Trinity College School Fund Inc
Trinity College School Fund Inc shows highly volatile revenue and expenses over the past decade, with no reported officer compensation.
EIN: 136187951 · Beverly Farms, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $708K |
| Program Spending | 80% |
| Net Assets | $1.6M |
| Transparency Score | 65/100 |
Is Trinity College School Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity College School Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity College School Fund Inc
Trinity College School Fund Inc (EIN: 136187951) is a nonprofit organization based in Beverly Farms, MA. The organization reported total revenue of $1.3M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity College School Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity College School Fund Inc is a mid-size nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $364K |
| Total Expenses | $708K |
| Surplus / Deficit | $-344,410 |
| Total Assets | $1.7M |
| Total Liabilities | $13K |
| Net Assets | $1.6M |
| Operating Margin | -94.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 28.0 months |
Financial Health Grade: B
In 2023, Trinity College School Fund Inc reported a deficit of $344K with expenses exceeding revenue, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trinity College School Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.4% | +123.7% | -17.2% |
| 2022 | +393.8% | -42.6% | +1559.0% |
| 2021 | +498.7% | +97.5% | -47.1% |
| 2020 | -82.4% | +30.7% | -48.2% |
| 2019 | +78.2% | +187.5% | +94.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1966 |
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 College School Fund Inc with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Trinity College School Fund Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $344K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
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 a strong positive for minimizing 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 College School Fund Inc's IRS 990 filings:
- Highly inconsistent revenue and expense patterns, making financial forecasting difficult.
- Significant fluctuations in assets without clear explanation in summary data.
- NTEE code is unknown, limiting understanding of its specific charitable sector.
Strengths
The following positive indicators were identified for Trinity College School Fund Inc:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- Low and stable liabilities across all reporting periods.
- Extensive filing history (13 filings) demonstrates a commitment to IRS compliance.
Frequently Asked Questions about Trinity College School Fund Inc
Is Trinity College School Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinity College School Fund Inc (EIN: 136187951) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Trinity College School Fund Inc spend its money?
Trinity College School Fund Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trinity College School Fund Inc tax-deductible?
Trinity College School Fund Inc is registered as a tax-exempt nonprofit (EIN: 136187951). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity College School Fund Inc's spending goes to programs?
Trinity College School Fund Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Trinity College School Fund Inc located?
Trinity College School Fund Inc is headquartered in Beverly Farms, Massachusetts and files with the IRS under EIN 136187951.
How many years of IRS 990 filings does Trinity College School Fund Inc have?
Trinity College School Fund 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 $1.3M in total revenue.
What is the primary purpose of Trinity College School Fund Inc, given its NTEE code is unknown?
Without an NTEE code or detailed program expense breakdown, it's difficult to precisely determine the organization's primary purpose. The name suggests a connection to Trinity College School, likely for fundraising or support.
Why are the organization's revenues and expenses so volatile year-to-year?
The extreme fluctuations in revenue and expenses (e.g., revenue from $74,226 to $3.8M, expenses from $74K to $5.8M) could be due to large, infrequent donations, specific capital projects, or significant one-time events. Further investigation into the nature of its funding and projects would be needed.
How does the organization manage its significant asset fluctuations?
Assets have varied wildly, from $5.3M in 2015 to $63K in 2017, then back to $1.6M in 2023. This suggests either significant asset acquisition/disposal or substantial investment gains/losses, which warrants further scrutiny to understand asset management strategies.
Filing History
IRS 990 filing history for Trinity College School Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity College School Fund Inc's revenue has declined by 26.7%, moving from $497K to $364K. Total assets increased by 4829.9% over the same period, from $34K to $1.7M. Total functional expenses rose by 29.9%, from $545K to $708K. In its most recent filing year (2023), Trinity College School Fund Inc reported a deficit of $344K, with expenses exceeding revenue. The organization holds $13K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $364K | $708K | $1.7M | $13K | — | View 990 |
| 2022 | $2.2M | $317K | $2.0M | $12K | — | View 990 |
| 2021 | $444K | $552K | $120K | $11K | — | — |
| 2020 | $74K | $279K | $228K | $10K | — | — |
| 2019 | $421K | $214K | $439K | $17K | — | View 990 |
| 2018 | $236K | $74K | $225K | $10K | — | View 990 |
| 2017 | $700K | $727K | $64K | $10K | — | View 990 |
| 2016 | $3.8M | $5.8M | $90K | $10K | — | View 990 |
| 2015 | $380K | $1.9M | $5.4M | $10K | — | View 990 |
| 2014 | $2.8M | $167K | $3.5M | $9K | — | View 990 |
| 2013 | $126K | $138K | $37K | $10K | — | View 990 |
| 2012 | $106K | $101K | $39K | $0 | — | View 990 |
| 2011 | $497K | $545K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364K, expenses of $708K, and assets of $1.7M (revenue -83.4% year-over-year).
- 2022: Revenue of $2.2M, expenses of $317K, and assets of $2.0M (revenue +393.8% year-over-year).
- 2021: Revenue of $444K, expenses of $552K, and assets of $120K (revenue +498.7% year-over-year).
- 2020: Revenue of $74K, expenses of $279K, and assets of $228K (revenue -82.4% year-over-year).
- 2019: Revenue of $421K, expenses of $214K, and assets of $439K (revenue +78.2% year-over-year).
- 2018: Revenue of $236K, expenses of $74K, and assets of $225K (revenue -66.3% year-over-year).
- 2017: Revenue of $700K, expenses of $727K, and assets of $64K (revenue -81.6% year-over-year).
- 2016: Revenue of $3.8M, expenses of $5.8M, and assets of $90K (revenue +899.4% year-over-year).
- 2015: Revenue of $380K, expenses of $1.9M, and assets of $5.4M (revenue -86.6% year-over-year).
- 2014: Revenue of $2.8M, expenses of $167K, and assets of $3.5M (revenue +2152.6% year-over-year).
- 2013: Revenue of $126K, expenses of $138K, and assets of $37K (revenue +18.6% year-over-year).
- 2012: Revenue of $106K, expenses of $101K, and assets of $39K (revenue -78.7% year-over-year).
- 2011: Revenue of $497K, expenses of $545K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity College School Fund Inc:
Data Sources and Methodology
This transparency report for Trinity College School Fund 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.