Understanding Trinity's Finances

Audited Financial Statements

Trinity engages the accounting firm of Brown Edwards LLP to conduct the annual fiscal audit.  Trinity's fiscal year runs from July 1 to June 30.  To see the most recent audited financial statements click on one of the links below:

Fiscal 2007 audited financial statements

Fiscal 2006 audited financial statements

Annual Operating Budget

In Fiscal Year 2008, the current year that runs from July 1, 2007 to June 30, 2008, Trinity's operating budget is just about $24 million.  About 80% of the revenues in the budget come from tuition from all three schools; 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 sources of revenues for Trinity's budget in Fiscal 2008.  Total net revenues = $24 million.

Trinity's annual operating expenses are fairly typical for this kind of university.  The largest expense category is for personnel --- salaries and benefits comprise about 57% of the budget.  The next largest category is facilities, consuming about 15% of the budget.

The illustration below shows the allocation of money in Trinity's expense budget, for a total of $24 million in expenses: