2024-04-14T14:31:03-05:00 2023-06-30 561965804 THOMAS JUDY & TUCKER PA 300 WEST MORGAN STREET SUITE 1450 DURHAM NC 27701 990 2022-07-01 561926923 TRINITY SCHOOL OF DURHAM & CHAPEL HILL AND CHAPEL HILL INC TRIN 9194028262 4011 PICKETT ROAD DURHAM NC 277055335 DR PETER T DENTON JR HEAD OF SCHOOL 9194028262 2024-04-14 1 DR PETER T DENTON JR 999009999 0 KRISTEN HOYLE CPA P00118964 9195717055 2024-04-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR PETER T DENTON JR 4011 PICKETT ROAD DURHAM NC 277055335 13497249 0 X WWW.TRINITYSCHOOLNC.ORG X 1996 NC TO EDUCATE STUDENTS IN GRADES TK-12TH GRADE WITHIN THE FRAMEWORK OF CHRISTIAN FAITH AND CONVICTION. 14 12 211 200 0 0 874401 590425 10673157 12512419 73315 162551 50375 52225 11671248 13317620 1659085 2277463 0 0 7196213 8276501 0 0 410376 3309311 3760210 12164609 14314174 -493361 -996554 25992437 25952391 11618115 12254543 14374322 13697848 TO EDUCATE STUDENTS IN TRANSITIONAL KINDERGARTEN TO GRADE TWELVE WITHIN THE FRAMEWORK OF CHRISTIAN FAITH AND CONVICTION--TEACHING THE CLASSICAL TOOLS OF LEARNING; PROVIDING A RICH YET UNHURRIED EDUCATION; AND COMMUNICATING TRUTH, GOODNESS, AND BEAUTY. 0 0 10778207 2277463 12564644 TRINITY SCHOOL OF DURHAM AND CHAPEL HILL SERVES APPROXIMATELY 600 STUDENTS IN TRANSITIONAL KINDERGARTEN TO GRADE TWELVE, WITHIN THE FRAMEWORK OF CHRISTIAN FAITH AND CONVICTIONTEACHING THE CLASSICAL TOOLS OF LEARNING; PROVIDING A RICH YET UNHURRIED EDUCATION; AND COMMUNICATING TRUTH, GOODNESS, AND BEAUTY. 10778207 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 211 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MICHAEL ERVIN 9194028262 4011 PICKETT ROAD DURHAM NC 277055335 PETER T DENTON JR HEAD OF SCHOOL 40.00 X X 232441 0 19503 MARSHA EBERT SECRETARY 2.00 X X 0 0 0 JOHN R M HAND BOARD MEMBER 2.00 X 0 0 0 JEFF LLOYD CHAIR 2.00 X X 0 0 0 JASON DESHAYES TREASURER 2.00 X X 0 0 0 HARMONY GARGES BOARD VICE CHAIR 2.00 X X 0 0 0 SANDY KENNEDY BOARD MEMBER 1.00 X 0 0 0 RUTHIE D LYLE BOARD MEMBER 1.00 X 0 0 0 PAUL ROBBINS BOARD MEMBER 1.00 X 0 0 0 LELAND LITTLE BOARD MEMBER 1.00 X 0 0 0 JIM LAMONT BOARD MEMBER 1.00 X 0 0 0 JAY THOMAS BOARD MEMBER 1.00 X 0 0 0 DIDI WONG BOARD MEMBER 1.00 X 0 0 0 AARON MCKETHAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL ERVIN DIRECTOR OF FINANCE AND FACILITIES 40.00 X 86126 0 12770 JEZREEL MCINTOSH ASSOCIATE HEAD OF SCHOOL 40.00 X 127131 0 23558 445698 0 55831 2 0 1 0 0 590425 78101 590425 TUITION 900099 12308245 12308245 FEES 900099 204174 204174 12512419 111131 111131 29700 0 29700 29700 29700 208159 22890 179629 0 28530 22890 51420 51420 OTHER INCOME 900099 22525 22525 22525 13317620 12564644 0 162551 2277463 2277463 421586 267057 135561 18968 6480693 4105242 2083869 291582 134514 85209 43253 6052 752344 476578 241916 33850 487364 308724 156712 21928 1424 1263 161 37308 33094 4214 9405 9405 2794 2478 316 132326 88739 11297 32290 119406 46822 72584 429897 381349 48548 1004865 891386 113479 211152 187307 23845 899365 797800 101565 74704 66268 8436 EDUCATIONAL SERVICES 270253 270253 ATHLETICS 173372 173372 PERSONNEL ADMINISTRATIO 126825 80338 40781 5706 MISCELLANEOUS 72186 65528 6658 194928 171937 22991 14314174 10778207 3125591 410376 1280567 1141434 6039308 3120823 50791 275851 130620 290621 145286 24928609 8661856 16318891 16266753 1329556 4560152 406852 587323 25992437 25952391 522332 546107 4645861 5503680 6449922 6204756 11618115 12254543 X 11997076 11913061 2377246 1784787 14374322 13697848 25992437 25952391 X -996554 139610 180470 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1522053 105958 203910 97500 1734421 1646662 174611 -229220 70000 1522053 1254108 47653 414901 70000 1646662 1355318 29500 -93210 37500 1254108 1486400 19500 -5582 145000 1355318 1.00000 0 0 595346 595346 19999005 5888501 14110504 1292033 773896 518137 2004253 1168557 835696 1037972 830902 207070 16266753 X 11350832 139610 180470 320080 11030752 9405 2277463 2286868 13317620 12027306 0 12027306 9405 2277463 2286868 14314174 PART V, LINE 4: ADVANCE THE MISSION OF TRINITY SCHOOL BY SUPPLEMENTING NEED-BASED FINANCIAL AID. PART X, LINE 2: THE SCHOOL ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS PROVISION, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION HAD NO IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX YEARS IN PROGRESS. AT JUNE 30, 2023 AND 2022, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: HOLDING GAIN ON INTEREST RATE SWAP 180,470. LOSS ON DISPOSAL PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND FINANCIAL AID 2,277,463. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AND FINANCIAL AID 2,277,463. 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 TRINITY SCHOOL PUBLICIZES ITS RACIAL NONDISCRIMINATORY POLICY THROUGH ITS WEBSITE. 1 STUDENT FINANCIAL AID 159 2277463 FMV SCHOLARSHIPS AND DISCOUNTED TUITION PART I, LINE 2: THE SCHOOL DETERMINES A FAMILY'S ABILITY TO PAY TUITION WITH THE HELP OF AN INDEPENDENT THIRD PARTY, TUITION AID DATA SERVICES (TADS). THE RESULTS OF THE TADS FORMULA ARE CONSIDERED TO DETERMINE WHETHER AID IS TO BE GRANTED AND HOW MUCH AID TO GRANT. FINANCIAL AID NEED IS CALCULATED BY TADS WITHOUT REGARD TO RACE, GENDER, ABILITY, ETHNICITY OR RELIGION. 1 X X X X 0 0 0 0 0 0 0 0 0 PETER T DENTON JR HEAD OF SCHOOL 232441 0 0 0 0 0 7880 0 11623 0 251944 0 0 0 JEZREEL MCINTOSH ASSOCIATE HEAD OF SCHOOL 127131 0 0 0 0 0 4125 0 19433 0 150689 0 0 0 A TRUIST 593482833 2020-09-01 6750000 REFINANCE THE CONSTRUCTION LOAN. 0 1 0 A 6750000 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 1 SUNTRUST 10.000000000000 0 0 0 0 0 A 0 JEZREEL MCINTOSH ASSOCIATE HEAD OF SCHOOL 66210 SCHOLARSHIP / TUITION ASSISTANCE TO PROVIDE SCHOLARSHIP AND TUITION ASSISTANCE. JAY THOMAS BOARD MEMBER 13000 SCHOLARSHIP TO PROVIDE SCHOLARSHIP. X 1 7866 FMV X 7 70235 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MEMBERS OF THE FINANCE AND INVESTMENT COMMITTEE, THE TREASURER, THE HEAD OF SCHOOL, AND WITH TRUSTEES IN EXECUTIVE SESSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES AND OFFICERS HAVE A CLEAR FIDUCIARY OBLIGATION TO THE SCHOOL IN CONNECTION WITH THEIR SERVICE IN SUCH CAPACITIES. AT ALL TIMES THEY SHALL ACT IN A MANNER CONSISTENT WITH THIS FIDUCIARY OBLIGATION AND SHALL EXERCISE PARTICULAR CARE THAT NO DETRIMENT TO THE INTERESTS OF THE SCHOOL MAY RESULT FROM A CONFLICT BETWEEN THOSE INTERESTS AND ANY PERSONAL INTERESTS WHICH THE INDIVIDUAL TRUSTEE OR OFFICER MAY HAVE. IF ONE OF THE COVERED PERSONS BELIEVES THAT HE OR SHE MAY HAVE A CONFLICT OF INTEREST WITH RESPECT TO ANY TRANSACTION OR DECISION, HE OR SHE SHALL PROMPTLY AND FULLY DISCLOSE THE POTENTIAL CONFLICT TO THE SECRETARY OF THE BOARD OF TRUSTEES DIRECTLY OR THROUGH THE HEADMASTER. NO BOARD MEMBER SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTE MEETING, IN WHICH SUCH BOARD MEMBER HAS A CONFLICT OF INTEREST. BOARD MEMBERS SHOULD ABSTAIN FROM PARTICIPATING IN THE DISCUSSION OF THAT MATTER AT THE EARLIEST PRACTICABLE TIME. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE BOARD MEMBER HAVING A CONFLICT OF INTEREST ABSTAINED FROM PARTICIPATING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DETERMINE THE COMPENSATION OF THE ORGANIZATION'S HEAD OF SCHOOL. THE BOARD UTILIZES COMPENSATION SURVEYS AND STUDIES TO DETERMINE FAIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE BUSINESS OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: HOLDING GAIN ON INTEREST RATE SWAP 180,470. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.