Quick charity verification for Triumphant Ministries International Inc (EIN: 203529217)
Verdict: Triumphant Ministries International Inc appears trustworthy
85/100Mission Score
$294KRevenue
$1.3MAssets
3Red Flags
5Strengths
Red Flags
Lack of detailed program expense breakdown in available data
Unusually low expenses relative to revenue in some years (e.g., 2021: $36,144 expenses vs. $298,969 revenue) which could indicate significant cash reserves rather than active program spending
No reported officer compensation for an organization with over $1 million in assets, which could imply volunteer leadership or non-standard compensation structures not fully transparent in the 990.
Strengths
Consistent and significant financial surpluses, indicating strong financial health.
Remarkable asset growth over the past decade, from $68,060 in 2014 to over $1 million in 2023.
Very low liabilities, demonstrating minimal debt and strong financial stability.
No reported officer compensation, suggesting a high dedication to directing funds towards the mission or asset building.
Consistent filing of IRS Form 990s, providing a good record of financial transparency.
Spending Breakdown
How Triumphant Ministries International Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Ministries International Inc
Is Triumphant Ministries International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Triumphant Ministries International Inc (EIN: 203529217) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.
Is Triumphant Ministries International Inc a good charity to donate to?
Triumphant Ministries International Inc has a Mission Score of 85/100. Revenue: $294K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Triumphant Ministries International Inc?
The Employer Identification Number (EIN) for Triumphant Ministries International Inc is 203529217. 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 Ministries International Inc spend its money?
Triumphant Ministries International Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Triumphant Ministries International Inc's tax-exempt status?
You can verify Triumphant Ministries International Inc's tax-exempt status using EIN 203529217 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 Ministries International Inc demonstrates a strong financial position with consistently growing assets and a healthy surplus in recent years. For example, in 2023, the organization reported revenue of $295,493 against expenses of $119,886, resulting in a significant surplus that contributed to its asset growth from $914,446 in 2022 to $1,085,892 in 2023. The organization's liabilities remain very low, indicating good financial management and minimal debt burden.
The spending efficiency appears robust, particularly given the low expense ratios relative to revenue in recent periods. The absence of reported officer compensation across all available filings suggests that administrative costs are kept low, allowing a greater proportion of funds to be directed towards programs or asset building. This is a positive indicator for donors concerned about how their contributions are utilized.
Regarding transparency, the consistent filing of IRS Form 990s over 13 periods provides a good historical record of the organization's financial activities. The detailed breakdown of revenue, expenses, and assets in these public documents allows for a clear understanding of its financial trajectory and operational efficiency. The lack of officer compensation also simplifies the analysis of how funds are allocated.