Trinity Christian Academy Foundation
- Assets
- $19.6m
- Revenue
- $2.7m
- Investments
- $4.3m
- Employees
- 0
- Location
- Addison, TX
- Founding
- 07/2015
- Data as of
- 07/2021
- EIN
- 75-2080121
Organization Overview
Trinity Christian Academy Foundation is located in Addison, TX. The organization was established in 2015. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Christian Academy Foundation 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 07/2021, Trinity Christian Academy Foundation generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $4.4m during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Trinity Christian Academy Foundation has awarded 29 individual grants totaling $15,242,128. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRINITY CHRISTIAN ACADEMY WITH MONEY FOR STUDENT TUITION ASSISTANCE, AND OTHER EXPENDITURES INCURRED (I.E. CAPITAL IMPROVEMENTS) WHILE CARRYING OUT ITS EDUCATIONAL PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwards Marshall Treasurer | OfficerTrustee | 2 | $0 |
Delph Dave Headmaster | Officer | 40 | $0 |
Rodriguez Brian Business Manager/secretary | Officer | 40 | $0 |
Lewis Rebecca Executive Director Of Deve | Officer | 40 | $0 |
Cotter Ka Board Member | Trustee | 2 | $0 |
Wayte Melissa Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $601,224 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,832,672 |
| Noncash contributions included in lines 1a–1f | $67,552 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,433,896 |
| Total Program Service Revenue | $0 |
| Investment income | $11,668 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $62 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $109,066 |
| Net Income from Fundraising Events | $176,240 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,713,270 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,529,065 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $261,313 |
| Compensation of current officers, directors, key employees. | $261,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $430,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,366 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $51,355 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,159 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,578 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,399,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,852,440 |
| Pledges and grants receivable | $2,138,256 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $200 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,309,300 |
| Investments—other securities | $4,304,614 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,604,810 |
| Accounts payable and accrued expenses | $15,120 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,120 |
| Net assets without donor restrictions | $385,166 |
| Net assets with donor restrictions | $19,204,524 |
| 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 | $19,604,810 |
Grants Awarded
Over the last fiscal year, Trinity Christian Academy Foundation has awarded $3,529,065 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Addison, TX PURPOSE: FACILITY ENHANCEMENT | $1,638,144 |
Addison, TX PURPOSE: STUDENT TUITION ASSISTANCE | $1,168,898 |
Addison, TX PURPOSE: COVID | $344,642 |
Addison, TX PURPOSE: ACADEMY ORGANIZATIONS | $298,799 |
Addison, TX PURPOSE: TEACHER ENRICHMENT | $78,582 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Trinity Christian Academy Foundation has recieved totaling $250,255.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $121,000 |
Hillcrest Foundation Dallas, TX PURPOSE: CAMPUS SECURITY FENCE AND ENTRANCE GATE | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,749 |
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $9,000 |
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $4,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Endowment Analysis
| Beg. Balance | $8,718,770 |
| Earnings | $2,168,553 |
| Admin Expense | $160,000 |
| Net Contributions | $129,089 |
| Other Expense | $404,697 |
| Ending Balance | $10,451,715 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisiana At Lafayette Foundation Lafayette, LA | $292,703,277 | $46,235,918 |
Louisiana Tech University Foundation Inc Ruston, LA | $117,962,998 | $18,845,072 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
America Can Cars For Kids Dallas, TX | $4,240,577 | $12,374,341 |
Friends Of Imagine International Academy Of North Texas Mckinney, TX | $32,038,501 | $13,231,420 |
Cynthia & Geo Mitchell Foundation The Woodlands, TX | $379,261,425 | $375,406 |
University Of Texas Law School Foundation Austin, TX | $263,458,115 | $22,437,207 |
Dallas Seminary Foundation Dallas, TX | $76,216,359 | $8,000,736 |
Sul Ross State University Foundation Alpine, TX | $1,687,998 | $1,230,429 |
University Of New Orleans Foundation New Orleans, LA | $129,213,862 | $21,783,517 |
Grambling High Foundation Grambling, LA | $36,491,619 | $11,923,300 |
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |