Civic Intelligence

Trinity Academy Incorporated

990 • Fiscal year 2018 • EIN 48-1137874

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

12345 E 21st St NWichita, KS 67206

(316) 634-0909

Siviq Scores

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

Liabilities / Assets

26th percentile

0.05x

Higher debt load relative to assets than 26% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

39th percentile

0.15x

Higher debt load relative to revenue than 39% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

24th percentile

-3.7%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

16th percentile

$72,224

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

41st percentile

-0.1%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-17%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$22,149,147

Down $29,143 (-0.1%) from 2017

Net Assets

Down

$21,109,773

Down $257,391 (-1.2%) from 2017

Liabilities

Up

$1,039,374

Up $228,248 (+28%) from 2017

Revenue

Down

$6,928,424

Down $1,393,757 (-17%) from 2017

Expenses

Up

$7,185,815

Up $921,704 (+15%) from 2017

Net Income

Down

-$257,391

Down $2,315,461 (-113%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $9,944,609Liabilities 2010: $405,077Net Assets 2010: $9,539,5322010Assets 2011: $10,134,498Liabilities 2011: $457,308Net Assets 2011: $9,677,1902011Assets 2012: $10,183,692Liabilities 2012: $485,620Net Assets 2012: $9,698,0722012Assets 2013: $12,450,595Liabilities 2013: $511,099Net Assets 2013: $11,939,4962013Assets 2014: $14,241,366Liabilities 2014: $643,573Net Assets 2014: $13,597,7932014Assets 2015: $14,413,500Liabilities 2015: $551,367Net Assets 2015: $13,862,1332015Assets 2016: $20,664,107Liabilities 2016: $1,046,268Net Assets 2016: $19,617,8392016Assets 2017: $22,178,290Liabilities 2017: $811,126Net Assets 2017: $21,367,1642017Assets 2018: $22,149,147Liabilities 2018: $1,039,374Net Assets 2018: $21,109,7732018Assets 2019: $22,806,759Liabilities 2019: $1,205,744Net Assets 2019: $21,601,0152019Assets 2020: $24,858,245Liabilities 2020: $1,772,919Net Assets 2020: $23,085,3262020Assets 2021: $26,619,610Liabilities 2021: $2,388,926Net Assets 2021: $24,230,6842021Assets 2022: $29,875,202Liabilities 2022: $4,175,696Net Assets 2022: $25,699,5062022Assets 2023: $31,638,487Liabilities 2023: $4,210,906Net Assets 2023: $27,427,5812023Assets 2024: $32,582,367Liabilities 2024: $4,670,051Net Assets 2024: $27,912,3162024

Highlighted filing

2018

Assets$22,149,147
Liabilities$1,039,374
Net Assets$21,109,773

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,064,3122010Expenses 2011: $3,213,2132011Expenses 2012: $3,385,1002012Revenue 2013: $5,953,415Expenses 2013: $3,711,991Net Income 2013: $2,241,4242013Revenue 2014: $5,638,701Expenses 2014: $3,980,404Net Income 2014: $1,658,2972014Revenue 2015: $4,529,039Expenses 2015: $4,264,699Net Income 2015: $264,3402015Revenue 2016: $10,208,688Expenses 2016: $4,452,982Net Income 2016: $5,755,7062016Revenue 2017: $8,322,181Expenses 2017: $6,264,111Net Income 2017: $2,058,0702017Revenue 2018: $6,928,424Expenses 2018: $7,185,815Net Income 2018: -$257,3912018Revenue 2019: $8,431,922Expenses 2019: $7,940,680Net Income 2019: $491,2422019Revenue 2020: $9,213,499Expenses 2020: $7,956,614Net Income 2020: $1,256,8852020Revenue 2021: $9,316,406Expenses 2021: $8,171,048Net Income 2021: $1,145,3582021Revenue 2022: $10,059,068Expenses 2022: $8,590,246Net Income 2022: $1,468,8222022Revenue 2023: $10,452,215Expenses 2023: $8,961,058Net Income 2023: $1,491,1572023Revenue 2024: $10,236,899Expenses 2024: $9,757,164Net Income 2024: $479,7352024

Highlighted filing

2018

Revenue$6,928,424
Expenses$7,185,815
Net Income-$257,391
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$6,958,676
Mission and Program Overview

Mission

Trinity Academy is dedicated to partner with parents in providing a Christ-centered, college-preparatory education for students committed to spiritual growth and academic excellence.

To partner with parents in providing christ-centered, college-preparatory education for students committed to spiritual growth and academic excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,929,128$19,451,832▼ $477,296
Cash and Non-Interest-Bearing Accounts$1,488,114$1,956,336▲ $468,222
Savings and Temporary Cash Investments$710,018$699,167▼ $10,851
Inventories for Sale or Use$37,221$38,974▲ $1,753
Accounts Receivable$13,809$2,838▼ $10,971
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$22,178,290$22,149,147▼ $29,143
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$811,126$1,039,374▲ $228,248
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$811,126$1,039,374▲ $228,248
Net Assets / Fund Balance
Unrestricted Net Assets$21,367,164$21,109,773▼ $257,391
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$21,367,164$21,109,773▼ $257,391
Total Liabilities and Net Assets / Fund Balance$22,178,290$22,149,147▼ $29,143

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,873,893$3,817,412$16,691,305
Land$5,691,480-$5,691,480
Other Land Buildings$678,934$225,165$904,099
Equipment$207,525$665,792$873,317
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kneeland BrownPresidentFT$45,725$26,499$72,224

Board Members and Trustees

NameTitle
Peter OchsChair/treasurer/board Member
Chad EdwardsBoard Member
David RogersSecretary/board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,132,623
Program Service Revenue
$5,705,243
Investment Income
$5,316
Other Revenue
$85,242
All Other Contributions
$1,085,200
Change in Net Assets
$-257,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,944,810
Other Expenses$2,215,666
Grants and Similar Amounts Paid$1,025,339
Total Fundraising Expense$21,867
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,905,057$1,173,727-$3,078,784
Grants to Domestic Individuals$1,025,339--$1,025,339
Depreciation Depletion$547,076$182,359-$729,435
Other Employee Benefits$242,304$149,286-$391,590
Occupancy$245,510$81,837-$327,346
Payroll Taxes$148,488$88,355-$236,843
Office Expenses$159,104$53,035-$212,139
Current Officers, Directors, Trustees, and Key Employees-$127,926-$127,926
Pension Plan Contributions$76,511$33,156-$109,667
Information Technology$73,067$24,356-$97,422
Insurance$40,661$13,554-$54,214
All Other Expenses$4,548$1,516$21,867$27,931
Advertising$19,649$6,550-$26,199
Travel$16,042$5,347-$21,389
Other Expenses$10,450--$10,450
Conferences and Meetings$7,428$2,371-$9,799
Fees for Services Accounting-$2,060-$2,060
Total Functional Expenses$5,218,514$1,945,434$21,867$7,185,815
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,273
Fundraising Direct Expenses$21,919
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pancake/auction$103,171$86,818$8,692$78,126
Golf Classic$35,525$4,455$511$3,944
Total Events$138,696$91,273$21,919$69,354
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
Kneeland BrownOfficerQualified Tuition ReductionNo$15,400

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the form 990. The form 990 is then reviewed by the director of operations. The director of operations reviews the form 990 with the full board. The director of operations is available to answer any questions or provide clarification. The final form 990, with all required schedules, is provided to all voting members of the board prior to filing the 990.

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

If a trustee believes that he or she may have a conflict of interest with respect to any particular transaction, he or she shall promptly and fully disclose the potential conflict to the chairman of the board of trustees. If the chairman determines that there is no conflict of interest with respect to a particular transaction involving a trustee, the chairman need not notify the board of trustees, but the chairman shall keep a record of the decision which shall be available to board members upon request. If the chairman determines that there is a potential conflict with respect to a trustee, the conflict shall be reported to the full board, and the affected trustee shall answer any questions about the matter that other board members may have. If the particular transaction requires a vote of the board, or of one of its committees, the affected trustee shall be counted for purposes of a quorum, but he or she shall not vote on the matter, and shall not be present for the discussion or vote on the matter. The minutes shall reflect the fact that the trustee did not vote on the matter and was not present for the discussion or vote on the matter. In any case in which the potential conflict with respect to a particular transaction involves the chairman, the chairman shall notify one of the other trustees officers, the conflict shall then be reported to the full board, and the chairman shall answer any questions about the matter that other board members may have. If the particular transaction requires a vote of the board, or one of its committees, the chairman shall be counted for purposes of a quorum, but he or she shall not vote on the matter and shall not be present for the discussion or vote on the matter. The minutes shall reflect the fact that the chairman did not vote on the matter and was not present for the discussion or vote on the matter.

Form 990, Part VI, Section B, Line 15A

The board of trustees determined the president's salary at time of hiring. This process included a review of the compensation of comparable positions in christian schools. The board completes an annual performance review for this position and makes compensation adjustments as deemed appropriate.

Form 990, Part VI, Section C, Line 19

The school's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Trinity Academy Incorporated
EIN
48-1137874
In Care Of
% CATHY CASTLE
Phone
3166340909
Address
12345 E 21ST ST N, WICHITA, KS 67206

Signing Officer

Name
Cathy Castle
Title
Director of Operations
Phone
3166340909
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Ochs
Formed
1993
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
3
Employees
129
Volunteers
370

Preparer

Firm
Bkd Llp
Address
1551 N WATERFRONT PKWY STE 300, WICHITA, KS 67206-6601
Preparer
Shawnell Linot
Phone
3162652811
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Education - trinity academy provides academic excellence with a focus on spiritual growth and development. Students have the option to earn up to 60 hours college credit for classes taken on our campus, taught by our teachers. Seniors graduate with an average of 24 hours of college credit. Athletics -trinity offers over twenty christ-centered athletic programs for the high school and five for the new middle school that develop biblical character qualities and athletic skills in students. More than two-thirds of the student body participates in athletics. Our teams have won multiple state championship titles. Several athletes sign athletic scholarships to universities through the highest division level. Extra-curricular activities - trinity provides co-curricular activities that develop biblical character qualities through leadership, service, and outreach. This includes providing meals and supplies to the homeless in our city once a month, providing food for needy families during the holidays, and traveling to puerto rico and nicaragua to spread the gospel. Students are competitive in forensics at the state and national level. Small groups provide opportunities for both leadership development and spiritual growth for students.

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IRS990/Desc0TRINITY ACADEMY SEEKS TO TRAIN COLLEGE-BOUND STUDENTS BY PROVIDING CHRIST-CENTERED COLLEGE PREPARATORY EDUCATION, ATHLETICS TRAINING, AND MANY EXTRA-CURRICULAR ACTIVITIES. THE PURPOSE IS TO TRAIN STUDENTS TO KNOW, HONOR, AND LOVE JESUS CHRIST BY IMPARTING TRUTH, FAITH, AND CHARACTER, WHETHER IN THE CLASSROOM, ON THE ATHLETIC FIELD, OR IN EXTRA-CURRICULAR ACTIVITIES.TRINITY HAD 489 STUDENTS IN GRADES K-12 THIS YEAR. FOR MORE INFORMATION, SEE SCHEDULE O.
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IRS990/MissionDesc0TO PARTNER WITH PARENTS IN PROVIDING CHRIST-CENTERED, COLLEGE-PREPARATORY EDUCATION FOR STUDENTS COMMITTED TO SPIRITUAL GROWTH AND ACADEMIC EXCELLENCE.
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0242304
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0391590
IRS990/OtherExpensesGrp/Desc0SCHOOL PROGRAMS & ACTIV
IRS990/OtherExpensesGrp/Desc1LUNCH PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2CURRICULUM COST
IRS990/OtherExpensesGrp/Desc3FEES AND DUES
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IRS990/OtherExpensesGrp/ProgramServicesAmt2139571
IRS990/OtherExpensesGrp/ProgramServicesAmt310450
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IRS990/OtherExpensesGrp/TotalAmt1192218
IRS990/OtherExpensesGrp/TotalAmt2139571
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1ATHLETICS PROGRAMS & ACTIVITIES
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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt012873893
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03817412
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016691305
IRS990ScheduleD/EquipmentGrp/BookValueAmt0207525
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0665792
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0873317
IRS990ScheduleD/LandGrp/BookValueAmt05691480
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05691480
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0678934
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0225165
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0904099
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019451832
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE LOCAL NEWSPAPER (WICHITA EAGLE) DURING THE WEEKEND EDITION OF THE PAPER.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt016353
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt031070
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PANCAKE/AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF CLASSIC
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0495
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07386
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0103171
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt035525
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0138696
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt086818
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04455
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt091273
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IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt0401
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0511
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt04929
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04929
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01025339
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0280
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TRINITY ACADEMY GIVES FINANCIAL AID AND SCHOLARSHIP AWARDS EACH YEAR, BASED ON FINANCIAL AID STATUS AND ACADEMIC SCORES. THESE FUNDS ARE APPLIED DIRECTLY TO THE STUDENTS' TUITION BALANCES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0KNEELAND BROWN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt015400
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0QUALIFIED TUITION REDUCTION
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDUCATION - TRINITY ACADEMY PROVIDES ACADEMIC EXCELLENCE WITH A FOCUS ON SPIRITUAL GROWTH AND DEVELOPMENT. STUDENTS HAVE THE OPTION TO EARN UP TO 60 HOURS COLLEGE CREDIT FOR CLASSES TAKEN ON OUR CAMPUS, TAUGHT BY OUR TEACHERS. SENIORS GRADUATE WITH AN AVERAGE OF 24 HOURS OF COLLEGE CREDIT. ATHLETICS -TRINITY OFFERS OVER TWENTY CHRIST-CENTERED ATHLETIC PROGRAMS FOR THE HIGH SCHOOL AND FIVE FOR THE NEW MIDDLE SCHOOL THAT DEVELOP BIBLICAL CHARACTER QUALITIES AND ATHLETIC SKILLS IN STUDENTS. MORE THAN TWO-THIRDS OF THE STUDENT BODY PARTICIPATES IN ATHLETICS. OUR TEAMS HAVE WON MULTIPLE STATE CHAMPIONSHIP TITLES. SEVERAL ATHLETES SIGN ATHLETIC SCHOLARSHIPS TO UNIVERSITIES THROUGH THE HIGHEST DIVISION LEVEL. EXTRA-CURRICULAR ACTIVITIES - TRINITY PROVIDES CO-CURRICULAR ACTIVITIES THAT DEVELOP BIBLICAL CHARACTER QUALITIES THROUGH LEADERSHIP, SERVICE, AND OUTREACH. THIS INCLUDES PROVIDING MEALS AND SUPPLIES TO THE HOMELESS IN OUR CITY ONCE A MONTH, PROVIDING FOOD FOR NEEDY FAMILIES DURING THE HOLIDAYS, AND TRAVELING TO PUERTO RICO AND NICARAGUA TO SPREAD THE GOSPEL. STUDENTS ARE COMPETITIVE IN FORENSICS AT THE STATE AND NATIONAL LEVEL. SMALL GROUPS PROVIDE OPPORTUNITIES FOR BOTH LEADERSHIP DEVELOPMENT AND SPIRITUAL GROWTH FOR STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE DIRECTOR OF OPERATIONS. THE DIRECTOR OF OPERATIONS REVIEWS THE FORM 990 WITH THE FULL BOARD. THE DIRECTOR OF OPERATIONS IS AVAILABLE TO ANSWER ANY QUESTIONS OR PROVIDE CLARIFICATION. THE FINAL FORM 990, WITH ALL REQUIRED SCHEDULES, IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF A TRUSTEE BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST WITH RESPECT TO ANY PARTICULAR TRANSACTION, HE OR SHE SHALL PROMPTLY AND FULLY DISCLOSE THE POTENTIAL CONFLICT TO THE CHAIRMAN OF THE BOARD OF TRUSTEES. IF THE CHAIRMAN DETERMINES THAT THERE IS NO CONFLICT OF INTEREST WITH RESPECT TO A PARTICULAR TRANSACTION INVOLVING A TRUSTEE, THE CHAIRMAN NEED NOT NOTIFY THE BOARD OF TRUSTEES, BUT THE CHAIRMAN SHALL KEEP A RECORD OF THE DECISION WHICH SHALL BE AVAILABLE TO BOARD MEMBERS UPON REQUEST. IF THE CHAIRMAN DETERMINES THAT THERE IS A POTENTIAL CONFLICT WITH RESPECT TO A TRUSTEE, THE CONFLICT SHALL BE REPORTED TO THE FULL BOARD, AND THE AFFECTED TRUSTEE SHALL ANSWER ANY QUESTIONS ABOUT THE MATTER THAT OTHER BOARD MEMBERS MAY HAVE. IF THE PARTICULAR TRANSACTION REQUIRES A VOTE OF THE BOARD, OR OF ONE OF ITS COMMITTEES, THE AFFECTED TRUSTEE SHALL BE COUNTED FOR PURPOSES OF A QUORUM, BUT HE OR SHE SHALL NOT VOTE ON THE MATTER, AND SHALL NOT BE PRESENT FOR THE DISCUSSION OR VOTE ON THE MATTER. THE MINUTES SHALL REFLECT THE FACT THAT THE TRUSTEE DID NOT VOTE ON THE MATTER AND WAS NOT PRESENT FOR THE DISCUSSION OR VOTE ON THE MATTER. IN ANY CASE IN WHICH THE POTENTIAL CONFLICT WITH RESPECT TO A PARTICULAR TRANSACTION INVOLVES THE CHAIRMAN, THE CHAIRMAN SHALL NOTIFY ONE OF THE OTHER TRUSTEES OFFICERS, THE CONFLICT SHALL THEN BE REPORTED TO THE FULL BOARD, AND THE CHAIRMAN SHALL ANSWER ANY QUESTIONS ABOUT THE MATTER THAT OTHER BOARD MEMBERS MAY HAVE. IF THE PARTICULAR TRANSACTION REQUIRES A VOTE OF THE BOARD, OR ONE OF ITS COMMITTEES, THE CHAIRMAN SHALL BE COUNTED FOR PURPOSES OF A QUORUM, BUT HE OR SHE SHALL NOT VOTE ON THE MATTER AND SHALL NOT BE PRESENT FOR THE DISCUSSION OR VOTE ON THE MATTER. THE MINUTES SHALL REFLECT THE FACT THAT THE CHAIRMAN DID NOT VOTE ON THE MATTER AND WAS NOT PRESENT FOR THE DISCUSSION OR VOTE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF TRUSTEES DETERMINED THE PRESIDENT'S SALARY AT TIME OF HIRING. THIS PROCESS INCLUDED A REVIEW OF THE COMPENSATION OF COMPARABLE POSITIONS IN CHRISTIAN SCHOOLS. THE BOARD COMPLETES AN ANNUAL PERFORMANCE REVIEW FOR THIS POSITION AND MAKES COMPENSATION ADJUSTMENTS AS DEEMED APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.6$4.67$27.9$10.2$9.76$0.48
2023Detailed filing. Detailed filing data is available for this year.$31.6$4.21$27.4$10.5$8.96$1.49
2022Detailed filing. Detailed filing data is available for this year.$29.9$4.18$25.7$10.1$8.59$1.47
2021Detailed filing. Detailed filing data is available for this year.$26.6$2.39$24.2$9.32$8.17$1.15
2020Detailed filing. Detailed filing data is available for this year.$24.9$1.77$23.1$9.21$7.96$1.26
2019Detailed filing. Detailed filing data is available for this year.$22.8$1.21$21.6$8.43$7.94$0.49
2018Detailed filing. Detailed filing data is available for this year.$22.1$1.04$21.1$6.93$7.19$0.26
2017Detailed filing. Detailed filing data is available for this year.$22.2$0.81$21.4$8.32$6.26$2.06
2016Detailed filing. Detailed filing data is available for this year.$20.7$1.05$19.6$10.2$4.45$5.76
2015Detailed filing. Detailed filing data is available for this year.$14.4$0.55$13.9$4.53$4.26$0.26
2014Detailed filing. Detailed filing data is available for this year.$14.2$0.64$13.6$5.64$3.98$1.66
2013Summary only. Only limited summary data is available for this year.$12.5$0.51$11.9$5.95$3.71$2.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$0.49$9.70$3.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$0.46$9.68$3.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.94$0.41$9.54$3.06