Civic Intelligence

Trinity Academy Inc.

990 • Fiscal year 2013 • EIN 56-1913131

Jul 01, 2012 to Jun 30, 2013 • Filed on Mar 04, 2014

10224 Baileywick Rd27613
Siviq Scores

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

Liabilities / Assets

81st percentile

0.72x

Higher debt load relative to assets than 81% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

13th percentile

-5.7%

Faster asset growth than 13% of similar nonprofits.

2013 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$8,804,002

Down $528,406 (-5.7%) from 2012

Net Assets

Down

$2,485,446

Down $449,131 (-15%) from 2012

Liabilities

Down

$6,318,556

Down $79,275 (-1.2%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$4,067,592

Up $50,863 (+1.3%) from 2012

Net Income

-

No earlier filing loaded for comparison.

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: $9,707,130Liabilities 2010: $6,380,095Net Assets 2010: $3,327,0352010Assets 2011: $9,156,490Liabilities 2011: $6,551,007Net Assets 2011: $2,605,4832011Assets 2012: $9,332,408Liabilities 2012: $6,397,831Net Assets 2012: $2,934,5772012Assets 2013: $8,804,002Liabilities 2013: $6,318,556Net Assets 2013: $2,485,4462013Assets 2014: $8,731,520Liabilities 2014: $6,448,945Net Assets 2014: $2,282,5752014Assets 2015: $9,622,104Liabilities 2015: $7,097,243Net Assets 2015: $2,524,8612015Assets 2016: $10,184,648Liabilities 2016: $7,637,969Net Assets 2016: $2,546,6792016Assets 2017: $10,501,948Liabilities 2017: $7,864,945Net Assets 2017: $2,637,0032017Assets 2018: $11,544,575Liabilities 2018: $8,902,747Net Assets 2018: $2,641,8282018Assets 2019: $12,063,480Liabilities 2019: $8,958,732Net Assets 2019: $3,104,7482019Assets 2020: $13,036,196Liabilities 2020: $8,941,695Net Assets 2020: $4,094,5012020Assets 2021: $17,362,092Liabilities 2021: $9,735,535Net Assets 2021: $7,626,5572021Assets 2022: $21,935,627Liabilities 2022: $10,208,170Net Assets 2022: $11,727,4572022Assets 2023: $27,380,314Liabilities 2023: $14,514,120Net Assets 2023: $12,866,1942023Assets 2024: $28,766,117Liabilities 2024: $15,173,614Net Assets 2024: $13,592,5032024Assets 2025: $34,078,420Liabilities 2025: $15,743,565Net Assets 2025: $18,334,8552025

Highlighted filing

2013

Assets$8,804,002
Liabilities$6,318,556
Net Assets$2,485,446

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,369,6252010Revenue 2011: $2,943,097Expenses 2011: $3,664,649Net Income 2011: -$721,5522011Revenue 2012: $4,345,823Expenses 2012: $4,016,729Net Income 2012: $329,0942012Expenses 2013: $4,067,5922013Revenue 2014: $3,789,487Expenses 2014: $3,992,358Net Income 2014: -$202,8712014Revenue 2015: $4,256,197Expenses 2015: $4,013,911Net Income 2015: $242,2862015Revenue 2016: $4,372,904Expenses 2016: $4,351,086Net Income 2016: $21,8182016Revenue 2017: $4,595,200Expenses 2017: $4,504,876Net Income 2017: $90,3242017Revenue 2018: $4,925,435Expenses 2018: $4,930,077Net Income 2018: -$4,6422018Revenue 2019: $5,566,590Expenses 2019: $5,104,170Net Income 2019: $462,4202019Revenue 2020: $7,221,666Expenses 2020: $6,231,913Net Income 2020: $989,7532020Revenue 2021: $10,443,650Expenses 2021: $6,911,594Net Income 2021: $3,532,0562021Revenue 2022: $11,897,503Expenses 2022: $7,861,111Net Income 2022: $4,036,3922022Revenue 2023: $9,841,052Expenses 2023: $8,723,779Net Income 2023: $1,117,2732023Revenue 2024: $11,702,264Expenses 2024: $10,991,643Net Income 2024: $710,6212024Revenue 2025: $16,541,224Expenses 2025: $11,929,556Net Income 2025: $4,611,6682025

Highlighted filing

2013

Revenue-
Expenses$4,067,592
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Mar 4, 2014
Return Version
2012v2.1
Gross Receipts
$3,618,461
Mission and Program Overview

Mission

The mission of trinity academy is to equip students to live with wisdom, excellence, and purpose in the modern world by offering an education grounded in the christian faith and the classical tradition.

Filing and Contact Details

Filer

EIN
56-1913131
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ACADEMY IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ACADEMY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ACADEMY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ACADEMY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ACADEMY BELIEVES IT IS NO LONGER SUBJECT TO INCOME EXAMINATION FOR YEARS PRIOR TO 2010.
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IRS990ScheduleE/MaintRacialCompositionRecords01
IRS990ScheduleE/MaintScholarshipsRecords01
IRS990ScheduleE/NondiscriminatoryPolicyStmt01
IRS990ScheduleE/PolicyPublViaBroadcastMedia01
IRS990ScheduleE/PolicyStatementInBrochuresEtc01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0148608
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg02670
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0DR ROBERT O LITTLEJOHN JR
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg03196
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0HEADMASTER
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0154474
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/HousingAllowanceOrResidence0X
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SubstantiationRequired00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenPolicyReTAndEExpenses01
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction013460
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction139522
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0PAYROLL
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction1PAYROLL
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson0ROBIN GOOLSBY
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson1HEATHER JEFFRIES

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$34.1$15.7$18.3$16.5$11.9$4.61
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.8$15.2$13.6$11.7$11.0$0.71
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.4$14.5$12.9$9.84$8.72$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$10.2$11.7$11.9$7.86$4.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.4$9.74$7.63$10.4$6.91$3.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$8.94$4.09$7.22$6.23$0.99
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$8.96$3.10$5.57$5.10$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$8.90$2.64$4.93$4.93$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$7.86$2.64$4.60$4.50$0.09
2016Detailed filing. Detailed filing data is available for this year.$10.2$7.64$2.55$4.37$4.35$0.02
2015Detailed filing. Detailed filing data is available for this year.$9.62$7.10$2.52$4.26$4.01$0.24
2014Detailed filing. Detailed filing data is available for this year.$8.73$6.45$2.28$3.79$3.99$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.80$6.32$2.49$4.07
2012Summary only. Only limited summary data is available for this year.$9.33$6.40$2.93$4.35$4.02$0.33
2011Summary only. Only limited summary data is available for this year.$9.16$6.55$2.61$2.94$3.66$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.71$6.38$3.33$3.37