Trinity Collegiate School EIN 57-1013495

Trinity Collegiate School

EIN  57-1013495 Public charity (501(c)(3)) Darlington, SC
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/23/26 · see original filing: IRS
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Size
$1–10M
What they do
Educates students for academic success in college.
Leadership
Mr Edward Hoffman · Headmaster · $161K
Money in and out
$5.0M revenue, $5.9M expenses
Bottom line
82% program efficiency

Educates students for academic success in college. For fiscal year 2025 it reported $5.0M in revenue, $5.9M in expenses, and $-50K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$5.0M
Pt VIII · Ln 12
Total expenses
$5.9M
Pt IX · Ln 25
Net assets
$-50K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$871K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.17 Fundraising $0.00
Program efficiency
82%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
2.8mo
months of highly liquid reserves at operating expense rate▼ -3% vs prior filing year
Surplus margin
-17%
revenue over expenses, this year▼ -10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$5.0M
FY20250%
Expenses
$5.9M
FY2025▲ +1%
Total assets
$5.3M
FY2025▼ -3%
Total liabilities
$5.4M
FY2025▲ +15%
Total revenue
$5.0M
Pt VIII · Ln 12
Total expenses
$5.9M
Pt IX · Ln 25
Net assets
$-50K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$871K
Total assetsPt X · Ln 16$5.3M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $4.9M of program spending, described in the organization's own filed words · FY2024.
01

To provide a college preparatory school of academic excellence to all qualified persons, regardless of race, ethnic origin, sex or religion.

$4.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTrinity Collegiate School
EINHdr · item D57-1013495
Principal addressHdr · item CDarlington, SC
WebsiteHdr · item Jwww.trinitycollegiate.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20Z)
Ruling yearIRS BMFJun 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$161,016Pt 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

Mr Edward Hoffman’s $161K as Headmaster is at the 70th percentile of top reported officer pay among 3393 $1–10M 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mr Edward Hoffman$161,016$155,400$150,000$145,000$140,000$145,000

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.

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Statement of Revenue

Part VIII
Program service revenue$4.5M · 90%
Contributions & grants$460K · 9%
Investment income$50K · 1%
Program service revenue90%$4.5M
Contributions & grants9%$460K
Investment income1%$50K
Total revenueLn 12$5.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.17 Fundraising $0.00
Program services82%$4.9M
Management & general17%$1.0M
Fundraising$15K
Total functional expensesLn 25$5.9M

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$5.3M
Total liabilitiesLn 26$5.4M
Total net assetsLn 32$-50K
Months of cash on handcomputed2.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $5.9M
2.8 months
Where the money goes
Program services
Program services $4.9M · Total expenses $5.9M
82%
Management & General
Management & general $1.0M · Total expenses $5.9M
17%
Fundraising
Fundraising $15K · Total expenses $5.9M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $45K · Solicited contributions (3-yr avg) $417K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $460K · Total revenue $5.0M
9%
Government reliance
Government grants — · Total revenue $5.0M
Earned-income share
Program service revenue $4.5M · Total revenue $5.0M
90%
Investment reliance
Investment income $50K · Total revenue $5.0M
+1%
Program self-sufficiency
Program service revenue $4.5M · Total expenses $5.9M
77%
Growth & trend
Revenue growth (YoY)
This year $5.0M · Prior year $5.0M
0%
Revenue CAGR
FY2019 $3.8M · FY2024 $5.0M
+5%
Net-asset trend (YoY)
End of year $-50K · Beginning of year $820K
-106%
Balance sheet
Surplus Margin
Revenue $5.0M · Expenses $5.9M
-17%
Liabilities-to-Assets
Total liabilities $5.4M · Total assets $5.3M
101%
Net-asset ratio
Net assets $-50K · Total assets $5.3M
-1%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $337K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.3M
6%
People & payroll
Highest Reported Total Compensation
Individual Mr Edward Hoffman · Reported title HEADMASTER · Highest reported compensation $161K · Total expenses $5.9M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.9M · Total expenses $5.9M
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 17%
Fundraising cost ratio 3%
Revenue growth -0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$8K
Grants paid · 16 grants · $3.1M · 2019–2024
Unitemized GrantFY2024$478,560
Unitemized GrantFY2024$52,160
Unitemized GrantFY2024$35,190
Unitemized GrantFY2023$471,765
Unitemized GrantFY2023$47,303
Unitemized GrantFY2023$23,751
Unitemized GrantFY2022$411,018
Unitemized GrantFY2022$74,305
Unitemized GrantFY2022$22,724
Unitemized GrantFY2021$516,232
Unitemized GrantFY2021$47,215
Unitemized GrantFY2021$19,424
Unitemized GrantFY2020$469,855
Unitemized GrantFY2020$48,680
Unitemized GrantFY2019$372,785
Unitemized GrantFY2019$9,940

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$5.0M revenue · viewing · ⤓ 990 PDF
FY2024$5.0M revenue · ⤓ 990 PDF
FY2023$5.0M revenue · ⤓ 990 PDF
FY2022$6.6M revenue · ⤓ 990 PDF
FY2021$4.5M revenue · ⤓ 990 PDF
FY2020$3.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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