Trinitas Foundation

Search Intent Cockpit

Trinitas Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Trinitas Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Trinitas Foundation in one place.

Is Trinitas Foundation Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Trinitas Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Health peer market in New Jersey →

Next Best Actions

Keep the Investigation Moving

Trinitas Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Trinitas Foundation

Trinitas Foundation (EIN: 222353773) is a nonprofit organization based in Oceanport, NJ, classified under NTEE code E22I. The organization reported total revenue of $2.9M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinitas Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Trinitas Foundation is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Trinitas Foundation reported a deficit of $9.5M with expenses exceeding revenue, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Trinitas Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Trinitas Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 30%
• programs: 60%
• fundraising: 10%

According to IRS 990 filings, Trinitas Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a deficit of $9.5M, with expenses exceeding revenue.
• Debt-to-asset ratio: 6.5%.

Executive Compensation Analysis

Executive compensation is reported as 0% in all available filings, which is unusual for an organization with significant assets and expenses, suggesting potential underreporting or alternative compensation structures.

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.

Red Flags

The following concerns were identified during AI analysis of Trinitas Foundation's IRS 990 filings:

• Significant and consistent decline in revenue over the past several years, from $9.8M in 2017 to $2.9M in 2023.
• Expenses ($12,856,663 in 2023) far exceeded revenue ($3,308,153 in 2023), leading to a substantial deficit.
• Reporting 0% compensation for all highest-paid employees across multiple years raises questions about transparency.
• Assets decreased significantly from $15,389,954 in 2022 to $7,304,212 in 2023.

Strengths

The following positive indicators were identified for Trinitas Foundation:

• Maintains substantial assets, despite recent declines, with $7,304,212 reported in 2023.
• Consistent filing of financial documents, indicating adherence to regulatory requirements.

Frequently Asked Questions about Trinitas Foundation

Filing History

IRS 990 filing history for Trinitas Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Trinitas Foundation's revenue has grown by 9.5%, moving from $3.0M to $3.3M. Total assets increased by 47.7% over the same period, from $4.9M to $7.3M. Total functional expenses rose by 284.9%, from $3.3M to $12.9M. In its most recent filing year (2023), Trinitas Foundation reported a deficit of $9.5M, with expenses exceeding revenue. The organization holds $477K in liabilities against $7.3M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $6.8M.

Year-by-Year Financial Summary

• 2023: Revenue of $3.3M, expenses of $12.9M, and assets of $7.3M (revenue -10.3% year-over-year).
• 2022: Revenue of $3.7M, expenses of $3.7M, and assets of $15.4M (revenue -47.7% year-over-year).
• 2021: Revenue of $7.1M, expenses of $4.1M, and assets of $15.0M (revenue +2.3% year-over-year).
• 2020: Revenue of $6.9M, expenses of $3.8M, and assets of $11.7M (revenue +24.0% year-over-year).
• 2019: Revenue of $5.6M, expenses of $5.5M, and assets of $8.2M (revenue +18.6% year-over-year).
• 2018: Revenue of $4.7M, expenses of $6.6M, and assets of $7.7M (revenue -52.3% year-over-year).
• 2017: Revenue of $9.8M, expenses of $7.4M, and assets of $9.9M (revenue +39.2% year-over-year).
• 2016: Revenue of $7.1M, expenses of $7.8M, and assets of $7.3M (revenue +24.4% year-over-year).
• 2015: Revenue of $5.7M, expenses of $4.0M, and assets of $7.8M (revenue +8.4% year-over-year).
• 2014: Revenue of $5.2M, expenses of $5.2M, and assets of $6.3M (revenue +27.7% year-over-year).
• 2013: Revenue of $4.1M, expenses of $3.9M, and assets of $6.2M (revenue +28.2% year-over-year).
• 2012: Revenue of $3.2M, expenses of $2.3M, and assets of $5.9M (revenue +5.9% year-over-year).
• 2011: Revenue of $3.0M, expenses of $3.3M, and assets of $4.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Trinitas Foundation:

Data Sources and Methodology

This transparency report for Trinitas Foundation 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.