Civic Intelligence

Trinity Higher Education Authority Inc

990 • Fiscal year 2010 • EIN 74-2534486

Jul 01, 2009 to Jun 30, 2010 • Filed on May 11, 2011

2600 Washington Avenue76710
Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2010 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$48,002,426

No earlier filing loaded for comparison.

Net Assets

-$127,890

No earlier filing loaded for comparison.

Liabilities

$48,130,316

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,732,470

No earlier filing loaded for comparison.

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.

$60M$40M$20M$0-$20MAssets 2010: $48,002,426Liabilities 2010: $48,130,316Net Assets 2010: -$127,8902010Assets 2011: $8,283Liabilities 2011: $0Net Assets 2011: $8,2832011Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2018: $15,077,442Liabilities 2018: $14,938,119Net Assets 2018: $139,3232018

Highlighted filing

2010

Assets$48,002,426
Liabilities$48,130,316
Net Assets-$127,890

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $1,732,4702010Revenue 2011: $1,791,747Expenses 2011: $1,634,521Net Income 2011: $157,2262011Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2018: $251,075Expenses 2018: $111,752Net Income 2018: $139,3232018

Highlighted filing

2010

Revenue-
Expenses$1,732,470
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
May 11, 2011
Return Version
2009v1.7
Gross Receipts
$1,599,502
Mission and Program Overview

Mission

Trinity higher education authority is a secondary market of college student loans under the federal family education loan program (ffelp). Trinity higher education authority's mission is to make education a reality by supporting programs and initiatives to finance educational opportunities.

Filing and Contact Details

Filer

EIN
74-2534486
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0SCHEDULE D, PART XII, LINE 4B DEPT OF EDUCATION FEES - $400,666 AMORT OF LOAN PURCHASE FEES - $170,803 Total - $571,469 RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XIII, LINE 4B DEPT OF EDUCATION REBATE FEES - $400,666 AMORT OF LOAN PURCHASE FEES - $170,803 Total - $571,469 FIN 48 THE AUTHORITY ADOPTED THE ACCOUNTING STANDARD RELATED TO UNCERTAIN TAX POSITIONS ON JULY 1, 2007, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE AUTHORITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ADOPTION OF THIS STANDARD HAD NO EFFECT ON THE AUTHORITY'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE AUTHORITY FILES FEDERAL INCOME TAX RETURNS IN THE UNITED STATES. THE AUTHORITY MAY BE SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR THE TAX YEARS ENDING JUNE 30, 2007 AND LATER BY THE INTERNAL REVENUE SERVICE. THE AUTHORITY IS NOT CURRENTLY UNDER EXAMINATION FOR ANY OPEN TAX YEAR.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0Supplemental Information
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS
IRS990ScheduleD/OtherExpensesNotIncluded0571469
IRS990ScheduleD/OtherRevenuesNotIncluded0571469
IRS990ScheduleD/RevenueNotRptdOnFinStmt0571469
IRS990ScheduleD/RevenueSubtotal01028033
IRS990ScheduleD/TotalExpenses01732470
IRS990ScheduleD/TotalExpensesPerForm99001732470
IRS990ScheduleD/TotalRevenue01599502
IRS990ScheduleD/TotalRevenuePerForm99001599502
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01161001
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01028033
IRS990ScheduleJ/AnyNonFixedPayments0false

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