Trinity Classical School Inc
Trinity Classical School Inc. experiences rapid revenue growth while operating on tight margins and increasing liabilities, with no reported officer compensation.
EIN: 204929254 · Mount Airy, GA · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $843K |
| Total Expenses | $590K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $842,645. |
| Net Assets | $14K |
| Transparency Score | 85/100 |
Is Trinity Classical School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Classical School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Classical School Inc
Trinity Classical School Inc (EIN: 204929254) is a nonprofit organization based in Mount Airy, GA, classified under NTEE code B20. The organization reported total revenue of $843K and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Classical School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Classical School Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $590K |
| Surplus / Deficit | $-11,878 |
| Total Assets | $135K |
| Total Liabilities | $122K |
| Net Assets | $14K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 89.8% |
| Months of Reserves | 2.8 months |
Financial Health Grade: D
In 2023, Trinity Classical School Inc reported a deficit of $12K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 89.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Classical School Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.3% | +34.7% | +60.4% |
| 2022 | +40.4% | +56.4% | -0.7% |
| 2021 | +8.7% | +8.5% | -17.8% |
| 2020 | +13.3% | +10.4% | +59.3% |
| 2019 | -9.4% | -1.1% | +37.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2007 |
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 Classical School 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Trinity Classical School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 89.8%.
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 commendable for an organization of its size with latest revenue of $842,645.
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 Classical School Inc's IRS 990 filings:
- Consistent operation with expenses exceeding revenue in recent periods (e.g., 202307, 202207, 201707, 201412), indicating potential for recurring deficits.
- Rapid increase in liabilities from $30,521 in 202107 to $121,592 in 202307, growing faster than assets and potentially impacting long-term solvency.
Strengths
The following positive indicators were identified for Trinity Classical School Inc:
- Strong program focus indicated by 0% officer compensation across all filings, ensuring resources are directed to the mission.
- Significant revenue growth, nearly doubling from $291,415 in 202107 to $578,061 in 202307, demonstrating increasing support and reach.
- Consistent filing history (13 filings), indicating good compliance and transparency with IRS requirements.
Frequently Asked Questions about Trinity Classical School Inc
Is Trinity Classical School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinity Classical School Inc (EIN: 204929254) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Trinity Classical School Inc spend its money?
Trinity Classical School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trinity Classical School Inc tax-deductible?
Trinity Classical School Inc is registered as a tax-exempt nonprofit (EIN: 204929254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trinity Classical School Inc CEO make?
Trinity Classical School Inc's highest-compensated officer earns $842,645. annually. The organization reported $843K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Trinity Classical School Inc's spending goes to programs?
Trinity Classical School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Classical School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trinity Classical School Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Classical School Inc located?
Trinity Classical School Inc is headquartered in Mount Airy, Georgia and files with the IRS under EIN 204929254. It is classified under NTEE code B20.
How many years of IRS 990 filings does Trinity Classical School Inc have?
Trinity Classical School 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 $843K in total revenue.
Is Trinity Classical School Inc. financially stable?
The organization operates on tight margins, with expenses often closely matching or slightly exceeding revenue (e.g., 202307: $589,939 expenses vs. $578,061 revenue). While revenue has grown significantly, so have liabilities, from $30,521 in 202107 to $121,592 in 202307, suggesting a need for careful financial management to ensure long-term stability.
How has the organization's revenue changed over time?
Trinity Classical School Inc. has experienced substantial revenue growth, nearly doubling from $291,415 in 202107 to $578,061 in 202307, and reaching a latest reported revenue of $842,645.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, indicating a strong commitment to directing all financial resources towards its programs and operations rather than executive salaries.
Are the organization's assets growing in proportion to its liabilities?
While assets have grown from $85,026 in 202107 to $135,406 in 202307, liabilities have grown at a faster rate, from $30,521 to $121,592 in the same period, suggesting an increasing reliance on borrowed funds or deferred obligations.
Filing History
IRS 990 filing history for Trinity Classical School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Classical School Inc's revenue has grown by 58.2%, moving from $365K to $578K. Total assets increased by 178.6% over the same period, from $49K to $135K. Total functional expenses rose by 75.1%, from $337K to $590K. In its most recent filing year (2023), Trinity Classical School Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $122K in liabilities against $135K in assets (debt-to-asset ratio: 89.8%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $578K | $590K | $135K | $122K | — | View 990 |
| 2022 | $409K | $438K | $84K | $59K | — | View 990 |
| 2021 | $291K | $280K | $85K | $31K | — | View 990 |
| 2020 | $268K | $258K | $103K | $60K | — | View 990 |
| 2019 | $237K | $234K | $65K | $32K | — | View 990 |
| 2018 | $261K | $236K | $47K | $17K | — | View 990 |
| 2017 | $278K | $297K | $41K | $36K | — | View 990 |
| 2016 | $347K | $323K | $46K | $23K | — | View 990 |
| 2015 | $410K | $363K | $39K | $40K | — | View 990 |
| 2014 | $305K | $318K | $78K | $125K | — | View 990 |
| 2013 | $288K | $309K | $19K | $0 | — | View 990 |
| 2012 | $296K | $332K | $40K | $26K | — | View 990 |
| 2011 | $365K | $337K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $578K, expenses of $590K, and assets of $135K (revenue +41.3% year-over-year).
- 2022: Revenue of $409K, expenses of $438K, and assets of $84K (revenue +40.4% year-over-year).
- 2021: Revenue of $291K, expenses of $280K, and assets of $85K (revenue +8.7% year-over-year).
- 2020: Revenue of $268K, expenses of $258K, and assets of $103K (revenue +13.3% year-over-year).
- 2019: Revenue of $237K, expenses of $234K, and assets of $65K (revenue -9.4% year-over-year).
- 2018: Revenue of $261K, expenses of $236K, and assets of $47K (revenue -6.2% year-over-year).
- 2017: Revenue of $278K, expenses of $297K, and assets of $41K (revenue -19.8% year-over-year).
- 2016: Revenue of $347K, expenses of $323K, and assets of $46K (revenue -15.4% year-over-year).
- 2015: Revenue of $410K, expenses of $363K, and assets of $39K (revenue +34.6% year-over-year).
- 2014: Revenue of $305K, expenses of $318K, and assets of $78K (revenue +5.7% year-over-year).
- 2013: Revenue of $288K, expenses of $309K, and assets of $19K (revenue -2.6% year-over-year).
- 2012: Revenue of $296K, expenses of $332K, and assets of $40K (revenue -19.0% year-over-year).
- 2011: Revenue of $365K, expenses of $337K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Classical School Inc:
Data Sources and Methodology
This transparency report for Trinity Classical School 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.