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Trinity Forum, Inc.

Rating
Sector:

Leadership Training

Total
Revenue:

$1,385,074

Total
Expenses:

$1,404,257

Net
Assets:

$753,484

Profile Changes

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Profile Contents

Research Analysis
Financial Information

Ministry Pie Chart

Database Avg This Ministry
Program 82% 96.6%
General & Admin 12.6% 2.7%
Fundraising 6.2% 2%
Savings -.9% -1.3%


Ministry Pie Chart

Ministry Pie Chart

Age Size Box:

>50
Yr(s)25-50
<25
<$1m$1m-
$5m
>$5m

Summary

The Trinity Forum, Inc. ("Trinity Forum") strives to encourage and assist national leaders to deepen, integrate, and apply their faith in their private and public lives. The principal means by which the Trinity Forum pursues its purposes is through the development of curricula, the holding of forums, and the development and publication of educational materials. This organization is a nonprofit. Contributions to it are fully deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Contact Information: [ Back to top ]

Mailing Address:1623 28th Street, NW
Washington, DC
20007-0007
Website: www.TTF.ORG
Phone:(407) 563-2784, (800) 585-1070
Email:You need to enable javascript to see the email

Organization Details [ Back to top ]

EIN: 541612640
CEO/President: Dr. Luder G. Whitlock, Jr. Tax Deductible: Yes
Chairman: Mr. Paul Klaassen Fiscal Year End: December 31
Board Size: 18 Financial info from: 990
Founder: Member of ECFA: Yes
Year Founded: 1991 Member of ECFA since: 1996

Purpose [ Back to top ]

The Trinity Forum, Inc. ("Trinity Forum") strives to encourage and assist national leaders to deepen, integrate, and apply their faith in their private and public lives. The principal means by which the Trinity Forum pursues its purposes is through the development of curricula, the holding of forums, and the development and publication of educational materials.

This organization is a nonprofit. Contributions to it are fully deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).

Mission Statement [ Back to top ]

Need Mission Statement

Program Accomplishments [ Back to top ]

    1997 highlights for TF are as follows:
  • Completed twelve successful forums with 270 participants
  • Revised curricula II

    2001 Highlights for the Trinity Forum, Inc are as follows:
  • Two curricula, Entrepreneurs of Life: Faith and the Venture of Purposeful Living and The Journey: Our Quest for Faith and Meaning, were published in paperback by NavPress
  • Three new readings were published: Painting as a Pastime, Confessions of a Wandering Soul and Amazing Grace.
  • The Trinity Forum produced its first CD Briefing, "Riding the Storm: Making Sense of Life in a Time of Evil and Suffering."
  • The Trinity Forum held six US Leader Forums, eleven Partner Forums and eight European Forums with a total of 834 participants.
  • Osprey Point Leadership Center, since opening in September 2000, has hosted over 63 events for leaders and leadership organizations.

Statement of Faith [ Back to top ]

This profile needs a statement of faith

History [ Back to top ]

Need History Info

Ministry Needs [ Back to top ]

This organization has not offered MinistryWatch.com with specific needs to be posted on the profile. At such a time that MinistryWatch.com receives a response from the ministry, it will be posted immediately.

Research Analysis

Transparency Grade [ Back to top ]

Transparency Grade of : B
Criteria categoryGradeOther Comments
Timeliness:8010/5/2005 9:48:55 AM: Organization made financial information available between 6 ½ and 7 ½ months after their fiscal year end.
Financial Information:10010/18/2005 2:57:32 PM: Organization provided all financial information requested. Information was clear and thorough. Rec'd all 990 forms 10/5/2005 9:54:50 AM: Organization provided a reasonable amount of useful financial information. Requests for IRS 990 forms for 2003 and 2004 unfilled. 10/24/05: rec'd all 990's requested
Foundational Clarity:
Level of Cooperation:
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MinistryWatch.com 5 Star Financial Efficiency Ratings [ Back to top ]

Ranking CategoryRatingOverall RankLeadership Training Sector
Overall Efficiency RatingStarStarStarStar54 of 353    2 of 14
Fund Acquisition DecisionStarStarStarStar107 of 353      5 of 14
Resource Allocation DecisionStarStarStarStarStar22 of 353      1 of 14
Asset Utilization DecisionStarStarStar157 of 353      8 of 14
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Ministry Statement or Response [ Back to top ]

This organization has not offered MinistryWatch.com with an official statement or response for their profile. This area is meant as a mechanism for the profiled ministry to communicate anything they may choose. It is open ended as to the topic, issues, facts or news to address. It is not negative if there is no official statement as many don’t have anything to add than what is already on the profile. This section is not tied to transparency or to communication in general. Many very open and talkative ministries with us choose not to post an official statement. This section is just an open ended offering to the profiled ministry for anything extra to say as they may choose.

Financial Information:

Financial Ratios[ Back to top ]

Funding RatiosDatabase Average20072006200520042003
Return on FR Efforts9%3%3%4%0%0%
Fundraising Cost Ratio6%2%2%3%0%0%
Contributions Reliance83%67%81%77%0%0%
Fundraising Expense Ratio6%2%3%4%0%0%
Other Revenue Reliance17%33%19%23%0%0%
Operating RatiosDatabase Average20072006200520042003
Program Expense Ratio81%95%94%90%0%0%
Spending Ratio101%101%70%72%0%0%
Program Output Ratio82%97%66%65%0%0%
Savings Ratio-1%-1%30%28%0%0%
Reserve Accumulation Rate2%-3%76%159%0%0%
General & Admin Ratio13%3%3%6%0%0%
Investing RatiosDatabase Average20072006200520042003
Total Asset Turnover2.62x1.82x1.27x2.14x0x0x
Degree of L-T Investment3x1.02x1x1.1x0x0x
Current Asset Turnover4.92x1.86x1.28x2.36x0x0x
Age of Assets9.6yr(s)56.1yr(s)43.6yr(s)40.4yr(s)0.0yr(s)0.0yr(s)
Liquidity RatiosDatabase Average20072006200520042003
Current Ratio117.88x48.8x28.6x43.02x0x0x
Current Liabilities Ratio.32x.02x.03x.02x0x0x
Liquid Reserve Level5.67x6.31x9.05x4.96x0x0x
Solvency RatiosDatabase Average20072006200520042003
Liabilities Ratio.23x.02x.04x.04x0x0x
Debt Ratio.06x0x0x0x0x0x
Reserve Coverage Ratio86%54%56%25%0%0%

Financials[ Back to top ]

Balance Sheet
Assets20072006200520042003
Cash$686,189$731,520$276,071$75,094$47,089
Receivables, Inventories & Prepaids$68,174$67,516$66,870$83,341$186,238
Short-Term Investments$0$0$0$0$0
Total Current Assets$754,363$799,036$342,941$158,435$233,327
Long-Term Investments$0$0$0$0$0
Fixed Assets$17,154$3,932$7,450$8,560$9,241
Other Long-Term Assets$0$0$28,079$34,625$60,404
Total Long-Term Assets$17,154$3,932$35,529$43,185$69,645
TOTAL ASSETS$771,517$802,968$378,470$201,620$302,972
Liabilities20072006200520042003
Payables & Accrued Expenses$15,458$27,936$7,972$22,036$6,965
Other Current Liabilities$0$0$0$0$0
Total Current Liabilities$15,458$27,936$7,972$22,036$6,965
Debt$0$0$0$0$0
Other Long-Term Liabilities$2,575$2,365$7,194$137,650$300,396
Total Long-Term Liabilities$2,575$2,365$7,194$137,650$300,396
TOTAL LIABILITIES$18,033$30,301$15,166$159,686$307,361
Assets20072006200520042003
Unrestricted$753,484$772,667$363,304$41,934($4,389)
Temporarily Restricted$0$0$0$0$0
Permanently Restricted$0$0$0$0$0
NET ASSETS$753,484$772,667$363,304$41,934($4,389)
Revenue and Expenses
Revenue20072006200520042003
Total Contributions$926,224$1,172,552$871,044$417,494$761,902
Program Service Revenue$444,279$267,672$249,412$212,607$266,672
Membership Dues$0$0$0$0$0
Investment Income$702$0$102$162$86
Other Revenue$13,869$14,267$11,621$5,233($7,143)
Total Other Revenue$458,850$281,939$261,135$218,002$259,615
TOTAL REVENUE$1,385,074$1,454,491$1,132,179$635,496$1,021,517
Expenses20072006200520042003
Program Services$1,337,990$959,784$730,625$500,265$940,062
Management & General$38,210$30,746$48,490$78,612$93,209
Fundraising$28,057$31,878$31,694$10,296$35,062
TOTAL EXPENSES$1,404,257$1,022,408$810,809$589,173$1,068,333
Change in Net Assets20072006200520042003
SURPLUS (DEFICIT)($19,183)$432,083$321,370$46,323($46,816)
Other Changes in Net Assets$0($22,720)$0$0($11,651)
TOTAL CHANGE IN NET ASSETS($19,183)$409,363$321,370$46,323($58,467)

Functional Expenses [ Back to top ]

Funding Ratios20072006200520042003
Grants & Allocations$0$0$0$0$0
Specific Assistance to Individuals$0$0$0$0$0
Benefits Paid To or For Members$0$0$0$0$0
Compensation of Officers, Directors$0$0$0$57,500$115,000
Other Salaries, Wages$365,009$319,378$263,779$120,225$188,038
Pension Plan Contributions$0$0$0$0$0
Other Employee Benefits$30,237$27,185$0$6,757$22,950
Payroll Taxes$26,548$20,539$18,504$14,378$20,733
Professional Fundraising Fees$0$0$0$0$0
Accounting Fees$31,947$14,962$13,777$0$9,300
Legal Fees$0$295$292$14,770$0
Supplies$11,251$8,995$3,927$7,540$4,662
Telephone$7,408$5,266$2,888$4,845$12,436
Postage & Shipping$3,407$4,004$5,876$8,554$3,270
Occupancy$40,906$25,974$17,006$5,087$39,319
Equipment Rental & Maintenance$0$0$0$2,622$10,307
Printing & Publications$0$0$0$0$0
Travel$17,850$12,918$8,691$5,354$3,920
Conferences, Conventions & Meetings$0$0$0$0$0
Interest$0$0$5,164$0$15,785
Depreciation, Depletion etc.$3,644$4,606$4,316$9,012$33,650
Other Expenses$866,050$578,286$466,589$332,529$588,963
Total Functional Expenses$1,404,257$1,022,408$810,809$589,173$1,068,333