Trinity Classical Academy Of Summerville
EIN: 272769614 · Summerville, SC · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $781K |
| Total Expenses | $725K |
| Net Assets | $188K |
Is Trinity Classical Academy Of Summerville Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trinity Classical Academy Of Summerville
Trinity Classical Academy Of Summerville (EIN: 272769614) is a nonprofit organization based in Summerville, SC, classified under NTEE code B20. The organization reported total revenue of $781K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Classical Academy Of Summerville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Classical Academy Of Summerville is a small nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $712K |
| Total Expenses | $725K |
| Surplus / Deficit | $-12,840 |
| Total Assets | $193K |
| Total Liabilities | $5K |
| Net Assets | $188K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2024, Trinity Classical Academy Of Summerville reported a deficit of $13K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Trinity Classical Academy Of Summerville's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.1% | +12.1% | -5.9% |
| 2023 | +12.5% | +15.2% | +32.3% |
| 2022 | +24.9% | +22.2% | +35.1% |
| 2021 | +11.9% | +11.9% | — |
| 2020 | +52.7% | +32.6% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trinity Classical Academy Of Summerville has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trinity Classical Academy Of Summerville with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Trinity Classical Academy Of Summerville
Is Trinity Classical Academy Of Summerville a legitimate charity?
Trinity Classical Academy Of Summerville (EIN: 272769614) is a registered tax-exempt nonprofit based in South Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $781K. No red flags identified. Financial health grade: B.
How does Trinity Classical Academy Of Summerville spend its money?
Trinity Classical Academy Of Summerville reported $781K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Trinity Classical Academy Of Summerville tax-deductible?
Trinity Classical Academy Of Summerville is registered as a tax-exempt nonprofit (EIN: 272769614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trinity Classical Academy Of Summerville located?
Trinity Classical Academy Of Summerville is headquartered in Summerville, South Carolina and files with the IRS under EIN 272769614. It is classified under NTEE code B20.
How many years of IRS 990 filings does Trinity Classical Academy Of Summerville have?
Trinity Classical Academy Of Summerville has 14 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 $781K in total revenue.
Filing History
IRS 990 filing history for Trinity Classical Academy Of Summerville showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Trinity Classical Academy Of Summerville's revenue has grown by 359.3%, moving from $155K to $712K. Total assets increased by 375.4% over the same period, from $41K to $193K. Total functional expenses rose by 410%, from $142K to $725K. In its most recent filing year (2024), Trinity Classical Academy Of Summerville reported a deficit of $13K, with expenses exceeding revenue. The organization holds $5K in liabilities against $193K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $188K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $712K | $725K | $193K | $5K | — | — |
| 2023 | $698K | $647K | $205K | $4K | — | View 990 |
| 2022 | $620K | $562K | $155K | $5K | — | View 990 |
| 2021 | $497K | $460K | $115K | $22K | — | View 990 |
| 2020 | $444K | $411K | $0 | $0 | — | View 990 |
| 2019 | $291K | $310K | $20K | $519 | — | View 990 |
| 2018 | $294K | $327K | $39K | $831 | — | View 990 |
| 2017 | $315K | $300K | $77K | $5K | — | View 990 |
| 2016 | $241K | $225K | $68K | $11K | — | View 990 |
| 2015 | $193K | $203K | $42K | $493 | — | View 990 |
| 2014 | $194K | $193K | $61K | $9K | — | View 990 |
| 2013 | $213K | $197K | $55K | $5K | — | View 990 |
| 2012 | $86K | $89K | $35K | $149 | — | View 990 |
| 2011 | $155K | $142K | $41K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $712K, expenses of $725K, and assets of $193K (revenue +2.1% year-over-year).
- 2023: Revenue of $698K, expenses of $647K, and assets of $205K (revenue +12.5% year-over-year).
- 2022: Revenue of $620K, expenses of $562K, and assets of $155K (revenue +24.9% year-over-year).
- 2021: Revenue of $497K, expenses of $460K, and assets of $115K (revenue +11.9% year-over-year).
- 2020: Revenue of $444K, expenses of $411K, and assets of $0 (revenue +52.7% year-over-year).
- 2019: Revenue of $291K, expenses of $310K, and assets of $20K (revenue -1.1% year-over-year).
- 2018: Revenue of $294K, expenses of $327K, and assets of $39K (revenue -6.7% year-over-year).
- 2017: Revenue of $315K, expenses of $300K, and assets of $77K (revenue +30.9% year-over-year).
- 2016: Revenue of $241K, expenses of $225K, and assets of $68K (revenue +24.6% year-over-year).
- 2015: Revenue of $193K, expenses of $203K, and assets of $42K (revenue -0.6% year-over-year).
- 2014: Revenue of $194K, expenses of $193K, and assets of $61K (revenue -8.9% year-over-year).
- 2013: Revenue of $213K, expenses of $197K, and assets of $55K (revenue +146.8% year-over-year).
- 2012: Revenue of $86K, expenses of $89K, and assets of $35K (revenue -44.2% year-over-year).
- 2011: Revenue of $155K, expenses of $142K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Classical Academy Of Summerville:
Data Sources and Methodology
This transparency report for Trinity Classical Academy Of Summerville 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.