Trinity School Inc

EIN: 591708962 501(c)(3) Education

Rutherfordton, NC

Total Revenue
$1,723,805
Total Expenses
$1,333,031
Total Assets
$2,502,978
Net Assets
$2,487,884
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NC
Tax Period
2023-07-01 to 2024-06-30

Trinity School Inc, founded in 1976, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $391K, a strong 23% operating margin.

Mission

Education / School

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $162,797
Program Service Revenue $1,517,447
Investment Income $19,145
Other Revenue $24,416
TOTAL REVENUE $1,723,805

Expense Breakdown

Grants Paid $0
Salaries & Benefits $913,886
Fundraising Expenses $0
Program Expenses $1,333,031
Other Expenses $419,145
TOTAL EXPENSES $1,333,031

Year-over-Year Comparison

2023 2022 Change
Revenue $1,723,805 $1,485,092 +0.2%
Expenses $1,333,031 $1,173,560 +0.1%
Net Income $390,774 $311,532 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
60
Volunteers
10

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
0
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Sanders Headmaster 45.00
Key Emp
$0 $0 $0
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 $1,723,805 $1,333,031 $2,502,978 $390,774
2023 $1,485,092 $1,173,560 $2,109,253 $311,532
2022 $1,169,907 $1,003,259 $1,720,614 $166,648
2021 $977,786 $842,943 $1,609,735 $134,843
2020 $1,003,273 $830,959 $1,588,656 $172,314
2020 $896,673 $830,959 $1,588,656 $65,714
2019 $1,161,423 $893,908 $1,422,873 $267,515
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