Overview
What is Trimont Christian Academy?
Trimont Christian Academy is a nonprofit organization situated in Franklin, North Carolina. With a mission to provide a nurturing environment, it offers both a Christian education for children in grades K-8 and a daycare facility for young children. The academy, home to 74 dedicated employees, aims to instill moral values and academic growth in its students, ensuring a well-rounded development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Star rating.
Trimont Christian Academy has received a 50% rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization lacks an independent board, as none of the eight board members are independent. Additionally, several key financial statements are missing, which negatively impacts the overall transparency of the nonprofit.
Despite these challenges, Trimont Christian Academy demonstrates a strong program expense ratio of 98.65%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. The liabilities to assets ratio is also low at 2.39%, indicating that the organization's liabilities are well-managed concerning its assets. However, the absence of crucial policies and documentation raises red flags about governance practices.
Overall, while Trimont Christian Academy shows a commitment to its programs, the lack of independent oversight and financial transparency highlights areas that need improvement to enhance trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Trimont Christian Academy legitimate?
Trimont Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trimont Christian 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: $55,000
Professional Fundraising Fees: $24,860
Other Salaries and Wages: $681,184
For more financial information, click here
What is the mission statement of Trimont Christian Academy?
Trimont Christian Academy is committed to providing a comprehensive educational experience. This encompasses offering a Christian-based education for students from kindergarten through eighth grade. Additionally, the academy operates a day care facility to cater to the needs of younger children. The primary objective of Trimont Christian Academy is to instill strong moral and spiritual values in its students while ensuring they receive a well-rounded education.
What is the revenue of Trimont Christian Academy?
Trimont Christian Academy's revenue in 2023 was $948,448.
Who are the executives of Trimont Christian Academy and what are their salaries?
The average compensation at Trimont Christian Academy during 2023 was $13,633. There are 54 employees at Trimont Christian Academy.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Trimont Christian Academy?
Trimont Christian Academy's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Trimont Christian Academy
Trimont Christian Academy, a nonprofit institution, is dedicated to providing a comprehensive educational experience for students from kindergarten through eighth grade. Beyond its primary focus on academics, the academy also operates a daycare facility catering to young children. This mission is rooted in the provision of a Christian education, ensuring that students not only acquire knowledge and skills but also develop a strong spiritual foundation. The academy's commitment to this Christian education is evident in its daily operations and curriculum, aiming to nurture well-rounded individuals who embody Christian values.
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Impact
July, 2024
Trimont Christian Academy's impact lies in its mission to provide a Christian education for grades K-8 and offer a day care facility for young children in Franklin, NC. By offering a foundation rooted in Christian values and teachings, the academy helps shape the minds and hearts of the next generation. Through its commitment to education and nurturing care, Trimont Christian Academy plays a crucial role in the community by providing a safe and supportive environment for children to learn and grow.
This information is meant to be a general summary of Trimont Christian 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 2023.
- Investment Income: $16
- Program Service Revenue: $411,530
- Gross Receipts: $948,448
Assets and Liabilities:
- Total Assets: $1,194,413
- Total Liabilities: $14,310
- Net Assets: $1,180,103
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$411,530
Organization Details
Founding Year
1996
Principal Officer
Cody Watson
NTEE Category
Code: B20Z - Education
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