Extreme revenue volatility (e.g., $2.9M in 2022 to $89K in 2023)
Significant deficit in 2023 (Expenses $1.3M vs. Revenue $89K)
Consistent reporting of $0 liabilities across all filings, which is unusual
0% officer compensation reported across all filings, potentially lacking transparency on leadership pay
Strengths
No reported liabilities across all filings, suggesting a debt-free status if accurate
Spending Breakdown
How Triumphant Mercy Ministries Inc 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 Mercy Ministries Inc
Is Triumphant Mercy Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Triumphant Mercy Ministries Inc (EIN: 203727626) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
Is Triumphant Mercy Ministries Inc a good charity to donate to?
Triumphant Mercy Ministries Inc has a Mission Score of 45/100. Revenue: $143K. Assets: $257K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Triumphant Mercy Ministries Inc?
The Employer Identification Number (EIN) for Triumphant Mercy Ministries Inc is 203727626. 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 Mercy Ministries Inc spend its money?
Triumphant Mercy Ministries Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Triumphant Mercy Ministries Inc's tax-exempt status?
You can verify Triumphant Mercy Ministries Inc's tax-exempt status using EIN 203727626 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 Mercy Ministries Inc exhibits highly volatile financial performance over the past decade, with significant swings in revenue and expenses. For instance, revenue plummeted from $2,896,806 in 2022 to $89,471 in 2023, while expenses surged from $1,688,847 to $1,322,392 in the same period, indicating a substantial deficit. The organization consistently reports $0 in liabilities across all available filings, which is unusual and could suggest either extremely strong financial management or incomplete reporting. The absence of reported officer compensation across all filings suggests either a fully volunteer-run leadership or that compensation is not being reported in a standard manner, which could impact transparency. The dramatic fluctuations in financial activity make it challenging to assess long-term stability and consistent operational capacity.