Understanding Trinity’s Finances
Audited Financial Statements
Trinity engages the accounting firm of Brown Edwards LLP to conduct the annual audit, and the audited financial statements provide a detailed picture of Trinity’s finances. Trinity’s fiscal year runs from July 1 to June 30.
Click on the fiscal year of interest to you below to go to the audited financial statements for those years:
- FISCAL 2017 AUDITED FINANCIAL STATEMENTS
- FISCAL 2016 AUDITED FINANCIAL STATEMENTS
- Fiscal 2015 Audited Financial Statements
- Fiscal 2014 Audit (July 1, 2013 to June 30, 2014)
- Fiscal 2013 Audit (July 1, 2012 to June 30, 2013)
- Fiscal 2012 Audit (July 1, 2011 to June 30, 2012)
- Fiscal 2011 (July 1, 2010 to June 30, 2011)
- Fiscal 2010 (July 1, 2009 to June 30, 2010)
- Fiscal 2009 (July 1, 2008 to June 30, 2009)
- Fiscal 2008 (July 1, 2007 to June 30, 2008)
- Fiscal 2007 (July 1, 2006 to June 30, 2007)
- Fiscal 2006 (July 1, 2005 to June 30, 2006)
Tax Returns: Form 990
To view copies of Trinity’s federal tax returns (Form 990) for the last several years, visit www.guidestar.org and search for Trinity College, Washington, DC
- 2015 Form 990
- 2014 Form 990 (Fiscal Year July 1, 2013 to June 30, 2014)
- 2013 Form 990
- 2012 FORM 990
- 2011 Form 990
- 2010 Form 990
- 2009 Form 990 (For the Fiscal Year 2010, July 1, 2009 to June 30, 2010)
Annual Operating Budget
In Fiscal Year 2018, the current year that runs from July 1, 2017 to June 30, 2018, Trinity’s net operating budget is just about $30 million. About 80% of the revenues in the budget come from tuition from all five academic units; the balance of the revenues comes from charitable gifts, federal and local grants, and auxiliary enterprises such as conferences and the Trinity Center.
The chart below illustrates the principal expenses for Trinity’s budget in Fiscal 2018. Total expenses = $40 million including $10 million in Trinity grants and scholarships to students; the net expenses are $30 million:
