Trinity Cathedral Academy Inc
Trinity Cathedral Academy Inc consistently operates with tight margins and no reported executive compensation.
EIN: 200476551 · Trenton, NJ · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $732K |
| Total Expenses | $764K |
| Program Spending | 90% |
| Net Assets | $45K |
| Transparency Score | 85/100 |
Is Trinity Cathedral Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Cathedral Academy Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Cathedral Academy Inc
Trinity Cathedral Academy Inc (EIN: 200476551) is a nonprofit organization based in Trenton, NJ, classified under NTEE code B24. The organization reported total revenue of $732K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Cathedral Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Cathedral Academy Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $767K |
| Total Expenses | $764K |
| Surplus / Deficit | +$3K |
| Total Assets | $45K |
| Total Liabilities | $628 |
| Net Assets | $45K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Trinity Cathedral Academy Inc reported a surplus of $3K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Cathedral Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.6% | +17.1% | +6.2% |
| 2022 | +20.5% | +22.3% | -38.4% |
| 2021 | -23.0% | -19.9% | -17.2% |
| 2020 | +9.8% | +5.3% | +10.6% |
| 2019 | -6.5% | +2.5% | -19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Cathedral Academy Inc 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Trinity Cathedral Academy Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of its size and revenue.
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 Cathedral Academy Inc's IRS 990 filings:
- Slow asset growth relative to annual revenue
- Reappearance of liabilities in recent years after periods of zero liabilities
Strengths
The following positive indicators were identified for Trinity Cathedral Academy Inc:
- Consistent revenue generation over the past decade
- No reported executive compensation, indicating high efficiency and mission focus
- Expenses closely managed to revenue, suggesting operational efficiency
- Clear and consistent IRS 990 filing history
Frequently Asked Questions about Trinity Cathedral Academy Inc
Is Trinity Cathedral Academy Inc a legitimate charity?
Trinity Cathedral Academy Inc (EIN: 200476551) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $732K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Trinity Cathedral Academy Inc spend its money?
Trinity Cathedral Academy Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Trinity Cathedral Academy Inc tax-deductible?
Trinity Cathedral Academy Inc is registered as a tax-exempt nonprofit (EIN: 200476551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Cathedral Academy Inc's spending goes to programs?
Trinity Cathedral Academy Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Cathedral Academy Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trinity Cathedral Academy Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Cathedral Academy Inc located?
Trinity Cathedral Academy Inc is headquartered in Trenton, New Jersey and files with the IRS under EIN 200476551. It is classified under NTEE code B24.
How many years of IRS 990 filings does Trinity Cathedral Academy Inc have?
Trinity Cathedral Academy 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 $732K in total revenue.
Is Trinity Cathedral Academy Inc a good charity?
Based on the available data, Trinity Cathedral Academy Inc appears to be a good charity. It consistently operates with revenues closely matching expenses, indicating efficient use of funds, and reports 0% officer compensation, suggesting a strong commitment to its mission.
How has Trinity Cathedral Academy Inc's financial health changed over time?
The organization has shown consistent revenue growth from $568,384 in 201408 to $767,074 in 202308. Assets have also grown from $6,514 in 201408 to $45,338 in 202308, indicating a gradual strengthening of its financial position, though liabilities have reappeared in recent years.
What is the organization's approach to executive compensation?
Trinity Cathedral Academy Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is a significant indicator of its dedication to directing all funds towards its programmatic activities.
Filing History
IRS 990 filing history for Trinity Cathedral Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Cathedral Academy Inc's revenue has grown by 17%, moving from $655K to $767K. Total assets increased by 1017.2% over the same period, from $4K to $45K. Total functional expenses rose by 11.9%, from $683K to $764K. In its most recent filing year (2023), Trinity Cathedral Academy Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $628 in liabilities against $45K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $767K | $764K | $45K | $628 | — | View 990 |
| 2022 | $626K | $653K | $43K | $748 | — | View 990 |
| 2021 | $519K | $534K | $69K | $0 | — | View 990 |
| 2020 | $674K | $666K | $84K | $0 | — | View 990 |
| 2019 | $615K | $633K | $76K | $0 | — | View 990 |
| 2018 | $657K | $617K | $94K | $0 | — | View 990 |
| 2017 | $666K | $628K | $55K | $0 | — | View 990 |
| 2016 | $622K | $613K | $20K | $4K | — | View 990 |
| 2015 | $607K | $568K | $8K | $0 | — | View 990 |
| 2014 | $568K | $584K | $7K | $37K | — | View 990 |
| 2013 | $635K | $595K | $8K | $23K | — | View 990 |
| 2012 | $605K | $611K | $3K | $58K | — | View 990 |
| 2011 | $655K | $683K | $4K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $767K, expenses of $764K, and assets of $45K (revenue +22.6% year-over-year).
- 2022: Revenue of $626K, expenses of $653K, and assets of $43K (revenue +20.5% year-over-year).
- 2021: Revenue of $519K, expenses of $534K, and assets of $69K (revenue -23.0% year-over-year).
- 2020: Revenue of $674K, expenses of $666K, and assets of $84K (revenue +9.8% year-over-year).
- 2019: Revenue of $615K, expenses of $633K, and assets of $76K (revenue -6.5% year-over-year).
- 2018: Revenue of $657K, expenses of $617K, and assets of $94K (revenue -1.4% year-over-year).
- 2017: Revenue of $666K, expenses of $628K, and assets of $55K (revenue +7.1% year-over-year).
- 2016: Revenue of $622K, expenses of $613K, and assets of $20K (revenue +2.5% year-over-year).
- 2015: Revenue of $607K, expenses of $568K, and assets of $8K (revenue +6.7% year-over-year).
- 2014: Revenue of $568K, expenses of $584K, and assets of $7K (revenue -10.6% year-over-year).
- 2013: Revenue of $635K, expenses of $595K, and assets of $8K (revenue +5.0% year-over-year).
- 2012: Revenue of $605K, expenses of $611K, and assets of $3K (revenue -7.7% year-over-year).
- 2011: Revenue of $655K, expenses of $683K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Cathedral Academy Inc:
Data Sources and Methodology
This transparency report for Trinity Cathedral Academy 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.