Civic Intelligence

Trinity Classical Academy

990 • Fiscal year 2016 • EIN 95-4790280

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

28310 Kelly Johnson PkwyValencia, CA 91355

(661) 312-1356

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.45x

Higher debt load relative to assets than 72% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

38th percentile

0.11x

Higher debt load relative to revenue than 38% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

34th percentile

-1.7%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

9th percentile

-11%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

3.1%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,669,077

Down $205,291 (-11%) from 2015

Net Assets

Down

$915,743

Down $303,529 (-25%) from 2015

Liabilities

Up

$753,334

Up $98,238 (+15%) from 2015

Revenue

Up

$6,826,962

Up $206,415 (+3.1%) from 2015

Expenses

Up

$6,943,803

Up $438,089 (+6.7%) from 2015

Net Income

Down

-$116,841

Down $231,674 (-202%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2011: $534,307Liabilities 2011: $872,236Net Assets 2011: -$337,9292011Assets 2012: $950,944Liabilities 2012: $1,010,635Net Assets 2012: -$59,6912012Assets 2013: $1,689,793Liabilities 2013: $863,206Net Assets 2013: $826,5872013Assets 2014: $2,039,528Liabilities 2014: $935,089Net Assets 2014: $1,104,4392014Assets 2015: $1,874,368Liabilities 2015: $655,096Net Assets 2015: $1,219,2722015Assets 2016: $1,669,077Liabilities 2016: $753,334Net Assets 2016: $915,7432016Assets 2017: $2,268,781Liabilities 2017: $716,371Net Assets 2017: $1,552,4102017Assets 2018: $2,327,032Liabilities 2018: $1,176,156Net Assets 2018: $1,150,8762018Assets 2019: $18,647,813Liabilities 2019: $17,408,194Net Assets 2019: $1,239,6192019Assets 2020: $20,292,832Liabilities 2020: $19,478,362Net Assets 2020: $814,4702020Assets 2021: $20,331,165Liabilities 2021: $18,162,067Net Assets 2021: $2,169,0982021Assets 2022: $20,433,819Liabilities 2022: $17,713,961Net Assets 2022: $2,719,8582022Assets 2023: $20,770,818Liabilities 2023: $17,714,287Net Assets 2023: $3,056,5312023Assets 2024: $20,847,489Liabilities 2024: $17,533,280Net Assets 2024: $3,314,2092024Assets 2025: $20,637,040Liabilities 2025: $17,134,982Net Assets 2025: $3,502,0582025

Highlighted filing

2016

Assets$1,669,077
Liabilities$753,334
Net Assets$915,743

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,051,210Expenses 2011: $3,086,254Net Income 2011: -$35,0442011Revenue 2012: $4,290,605Expenses 2012: $3,964,944Net Income 2012: $325,6612012Revenue 2013: $5,616,544Expenses 2013: $4,903,152Net Income 2013: $713,3922013Revenue 2014: $6,176,229Expenses 2014: $5,661,573Net Income 2014: $514,6562014Revenue 2015: $6,620,547Expenses 2015: $6,505,714Net Income 2015: $114,8332015Revenue 2016: $6,826,962Expenses 2016: $6,943,803Net Income 2016: -$116,8412016Revenue 2017: $8,327,397Expenses 2017: $7,541,541Net Income 2017: $785,8562017Revenue 2018: $7,750,994Expenses 2018: $8,136,171Net Income 2018: -$385,1772018Revenue 2019: $8,721,604Expenses 2019: $8,632,861Net Income 2019: $88,7432019Revenue 2020: $8,649,750Expenses 2020: $9,074,899Net Income 2020: -$425,1492020Revenue 2021: $10,043,088Expenses 2021: $8,736,491Net Income 2021: $1,306,5972021Revenue 2022: $9,838,912Expenses 2022: $9,277,748Net Income 2022: $561,1642022Revenue 2023: $10,095,484Expenses 2023: $9,777,772Net Income 2023: $317,7122023Revenue 2024: $10,886,353Expenses 2024: $10,633,145Net Income 2024: $253,2082024Revenue 2025: $11,322,820Expenses 2025: $11,158,156Net Income 2025: $164,6642025

Highlighted filing

2016

Revenue$6,826,962
Expenses$6,943,803
Net Income-$116,841
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$7,243,266
Mission and Program Overview

Mission

Trinity classical academy is a n0n-profit, non-denominational tk-12 college preparatory christian school. The education is grounded in the classical tradition, and the christian faith. The student body is represented by over 80 different churches in our community. Trinity classical academy is funded by tuition and third party donors.

Trinity classical academy is a n0n-profit, non-denominational tk-12 christian school. The education is concentrated on the christian faith and the student body is represented by over 50 different christian churches in our community. Trinity classical academy is funded by tuition and third party donors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$291,820$592,956▲ $301,136
Accounts Receivable$427,828$487,630▲ $59,802
Pledges and Grants Receivable$443,854$193,146▼ $250,708
Prepaid Expenses and Deferred Charges$50,734$169,384▲ $118,650
Land, Buildings, and Equipment, Net$511,805$149,788▼ $362,017
Investments in Publicly Traded Securities-$34,937-
Savings and Temporary Cash Investments$117,739$24,398▼ $93,341
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,874,368$1,669,077▼ $205,291
Other Assets Total$30,588$16,838▼ $13,750
Liabilities
Deferred Revenue$533,217$341,768▼ $191,449
Unsecured Notes Loans Payable$86,660$282,098▲ $195,438
Accounts Payable and Accrued Expenses$35,219$99,475▲ $64,256
Other Liabilities-$29,993-
Total Liabilities$655,096$753,334▲ $98,238
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$611,558-
Unrestricted Net Assets$1,219,272$304,185▼ $915,087
Total Net Assets Fund Balance$1,219,272$915,743▼ $303,529
Total Liabilities and Net Assets / Fund Balance$1,874,368$1,669,077▼ $205,291

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$50,444$212,066$262,510
Other Land Buildings$81,936$103,521$185,457
Leasehold Improvements$17,408$32,678$50,086
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah E CaddowPresidentFT$159,488$159,488
John BrooksCFOFT$120,600$120,600

Board Members and Trustees

NameTitle
David AndersonDirector
Jeff MeyerDirector
Mark HoffmanDirector
Robert HottonDirector
Phillip Alfeld SrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$826,604
Program Service Revenue
$6,151,225
Investment Income
$-275,938
Other Revenue
$125,071
All Other Contributions
$826,604
Change in Net Assets
$-116,841

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$27,332Average High/low
Total Noncash Contributions2$27,332-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,755,486
Other Expenses$2,188,317
Total Fundraising Expense$96,936
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,231,151$399,356-$3,630,507
Occupancy$749,670--$749,670
Other Employee Benefits$455,113$50,517-$505,630
Payroll Taxes$282,107$42,154-$324,261
All Other Expenses$289,871$20,770-$310,641
Current Officers, Directors, Trustees, and Key Employees$168,053$112,035-$280,088
Other Expenses$96,242-$96,936$96,242
Information Technology$69,447$7,716-$77,163
Depreciation Depletion$62,350--$62,350
Insurance$55,140$6,127-$61,267
Advertising$40,579--$40,579
Office Expenses$33,126$5,846-$38,972
Fees for Services Other$13,584$18,500-$32,084
Pension Plan Contributions$9,000$6,000-$15,000
Interest$13,714--$13,714
Travel$3,226--$3,226
Total Functional Expenses$6,177,846$669,021$96,936$6,943,803
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$193,804
Fundraising Direct Expenses$68,733
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Gala$160,852$160,852$49,106$111,746
Parent Teacher Fellowship$25,615$25,615$19,627$5,988
Total Events$193,804$193,804$68,733$125,071
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Nfs 457f$29,993
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Trinity Classical Academy
EIN
95-4790280
Phone
6613121356
Address
28310 KELLY JOHNSON PKWY, VALENCIA, CA 91355

Signing Officer

Name
John Brooks
Title
CFO
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
25

Preparer

Firm
Garelick Wilkerson & Associates Inc
Address
23822 VALENCIA BLVD STE 304, VALENCIA, CA 91355-5348
Preparer
David S Garelick Ea
Phone
6612860044
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior period adjustment = -$186688

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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/MissionDesc0TRINITY CLASSICAL ACADEMY IS A N0N-PROFIT, NON-DENOMINATIONAL TK-12 CHRISTIAN SCHOOL. THE EDUCATION IS CONCENTRATED ON THE CHRISTIAN FAITH AND THE STUDENT BODY IS REPRESENTED BY OVER 50 DIFFERENT CHRISTIAN CHURCHES IN OUR COMMUNITY. TRINITY CLASSICAL ACADEMY IS FUNDED BY TUITION AND THIRD PARTY DONORS.
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/TotalAmt038972
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IRS990/OtherChangesInNetAssetsAmt0-186688
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt050517
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0455113
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0505630
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IRS990/OtherExpensesGrp/Desc2PROMOTION/FUNDRAISING
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IRS990/OtherExpensesGrp/ProgramServicesAmt1216900
IRS990/OtherExpensesGrp/ProgramServicesAmt296242
IRS990/OtherExpensesGrp/TotalAmt0388573
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IRS990/OtherExpensesGrp/TotalAmt296936
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03231151
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt042154
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06000
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IRS990/PensionPlanContributionsGrp/TotalAmt015000
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IRS990/ProgramServiceRevenueGrp/Desc1MISC INCOME
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IRS990/ProgramServiceRevenueGrp/Desc3SUB LEASE RENTAL
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1312
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1312
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25727789
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31426
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01426
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0408668
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt035017
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02088340
IRS990/PYOtherRevenueAmt0145454
IRS990/PYProgramServiceRevenueAmt06031408
IRS990/PYRevenuesLessExpensesAmt0114833
IRS990/PYSalariesCompEmpBnftPaidAmt04417374
IRS990/PYTotalExpensesAmt06505714
IRS990/PYTotalRevenueAmt06620547
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-116841
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0117739
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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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt050444
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0212066
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0262510
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt017408
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt032678
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt050086
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt081936
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0103521
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0185457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029993
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NFS 457F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149788
IRS990ScheduleD/TotalLiabilityAmt029993
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
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0PARENT TEACHER FELLOWSHIP
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0160852
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0125071
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
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IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SARAH E CADDOW

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$17.1$3.50$11.3$11.2$0.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$17.5$3.31$10.9$10.6$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.8$17.7$3.06$10.1$9.78$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$17.7$2.72$9.84$9.28$0.56
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$18.2$2.17$10.0$8.74$1.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.3$19.5$0.81$8.65$9.07$0.43
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$17.4$1.24$8.72$8.63$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$1.18$1.15$7.75$8.14$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.72$1.55$8.33$7.54$0.79
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.75$0.92$6.83$6.94$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.87$0.66$1.22$6.62$6.51$0.11
2014Summary only. Only limited summary data is available for this year.$2.04$0.94$1.10$6.18$5.66$0.51
2013Summary only. Only limited summary data is available for this year.$1.69$0.86$0.83$5.62$4.90$0.71
2012Summary only. Only limited summary data is available for this year.$0.95$1.01$0.06$4.29$3.96$0.33
2011Summary only. Only limited summary data is available for this year.$0.53$0.87$0.34$3.05$3.09$0.04