2024-05-03T18:04:54-05:00 2023-06-30 WITHUMSMITHBROWNPC 331 NEWMAN SPRINGS RD STE 125 RED BANK NJ 077016765 990 2022-07-01 454641636 Trinity Hall % THERESA KIERNAN TRIN 7322911297 101 Corregidor Road Tinton Falls NJ 07724 Theresa Kiernan Interim head of scho 7322911297 2023-10-26 true Theresa Kiernan 999009999 GLENN G BELLOMY CPA P00579162 7328423113 2 2022 2023-04-26 12:10:37Z Theresa Kiernan 101 Corregidor Road Tinton Falls NJ 07724 9879866 false X WWW.TRINITYHALLNJ.ORG X 2012 NJ TRINITY HALL IS AN INDEPENDENT, ALL-GIRLS SCHOOL THAT EDUCATES AND EMPOWERS YOUNG WOMEN IN THE CATHOLIC TRADITION THROUGH AN INNOVATIVE COLLEGE PREPARATORY PROGRAM. 15 15 99 25 0 3441484 1061241 8200993 8525503 9246 165335 12759 6652 11664482 9758731 1140310 1135168 0 0 4765225 5597105 0 0 384627 2650513 2884627 8556048 9616900 3108434 141831 25041854 26319068 11327735 12184122 13714119 14134946 X TRINITY HALL IS AN INDEPENDENT, ALL-GIRLS SCHOOL THAT EDUCATES AND EMPOWERS YOUNG WOMEN IN THE CATHOLIC TRADITION THROUGH AN INNOVATIVE COLLEGE PREPARATORY PROGRAM GROUNDED IN OUR FOUR CORE VALUES OF LEADERSHIP, RESPECT, PERSEVERANCE, AND FAITH. TRINITY HALL PREPARES EACH STUDENT TO ACHIEVE HER FULL POTENTIAL AS SHE EMBRACES HER PLACE IN THE WORLD. false false 6440690 1135168 8532155 EXPENSES INCURRED IN PROMOTING A RIGOROUS COLLEGE-PREPARATORY ACADEMIC PROGRAM FOR YOUNG WOMEN AS WELL AS A SUPERIOR CHARACTER EDUCATION PROGRAM. ALL MAJOR ACADEMIC COURSES WERE TAUGHT AT THE HONORS LEVEL WITH THE OPPORTUNITY FOR ADVANCED PLACEMENT COURSES BEGINNING IN TENTH GRADE. PLEASE REFER TO PART III, LINE 1 FOR THE ORGANIZATION'S MISSION. 6440690 true true false false false false false false false false true false false false true true true false true false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 24 0 true 99 true false false false false false true true false false false false false false X 15 15 true false false false false false false true true false false true true true true true false true true false NJ X THERESA KIERNAN 7322911297 101 CORREGIDOR ROAD TINTON FALLS NJ 07724 Mary Kate Blaine HEAD OF SCHOOL (term 6/2023) 50.0 0.0 X 250275 0 17061 Theresa M Kiernan Director of Admissions 50.0 0.0 X 115543 0 28898 Deirdre Spiropoulos Director of Advancement 50.0 0.0 X 116300 0 714 Jennifer Havens Dean of Academics 50.0 0.0 X 104954 0 512 MIRIAM TORT Chair - Trustee 15.0 0.0 X X 0 0 0 SEAN P CLIFFORD TRUSTEE 2.0 0.0 X 0 0 0 PATRICK DONNELLY TREASURER - TRUSTEE 2.0 0.0 X X 0 0 0 Justin Gmelich TRUSTEE 2.0 0.0 X 0 0 0 ABIGAIL KELLY CO- Vice Board Chair 2.0 0.0 X X 0 0 0 KERRY DEVINE CO- Vice Board Chair 2.0 0.0 X X 0 0 0 Katie Evans TRUSTEE 2.0 0.0 X 0 0 0 Torrey Plank SECRETARY - TRUSTEE 15.0 0.0 X X 0 0 0 SHAWN REYNOLDS TRUSTEE 2.0 0.0 X 0 0 0 VICTORIA GMELICH TRUSTEE 2.0 0.0 X 0 0 0 AMY HOWELL TRUSTEE 2.0 0.0 X 0 0 0 TARA LIEBEE TRUSTEE 2.0 0.0 X 0 0 0 Charles H Jones III TRUSTEE 2.0 0.0 X 0 0 0 KIMBERLY TSIMBINOS TRUSTEE 2.0 0.0 X 0 0 0 Carmine Venezia Trustee 2.0 0.0 X 0 0 0 Mairead Clifford Trustee 2.0 0.0 X 0 0 0 Liz Gavin Trustee 2.0 0.0 X 0 0 0 587072 0 47185 4 false true false Global Mark LLC 101 Corregidor Road TINTON FALLS NJ 07724 Security 149716 Daniel Flores Construction LLC 962 Summerfield Avenue ASBURY PARK NJ 07712 Home Improvement 148289 2 128714 932527 72060 1061241 TUITION AND FEES 611600 8437587 8437587 OTHER PROGRAM RELATED REVENUE 611600 87916 87916 8525503 165335 165335 0 0 0 0 0 0 93502 128714 93502 0 0 0 0 0 34285 27633 6652 6652 0 9758731 8532155 165335 0 1135168 1135168 0 0 629966 0 629966 0 0 3913888 2592558 1089308 232022 96496 57475 37164 1857 584928 373945 198903 12080 371827 221468 143205 7154 0 39006 39006 125538 125538 0 0 2274 2274 29965 18115 11850 83207 83207 433245 234526 122309 76410 226844 205577 21267 0 483018 483018 0 0 76250 62769 13481 246016 246016 0 507643 497384 10259 97610 10858 86752 STUDENT ATHLETICS 402697 402697 STUDENT ACTIVITIES 106478 106478 STUDENT TRANSPORTATION 15341 15341 BAD DEBT EXPENSE 9495 989 8506 9616900 6440690 2791583 384627 X 6676350 4389431 3253281 620614 876365 149755 2968 100 0 0 0 0 0 0 0 0 150816 80063 16134528 3124111 13202089 13010417 165192 7012739 0 0 0 0 0 0 714793 1055949 25041854 26319068 521343 843017 0 0 2844909 3371910 0 0 0 0 0 0 7961483 7891748 0 0 0 77447 11327735 12184122 X 12449203 12401775 1264916 1733171 13714119 14134946 25041854 26319068 X 141831 15287 263709 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 232174 232174 6520374 1534358 4986016 605745 511117 94628 8776235 1078636 7697599 13010417 0 LEASE LIABILITY 77447 77447 X 8730078 15287 93502 108789 8621289 2274 1135168 1137442 9758731 8572960 93502 93502 8479458 2274 1135168 1137442 9616900 SCHEDULE D, PART X, LINE 2 AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF THIS ORGANIZATION (SCHOOL) FOR THE YEAR ENDED JUNE 30, 2023. THE FIN 48 (ASC 740) FOOTNOTE BELOW IS FROM THE ORGANIZATION'S JUNE 30, 2023 AUDITED FINANCIAL STATEMENTS: The Internal Revenue Service ("IRS") has classified the School as a tax-exempt corporation under Section 501(c)(3) of the Internal Revenue Code ("IRC"). However, income from certain activities that is not directly related to the School's tax-exempt purpose is subject to taxation as unrelated business income. The School had no unrelated business income for the years ended June 30, 2023 and 2022. Accounting for Uncertain Tax Positions: Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the School and recognize a tax liability (or asset) if the School has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the School, and has concluded that as of June 30, 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The School is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. In addition, there have been no tax related interest or penalties for years presented in these financial statements. Should such penalties and interest be incurred, the School's policy would be to recognize them as operating expenses. SCHEDULE D, PART XI and XII, LINE 2D FUNDRAISING EXPENSES - $93,502 SCHEDULE D, PART XI and XII, LINE 4B FINANCIAL AID, SCHOLARSHIPS, AND DISCOUNTS - $1,135,168 true true true true true true true false false false false false false false false false false true Schedule E, Part 1, Line 3 THE TRINITY HALL SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE AND HAS ALSO PUBLICIZED IT IN THE newark star ledger and ASBURY PARK PRESS NEWSPAPERs. Golf Outing 100540 47220 53320 2890 46260 4170 Leading Ladies 59636 25632 34004 15979 5267 12758 1 57291 52196 5095 5095 217467 125048 92419 2890 62239 5267 22023 92419 true FINANCIAL AID and merit awards 310 1135168 FAIR MARKET VALUE FINANCIAL AID Form 990, Schedule I, Part I - Line 2 THERE IS A FINANCIAL AID COMMITTEE THAT INCLUDES THE HEAD OF SCHOOL, BUSINESS MANAGER AND ADMINISTRATIVE DIRECTOR. THIS COMMITTEE, IN CONSULTATION WITH THE BOARD FINANCE COMMITTEE, MAKES DECISIONS ON MERIT AND FINANCIAL AID AWARDS. ALL FAMILY INFORMATION IS KEPT CONFIDENTIAL AND ONLY SEEN BY THE SCHOOL COMMITTEE. X X X X false false false false false false false false false Mary Kate Blaine HEAD OF SCHOOL (term 6/2023) 250275 0 0 0 0 0 0 0 17061 0 267336 0 0 0 X 3 72060 FMV X Computers 1 9571 FMV false false false Form 990, Schedule M, Part I - Line 9b The organization is reporting the number of contributors. FORM 990, PART VI, LINE 2 SEAN CLIFFORD AND MAIREAD CLIFFORD - FAMILY RELATIONSHIP. JUSTIN GMELICH AND VICTORIA GMELICH - FAMILY RELATIONSHIP. CORE FORM, PART VI, SECTION A; QUESTION 7 THE ORGANIZATION'S BYLAWS PROVIDE THAT Nominations of candidates to be elected as Trustees shall be made by the Committee on Trustees. IN ADDITION, THE ORGANIZATION'S BOARD OF TRUSTEES HAS THE POWER TO establish AN EXECUTIVE COMMITTEE TO WHICH THE BOARD MAY DELEGATE CERTAIN POWERS. FORM 990, PART VI, SECTION B; QUESTION 11B A COPY OF THE ORGANIZATION'S final FORM 990 WAS PROVIDED TO ALL MEMBERS OF ITS GOVERNING BODY, ITS BOARD OF TRUSTEES, FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE ORGANIZATION'S BOARD OF TRUSTEES HAS THE RESPONSIBILITY TO OVERSEE, REVIEW AND APPROVE OF THE FEDERAL FORM 990, INCLUDING THE PREPARATION, REVIEW AND FILING PROCESS. AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S HEAD OF SCHOOL TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THESE INDIVIDUALS FOR REVIEW. THESE INDIVIDUALS REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. THE ORGANIZATION'S OUTSIDE ACCOUNTANT ALSO PERFORMED A DETAILED REVIEW OF THE DRAFT FORM 990. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THESE INDIVIDUALS FOR FINAL REVIEW AND APPROVAL PRIOR TO PROVIDING A COPY TO ALL MEMBERS OF this organization's board of trustees AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B; QUESTION 12 ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM THAT IS REVIEWED BY THE BOARD OF TRUSTEES. WHEN POTENTIAL CONFLICTS ARE IDENTIFIED, THE BOARD OF TRUSTEES DISCUSSES THE MATERIAL FACTS AND THEN DETERMINES IF A CONFLICT EXISTS. IF A CONFLICT EXISTS, THE BOARD OF TRUSTEES THEN DECIDES ON THE BEST COURSE OF ACTION AND ANY NECESSARY MITIGATING BEHAVIOR. IN ALL SITUATIONS, THE RELEVANT INDIVIDUAL SHALL BE REMOVED FROM ANY DECISION MAKING RELATED TO THEIR POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF TRUSTEES MAINTAINS AN EXECUTIVE COMMITTEE ("COMMITTEE"). THE COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE COMPENSATION AND BENEFITS OF THE ORGANIZATION'S HEAD OF SCHOOL. THE COMMITTEE'S REVIEW IS DONE ON AT LEAST AN ANNUAL BASIS AND ENSURES THAT THE "TOTAL COMPENSATION" OF THE HEAD OF SCHOOL IS REASONABLE. THE ACTIONS TAKEN BY THE COMMITTEE ENABLE THE ORGANIZATION TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR PURPOSES OF INTERNAL REVENUE CODE SECTION 4958 WITH RESPECT TO THE TOTAL COMPENSATION OF THE HEAD OF SCHOOL. THE THREE FACTORS WHICH MUST BE SATISFIED IN ORDER TO RECEIVE THE REBUTTABLE PRESUMPTION OF REASONABLENESS ARE THE FOLLOWING: 1. THE COMPENSATION ARRANGEMENT IS APPROVED IN ADVANCE BY AN "AUTHORIZED BODY" OF THE APPLICABLE TAX-EXEMPT ORGANIZATION WHICH IS COMPOSED ENTIRELY OF INDIVIDUALS WHO DO NOT HAVE A "CONFLICT OF INTEREST" WITH RESPECT TO THE COMPENSATION ARRANGEMENT; 2. THE AUTHORIZED BODY OBTAINED AND RELIED UPON "APPROPRIATE DATA AS TO COMPARABILITY" PRIOR TO MAKING ITS DETERMINATION; AND 3. THE AUTHORIZED BODY "ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION" CONCURRENTLY WITH MAKING THAT DETERMINATION. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES EACH OF WHOM ARE INDEPENDENT AND ARE FREE FROM ANY CONFLICTS OF INTEREST. THE COMMITTEE RELIED UPON APPROPRIATE COMPARABLE DATA; SPECIFICALLY, THE COMMITTEE BASES ITS REVIEW ON AN OUTSIDE INDEPENDENT STUDY THAT INCLUDES OFFICER COMPENSATION AT OTHER SECONDARY INDEPENDENT-PREPARATORY ACADAMIES OF A SIMILAR NATURE. THIS STUDY IS PREPARED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ("NAIS"). THE COMMITTEE ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION THROUGH THE TIMELY PREPARATION OF WRITTEN MINUTES OF THE COMMITTEE MEETINGS DURING WHICH THE HEAD OF SCHOOL'S COMPENSATION AND BENEFITS WAS REVIEWED AND SUBSEQUENTLY APPROVED. FORM 990, PART VI, SECTION C; QUESTION 19 THE ORGANIZATION MAKES ALL ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C AN INDEPENDENT CPA FIRM AUDITED THE FINANCIAL STATEMENTS OF THE TAXPAYER FOR THE YEAR ENDED JUNE 30, 2023 AND ISSUED AN UNMODIFIED OPINION. THE ORGANIZATION'S AUDIT AND RISK COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF ITS INDEPENDENT AUDITOR. ACCORDING TO THE ORGANIZATION'S BYLAWS THE AUDIT AND RISK COMMITTEE shall: recommend the independent auditor for Board approval; work with the auditor to establish the scope of the audit; review the recommendations for improving internal controls as noted in the auditor's management letter; recommend approval of the annual audit to the Board; and monitor the implementation of the recommendations of the management letter. CORE FORM, PART III; STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS Academic Program: Trinity Hall is committed to providing unprecedented opportunities for learning and leadership through an innovative curriculum taught by passionate and experienced faculty in a diverse environment that celebrates the Catholic tradition. Trinity Hall encourages students to think creatively and critically, solve problems and collaborate, communicate effectively, and lead. Through interdisciplinary studies, design thinking, and a problem-based math curriculum, students are academically well-rounded and thoroughly prepared for college. Our Science, Technology, Engineering, Arts, and Mathematics program focuses on developing lessons and techniques that bring together STEAM disciplines and concepts through creative hands-on projects and experiments. Trinity Hall students take four years of engineering. Our Humanities program is intentionally designed to integrate both skills and content between the disciplines of English, history, and theology. Through the lens of the Catholic theological tradition, students engage in the exploration of prayer, scripture, sacraments, and the Church's moral and social teachings, as well as the examination of all world religions. The World Language courses at Trinity Hall facilitate a class structure built around the four main skills: reading, writing, listening, and speaking. The classes aim for target language instruction only. Cultural comparisons, connections, and global outreach are a priority over the scope and sequence of the students' language learning journey. FY23 Achievements: Academics: -Trinity Hall enrolled 308 students for the 2022-2023 school year. -Trinity Hall graduated its seventh class of graduates and hosted its five- year reunion for the Class of 2018. -The 66 members of Trinity Hall's Class of 2023 were accepted to over 115 different colleges and universities and received more than $7 million in merit scholarship offers. -In 2023, based on their efforts taking AP examinations, 14 students were recognized as AP Scholars with Distinction; 26 students were recognized as AP Scholars with Honor; and 29 were recognized as AP Scholars -Ten seniors committed to continuing their academic and athletic careers in the NCAA at the DI and DIII levels in six different sports. Athletics: Trinity Hall students are given the opportunity to participate in 17 sports: Basketball, Crew, Cross Country, Field Hockey, Flag Football, Golf, Gymnastics, Ice Hockey, Lacrosse, Sailing, Soccer, Softball, Spring Track & Field, Swimming, Tennis, Volleyball, and Winter Track & Field. Highlights athletically include a number of sport-specific accomplishments, including: -Varsity Cross Country: won the Future 7 meet and placed 3rd in A Central Divisional Meet. -Field Hockey: grew to include both varsity and junior varsity teams. -Varsity Soccer: team ranked in the Top 10 of Non-Public Schools in NJ. -Varsity Volleyball was a division champs. -Varsity Basketball: division champs and quarterfinalists for the Shore Conference and the NJSIAA -Ice Hockey: semi-finalists in the conference tournament; quarterfinalists for the NJSIAA tournament -Varsity Swimming: second place at Monmouth County Championships; semi- finalists in the NJSIAA Tournament; Shore Conference Champions for only the second time in school history. -Flag Football: semi-finalists in the league championship tournament. -Varsity Lacrosse: ranked 7th in New Jersey; quarterfinalists in the Shore Conference and NJSIAA -Sailing: Trinity Hall is the only school that puts an all-female crew into our boats. Most teams are all male or mixed. Student Government and Student Activities: Trinity Hall continued to grow enrollment and programming in student-led clubs and activities. Our club roster boasts over 30 clubs, including: ACE (Acceptance, Compassion, and Empowerment), Art Club, Chorus, Dance Club, Garden Gurus, Literary Magazine, Model United Nations, The Royal Record (Yearbook), Students Against Destructive Decisions (SADD) Club, and The Trinity Hall Tribune (Newspaper). We launched several new student-initiated clubs including: -Environmental, a club dedicated to providing programming, education, and community service opportunities related to sustainability and environmental responsibility. -Deliberative Democracy, a club dedicated to studying current events and governmental policy/operations. -Plant the Moon, a club in collaboration with NASA that plants and studies soil and plants in lunar conditions. Clubs expanded programming to the community and organized trips to allow students a first-hand experience in the field (for example: Business club attended a leadership experience day at MetLife to learn about business career opportunities in the sports field). Trinity Hall also has the following student organizations: Liturgical Ministry, Student Ambassadors, Student Annual Fund Committee, and Tech Team. Student Government is divided into five core councils: Academics, Arts, Athletics, and Community Life, SCOPE (Service, Community Outreach, and Prayer). -The Student Council hosted several new programming events throughout the year: -The class presidents organized a "Battle of the Classes" event which provided a week of team-building games, themes and activities for the entire student body and staff to participate in and grow school spirit. -The academics council provided new initiatives and activities to celebrate student success each trimester and academic contributions through peer mentoring throughout the school year. -The arts council increased school-wide support of the arts through monthly bulletin board drawing contests and audience opportunities to contribute to art at their annual events (Coffeehouse, Paint & Snack events, and Evening of Fine Arts). -The athletics council boosted fan participation with designated fan days and highlighted athletic achievements with hype videos throughout each season. -The community life council hosted new activities including a mother- daughter cupcake war competition. -The SCOPE council, in collaboration with the liturgical team, introduced first Friday masses in our chapel as an option for students to attend mass each month and supported many local non-profit organizations through drives, volunteer opportunities, and bake sales. -Students presented a Fall drama (These Shining Lives) and a Spring musical (Ranked). Both productions were recognized with many Count Basie Awards. -All students participated in fall back-to-school class trips and Service Day in the spring, which supported 20 local non-profit organizations. FORM 990, PART XI, LINE 9: change in value of interest rate swap agreement - $263,709.