Trinity Homescool Depot Inc
EIN: 710987136 · Powder Spgs, GA · NTEE: X99
Is Trinity Homescool Depot Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trinity Homescool Depot Inc
Trinity Homescool Depot Inc (EIN: 710987136) is a nonprofit organization based in Powder Spgs, GA, classified under NTEE code X99. The organization reported total revenue of $918K and total assets of $276K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Homescool Depot Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Homescool Depot Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2008–2022). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $703K |
| Total Expenses | $674K |
| Surplus / Deficit | +$29K |
| Total Assets | $224K |
| Total Liabilities | $24K |
| Net Assets | $200K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2022, Trinity Homescool Depot Inc reported a surplus of $29K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 14 years of filings (2008–2022), Trinity Homescool Depot Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2.9% | +8.1% | +31.3% |
| 2021 | +27.0% | +5.7% | +23.4% |
| 2020 | -0.5% | +4.3% | +56.1% |
| 2019 | +12.1% | +12.6% | +9.8% |
| 2018 | +1.1% | -0.9% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trinity Homescool Depot Inc 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 Homescool Depot Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.8%.
Frequently Asked Questions about Trinity Homescool Depot Inc
Is Trinity Homescool Depot Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinity Homescool Depot Inc (EIN: 710987136) insufficient data. 0 red flags identified, 0 strengths noted.
How does Trinity Homescool Depot Inc spend its money?
Detailed spending breakdown data is not yet available for Trinity Homescool Depot Inc. Check back for updated IRS 990 analysis.
Are donations to Trinity Homescool Depot Inc tax-deductible?
Trinity Homescool Depot Inc is registered as a tax-exempt nonprofit (EIN: 710987136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Trinity Homescool Depot Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2008–2022), Trinity Homescool Depot Inc's revenue has grown by 207.4%, moving from $229K to $703K. Total assets increased by 1269.6% over the same period, from $16K to $224K. Total functional expenses rose by 175%, from $245K to $674K. In its most recent filing year (2022), Trinity Homescool Depot Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $24K in liabilities against $224K in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $200K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $703K | $674K | $224K | $24K | — | View 990 |
| 2021 | $725K | $623K | $170K | $0 | — | View 990 |
| 2020 | $570K | $590K | $138K | $69K | — | View 990 |
| 2019 | $574K | $566K | $88K | $0 | — | View 990 |
| 2018 | $512K | $503K | $81K | $0 | — | View 990 |
| 2017 | $506K | $507K | $71K | $0 | — | View 990 |
| 2016 | $490K | $476K | $72K | $0 | — | View 990 |
| 2015 | $429K | $431K | $59K | $0 | — | View 990 |
| 2014 | $396K | $386K | $61K | $0 | — | View 990 |
| 2013 | $370K | $411K | $50K | $0 | — | View 990 |
| 2012 | $406K | $364K | $91K | $0 | — | View 990 |
| 2011 | $381K | $365K | $48K | $0 | — | View 990 |
| 2010 | $309K | $283K | $33K | $682 | — | View 990 |
| 2008 | $229K | $245K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $703K, expenses of $674K, and assets of $224K (revenue -2.9% year-over-year).
- 2021: Revenue of $725K, expenses of $623K, and assets of $170K (revenue +27.0% year-over-year).
- 2020: Revenue of $570K, expenses of $590K, and assets of $138K (revenue -0.5% year-over-year).
- 2019: Revenue of $574K, expenses of $566K, and assets of $88K (revenue +12.1% year-over-year).
- 2018: Revenue of $512K, expenses of $503K, and assets of $81K (revenue +1.1% year-over-year).
- 2017: Revenue of $506K, expenses of $507K, and assets of $71K (revenue +3.3% year-over-year).
- 2016: Revenue of $490K, expenses of $476K, and assets of $72K (revenue +14.3% year-over-year).
- 2015: Revenue of $429K, expenses of $431K, and assets of $59K (revenue +8.2% year-over-year).
- 2014: Revenue of $396K, expenses of $386K, and assets of $61K (revenue +7.0% year-over-year).
- 2013: Revenue of $370K, expenses of $411K, and assets of $50K (revenue -8.9% year-over-year).
- 2012: Revenue of $406K, expenses of $364K, and assets of $91K (revenue +6.5% year-over-year).
- 2011: Revenue of $381K, expenses of $365K, and assets of $48K (revenue +23.6% year-over-year).
- 2010: Revenue of $309K, expenses of $283K, and assets of $33K (revenue +34.8% year-over-year).
- 2008: Revenue of $229K, expenses of $245K, and assets of $16K.
Data Sources and Methodology
This transparency report for Trinity Homescool Depot 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.