Form 990 for tax year 2024
Filed by TRINITY CHRISTIAN ACADEMY FOUNDATION.
Totals
- Total revenue
- $8,582,293
- Total expenses
- $6,340,621
- Contributions and grants received
- $8,193,524
- Grants paid
- $5,622,938
- Program service revenue
- $0
- Investment income
- $541,275
- Other revenue
- -$152,506
- Total assets, end of year
- $19,687,764
- Total liabilities, end of year
- $195,420
- Net assets or fund balances, end of year
- $19,492,344
- Program services expenses (Part IX)
- $5,622,938
- Management and general expenses
- $363,614
- Fundraising expenses
- $354,069
- Program service expenses (Part III)
- $5,622,938
Program services were 88.7% 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.
-
1c · Fundraising events
$468,510
-
1f · All other contributions, gifts and grants
$7,725,014
-
1g · Noncash contributions included above
$3,731
-
3 · Investment income
total $521,187 · excluded $521,187
-
5 · Royalties
total $55 · excluded $55
-
7a · Gross sales of assets other than inventory
other assets $20,088
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $20,088
-
7d · Net gain or loss
total $20,088 · excluded $20,088
-
8a · Fundraising events: gross income
$263,790
-
8a · Fundraising events: contributions included on line 1c
$468,510
-
8b · Fundraising events: direct expenses
$417,037
-
8c · Net income from fundraising events
total -$153,247 · excluded -$153,247
-
11a · Other revenue: PALLADIAN PARTNERS V-A
total $686 · excluded $686
-
11e · Other revenue, total
$686
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,622,938 · program services $5,622,938
-
5 · Compensation of officers, directors and key employees
total $117,564 · management and general $95,932 · fundraising $21,632
-
7 · Other salaries and wages
total $465,128 · management and general $132,691 · fundraising $332,437
-
11c · Fees: accounting
total $41,910 · management and general $41,910
-
13 · Office expenses
total $14,762 · management and general $14,762
-
16 · Occupancy
total $70,155 · management and general $70,155
-
23 · Insurance
total $5,861 · management and general $5,861
-
24a · Other expenses: CONTRACT LABOR
total $1,380 · management and general $1,380
-
24b · Other expenses: MISCELLANEOUS EXPENSES
total $923 · management and general $923
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,773,498 · end of year $1,815,601
-
3 · Pledges and grants receivable
beginning of year $5,947,737 · end of year $7,839,570
-
9 · Prepaid expenses and deferred charges
beginning of year $71,400 · end of year $28,656
-
11 · Investments: publicly traded securities
beginning of year $9,012,981 · end of year $9,703,824
-
12 · Investments: other securities
beginning of year $168,568 · end of year $166,702
-
15 · Other assets
beginning of year $41,213 · end of year $133,411
-
17 · Accounts payable and accrued expenses
beginning of year $9,545 · end of year $4,724
-
19 · Deferred revenue
beginning of year $0 · end of year $57,285
-
25 · Other liabilities
beginning of year $42,233 · end of year $133,411
-
27 · Net assets without donor restrictions
beginning of year $1,236,729 · end of year $1,635,539
-
28 · Net assets with donor restrictions
beginning of year $15,726,890 · end of year $17,856,805
Mission and programs · 2024
Mission
EDUCATION
-
PROVIDE TRINITY CHRISTIAN ACADEMY WITH MONEY FOR STUDENT TUITION ASSISTANCE, AND OTHER EXPENDITURES INCURRED (I.E. CAPITAL IMPROVEMENTS) WHILE CARRYING OUT ITS EDUCATIONAL PURPOSE.
Expenses $5,622,938 · Grants $5,622,938 · Revenue $8,581,606
As filed on the 2024 return.
Listed in Part VII
-
BEAL BARRON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
COTTER KA
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
EDWARDS MARSHALL
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
LONG RYAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
MILLET BILL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
PARKER TRIPP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
SULZEN MIKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
WAYTE MELISSA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
KING TONJA
CHIEF ADMINISTRATIVE OFFIC
- Total calculated
- $149,288
- From this org
- $0
- From related orgs
- $119,965
- Other
- $29,323
- Hours/week
- 1 + 40 related
-
VAN SLYKE TONY
CHIEF FINANCIAL OFFICER
- Total calculated
- $203,670
- From this org
- $0
- From related orgs
- $178,691
- Other
- $24,979
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $178,691 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,400 related
- Nontaxable benefits
- $0 + $10,579 related
- Filer's total
- $0 + $203,670 related
-
WILLIAMS JEFF
HEAD OF SCHOOL
- Total calculated
- $438,787
- From this org
- $0
- From related orgs
- $401,808
- Other
- $36,979
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $401,808 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $26,400 related
- Nontaxable benefits
- $0 + $10,579 related
- Filer's total
- $0 + $438,787 related
-
LEWIS REBECCA
EXECUTIVE DIRECTOR OF FOUN
- Total calculated
- $267,822
- From this org
- $225,869
- From related orgs
- $0
- Other
- $41,953
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $225,869
- Bonus
- $0
- Other
- $0
- Deferred
- $20,459
- Nontaxable benefits
- $21,494
- Filer's total
- $267,822
-
MORRILL KYLE D
US PRINCIPAL
- Total calculated
- $166,782
- From this org
- $0
- From related orgs
- $144,764
- Other
- $22,018
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $144,764 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $11,842 related
- Nontaxable benefits
- $0 + $10,176 related
- Filer's total
- $0 + $166,782 related
-
PENDLETON KENT LUND
TECHNOLOGY CHAIR
- Total calculated
- $155,165
- From this org
- $0
- From related orgs
- $114,811
- Other
- $40,354
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $114,811 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $9,454 related
- Nontaxable benefits
- $0 + $30,900 related
- Filer's total
- $0 + $155,165 related
-
BROWN JULIE
DIRECTOR OF HUMAN RESOURCE
- Total calculated
- $137,908
- From this org
- $0
- From related orgs
- $111,866
- Other
- $26,042
- Hours/week
- 1 + 40 related
-
DYER BOB
DEAN OF UPPER SCHOOL
- Total calculated
- $175,724
- From this org
- $0
- From related orgs
- $111,292
- Other
- $64,432
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $111,292 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $9,236 related
- Nontaxable benefits
- $0 + $55,196 related
- Filer's total
- $0 + $175,724 related
-
MERCER STEVE
ASSISTANT HEAD OF UPPER SCHOOL
- Total calculated
- $148,710
- From this org
- $0
- From related orgs
- $110,935
- Other
- $37,775
- Hours/week
- 1 + 40 related
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 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- THE HEAD OF SCHOOL (TOP MANAGEMENT OFFICIAL) OF THE SCHOOL RECEIVES A SALARY THAT IS COMPARED WITH OTHER HEADS OF COMPARABLE PRIVATE SCHOOLS. IN ADDITION, A SALARY SURVEY FROM ISM (INDEPENDENT SCHOOL MANAGEMENT) AND/OR SIMILAR INDEPENDENT BENCHMARK DATA IS UTILIZED BY THE BOARD OF TRUSTEES IN DETERMINING THE HEAD OF SCHOOL'S COMPENSATION. THE HEAD OF SCHOOL REVIEWS ISM'S SALARY COMPARISONS AND/OR INDEPENDENT BENCHMARK DATA WHEN ESTABLISHING COMPENSATION FOR OTHER KEY EMPLOYEES OF THE SCHOOL.
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
-
$3,773,935
FACILITY ENHANCEMENT
-
$1,456,022
STUDENT TUITION ASSISTANCE
-
$299,848
ACADEMY ORGANIZATIONS
-
$93,133
TEACHER ENRICHMENT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SCHOOL · TX
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 June 2026
- IRS schema version
- 2024v5.5
- Source object
- 202641599349300734
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