Overview
What is Trinity Preparatory Academy?
Trinity Preparatory Academy is a nonprofit organization located in Keller, Texas. It operates a school that offers part-time academic classes for students from kindergarten through 12th grade, promoting home-based learning within a Christian perspective. The academy has two programs: an elementary school for students in Kindergarten to 5th grade, and an upper school for students in 6th to 12th grade. The upper school curriculum focuses on core subjects such as math, science, language arts, and history/social studies, while also providing additional courses in art and physical education for elementary school students. The upper school classes adhere to national standards and are college preparatory. The academy is staffed by 51 employees.
Official website here: www.trinityprepkeller.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Trinity Preparatory Academy received a zero-star rating from Charity Navigator, indicating significant concerns regarding its overall financial accountability and transparency. The organization achieved a total score of 48%, which suggests that it may not be effectively utilizing its resources to further its mission. Notably, while it scored well on having an independent board and maintaining no material diversion of assets, other critical areas such as conflict of interest policies and financial oversight were lacking.
The independent board members are fully accounted for, and they have a well-structured audit and oversight committee. However, the absence of essential policies such as conflict of interest and document retention raises serious red flags about governance practices. Additionally, the organization's high liabilities to assets ratio of 80.73% suggests financial instability, which is a major concern for potential donors and stakeholders.
On the operational front, the program expense ratio of only 47.01% highlights that less than half of its expenditures are directed towards its programs, which further contributes to the lack of confidence in its financial management. The absence of required financial documents on its website also indicates a failure to maintain transparency, making it difficult for stakeholders to assess its financial health fully. Overall, while there are some strengths in governance, the organization faces significant challenges that need to be addressed.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Preparatory Academy legitimate?
Trinity Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Preparatory Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $724,860
For more financial information, click here
Official website here: www.trinityprepkeller.org
What is the mission statement of Trinity Preparatory Academy?
Trinity Preparatory Academy operates a part-time school for students from kindergarten to 12th grade, supporting home-based learning within a Christian worldview. The academy has two programs: an elementary school for kindergarten to 5th grade students and an upper school for 6th to 12th grade students. The upper school provides courses in math, science, language arts, and history/social studies, meeting national standards and being college preparatory. Additionally, it offers art and physical education for elementary school students. The academy's mission is to operate a school that offers academic classes, supporting home-based learning and providing a Christian perspective.
Official website here: www.trinityprepkeller.org
Who is the CEO of Trinity Preparatory Academy?
Claire Bancroft is the Chairman of Trinity Preparatory Academy.
Official website here: www.trinityprepkeller.org
What is the revenue of Trinity Preparatory Academy?
Trinity Preparatory Academy's revenue in 2022 was $1,884,211.
Official website here: www.trinityprepkeller.org
Who are the executives of Trinity Preparatory Academy and what are their salaries?
The average compensation at Trinity Preparatory Academy during 2022 was $14,213. There are 51 employees and 5 volunteers at Trinity Preparatory Academy.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.trinityprepkeller.org
Where can I find the form 990 for Trinity Preparatory Academy?
Trinity Preparatory Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trinityprepkeller.org
Learn more at the official website: www.trinityprepkeller.org
Mission Statement of Trinity Preparatory Academy
Trinity Preparatory Academy, a corporation, is committed to operating a school that caters to students from kindergarten to 12th grade on a part-time basis. This educational institution is established to support home-based learning and operates within a Christian worldview. The academy has two distinct programs: an Elementary School for students in kindergarten through 5th grade and an Upper School for those in 6th through 12th grade.
The Elementary School program provides a nurturing environment for young learners, offering courses in essential subjects such as math, science, language arts, and history/social studies. Additionally, students in this age group benefit from extra-curricular courses like art and physical education. On the other hand, the Upper School program is designed to prepare students for higher education, offering advanced courses in math, science, language arts, and history/social studies that meet national standards. These courses are college preparatory in nature.
In essence, Trinity Preparatory Academy's mission is to provide a comprehensive educational experience that supports home-based learning and is grounded in Christian values. The academy aims to nurture students in their formative years and equip them with the necessary skills to excel in their future academic pursuits.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Trinity Preparatory Academy has a significant impact on students by providing academic classes from kindergarten through 12th grade on a part-time basis within a Christian worldview. The school's rigorous college preparatory curriculum in math, science, language arts, and history/social studies ensures that students meet national standards and are well-equipped for higher education. Additionally, by supporting home-centered learning, Trinity Preparatory Academy offers a unique educational approach that caters to individual student needs and fosters a strong sense of community among its students and families.
This information is meant to be a general summary of Trinity Preparatory Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $80,019
- Program Service Revenue: $1,408,879
- Gross Receipts: $2,120,802
Assets and Liabilities:
- Total Assets: $5,564,645
- Total Liabilities: $4,460,550
- Net Assets: $1,104,095
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,389,207
MISC PROGRAM INCOME
Revenue
$19,672
Organization Details
Phone
(817) 683-1453Principal Officer
Claire Bancroft
Main Address
12650 N BEACH STE 114 PMB 302, KELLER, TX, 76244
Website
www.trinityprepkeller.orgNTEE Category
Code: B99 - Education
If you are a representative of Trinity Preparatory Academy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.