Provided are TCA’s Audited Financials for the 2019/2020 school year. These financials include an additional line item for a loan through the Payroll Protection Program (PPP) that TCA received to help ensure that all faculty, coaches, and staff continued to receive full pay and benefits through the unexpected pandemic season of Spring 2020 which necessitated major shifts in all realms of school operation. PPP proceeds also helped make it possible for the waiver of the Spring Athletic Fee and a tuition refund for Infants and Toddlers for April and May as these programs do not have tuition insurance and were forced to close completely for a period of time. Significant additional expenses were incurred in order to begin school in person and also to offer and sustain a full virtual learning enrollment option in light of an unknown and further developing pandemic season. The 2019/2020 financials also reflect more distributed financial aid dollars than any year in school history. Trinity Christian Academy always desires to reflect careful, conscientious stewardship of the resources necessary to manage operations of a mission-focused and excellence-driven school. TCA is blessed to present a solid statement of operations for the 2019-2020 school year. To God be the glory.
