Trinity Foundation Inc in Dallas, Texas (TX)

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Trinity Foundation Inc
Employer Identification Number (EIN)237259773
Name of OrganizationTrinity Foundation Inc
Address5640 Columbia Ave, Dallas, TX 75214-4813
ActivitiesOther religious activities, Publishing activities
SubsectionReligious Organization
Ruling Date03/1973
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$20,283
Amount of Income$49,692
Form 990 Revenue Amount$49,692
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Human Service Organizations - Multipurpose


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20092010201120122013
Total revenue$45,396$49,692
Contributions, gifts, grants, and similar amounts received$38,499$38,204
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$610$4,288
Gross amount from sale of assets other than inventory$610$4,288
Less: cost or other basis and sales expenses$0$0
Net income/loss from gaming and fundraising events$0$0$0$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$6,287$7,200
Total expenses$75,179$73,700
Total net assets$-141,949$-165,957
Excess/Deficit for the year$-29,783$-24,008
Net assets or fund balances at beginning of year$-87,400$-141,949
Other changes in net assets or fund balances$-24,766$0
Net assets or fund balances at end of year$-141,949$-165,957
Balance Sheets
20092010201120122013
Total assets$164,686$118,709$111,302$13,572$20,283
Total liabilities$150,256$175,256$198,702$155,521$186,240
Net assets or fund balances$-141,949$-165,957
Other Information
20092010201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?YesYes
Total amount involved$155,522$186,240
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$153,585
Subtotal Support$406,424
Gifts, grants, contributions, and membership fees received$406,424
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$252,839
Total Support$431,359
Public Support$406,424
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$18,237
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$6,698
Gross receipts from related activities, etc.$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$6,768,024$5,704,192$5,252,465
Contributions, gifts, grants, and similar amounts received$271,350$326,570$236,752
Contributions to donor advised funds
Direct public support$271,350$326,570$236,752
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$6,366,240$5,255,048$4,992,335
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$124,423$110,466$8,514
Dividends and interest from securities$0$0$0
Net rental income or (loss)$9,798$15,733$17,516
Gross rents$9,798$15,733$17,516
Less: rental expenses$0$0$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0
Gross amount from sales of assets other than inventory$0$0$0
Less: cost or other basis and sales expenses$0$0$0
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$-3,787$-3,625$-2,652
Gross sales of inventory, less returns and allowances$1,914$1,614$2,214
Less: cost of goods sold$5,701$5,239$4,866
Other revenue$0$0$0
Total expenses$11,695,319$10,644,678$10,337,818
Program services$11,643,369$10,605,726$10,298,673
Management and general$51,950$38,952$39,145
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$-8,223,323$-13,163,809$-18,249,162
Excess or (deficit) for the year$-4,927,295$-4,940,486$-5,085,353
Net assets or fund balances at beginning of year$-3,296,028$-8,223,323$-13,163,809
Other changes in net assets or fund balances$0$0$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$10,337,818$10,298,673$39,145$0
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$24,578
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$18,019$15,147$2,872$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$45,853$38,546$7,307$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$5,060$4,254$806$0
Professional fundraising fees$0$0$0$0
Accounting fees$3,228$0$3,228$0
Legal fees$0$0$0$0
Supplies$6,388$5,370$1,018$0
Telephone$13,623$11,452$2,171$0
Postage and shipping$1,991$1,674$317$0
Occupancy$39,855$33,759$6,096$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$135,567$134,301$1,266$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$3,251,146$3,251,146$0$0
Depreciation, depletion, etc.$1,470,634$1,468,313$2,321$0
Other expenses not covered above$5,321,876$5,310,133$11,743$0
Balance Sheets
200020012002
Total assets$42,422,707$39,957,247$38,185,359
Cash - non-interest-bearing$83,106$105,253$65,109
Savings and temporary cash investments$1,969,376$815,323$574,475
Accounts receivable less allowance for doubtful accounts$25,950$27,806$2,275
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$240,000$240,000$240,000
Inventories for sale or use$9,139$9,574$10,369
Prepaid expenses and deferred charges$0$0$0
Investments - publicly-traded securities
Investments - other securities$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$0$0$0
Land, buildings, and equipment less accumulated depreciation$36,031,885$34,894,308$33,568,108
Other assets, including program-related investments$4,063,251$3,864,983$3,725,023
Total liabilities$50,646,030$53,121,056$56,434,521
Accounts payable and accrued expenses$3,399,329$6,094,670$9,482,853
Grants payable$0$0$0
Deferred revenue$179,134$74,426$74,426
Loans from officers, directors, trustees, and key employees$137,676$141,751$151,995
Tax-exempt bond liabilities$46,460,000$46,640,000$46,565,000
Mortgages and other notes payable$265,000$0$0
Other liabilities$204,891$170,209$160,247
Total liabilities and net assets/fund balances$42,422,707$39,957,247$38,185,359
Total net assets or fund balances$-8,223,323$-13,163,809$-18,249,162
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$0$5,704,192$5,252,465
Total revenue, gains, and other support per audited financial statements$0$5,704,192$5,252,465
Other expenses$0$0$0
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$0$0
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$0$10,644,678$10,337,818
Total expenses and losses per audited financial statements$0$10,644,678$10,337,818
Other revenue$0$0$0
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$0
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$5,862$17,516$4,992,335
Program service revenue
Program service revenue 1000000$000$0$4,670
Program service revenue 2000000$000$0$16,185
Program service revenue 3000000$000$0$51,354
Program service revenue 4000000$000$0$4,920,126
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments999999$8,51400$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$17,516$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventoryLimited-service eating places$-2,65200$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
199920002001
Total$606,681$384,733$437,036
Gifts, grants, and contributions received$284,303$260,310$326,570
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$322,378$124,423$110,466
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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