Primary and preschool educational programs for 600 students.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$1.1M 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
5 of 5
filings with a surplus
Average surplus $4.4M a year · 17% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $85.1M in investments, Pt X · Ln 11–13
Looks good: 7.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $23K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$26.5M
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.1M
Spent
$19.5M
To programs
78%
Net assets
$106.7M
By yearFY2021–FY2025
Revenue
$25.1M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$25.1M
FY2022$27.0M
FY2023$26.0M
FY2024$26.7M
FY2025$27.1M
Expenses
$19.5M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$19.5M
FY2022$20.5M
FY2023$21.6M
FY2024$23.4M
FY2025$25.0M
Net assets
$106.7M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$106.7M
FY2022$102.5M
FY2023$112.4M
FY2024$125.3M
FY2025$135.5M

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 Jan 1975.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $15.3M Management & general 17% · $3.3M Fundraising 5% · $913K

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

39 people listed on the 990; $1.1M 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
Head of School
$363,062Pt VII · Sec A
Director of Finance
$172,593Pt VII · Sec A
Director of Advancement
$118,108Pt VII · Sec A
Director of Admissions
$118,027Pt VII · Sec A
Director of Operations
$117,892Pt VII · Sec A
Pe Teacher
$112,609Pt VII · Sec A
Immediate Past Controller
$112,105Pt VII · Sec A
$0Pt VII · Sec A

Joseph Marshall’s $435K as Head of School is at the 84th 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

NameFY2025FY2024FY2023FY2022FY2021
Joseph Marshall$434,740$412,024$389,300$374,696—
Joseph P Marshall————$363,062
Ken Bomar$209,403$196,447$185,208$178,546—
Kenneth W Bomar————$172,593
Margaret Douglas$144,011$134,893$126,245$116,307$118,108
Ira Dawson$143,614$137,020$131,301——
Mary Du Preez$142,981————
Bradley Brown$142,126$133,210$125,774$121,619$118,027

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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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

Provides primary and preschool education for 600 students.

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Provided by the organization

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3 programs · $15.3M · in their own filed words · FY2020
01

School Program

Early education division - education of early learners to first grade with the best program to meet all of their educational needs. Upper elementary division - elementary education for 2ND grade to 6TH grade to develop the child with caring and superior educational program and prepare him or her for middle school at the top programs in…

$14.4Mprogram expense
02

After School Extended Program

Extended day program in support of trinity's elementary school children. Program includes after-school care, assistance with homework and "specials" which include extra-curricular activities.

$591Kprogram expense
03

Summer Camp Program

Day camps offered to trinity students as well as those in the community. Program includes sports, special interests and academic classes.

$240Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$23K
Grants paid · 5 grants · $6.9M · 2020–2024
Unitemized GrantFY2024$1,512,750
Unitemized GrantFY2023$1,402,033
Unitemized GrantFY2022$1,360,950
Unitemized GrantFY2021$1,282,585
Unitemized GrantFY2020$1,331,860

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$25.1M
Ln 12
Fees for servicesLn 2g$15.8M
Gifts and grantsLn 1h$6.6M
Investment incomeLn 3$2.6M
Money outPt IX
$19.5M
Ln 25
Programscol B$15.3M
Managementcol C$3.3M
Fundraisingcol D$913K
Owns and owesPt X
$106.7M
net assets · Ln 32
Cash and savingsLn 1–2$12.7M
Total assetsLn 16$133.2M
LiabilitiesLn 26$26.5M
PeoplePt VI, VII
39
listed · VII A
PaidVII A7
Voting boardVI 1a30
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.6M
Government grantsLn 1e$1.3M
Noncash giftsLn 1g$499K
Fees for servicesLn 2g$15.8M
Investment incomeLn 3$2.6M
Other incomeLn 4–11$82K
Gains on assetsLn 7$1.2M
Total revenueLn 12$25.1M
Assets in detailPt X, end of year
SavingsLn 2$12.7M
Cash and savings togetherLn 1–2$12.7M
InvestmentsLn 11–13$85.1M
Land, buildings, equipmentLn 10c$31.3M
Total assetsLn 16$133.2M
LiabilitiesLn 26$26.5M
Net assetsLn 32$106.7M
OperationsPt I, VI
EmployeesI 5245
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 FY21End FY21
Cash and savingsLn 1–2$12.6M$12.7M
InvestmentsLn 11–13$64.8M$85.1M
Land, buildings, equipmentLn 10c$31.2M$31.3M
Total assetsLn 16$110.7M$133.2M
LiabilitiesLn 26$26.2M$26.5M
Net assetsLn 32$84.5M$106.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.3M$1.3M
Pay of current officers, directors and key staffLn 5$631K$593K$38K
Other salaries and wagesLn 7$9.4M$7.7M$1.1M$504K
Pension plan contributionsLn 8$606K$500K$74K$33K
Other employee benefitsLn 9$998K$822K$122K$54K
Payroll taxesLn 10$660K$514K$113K$33K
Legal feesLn 11b$65K$65K
Accounting feesLn 11c$17K$17K
Professional fundraising feesLn 11e$93K$93K
Investment management feesLn 11f$431K$431K
Other fees for servicesLn 11g$553K$470K$83K
Advertising and promotionLn 12$129K$37K$44K$49K
Office expensesLn 13$236K$115K$73K$48K
Information technologyLn 14$610K$421K$126K$62K
OccupancyLn 16$716K$656K$60K
InterestLn 20$568K$520K$48K
Depreciation, depletion and amortizationLn 22$1.4M$1.3M$121K
InsuranceLn 23$71K$71K
Other expenses (24a–d)Ln 24$933K$822K$111K
Total functional expensesLn 25$19.5M$15.3M$3.3M$913K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $27.1M$25.0M$2.1M$135.5M 990 PDF
FY2024 $26.7M$23.4M$3.3M$125.3M 990 PDF
FY2023 $26.0M$21.6M$4.4M$112.4M 990 PDF
FY2022 $27.0M$20.5M$6.5M$102.5M 990 PDF
FY2021 Viewing $25.1M$19.5M$5.6M$106.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $25,058,941 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,092,619$6,553,364
I-9 Program service revenuePrior year $15,495,770$15,833,442
I-10 Investment incomePrior year $1,343,181$2,590,273
I-11 Other revenuePrior year $651,247$81,862
I-12 Total revenuePrior year $19,582,817$25,058,941
I-13 Grants and similar amounts paidPrior year $1,038,600$1,331,860
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,817,905$12,281,613
I-16a Professional fundraising feesPrior year $0$93,255
I-17 Other expensesPrior year $5,513,021$5,766,298
I-18 Total expensesPrior year $18,369,526$19,473,026
I-19 Revenue less expensesPrior year $1,213,291$5,585,915
Part VI · Governance 30 of 30 board members independent, no flags
VI-1a Voting members of the governing body30
VI-1b Independent voting members30
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 $25,058,941 across 10 lines filed
VIII-1e Government grants$1,282,566
VIII-1f All other contributions, gifts and grants$5,270,798
VIII-1g Noncash contributions (included above)$499,238
VIII-1h Total contributions, gifts and grants$6,553,364
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,833,442$15,833,442
VIII-3 Investment incomeUnrelated business −$202 · Excluded from tax $1,430,661$1,430,459
VIII-6 Net rental income or lossExcluded from tax $2,500$2,500
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,159,814$1,159,814
VIII-8 Net income from fundraising eventsExcluded from tax $79,362$79,362
VIII-12 Total revenueRelated to mission $15,833,442 · Unrelated business −$202 · Excluded from tax $2,672,337$25,058,941
Part IX · Statement of functional expenses $19,473,026 across 19 lines filed
IX-2 Grants to domestic individualsPrograms $1,331,860$1,331,860
IX-5 Pay of current officers, directors and key staffManagement $593,490 · Fundraising $37,988$631,478
IX-7 Other salaries and wagesPrograms $7,737,280 · Management $1,145,187 · Fundraising $503,527$9,385,994
IX-8 Pension plan contributionsPrograms $499,769 · Management $73,970 · Fundraising $32,524$606,263
IX-9 Other employee benefitsPrograms $822,360 · Management $121,716 · Fundraising $53,518$997,594
IX-10 Payroll taxesPrograms $513,538 · Management $113,326 · Fundraising $33,420$660,284
IX-11b Legal feesManagement $65,222$65,222
IX-11c Accounting feesManagement $17,060$17,060
IX-11e Professional fundraising feesFundraising $93,255$93,255
IX-11f Investment management feesManagement $431,111$431,111
IX-11g Other fees for servicesPrograms $469,670 · Management $83,293$552,963
IX-12 Advertising and promotionPrograms $36,824 · Management $44,020 · Fundraising $48,654$129,498
IX-13 Office expensesPrograms $115,454 · Management $73,295 · Fundraising $47,684$236,433
IX-14 Information technologyPrograms $420,941 · Management $126,413 · Fundraising $62,229$609,583
IX-16 OccupancyPrograms $656,077 · Management $60,285$716,362
IX-20 InterestPrograms $520,217 · Management $47,801$568,018
IX-22 Depreciation, depletion and amortizationPrograms $1,315,359 · Management $120,864$1,436,223
IX-23 InsuranceManagement $71,092$71,092
IX-24 Other expenses (24a–d)Programs $821,624 · Management $111,109$932,733
IX-25 Total functional expensesPrograms $15,260,973 · Management $3,299,254 · Fundraising $912,799$19,473,026
Part X · Balance sheet $133,203,671 assets, 17 lines filed
X-2 Savings and temporary cash investmentsStart of year $12,647,388$12,686,989
X-3 Pledges and grants receivableStart of year $105,225$2,478,119
X-4 Accounts receivableStart of year $1,655,850$1,184,616
X-9 Prepaid expenses and deferred chargesStart of year $310,546$448,937
X-10c Land, buildings and equipment, netStart of year $31,195,873$31,316,068
X-11 Publicly traded securitiesStart of year $47,577,213$67,723,666
X-12 Other securitiesStart of year $17,178,086$17,365,276
X-16 Total assetsStart of year $110,670,181$133,203,671
X-17 Accounts payable and accrued expensesStart of year $288,764$285,078
X-19 Deferred revenueStart of year $8,553,671$10,262,146
X-20 Tax-exempt bond liabilitiesStart of year $14,682,035$14,721,527
X-25 Other liabilitiesStart of year $2,657,841$1,199,092
X-26 Total liabilitiesStart of year $26,182,311$26,467,843
X-27 Net assets without donor restrictionsStart of year $77,477,239$93,916,471
X-28 Net assets with donor restrictionsStart of year $7,010,631$12,819,357
X-32 Total net assets or fund balancesStart of year $84,487,870$106,735,828
X-33 Total liabilities and net assetsStart of year $110,670,181$133,203,671
Part XI · Reconciliation of net assets $106,735,828 net assets at year end
XI-1 Total revenue$25,058,941
XI-2 Total expenses$19,473,026
XI-3 Revenue less expenses$5,585,915
XI-4 Net assets at start of year$84,487,870
XI-5 Net unrealized gains (losses) on investments$16,318,987
XI-9 Other changes in net assets$343,056
XI-10 Net assets at end of year$106,735,828

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

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