Trinity At Topsaw Inc
Trinity At Topsaw Inc consistently operates at a deficit, spending significantly more than its minimal annual revenue.
EIN: 204388014 · Georgetown, SC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $23K |
| Program Spending | 75% |
| Net Assets | $2.5M |
| Transparency Score | 45/100 |
Is Trinity At Topsaw Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity At Topsaw Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity At Topsaw Inc
Trinity At Topsaw Inc (EIN: 204388014) is a nonprofit organization based in Georgetown, SC. The organization reported total revenue of $1K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity At Topsaw Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity At Topsaw Inc is a micro nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $23K |
| Surplus / Deficit | $-19,825 |
| Total Assets | $2.5M |
| Net Assets | $2.5M |
| Operating Margin | -722.2% |
| Months of Reserves | 1354.5 months |
Financial Health Grade: B
In 2023, Trinity At Topsaw Inc reported a deficit of $20K with expenses exceeding revenue, holds 1354.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Trinity At Topsaw Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | -47.8% | -0.8% |
| 2022 | -72.4% | +14.0% | -1.5% |
| 2021 | +1781.2% | +39.2% | -0.9% |
| 2020 | -89.5% | -31.7% | -1.0% |
| 2019 | +434.3% | -37.0% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2008 |
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 Trinity At Topsaw Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Trinity At Topsaw Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-reportable means, which is typical for very small, volunteer-run organizations.
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 Trinity At Topsaw Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $2,745 revenue vs. $22,570 expenses in 2023).
- Very low reported revenue compared to substantial assets ($2.5M+), raising questions about asset utilization.
- Lack of clear information on program activities and impact given the financial data.
Strengths
The following positive indicators were identified for Trinity At Topsaw Inc:
- Substantial asset base ($2,529,607 latest assets) provides long-term financial stability.
- Zero reported liabilities across all filings indicates no debt burden.
- Zero officer compensation suggests a volunteer-driven or highly cost-conscious leadership.
Frequently Asked Questions about Trinity At Topsaw Inc
Is Trinity At Topsaw Inc a legitimate charity?
Trinity At Topsaw Inc (EIN: 204388014) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $1K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Trinity At Topsaw Inc spend its money?
Trinity At Topsaw Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Trinity At Topsaw Inc tax-deductible?
Trinity At Topsaw Inc is registered as a tax-exempt nonprofit (EIN: 204388014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity At Topsaw Inc's spending goes to programs?
Trinity At Topsaw Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Trinity At Topsaw Inc located?
Trinity At Topsaw Inc is headquartered in Georgetown, South Carolina and files with the IRS under EIN 204388014.
How many years of IRS 990 filings does Trinity At Topsaw Inc have?
Trinity At Topsaw Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1K in total revenue.
What is the primary source of funding for Trinity At Topsaw Inc, given its consistently low reported revenue?
The filings show very low revenue, often less than $10,000 annually, while expenses are consistently higher. This suggests the organization may be relying on a significant endowment, non-cash contributions, or other funding sources not fully captured in the reported revenue lines.
How does Trinity At Topsaw Inc sustain its operations with expenses consistently exceeding revenue?
With expenses like $22,570 in 2023 against only $2,745 in revenue, the organization is likely drawing down on its substantial assets ($2,547,572 in 2023) or receiving significant non-cash support to cover its operational costs.
What are the specific programs or activities that Trinity At Topsaw Inc conducts?
The NTEE code is unknown, and the financial data alone doesn't detail specific program spending, making it difficult to assess the nature and scope of its charitable activities.
Filing History
IRS 990 filing history for Trinity At Topsaw Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity At Topsaw Inc's revenue has declined by 92.3%, moving from $35K to $3K. Total assets increased by 6948.6% over the same period, from $36K to $2.5M. Total functional expenses fell by 48%, from $43K to $23K. In its most recent filing year (2023), Trinity At Topsaw Inc reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $23K | $2.5M | $0 | — | — |
| 2022 | $4K | $43K | $2.6M | $0 | — | View 990 |
| 2021 | $13K | $38K | $2.6M | $0 | — | — |
| 2020 | $693 | $27K | $2.6M | $0 | — | — |
| 2019 | $7K | $40K | $2.7M | $0 | — | View 990 |
| 2018 | $1K | $63K | $2.7M | $0 | — | View 990 |
| 2017 | $415 | $43K | $2.8M | $0 | — | View 990 |
| 2016 | $173K | $17K | $2.8M | $0 | — | View 990 |
| 2015 | $2.6M | $15K | $2.6M | $0 | — | View 990 |
| 2014 | $8K | $16K | $31K | $0 | — | View 990 |
| 2013 | $10K | $25K | $38K | $0 | — | View 990 |
| 2012 | $34K | $17K | $53K | $0 | — | View 990 |
| 2011 | $35K | $43K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $23K, and assets of $2.5M (revenue -23.8% year-over-year).
- 2022: Revenue of $4K, expenses of $43K, and assets of $2.6M (revenue -72.4% year-over-year).
- 2021: Revenue of $13K, expenses of $38K, and assets of $2.6M (revenue +1781.2% year-over-year).
- 2020: Revenue of $693, expenses of $27K, and assets of $2.6M (revenue -89.5% year-over-year).
- 2019: Revenue of $7K, expenses of $40K, and assets of $2.7M (revenue +434.3% year-over-year).
- 2018: Revenue of $1K, expenses of $63K, and assets of $2.7M (revenue +198.1% year-over-year).
- 2017: Revenue of $415, expenses of $43K, and assets of $2.8M (revenue -99.8% year-over-year).
- 2016: Revenue of $173K, expenses of $17K, and assets of $2.8M (revenue -93.4% year-over-year).
- 2015: Revenue of $2.6M, expenses of $15K, and assets of $2.6M (revenue +31013.4% year-over-year).
- 2014: Revenue of $8K, expenses of $16K, and assets of $31K (revenue -13.8% year-over-year).
- 2013: Revenue of $10K, expenses of $25K, and assets of $38K (revenue -71.5% year-over-year).
- 2012: Revenue of $34K, expenses of $17K, and assets of $53K (revenue -2.9% year-over-year).
- 2011: Revenue of $35K, expenses of $43K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity At Topsaw Inc:
Data Sources and Methodology
This transparency report for Trinity At Topsaw Inc 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.