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Trinity College Of Florida Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596155069 ✦ Trinity, FL ✦ Designated as a 501(c)(3)

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Overview

What is Trinity College Of Florida Inc?

Trinity College of Florida Inc, established in 1932, is a private, four-year institution located in Trinity, Florida. With a strong community spirit extending beyond the classroom, the college offers academic degree programs in twelve majors. Accredited by the Commission on Accreditation of the Association for Biblical Higher Education, it equips students with valuable classroom training, community service, and internship opportunities. The institution is committed to providing a biblically-centered education, fostering servant leaders for various life and career paths. In 2013, a significant donation launched the Life Change Scholarship Program, offering financial aid to students, awarding 276 scholarships totaling over $900,000 to date. With a workforce of 106 individuals, the college continues to play a pivotal role in shaping the lives of its students.


Official website here: www.trinitycollege.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Star rating)

Trinity College of Florida Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score of 90%, the organization demonstrates effective governance, including a fully independent board and robust financial oversight mechanisms, which contribute to its operational integrity.

The organization excels in several key areas, such as maintaining a conflict of interest policy and a whistleblower policy, both of which are crucial for transparency and ethical conduct. Their financial practices are solid, as indicated by their low liabilities to assets ratio of 45.55% and a program expense ratio of 65.17%, suggesting that a significant portion of their funding is dedicated to their programs.

However, while the organization scores highly in accountability, there is a slight concern regarding its program expense ratio, which indicates room for improvement in the allocation of resources towards programmatic activities. Overall, Trinity College of Florida Inc is a well-managed nonprofit with strong governance practices, but they may need to enhance their program spending to further increase their impact.


This AI summary has been generated from information found on Charity Navigator.

Is Trinity College Of Florida Inc legitimate?

Trinity College Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity College Of Florida Inc 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: $416,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,284,797

For more financial information, click here


Official website here: www.trinitycollege.edu

What is the mission statement of Trinity College Of Florida Inc?

Trinity College of Florida, established in 1932, is a private, four-year institution that offers higher education in three academic disciplines. Its mission is to provide a biblically-centered education, aiming to equip servant leaders for both personal and professional opportunities. The college fosters a strong community beyond the classroom, where lifelong friendships are formed and a foundation on God's word is laid. Education at Trinity involves not only classroom training but also community service and internships. The institution is accredited by the Commission on Accreditation of the Association for Biblical Higher Education (ABHE), recognized by the Council on Higher Education Accreditation (CHEA) and the U.S. Department of Education. In 2013, a donor initiated the Life Change Scholarship Program, which has since assisted 276 students with over $900,000 in educational funding.


Official website here: www.trinitycollege.edu

Who is the CEO of Trinity College Of Florida Inc?

Mark O'Farrell is the Chairman of Trinity College Of Florida Inc.


Official website here: www.trinitycollege.edu

What is the revenue of Trinity College Of Florida Inc?

Trinity College Of Florida Inc's revenue in 2022 was $3,601,183.


Official website here: www.trinitycollege.edu

Who are the executives of Trinity College Of Florida Inc and what are their salaries?

The average compensation at Trinity College Of Florida Inc during 2022 was $16,050. There are 106 employees and 12 volunteers at Trinity College Of Florida Inc.


Here are 19 key members and their salaries:


Rev Edward W Brandt Iii (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Chapman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher S Bahr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew W Baxter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saralyn Duarte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Frederick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James D Glenn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jeffery L Singletary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James R Stock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Thomas E Wade (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Lester M Harris (Trustee (Thru 10/15/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
J Bradford Hines (Secretary/Treasurer (Thru 3/3/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark T O'Farrell (President)
  • Compensation: $85,167
  • Related: $0
  • Other: $9,101
Dr Eric Bargerhuff (Vp For Academic Affairs)
  • Compensation: $87,626
  • Related: $0
  • Other: $10,320
Albert Depoutot (Vp For Student Development)
  • Compensation: $51,395
  • Related: $0
  • Other: $9,605
Anthony Abell (Vp Enrollment)
  • Compensation: $73,120
  • Related: $0
  • Other: $10,226
Charles Martin (Vp For Advancement)
  • Compensation: $25,150
  • Related: $0
  • Other: $0
Richard Henricksen (Financial Officer (1/1/21-9/1/21))
  • Compensation: $9,425
  • Related: $0
  • Other: $0
Christian Frost (Senior Accountant (Started 3/8/21))
  • Compensation: $34,094
  • Related: $0
  • Other: $6,700


Official website here: www.trinitycollege.edu

Where can I find the form 990 for Trinity College Of Florida Inc?

Trinity College Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.trinitycollege.edu

Learn more at the official website: www.trinitycollege.edu

Mission Statement of Trinity College Of Florida Inc

Trinity College of Florida, established in 1932, is a private, four-year institution that offers higher education in three academic disciplines. The core mission of this college is to provide a biblically-centered education, fostering servant leaders who are well-equipped for both personal growth and professional opportunities. The educational approach at Trinity College of Florida involves a combination of classroom learning, community service, and internships, creating an environment where strong relationships are formed and a foundation on God's word is laid. The college's commitment to its students extends beyond the classroom, as evidenced by its Life Change Scholarship Program, which was initiated in 2013 with a significant donation and has since assisted over 276 students with financial aid, totaling over $900,000. This scholarship program is a testament to Trinity College of Florida's dedication to making higher education more accessible to its students.

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Impact




July, 2024

Trinity College of Florida Inc's impact is evident in its commitment to providing a biblically-centered education and equipping servant leaders for life and career opportunities. By offering academic degree programs in twelve majors, the college has helped students build a strong foundation on God's word while fostering a sense of community that extends beyond the classroom. Through initiatives like the Life Change Scholarship Program, Trinity College has made education more accessible for students, with over $900,000 awarded to 276 recipients since its inception. This commitment to education and community service showcases Trinity College of Florida Inc's positive impact on students and society as a whole.




This information is meant to be a general summary of Trinity College Of Florida Inc. 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.

Revenue
$3,601,183 (2022)
Expenses
$4,505,640 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,512
  • Program Service Revenue: $2,287,178
  • Gross Receipts: $3,613,611

Assets and Liabilities:

  • Total Assets: $8,799,813
  • Total Liabilities: $3,534,025
  • Net Assets: $5,265,788

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$1,881,941

AUXILIARY INCOME

Revenue

$405,237

Organization Details

Founding Year

1932

Principal Officer

Mark O'Farrell

Main Address

2430 WELBILT BLVD, TRINITY, FL, 34655

NTEE Category

Code: B42Z - Education

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