Triangle Community Ministry Inc
EIN: 391425047 · Madison, WI · NTEE: P28
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $113K |
| Net Assets | $118K |
Is Triangle Community Ministry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Triangle Community Ministry Inc
Triangle Community Ministry Inc (EIN: 391425047) is a nonprofit organization based in Madison, WI, classified under NTEE code P28. The organization reported total revenue of $121K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triangle Community Ministry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Triangle Community Ministry Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $113K |
| Surplus / Deficit | +$7K |
| Total Assets | $119K |
| Total Liabilities | $990 |
| Net Assets | $118K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 12.7 months |
Financial Health Grade: A
In 2024, Triangle Community Ministry Inc reported a surplus of $7K with revenue exceeding expenses, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Triangle Community Ministry Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.1% | +31.5% | -13.1% |
| 2023 | +0.3% | -7.2% | +21.9% |
| 2022 | +3.6% | +16.8% | +47.3% |
| 2021 | +36.7% | +21.1% | +65.0% |
| 2020 | +4.7% | -25.8% | +42.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Triangle Community Ministry Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Triangle Community Ministry Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Triangle Community Ministry Inc
Is Triangle Community Ministry Inc a legitimate charity?
Triangle Community Ministry Inc (EIN: 391425047) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $121K. No red flags identified. Financial health grade: A.
How does Triangle Community Ministry Inc spend its money?
Triangle Community Ministry Inc reported $121K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Triangle Community Ministry Inc tax-deductible?
Triangle Community Ministry Inc is registered as a tax-exempt nonprofit (EIN: 391425047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Triangle Community Ministry Inc located?
Triangle Community Ministry Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 391425047. It is classified under NTEE code P28.
How many years of IRS 990 filings does Triangle Community Ministry Inc have?
Triangle Community Ministry Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $121K in total revenue.
Filing History
IRS 990 filing history for Triangle Community Ministry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Triangle Community Ministry Inc's revenue has grown by 93.9%, moving from $62K to $119K. Total assets increased by 425.9% over the same period, from $23K to $119K. Total functional expenses rose by 73.4%, from $65K to $113K. In its most recent filing year (2024), Triangle Community Ministry Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $990 in liabilities against $119K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $118K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $119K | $113K | $119K | $990 | — | View 990 |
| 2023 | $113K | $86K | $137K | $0 | — | View 990 |
| 2022 | $112K | $92K | $113K | $2K | — | View 990 |
| 2021 | $108K | $79K | $76K | $6K | — | View 990 |
| 2020 | $79K | $65K | $46K | $7K | — | View 990 |
| 2019 | $76K | $88K | $32K | $7K | — | View 990 |
| 2018 | $89K | $83K | $44K | $18K | — | View 990 |
| 2017 | $73K | $99K | $30K | $9K | — | View 990 |
| 2016 | $93K | $84K | $51K | $5K | — | View 990 |
| 2015 | $67K | $58K | $43K | $5K | — | View 990 |
| 2014 | $59K | $42K | $33K | $4K | — | View 990 |
| 2013 | $65K | $71K | $17K | $5K | — | View 990 |
| 2012 | $62K | $65K | $23K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $119K, expenses of $113K, and assets of $119K (revenue +6.1% year-over-year).
- 2023: Revenue of $113K, expenses of $86K, and assets of $137K (revenue +0.3% year-over-year).
- 2022: Revenue of $112K, expenses of $92K, and assets of $113K (revenue +3.6% year-over-year).
- 2021: Revenue of $108K, expenses of $79K, and assets of $76K (revenue +36.7% year-over-year).
- 2020: Revenue of $79K, expenses of $65K, and assets of $46K (revenue +4.7% year-over-year).
- 2019: Revenue of $76K, expenses of $88K, and assets of $32K (revenue -14.7% year-over-year).
- 2018: Revenue of $89K, expenses of $83K, and assets of $44K (revenue +21.6% year-over-year).
- 2017: Revenue of $73K, expenses of $99K, and assets of $30K (revenue -21.1% year-over-year).
- 2016: Revenue of $93K, expenses of $84K, and assets of $51K (revenue +38.7% year-over-year).
- 2015: Revenue of $67K, expenses of $58K, and assets of $43K (revenue +13.8% year-over-year).
- 2014: Revenue of $59K, expenses of $42K, and assets of $33K (revenue -9.6% year-over-year).
- 2013: Revenue of $65K, expenses of $71K, and assets of $17K (revenue +5.4% year-over-year).
- 2012: Revenue of $62K, expenses of $65K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Triangle Community Ministry Inc:
Data Sources and Methodology
This transparency report for Triangle Community Ministry Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.