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Education · 2024 Form 990

Trine University Inc: $211.6M Revenue, $151.0M Expenses

Angola, Indiana · EIN 350715530 · Filing year 2024

Trine University Inc reported $211.6M in total revenue, $151.0M in total expenses, and $364.7M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $1.8M (0.84% of revenue). NonprofitTruth efficiency grade: A (83/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.

Reviewed by NonprofitTruth Editorial Team · Updated
A
Efficiency Score
83/100

Key Facts (2024 Form 990)

Total Revenue
$211.6M
Total Expenses
$151.0M
Total Assets
$364.7M
Reserve Months
29.0 months
Surplus / (Deficit)
$60.7M
EIN
350715530
Latest 990 Year
2024
Current-Officer Compensation
$1.8M
Officer Comp % of Revenue
0.84%

On the NonprofitTruth efficiency rubric, Trine University Inc pulls an A — the highest available grade. The 83/100 composite reflects strong financial reserves, controlled officer compensation, and the kind of multi-year financial discipline that grant-makers look for.

Trine University Inc is a large nonprofit by U.S. standards: $211.6M in 2024 revenue against $151.0M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Financial health is a strength: Trine University Inc carries a healthy operating-reserve cushion against $151.0M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue trajectory is strongly positive: Trine University Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Trine University Inc reports $1.8M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $211.6M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Trine University Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$211.6M
Revenue
$151.0M
Expenses
$364.7M
Total Assets
$1.8M
Officer Compensation

How Trine University Inc Compares

Trine University Inc earns a NonprofitTruth efficiency grade of A (83/100). That is 19 points above the Education category average. Compensation for current officers and key employees represents 0.84% of total revenue. The organization holds 29.0 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$151.0M
Total Expenses
Filing year 2024
$1.8M
Officer Compensation
0.84% of revenue
29.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Trine University Inc reported $211.6M in revenue against $151.0M in total functional expenses for filing year 2024, holding roughly 29.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.8M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.84% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Trine University Inc has a NonprofitTruth Efficiency Score of A (83/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Trine University Inc, Donor FAQ

Trine University Inc has a NonprofitTruth Efficiency Score of A (83/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Trine University Inc reports $1.8M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.84% of the organization's $211.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Trine University Inc reported $211.6M in annual revenue and $151.0M in total expenses for filing year 2024. The organization holds $364.7M in total assets.

Trine University Inc holds approximately 29.0 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its A efficiency grade.

Trine University Inc is a registered 501(c) organization with EIN 350715530, based in Angola, Indiana. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.