Trinity Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,051,851 | 1,207,022 | −155,171 | 0.3 | 57% |
| 2012 | 948,089 | 1,145,787 | −197,698 | -1.8 | 59% |
| 2013 | 1,248,091 | 1,096,700 | 151,391 | -0.2 | 59% |
| 2014 | 1,088,018 | 1,149,044 | −61,026 | -0.9 | 65% |
| 2015 | 1,069,369 | 1,185,442 | −116,073 | -2.0 | 62% |
| 2016 | 1,065,455 | 1,159,922 | −94,467 | -3.0 | 63% |
| 2017 | 848,851 | 989,923 | −141,072 | -5.3 | 63% |
| 2018 | 838,217 | 890,690 | −52,473 | -6.5 | 59% |
| 2019 | 966,840 | 875,541 | 91,299 | -5.4 | 51% |
| 2020 | 505,122 | 721,259 | −216,137 | -10.2 | 62% |
| 2021 | 597,192 | 596,058 | 1,134 | -12.3 | 65% |
| 2022 | 728,220 | 522,383 | 205,837 | -9.3 | 56% |
| 2023 | 645,300 | 518,381 | 126,919 | -6.4 | 55% |
In its most recent public year (2023), this organization brought in $126,919 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.4 months), down from 0.3 in 2011. Staff pay was 55% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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