Trinity Hall
Nonprofit profile at a glance
- EIN
- 454641636
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Tinton Falls, NJ, USA
- Phone
- 7322911297
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $13,791,409
- Expenses
- $10,686,618
- Assets
- $32,082,494
- Liabilities
- $12,509,213
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Highest reported compensation
- Theresa Kiernan (HEAD OF SCHOOL): $273,814 total reported compensation
- Mary Kate Blaine (Former Head of School): $135,034 total reported compensation
- Jennifer Havens (Dean of Academics): $123,524 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Trinity Hall is an independent, all-girls school that educates and empowers young women in the Catholic tradition through an innovative college preparatory program grounded in our four core values of leadership, respect, perseverance, and faith. Trinity Hall prepares each student to achieve her full potential as she embraces her place in the world.
What it reported doing in 2024
Expenses incurred in promoting a rigorous college-preparatory academic program for young women as well as a superior character education program. All major academic courses were taught at the honors level with the opportunity for advanced placement courses beginning in tenth grade. Please refer to part iii, line 1 for the organization's mission.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.9%; rating input score 52
- Program expense ratio: 68.9%; rating input score 69
- Fundraising efficiency: $9.47 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 22.5%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 3; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 7.1%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 12.2% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 11.9% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 14.8% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 51.9% of revenue deployed · 68.9% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $7.4M in reported program spending
- Leadership: top reported pay $274K · 20 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $4.4M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 52/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.