Civic Intelligence

Trinity Academy Inc.

990 • Fiscal year 2022 • EIN 39-1914032

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 31, 2023

W225n3131 Duplainville RdPewaukee, WI 53072-4155

(262) 695-2933

Siviq Scores

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

Liabilities / Assets

99th percentile

4.46x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

0.71x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

78th percentile

28%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

67th percentile

$50,000

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

89th percentile

67%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

22%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$116,519

Up $46,783 (+67%) from 2021

Net Assets

Up

-$403,595

Up $205,837 (+34%) from 2021

Liabilities

Down

$520,114

Down $159,054 (-23%) from 2021

Revenue

Up

$728,220

Up $131,028 (+22%) from 2021

Expenses

Down

$522,383

Down $73,675 (-12%) from 2021

Net Income

Up

$205,837

Up $204,703 (+18051%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2011: $1,745,434Liabilities 2011: $1,719,745Net Assets 2011: $25,6892011Assets 2012: $1,700,193Liabilities 2012: $1,872,202Net Assets 2012: -$172,0092012Assets 2013: $1,626,220Liabilities 2013: $1,646,839Net Assets 2013: -$20,6192013Assets 2014: $1,627,393Liabilities 2014: $1,709,038Net Assets 2014: -$81,6452014Assets 2015: $1,492,338Liabilities 2015: $1,690,056Net Assets 2015: -$197,7182015Assets 2016: $1,412,658Liabilities 2016: $1,704,843Net Assets 2016: -$292,1852016Assets 2017: $1,339,517Liabilities 2017: $1,772,774Net Assets 2017: -$433,2572017Assets 2018: $1,299,663Liabilities 2018: $1,785,392Net Assets 2018: -$485,7292018Assets 2019: $1,218,233Liabilities 2019: $1,612,662Net Assets 2019: -$394,4292019Assets 2020: $9,774Liabilities 2020: $620,340Net Assets 2020: -$610,5662020Assets 2021: $69,736Liabilities 2021: $679,168Net Assets 2021: -$609,4322021Assets 2022: $116,519Liabilities 2022: $520,114Net Assets 2022: -$403,5952022Assets 2023: $199,474Liabilities 2023: $476,150Net Assets 2023: -$276,6762023Assets 2024: $471,172Liabilities 2024: $423,901Net Assets 2024: $47,2712024Assets 2025: $275,643Liabilities 2025: $293,875Net Assets 2025: -$18,2322025

Highlighted filing

2022

Assets$116,519
Liabilities$520,114
Net Assets-$403,595

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,207,0222011Expenses 2012: $1,145,7872012Revenue 2013: $1,248,091Expenses 2013: $1,096,700Net Income 2013: $151,3912013Revenue 2014: $1,088,018Expenses 2014: $1,149,044Net Income 2014: -$61,0262014Revenue 2015: $1,069,369Expenses 2015: $1,185,442Net Income 2015: -$116,0732015Revenue 2016: $1,065,455Expenses 2016: $1,159,922Net Income 2016: -$94,4672016Revenue 2017: $848,851Expenses 2017: $989,923Net Income 2017: -$141,0722017Revenue 2018: $838,217Expenses 2018: $890,690Net Income 2018: -$52,4732018Revenue 2019: $966,840Expenses 2019: $875,541Net Income 2019: $91,2992019Revenue 2020: $505,122Expenses 2020: $721,259Net Income 2020: -$216,1372020Revenue 2021: $597,192Expenses 2021: $596,058Net Income 2021: $1,1342021Revenue 2022: $728,220Expenses 2022: $522,383Net Income 2022: $205,8372022Revenue 2023: $645,300Expenses 2023: $518,381Net Income 2023: $126,9192023Revenue 2024: $732,184Expenses 2024: $408,237Net Income 2024: $323,9472024Revenue 2025: $444,117Expenses 2025: $509,620Net Income 2025: -$65,5032025

Highlighted filing

2022

Revenue$728,220
Expenses$522,383
Net Income$205,837
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 31, 2023
Return Version
2021v4.0
Gross Receipts
$753,867
Mission and Program Overview

Mission

EDUCATIONAL SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$397,726$376,917▼ $20,809
Cash and Non-Interest-Bearing Accounts$53,818$92,868▲ $39,050
Accounts Receivable$15,913$23,646▲ $7,733
Investments Other Securities$5$5→ $0
Total Assets$69,736$116,519▲ $46,783
Liabilities
Other Liabilities$196,592$84,893▼ $111,699
Deferred Revenue$47,625$43,500▼ $4,125
Accounts Payable and Accrued Expenses$37,225$14,804▼ $22,421
Total Liabilities$679,168$520,114▼ $159,054
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-609,432$-403,595▲ $205,837
Total Net Assets Fund Balance$-609,432$-403,595▲ $205,837
Total Liabilities and Net Assets / Fund Balance$69,736$116,519▲ $46,783

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$123,204$123,204
Leasehold Improvements-$6,584$6,584
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan MitchellVice PresideFT$50,000$50,000
Dr Elizabeth MitchellDirectorFT$31,000$31,000

Board Members and Trustees

NameTitle
Dr Robin MitchellPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$493,484
Program Service Revenue
$194,734
Investment Income
$462
Other Revenue
$39,540
All Other Contributions
$414,082
Change in Net Assets
$205,837
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$315,534
Other Expenses$206,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$158,531$52,844-$211,375
Occupancy$88,842$2,129-$90,971
Current Officers, Directors, Trustees, and Key Employees$38,600$42,400-$81,000
Insurance$3,503$19,853-$23,356
Payroll Taxes$17,369$5,790-$23,159
Fees for Services Other$8,111$8,111-$16,222
Fees for Services Accounting-$16,053-$16,053
Office Expenses$6,071$9,433-$15,504
Advertising$3,581$6,365-$9,946
Depreciation Depletion$7,276--$7,276
Information Technology$3,419$3,419-$6,838
Interest$5,499$289-$5,788
All Other Expenses$3,088--$3,088
Fees for Services Legal-$1,959-$1,959
Other Expenses$1,100--$1,100
Total Functional Expenses$353,738$168,645$0$522,383
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$65,187
Fundraising Direct Expenses$25,647
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auctions & Rumm$36,194$36,194$280$35,914
Fall Dinner$18,109$18,109$451$17,658
Total Events$54,303$54,303$16,041$38,262
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dr Robin MitchellPresidentLoan to CompanyNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$397,726$376,917▼ $20,809
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
N/p - Washington Mutual Bond$51,200
N/p- Grace Investors$29,687
Payroll Liabilities$4,006
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Robin mitchell susan mitchell head master director spouse elizabeth mitchell robin & susan mitchell director directors child/parents susan mitchell robin mitchell director head master spouse

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Trinity Academy Inc
EIN
39-1914032
Phone
2626952933
Address
W225N3131 DUPLAINVILLE RD, PEWAUKEE, WI 53072-4155

Signing Officer

Name
Dr Robin Mitchell
Title
President
Phone
2626952933
Signed
2023-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Robin Mitchell
Voting Board Members
3
Independent Board Members
2
Employees
16
Volunteers
10

Preparer

Firm
Betters & Associates Sc
Address
21095 WATERTOWN RD, WAUKESHA, WI 53186-1806
Preparer
Michael P Betters
Phone
2627988160
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Assist in office duties, help teachers in classrooms and fundraising.

Raw XML Appendix392 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.

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IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL OF OUR PROMOTIONAL MATERIALS AND RECRUITMENT INFORMATION STATES WE ARE TOTALLY NON DISCRIMINATORY INCLUDING RACIALLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016041
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTIONS & RUMM
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt036194
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt018109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054303
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt036194
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt018109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt054303
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038262
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0731
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0280
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0451
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08247
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt07063
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt015310
IRS990ScheduleG/StatesWhereGamingConductedCd0WI
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DR ROBIN MITCHELL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN TO COMPANY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0376917
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NP- DR ROBIN MITCHELL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0376917
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASSIST IN OFFICE DUTIES, HELP TEACHERS IN CLASSROOMS AND FUNDRAISING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROBIN MITCHELL SUSAN MITCHELL HEAD MASTER DIRECTOR SPOUSE ELIZABETH MITCHELL ROBIN & SUSAN MITCHELL DIRECTOR DIRECTORS CHILD/PARENTS SUSAN MITCHELL ROBIN MITCHELL DIRECTOR HEAD MASTER SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0116519
IRS990/TotalAssetsGrp/BOYAmt069736
IRS990/TotalAssetsGrp/EOYAmt0116519
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0493484
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168645
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0353738
IRS990/TotalFunctionalExpensesGrp/TotalAmt0522383
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0679168
IRS990/TotalLiabilitiesEOYAmt0520114
IRS990/TotalLiabilitiesGrp/BOYAmt0679168
IRS990/TotalLiabilitiesGrp/EOYAmt0520114
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-609432
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-403595
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt023
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt023
IRS990/TotalProgramServiceExpensesAmt0353738
IRS990/TotalProgramServiceRevenueAmt0194734
IRS990/TotalReportableCompFromOrgAmt081000
IRS990/TotalRevenueGrp/ExclusionAmt039540
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0195196
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0728220
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt069736
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0116519
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02545 N SWAN BLVD
IRS990/USAddress/CityNm0WAUWATOSA
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0532261844
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.TRINITYACADEMY.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR ROBIN MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02626952933
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRINITY ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIN
ReturnHeader/Filer/EIN0391914032
ReturnHeader/Filer/PhoneNum02626952933
ReturnHeader/Filer/USAddress/AddressLine1Txt0W225N3131 DUPLAINVILLE RD
ReturnHeader/Filer/USAddress/CityNm0PEWAUKEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0530724155
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391783820
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BETTERS & ASSOCIATES SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021095 WATERTOWN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUKESHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0531861806
ReturnHeader/PreparerPersonGrp/PhoneNum02627988160
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P BETTERS
ReturnHeader/ReturnTs02023-03-06T19:39:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MITCHELL
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.28$0.29$0.02$0.44$0.51$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.42$0.05$0.73$0.41$0.32
2023Detailed filing. Detailed filing data is available for this year.$0.20$0.48$0.28$0.65$0.52$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.52$0.40$0.73$0.52$0.21
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.68$0.61$0.60$0.60$0.00
2020Summary only. Only limited summary data is available for this year.$0.01$0.62$0.61$0.51$0.72$0.22
2019Summary only. Only limited summary data is available for this year.$1.22$1.61$0.39$0.97$0.88$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.30$1.79$0.49$0.84$0.89$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.34$1.77$0.43$0.85$0.99$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.41$1.70$0.29$1.07$1.16$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.49$1.69$0.20$1.07$1.19$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.63$1.71$0.08$1.09$1.15$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$1.65$0.02$1.25$1.10$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$1.87$0.17$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$1.72$0.03$1.21