Trinity Foundation
Trinity Foundation maintains debt-free operations with fluctuating revenue and consistent asset growth.
EIN: 20335929 · Unicoi, TN · NTEE: X20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $239K |
| Total Expenses | $126K |
| Program Spending | 80% |
| Net Assets | $345K |
| Transparency Score | 85/100 |
Is Trinity Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Foundation
Trinity Foundation (EIN: 20335929) is a nonprofit organization based in Unicoi, TN, classified under NTEE code X20Z. The organization reported total revenue of $239K and total assets of $453K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Foundation is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $126K |
| Surplus / Deficit | $-27,147 |
| Total Assets | $345K |
| Net Assets | $345K |
| Operating Margin | -27.4% |
| Months of Reserves | 32.8 months |
Financial Health Grade: B
In 2023, Trinity Foundation reported a deficit of $27K with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Trinity Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.4% | -11.7% | -7.3% |
| 2022 | +13.1% | +31.3% | +21.2% |
| 2021 | +36.7% | +5.5% | +31.8% |
| 2020 | +29.6% | -1.2% | +15.6% |
| 2019 | -7.2% | -15.1% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Trinity Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $27K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization of its size and operational history.
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 Foundation's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is unusual and may obscure how leadership is supported or compensated.
- Expenses exceeded revenue in 2023 ($126,157 vs. $99,010), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Trinity Foundation:
- Zero liabilities reported across all 13 filings, indicating strong financial solvency and no debt.
- Consistent filing of IRS Form 990s over a long period (13 filings), demonstrating transparency and compliance.
- Assets have shown a general upward trend, growing from $140,045 in 2015 to $345,350 in 2023, indicating financial growth.
- NTEE code X20Z suggests a focused mission in religious activities.
Frequently Asked Questions about Trinity Foundation
Is Trinity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinity Foundation (EIN: 20335929) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Trinity Foundation spend its money?
Trinity Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trinity Foundation tax-deductible?
Trinity Foundation is registered as a tax-exempt nonprofit (EIN: 20335929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Foundation's spending goes to programs?
Trinity Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trinity Foundation is above average for NTEE category X20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Foundation located?
Trinity Foundation is headquartered in Unicoi, Tennessee and files with the IRS under EIN 20335929. It is classified under NTEE code X20Z.
How many years of IRS 990 filings does Trinity Foundation have?
Trinity Foundation 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 $239K in total revenue.
How does Trinity Foundation manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting a volunteer-led structure or that compensation is reported under other expense categories, which would warrant further investigation for full clarity.
What caused the deficit in 2023 where expenses exceeded revenue?
In 2023, expenses were $126,157 while revenue was $99,010, resulting in a deficit. The specific reasons for this are not detailed in the provided data but could be due to increased program costs, one-time expenditures, or a temporary dip in donations.
What is the primary source of Trinity Foundation's revenue?
While the filings show total revenue, the specific breakdown of revenue sources (e.g., donations, grants, program service revenue) is not provided in this summary. This information would typically be found in Part VIII of the IRS Form 990.
Filing History
IRS 990 filing history for Trinity Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Foundation's revenue has declined by 37.2%, moving from $158K to $99K. Total assets increased by 41.7% over the same period, from $244K to $345K. Total functional expenses fell by 32.6%, from $187K to $126K. In its most recent filing year (2023), Trinity Foundation reported a deficit of $27K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $126K | $345K | $0 | — | — |
| 2022 | $208K | $143K | $372K | $0 | — | View 990 |
| 2021 | $184K | $109K | $307K | $0 | — | View 990 |
| 2020 | $134K | $103K | $233K | $0 | — | — |
| 2019 | $104K | $104K | $202K | $0 | — | View 990 |
| 2018 | $112K | $123K | $202K | $0 | — | View 990 |
| 2017 | $151K | $136K | $213K | $0 | — | View 990 |
| 2016 | $190K | $131K | $198K | $0 | — | View 990 |
| 2015 | $121K | $136K | $140K | $0 | — | View 990 |
| 2014 | $125K | $176K | $155K | $0 | — | View 990 |
| 2013 | $148K | $169K | $206K | $0 | — | View 990 |
| 2012 | $144K | $160K | $227K | $0 | — | View 990 |
| 2011 | $158K | $187K | $244K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $126K, and assets of $345K (revenue -52.4% year-over-year).
- 2022: Revenue of $208K, expenses of $143K, and assets of $372K (revenue +13.1% year-over-year).
- 2021: Revenue of $184K, expenses of $109K, and assets of $307K (revenue +36.7% year-over-year).
- 2020: Revenue of $134K, expenses of $103K, and assets of $233K (revenue +29.6% year-over-year).
- 2019: Revenue of $104K, expenses of $104K, and assets of $202K (revenue -7.2% year-over-year).
- 2018: Revenue of $112K, expenses of $123K, and assets of $202K (revenue -25.8% year-over-year).
- 2017: Revenue of $151K, expenses of $136K, and assets of $213K (revenue -20.5% year-over-year).
- 2016: Revenue of $190K, expenses of $131K, and assets of $198K (revenue +56.5% year-over-year).
- 2015: Revenue of $121K, expenses of $136K, and assets of $140K (revenue -3.2% year-over-year).
- 2014: Revenue of $125K, expenses of $176K, and assets of $155K (revenue -15.3% year-over-year).
- 2013: Revenue of $148K, expenses of $169K, and assets of $206K (revenue +2.7% year-over-year).
- 2012: Revenue of $144K, expenses of $160K, and assets of $227K (revenue -8.8% year-over-year).
- 2011: Revenue of $158K, expenses of $187K, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Foundation:
Data Sources and Methodology
This transparency report for Trinity Foundation 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.