Civic Intelligence

Trinity School of Durham and Chapel Hill Inc.

990 • Fiscal year 2019 • EIN 56-1926923

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 17, 2019

4011 Pickett RoadDurham, NC 27705-5335

(919) 402-8262

Siviq Scores

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

Liabilities / Assets

55th percentile

0.38x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.60x

Higher debt load relative to revenue than 68% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Net Margin

89th percentile

33%

Higher net margin than 89% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$215,420

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2019 filings • NTEE B • $10M-$25M nonprofits • Source year 2019

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

62%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$21,786,153

Up $4,613,137 (+27%) from 2018

Net Assets

Up

$13,525,759

Up $4,265,886 (+46%) from 2018

Liabilities

Up

$8,260,394

Up $347,251 (+4.4%) from 2018

Revenue

Up

$13,738,952

Up $5,237,990 (+62%) from 2018

Expenses

Up

$9,248,390

Up $783,494 (+9.3%) from 2018

Net Income

Up

$4,490,562

Up $4,454,496 (+12351%) from 2018

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: $15,646,661Liabilities 2010: $9,368,257Net Assets 2010: $6,278,4042010Assets 2011: $15,518,190Liabilities 2011: $9,355,879Net Assets 2011: $6,162,3112011Assets 2012: $16,323,466Liabilities 2012: $9,599,903Net Assets 2012: $6,723,5632012Assets 2013: $16,036,756Liabilities 2013: $9,347,189Net Assets 2013: $6,689,5672013Assets 2014: $16,978,018Liabilities 2014: $9,337,855Net Assets 2014: $7,640,1632014Assets 2015: $18,451,370Liabilities 2015: $9,161,323Net Assets 2015: $9,290,0472015Assets 2016: $17,626,547Liabilities 2016: $8,500,371Net Assets 2016: $9,126,1762016Assets 2017: $17,557,208Liabilities 2017: $8,455,983Net Assets 2017: $9,101,2252017Assets 2018: $17,173,016Liabilities 2018: $7,913,143Net Assets 2018: $9,259,8732018Assets 2019: $21,786,153Liabilities 2019: $8,260,394Net Assets 2019: $13,525,7592019Assets 2020: $21,906,629Liabilities 2020: $7,392,497Net Assets 2020: $14,514,1322020Assets 2021: $26,183,990Liabilities 2021: $11,651,649Net Assets 2021: $14,532,3412021Assets 2022: $25,992,437Liabilities 2022: $11,618,115Net Assets 2022: $14,374,3222022Assets 2023: $25,952,391Liabilities 2023: $12,254,543Net Assets 2023: $13,697,8482023Assets 2024: $27,709,401Liabilities 2024: $11,741,898Net Assets 2024: $15,967,5032024Assets 2025: $35,621,207Liabilities 2025: $11,171,874Net Assets 2025: $24,449,3332025

Highlighted filing

2019

Assets$21,786,153
Liabilities$8,260,394
Net Assets$13,525,759

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $4,872,8912010Revenue 2011: $5,088,540Expenses 2011: $5,450,284Net Income 2011: -$361,7442011Expenses 2012: $5,895,7172012Revenue 2013: $6,522,153Expenses 2013: $6,699,499Net Income 2013: -$177,3462013Revenue 2014: $7,768,384Expenses 2014: $6,837,084Net Income 2014: $931,3002014Revenue 2015: $8,690,284Expenses 2015: $7,153,327Net Income 2015: $1,536,9572015Revenue 2016: $8,108,517Expenses 2016: $8,179,625Net Income 2016: -$71,1082016Revenue 2017: $7,998,708Expenses 2017: $8,282,229Net Income 2017: -$283,5212017Revenue 2018: $8,500,962Expenses 2018: $8,464,896Net Income 2018: $36,0662018Revenue 2019: $13,738,952Expenses 2019: $9,248,390Net Income 2019: $4,490,5622019Revenue 2020: $9,036,126Expenses 2020: $7,904,165Net Income 2020: $1,131,9612020Revenue 2021: $10,967,567Expenses 2021: $11,217,849Net Income 2021: -$250,2822021Revenue 2022: $11,671,248Expenses 2022: $12,164,609Net Income 2022: -$493,3612022Revenue 2023: $13,317,620Expenses 2023: $14,314,174Net Income 2023: -$996,5542023Revenue 2024: $17,531,560Expenses 2024: $15,448,244Net Income 2024: $2,083,3162024Revenue 2025: $24,931,344Expenses 2025: $16,521,964Net Income 2025: $8,409,3802025

Highlighted filing

2019

Revenue$13,738,952
Expenses$9,248,390
Net Income$4,490,562
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 17, 2019
Return Version
2018v3.1
Gross Receipts
$14,009,485
Mission and Program Overview

Mission

To educate students in transitional kindergarten to grade twelve within the framework of christian faith and conviction--teaching the classical tools of learning; providing a rich yet unhurried education; and communicating truth, goodness, and beauty.

The mission of trinity school is to educate students in transitional kindergarten to grade twelve within the framework of christian faith and conviction--teaching the classical tools of learning; providing a rich yet unhurried curriculum; and communicating truth, goodness, and beauty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,393,670$10,894,488▼ $499,182
Savings and Temporary Cash Investments$2,882,482$3,667,855▲ $785,373
Pledges and Grants Receivable-$3,380,756-
Cash and Non-Interest-Bearing Accounts$675,577$1,978,841▲ $1,303,264
Investments in Publicly Traded Securities$1,518,768$1,327,442▼ $191,326
Accounts Receivable$135,241$181,298▲ $46,057
Prepaid Expenses and Deferred Charges$348,942$98,442▼ $250,500
Intangible Assets$18,000$12,000▼ $6,000
Total Assets$17,173,016$21,786,153▲ $4,613,137
Other Assets Total$200,336$245,031▲ $44,695
Liabilities
Deferred Revenue$3,574,001$4,006,069▲ $432,068
Tax Exempt Bond Liabilities$3,777,900$3,570,000▼ $207,900
Accounts Payable and Accrued Expenses$380,959$544,984▲ $164,025
Mortgage Notes Payable Secured by Investment Property$180,283$95,000▼ $85,283
Other Liabilities$0$44,341▲ $44,341
Total Liabilities$7,913,143$8,260,394▲ $347,251
Net Assets / Fund Balance
Unrestricted Net Assets$7,773,473$7,604,310▼ $169,163
Temporarily Rstr Net Assets$1,320,400$4,684,754▲ $3,364,354
Permanently Rstr Net Assets$166,000$1,236,695▲ $1,070,695
Total Net Assets Fund Balance$9,259,873$13,525,759▲ $4,265,886
Total Liabilities and Net Assets / Fund Balance$17,173,016$21,786,153▲ $4,613,137

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,446,829$4,025,001$13,471,830
Other Land Buildings$572,330$1,358,334$1,930,664
Equipment$197,953$1,253,241$1,451,194
Land$595,347-$595,347
Leasehold Improvements$82,029$199,070$281,099

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,486,400$19,500▼ $5,582$145,000$1,355,318
2017$1,342,020$33,800▲ $110,580-$1,486,400
2016$1,273,044$1,232▲ $132,744$65,000$1,342,020
2015$1,382,682$14,011▼ $60,649$63,000$1,273,044
2014$1,475,195$3,819▼ $35,332$61,000$1,382,682
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter T Denton JrHead of SchoolFT$202,615$12,805$215,420
Mason GossAssistant HeadFT$120,818$9,872$130,690
Warren GouldUpper School DirectorFT$104,270$10,068$114,338
Brent ClarkAssistant TreasurerFT$98,654$8,916$107,570

Board Members and Trustees

NameTitle
Charles MerrittChair
Harmony GargesVice-chair
Corey BookerBoard Member
Frederick Brooks JrBoard Member
Jay ThomasBoard Member
Jeff LloydBoard Member
Jim LamontBoard Member
Kristin BlairBoard Member
Kristina ChalfinBoard Member
Thomas Hahn JrBoard Member
Rj MoshaySecretary
Mort HightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,403,388
Program Service Revenue
$8,165,860
Investment Income
$134,133
Other Revenue
$35,571
All Other Contributions
$5,403,388
Change in Net Assets
$4,490,562

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,592,487
Revenue Not Reported on Financial Statements
$146,465
Revenue Not Reported on Form 990
$-91,059
Other Revenue Adjustments
$146,465
Total Revenue per Audited Statements
$13,501,428
Total Revenue per Form 990
$13,738,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,047,270
Other Expenses$3,201,120
Total Fundraising Expense$530,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,906,530$1,650,830$270,879$4,828,239
Information Technology$615,306$47,954-$663,260
Occupancy$610,724$47,597-$658,321
Depreciation Depletion$605,483$47,189-$652,672
Other Employee Benefits$253,595$130,405$21,398$405,398
Payroll Taxes$218,325$124,002$20,347$362,674
Current Officers, Directors, Trustees, and Key Employees$214,049$120,843$19,829$354,721
All Other Expenses$132,762$18,986$2,272$154,020
Interest$137,621$10,725-$148,346
Pension Plan Contributions$60,201$30,957$5,080$96,238
Other Expenses$56,493$4,403$190,266$60,896
Insurance$44,456$3,465-$47,921
Office Expenses$36,530$2,847-$39,377
Fees for Services Accounting$16,833$1,267-$18,100
Fees for Service Investment Mgmnt Fees-$12,848-$12,848
Fees for Services Legal$5,160$388-$5,548
Total Functional Expenses$6,452,424$2,265,895$530,071$9,248,390

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,248,390
Expenses per Audited Statements$9,235,542
Total Expenses per Audited Statements$9,235,542
Expenses Not Reported on Financial Statements$12,848
Other Expense Adjustments$12,848
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Loss on Interest Rate Swap$44,341

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2016-07-28$4,284,000Refinance the construction loan.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,284,000---

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
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 form 990 is reviewed by members of the finance and investment committee, the treasurer, the assistant treasurer, the head of school, and with trustees in executive session prior to filing.

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

Members of the board of trustees and officers have a clear fiduciary obligation to the school in connection with their service in such capacities. At all times they shall act in a manner consistent with this fiduciary obligation and shall exercise particular care that no detriment to the interests of the school may result from a conflict between those interests and any personal interests which the individual trustee or officer may have. If one of the covered persons believes that he or she may have a conflict of interest with respect to any transaction or decision, he or she shall promptly and fully disclose the potential conflict to the secretary of the board of trustees directly or through the headmaster. No board member shall vote on any matter, under consideration at a board or committe meeting, in which such board member has a conflict of interest. Board members should abstain from participating in the discussion of that matter at the earliest practicable time. The minutes of such meeting shall reflect that a disclosure was made and that the board member having a conflict of interest abstained from participating.

Form 990, Part VI, Section B, Line 15

The board of trustees determine the compensation of the organization's head of school. The board utilizes compensation surveys and studies to determine fair compensation.

Form 990, Part VI, Section C, Line 19

All governing documents, conflict of interest policy and financial statements are available in the business office upon request.

Filing and Contact Details

Filer

Filer Name
Trinity School of Durham
EIN
56-1926923
Phone
9194028262
Address
4011 PICKETT ROAD, DURHAM, NC 27705-5335

Signing Officer

Name
Brent Clark
Title
Assistant Treasurer
Phone
9194028262
Signed
2019-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Peter T Denton Jr
Formed
1996
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
12
Employees
174
Volunteers
225

Preparer

Firm
Thomas Judy & Tucker Pa
Address
300 WEST MORGAN STREET SUITE 1450, DURHAM, NC 27701
Preparer
Kristen Hoyle CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Holding loss on interest rate swap -133,617.

FORM 990, PART XII, LINE 2C:

The process has not changed from prior year.

Financial Statement Notes

PART V, LINE 4:

Advance the mission of trinity school by supplementing need-based financial aid.

PART X, LINE 2:

The school has adopted the provisions of fasb asc 740, income taxes. Using this guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The school does not believe there are any material uncertain tax positions and, accordingly, it will not recognize any liability for unrecognized tax benefits. As of june 30, 2019, the school has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The school is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Holding loss on interest rate swap 133,617. Investment expenses 12,848.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment expenses 12,848.

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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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IRS990/Form990PartVIISectionAGrp/PersonNm12JEFF LLOYD
IRS990/Form990PartVIISectionAGrp/PersonNm13BRENT CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm14WARREN GOULD
IRS990/Form990PartVIISectionAGrp/PersonNm15MASON GOSS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1398654
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14104270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15120818
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2HEAD OF SCHOOL
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14UPPER SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASSISTANT HEAD
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt043622
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0314155
IRS990/GrossReceiptsAmt014009485
IRS990/GrossRentsGrp/RealAmt028250
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt047954
IRS990/InformationTechnologyGrp/ProgramServicesAmt0615306
IRS990/InformationTechnologyGrp/TotalAmt0663260
IRS990/InsuranceGrp/ManagementAndGeneralAmt03465
IRS990/InsuranceGrp/ProgramServicesAmt044456
IRS990/InsuranceGrp/TotalAmt047921
IRS990/IntangibleAssetsGrp/BOYAmt018000
IRS990/IntangibleAssetsGrp/EOYAmt012000
IRS990/InterestGrp/ManagementAndGeneralAmt010725
IRS990/InterestGrp/ProgramServicesAmt0137621
IRS990/InterestGrp/TotalAmt0148346
IRS990/InvestmentIncomeGrp/ExclusionAmt090511
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt090511
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01518768
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01327442
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06835646
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011393670
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010894488
IRS990/LandBldgEquipCostOrOtherBssAmt017730134
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0270533
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF TRINITY SCHOOL IS TO EDUCATE STUDENTS IN TRANSITIONAL KINDERGARTEN TO GRADE TWELVE WITHIN THE FRAMEWORK OF CHRISTIAN FAITH AND CONVICTION--TEACHING THE CLASSICAL TOOLS OF LEARNING; PROVIDING A RICH YET UNHURRIED CURRICULUM; AND COMMUNICATING TRUTH, GOODNESS, AND BEAUTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0180283
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt095000
IRS990/NetAssetsOrFundBalancesBOYAmt09259873
IRS990/NetAssetsOrFundBalancesEOYAmt013525759
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt043622
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt043622
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt028250
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt028250
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-91059
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt047597
IRS990/OccupancyGrp/ProgramServicesAmt0610724
IRS990/OccupancyGrp/TotalAmt0658321
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02847
IRS990/OfficeExpensesGrp/ProgramServicesAmt036530
IRS990/OfficeExpensesGrp/TotalAmt039377
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0200336
IRS990/OtherAssetsTotalGrp/EOYAmt0245031
IRS990/OtherChangesInNetAssetsAmt0-133617
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt021398
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0130405
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0253595
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0405398
IRS990/OtherExpensesGrp/Desc0ADVANCEMENT AND ENROLLM
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SERVICES
IRS990/OtherExpensesGrp/Desc2ATHLETICS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt0190266
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011189
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14403
IRS990/OtherExpensesGrp/ProgramServicesAmt0143565
IRS990/OtherExpensesGrp/ProgramServicesAmt1254265
IRS990/OtherExpensesGrp/ProgramServicesAmt2140526
IRS990/OtherExpensesGrp/ProgramServicesAmt356493
IRS990/OtherExpensesGrp/TotalAmt0345020
IRS990/OtherExpensesGrp/TotalAmt1254265
IRS990/OtherExpensesGrp/TotalAmt2140526
IRS990/OtherExpensesGrp/TotalAmt360896
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt044341
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherRevenueTotalAmt07321
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0270879
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01650830
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02906530
IRS990/OtherSalariesAndWagesGrp/TotalAmt04828239
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt020347
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0124002
IRS990/PayrollTaxesGrp/ProgramServicesAmt0218325
IRS990/PayrollTaxesGrp/TotalAmt0362674
IRS990/PensionPlanContributionsGrp/FundraisingAmt05080
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt030957
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt060201
IRS990/PensionPlanContributionsGrp/TotalAmt096238
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0166000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01236695
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03380756
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0348942
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt098442
IRS990/PrincipalOfficerNm0DR PETER T DENTON JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION (NET OF AID)
IRS990/ProgramServiceRevenueGrp/Desc1FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07922461
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1243399
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07922461
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1243399
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0479409
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt077274
IRS990/PYOtherExpensesAmt02787174
IRS990/PYOtherRevenueAmt0144904
IRS990/PYProgramServiceRevenueAmt07799375
IRS990/PYRevenuesLessExpensesAmt036066
IRS990/PYSalariesCompEmpBnftPaidAmt05677722
IRS990/PYTotalExpensesAmt08464896
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08500962
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04490562
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt028250
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08173181
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02882482
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03667855
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.91250
IRS990ScheduleD/BuildingsGrp/BookValueAmt09446829
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04025001
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013471830
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01486400
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt019500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01355318
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5582
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0145000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01342020
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt033800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01486400
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0110580

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$35.6$11.2$24.4$24.9$16.5$8.41
2024Detailed filing. Detailed filing data is available for this year.$27.7$11.7$16.0$17.5$15.4$2.08
2023Detailed filing. Detailed filing data is available for this year.$26.0$12.3$13.7$13.3$14.3$1.00
2022Detailed filing. Detailed filing data is available for this year.$26.0$11.6$14.4$11.7$12.2$0.49
2021Detailed filing. Detailed filing data is available for this year.$26.2$11.7$14.5$11.0$11.2$0.25
2020Detailed filing. Detailed filing data is available for this year.$21.9$7.39$14.5$9.04$7.90$1.13
2019Detailed filing. Detailed filing data is available for this year.$21.8$8.26$13.5$13.7$9.25$4.49
2018Detailed filing. Detailed filing data is available for this year.$17.2$7.91$9.26$8.50$8.46$0.04
2017Detailed filing. Detailed filing data is available for this year.$17.6$8.46$9.10$8.00$8.28$0.28
2016Detailed filing. Detailed filing data is available for this year.$17.6$8.50$9.13$8.11$8.18$0.07
2015Detailed filing. Detailed filing data is available for this year.$18.5$9.16$9.29$8.69$7.15$1.54
2014Detailed filing. Detailed filing data is available for this year.$17.0$9.34$7.64$7.77$6.84$0.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$9.35$6.69$6.52$6.70$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$9.60$6.72$5.90
2011Summary only. Only limited summary data is available for this year.$15.5$9.36$6.16$5.09$5.45$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$9.37$6.28$4.87