Trinity Episcopal School Inc
- Assets
- $26.7m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 175
- Location
- Richmond, VA
- Founding
- 11/1971
- Data as of
- 06/2022
- EIN
- 54-0891886
Organization Overview
Trinity Episcopal School Inc is located in Richmond, VA. The organization was established in 1971. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Trinity Episcopal School Inc employed 175 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Episcopal School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Trinity Episcopal School Inc generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $14.2m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION, ATHLETICS AND SOCIAL INTERACTION FOR STUDENTS IN GRADES 8-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION
STUDENT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Short Head Of School | Officer | 40 | $166,710 |
Joseph Monaco Director Of Business Opera | Officer | 40 | $120,631 |
John G Mills Treasurer | OfficerTrustee | 1 | $0 |
Chase Hill Jr Chair | OfficerTrustee | 1 | $0 |
Cynthia Coleman Secretary | OfficerTrustee | 1 | $0 |
Chris Ellis Vice Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kjellstrom And Lee Inc Contractor | 6/29/18 | $565,190 |
Phynorris Cleaning Service Janitorial Services | 6/29/18 | $111,355 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $805,433 |
| Noncash contributions included in lines 1a–1f | $25,413 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $805,433 |
| Total Program Service Revenue | $13,418,838 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $113,186 |
| Royalties | $0 |
| Net Rental Income | $11,273 |
| Net Gain/Loss on Asset Sales | $245,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $61,280 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,683,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,194,550 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $324,457 |
| Compensation of current officers, directors, key employees. | $194,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,417,474 |
| Pension plan accruals and contributions | $753,619 |
| Other employee benefits | $112,871 |
| Payroll taxes | $423,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $61,820 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $75,483 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $126,907 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $212,155 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,190,008 |
| Insurance | $0 |
| All other expenses | $905,421 |
| Total functional expenses | $14,176,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,269,121 |
| Pledges and grants receivable | $168,535 |
| Accounts receivable, net | $412,407 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $62,304 |
| Prepaid expenses and deferred charges | $132,178 |
| Net Land, buildings, and equipment | $18,539,856 |
| Investments—publicly traded securities | $5,090,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,816 |
| Total assets | $26,705,418 |
| Accounts payable and accrued expenses | $702,893 |
| Grants payable | $0 |
| Deferred revenue | $689,047 |
| Tax-exempt bond liabilities | $4,524,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,497,485 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $160,153 |
| Total liabilities | $7,573,578 |
| Net assets without donor restrictions | $18,213,323 |
| Net assets with donor restrictions | $918,517 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,705,418 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Trinity Episcopal School Inc has recieved totaling $64,140.
| Awarding Organization | Amount |
|---|---|
Anna Julia Cooper School Richmond, VA PURPOSE: USED FOR LOW-INCOME CHILDREN TO ATTEND NONPUBLIC SCHOOL IN VIRGINIA. | $35,000 |
Mary Morton Parsons Foundation Richmond, VA PURPOSE: SUPPORT GENERAL OPERATIONS | $10,000 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $7,250 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,947 |
William G Reynolds Jr Charitable Foundation Richmond, VA PURPOSE: UNRESTRICTED | $5,000 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $500 |
Endowment Analysis
| Beg. Balance | $579,447 |
| Earnings | -$18,280 |
| Net Contributions | $28,325 |
| Other Expense | $1,500 |
| Ending Balance | $587,992 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ensworth School Nashville, TN | $203,625,309 | $44,175,360 |
Washington International School Washington, DC | $132,347,025 | $55,642,872 |
American Embassy School Association Washington Dc, DC | $98,314,140 | $33,598,614 |
Capital City Public Charter School Inc Washington, DC | $43,801,166 | $29,982,294 |
Freedom Preparatory Academy Inc Memphis, TN | $50,857,494 | $33,295,008 |
Cannon School Inc Concord, NC | $52,291,449 | $28,580,834 |
Thales Academy Raleigh, NC | $136,454,160 | $55,473,682 |
Franklin Road Academy Inc Nashville, TN | $58,128,778 | $31,046,189 |
Brentwood Academy Inc Brentwood, TN | $50,379,157 | $25,930,047 |
Lake Norman Charter School Inc Huntersville, NC | $64,551,351 | $25,126,213 |
Two Rivers Public Charter School Inc Washington, DC | $70,128,237 | $23,149,054 |
Greensboro Independent School Corporation Greensboro, NC | $42,520,891 | $22,760,621 |