Trinity Children Inc
Trinity Children Inc consistently reports minimal expenses, accumulating significant assets relative to its revenue.
EIN: 203182442 · Kure Beach, NC · NTEE: Q30 · Updated: 2026-03-28
Is Trinity Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Children Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Children Inc
Trinity Children Inc (EIN: 203182442) is a nonprofit organization based in Kure Beach, NC, classified under NTEE code Q30. The organization reported total revenue of $360K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Children Inc is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $273K |
| Total Expenses | $2K |
| Surplus / Deficit | +$272K |
| Total Assets | $2.2M |
| Total Liabilities | $17K |
| Net Assets | $2.2M |
| Operating Margin | 99.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 14537.1 months |
Financial Health Grade: A
In 2022, Trinity Children Inc reported a surplus of $272K with revenue exceeding expenses, holds 14537.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Trinity Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1.9% | -42.6% | +14.3% |
| 2021 | -5.7% | +57.0% | +17.0% |
| 2020 | -53.8% | -59.0% | +22.0% |
| 2019 | +2208.6% | -69.6% | +91.1% |
| 2018 | -92.1% | -17.1% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Children 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Trinity Children Inc allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $272K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through other means not disclosed as officer compensation, which is a positive for donor confidence regarding overhead.
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 Children Inc's IRS 990 filings:
- Extremely low reported expenses relative to revenue, raising questions about direct program activities.
- Significant asset accumulation without clear corresponding program expenditure growth.
- Lack of detailed expense breakdown in filings makes it difficult to assess specific program spending.
Strengths
The following positive indicators were identified for Trinity Children Inc:
- Exceptional financial efficiency with minimal reported overhead costs.
- Strong asset growth, indicating robust financial management and sustainability.
- No reported executive compensation, suggesting a volunteer-driven leadership or highly cost-conscious governance.
- Consistent revenue generation over multiple years.
Frequently Asked Questions about Trinity Children Inc
Is Trinity Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinity Children Inc (EIN: 203182442) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Trinity Children Inc spend its money?
Trinity Children Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trinity Children Inc tax-deductible?
Trinity Children Inc is registered as a tax-exempt nonprofit (EIN: 203182442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Trinity Children Inc achieve its mission with such minimal reported expenses?
The filings consistently show expenses well under 1% of revenue (e.g., $1,793 in expenses against $273,348 revenue in 2022). This suggests either a highly efficient, volunteer-driven model, or that significant program activities are conducted without being reflected as direct expenses in the typical manner, warranting further inquiry into their operational model.
What are the primary uses of Trinity Children Inc's rapidly growing assets?
The organization's assets have grown from $41,160 in 2014 to $2,827,997 currently. Given the low reported expenses, it's unclear how these substantial assets are being deployed to directly support their charitable mission, beyond simple accumulation.
Are there any related organizations or partnerships through which Trinity Children Inc conducts its programs?
The extremely low expense figures might indicate that the organization operates primarily as a grant-making entity or supports programs through partnerships, where the direct operational costs are borne by other entities. This would explain the minimal expenses on its own books.
Filing History
IRS 990 filing history for Trinity Children Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Trinity Children Inc's revenue has grown by 115.9%, moving from $127K to $273K. Total assets increased by 5213.8% over the same period, from $41K to $2.2M. Total functional expenses fell by 98.4%, from $109K to $2K. In its most recent filing year (2022), Trinity Children Inc reported a surplus of $272K, with revenue exceeding expenses. The organization holds $17K in liabilities against $2.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $273K | $2K | $2.2M | $17K | — | View 990 |
| 2021 | $279K | $3K | $1.9M | $17K | — | View 990 |
| 2020 | $295K | $2K | $1.6M | $17K | — | View 990 |
| 2019 | $639K | $5K | $1.3M | $17K | — | View 990 |
| 2018 | $28K | $16K | $697K | $17K | — | View 990 |
| 2017 | $350K | $19K | $685K | $17K | — | View 990 |
| 2016 | $324K | $5K | $355K | $17K | — | View 990 |
| 2014 | $3K | $6K | $41K | $19K | — | View 990 |
| 2013 | $54K | $30K | $42K | $17K | — | View 990 |
| 2012 | $94K | $96K | $55K | $55K | — | View 990 |
| 2011 | $127K | $109K | $41K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $273K, expenses of $2K, and assets of $2.2M (revenue -1.9% year-over-year).
- 2021: Revenue of $279K, expenses of $3K, and assets of $1.9M (revenue -5.7% year-over-year).
- 2020: Revenue of $295K, expenses of $2K, and assets of $1.6M (revenue -53.8% year-over-year).
- 2019: Revenue of $639K, expenses of $5K, and assets of $1.3M (revenue +2208.6% year-over-year).
- 2018: Revenue of $28K, expenses of $16K, and assets of $697K (revenue -92.1% year-over-year).
- 2017: Revenue of $350K, expenses of $19K, and assets of $685K (revenue +7.9% year-over-year).
- 2016: Revenue of $324K, expenses of $5K, and assets of $355K (revenue +10681.4% year-over-year).
- 2014: Revenue of $3K, expenses of $6K, and assets of $41K (revenue -94.5% year-over-year).
- 2013: Revenue of $54K, expenses of $30K, and assets of $42K (revenue -42.4% year-over-year).
- 2012: Revenue of $94K, expenses of $96K, and assets of $55K (revenue -25.4% year-over-year).
- 2011: Revenue of $127K, expenses of $109K, and assets of $41K.
Data Sources and Methodology
This transparency report for Trinity Children 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.