Trojan Real Properties Inc
- Assets
- $36.3m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Addison, TX
- Founding
- 10/2008
- Data as of
- 07/2023
- EIN
- 26-1484901
Organization Overview
Trojan Real Properties Inc is located in Addison, TX. The organization was established in 2008. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, 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. Trojan Real Properties 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 07/2023, Trojan Real Properties Inc generated $17.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $1.7m during the year ending 07/2023. While expenses have increased by 5.5% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY PROVIDED 100% OF ITS FACILITIES TO TRINITY CHRISTIAN ACADEMY TO ASSIST IN THE CARRYING OUT OF ITS CHARITABLE PURPOSE OF PROVIDING A CHRISTIAN EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ward Chairman/treasurer | 0.5 | $0 | |
Ron Crosby Vice Chairman/secretary | 0.5 | $0 | |
Steve Novakovich Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,825,509 |
| Interest on Savings | $1,204 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $300,010 |
| Total Revenue | $17,126,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $138,294 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,285,692 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,733 |
| Total operating and administrative expenses | $1,454,220 |
| Contributions, gifts, grants paid | $255,000 |
| Total expenses and disbursements | $1,709,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $169,496 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $36,090,269 |
| Other assets | $0 |
| Total assets | $36,259,765 |
| Accounts payable and accrued expenses | $22,750 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,750 |