2024-04-17T13:16:05-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 221 W 6TH STREET STE 1900 AUSTIN TX 78701 990 2022-07-01 742918235 AUSTIN TRINITY SCHOOL AUST 5124729525 3901 BEE CAVE RD AUSTIN TX 78746 BRYAN DENNEY CFO 5124729525 2024-04-16 1 BRYAN DENNEY 999009999 1 KELLY LOGAN P00677048 5124796000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TRINITY EPISCOPAL SCHOOL BRYAN DENNEY 3901 BEE CAVE RD AUSTIN TX 78746 21539300 0 X WWW.AUSTINTRINITY.ORG X 1999 TX OUR INDEPENDENT SCHOOL PROVIDES AN ENRICHED ACADEMIC CURRICULUM IN A CHRISTIAN ENVIRONMENT. 18 18 300 350 0 0 4741935 3351911 16286925 17473986 345634 321042 246901 38356 21621395 21185295 1370943 1452199 0 0 12104268 12608899 0 0 1435867 5829993 5113488 19305204 19174586 2316191 2010709 50769451 58017743 14916574 19938305 35852877 38079438 X TRINITY EPISCOPAL SCHOOL (TRINITY) IS A NOT-FOR-PROFIT INDEPENDENT SCHOOL WHOSE MISSION IS TO PROVIDE AN ENRICHED ACADEMIC CURRICULUM IN A CHRISTIAN ENVIRONMENT. TRINITY IS NOT AFFILIATED WITH OR SPONSORED BY ANY PARISH. WE WILL NURTURE EACH CHILD ACADEMICALLY, PHYSICALLY, EMOTIONALLY AND SPIRITUALLY. WE WILL HONOR EACH CHILD'S SPIRIT FOR LEARNING AND LIFE, EVER MINDFUL THAT WE ARE ALL CHILDREN OF GOD. 0 0 15980537 1452199 17473986 TRINITY EPISCOPAL SCHOOL IS AN INDEPENDENT, PK-8, CO-ED, DAY SCHOOL IN SOUTHWEST AUSTIN, TEXAS. OUR INCREDIBLE FACULTY DELIVER A FORWARD-THINKING, EVIDENCE-BASED CURRICULUM IN A WELCOMING AND NURTURING ENVIRONMENT. APPROXIMATELY 600 STUDENTS WERE ENROLLED IN FISCAL YEAR 2022 - 2023. 15980537 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 115 0 1 300 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRYAN DENNEY 5124729525 3901 BEE CAVE RD AUSTIN TX 78746 SHELLY BAIN TRUSTEE 5.00 1.00 X 0 0 0 LEYLA ABOU-SAMRA TRUSTEE 5.00 0.00 X 0 0 0 MARWIN BROWN TRUSTEE 5.00 0.00 X 0 0 0 SANDRA BROWN TRUSTEE 5.00 0.00 X 0 0 0 KEFFRELYN D BROWN TRUSTEE 5.00 0.00 X 0 0 0 JAMIE DELL TRUSTEE 5.00 0.00 X 0 0 0 SUSAN ESPINOZA TRUSTEE 5.00 0.00 X 0 0 0 ANNE HARRINGTON TRUSTEE 5.00 0.00 X 0 0 0 CHRIS HESTER TRUSTEE 5.00 0.00 X 0 0 0 EMELIE GRAHAM TRUSTEE 5.00 0.00 X 0 0 0 KATHERINE JONES TRUSTEE 5.00 0.00 X 0 0 0 EVAN KASTNER TRUSTEE 5.00 0.00 X 0 0 0 JIM BOHART TRUSTEE 5.00 0.00 X 0 0 0 KELLY CUNNINGHAM TRUSTEE 5.00 0.00 X 0 0 0 DANIELLE SCARDINO TRUSTEE 5.00 0.00 X 0 0 0 KIN GILL TRUSTEE 5.00 0.00 X 0 0 0 DANIELLE HANSEN TRUSTEE 5.00 0.00 X 0 0 0 LISLE WHITWORTH CHAIR 5.00 0.00 X 0 0 0 JENNIFER MORGAN HEAD OF SCHOOL 40.00 0.00 X 347551 0 57343 BRYAN DENNEY CHIEF FINANCIAL OFFICER 40.00 0.00 X 308394 0 24128 KRISTI KATZ CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 219792 0 23406 SHANNA WEISS HEAD OF MIDDLE SCHOOL 40.00 0.00 X 138967 0 14401 MARTHA MONREAL DIRECTOR OF H/R & OPERATIO 40.00 0.00 X 119119 0 11628 SHANNA HINES HEAD OF LOWER SCHOOL 40.00 0.00 X 115493 0 15398 BRIAN SOSSAMON DIRECTOR OF TECHNOLOGY 40.00 0.00 X 109971 0 10517 POLLY WILLIAMS DIRECTOR OF ADMISSIONS 40.00 0.00 X 111667 0 10848 1470954 0 167669 11 0 1 0 FLYNN CONSTRUCTION 4638 S LAMAR BLVD AUSTIN TX 78745 CONSTRUCTION 6378254 FLIK INDEPENDENT SCHOOL DINING 2 INTERNATIONAL DRIVE RYE BROOK NY 10573 FOOD SERVICES 698382 GRAND CLASSROOM 1455 RIO RD E 1 CHARLOTTESVILLE VA 22901 STUDENT TRAVEL COORDINATION 277332 PAGE SOUTHERLAND PAGE 400 W CESAR CHAVEZ STREET STE 500 AUSTIN TX 78701 ARCHITECTS 262902 GLOBAL CLEANING SERVICES 2211 DENTON DR AUSTIN TX 78758 CLEANING 121428 5 396615 2955296 81168 3351911 TUITION AND FEES 611600 17473986 17473986 17473986 321291 321291 42327 0 42327 42327 42327 233760 234009 -249 -249 -249 116025 396615 119996 -3971 -3971 21185295 17473986 0 359398 11300 11300 1440899 1440899 980613 815198 98739 66676 9587513 7950492 981871 655150 693025 588043 59825 45157 621602 527440 53659 40503 726146 615926 64038 46182 8235 3079 4890 266 35235 35235 21942 21942 60439 43969 12671 3799 652579 388908 193454 70217 953912 858522 28617 66773 384276 384276 182309 163983 5571 12755 1121022 1008920 33631 78471 110986 99887 3330 7769 FOOD SERVICES 849250 657781 108565 82904 CLASS EXPENSES 263024 263024 BAD DEBT EXPENSE 197419 3313 194106 PROFESSIONAL DEVELOPMEN 174507 132617 23099 18791 98353 26273 25732 46348 19174586 15980537 1758182 1435867 3050032 448573 7076801 9051311 2911639 2268128 992501 786023 64332 117657 54816135 15024158 31588996 39791977 4309988 4732456 680000 600000 95162 221618 50769451 58017743 111058 98471 5881594 6134345 8602290 12798042 321632 907447 14916574 19938305 X 27483833 29839768 8369044 8239670 35852877 38079438 50769451 58017743 2010709 215852 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4309988 51000 374268 2800 4732456 4913609 35450 -637071 2000 4309988 3987604 16216 911789 2000 4913609 4131942 107662 252000 3987604 3203225 697362 231355 4131942 0.00000 0.11744 0.88256 0 0 11273861 11273861 23108542 7709819 15398723 4137055 2738758 1398297 5120798 4348062 772736 11175879 227519 10948360 39791977 OBLIGATIONS UNDER CAPITAL LEASE 683875 DUE TO PARENT COUNCIL 67645 OPERATING LEASE LIABILITIES 155927 907447 X 20080244 215852 -1440899 -1225047 21305291 -119996 -119996 21185295 17853683 119996 119996 17733687 1440899 1440899 19174586 PART X, LINE 2: THE SCHOOL REGULARLY ASSESSES UNCERTAIN TAX POSITIONS IN EACH OF THE TAX JURISDICTIONS IN WHICH IT HAS OPERATIONS AND ACCOUNTS FOR THE RELATED CONSOLIDATED FINANCIAL STATEMENT IMPLICATIONS. UNRECOGNIZED TAX BENEFITS ARE REPORTED USING THE TWO-STEP APPROACH UNDER WHICH TAX EFFECTS OF A POSITION ARE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT TO BE SUSTAINED AND THE AMOUNT OF THE TAX BENEFIT RECOGNIZED IS EQUAL TO THE LARGEST TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT OF THE TAX POSITION. DETERMINING THE APPROPRIATE LEVEL OF UNRECOGNIZED TAX BENEFITS REQUIRES THE SCHOOL TO EXERCISE JUDGMENT REGARDING THE UNCERTAIN APPLICATION OF TAX LAW. THE AMOUNT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN INFORMATION BECOMES AVAILABLE OR WHEN AN EVENT OCCURS INDICATING A CHANGE IS APPROPRIATE. FUTURE CHANGES IN UNRECOGNIZED TAX BENEFITS REQUIREMENTS COULD HAVE A MATERIAL IMPACT ON THE RESULTS OF OPERATIONS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCHOOL AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISCOUNTS AND FINANCIAL AID NETTED AGAINST TUITION -1,440,899. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -119,996. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 119,996. PART XII, LINE 4B - OTHER ADJUSTMENTS: DISCOUNTS AND FINANCIAL AID NETTED AGAINST TUITION 1,440,899. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ON WEBSITE AND PRINTED COLLATERAL PROMISE PALOOZA 512640 396615 116025 10474 56170 21911 31441 512640 396615 116025 10474 56170 21911 31441 119996 -3971 1 EL BUEN SAMARITANO 7000 WOODHUE DR AUSTIN TX 78745 742488682 501(C)3 6900 0 TO SUPPORT EDUCATION SERVICES 1 0 TUITION ASSISTANCE 93 0 1440899 BOOK TUITION REDUCTION PART I, LINE 2: NO MONITORING IS CONSIDERED NECESSARY. SCHEDULE I, PART III CRITERIA FOR PROVIDING ASSISTANCE TO INDIVIDUALS: ALL FINANCIAL AID APPLICANTS MUST COMPLETE AN ONLINE APPLICATION THROUGH A THIRD PARTY VENDOR (CLARITY). THIS APPLICATION INCLUDES A FULL FINANCIAL DISCLOSURE STATEMENT AS WELL AS TWO YEARS WORTH OF FILED TAX RETURNS. THE THIRD PARTY VENDOR ASSESSES AND RECOMMENDS FINANCIAL NEED. THAT INFORMATION IS THEN REVIEWED BY TRINITY'S INTERNAL FINANCIAL AID COMMITTEE, WHICH IS MADE UP OF THE ORGANIZATION'S CONTROLLER, DIRECTOR OF ADMISSIONS, CFO, AND HEAD OF SCHOOL. IT IS THE JOB OF THE FINANCIAL AID COMMITTEE TO REVIEW AND VERIFY THE CLARITY REPORTS/RECOMMENDATIONS, REVIEW THE PERSONAL FAMILY STATEMENT (SUBMITTED WITH THE FINANCIAL AID APPLICATION), ASSESS THE FAMILY'S FIT IN THE TRINITY COMMUNITY (TAKING INTO ACCOUNT DIVERSITY COMMITMENTS, STUDENT TESTING AND ASSESSMENTS, CURRENT STUDENT VACANCIES, ETC.). ONCE THIS DATA IS REVIEWED, THE COMMITTEE DETERMINES ANY AWARDS GRANTED TO THE FAMILY AND THEN THE DIRECTOR OF ADMISSIONS COMMUNICATES THAT INFORMATION TO THOSE FAMILIES. FINANCIAL AID AWARDS ARE ADMINISTERED BY THE SCHOOL AND ARE USED TO OFFSET CHARGES TO STUDENT ACCOUNTS. NO EXCHANGE OF FUNDS EVER TAKES PLACE. THE AWARD IS SIMPLY A CREDIT TOWARDS THE TUITION BALANCE, SO NO MONITORING OF THE FUNDS IS NEEDED ONCE AWARDED. X X X X 0 0 0 0 0 0 0 0 0 JENNIFER MORGAN HEAD OF SCHOOL 343980 0 1756 0 1815 0 55037 0 2306 0 404894 0 0 0 BRYAN DENNEY CHIEF FINANCIAL OFFICER 295000 0 11756 0 1638 0 17700 0 6428 0 332522 0 0 0 KRISTI KATZ CHIEF DEVELOPMENT OFFICER 212200 0 5754 0 1838 0 19098 0 4308 0 243198 0 0 0 SHANNA WEISS HEAD OF MIDDLE SCHOOL 127500 0 9771 0 1696 0 11475 0 2926 0 153368 0 0 0 PART I, LINE 3 BOARD OF TRUSTEES DETERMINES HEAD OF SCHOOL'S SALARY. COMPENSATION COMMITTEE APPROVES BUDGETS (WHICH INCLUDES SALARIES). ALL EMPLOYEES (INCLUDING THE HEAD OF SCHOOL AND CFO) RECEIVE ANNUAL EMPLOYMENT CONTRACTS. THE HEAD OF SCHOOL, THE CFO AND THE DIVISION HEADS USE ISAS (INDEPENDENT SCHOOL ASSOCIATION OF THE SOUTHWEST) SALARY SURVEY DATA AS IT'S BENCHMARKING TOOL WHEN DETERMINING ANNUAL SALARIES FOR OUR FACULTY & STAFF. X 10 81168 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THIS FORM HAS BEEN REVIEWED BY THE CONTROLLER, CHIEF FINANCIAL OFFICER, BOARD PRESIDENT AND BOARD TREASURER. FORM 990, PART VI, SECTION B, LINE 12C THROUGH MONTHLY BOARD OF TRUSTEE MEETINGS AND THROUGH THE ANNUAL AUDIT PROCESS, WE FEEL THAT WE CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. ANY TRANSACTIONS AND/OR RELATIONSHIPS THAT COULD CREATE SUCH A CONFLICT ARE REPORTED AS PART OF OUR AUDIT. FORM 990, PART VI, SECTION B, LINE 15 FOR THE HEAD OF SCHOOL AN INDEPENDENT COMPENSATION COMMITTEE EXISTS WHO IS TASKED WITH BENCHMARKING THE HEAD OF SCHOOL'S COMPENSATION EACH YEAR AND NEGOTIATING THE HEAD'S COMPENSATION PACKAGE. BENCHMARKING DATA IS GATHERED ANNUALLY FROM THE INDEPENDENT SCHOOL ASSOCIATIONS (NAIS, ISAS). THE SCHOOL PERFORMS THIS SAME BENCHMARKING ANALYSIS ANNUALLY FOR EACH EMPLOYEE WITH STATISTICS GATHERED FROM NAIS AND ISAS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. F0 PROPERTIES LLC 3901 BEE CAVES RD AUSTIN TX 78746 PROPERTY OWNERSHIP TX 240000 4016245 AUSTIN TRINITY SCHOOL