Trine University Inc
92% goes to programs $18 to raise $100 Strong reserves Growing revenue
Trine University Inc is a 501(c)(3) organization based in Angola, Indiana, registered in 1948, with $211,620,138 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
1 University Ave, Angola, IN, 46703 EIN 35-0715530 Since 1948
Revenue (FY2023)
$211.6M
▲ 12.9% vs prior year
Education median: $200K
Expenses (FY2023)
$151.0M
Net assets
$323.7M
Employees
1,803
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating92% to programs · $18 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Trine University Inc: 92% to programs · $18 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · +29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Trine University Inc: 26 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Trine University Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Trine University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Trine, an internationally recognized private, independent, co-educational institution offers degrees in various programs including engineering, math, science and business.
What they do
The allen school of engineering and computing served 882 students in the 2022/2023 academic year. the school's mission is to promote the application of science and technology by preparing graduates for the practice of engineering, engineering technology, and computing at the professional level. to attain its vision, the school focus on producing engineers and technologists who have a broad education; see themselves as global citizens; have the potential for leadership in business and public service; and have a strong ethical foundation. the school offers bachelor of science in engineering degrees in biomedical, chemical, civil, computer, electrical, mechanical, mechatronics and robotics, and software engineering, plus bachelor's degrees in computer science and information technology, design engineering technology, and extended reality. students can minor in aeronautical, biomedical, bioprocess, energy, environmental, metallurgical, plastics, software, and structural engineering, as well as in cybersecurity, data science, game design & esports, and robotics. potential for individual success.
The mission of the college of graduate and professional studies (cgps) at trine university is to focus on continuous improvement while providing a diverse population of learners a high-quality online education, where they will receive personalized support, preparing them to succeed in the organizations and communities the lead and serve. in the academic year of 2022-2023, cgps served over 7,300 students, encompassing both international and domestic degree seeking students, consortium students, as well as traditional and dual enrollment students who were enrolled in online classes. cgps offers a comprehensive selection of undergraduate programs, including business administration, criminal justice, psychology, engineering, technology, healthcare, leadership, and general studies. additionally, cgps provides a variety of master's degrees in business administration, business analytics, criminal justice, engineering management, information studies, and leadership. for those aspiring to further their academic pursuits, cgps also offers a doctoral program in information technology.
Contact & location
- Address
- 1 University Ave, Angola, IN, 46703
- City
- Angola
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.7M (FY2013) to $211.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $41.0MNet assets $323.7M
Operating margin
28.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$364.7M
Total liabilities
$41.0M
Net assets
$323.7M
Salaries & benefits
$51.2M
34% of expenses
Board members
25
24 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $211,620,138▲12.9% | $150,968,710▲15.9% | $323,725,700▲26.0% | $364,746,007▲21.9% | 990 |
| 2022 | $187,400,612▲37.1% | $130,306,232▲11.8% | $256,943,209▲29.8% | $299,322,114▲27.1% | 990 |
| 2021 | $136,639,555▲12.1% | $116,503,232▲8.5% | $197,992,120▲7.6% | $235,561,349▲6.2% | 990 |
| 2020 | $121,889,140▲7.7% | $107,424,778▲6.9% | $183,930,982▲16.9% | $221,741,150▲12.5% | 990 |
| 2019 | $113,182,460▲9.7% | $100,492,245▲3.7% | $157,350,171▲5.7% | $197,072,495▲1.1% | 990 |
| 2018 | $103,159,612▲1.7% | $96,905,593▲5.6% | $148,877,386▲6.1% | $194,861,077▲2.6% | 990 |
| 2017 | $101,478,461▲2.6% | $91,749,242▲10.6% | $140,371,961▲9.3% | $189,934,053▲10.2% | 990 |
| 2016 | $98,896,297▲1.2% | $82,922,745▲5.4% | $128,400,100▲16.8% | $172,334,925▲12.0% | 990 |
| 2015 | $97,716,642▲22.3% | $78,651,617▲12.0% | $109,946,067▲19.2% | $153,934,162▲12.3% | 990 |
| 2014 | $79,910,010▲13.0% | $70,234,590▲15.3% | $92,250,032▲11.1% | $137,026,244▲9.3% | 990 |
| 2013 | $70,689,349 | $60,930,457▲7.7% | $83,024,534▲27.8% | $125,330,564▲17.3% | 990 |
| 2011 | — | $56,597,852▲6.6% | $64,951,296▲12.7% | $106,840,015▲7.4% | 990 |
| 2010 | — | $53,094,799 | $57,620,201 | $99,465,204 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dr Earl D Brooks II — $754,771 (0.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Earl D Brooks II | Chancellor | 50 | $754,771 |
| Dr John Shannon | President/ceo | 50 | $263,176 |
| Ms Gretchen Miller | Svp/coo | 50 | $206,320 |
| Mr Aleksandr Kutsenok | Assistant Professor | 50 | $180,898 |
| Dr Catherine Swick | Provost | 50 | $179,218 |
| Ms Kayla Warren | V.p. Finance | 50 | $167,016 |
| Dr Darryl Webber | Mechanical Engineering Professor | 50 | $166,622 |
| Mr Matthew Land | Athletic Director | 50 | $166,602 |
| Dr Ryan Dombkowski | Professor | 50 | $161,076 |
| Dr Keith Busse | Board Vice-chair | 1 | — |
| Mr Andrew R Hein | Board Memeber | 1 | — |
| Mr David Findlay | Board Member | 1 | — |
| Mr Derek Reiners | Board Member | 1 | — |
| Mr James Fabiani | Board Member | 1 | — |
| Mr Jason Stechschulte | Board Member | 1 | — |
| Mr Jeffrey Turner | Board Member | 1 | — |
| Mr Jerry Allen | Chair Emeritus | 1 | — |
| Mr Joe Jordan | Board Member | 1 | — |
| Mr John B Pellegrino Jr | Board Member | 1 | — |
| Mr Keith Turner | Board Member | 1 | — |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| Jici | Construction | $13,747,498 |
| Grukul Overseas | Recruitment | $7,064,198 |
| Bon Appetit | Food Service | $6,592,611 |
| Michael Kinder Sons Inc | Construction | $4,116,685 |
| Design Collaborative Inc | Drafting/design | $1,553,617 |
Grants received · $3.4M total
64 grants to Trine University Inc totaling $3.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $22,307 |
| Ayco Charitable Foundation | Education | 2024 | $20,000 |
| Parkview Health System Inc | Program funds | 2024 | $7,500 |
| American Online Giving Foundation Inc | General support | 2024 | $6,649 |
| Parkview Health System Inc | Future educational institution site | 2023 | $1,125,297 |
| Donor Advised Charitable Giving | Education | 2023 | $586,180 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $33,938 |
| Columbus Foundation | Education | 2023 | $26,300 |
| National Philanthropic Tr | Education | 2023 | $21,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $20,100 |
| Ayco Charitable Foundation | Education | 2023 | $20,000 |
| Cameron Memorial Community Hospital Inc | General support | 2023 | $15,650 |
| American Online Giving Foundation Inc | General support | 2023 | $7,776 |
| The Community Foundation of Louisville Inc | B43 university or technological | 2023 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $32,720 |
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Frequently asked questions
- Is Trine University Inc a legitimate nonprofit?
- Yes. Trine University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0715530, based in Angola, Indiana. Donations are tax-deductible.
- What is Trine University Inc's EIN?
- Trine University Inc's Employer Identification Number (EIN) is 35-0715530.
- How much revenue does Trine University Inc report?
- Trine University Inc reported $211,620,138 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trine University Inc's spending goes to programs?
- Trine University Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trine University Inc have?
- CharityIndex grades Trine University Inc A, based on program efficiency and fundraising cost.
- How much does Trine University Inc's highest-paid employee make?
- The highest reported compensation on Trine University Inc's latest Form 990 is $754,771, paid to Dr Earl D Brooks II (Chancellor).
More nonprofits in Angola
Explore more
Data for Trine University Inc (EIN 35-0715530) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.