TRINITY PREPARATORY ACADEMY

EIN: 852688118 501(c)(3) Education

Chattanooga, TN

Total Revenue
$5,523
Total Expenses
$5,523
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
TN
Phone
4234667844
Tax Period
2022-05-01 to 2023-04-30

TRINITY PREPARATORY ACADEMY, founded in 2020, is a micro nonprofit in the Education sector that reported $6K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year.

Mission

TO TEACH THE PRINCIPLES OF CHRISTIAN LOVE THROUGH THE EDUCATIONAL PROCESS SO THAT ALL STUDENTS REGARDLESS OF RESOURCES CAN PERSUE THE EXCELLENCE OF THEIR DIVINE PURPOSE

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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 (2022)

Revenue Breakdown

Contributions & Grants $5,523
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,523
TOTAL EXPENSES $5,523

Year-over-Year Comparison

2022 2021 Change
Revenue $5,523 $5,995 -0.1%
Expenses $5,523 $5,995 -0.1%
Net Income $0 N/A N/A
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
4

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE ROLLEN PRESIDENT 24.00
Officer
$0 $0 $0
WILHEMENIA HOGG VICE PRESIDENT 24.00
Officer
$0 $0 $0
EDMUND LOCKHART DIRECTOR OF STUDENT AFFAIRS N/A
Officer
$0 $0 $0
SHERRY ROLLEN SECRETARY 24.00
Officer
$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
2023 $5,523 $5,523 No data No data
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