Parents and Teachers at Trinity
Nonprofit profile at a glance
- EIN
- 562041144
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Raleigh, NC, USA
- Phone
- 9196081439
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $73,365
- Expenses
- $49,623
- Assets
- $60,886
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LAURA BRUBAKER (PRESIDENT)
- CASEY PARVIN (VICE PRESIDENT)
- LAUREN RITCHIE (VICE PRESIDENT)
People named in this filing
- LAURA BRUBAKER (PRESIDENT)
- CASEY PARVIN (VICE PRESIDENT)
- LAUREN RITCHIE (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our purpose is to organize volunteers to support, in cooperation with the headmaster/principal and the trinity academy board of directors, the ongoing operations at trinity academy in the areas of communication, facilities, fundraising and service to the teachers and students.
What it reported doing in 2024
Patt is a non-policy-making organization working to honor god through the nurturing of our school family.
Operating model
- Revenue model
- Other-operating. 70% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.3%; rating input score 64
- Program expense ratio: 95%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 32.4%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.23; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 31.4% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 30.1% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 48.4% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 64.3% of revenue deployed · 95% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $47K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.