Trinity Park Conservancy
Trinity Park Conservancy shows strong asset growth and no reported officer compensation, despite a recent year where expenses exceeded revenue.
EIN: 202948236 · Dallas, TX · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.4M |
| Total Expenses | $10.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $65,223,627 |
| Net Assets | $38.3M |
| Transparency Score | 90/100 |
Is Trinity Park Conservancy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Park Conservancy directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Park Conservancy
Trinity Park Conservancy (EIN: 202948236) is a nonprofit organization based in Dallas, TX, classified under NTEE code S20. The organization reported total revenue of $17.4M and total assets of $74.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Park Conservancy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Park Conservancy is a large nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $10.2M |
| Surplus / Deficit | $-4,190,340 |
| Total Assets | $65.2M |
| Total Liabilities | $26.9M |
| Net Assets | $38.3M |
| Operating Margin | -69.5% |
| Debt-to-Asset Ratio | 41.3% |
| Months of Reserves | 76.6 months |
Financial Health Grade: B
In 2023, Trinity Park Conservancy reported a deficit of $4.2M with expenses exceeding revenue, holds 76.6 months of operating reserves (strong position), has a debt-to-asset ratio of 41.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Trinity Park Conservancy's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | +108.2% | -6.8% |
| 2022 | -27.2% | -3.8% | +78.1% |
| 2021 | +14.8% | +3.6% | +24.5% |
| 2020 | -45.9% | +2.3% | +8.0% |
| 2019 | +1002.6% | +45.4% | +153.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trinity Park Conservancy with a Mission Score of 90 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 Park Conservancy 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 $4.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization, which is highly unusual for an organization of this size with assets of $65,223,627 and annual expenses exceeding $10 million.
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 Park Conservancy's IRS 990 filings:
- Expenses significantly exceeded revenue in the 202312 filing ($10,215,474 expenses vs. $6,025,134 revenue).
- Significant increase in liabilities from $776,678 in 202112 to $26,908,044 in 202312, warranting further scrutiny.
- Unusual reporting of 0% officer compensation for an organization of this size and asset base, which might indicate compensation is reported elsewhere or through related entities.
Strengths
The following positive indicators were identified for Trinity Park Conservancy:
- Strong and consistent asset growth, from $4,619,351 in 201412 to $65,223,627 in 202312.
- High transparency regarding executive compensation, with 0% reported officer compensation across all filings.
- Significant revenue generation over the past decade, indicating strong fundraising capabilities (e.g., $19,696,600 in 201912).
- Substantial asset base ($74,411,270 latest reported) provides financial stability and capacity for large-scale projects.
Frequently Asked Questions about Trinity Park Conservancy
Is Trinity Park Conservancy a legitimate charity?
Trinity Park Conservancy (EIN: 202948236) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $17.4M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Trinity Park Conservancy spend its money?
Trinity Park Conservancy directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trinity Park Conservancy tax-deductible?
Trinity Park Conservancy is registered as a tax-exempt nonprofit (EIN: 202948236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trinity Park Conservancy CEO make?
Trinity Park Conservancy's highest-compensated officer earns $65,223,627 annually. The organization reported $17.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Trinity Park Conservancy's spending goes to programs?
Trinity Park Conservancy directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Park Conservancy compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Trinity Park Conservancy is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Park Conservancy located?
Trinity Park Conservancy is headquartered in Dallas, Texas and files with the IRS under EIN 202948236. It is classified under NTEE code S20.
How many years of IRS 990 filings does Trinity Park Conservancy have?
Trinity Park Conservancy has 14 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 $17.4M in total revenue.
Is Trinity Park Conservancy a good charity?
Based on the provided data, Trinity Park Conservancy appears to be a good charity. It demonstrates strong asset growth, significant revenue generation, and a notable commitment to transparency by reporting 0% officer compensation. Its financial stability, despite a recent deficit year, suggests effective long-term planning and resource management for its mission.
Why did expenses exceed revenue in 202312?
In the 202312 period, expenses were $10,215,474 while revenue was $6,025,134. This could be due to significant capital expenditures for new projects, large-scale program implementations, or strategic investments that are expected to yield future benefits. Without a detailed breakdown of expenses, the exact reason is unclear, but it's not uncommon for growing organizations to have years where expenses outpace revenue due to project cycles.
What caused the significant increase in liabilities in 202312?
Liabilities increased substantially from $776,678 in 202112 to $26,908,044 in 202312. This significant jump could be attributed to taking on debt for major land acquisitions, construction projects, or other large-scale initiatives related to the conservancy's mission. Further investigation into the nature of these liabilities would provide more clarity.
How does the 0% officer compensation impact the organization's financial health?
The consistent reporting of 0% officer compensation is a strong positive for the organization's financial health and donor perception. It suggests that leadership may be volunteer-based or compensated through other entities, allowing a greater proportion of funds to be directed towards program services and asset building. This practice enhances financial efficiency by reducing overhead costs associated with executive salaries.
Filing History
IRS 990 filing history for Trinity Park Conservancy showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Trinity Park Conservancy's revenue has grown by 285.8%, moving from $1.6M to $6.0M. Total assets increased by 840.1% over the same period, from $6.9M to $65.2M. Total functional expenses rose by 320.3%, from $2.4M to $10.2M. In its most recent filing year (2023), Trinity Park Conservancy reported a deficit of $4.2M, with expenses exceeding revenue. The organization holds $26.9M in liabilities against $65.2M in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $38.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $10.2M | $65.2M | $26.9M | — | — |
| 2022 | $8.9M | $4.9M | $70.0M | $27.5M | — | View 990 |
| 2021 | $12.2M | $5.1M | $39.3M | $777K | — | View 990 |
| 2020 | $10.6M | $4.9M | $31.6M | $170K | — | — |
| 2019 | $19.7M | $4.8M | $29.2M | $3.6M | — | View 990 |
| 2018 | $1.8M | $3.3M | $11.5M | $740K | — | View 990 |
| 2017 | $629K | $1.7M | $12.4M | $102K | — | View 990 |
| 2016 | $10.9M | $1.2M | $13.5M | $90K | — | View 990 |
| 2015 | $1.5M | $2.3M | $3.9M | $100K | — | View 990 |
| 2014 | $1.5M | $1.1M | $4.6M | $31K | — | View 990 |
| 2013 | $8.2M | $13.2M | $4.3M | $60K | — | View 990 |
| 2012 | $8.1M | $2.5M | $9.3M | $26K | — | View 990 |
| 2011 | $4.8M | $8.0M | $4.4M | $773K | — | View 990 |
| 2010 | $1.6M | $2.4M | $6.9M | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $10.2M, and assets of $65.2M (revenue -32.3% year-over-year).
- 2022: Revenue of $8.9M, expenses of $4.9M, and assets of $70.0M (revenue -27.2% year-over-year).
- 2021: Revenue of $12.2M, expenses of $5.1M, and assets of $39.3M (revenue +14.8% year-over-year).
- 2020: Revenue of $10.6M, expenses of $4.9M, and assets of $31.6M (revenue -45.9% year-over-year).
- 2019: Revenue of $19.7M, expenses of $4.8M, and assets of $29.2M (revenue +1002.6% year-over-year).
- 2018: Revenue of $1.8M, expenses of $3.3M, and assets of $11.5M (revenue +183.9% year-over-year).
- 2017: Revenue of $629K, expenses of $1.7M, and assets of $12.4M (revenue -94.2% year-over-year).
- 2016: Revenue of $10.9M, expenses of $1.2M, and assets of $13.5M (revenue +629.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $2.3M, and assets of $3.9M (revenue -0.1% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.1M, and assets of $4.6M (revenue -81.8% year-over-year).
- 2013: Revenue of $8.2M, expenses of $13.2M, and assets of $4.3M (revenue +0.7% year-over-year).
- 2012: Revenue of $8.1M, expenses of $2.5M, and assets of $9.3M (revenue +70.9% year-over-year).
- 2011: Revenue of $4.8M, expenses of $8.0M, and assets of $4.4M (revenue +204.4% year-over-year).
- 2010: Revenue of $1.6M, expenses of $2.4M, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Park Conservancy:
Data Sources and Methodology
This transparency report for Trinity Park Conservancy 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.