Holy Trinity Academy
Holy Trinity Academy maintains stable finances with no reported officer compensation.
EIN: 201145103 · Trinidad, CO · NTEE: B24 · Updated: 2026-03-28
About Holy Trinity Academy
Holy Trinity Academy (EIN: 201145103) is a nonprofit organization based in Trinidad, CO, classified under NTEE code B24. The organization reported total revenue of $355K and total assets of $801K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holy Trinity Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holy Trinity Academy with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Holy Trinity Academy allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Holy Trinity Academy consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue is used for executive salaries, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Holy Trinity Academy:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Significant growth in assets from $69,210 in 2018 to $648,139 in 2023, demonstrating financial stability.
- Regular filing of IRS Form 990s over 13 periods, indicating strong transparency.
- Generally operates with a surplus or near break-even budget, such as in 2023 where revenue ($244,427) exceeded expenses ($235,425).
Frequently Asked Questions about Holy Trinity Academy
Is Holy Trinity Academy a good charity?
Based on the provided data, Holy Trinity Academy appears to be a well-managed organization. It consistently reports no officer compensation, indicating that all funds are directed towards its mission. Its assets have grown substantially, and it generally operates with a surplus or near break-even budget.
How has Holy Trinity Academy's financial health changed over time?
Holy Trinity Academy's financial health has improved significantly, particularly in asset growth. Assets increased from $69,210 in 2018 to $648,139 in 2023. While revenue and expenses fluctuate, the organization has maintained a stable financial position, often generating a surplus.
What is the trend in Holy Trinity Academy's revenue and expenses?
Revenue and expenses for Holy Trinity Academy show some variability. For example, revenue was $323,612 in 2019 but dropped to $168,242 in 2020, then rebounded to $291,089 in 2021. Expenses generally track revenue, with the organization often operating with a small surplus, such as in 2023 where revenue ($244,427) exceeded expenses ($235,425).
Filing History
IRS 990 filing history for Holy Trinity Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holy Trinity Academy's revenue has grown by 65.7%, moving from $148K to $244K. Total assets increased by 1883.9% over the same period, from $33K to $648K. Total functional expenses rose by 83.3%, from $128K to $235K. In its most recent filing year (2023), Holy Trinity Academy reported a surplus of $9K, with revenue exceeding expenses. The organization holds $331K in liabilities against $648K in assets (debt-to-asset ratio: 51.1%), resulting in net assets of $317K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $235K | $648K | $331K | — | — |
| 2022 | $187K | $231K | $651K | $350K | — | View 990 |
| 2021 | $291K | $187K | $709K | $363K | — | — |
| 2020 | $168K | $165K | $670K | $429K | — | — |
| 2019 | $324K | $155K | $657K | $420K | — | — |
| 2018 | $168K | $188K | $69K | $472 | — | View 990 |
| 2017 | $186K | $139K | $86K | $400 | — | View 990 |
| 2016 | $193K | $234K | $45K | $6K | — | View 990 |
| 2015 | $185K | $186K | $78K | $368 | — | View 990 |
| 2014 | $167K | $161K | $79K | $567 | — | View 990 |
| 2013 | $174K | $153K | $74K | $390 | — | View 990 |
| 2012 | $158K | $123K | $53K | $949 | — | View 990 |
| 2011 | $148K | $128K | $33K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $235K, and assets of $648K (revenue +30.6% year-over-year).
- 2022: Revenue of $187K, expenses of $231K, and assets of $651K (revenue -35.7% year-over-year).
- 2021: Revenue of $291K, expenses of $187K, and assets of $709K (revenue +73.0% year-over-year).
- 2020: Revenue of $168K, expenses of $165K, and assets of $670K (revenue -48.0% year-over-year).
- 2019: Revenue of $324K, expenses of $155K, and assets of $657K (revenue +92.1% year-over-year).
- 2018: Revenue of $168K, expenses of $188K, and assets of $69K (revenue -9.4% year-over-year).
- 2017: Revenue of $186K, expenses of $139K, and assets of $86K (revenue -3.8% year-over-year).
- 2016: Revenue of $193K, expenses of $234K, and assets of $45K (revenue +4.3% year-over-year).
- 2015: Revenue of $185K, expenses of $186K, and assets of $78K (revenue +11.2% year-over-year).
- 2014: Revenue of $167K, expenses of $161K, and assets of $79K (revenue -4.0% year-over-year).
- 2013: Revenue of $174K, expenses of $153K, and assets of $74K (revenue +9.8% year-over-year).
- 2012: Revenue of $158K, expenses of $123K, and assets of $53K (revenue +7.1% year-over-year).
- 2011: Revenue of $148K, expenses of $128K, and assets of $33K.
Data Sources and Methodology
This transparency report for Holy Trinity Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.