Civic Intelligence

Trinity Academy Inc.

990 • Fiscal year 2012 • EIN 56-1913131

Jul 01, 2011 to Jun 30, 2012 • Filed on Mar 26, 2013

10224 Baileywick Rd27613
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$9,332,408

Flat from 2012

Net Assets

Flat

$2,934,577

Flat from 2012

Liabilities

Flat

$6,397,831

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$4,016,729

Flat 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 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

2012

Assets$9,332,408
Liabilities$6,397,831
Net Assets$2,934,577

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: -$721,5522011Expenses 2012: $4,016,7292012Revenue 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

2012

Revenue-
Expenses$4,016,729
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Mar 26, 2013
Return Version
2011v1.5
Gross Receipts
$4,345,823
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
Raw XML AppendixShowing 400 of 502 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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IRS990ScheduleD/Form990ScheduleDPartXIV/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, 2011, 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 2008.
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IRS990ScheduleG/FundraiserActivityInformation/AddressUS/ZIPCode074137
IRS990ScheduleG/FundraiserActivityInformation/AmountRetainedByContractor049500
IRS990ScheduleG/FundraiserActivityInformation/FundraiserControlOfFunds00
IRS990ScheduleG/FundraiserActivityInformation/GrossReceipts0819085
IRS990ScheduleG/FundraiserActivityInformation/NameOfOrganization/BusinessNameLine10CHURCH FINANCIAL DEVELOPMENT
IRS990ScheduleG/FundraiserActivityInformation/NetToOrganization0769585
IRS990ScheduleG/SpecialFundraisingEvents0X
IRS990ScheduleG/TotalGrossReceipts0819085
IRS990ScheduleG/TotalNetToOrganization0769585
IRS990ScheduleG/TotalRetainedByContractors049500
IRS990/ScheduleJRequired00
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction014505
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction139572
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0PAYROLL
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction1PAYROLL
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson0ROBIN GOOLSBY
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NamePerson1HEATHER JEFFRIES
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0BOARD MEMBERS WIFE, TEACHING ASSISTANT
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship1BOARD MEMBERS WIFE, TEACHING ASSISTANT
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues10
IRS990ScheduleO/GeneralExplanation/Explanation0THE SCHOOL STARTED AN EXTENDED LEARNING PROGRAM TARGETED AT CURRENT STUDENTS (BUT OPEN TO NON-STUDENTS) OF AFTER SCHOOL AND SUMMER ENRICHMENT PROGRAMS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE 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 WILL PRESENT IT TO THE FULL BOARD PRIOR TO THE FILING OF THE FORM 990.
IRS990ScheduleO/GeneralExplanation/Explanation2EACH 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.
IRS990ScheduleO/GeneralExplanation/Explanation3THE 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.
IRS990ScheduleO/GeneralExplanation/Explanation4THE ORGANIZATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC MOSTLY UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5THE 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.

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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
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.33$6.40$2.93$4.02
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