Trivium Preparatory Academy

Analysis

Trivium Preparatory Academy is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trivium Preparatory Academy reported income of $10.8m and spending of $10.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $10.8m (+50%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trivium Preparatory Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include K-State Olathe Innovation Campus Inc ($10.8m), Iowa State University Research Park Corp ($10.8m) and Harbor Day Endowment Corporation ($10.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $116k (1.2% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $21.0m against liabilities of $17.8m, net assets of $3.2m.