Trinity Episcopal School is called to inspire young lives by creating outstanding scholars who are grounded in a firm spiritual foundation and an enduring commitment to the richness of diversity.

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$679K 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

FY2024 · 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
4 of 6
filings with a surplus
Average surplus $577K a year · 5% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$679K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $23.1M in investments, Pt X · Ln 11–13
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $561K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.0M
-2% vs prior year
Spent
$13.2M
To programs
75%
Net assets
$39.6M
By yearFY2020–FY2025
Revenue
$13.0M
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.0M
FY2021$10.6M
FY2022$12.7M
FY2023$13.3M
FY2024$13.0M
FY2025$16.2M
Expenses
$13.2M
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.3M
FY2021$10.5M
FY2022$11.9M
FY2023$12.8M
FY2024$13.2M
FY2025$13.7M
Net assets
$39.6M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$34.2M
FY2021$38.6M
FY2022$35.9M
FY2023$38.1M
FY2024$39.6M
FY2025$43.6M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 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 Sep 1998.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $9.9M Management & general 21% · $2.7M Fundraising 4% · $581K

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

Something off? Claim to add context

Who runs it and what they're paid

24 people listed on the 990; $679K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Head of School
$268,604Pt VII · Sec A
Former Head of School(thru 6/30/22)
$155,700Pt VII · Sec A
$151,134Pt VII · Sec A
Head of Middle School
$104,049Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Imana Sherrill’s $275K as Head of School is at the 59th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Thomas J Franz—$155,700$344,898$285,264$297,102—
Thomas Franz—————$284,927
Imana Sherrill$275,198$268,604$142,379———
Adam Coleman$158,963$151,134$95,999———
Glenn Dahlen———$118,465—$104,072
Glenn E Dahlen————$109,954—
Christine Weiss——$107,511$103,850——
Sarah Thomas$105,484—————

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 Trinity Episcopal School executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires young scholars with spiritual grounding and a commitment to diversity.

Questions for Trinity Episcopal School

Tap to ask. Trinity Episcopal School sees how many people are interested.

Your first name shows with your question. Trinity Episcopal School answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $9.9M · in their own filed words · FY2023
01

In charlotte's center city, the trinity episcopal school k-8 programs create scholars, nurture spirituality, embrace diversity, and instill integrity. The school enrolled 438 students for the 2023-24 school year and graduated 51 students in june 2024.

$9.0Mprogram expense
02

The trinity episcopal school extended day programs provide educational enrichment, after-school care, and summer camp programs. Educational enrichments and after-school care were provided to approximately 150 students during the 2023-2024 school year.

$911Kprogram 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
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$13.0M
Ln 12
Fees for servicesLn 2g$11.4M
Investment incomeLn 3$1.2M
Gifts and grantsLn 1h$386K
Money outPt IX
$13.2M
Ln 25
Programscol B$9.9M
Managementcol C$2.7M
Fundraisingcol D$581K
Owns and owesPt X
$39.6M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$42.6M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A4
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$386K
Noncash giftsLn 1g$19K
Fundraising eventsLn 1c$14K
Fees for servicesLn 2g$11.4M
Investment incomeLn 3$1.2M
Other incomeLn 4–11$96K
Gains on assetsLn 7$606K
Total revenueLn 12$13.0M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$2.2M
Cash and savings togetherLn 1–2$3.6M
InvestmentsLn 11–13$23.1M
Land, buildings, equipmentLn 10c$14.9M
Total assetsLn 16$42.6M
LiabilitiesLn 26$3.0M
Net assetsLn 32$39.6M
OperationsPt I, VI
EmployeesI 5121
VolunteersI 6300
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$7.0M$3.6M
InvestmentsLn 11–13$18.0M$23.1M
Land, buildings, equipmentLn 10c$15.3M$14.9M
Total assetsLn 16$41.4M$42.6M
LiabilitiesLn 26$3.3M$3.0M
Net assetsLn 32$38.1M$39.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.1M$2.1M
Pay of current officers, directors and key staffLn 5$498K$158K$308K$32K
Other salaries and wagesLn 7$5.2M$3.8M$1.2M$254K
Pension plan contributionsLn 8$350K$252K$84K$14K
Other employee benefitsLn 9$908K$675K$197K$36K
Payroll taxesLn 10$403K$285K$97K$20K
Legal feesLn 11b$15K$15K
Accounting feesLn 11c$52K$52K
Professional fundraising feesLn 11e$110K$110K
Investment management feesLn 11f$111K$111K
Other fees for servicesLn 11g$38K$38K
Advertising and promotionLn 12$40K$3K$38K
Office expensesLn 13$142K$80K$53K$9K
Information technologyLn 14$119K$85K$28K$6K
OccupancyLn 16$624K$565K$49K$10K
TravelLn 17$119$119
InterestLn 20$76K$70K$3K$3K
Depreciation, depletion and amortizationLn 22$828K$591K$197K$41K
InsuranceLn 23$56K$56K
Other expenses (24a–d)Ln 24$1.3M$1.2M$65K$28K
All other expensesLn 24e$265K$65K$182K$18K
Total functional expensesLn 25$13.2M$9.9M$2.7M$581K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $16.2M$13.7M$2.5M$43.6M 990 PDF
FY2024 Viewing $13.0M$13.2M−$222K$39.6M 990 PDF
FY2023 $13.3M$12.8M$507K$38.1M 990 PDF
FY2022 $12.7M$11.9M$842K$35.9M 990 PDF
FY2021 $10.6M$10.5M$96K$38.6M 990 PDF
FY2020 $10.0M$10.3M−$260K$34.2M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $13,006,317 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,260,148$386,478
I-9 Program service revenuePrior year $10,580,853$11,364,719
I-10 Investment incomePrior year $352,715$1,159,137
I-11 Other revenuePrior year $81,379$95,983
I-12 Total revenuePrior year $13,275,095$13,006,317
I-13 Grants and similar amounts paidPrior year $2,232,767$2,061,982
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,934,707$7,394,889
I-16a Professional fundraising feesPrior year $0$109,697
I-17 Other expensesPrior year $3,600,928$3,661,932
I-18 Total expensesPrior year $12,768,402$13,228,500
I-19 Revenue less expensesPrior year $506,693−$222,183
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
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 $13,006,317 across 11 lines filed
VIII-1c Fundraising events$13,615
VIII-1f All other contributions, gifts and grants$372,863
VIII-1g Noncash contributions (included above)$18,988
VIII-1h Total contributions, gifts and grants$386,478
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,364,719$11,364,719
VIII-3 Investment incomeExcluded from tax $553,079$553,079
VIII-6 Net rental income or lossExcluded from tax $13,460$13,460
VIII-7 Net gain or loss on sales of assetsExcluded from tax $606,058$606,058
VIII-8 Net income from fundraising eventsExcluded from tax −$4,165−$4,165
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $86,688$86,688
VIII-12 Total revenueRelated to mission $11,364,719 · Unrelated business $0 · Excluded from tax $1,255,120$13,006,317
Part IX · Statement of functional expenses $13,228,500 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $2,061,982$2,061,982
IX-5 Pay of current officers, directors and key staffPrograms $158,139 · Management $308,220 · Fundraising $31,628$497,987
IX-7 Other salaries and wagesPrograms $3,824,477 · Management $1,157,759 · Fundraising $254,162$5,236,398
IX-8 Pension plan contributionsPrograms $252,194 · Management $83,533 · Fundraising $14,237$349,964
IX-9 Other employee benefitsPrograms $675,394 · Management $196,521 · Fundraising $36,005$907,920
IX-10 Payroll taxesPrograms $284,955 · Management $97,215 · Fundraising $20,450$402,620
IX-11b Legal feesManagement $15,274$15,274
IX-11c Accounting feesManagement $52,417$52,417
IX-11e Professional fundraising feesFundraising $109,697$109,697
IX-11f Investment management feesManagement $110,528$110,528
IX-11g Other fees for servicesManagement $38,201$38,201
IX-12 Advertising and promotionPrograms $2,855 · Management $37,501$40,356
IX-13 Office expensesPrograms $80,001 · Management $53,405 · Fundraising $8,798$142,204
IX-14 Information technologyPrograms $84,531 · Management $28,143 · Fundraising $5,865$118,539
IX-16 OccupancyPrograms $565,258 · Management $49,405 · Fundraising $9,608$624,271
IX-17 TravelManagement $119$119
IX-20 InterestPrograms $69,833 · Management $3,212 · Fundraising $3,416$76,461
IX-22 Depreciation, depletion and amortizationPrograms $590,773 · Management $196,686 · Fundraising $40,992$828,451
IX-23 InsuranceManagement $56,492$56,492
IX-24 Other expenses (24a–d)Programs $1,200,484 · Management $65,049 · Fundraising $28,042$1,293,575
IX-24e All other expensesPrograms $64,902 · Management $182,024 · Fundraising $18,118$265,044
IX-25 Total functional expensesPrograms $9,915,778 · Management $2,731,704 · Fundraising $581,018$13,228,500
Part X · Balance sheet $42,567,418 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,106,763$1,405,431
X-2 Savings and temporary cash investmentsStart of year $4,868,974$2,216,031
X-3 Pledges and grants receivableStart of year $916,058$582,596
X-4 Accounts receivableStart of year $49,405$107,271
X-9 Prepaid expenses and deferred chargesStart of year $188,566$217,504
X-10c Land, buildings and equipment, netStart of year $15,253,707$14,899,112
X-11 Publicly traded securitiesStart of year $9,884,718$14,358,113
X-12 Other securitiesStart of year $8,091,589$8,781,360
X-16 Total assetsStart of year $41,359,780$42,567,418
X-17 Accounts payable and accrued expensesStart of year $412,832$356,398
X-19 Deferred revenueStart of year $833,067$740,976
X-20 Tax-exempt bond liabilitiesStart of year $2,015,104$1,916,964
X-26 Total liabilitiesStart of year $3,261,003$3,014,338
X-27 Net assets without donor restrictionsStart of year $21,370,814$21,824,038
X-28 Net assets with donor restrictionsStart of year $16,727,963$17,729,042
X-32 Total net assets or fund balancesStart of year $38,098,777$39,553,080
X-33 Total liabilities and net assetsStart of year $41,359,780$42,567,418
Part XI · Reconciliation of net assets $39,553,080 net assets at year end
XI-1 Total revenue$13,006,317
XI-2 Total expenses$13,228,500
XI-3 Revenue less expenses−$222,183
XI-4 Net assets at start of year$38,098,777
XI-5 Net unrealized gains (losses) on investments$1,676,486
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$39,553,080

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.