Trinity Episcopal Schools Corporation
Trinity Episcopal Schools Corporation maintains substantial assets despite recent operating deficits.
EIN: 135563003 · New York, NY · NTEE: B200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100.6M |
| Total Expenses | $82.0M |
| Program Spending | 85% |
| Net Assets | $192.1M |
| Transparency Score | 85/100 |
Is Trinity Episcopal Schools Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Episcopal Schools Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Episcopal Schools Corporation
Trinity Episcopal Schools Corporation (EIN: 135563003) is a nonprofit organization based in New York, NY, classified under NTEE code B200. The organization reported total revenue of $100.6M and total assets of $268.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Episcopal Schools Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Episcopal Schools Corporation is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77.1M |
| Total Expenses | $82.0M |
| Surplus / Deficit | $-4,825,141 |
| Total Assets | $260.4M |
| Total Liabilities | $68.4M |
| Net Assets | $192.1M |
| Operating Margin | -6.3% |
| Debt-to-Asset Ratio | 26.2% |
| Months of Reserves | 38.1 months |
Financial Health Grade: B
In 2023, Trinity Episcopal Schools Corporation reported a deficit of $4.8M with expenses exceeding revenue, holds 38.1 months of operating reserves (strong position), has a debt-to-asset ratio of 26.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Episcopal Schools Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.5% | +1.8% | +0.4% |
| 2022 | -3.1% | +1.0% | -2.3% |
| 2021 | -1.4% | +13.1% | +4.7% |
| 2020 | +8.7% | -0.3% | +1.0% |
| 2019 | +8.9% | +6.0% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Episcopal Schools Corporation 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 Episcopal Schools Corporation 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 $4.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is reported under other categories not specified as 'officer comp'.
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 Episcopal Schools Corporation's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), with a deficit of $4,825,141 in 2023.
- Consistent 0% officer compensation is unusual for an organization of this scale, potentially indicating compensation is reported in less transparent categories.
Strengths
The following positive indicators were identified for Trinity Episcopal Schools Corporation:
- Strong asset base, growing from $165,527,826 in 2014 to $260,427,418 in 2023.
- Consistent filing of IRS 990s over 13 periods, demonstrating transparency and compliance.
- Significant revenue generation, with latest reported revenue at $100,630,112.
- Low liabilities relative to assets, indicating a healthy balance sheet.
Frequently Asked Questions about Trinity Episcopal Schools Corporation
Is Trinity Episcopal Schools Corporation a legitimate charity?
Trinity Episcopal Schools Corporation (EIN: 135563003) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $100.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Trinity Episcopal Schools Corporation spend its money?
Trinity Episcopal Schools Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trinity Episcopal Schools Corporation tax-deductible?
Trinity Episcopal Schools Corporation is registered as a tax-exempt nonprofit (EIN: 135563003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Episcopal Schools Corporation's spending goes to programs?
Trinity Episcopal Schools Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Episcopal Schools Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trinity Episcopal Schools Corporation is above average for NTEE category B200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Episcopal Schools Corporation located?
Trinity Episcopal Schools Corporation is headquartered in New York, New York and files with the IRS under EIN 135563003. It is classified under NTEE code B200.
How many years of IRS 990 filings does Trinity Episcopal Schools Corporation have?
Trinity Episcopal Schools Corporation 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 $100.6M in total revenue.
Is Trinity Episcopal Schools Corporation financially stable?
Yes, the organization appears financially stable with substantial assets of $260,427,418 in 2023, significantly exceeding liabilities of $68,353,965. While expenses have slightly outpaced revenue in the last two periods, the overall trend and asset base suggest stability.
How does Trinity Episcopal Schools Corporation manage executive compensation?
The IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on these forms.
Has the organization's financial health improved over the last decade?
Yes, the organization's assets have grown significantly from $165,527,826 in 2014 to $260,427,418 in 2023, indicating an improvement in its overall financial health and capacity.
Filing History
IRS 990 filing history for Trinity Episcopal Schools Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Episcopal Schools Corporation's revenue has grown by 61.9%, moving from $47.6M to $77.1M. Total assets increased by 137.8% over the same period, from $109.5M to $260.4M. Total functional expenses rose by 87.3%, from $43.8M to $82.0M. In its most recent filing year (2023), Trinity Episcopal Schools Corporation reported a deficit of $4.8M, with expenses exceeding revenue. The organization holds $68.4M in liabilities against $260.4M in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $192.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77.1M | $82.0M | $260.4M | $68.4M | — | View 990 |
| 2022 | $74.5M | $80.6M | $259.5M | $69.6M | — | View 990 |
| 2021 | $76.9M | $79.7M | $265.6M | $59.8M | — | View 990 |
| 2020 | $78.0M | $70.5M | $253.6M | $59.1M | — | View 990 |
| 2019 | $71.8M | $70.7M | $251.1M | $58.5M | — | View 990 |
| 2018 | $65.9M | $66.7M | $251.9M | $61.3M | — | View 990 |
| 2017 | $63.4M | $59.4M | $252.8M | $64.2M | — | View 990 |
| 2016 | $66.6M | $55.4M | $228.0M | $50.2M | — | View 990 |
| 2015 | $83.8M | $52.6M | $206.0M | $35.4M | — | View 990 |
| 2014 | $71.5M | $50.1M | $165.5M | $26.2M | — | View 990 |
| 2013 | $68.2M | $48.0M | $132.1M | $24.3M | — | View 990 |
| 2012 | $50.3M | $46.0M | $109.0M | $25.9M | — | View 990 |
| 2011 | $47.6M | $43.8M | $109.5M | $24.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77.1M, expenses of $82.0M, and assets of $260.4M (revenue +3.5% year-over-year).
- 2022: Revenue of $74.5M, expenses of $80.6M, and assets of $259.5M (revenue -3.1% year-over-year).
- 2021: Revenue of $76.9M, expenses of $79.7M, and assets of $265.6M (revenue -1.4% year-over-year).
- 2020: Revenue of $78.0M, expenses of $70.5M, and assets of $253.6M (revenue +8.7% year-over-year).
- 2019: Revenue of $71.8M, expenses of $70.7M, and assets of $251.1M (revenue +8.9% year-over-year).
- 2018: Revenue of $65.9M, expenses of $66.7M, and assets of $251.9M (revenue +3.9% year-over-year).
- 2017: Revenue of $63.4M, expenses of $59.4M, and assets of $252.8M (revenue -4.7% year-over-year).
- 2016: Revenue of $66.6M, expenses of $55.4M, and assets of $228.0M (revenue -20.5% year-over-year).
- 2015: Revenue of $83.8M, expenses of $52.6M, and assets of $206.0M (revenue +17.1% year-over-year).
- 2014: Revenue of $71.5M, expenses of $50.1M, and assets of $165.5M (revenue +4.8% year-over-year).
- 2013: Revenue of $68.2M, expenses of $48.0M, and assets of $132.1M (revenue +35.7% year-over-year).
- 2012: Revenue of $50.3M, expenses of $46.0M, and assets of $109.0M (revenue +5.5% year-over-year).
- 2011: Revenue of $47.6M, expenses of $43.8M, and assets of $109.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Episcopal Schools Corporation:
Data Sources and Methodology
This transparency report for Trinity Episcopal Schools Corporation 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.