TRIVIUM SCHOOL INC

EIN: 042683759 501(c)(3)

LANCASTER, MA

Total Revenue
$1,237,428
Total Expenses
$995,701
Total Assets
$2,290,767
Net Assets
$2,141,515
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MA
Principal Officer
DR WILLIAM SCHMITT
Phone
9783654795
Tax Period
2023-07-01 to 2024-06-30

TRIVIUM SCHOOL INC, founded in 1979, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $242K, a strong 20% operating margin.

Mission

TRIVIUM SCHOOL GRADUATES YOUNG LADIES AND GENTLEMEN INFORMED AND PRACTICED IN THE PATHWAYS OF WHAT IS GOOD, TRUE AND BEAUTIFUL. THIS IS ACCOMPLISHED BY A RIGOROUS COURSE OF PRE-LIBERAL ARTS DISCIPLINES BASED ON THE CLASSICAL SEVEN LIBERAL ARTS AND ON THE FINE ARTS OF THE BEAUTIFUL. THESE STUDIES AIM AT ACQUIRING THE INTELLECTUAL HABITS OF LEARNING AND BEING INFORMED BY THE PERENNIAL PRINCIPLES AND IDEAS AT THE VERY CORE OF THE GRAECO-ROMAN, JUDEO-CHRISTIAN CULTURE. TRIVIUM IS A CATHOLIC SCHOOL LOYAL TO THE SACRED SCRIPTURES AND HOLY TRADITION AS MEDIATED BY THE MAGISTERIUM OF THE ROMAN CATHOLIC CHURCH.

Program Service Accomplishments

Program 1
Expenses: $660,553 Revenue: $694,178

THE SCHOOL HAS BEEN GRADUATING CLASSES SINCE 1980 AND THE CLASS OF 2023 GRADUATED IN MAY 2023. OUR STUDENTS GO ON TO PURSUE ADVANCED EDUCATION, MILITARY ELISTMETN AS WELL AS OTHER VOCATION RELATED...

Read more

THE SCHOOL HAS BEEN GRADUATING CLASSES SINCE 1980 AND THE CLASS OF 2023 GRADUATED IN MAY 2023. OUR STUDENTS GO ON TO PURSUE ADVANCED EDUCATION, MILITARY ELISTMETN AS WELL AS OTHER VOCATION RELATED AREAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $490,098
Program Service Revenue $694,178
Investment Income $51,886
Other Revenue $1,266
TOTAL REVENUE $1,237,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $710,325
Fundraising Expenses $6,916
Program Expenses $660,553
Other Expenses $285,376
TOTAL EXPENSES $995,701

Year-over-Year Comparison

2023 2022 Change
Revenue $1,237,428 $1,067,188 +0.2%
Expenses $995,701 $849,237 +0.2%
Net Income $241,727 $217,951 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
19
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$89,629
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARL SCHMITT ESQ PRESIDENT 2.00
Officer Director
$0 $0 $0
MARK LANGLEY TRUSTEE 1.00
Director
$0 $0 $0
JAMES GALLAGHER TRUSTEE 1.00
Director
$0 $0 $0
EDWARD TURNER SECRETARY 1.00
Officer Director
$0 $0 $0
KENNETH KAULBACH ESQ TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH FORKEY PHD TRUSTEE 1.00
Director
$0 $0 $0
HEATHER FORKEY MD TRUSTEE 1.00
Director
$0 $0 $0
CAROLINE TOWNSEND TRUSTEE 1.00
Director
$0 $0 $0
DR WILLIAM SCHMITT HEADMASTER/TREASURER 50.00
Officer
$89,629 $0 $89,629
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,237,428 $995,701 $2,290,767 $241,727
2023 $1,067,188 $849,237 $1,968,039 $217,951
2022 $1,420,635 $753,163 $1,993,272 $667,472
2021 $883,332 $632,935 $1,505,006 $250,397
2020 $619,242 $614,176 $1,174,622 $5,066
2019 $674,515 $554,002 $1,196,261 $120,513
2018 $581,006 $552,461 $1,093,817 $28,545
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TRIVIUM SCHOOL INC with other nonprofits in Massachusetts and across the country.