2016-05-09T09:23:09-05:00 2015-06-30 743001153 PMB Helin Donovan LLP 5918 W Courtyard Drive Suite 500 Austin TX 78730 990 2014-07-01 742918235 Austin Trinity School AUST 5124729525 3901 Bee Cave Rd Austin TX 78746 Bryan Denney CFO 5124729525 2016-03-15 1 Wallace F Helin P00361097 5122589670 2014 2016-08-17 19:52:53Z Trinity Episcopal School Bryan Denney 3901 Bee Cave Rd Austin TX 78746 11501706 0 X www.austintrinity.org X 1999 TX Our independent school provides an enriched academic curriculum in a Christian environment. 21 21 208 400 -19900 -27467 1138969 1222850 8439604 9317470 53713 121296 385926 324849 10018212 10986465 880000 972634 0 0 7013411 7351043 0 0 715196 4504091 3549097 12397502 11872774 -2379290 -886309 33658786 36886664 8508080 11696698 25150706 25189966 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. Trinity is operating exclusively for charitable and educational purposes as described under IRS Section 501(c)(3). 0 0 9170997 9317470 The eductional program provides academic, physical and spiritual education to attending students. 972634 972634 All other programs 10143631 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 208 1 1 1 0 0 0 0 0 0 0 X 21 21 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 Marie Kidd Head of School - Full time 40.00 X X 134566 0 0 Victor Alcorta III Trustee 5.00 X 0 0 0 Russell Barnett Trustee 5.00 X 0 0 0 Kyndel Bennett Chair Trustee 5.00 X 0 0 0 Fayruz Benyousef Trustee 5.00 X 0 0 0 Gavin Gray Trustee 5.00 X 0 0 0 Vicky Gregg Trustee 5.00 X 0 0 0 David Lee Trustee 5.00 X 0 0 0 Clayton Maebius Trustee 5.00 X 0 0 0 Federico Martinez Trustee 5.00 X 0 0 0 Jeff McDowell Trustee 5.00 X 0 0 0 Mike McKetta Trustee 5.00 X 0 0 0 Milam Newby Trustee 5.00 X 0 0 0 Darlene Owens Trustee 5.00 X 0 0 0 Erin Peloquin Trustee 5.00 X 0 0 0 Mike Wycoff Trustee 5.00 X 0 0 0 Dan Ahearn Trustee 5.00 X 0 0 0 Alan Fenton Trustee 5.00 X 0 0 0 Robyn Malloy Trustee 5.00 X 0 0 0 David Middleton Trustee 5.00 X 0 0 0 Ron Olfers Trustee 5.00 X 0 0 0 Bryan Denney CFO 40.00 X 189851 0 0 Melody Harman Director of Advancement 40.00 X 121134 0 0 Patricia Adams Former Head of School 40.00 X 129425 0 0 574976 0 0 4 1 1 0 0 1222850 125219 1222850 TUITION AND FEES, net 611600 9317470 9317470 9317470 65796 65796 131690 151590 -19900 -19900 -19900 307765 252265 55500 55500 55500 456135 111386 344749 344749 10986465 9317470 -19900 466045 972634 972634 6031048 5175025 576101 279922 878498 748084 85812 44602 441497 373997 41744 25756 94060 9495 61554 23011 181043 136691 35655 8697 274165 274165 232738 209464 6982 16292 1199534 1079581 35986 83967 82184 73965 2466 5753 Utilities 341903 307713 10257 23933 Repairs and maintenance 324091 291142 10305 22644 Class expenses 161613 161613 Professional Developmen 159851 126998 22398 10455 497915 203064 124687 170164 11872774 10143631 1013947 715196 3224931 3823506 3039623 1796617 671234 1081536 169828 108971 32318472 8410721 24429677 23907751 1741385 1802183 382108 382108 0 3983992 33658786 36886664 309551 334964 3199993 3411518 4786914 7717243 211622 232973 8508080 11696698 X 23384020 23137870 1310927 1596337 455759 455759 25150706 25189966 33658786 36886664 X -886309 -47065 972634 X 0 1 X 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 455759 455759 455759 455759 455759 455759 455759 455759 455759 455759 1.00000 0 0 4905593 4905593 23267761 3215871 20051890 4145118 5194850 -1049732 23907751 Real estate investment 3983992 3983992 Obligations under capital lease 232973 232973 X 11090990 -47065 -47065 11138055 -151590 -151590 10986465 11051730 0 11051730 821044 821044 11872774 Part X, Line 2: The School is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Unrelated business income, of which the School had no significant amounts for the years ended June 30, 2015 and 2014, is subject to federal income taxes. Accordingly, there is no provision or liability for federal income taxes in the accompanying financial statements. The School regularly assesses uncertain tax positions in each of the tax jurisdictions in which it has operations and accounts for the related 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 fifty percent likely of being realized upon ultimate settlement of the tax position. Determining the appropriate level of unrecognized tax benefits requires the School to exercise judgement regarding 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. The School is generally no longer subject to tax examinations relating to U.S. federal tax returns for years prior to fiscal year ended June 30, 2012. Part XI, Line 4b - Other Adjustments: Rental Expense -151,590. Part XII, Line 4b - Other Adjustments: Discounts and financial aid netted against tuition 972,634. Rental expenses -151,590. 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 A Night to Shine Gala 456135 456135 111386 456135 456135 111386 111386 344749 1 Tuition Assistance 67 666773 Schedule I, Part III Criteria for providing assistance to individuals: All financial aid applicants must complete an online application through a third party vendor (SSS, which is a branch of National Independent School Association). 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 (Martha Monreal-Director of H/R & Operations, Vicki Ainsworth-Director of Admissions, Bryan Denney-CFO, and Marie Kidd-Head of School). It is the job of the financial aid committee to review and verify the SSS 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. 0 0 0 0 0 0 0 0 0 Bryan Denney CFO 189851 0 0 0 0 0 0 0 0 0 189851 0 0 0 Patricia Adams Former Head of School 129425 0 0 0 0 0 0 0 0 0 129425 0 0 0 X 9 117499 FMV X Grand piano 1 6970 FMV X Other 5 750 FMV 0 0 0 Form 990, Part VI, Section B, line 11 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. Form 990, Part XI, line 9: Discounts and financial aid netted against tuition 972,634.