Civic Intelligence

Trident Academy Inc.

990 • Fiscal year 2018 • EIN 57-0542727

Jun 01, 2017 to May 31, 2018 • Filed on Apr 15, 2019

1455 Wakendaw RoadMT Pleasant, SC 29464

(843) 884-7046

Siviq Scores

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

Liabilities / Assets

81st percentile

0.51x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.16x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$141,227

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

13th percentile

-11%

Faster asset growth than 13% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

16%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$723,447

Flat from 2018

Net Assets

Flat

$358,054

Flat from 2018

Liabilities

Flat

$365,393

Flat from 2018

Revenue

Flat

$2,307,269

Flat from 2018

Expenses

Flat

$2,262,225

Flat from 2018

Net Income

Flat

$45,044

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,590,716Liabilities 2011: $420,002Net Assets 2011: $3,170,7142011Assets 2012: $3,569,510Liabilities 2012: $384,609Net Assets 2012: $3,184,9012012Assets 2013: $3,037,570Liabilities 2013: $351,930Net Assets 2013: $2,685,6402013Assets 2014: $2,549,113Liabilities 2014: $353,390Net Assets 2014: $2,195,7232014Assets 2015: $2,264,074Liabilities 2015: $505,818Net Assets 2015: $1,758,2562015Assets 2016: $789,222Liabilities 2016: $329,825Net Assets 2016: $459,3972016Assets 2017: $809,956Liabilities 2017: $326,395Net Assets 2017: $483,5612017Assets 2018: $723,447Liabilities 2018: $365,393Net Assets 2018: $358,0542018Assets 2018: $723,447Liabilities 2018: $365,393Net Assets 2018: $358,0542018Assets 2019: $646,029Liabilities 2019: $291,964Net Assets 2019: $354,0652019Assets 2020: $1,009,824Liabilities 2020: $633,160Net Assets 2020: $376,6642020Assets 2021: $1,387,621Liabilities 2021: $883,761Net Assets 2021: $503,8602021Assets 2022: $1,027,585Liabilities 2022: $420,345Net Assets 2022: $607,2402022Assets 2023: $1,043,618Liabilities 2023: $212,939Net Assets 2023: $830,6792023

Highlighted filing

2018

Assets$723,447
Liabilities$365,393
Net Assets$358,054

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $2,936,504Expenses 2011: $2,536,175Net Income 2011: $400,3292011Expenses 2012: $2,433,9022012Revenue 2013: $1,541,752Expenses 2013: $2,041,015Net Income 2013: -$499,2632013Revenue 2014: $1,452,446Expenses 2014: $1,942,363Net Income 2014: -$489,9172014Revenue 2015: $1,663,442Expenses 2015: $2,100,909Net Income 2015: -$437,4672015Revenue 2016: $600,239Expenses 2016: $1,899,097Net Income 2016: -$1,298,8582016Revenue 2017: $1,981,607Expenses 2017: $1,971,846Net Income 2017: $9,7612017Revenue 2018: $2,307,269Expenses 2018: $2,262,225Net Income 2018: $45,0442018Revenue 2018: $2,307,269Expenses 2018: $2,262,225Net Income 2018: $45,0442018Revenue 2019: $2,283,424Expenses 2019: $2,305,212Net Income 2019: -$21,7882019Revenue 2020: $2,110,389Expenses 2020: $2,087,790Net Income 2020: $22,5992020Revenue 2021: $1,984,366Expenses 2021: $1,857,170Net Income 2021: $127,1962021Revenue 2022: $2,058,430Expenses 2022: $1,955,050Net Income 2022: $103,3802022Revenue 2023: $2,423,202Expenses 2023: $2,363,922Net Income 2023: $59,2802023

Highlighted filing

2018

Revenue$2,307,269
Expenses$2,262,225
Net Income$45,044
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 15, 2019
Return Version
2017v2.3
Gross Receipts
$2,420,489
Mission and Program Overview

Mission

Trident academy, through individualized, multi-sensory and research-based teaching approaches, transforms the lives of cognitively capable k-12 children diagnosed with learning differences.

Through individualized, multi-sensory, and research-based teaching approaches, trident academy transforms the lives of cognitively capable k- 12 children diagnosed with learning differences to include dyslexia, dysgraphia, dyscalculia, adhd, and asperger-like attributes, preparing them academically and socially to transition and thrive in a conventional learning environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$142,491$227,063▲ $84,572
Land, Buildings, and Equipment, Net$177,226$206,987▲ $29,761
Investments in Publicly Traded Securities$177,668--
Pledges and Grants Receivable$151,250$116,250▼ $35,000
Cash and Non-Interest-Bearing Accounts$65,970$67,571▲ $1,601
Accounts Receivable$40,611$44,814▲ $4,203
Prepaid Expenses and Deferred Charges$54,740$36,012▼ $18,728
Total Assets$809,956$723,447▼ $86,509
Other Assets Total-$24,750-
Liabilities
Accounts Payable and Accrued Expenses$148,695$227,123▲ $78,428
Deferred Revenue$177,700$126,270▼ $51,430
Other Liabilities-$12,000-
Total Liabilities$326,395$365,393▲ $38,998
Net Assets / Fund Balance
Temporarily Rstr Net Assets$328,123$187,681▼ $140,442
Unrestricted Net Assets$155,438$170,373▲ $14,935
Total Net Assets Fund Balance$483,561$358,054▼ $125,507
Total Liabilities and Net Assets / Fund Balance$809,956$723,447▼ $86,509

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,185$403,311$427,496
Leasehold Improvements$94,211$8,867$103,078
Land$88,591-$88,591
Other Land Buildings-$28,351$28,351
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Betsy a FanningHead of SchoFT$129,508$11,719$141,227
Mary OwczarekBusiness ManFT$83,498$1,258$84,756

Board Members and Trustees

NameTitle
Mike JeresatyPresident
Andy RankinDirector
Heather NortonDirector
Margaret McdonaldDirector
Martin SkellyDirector
Russell GuerardDirector
Sharon StewartDirector
Andrea MartinSecretary
Erik GlaserTreasurer
Chad AndersonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$158,348
Program Service Revenue
$2,014,461
Investment Income
$545
Other Revenue
$133,915
All Other Contributions
$158,348
Change in Net Assets
$45,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,307,269
Total Revenue per Audited Statements
$2,307,269
Total Revenue per Form 990
$2,307,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,521,854
Other Expenses$555,696
Grants and Similar Amounts Paid$184,675
Total Fundraising Expense$83,844
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,066,237$17,396$2,862$1,086,495
Current Officers, Directors, Trustees, and Key Employees$94,782$122,156$14,582$231,520
Grants to Domestic Individuals$184,675--$184,675
Occupancy$145,889$16,393$1,640$163,922
Other Employee Benefits$82,350$13,329$1,667$97,346
Payroll Taxes$84,889$10,528$1,316$96,733
Fees for Services Other$62,585$33,955-$96,540
Office Expenses$22,603$10,197$48,507$81,307
Conferences and Meetings$27,423$1,155$11,417$39,995
Advertising$31,783$335$1,338$33,456
All Other Expenses$10,797$1,572$82$12,451
Fees for Services Accounting-$12,000-$12,000
Depreciation Depletion$9,690$408$102$10,200
Other Expenses$8,769$985$99$9,853
Pension Plan Contributions$8,485$1,133$142$9,760
Information Technology$9,637--$9,637
Travel$8,576$361$90$9,027
Total Functional Expenses$1,936,478$241,903$83,844$2,262,225

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,262,225
Total Expenses per Audited Statements$2,262,225
Total Expenses per Form 990$2,262,225
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
Security Deposit$12,000
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, Page 6, Part VI, Line 11B

The form 990 is provided for a comment period. Once this comment period is complete and any questions are addressed, the form 990 is efiled.

Form 990, Page 6, Part VI, Line 12C

The board is requested to annually certify their lack of conflicts of interest with the school. Further, members are encouraged to update their status as matters changed.

Form 990, Page 6, Part VI, Line 15A

The head of school's annual salary is approved by the finance committee and ratified by the full board as part of the annual budgetary process.

Form 990, Page 6, Part VI, Line 15B

The officer's annual salary is approved by the finance committee and ratified by the full board as part of the annual budgetary process.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request in the school's corporate offices.

Filing and Contact Details

Filer

Filer Name
Trident Academy
EIN
57-0542727
Phone
8438847046
Address
1455 WAKENDAW ROAD, MT PLEASANT, SC 29464

Signing Officer

Name
Betsy a Fanning
Title
Head of School
Phone
8438847046
Signed
2019-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betsy a Fanning
Formed
1972
Voting Board Members
10
Independent Board Members
10
Employees
48
Volunteers
50

Preparer

Firm
Glaser and Company LLC
Address
149 E BAY ST SUITE 200, CHARLESTON, SC 29401-3134
Preparer
Erik M Glaser CPA
Phone
8438490179
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Through individualized, multi-sensory, and research-based teaching approaches, trident academy transforms the lives of cognitively capable k- 12 children diagnosed with learning differences to include dyslexia, dysgraphia, dyscalculia, adhd, and asperger-like attributes, preparing them academically and socially to transition and thrive in a conventional learning environment.

Form 990, Page 2, Part III, Line 4A

Prescriptive approach to identifying and working with each students individual needs. Students are taught traditional subjects using various multi-sensory techniques, experiences outside of the classroom that correspond to relevant subject matter and via the incorporation of assistive technology. Our student population is small compared to traditional schools - we had 70 students in our program for 2017-2018; however, this is by design. We believe that not only does small classroom size and individualized instruction help our students become better learners, but it also helps them build confidence and self-awareness. Research over the last 20 years shows the strides students can make in their test scores in an average academic year at trident academy. Analyzing standardized pre- and post- test scores between 1995-2016, our students: vocabulary scores increased 115.6% comprehension scores increased 152.2% mathematics scores increased 286.8% during the 2017-2018 school year, vocabulary scores increased 236.1% comprehension scores increased 188.1% mathematics scores increased 348.8% tapa the trident academy parent's association (tapa) raises funds to support communinty building activities like the fall festival & field day. It raises funds through various means such as product sales and events.

Form 990, Part XI, Line 9

To adjust for gaap recognition of community foundation funds not under the control of the school.

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IRS990/Desc0TRIDENT ACADEMY IS A SPECIAL PLACE WE ARE 1 OF ONLY 15 SCHOOLS ACCREDITED BY THE ACADEMY OF ORTON-GILLINGHAM PRACTITIONERS & EDUCATORS IN THE NATION TEACHING STUDENTS WITH LANGUAGE-BASED LEARNING DISORDERS. WE OFFER AN INDIVIDUALIZED DIAGNOSTIC AND PRESCRIPTIVE APPROACH THAT GIVES OUR STUDENTS THE CONFIDENCE AND TOOLS THEY NEED TO SUCCEED HERE AND WHEN TRANSITIONING BACK INTO MORE TRADITIONAL SCHOOL SETTINGS. TRIDENT ACADEMY TRULY FILLS A CRITICAL NEED IN THE LIVES OF OUR STUDENTS AND FAMILIES AT TRIDENT ACADEMY, WE UNDERSTAND THAT STUDENTS WHO LEARN DIFFERENTLY NEED TO BE TAUGHT DIFFERENTLY. OUR TEACHERS EMPLOY THE ORTON-GILLINGHAM (OG) APPROACH IN ALL CLASSES WHICH OFFERS A VERY STRUCTURED, DIAGNOSTIC AND PRESCRIPTIVE APPROACH TO IDENTIFYING AND WORKING WITH EACH STUDENTS INDIVIDUAL NEEDS. STUDENTS ARE TAUGHT TRADITIONAL SUBJECTS USING VARIOUS MULTI-SENSORY TECHNIQUES, EXPERIENCES OUTSIDE OF THE CLASSROOM THAT CORRESPOND TO RELEVANT SUBJECT MATTER AND VIA THE INCORPORATION OF ASSISTIVE TECHNOLOGY. OUR STUDENT POPULATION IS SMALL COMPARED TO TRADITIONAL SCHOOLS - WE HAD 70 STUDENTS IN OUR PROGRAM FOR 2017-2018; HOWEVER, THIS IS BY DESIGN. WE BELIEVE THAT NOT ONLY DOES SMALL CLASSROOM SIZE AND INDIVIDUALIZED INSTRUCTION HELP OUR STUDENTS BECOME BETTER LEARNERS, BUT IT ALSO HELPS THEM BUILD CONFIDENCE AND SELF-AWARENESS. RESEARCH OVER THE LAST 20 YEARS SHOWS THE STRIDES STUDENTS CAN MAKE IN THEIR TEST SCORES IN AN AVERAGE ACADEMIC YEAR AT TRIDENT ACADEMY. ANALYZING STANDARDIZED PRE- AND POST- TEST SCORES BETWEEN 1995-2016, OUR STUDENTS: VOCABULARY SCORES INCREASED 115.6% COMPREHENSION SCORES INCREASED 152.2% MATHEMATICS SCORES INCREASED 286.8% DURING THE 2017-2018 SCHOOL YEAR, VOCABULARY SCORES INCREASED 236.1% COMPREHENSION SCORES INCREASED 188.1% MATHEMATICS SCORES INCREASED 348.8% TAPA THE TRIDENT ACADEMY PARENT'S ASSOCIATION (TAPA) RAISES FUNDS TO SUPPORT COMMUNINTY BUILDING ACTIVITIES LIKE THE FALL FESTIVAL & FIELD DAY. IT RAISES FUNDS THROUGH VARIOUS MEANS SUCH AS PRODUCT SALES AND EVENTS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt11BUSINESS MAN
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IRS990/GamingActivitiesInd0false
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt09637
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0206987
IRS990/LandBldgEquipCostOrOtherBssAmt0647516
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THROUGH INDIVIDUALIZED, MULTI-SENSORY, AND RESEARCH-BASED TEACHING APPROACHES, TRIDENT ACADEMY TRANSFORMS THE LIVES OF COGNITIVELY CAPABLE K- 12 CHILDREN DIAGNOSED WITH LEARNING DIFFERENCES TO INCLUDE DYSLEXIA, DYSGRAPHIA, DYSCALCULIA, ADHD, AND ASPERGER-LIKE ATTRIBUTES, PREPARING THEM ACADEMICALLY AND SOCIALLY TO TRANSITION AND THRIVE IN A CONVENTIONAL LEARNING ENVIRONMENT.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OccupancyGrp/ProgramServicesAmt0145889
IRS990/OccupancyGrp/TotalAmt0163922
IRS990/OfficeExpensesGrp/FundraisingAmt048507
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010197
IRS990/OfficeExpensesGrp/ProgramServicesAmt022603
IRS990/OfficeExpensesGrp/TotalAmt081307
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt024750
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01667
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013329
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt082350
IRS990/OtherEmployeeBenefitsGrp/TotalAmt097346
IRS990/OtherExpensesGrp/Desc0TEACHER TRAINING AND DEVE
IRS990/OtherExpensesGrp/Desc1ACADEMIC MATERIALS AND FE
IRS990/OtherExpensesGrp/Desc2SCHOOLROOM SUPPLIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0985
IRS990/OtherExpensesGrp/ProgramServicesAmt032808
IRS990/OtherExpensesGrp/ProgramServicesAmt128239
IRS990/OtherExpensesGrp/ProgramServicesAmt216261
IRS990/OtherExpensesGrp/ProgramServicesAmt38769
IRS990/OtherExpensesGrp/TotalAmt032808
IRS990/OtherExpensesGrp/TotalAmt128239
IRS990/OtherExpensesGrp/TotalAmt216261
IRS990/OtherExpensesGrp/TotalAmt39853
IRS990/OtherLiabilitiesGrp/EOYAmt012000
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017396
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01066237
IRS990/OtherSalariesAndWagesGrp/TotalAmt01086495
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01316
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010528
IRS990/PayrollTaxesGrp/ProgramServicesAmt084889
IRS990/PayrollTaxesGrp/TotalAmt096733
IRS990/PensionPlanContributionsGrp/FundraisingAmt0142
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01133
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08485
IRS990/PensionPlanContributionsGrp/TotalAmt09760
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0151250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0116250
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt054740
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036012
IRS990/PrincipalOfficerNm0BETSY A FANNING
IRS990/PriorPeriodAdjustmentsAmt0-170551
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1EDUCATION PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01898874
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1115587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01898874
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1115587
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0219418
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0114520
IRS990/PYInvestmentIncomeAmt07874
IRS990/PYOtherExpensesAmt0602690
IRS990/PYOtherRevenueAmt0282139
IRS990/PYProgramServiceRevenueAmt01472176
IRS990/PYRevenuesLessExpensesAmt09761
IRS990/PYSalariesCompEmpBnftPaidAmt01254636
IRS990/PYTotalExpensesAmt01971846
IRS990/PYTotalRevenueAmt01981607
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt045044
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0123280
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01833961
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0142491
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0227063
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt024185
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0403311
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0427496
IRS990ScheduleD/ExpensesSubtotalAmt02262225
IRS990ScheduleD/LandGrp/BookValueAmt088591
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt088591
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt094211
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08867
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0103078
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028351
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/RevenueSubtotalAmt02307269
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0206987
IRS990ScheduleD/TotalExpensesPerForm990Amt02262225
IRS990ScheduleD/TotalLiabilityAmt012000
IRS990ScheduleD/TotalRevenuePerForm990Amt02307269
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02307269
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02262225
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
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0184675
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt027
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TRIDENT ACADEMY VALUES A DIVERSE STUDENT BODY IN TERMS OF SOCIO-ECONOMIC, RACIAL, ETHNIC, AND RELIGIOUS BACKGROUNDS. THE DECISION TO ADMIT A STUDENT IS BASED SOLELY ON THE STUDENTS LEARNING PROFILE AND PERSONAL CONDUCT. SIMILARLY, TRIDENT ACADEMYS TUITION SUPPORT PROGRAM IS BASED SOLELY ON THE FAMILYS DEMONSTRATED FINANCIAL NEEDS, INCLUDING THE FAMILYS NET INCOME AND ASSETS, THE NUMBER OF DEPENDENTS IN THE HOUSEHOLD, AND THE NUMBER OF CHILDREN ATTENDING TUITION-BASED ACADEMIC INSTITUTIONS. ALLOWANCES ARE MADE FOR CERTAIN TAXES, MEDICAL COSTS, AND UNUSUAL EXPENSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THROUGH INDIVIDUALIZED, MULTI-SENSORY, AND RESEARCH-BASED TEACHING APPROACHES, TRIDENT ACADEMY TRANSFORMS THE LIVES OF COGNITIVELY CAPABLE K- 12 CHILDREN DIAGNOSED WITH LEARNING DIFFERENCES TO INCLUDE DYSLEXIA, DYSGRAPHIA, DYSCALCULIA, ADHD, AND ASPERGER-LIKE ATTRIBUTES, PREPARING THEM ACADEMICALLY AND SOCIALLY TO TRANSITION AND THRIVE IN A CONVENTIONAL LEARNING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRESCRIPTIVE APPROACH TO IDENTIFYING AND WORKING WITH EACH STUDENTS INDIVIDUAL NEEDS. STUDENTS ARE TAUGHT TRADITIONAL SUBJECTS USING VARIOUS MULTI-SENSORY TECHNIQUES, EXPERIENCES OUTSIDE OF THE CLASSROOM THAT CORRESPOND TO RELEVANT SUBJECT MATTER AND VIA THE INCORPORATION OF ASSISTIVE TECHNOLOGY. OUR STUDENT POPULATION IS SMALL COMPARED TO TRADITIONAL SCHOOLS - WE HAD 70 STUDENTS IN OUR PROGRAM FOR 2017-2018; HOWEVER, THIS IS BY DESIGN. WE BELIEVE THAT NOT ONLY DOES SMALL CLASSROOM SIZE AND INDIVIDUALIZED INSTRUCTION HELP OUR STUDENTS BECOME BETTER LEARNERS, BUT IT ALSO HELPS THEM BUILD CONFIDENCE AND SELF-AWARENESS. RESEARCH OVER THE LAST 20 YEARS SHOWS THE STRIDES STUDENTS CAN MAKE IN THEIR TEST SCORES IN AN AVERAGE ACADEMIC YEAR AT TRIDENT ACADEMY. ANALYZING STANDARDIZED PRE- AND POST- TEST SCORES BETWEEN 1995-2016, OUR STUDENTS: VOCABULARY SCORES INCREASED 115.6% COMPREHENSION SCORES INCREASED 152.2% MATHEMATICS SCORES INCREASED 286.8% DURING THE 2017-2018 SCHOOL YEAR, VOCABULARY SCORES INCREASED 236.1% COMPREHENSION SCORES INCREASED 188.1% MATHEMATICS SCORES INCREASED 348.8% TAPA THE TRIDENT ACADEMY PARENT'S ASSOCIATION (TAPA) RAISES FUNDS TO SUPPORT COMMUNINTY BUILDING ACTIVITIES LIKE THE FALL FESTIVAL & FIELD DAY. IT RAISES FUNDS THROUGH VARIOUS MEANS SUCH AS PRODUCT SALES AND EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PROVIDED FOR A COMMENT PERIOD. ONCE THIS COMMENT PERIOD IS COMPLETE AND ANY QUESTIONS ARE ADDRESSED, THE FORM 990 IS EFILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD IS REQUESTED TO ANNUALLY CERTIFY THEIR LACK OF CONFLICTS OF INTEREST WITH THE SCHOOL. FURTHER, MEMBERS ARE ENCOURAGED TO UPDATE THEIR STATUS AS MATTERS CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE HEAD OF SCHOOL'S ANNUAL SALARY IS APPROVED BY THE FINANCE COMMITTEE AND RATIFIED BY THE FULL BOARD AS PART OF THE ANNUAL BUDGETARY PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OFFICER'S ANNUAL SALARY IS APPROVED BY THE FINANCE COMMITTEE AND RATIFIED BY THE FULL BOARD AS PART OF THE ANNUAL BUDGETARY PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST IN THE SCHOOL'S CORPORATE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TO ADJUST FOR GAAP RECOGNITION OF COMMUNITY FOUNDATION FUNDS NOT UNDER THE CONTROL OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.04$0.21$0.83$2.42$2.36$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.42$0.61$2.06$1.96$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.88$0.50$1.98$1.86$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.63$0.38$2.11$2.09$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.29$0.35$2.28$2.31$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.37$0.36$2.31$2.26$0.05
2018Summary only. Only limited summary data is available for this year.$0.72$0.37$0.36$2.31$2.26$0.05
2017Summary only. Only limited summary data is available for this year.$0.81$0.33$0.48$1.98$1.97$0.01
2016Summary only. Only limited summary data is available for this year.$0.79$0.33$0.46$0.60$1.90$1.30
2015Detailed filing. Detailed filing data is available for this year.$2.26$0.51$1.76$1.66$2.10$0.44
2014Detailed filing. Detailed filing data is available for this year.$2.55$0.35$2.20$1.45$1.94$0.49
2013Summary only. Only limited summary data is available for this year.$3.04$0.35$2.69$1.54$2.04$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.38$3.18$2.43
2011Summary only. Only limited summary data is available for this year.$3.59$0.42$3.17$2.94$2.54$0.40