Form 990, Part VI, Line 11B: Form 990 Review Process
“The Head of School and the Business Administrator prepare the form with the assistance of our CPA. A summation is then presented to the entire school board.”
990 • Fiscal year 2018 • EIN 75-2575760
Scores are not available for this record yet.
Assets
Flat$14,674,035
Flat from 2018
Net Assets
Flat$5,244,667
Flat from 2018
Liabilities
Flat$9,429,368
Flat from 2018
Revenue
Flat$5,955,998
Flat from 2018
Expenses
Flat$4,841,797
Flat from 2018
Net Income
Flat$1,114,201
Flat from 2018
The mission of Trinity Christian Academy is to provide a high quality Christian education and to foster academic advancement, intelligence, spiritual and moral development and personal growth in its students. The Academy's educational goals are designed to not only prepare students for college, but to also encourage thoughtful analysis, teach problem solving skills and promote lasting values that will follow them through their entire lives.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $8,587,594 | $9,240,690 | ▲ $653,096 |
| Accounts Receivable | $3,404,342 | $4,165,916 | ▲ $761,574 |
| Cash and Non-Interest-Bearing Accounts | $775,635 | $712,339 | ▼ $63,296 |
| Pledges and Grants Receivable | - | $500,000 | - |
| Savings and Temporary Cash Investments | $55,042 | $55,090 | ▲ $48 |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $12,826,986 | $14,674,035 | ▲ $1,847,049 |
| Other Assets Total | $4,373 | $0 | ▼ $4,373 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,638,872 | $4,530,206 | ▼ $108,666 |
| Deferred Revenue | $3,369,946 | $4,137,246 | ▲ $767,300 |
| Accounts Payable and Accrued Expenses | $419,766 | $525,162 | ▲ $105,396 |
| Other Liabilities | $267,936 | $236,754 | ▼ $31,182 |
| Total Liabilities | $8,696,520 | $9,429,368 | ▲ $732,848 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $4,051,823 | $5,178,476 | ▲ $1,126,653 |
| Permanently Rstr Net Assets | $55,042 | $55,090 | ▲ $48 |
| Temporarily Rstr Net Assets | $23,601 | $11,101 | ▼ $12,500 |
| Total Net Assets Fund Balance | $4,130,466 | $5,244,667 | ▲ $1,114,201 |
| Total Liabilities and Net Assets / Fund Balance | $12,826,986 | $14,674,035 | ▲ $1,847,049 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $7,303,200 | $1,710,032 | $9,013,232 |
| Land | $1,231,091 | - | $1,231,091 |
| Leasehold Improvements | $468,141 | $208,704 | $676,845 |
| Other Land Buildings | $100,696 | $277,383 | $378,079 |
| Equipment | $137,562 | $221,433 | $358,995 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2017 | $55,042 | - | ▲ $48 | - | $55,090 |
| 2016 | $55,036 | - | ▲ $6 | - | $55,042 |
| 2015 | - | $55,000 | ▲ $36 | - | $55,036 |
| Name | Title |
|---|---|
| John Ludwig | President |
| Tish Stanfield | Vice President |
| Amy Kaarlela | Trustee |
| Bert Thompson | Trustee |
| Courtney Kuykendall | Trustee |
| Claudia Floyd | Secretary |
| Matt Baker | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,243,827 |
| Other Expenses | $1,590,470 |
| Grants and Similar Amounts Paid | $7,500 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,363,484 | $410,480 | - | $2,773,964 |
| Depreciation Depletion | $296,880 | $32,987 | - | $329,867 |
| Occupancy | $129,847 | $160,088 | - | $289,935 |
| Other Employee Benefits | $221,746 | $38,520 | - | $260,266 |
| Payroll Taxes | $178,577 | $31,020 | - | $209,597 |
| Interest | - | $209,436 | - | $209,436 |
| All Other Expenses | $45,450 | $78,568 | - | $124,018 |
| Fees for Services Other | - | $71,702 | - | $71,702 |
| Insurance | - | $60,280 | - | $60,280 |
| Information Technology | $32,933 | $22,802 | - | $55,735 |
| Advertising | - | $53,947 | - | $53,947 |
| Other Expenses | $40,795 | $47,416 | - | $40,795 |
| Office Expenses | - | $28,022 | - | $28,022 |
| Grants to Domestic Individuals | $7,500 | - | - | $7,500 |
| Fees for Services Accounting | - | $6,450 | - | $6,450 |
| Total Functional Expenses | $3,590,079 | $1,251,718 | $0 | $4,841,797 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $448,913 |
| Fundraising Direct Expenses | $181,249 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Fundraiser | $448,913 | $448,913 | $181,249 | $267,664 |
| Total Events | $448,913 | $448,913 | $181,249 | $267,664 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Prepaid Tuition & Fees | $188,150 |
| Student Club Accounts | $45,802 |
| Other Current Liabilities | $2,797 |
| Payroll Liabilities | $5 |
“The Head of School and the Business Administrator prepare the form with the assistance of our CPA. A summation is then presented to the entire school board.”
“On an annual basis the Head of School is given a performance evaluation by the entire School Board. The Board gathers information through interviews with top level administrators, analysis of pre-determined metrics, and direct conversations with the Head of School. The Board then convenes, discusses the information gathered, and puts together an evaluation report. At that point the Board President will schedule a meeting with the Head of School to discuss the evaluation, and provide recommendations and direction as needed.”
“As a private school, documents are not available to the public at large.”
“The Academy owns a certificate of deposit which is restricted for use as an endowment fund. As of 5/31/18, this endowment fund CD has a balance of $55,090, bears interest at 0.05% and matures every 30 days. There are currently no intended uses for the Endowment Fund. As the balance grows over time, a committee will be formed to determine intended uses.”
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/ActivityOrMissionDesc | 0 | The mission of Trinity Christian Academy is to provide a high quality Christian education and to foster academic advancement, intelligence, spiritual and moral development and personal growth in its students. The Academy's educational goals are designed to not only prepare students for college, but to also encourage thoughtful analysis, teach problem solving skills and promote lasting values that will follow them through their entire lives. |
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| IRS990/Desc | 0 | Trinity Christian Academy provides children in Parker County Texas and surrounding counties with a high quality Christian education that gives them the knowledge, skills, character and disposition to meet and exceed the Texas School system standards, and the resources to succeed. |
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| IRS990/MissionDesc | 0 | The mission of Trinity Christian Academy is to provide a high quality Christian education and to foster academic advancement, intelligence, spiritual and moral development and personal growth in its students. The Academy's educational goals are designed to not only prepare students for college, but to also encourage thoughtful analysis, teach problem solving skills and promote lasting values that will follow them through their entire lives. |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 155524 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 117343 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 40795 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 155524 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 117343 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 47416 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 40795 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 267936 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 236754 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 611710 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous Income |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3105 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3105 |
| IRS990/OtherRevenueTotalAmt | 0 | 3105 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 410480 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2363484 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2773964 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 31020 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 178577 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 209597 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 55042 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 55090 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 500000 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | John Ludwig |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Activity & Club Income |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Extended Care Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Tuition & Enrollment |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 69415 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 29246 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 4092158 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 69415 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 29246 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 4092158 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 341417 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 1060 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1437725 |
| IRS990/PYOtherRevenueAmt | 0 | 107641 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3662589 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -70562 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2745544 |
| IRS990/PYTotalExpensesAmt | 0 | 4183269 |
| IRS990/PYTotalRevenueAmt | 0 | 4112707 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1114201 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 4190819 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 55042 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 55090 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 7303200 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1710032 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 9013232 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 55042 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 55090 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 48 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 55036 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 55042 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 6 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt | 0 | 55000 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 55036 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 36 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 137562 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 221433 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 358995 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1231091 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1231091 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 468141 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 208704 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 676845 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 100696 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 277383 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 378079 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2797 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 5 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 188150 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 45802 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Other Current Liabilities |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Payroll Liabilities |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Prepaid Tuition & Fees |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | Student Club Accounts |
| IRS990ScheduleD/RelatedOrgListSchRInd | 0 | false |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Academy owns a certificate of deposit which is restricted for use as an endowment fund. As of 5/31/18, this endowment fund CD has a balance of $55,090, bears interest at 0.05% and matures every 30 days. There are currently no intended uses for the Endowment Fund. As the balance grows over time, a committee will be formed to determine intended uses. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part V, Line 4: Intended uses of the endowment fund. |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 9240690 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 236754 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The racially nondisciminatory policy for T.B.C.A. Inc. is found in all of the student registration paperwork, as well as being published on the school's website. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | false |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 181249 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Fundraiser |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 448913 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 448913 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 448913 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 448913 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 267664 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 181249 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 181249 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 7500 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | College Scholarships |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 6 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.