Trivium School FY2021 filing

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Trivium is a catholic college preparatory School dedicated to providing a classical education to boys and girls in grades seven through twelve.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$68K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $293K a year · 26% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$68K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Plus $530K in investments, Pt X · Ln 11–13
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $175K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$191K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$883K
+43% vs prior year
Spent
$633K
To programs
83%
Net assets
$1.3M
By yearFY2020–FY2025
Revenue
$883K
FY2021▲ +43%
Tap a bar for its year
Revenue by fiscal year
FY2020$619K
FY2021$883K
FY2022$1.4M
FY2023$1.1M
FY2024$1.2M
FY2025$1.4M
Expenses
$633K
FY2021▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$614K
FY2021$633K
FY2022$753K
FY2023$849K
FY2024$996K
FY2025$1.1M
Net assets
$1.3M
FY2021▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2020$997K
FY2021$1.3M
FY2022$1.8M
FY2023$1.8M
FY2024$2.1M
FY2025$2.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $526K Management & general 17% · $107K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $68K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$68,229Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr William Schmitt$89,628$89,629$76,250$62,188$68,229$61,667

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Trivium School executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Educates boys and girls in grades seven through twelve with a classical curriculum.

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1 program · $526K · in their own filed words · FY2020
01

The school has been graduating classes since 1980 and the class of 2021 graduated in may 2021. Our students go on to pursue advanced education, military enlistment as well as other vocation related areas.

$526Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$175K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$883K
Ln 12
Fees for servicesLn 2g$479K
Gifts and grantsLn 1h$292K
Other incomeLn 4–11$86K
Money outPt IX
$633K
Ln 25
Programscol B$526K
Managementcol C$107K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$268K
Total assetsLn 16$1.5M
LiabilitiesLn 26$191K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$292K
Fundraising eventsLn 1c$6K
Fees for servicesLn 2g$479K
Investment incomeLn 3$27K
Other incomeLn 4–11$86K
Gains on assetsLn 7$20K
Total revenueLn 12$883K
Assets in detailPt X, end of year
CashLn 1$75K
SavingsLn 2$193K
Cash and savings togetherLn 1–2$268K
Accounts receivableLn 4$9K
Notes and loans receivableLn 7$846
Prepaid expenses and deferred chargesLn 9$4K
Land, buildings, equipmentLn 10c$693K
InvestmentsLn 11–13$530K
Total assetsLn 16$1.5M
LiabilitiesLn 26$191K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 516
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$107K$268K
InvestmentsLn 11–13$332K$530K
Land, buildings, equipmentLn 10c$716K$693K
Total assetsLn 16$1.2M$1.5M
LiabilitiesLn 26$178K$191K
Net assetsLn 32$997K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$64K$19K$45K
Other salaries and wagesLn 7$410K$403K$7K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$250$250
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$3K$3K
OccupancyLn 16$47K$32K$15K
Depreciation, depletion and amortizationLn 22$37K$37K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$43K$36K$6K
All other expensesLn 24e$305−$908$1K
Total functional expensesLn 25$633K$526K$107K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 12, 2025 $1.4M$1.1M$375K$2.5M 990 PDF
FY2024Filed with the IRS Feb 25, 2025 $1.2M$996K$242K$2.1M 990 PDF
FY2023Filed with the IRS Mar 9, 2024 $1.1M$849K$218K$1.8M 990 PDF
FY2022Filed with the IRS Apr 20, 2023 $1.4M$753K$667K$1.8M 990 PDF
FY2021 ViewingFiled with the IRS Mar 16, 2022 $883K$633K$250K$1.3M 990 PDF
FY2020Filed with the IRS Feb 11, 2021 $619K$614K$5K$997K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $883,332 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $105,783$291,793
I-9 Program service revenuePrior year $479,365$479,341
I-10 Investment incomePrior year $15,102$26,645
I-11 Other revenuePrior year $18,992$85,553
I-12 Total revenuePrior year $619,242$883,332
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $434,348$473,727
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $179,828$159,208
I-18 Total expensesPrior year $614,176$632,935
I-19 Revenue less expensesPrior year $5,066$250,397
Part VI · Governance 6 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $883,332 across 8 lines filed
VIII-1c Fundraising events$6,125
VIII-1f All other contributions, gifts and grants$285,668
VIII-1h Total contributions, gifts and grants$291,793
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $479,341$479,341
VIII-3 Investment incomeExcluded from tax $6,759$6,759
VIII-7 Net gain or loss on sales of assetsExcluded from tax $19,886$19,886
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,253 · Excluded from tax $81,300$85,553
VIII-12 Total revenueRelated to mission $483,594 · Excluded from tax $107,945$883,332
Part IX · Statement of functional expenses $632,935 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $19,125 · Management $44,625$63,750
IX-7 Other salaries and wagesPrograms $402,777 · Management $7,200$409,977
IX-11b Legal feesManagement $6,900$6,900
IX-11c Accounting feesManagement $15,850$15,850
IX-11g Other fees for servicesManagement $250$250
IX-12 Advertising and promotionManagement $1,325$1,325
IX-13 Office expensesManagement $2,798$2,798
IX-16 OccupancyPrograms $32,082 · Management $14,828$46,910
IX-22 Depreciation, depletion and amortizationPrograms $36,877$36,877
IX-23 InsuranceManagement $5,424$5,424
IX-24 Other expenses (24a–d)Programs $36,269 · Management $6,300$42,569
IX-24e All other expensesPrograms −$908 · Management $1,213$305
IX-25 Total functional expensesPrograms $526,222 · Management $106,713 · Fundraising $0$632,935
Part X · Balance sheet $1,505,006 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $104,159$74,796
X-2 Savings and temporary cash investmentsStart of year $3,037$193,089
X-4 Accounts receivableStart of year $12,572$9,435
X-7 Notes and loans receivableStart of year $3,659$846
X-9 Prepaid expenses and deferred chargesStart of year $3,592$3,951
X-10c Land, buildings and equipment, netStart of year $715,547$693,028
X-11 Publicly traded securitiesStart of year $332,046$529,861
X-16 Total assetsStart of year $1,174,622$1,505,006
X-17 Accounts payable and accrued expensesStart of year $60,124$84,190
X-19 Deferred revenueStart of year $9,220$16,000
X-22 Loans from officers and insidersStart of year $27,300$2,100
X-24 Unsecured notes and loans payableStart of year $81,300$89,030
X-26 Total liabilitiesStart of year $177,944$191,320
X-27 Net assets without donor restrictionsStart of year $932,305$1,187,718
X-28 Net assets with donor restrictionsStart of year $64,373$125,968
X-32 Total net assets or fund balancesStart of year $996,678$1,313,686
X-33 Total liabilities and net assetsStart of year $1,174,622$1,505,006
Part XI · Reconciliation of net assets $1,313,686 net assets at year end
XI-1 Total revenue$883,332
XI-2 Total expenses$632,935
XI-3 Revenue less expenses$250,397
XI-4 Net assets at start of year$996,678
XI-5 Net unrealized gains (losses) on investments$66,611
XI-10 Net assets at end of year$1,313,686

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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