IRS990ScheduleD/TotalLiabilityAmt031600
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY OF NONDISCRIMINATION IS CLEARLY PRINTED ON ALL SOLICITATION AND REGISTRATION FORMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021872
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FALL BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RACE FOR EDUCATION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt084601
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt046727
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt035875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0167203
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt084601
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt046727
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt035875
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0167203
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0145331
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08658
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt013214
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt021872
IRS990ScheduleG/MailSolicitationsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE TREASURER AND THE BOOKKEEPER OF THE ORGANIZATION BEFORE IT IS SENT TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ANNUALLY READS AND REVIEWS THE CONFLICT OF INTEREST POLICY. EACH TRUSTEE THEN SIGNS A STATEMENT OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS FOR DETERMINING COMPENSATION IS FOR THE BOARD OF DIRECTORS TO GATHER INFORMATION FROM OTHER SCHOOL DISTRICTS AND PRIVATE SCHOOLS AND APPLY THE PAY STRUCTURE TO TRINITY OAKS ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REPORTS ARE AVAILABLE AT THE ADMINISTRATIVE OFFICE OF THE ORGANIZATION BY APPOINTMENT.
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 B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt043630
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt028014
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0799716
IRS990/TotalAssetsEOYAmt0967542
IRS990/TotalAssetsGrp/BOYAmt0799716
IRS990/TotalAssetsGrp/EOYAmt0967542
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0337502
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt034258
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0395605
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01173053
IRS990/TotalFunctionalExpensesGrp/TotalAmt01602916
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01067855
IRS990/TotalLiabilitiesEOYAmt01243243
IRS990/TotalLiabilitiesGrp/BOYAmt01067855
IRS990/TotalLiabilitiesGrp/EOYAmt01243243
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-268139
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-275701
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01173053
IRS990/TotalProgramServiceRevenueAmt01112521
IRS990/TotalReportableCompFromOrgAmt0115000
IRS990/TotalRevenueGrp/ExclusionAmt0145331
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01112521
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01595354
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0799716
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0967542
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-311769
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-303715
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0233 TRINITY OAKS WAY
IRS990/USAddress/CityNm0CARY
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060013
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0TRINITY-OAKS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BILL WALKIEWICZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08474625971
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRINITY OAKS CHRISTIAN ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0TRIN
ReturnHeader/Filer/EIN0363708857

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