Civic Intelligence

Trinity Academy Inc.

990 • Fiscal year 2018 • EIN 56-1913131

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 20, 2019

Organization ProfileWWW.TRINITYACADEMY.COM

View Organization Page

10224 Baileywick RdRaleigh, NC 27613

(919) 786-0114

Siviq Scores

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

Liabilities / Assets

80th percentile

0.77x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

1.81x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

31st percentile

-0.1%

Higher net margin than 31% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

59th percentile

$196,459

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

68th percentile

9.9%

Faster asset growth than 68% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.2%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$11,544,575

Up $1,042,627 (+9.9%) from 2017

Net Assets

Up

$2,641,828

Up $4,825 (+0.2%) from 2017

Liabilities

Up

$8,902,747

Up $1,037,802 (+13%) from 2017

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin31st percentile

Revenue

Up

$4,925,435

Up $330,235 (+7.2%) from 2017

Expenses

Up

$4,930,077

Up $425,201 (+9.4%) from 2017

Net Income

Down

-$4,642

Down $94,966 (-105%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

2018

Assets$11,544,575
Liabilities$8,902,747
Net Assets$2,641,828
Open 2018 Filing

Operations Trend

Revenue Growth57th percentile

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

2018

Revenue$4,925,435
Expenses$4,930,077
Net Income-$4,642
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 20, 2019
Return Version
2017v2.3
Gross Receipts
$4,974,547
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.

The mission of trinity academy of raleigh 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,399,152$8,055,533▲ $656,381
Savings and Temporary Cash Investments$2,951,397$3,182,860▲ $231,463
Cash and Non-Interest-Bearing Accounts$110,896$218,728▲ $107,832
Accounts Receivable$32,078$41,148▲ $9,070
Pledges and Grants Receivable$8,425$25,657▲ $17,232
Prepaid Expenses and Deferred Charges-$20,649-
Total Assets$10,501,948$11,544,575▲ $1,042,627
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,583,122$5,386,369▲ $803,247
Deferred Revenue$3,078,997$3,263,816▲ $184,819
Accounts Payable and Accrued Expenses$141,134$204,394▲ $63,260
Other Liabilities$53,732$48,117▼ $5,615
Unsecured Notes Loans Payable$7,960$51▼ $7,909
Total Liabilities$7,864,945$8,902,747▲ $1,037,802
Net Assets / Fund Balance
Unrestricted Net Assets$2,634,938$2,639,811▲ $4,873
Temporarily Rstr Net Assets$2,065$2,017▼ $48
Total Net Assets Fund Balance$2,637,003$2,641,828▲ $4,825
Total Liabilities and Net Assets / Fund Balance$10,501,948$11,544,575▲ $1,042,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,321,839$3,270,159$7,591,998
Land$3,211,517-$3,211,517
Other Land Buildings$438,885$289,027$727,912
Equipment$83,292$391,186$474,478
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Robert O Littlejohn JrHeadmasterFT$182,323$14,136$196,459
Jane CurrinBoard SecretaryFT$33,939$1,844$35,783
Veronica GreearBoard Member-$2,525-$2,525
Kim ReynoldsBoard Member-$1,750$88$1,838
Samantha KilpatrickVice Chair-$1,750-$1,750

Board Members and Trustees

NameTitle
Matt YoungBoard Chair
Kathryn AyersPast Board Chair
Alison AshleyBoard Member
Allin FoulkrodBoard Member
Dave KernBoard Member
David BulzanBoard Member
David HornerBoard Member
Lars KisslingBoard Member
Steve YagerBoard Member
Mark SlagaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$389,801
Program Service Revenue
$4,467,881
Investment Income
$2,526
Other Revenue
$65,227
All Other Contributions
$82,806
Change in Net Assets
$-4,642

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,925,435
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,656
Total Revenue per Audited Statements
$4,940,091
Total Revenue per Form 990
$4,925,435
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,366,162
Other Expenses$1,563,915
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,882,584$822,506-$2,705,090
Depreciation Depletion$365,818$31,476-$397,294
Occupancy$334,669$29,116-$363,785
Interest$222,420$42,235-$264,655
Payroll Taxes$136,162$59,489-$195,651
Other Employee Benefits$135,907$59,378-$195,285
Current Officers, Directors, Trustees, and Key Employees$111,448$48,692-$160,140
Pension Plan Contributions$76,551$33,445-$109,996
Office Expenses$107,543--$107,543
Other Expenses$61,009--$61,009
Insurance$49,887--$49,887
All Other Expenses$21,676$4,795-$26,471
Information Technology$22,163--$22,163
Fees for Services Accounting$6,000--$6,000
Fees for Services Other$3,068--$3,068
Total Functional Expenses$3,798,945$1,131,132$0$4,930,077

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,935,266
Expenses per Audited Statements$4,930,077
Total Expenses per Form 990$4,930,077
Expenses Not Reported on Form 990$5,189
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$50,413
Fundraising Direct Expenses$45,156
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Exceptional Evening$306,995-$28,518-
Dream Vacation Raffle$20,297$20,297-$20,297
Total Events$357,408$50,413$45,156$5,257
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Self Insured Health Insurance Liability$48,117
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 draft of the 990 is reviewed and approved by the finance committee of trinity's board of directors. Upon approval by the finance committee the chair of the finance committee presents it to the full board prior to the filing of the form 990.”

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

“Each director, principal officer and member of a committee with governing board-delegated powers shall annually sign a statement that affirms such person has received the conflict of interest policy and has read, understands and complies with the policy. Any interested person must disclose the existence of a possible conflict of interest and present all material facts to the directors and members of committees with governing board delegated powers. The governing board and committee members will discuss and determine the existence of a conflict of interest in the absence of the interested party.”

Form 990, Part VI, Section B, Line 15

“The board approves a contract with fixed indicators for compensation over a period of time. Annual review and compensation recommendations are done by the head support and evaluation committee. At the end of the contract the head support and evaluation committee will maintain their responsibility, though the board will be free to renegotiate terms of contract.”

Form 990, Part VI, Section C, Line 19

“The organization makes documents available to the public mostly upon request.”

Filing and Contact Details

Filer

Filer Name
Trinity Academy Inc
EIN
56-1913131
Phone
9197860114
Address
10224 BAILEYWICK RD, RALEIGH, NC 27613

Signing Officer

Name
Timothy Bridges
Title
Head of School
Phone
9197860114
Signed
2019-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Bridges
Formed
1996
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
148
Volunteers
207

Preparer

Firm
Thomas Judy & Tucker P a
Address
4700 FALLS OF NEUSE ROAD SUITE 400, RALEIGH, NC 27609
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The financial statement is generated in conjunction with trinity's chief financial officer. The draft is then presented to the finance committee of the board of directors to be reviewed and approved. Once it is approved, it is then presented to the governing board prior to being released.”

Financial Statement Notes

PART X, LINE 2:

“The 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, 2018, 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.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses not netted against revenues 5,189.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses not netted against revenues 5,189.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0306995
IRS990/FundraisingDirectExpensesAmt045156
IRS990/FundraisingGrossIncomeAmt050413
IRS990/GainOrLossGrp/OtherAmt0669
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt04625
IRS990/GrossReceiptsAmt04974547
IRS990/GrossRentsGrp/RealAmt044619
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt022163
IRS990/InformationTechnologyGrp/TotalAmt022163
IRS990/InsuranceGrp/ProgramServicesAmt049887
IRS990/InsuranceGrp/TotalAmt049887
IRS990/InterestGrp/ManagementAndGeneralAmt042235
IRS990/InterestGrp/ProgramServicesAmt0222420
IRS990/InterestGrp/TotalAmt0264655
IRS990/InvestmentIncomeGrp/ExclusionAmt01857
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01857
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03950372
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07399152
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08055533
IRS990/LandBldgEquipCostOrOtherBssAmt012005905
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03956
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF TRINITY ACADEMY OF RALEIGH 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04583122
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05386369
IRS990/NetAssetsOrFundBalancesBOYAmt02637003
IRS990/NetAssetsOrFundBalancesEOYAmt02641828
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0669
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0669
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05257
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05257
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt044619
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt044619
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt08210
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt029116
IRS990/OccupancyGrp/ProgramServicesAmt0334669
IRS990/OccupancyGrp/TotalAmt0363785
IRS990/OfficeExpensesGrp/ProgramServicesAmt0107543
IRS990/OfficeExpensesGrp/TotalAmt0107543
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt059378
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0135907
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0195285
IRS990/OtherExpensesGrp/Desc0ATHLETICS
IRS990/OtherExpensesGrp/Desc1ANNUAL FUND - STRATEGIC
IRS990/OtherExpensesGrp/Desc2CURRICULUM AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0125340
IRS990/OtherExpensesGrp/ProgramServicesAmt172465
IRS990/OtherExpensesGrp/ProgramServicesAmt264235
IRS990/OtherExpensesGrp/ProgramServicesAmt361009
IRS990/OtherExpensesGrp/TotalAmt0125340
IRS990/OtherExpensesGrp/TotalAmt172465
IRS990/OtherExpensesGrp/TotalAmt264235
IRS990/OtherExpensesGrp/TotalAmt361009
IRS990/OtherLiabilitiesGrp/BOYAmt053732
IRS990/OtherLiabilitiesGrp/EOYAmt048117
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt015351
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015351
IRS990/OtherRevenueTotalAmt015351
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0822506
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01882584
IRS990/OtherSalariesAndWagesGrp/TotalAmt02705090
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt059489
IRS990/PayrollTaxesGrp/ProgramServicesAmt0136162
IRS990/PayrollTaxesGrp/TotalAmt0195651
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt033445
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt076551
IRS990/PensionPlanContributionsGrp/TotalAmt0109996
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08425
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025657
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020649
IRS990/PrincipalOfficerNm0TIMOTHY BRIDGES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1INTERNATIONAL RESIDENC
IRS990/ProgramServiceRevenueGrp/Desc2EXTENDED LEARNING
IRS990/ProgramServiceRevenueGrp/Desc3ACTIVITY CENTER SPONSO
IRS990/ProgramServiceRevenueGrp/Desc4ATHLETIC CAMPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04160664
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1164000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt276814
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt354572
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt46950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04160664
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1164000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt276814
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt354572
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt46950
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0338882
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01565
IRS990/PYOtherExpensesAmt01472919
IRS990/PYOtherRevenueAmt025195
IRS990/PYProgramServiceRevenueAmt04229558
IRS990/PYRevenuesLessExpensesAmt090324
IRS990/PYSalariesCompEmpBnftPaidAmt03031957
IRS990/PYTotalExpensesAmt04504876
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04595200
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4642
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt044619
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04527851
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02951397
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03182860
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04321839
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03270159
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07591998
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt09467
IRS990ScheduleD/EquipmentGrp/BookValueAmt083292
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0391186
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0474478
IRS990ScheduleD/ExpensesNotReportedAmt05189
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04930077
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03211517
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03211517
IRS990ScheduleD/OtherExpensesIncludedAmt05189
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0438885
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0289027
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0727912
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048117
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SELF INSURED HEALTH INSURANCE LIABILITY
IRS990ScheduleD/OtherRevenueAmt05189
IRS990ScheduleD/RevenueNotReportedAmt014656
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04925435
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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, 2018, 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NOT NETTED AGAINST REVENUES 5,189.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES NOT NETTED AGAINST REVENUES 5,189.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08055533
IRS990ScheduleD/TotalExpensesPerForm990Amt04930077
IRS990ScheduleD/TotalLiabilityAmt048117
IRS990ScheduleD/TotalRevenuePerForm990Amt04925435
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04940091
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04935266
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,544,575
Liabilities
$8,902,747
Net assets
$2,641,828
Revenue
$4,925,435
Expenses
$4,930,077
Net income
-$4,642
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
2018Detailed filing. Detailed filing data is available for this year.$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