Civic Intelligence

Trinity Community Development Inc.

990 • Fiscal year 2023 • EIN 84-3580501

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

157 Chapel Hill DrBattle Creek, MI 49015

(269) 317-5591

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.75x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

96th percentile

1.26x

Higher debt load relative to revenue than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-2.8%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

60%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$355,426

Down $10,312 (-2.8%) from 2022

Net Assets

Up

$88,557

Up $29,103 (+49%) from 2022

Liabilities

Down

$266,869

Down $39,415 (-13%) from 2022

Revenue

Up

$211,251

Up $79,090 (+60%) from 2022

Expenses

Up

$182,148

Up $102,672 (+129%) from 2022

Net Income

Down

$29,103

Down $23,582 (-45%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $418,827Liabilities 2019: $418,827Net Assets 2019: $02019Assets 2020: $383,303Liabilities 2020: $367,532Net Assets 2020: $15,7712020Assets 2021: $358,284Liabilities 2021: $351,515Net Assets 2021: $6,7692021Assets 2022: $365,738Liabilities 2022: $306,284Net Assets 2022: $59,4542022Assets 2023: $355,426Liabilities 2023: $266,869Net Assets 2023: $88,5572023Assets 2024: $228,623Liabilities 2024: $76,432Net Assets 2024: $152,1912024

Highlighted filing

2023

Assets$355,426
Liabilities$266,869
Net Assets$88,557

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $55,067Expenses 2020: $39,296Net Income 2020: $15,7712020Revenue 2021: $47,990Expenses 2021: $56,992Net Income 2021: -$9,0022021Revenue 2022: $132,161Expenses 2022: $79,476Net Income 2022: $52,6852022Revenue 2023: $211,251Expenses 2023: $182,148Net Income 2023: $29,1032023Revenue 2024: $251,603Expenses 2024: $187,969Net Income 2024: $63,6342024

Highlighted filing

2023

Revenue$211,251
Expenses$182,148
Net Income$29,103
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$211,251
Mission and Program Overview

Mission

Trinity community development inc. Seeks to improve quality of life in its community by assisting individuals in attaining their fullest development through economic and other initiatives related to housing and home ownership, material assistance and support, job placement and retention, micro ventures and connectional programs, including spiritual support

Providing economic, cultural, social, and other programs and activities which enhance quality of life and assist persons in achieving their fullest development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$225,163$193,593▼ $31,570
Savings and Temporary Cash Investments$53,766$152,502▲ $98,736
Rtn Earn Endowment Incm Other Fnds$59,454$88,557▲ $29,103
Cash and Non-Interest-Bearing Accounts$15,187$9,331▼ $5,856
Total Assets$365,738$355,426▼ $10,312
Other Assets Total$71,622--
Liabilities
Deferred Revenue$300,163$266,340▼ $33,823
Accounts Payable and Accrued Expenses$1,408--
Other Liabilities$4,713$529▼ $4,184
Total Liabilities$306,284$266,869▼ $39,415
Net Assets / Fund Balance
Total Net Assets Fund Balance$59,454$88,557▲ $29,103
Total Liabilities and Net Assets / Fund Balance$365,738$355,426▼ $10,312
Compensation and Service Providers

Board Members and Trustees

NameTitle
Johanna DurrettPresident
Carrie MortonDirector
Gary McneesDirector
Jeff HovaterDirector
Justin ByrdDirector
Sally Harrington-nelsonDirector
Tim ColeDirector
Janet WilsonExecutive Di
Chuck MillerSecretary
Kellie HoffmanTreasurer
Julie ElmoreVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$86,649
Program Service Revenue
$110,500
Investment Income
$569
Other Revenue
$13,533
Change in Net Assets
$29,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,822
Salaries, Compensation, and Employee Benefits$38,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$106,362--$106,362
Other Salaries and Wages$35,655--$35,655
Occupancy$29,701--$29,701
Office Expenses$6,248--$6,248
Payroll Taxes$2,671--$2,671
Fees for Services Management$1,511--$1,511
Total Functional Expenses$182,148$0$0$182,148
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
Payroll Liabilities$529
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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

Form 990 was reviewed by officers and submitted to the board.

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

Conflicts of interest are to be reported once it is determined that a conflict exists and action is then determined to resovle.

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

Compensation for executive director was determined based on a review of compensation for this position in area organizations of similar sire, activity and comparable reponsibilities. Compensation was approved by vote of all independent directors documented in the minutes of the meeting.

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

Compensation was reviewed in the same manner as for the executive director and voted on by the independent directors documented in the meeting notes.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Trinity Community Development Inc
EIN
84-3580501
Phone
2693175591
Address
157 CHAPEL HILL DR, BATTLE CREEK, MI 49015

Signing Officer

Name
Janet Wilson
Title
Executive Director
Phone
2693175591
Signed
2024-05-15

Organization Details

Principal Officer
Johanna Durrett
Formed
2019
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
0
Employees
4

Preparer

Firm
Saye & Associates
Address
PO BOX 116, BATTLE CREEK, MI 49016-0116
Preparer
Ralph L Saye Atp
Phone
2699680932
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Trinity community development inc. Seeks to improve quality of life in the community by asssisting individuals in attaining their fullest development through economic and other initiatives related to housing and home ownership, material assistance and support, job placement and retention, micro ventures and connectional programs, including spiritual support.

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

Providing economic, cultural, social and other programs and activities which enhance quality of life and assist persons in achieving their fullest development.

Form 990, Part IX, Line 11G

Miscelaneous 735 0 0 enrichment events & education 3,795 0 0 community garden 574 0 0 food bank food distribution 2,272 0 0 84 eldred housing project 89,495 0 0 carewell projects 9,117 0 0 reconciliation discrepancies 374 0 0 total 106,362 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRINITY COMMUNITY DEVELOPMENT INC. SEEKS TO IMPROVE QUALITY OF LIFE IN THE COMMUNITY BY ASSSISTING INDIVIDUALS IN ATTAINING THEIR FULLEST DEVELOPMENT THROUGH ECONOMIC AND OTHER INITIATIVES RELATED TO HOUSING AND HOME OWNERSHIP, MATERIAL ASSISTANCE AND SUPPORT, JOB PLACEMENT AND RETENTION, MICRO VENTURES AND CONNECTIONAL PROGRAMS, INCLUDING SPIRITUAL SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDING ECONOMIC, CULTURAL, SOCIAL AND OTHER PROGRAMS AND ACTIVITIES WHICH ENHANCE QUALITY OF LIFE AND ASSIST PERSONS IN ACHIEVING THEIR FULLEST DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS REVIEWED BY OFFICERS AND SUBMITTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE TO BE REPORTED ONCE IT IS DETERMINED THAT A CONFLICT EXISTS AND ACTION IS THEN DETERMINED TO RESOVLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR EXECUTIVE DIRECTOR WAS DETERMINED BASED ON A REVIEW OF COMPENSATION FOR THIS POSITION IN AREA ORGANIZATIONS OF SIMILAR SIRE, ACTIVITY AND COMPARABLE REPONSIBILITIES. COMPENSATION WAS APPROVED BY VOTE OF ALL INDEPENDENT DIRECTORS DOCUMENTED IN THE MINUTES OF THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION WAS REVIEWED IN THE SAME MANNER AS FOR THE EXECUTIVE DIRECTOR AND VOTED ON BY THE INDEPENDENT DIRECTORS DOCUMENTED IN THE MEETING NOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELANEOUS 735 0 0 ENRICHMENT EVENTS & EDUCATION 3,795 0 0 COMMUNITY GARDEN 574 0 0 FOOD BANK FOOD DISTRIBUTION 2,272 0 0 84 ELDRED HOUSING PROJECT 89,495 0 0 CAREWELL PROJECTS 9,117 0 0 RECONCILIATION DISCREPANCIES 374 0 0 TOTAL 106,362 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
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 IX, LINE 11G
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IRS990/TotalLiabilitiesEOYAmt0266869
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IRS990/TotalOtherProgSrvcExpenseAmt083536
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IRS990/USAddress/AddressLine1Txt0157 CHAPEL HILL DR
IRS990/USAddress/CityNm0BATTLE CREEK
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049015
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JANET WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02693175591
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRINITY COMMUNITY DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIN
ReturnHeader/Filer/EIN0843580501
ReturnHeader/Filer/PhoneNum02693175591
ReturnHeader/Filer/USAddress/AddressLine1Txt0157 CHAPEL HILL DR
ReturnHeader/Filer/USAddress/CityNm0BATTLE CREEK
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383444201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAYE & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 116
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BATTLE CREEK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0490160116
ReturnHeader/PreparerPersonGrp/PhoneNum02699680932
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RALPH L SAYE ATP
ReturnHeader/ReturnTs02024-05-15T15:15:35-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JANET
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILSON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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