Is Triumphant Kingdom Builders Community Development Corp Legit?
Quick charity verification for Triumphant Kingdom Builders Community Development Corp (EIN: 200552352)
Verdict: Triumphant Kingdom Builders Community Development Corp shows mixed signals
45/100Mission Score
$59KRevenue
$992KAssets
4Red Flags
2Strengths
Red Flags
Highly inconsistent revenue generation, with multiple years reporting $0.
Significant increase in assets (from $1 to nearly $1 million) without corresponding revenue or clear explanation in the provided data.
Sudden appearance of $169,000 in liabilities in the latest filing after years of reporting zero.
Periods of zero reported expenses, suggesting potential inactivity or minimal program operations for extended durations.
Strengths
No reported officer compensation across all filings, indicating low executive overhead.
Substantial asset base of $992,370 in the latest period, providing potential for future program funding if managed effectively.
Spending Breakdown
How Triumphant Kingdom Builders Community Development Corp allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Triumphant Kingdom Builders Community Development Corp
Is Triumphant Kingdom Builders Community Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Triumphant Kingdom Builders Community Development Corp (EIN: 200552352) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Triumphant Kingdom Builders Community Development Corp a good charity to donate to?
Triumphant Kingdom Builders Community Development Corp has a Mission Score of 45/100. Revenue: $59K. Assets: $992K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Triumphant Kingdom Builders Community Development Corp?
The Employer Identification Number (EIN) for Triumphant Kingdom Builders Community Development Corp is 200552352. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Triumphant Kingdom Builders Community Development Corp spend its money?
Triumphant Kingdom Builders Community Development Corp allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Triumphant Kingdom Builders Community Development Corp's tax-exempt status?
You can verify Triumphant Kingdom Builders Community Development Corp's tax-exempt status using EIN 200552352 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Triumphant Kingdom Builders Community Development Corp exhibits a concerning financial pattern with very low and inconsistent revenue generation over its filing history. In the latest period (202212), the organization reported revenue of $58,500 against expenses of $59,730, indicating a slight deficit. Prior to this, there were multiple years with zero revenue and expenses, which raises questions about operational activity and financial sustainability. While the organization holds substantial assets of $992,370 in 2022, the source and utilization of these assets are not clearly supported by consistent program revenue or expenditures. The presence of $169,000 in liabilities in the latest period, after years of zero liabilities, also warrants further investigation.
The lack of consistent operational activity and revenue makes it difficult to assess spending efficiency accurately. The organization's NTEE code (B60 - Housing, Shelter) suggests a focus on community development, but the financial data does not consistently reflect significant program spending. The absence of reported officer compensation across all filings is a positive indicator for transparency regarding executive pay, but the overall financial picture suggests a need for greater clarity on how assets are being acquired and deployed to achieve its mission, especially given the sporadic nature of its reported financial activity.
Overall, the financial health appears precarious due to inconsistent funding and operational activity. While assets are high, the ability to generate consistent revenue to cover even modest expenses is a significant challenge. Transparency could be improved by providing more detailed explanations for the periods of zero activity and the substantial increase in assets without corresponding revenue.