Trident Academy Inc is located in Mt Pleasant, SC. The organization was established in 1973. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 05/2022, Trident Academy Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trident Academy 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 05/2022, Trident Academy Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $2.0m during the year ending 05/2022. While expenses have increased by 0.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRIDENT ACADEMY, THROUGH INDIVIDUALIZED, MULTI-SENSORY AND RESEARCH-BASED TEACHING APPROACHES, TRANSFORMS THE LIVES OF COGNITIVELY CAPABLE K-12 CHILDREN DIAGNOSED WITH LEARNING DIFFERENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRIDENT ACADEMY IS A SPECIAL PLACE! WE ARE 1 OF ONLY 18 SCHOOLS ACCREDITEDBY THE ACADEMY OF ORTON-GILLINGHAM PRACTITIONERS & EDUCATORS IN THE NATIONTEACHING STUDENTS WITH LANGUAGE-BASED LEARNING DISORDERS. WE OFFER ANINDIVIDUALIZED DIAGNOSTIC AND PRESCRIPTIVE APPROACH THAT GIVES OUR STUDENTSTHE CONFIDENCE AND TOOLS THEY NEED TO SUCCEED HERE AND WHEN TRANSITIONINGBACK INTO MORE TRADITIONAL SCHOOL SETTINGS. TRIDENT ACADEMY TRULY FILLS ACRITICAL NEED IN THE LIVES OF OUR STUDENTS AND FAMILIES!AT TRIDENT ACADEMY, WE UNDERSTAND THAT STUDENTS WHO LEARN DIFFERENTLY NEEDTO BE TAUGHT DIFFERENTLY. OUR TEACHERS EMPLOY THE ORTON-GILLINGHAM (OG)APPROACH IN ALL CLASSES WHICH OFFERS A VERY STRUCTURED, DIAGNOSTIC ANDFORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIESTRIDENT ACADEMY, THROUGH INDIVIDUALIZED, MULTI-SENSORY, AND RESEARCH-BASED TEACHINGAPPROACHES, TRANSFORMS THE LIVES OF COGNITIVELY CAPABLE K-12 CHILDREN DIAGNOSED WITH LEARNING DIFFERENCES.FORM 990, PART III, LINE 4A - FIRST ACCOMPLISHMENTPRESCRIPTIVE APPROACH TO IDENTIFYING AND WORKING WITH EACH STUDENTSINDIVIDUAL NEEDS. STUDENTS ARE TAUGHT TRADITIONAL SUBJECTS USING VARIOUSMULTI-SENSORY TECHNIQUES, EXPERIENCES OUTSIDE OF THE CLASSROOM THATCORRESPOND TO RELEVANT SUBJECT MATTER AND VIA THE INCORPORATION OFASSISTIVE TECHNOLOGY.OUR STUDENT POPULATION IS SMALL COMPARED TO TRADITIONAL SCHOOLS - WE HAD 55STUDENTS IN OUR PROGRAM FOR 2019-2020; HOWEVER, THIS IS BY DESIGN. WEBELIEVE THAT NOT ONLY DOES SMALL CLASSROOM SIZE AND INDIVIDUALIZEDINSTRUCTION HELP OUR STUDENTS BECOME BETTER LEARNERS, BUT IT ALSO HELPSTHEM BUILD CONFIDENCE AND SELF-AWARENESS.RESEARCH OVER THE LAST 20 YEARS SHOWS THE STRIDES STUDENTS CAN MAKE INTHEIR TEST SCORES IN AN AVERAGE ACADEMIC YEAR AT TRIDENT ACADEMY.ANALYZING STANDARDIZED PRE- AND POST- TEST SCORES BETWEEN 1995-2016, OURSTUDENTS:VOCABULARY SCORES INCREASED 115.6%COMPREHENSION SCORES INCREASED 152.2%MATHEMATICS SCORES INCREASED 268.8%DURING THE 2019-2020 SCHOOL YEAR,VOCABULARY SCORES INCREASED 45.4%COMPREHENSION SCORES INCREASED 179.6%THE TRIDENT ACADEMY PARENT'S ASSOCIATION (TAPA) RAISES FUNDS TO SUPPORTCOMMUNINTY BUILDING ACTIVITIES LIKE THE FALL FESTIVAL & FIELD DAY. ITRAISES FUNDS THROUGH VARIOUS MEANS SUCH AS PRODUCT SALES AND EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Jeresaty President | OfficerTrustee | 2 | $0 |
Chad Anderson Vice President | OfficerTrustee | 2.5 | $0 |
Erik Glaser Treasurer | OfficerTrustee | 2.5 | $0 |
Col Myron C Harrington Jr Trustee | OfficerTrustee | 0.5 | $0 |
Betsy Fanning Headmaster | Officer | 40 | $0 |
Sharon Stewart Trustee | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $127,569 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $127,569 |
Total Program Service Revenue | $1,457,119 |
Investment income | $196 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $125,800 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,058,430 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,127,080 |
Pension plan accruals and contributions | $31,818 |
Other employee benefits | $78,522 |
Payroll taxes | $86,855 |
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 | $50,598 |
Advertising and promotion | $23,613 |
Office expenses | $31,027 |
Information technology | $56,073 |
Royalties | $0 |
Occupancy | $208,101 |
Travel | $8,703 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,708 |
Interest | $2,606 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,536 |
Insurance | $153,715 |
All other expenses | $101 |
Total functional expenses | $1,955,050 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $603,618 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $35,065 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,748 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $40,051 |
Net Land, buildings, and equipment | $323,102 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,001 |
Total assets | $1,027,585 |
Accounts payable and accrued expenses | $229,948 |
Grants payable | $0 |
Deferred revenue | $146,355 |
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 | $32,042 |
Other liabilities | $12,000 |
Total liabilities | $420,345 |
Net assets without donor restrictions | $607,240 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,027,585 |
Over the last fiscal year, we have identified 5 grants that Trident Academy Inc has recieved totaling $50,716.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,000 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: EDUCATION GRANT | $10,697 |
Achilles Foundation New York, NY PURPOSE: GENERAL FUND OR CHARITABLE | $10,000 |
Post & Courier Foundation Charleston, SC PURPOSE: ANNUAL OPERATING FUND | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Organization Name | Assets | Revenue |
---|---|---|
The Howard School Inc Atlanta, GA | $46,587,964 | $14,630,236 |
Schenck School Inc Atlanta, GA | $49,204,547 | $13,089,821 |
Baconton Parents And Citizens For Better Education Inc Baconton, GA | $6,989,998 | $13,118,266 |
The Fletcher School Inc Charlotte, NC | $32,973,110 | $9,343,096 |
Mill Springs Academy Inc Alpharetta, GA | $16,639,612 | $7,597,542 |
Brookhaven Innovation Academy Norcross, GA | $15,037,187 | $6,615,354 |
Jacobs Ladder Neurodevelopmental Learning Center Inc Roswell, GA | $19,026,689 | $7,969,292 |
Liberty Tech Charter School Inc Brooks, GA | $5,341,334 | $5,035,134 |
Camperdown Academy Inc Greenville, SC | $11,409,687 | $5,638,160 |
Noble Academy Greensboro, NC | $11,946,488 | $4,273,437 |
Sandhills Childrens Center Southern Pines, NC | $5,514,562 | $5,251,585 |
The Fletcher Academy School Of Achievement Inc Raleigh, NC | $9,340,460 | $3,947,051 |