Trinity Classical Academy, Valencia 
The information on this page was last updated 10/9/2026. If you see errors or omissions, please email: [email protected]
Summary
At Trinity Classical Academy, every aspect of education is intentionally grounded in biblical truth, a distinctly classical Christian vision of formation, and meaningful relationships.
Contact information
Mailing address:
Trinity Classical Academy
28310 Kelly Johnson Parkway
Valencia, CA 91355
Website: www.trinityclassicalacademy.com
Phone: 661-296-2601
Email: [email protected]
Organization details
EIN: 954790280
CEO/President: Liz Caddow
Chairman: Tom Lescher
Board size: 5
Founder: Liz & Wally Caddow
Ruling year: 2001
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
At Trinity, we are learning how to learn. A Christ-centered Classical Education is timeless and tested, while still relevant and forward-thinking for today's modern world. This approach brings learning to 21st century kids with an emphasis on literature, mathematics, history, languages, art, science, music, and logic. Trinity partners with you to help raise kids of confidence and character who are well-equipped for future success.
Mission statement
Our mission is to offer a challenging education grounded in the Christian faith and the Classical tradition to produce young men and women of virtue, wisdom, purpose, and courage.
Statement of faith
We believe the Bible to be the only inerrant, authoritative Word of God and the sufficient, final authority for the church (2 Timothy 3:16-17, Galatians 1:8-9, 2 Thessalonians 2:2, 2 Peter 1:19-21, I John 5:9, 1 Thessalonians 2:13, Psalm 18:30).
We believe that there is one God, eternally existent in three Persons: Father, Son, and Holy Spirit. They are the same in substance, equal in power and glory (2 Corinthians 13:14).
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory (1 Timothy 2:5).
We believe that for the salvation of lost and sinful men, regeneration by the Holy Spirit is absolutely necessary (Ezekiel 36:26-27; Titus 3:5).
We believe that salvation is by grace alone through faith alone in Christ alone (Ephesians 2:8-9; Titus 3:5-7).
We believe that faith without works is dead (James 2:14, 17; Titus 3:8).
We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life by convicting us of sin, comforting us, guiding us, giving us spiritual gifts and the desire to obey God; and he enables us to pray and to understand God's Word (Ephesians 6:17-18).
We believe in the resurrection of both the saved and the lost, they that are saved to the resurrection of life and they that are lost to the resurrection of damnation (John 5:29).
We believe in the spiritual unity of all believers in our Lord Jesus Christ (Ephesians 4:3; 1 Corinthians 12:13).
We believe that Jesus Christ is Head of the church, comprised of all true believers in Him. Christians are to associate themselves as members of local churches and to serve Jesus Christ faithfully in carrying out the Great Commission. Each church has the authority and right from Jesus Christ to govern itself and to administer order, to worship, and to carry out its various ministries (Ephesians 1:22; Colossians 1:18).
We believe that man was created to glorify God in all that he does (1 Corinthians 10:31).
Donor confidence score
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Transparency grade
D
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Financial efficiency ratings
Sector: K-12 Schools/Academies
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1120 of 1582 | 223 of 271 |
| Fund acquisition rating | | 1081 of 1583 | 198 of 271 |
| Resource allocation rating | | 1025 of 1583 | 183 of 271 |
| Asset utilization rating | | 827 of 1583 | 152 of 271 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 9% | 26% | 35% | 20% | 6% | 32% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 1% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 12% | 6% | 5% | 7% | 29% | 7% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 1% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 88% | 94% | 95% | 93% | 71% | 93% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 80% | 84% | 85% | 85% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 93% | 99% | 98% | 97% | 87% | 105% |
Program output ratio Program output ratio = Program services / Total revenue | 77% | 79% | 82% | 82% | 74% | 89% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 7% | 1% | 2% | 3% | 13% | -5% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 7% | 5% | 8% | 10% | 60% | -52% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 19% | 14% | 14% | 14% | 13% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.54 | 0.54 | 0.51 | 0.47 | 0.43 | 0.45 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 3.13 | 4.15 | 4.11 | 4.10 | 5.19 | 5.80 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.98 | 2.24 | 2.09 | 1.93 | 2.23 | 2.59 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 2.80 | 6.10 | 4.97 | 5.63 | 4.63 | 4.18 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.35 | 0.16 | 0.20 | 0.18 | 0.22 | 0.24 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.53 | 4.47 | 4.58 | 5.11 | 4.22 | 3.52 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 30% | 83% | 84% | 85% | 89% | 96% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 77% | 77% | 78% | 81% | 86% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 116% | 31% | 31% | 31% | 25% | 9% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Cash | $2,300,609 | $2,598,704 | $2,068,175 | $1,211,812 | $1,444,846 |
| Receivables, inventories, prepaids | $505,613 | $445,557 | $1,039,542 | $1,030,507 | $475,290 |
| Short-term investments | $2,165,701 | $2,032,546 | $1,958,465 | $1,673,049 | $1,579,213 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $4,971,923 | $5,076,807 | $5,066,182 | $3,915,368 | $3,499,349 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $15,665,117 | $15,770,682 | $15,704,636 | $15,792,972 | $16,094,705 |
| Other long-term assets | $0 | $0 | $0 | $622,825 | $698,778 |
| Total long-term assets | $15,665,117 | $15,770,682 | $15,704,636 | $16,415,797 | $16,793,483 |
| Total assets | $20,637,040 | $20,847,489 | $20,770,818 | $20,331,165 | $20,292,832 |
| Liabilities | 2025 | 2024 | 2023 | 2021 | 2020 |
| Payables and accrued expenses | $219,715 | $346,324 | $195,392 | $160,563 | $199,854 |
| Other current liabilities | $594,935 | $675,455 | $703,829 | $684,257 | $636,372 |
| Total current liabilities | $814,650 | $1,021,779 | $899,221 | $844,820 | $836,226 |
| Debt | $15,862,936 | $16,028,651 | $16,184,272 | $16,430,060 | $17,370,748 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $457,396 | $482,850 | $630,794 | $887,187 | $1,271,388 |
| Total long-term liabilities | $16,320,332 | $16,511,501 | $16,815,066 | $17,317,247 | $18,642,136 |
| Total liabilities | $17,134,982 | $17,533,280 | $17,714,287 | $18,162,067 | $19,478,362 |
| Net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Without donor restrictions | $3,502,058 | $3,314,209 | $3,056,531 | $2,140,748 | $769,170 |
| With donor restrictions | $0 | $0 | $0 | $28,350 | $45,300 |
| Net assets | $3,502,058 | $3,314,209 | $3,056,531 | $2,169,098 | $814,470 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2021 | 2020 |
| Total contributions | $687,420 | $531,273 | $669,295 | $2,880,969 | $583,541 |
| Program service revenue | $10,512,405 | $10,228,723 | $9,293,982 | $6,959,613 | $7,868,230 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $122,995 | $126,357 | $132,207 | $35,867 | $45,893 |
| Other revenue | $0 | $0 | $0 | $166,639 | $152,086 |
| Total other revenue | $10,635,400 | $10,355,080 | $9,426,189 | $7,162,119 | $8,066,209 |
| Total revenue | $11,322,820 | $10,886,353 | $10,095,484 | $10,043,088 | $8,649,750 |
| Expenses | 2025 | 2024 | 2023 | 2021 | 2020 |
| Program services | $8,915,360 | $8,912,644 | $8,290,128 | $7,393,794 | $7,731,656 |
| Management and general | $2,065,046 | $1,534,631 | $1,356,447 | $1,181,963 | $1,158,160 |
| Fundraising | $177,750 | $185,870 | $131,197 | $160,734 | $185,083 |
| Total expenses | $11,158,156 | $10,633,145 | $9,777,772 | $8,736,491 | $9,074,899 |
| Change in net assets | 2025 | 2024 | 2023 | 2021 | 2020 |
| Surplus (deficit) | $164,664 | $253,208 | $317,712 | $1,306,597 | ($425,149) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $164,664 | $253,208 | $317,712 | $1,306,597 | ($425,149) |
Compensation
| Name | Title | Compensation |
| Sarah E Caddow | President | $350,307 |
| Jeffrey Kulp | Chief Operations Officer | $180,650 |
| Matthew Dixon | Principal - Grammar | $153,424 |
| Wendy Massetto | Principal - Upper School | $127,444 |
| M Teresa Servera | Director of Human Resources | $115,672 |
Compensation data as of: 6/30/2025
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/9/2026. To update the information below, please email: [email protected]