Trinity Preschool Inc
- Assets
- $204.0k
- Revenue
- $302.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, MN
- Founding
- 06/2005
- Data as of
- 06/2024
- EIN
- 20-0495065
Organization Overview
Trinity Preschool Inc is located in Orono, MN. The organization was established in 2005. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Preschool Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Trinity Preschool Inc generated $302.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $353.1k during the year ending 06/2024. While expenses have increased by 3.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
59 CHILDREN RECEIVED PRESCHOOL EDUCATION AT TRINITY PRESCHOOL. TRINITY PRESCHOOL WORKED WITH A NUMBER OF FAMILIES IN CRISIS. THIS INCLUDES FAMILIES DEALING WITH ILLNESS AND TRAUMA, WITH FINANCIAL ISSUES AND DIVORCE. TRINITY PRESCHOOL PROVIDES CHILDREN OF ALL ECONOMIC LEVELS AND OF ALL DENOMINATIONS. THERE ARE A VARIETY OF OPPORTUNITIES TO EXPLORE, GROW, LEARN AND CREATE. OUR INTENTION IS TO DEVELOP A SECURE ENVIRONMENT FOR CHILDREN SO THAT THEY MAY PARTICIPATE IN ACTIVITIES WHICH HELP THEM DEVELOP AS INDIVIDUALS AND RELATE HAPPILY WITH OTHER CHILDREN. WE PROVIDE A PERFECT PLACE TO TEACH CHRISTIAN VALUES AND TO SET THE STAGE FOR SPIRITUAL DEVELOPMENT. WE BELIEVE PLAY IS THE MOST EFFECTIVE WAY TO TEACH YOUNG CHILDREN. PLAY HELPS THEM LEARN SOCIAL SKILLS LIKE SHARING AND SELF-CONTROL. FINE MOTOR SKILLS IN PREPARATION FOR HOLDING WRITING TOOLS. GROSS MOTOR SKILLS FOR COORDINATION AND BALANCE. LITERACY SKILLS PRACTICING LISTENING AND COMPREHENSION. MATH SKILLS COUNTING, SORTING, AND COMPARING. SCIENCE SKILLS CONSTRUCTION, EXPERIMENTING AND OBSERVING. WE FEEL THAT PRESCHOOL IS AN IMPORTANT STEP INTO THE TOTAL EDUCATION OF THE CHILD AND IS, MANY TIMES, THE FIRST EXPERIENCE OUTSIDE THE INTIMATE FAMILY GROUP. WE ENCOURAGE IMAGINATION IN BOTH ART AND PLAY. WE EMPLOY EXPERIENCED STAFF THAT ARE COMPLETELY DEDICATED TO THE GOALS AND VALUES OF TRINITY PRESCHOOL. WE OFFER 3-YEAR-OLD, 4-YEAR-OLD AND PREK CLASSES. WE PLAN WEEKLY AFTERNOON ENRICHMENT PROGRAMS IN ADDITION TO OUR MORNING CLASSES. WE ENCOURAGE PARENTS TO BECOME INVOLVED IN OUR SCHOOL DURING PARTIES AND SPECIAL EVENTS. THIS SETS THE STAGE FOR PARENT INVOLVEMENT IN FUTURE SCHOOLS. MANY PARENTS GO ON TO BE LEADERS IN AREA SCHOOL PARENT ORGANIZATIONS. WE PROMOTE HEALTHY EMOTIONAL DEVELOPMENT BY ALLOWING CHILDREN TO EXPRESS FEELINGS IN DIFFERENT WAYS, NOT ONLY IN WORDS BUT ALSO IN CREATIVE ACTIVITIES UTILIZING DIFFERENT MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Govrik Executive Dir. | OfficerTrustee | 40 | $64,609 |
Adam Nafstad Treasurer | OfficerTrustee | 0.5 | $0 |
Elisabeth Teichroew Church Operatns | Trustee | 0.5 | $0 |
Ann Fenlason Pastor | Trustee | 0.5 | $0 |
Jacob Hallen Chairman | OfficerTrustee | 0.5 | $0 |
Anita Goman At Large Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,007 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,167 |
| Total Program Service Revenue | $269,137 |
| Investment income | $477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,220 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,001 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,609 |
| Compensation of current officers, directors, key employees. | $51,688 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,139 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,058 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,072 |
| Advertising and promotion | $236 |
| Office expenses | $16,703 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,102 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,343 |
| Insurance | $2,400 |
| All other expenses | $300 |
| Total functional expenses | $353,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,561 |
| Savings and temporary cash investments | $121,306 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $68,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $204,036 |
| Accounts payable and accrued expenses | $14,794 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $14,795 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $189,241 |
| Total liabilities and net assets/fund balances | $204,036 |