Skip to content
Nonprofiteer
← TRINITY EPISCOPAL SCHOOL INC

Form 990 for tax year 2024

Filed by TRINITY EPISCOPAL SCHOOL INC.

Totals

Total revenue
$17,340,691
Total expenses
$16,032,965
Contributions and grants received
$1,758,000
Grants paid
$3,375,500
Program service revenue
$14,977,015
Investment income
$504,138
Other revenue
$101,538
Total assets, end of year
$30,017,738
Total liabilities, end of year
$7,299,468
Net assets or fund balances, end of year
$22,718,270
Program services expenses (Part IX)
$14,259,545
Management and general expenses
$1,347,762
Fundraising expenses
$425,658
Program service expenses (Part III)
$14,259,545

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,758,000

  • 1g · Noncash contributions included above

    $42,928

  • 2a · Program service revenue: TUITION AND FEES

    total $14,814,539 · related or exempt $14,814,539

  • 2b · Program service revenue: SUMMER PROGRAMS

    total $88,830 · related or exempt $88,830

  • 2c · Program service revenue: STUDENT ACTIVITIES

    total $50,865 · related or exempt $50,865

  • 2d · Program service revenue: TEXTBOOK SALES

    total $22,781 · related or exempt $22,781

  • 4 · Income from investment of tax-exempt bond proceeds

    total $364,340 · excluded $364,340

  • 6a · Gross rents

    real property $10,604

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $10,604

  • 6d · Net rental income or loss

    total $10,604 · excluded $10,604

  • 7a · Gross sales of assets other than inventory

    securities $126,084 · other assets $13,714

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $126,084 · other assets $13,714

  • 7d · Net gain or loss

    total $139,798 · excluded $139,798

  • 10a · Gross sales of inventory

    $145,938

  • 10b · Cost of goods sold

    $119,939

  • 10c · Net income from sales of inventory

    total $25,999 · excluded $25,999

  • 11a · Other revenue: OTHER

    total $64,935 · related or exempt $64,935

  • 11e · Other revenue, total

    $64,935

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,375,500 · program services $3,375,500

  • 5 · Compensation of officers, directors and key employees

    total $375,664 · program services $106,196 · management and general $225,399 · fundraising $44,069

  • 7 · Other salaries and wages

    total $6,125,663 · program services $5,567,915 · management and general $422,516 · fundraising $135,232

  • 8 · Pension plan contributions

    total $937,595 · program services $831,776 · management and general $86,920 · fundraising $18,899

  • 9 · Other employee benefits

    total $202,808 · program services $168,105 · management and general $34,703

  • 10 · Payroll taxes

    total $479,401 · program services $406,676 · management and general $60,906 · fundraising $11,819

  • 11f · Fees: investment management

    total $75,898 · management and general $75,898

  • 13 · Office expenses

    total $79,198 · program services $34,059 · management and general $34,300 · fundraising $10,839

  • 17 · Travel

    total $127,311 · program services $127,311

  • 20 · Interest

    total $278,290 · program services $265,448 · management and general $10,756 · fundraising $2,086

  • 22 · Depreciation, depletion and amortization

    total $1,317,215 · program services $1,183,625 · management and general $91,052 · fundraising $42,538

  • 24a · Other expenses: MAINTENANCE

    total $484,233 · program services $484,233

  • 24b · Other expenses: ATHLETICS

    total $352,486 · program services $352,486

  • 24c · Other expenses: TEACHING SUPPLIES

    total $335,035 · program services $335,035

  • 24d · Other expenses: PROFESSIONAL SERVICES

    total $276,077 · program services $99,907 · management and general $131,170 · fundraising $45,000

  • 24e · All other expenses

    total $1,210,591 · program services $921,273 · management and general $174,142 · fundraising $115,176

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,298,673 · end of year $2,551,335

  • 3 · Pledges and grants receivable

    beginning of year $566,062 · end of year $681,967

  • 4 · Accounts receivable

    beginning of year $348,978 · end of year $389,086

  • 8 · Inventories for sale or use

    beginning of year $79,335 · end of year $71,855

  • 9 · Prepaid expenses and deferred charges

    beginning of year $87,517 · end of year $172,477

  • 10a · Land, buildings and equipment: cost or other basis

    $34,485,136

  • 10b · Land, buildings and equipment: accumulated depreciation

    $16,735,290

  • 10c · Land, buildings and equipment, net

    beginning of year $17,619,606 · end of year $17,749,846

  • 11 · Investments: publicly traded securities

    beginning of year $7,313,170 · end of year $8,364,560

  • 15 · Other assets

    beginning of year $102,072 · end of year $36,612

  • 17 · Accounts payable and accrued expenses

    beginning of year $764,213 · end of year $798,101

  • 19 · Deferred revenue

    beginning of year $595,464 · end of year $805,262

  • 20 · Tax-exempt bond liabilities

    beginning of year $4,080,398 · end of year $3,773,766

  • 23 · Secured mortgages and notes payable

    beginning of year $1,811,850 · end of year $1,860,809

  • 25 · Other liabilities

    beginning of year $118,680 · end of year $61,530

  • 27 · Net assets without donor restrictions

    beginning of year $19,148,283 · end of year $20,770,636

  • 28 · Net assets with donor restrictions

    beginning of year $1,896,525 · end of year $1,947,634

Mission and programs · 2024

Mission

PROVIDE EDUCATION, ATHLETICS AND SOCIAL INTERACTION FOR STUDENTS IN GRADES 8-12.

  • INSTRUCTION

    Expenses $10,354,785 · Grants $3,375,500 · Revenue $14,814,539

  • STUDENT SERVICES

    Expenses $3,904,760 · Revenue $227,411

As filed on the 2024 return.

Listed in Part VII

  • Sourya El-Ayoubi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cheri Anthony

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Danielle Crowley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jay Davenport

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ashley Jewett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Anne McCray

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard Flaherty

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Clay C Reynolds

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Muminovic

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Keegan Hines

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John T Willett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Samuel R Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jana McQuaid

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ann Roberts

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John C Ellis

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Coleman

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • R Braxton Hill IV

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • David Kearfott

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Rob Short

    HEAD OF SCHOOL

    Total calculated
    $212,652
    From this org
    $187,530
    From related orgs
    $0
    Other
    $25,122
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,530
    Bonus
    $35,000
    Other
    $0
    Deferred
    $15,750
    Nontaxable benefits
    $9,372
    Filer's total
    $212,652

  • Joseph Monaco

    CHIEF OPERATING OFFICER

    Total calculated
    $152,466
    From this org
    $132,820
    From related orgs
    $0
    Other
    $19,646
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $120,320
    Bonus
    $12,500
    Other
    $0
    Deferred
    $11,950
    Nontaxable benefits
    $7,696
    Filer's total
    $152,466

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TRINITY EPISCOPAL SCHOOL FOUNDATION

    VA

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202533189349305893

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.