Trinity Health Ministries Inc
Trinity Health Ministries Inc. faces recent operational deficits despite consistent revenue and no reported officer compensation.
EIN: 203113032 · Maryville, TN · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $324K |
| Program Spending | 85% |
| Net Assets | $363K |
| Transparency Score | 78/100 |
Is Trinity Health Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinity Health Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinity Health Ministries Inc
Trinity Health Ministries Inc (EIN: 203113032) is a nonprofit organization based in Maryville, TN, classified under NTEE code E32. The organization reported total revenue of $264K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Health Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trinity Health Ministries Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $324K |
| Surplus / Deficit | $-59,954 |
| Total Assets | $366K |
| Total Liabilities | $3K |
| Net Assets | $363K |
| Operating Margin | -22.7% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2023, Trinity Health Ministries Inc reported a deficit of $60K with expenses exceeding revenue, holds 13.6 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 (2011–2023), Trinity Health Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.5% | +55.8% | -13.8% |
| 2022 | -9.1% | -10.0% | -3.9% |
| 2021 | -24.5% | +16.6% | -7.1% |
| 2020 | +7.9% | -5.9% | +15.6% |
| 2019 | -1.4% | -2.6% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trinity Health Ministries Inc with a Mission Score of 78 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Trinity Health Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either uncompensated volunteers or compensated through non-officer roles, which is highly favorable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Trinity Health Ministries Inc's IRS 990 filings:
- Expenses exceeding revenue in the last three consecutive periods (2021-2023)
- Declining asset base since 2020 ($475,375 to $365,997 in 2023)
Strengths
The following positive indicators were identified for Trinity Health Ministries Inc:
- Consistent 0% officer compensation across all filings, indicating strong program focus
- Very low liabilities ($2,928 in 2023), suggesting good financial management of debt
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance
- Consistent revenue generation over a decade, demonstrating stable donor base or funding streams
Frequently Asked Questions about Trinity Health Ministries Inc
Is Trinity Health Ministries Inc a legitimate charity?
Trinity Health Ministries Inc (EIN: 203113032) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 78/100. It has 13 years of IRS 990 filings on record. Total revenue: $264K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Trinity Health Ministries Inc spend its money?
Trinity Health Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trinity Health Ministries Inc tax-deductible?
Trinity Health Ministries Inc is registered as a tax-exempt nonprofit (EIN: 203113032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trinity Health Ministries Inc's spending goes to programs?
Trinity Health Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trinity Health Ministries Inc compare to similar nonprofits?
With a transparency score of 78/100 (Good), Trinity Health Ministries Inc is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trinity Health Ministries Inc located?
Trinity Health Ministries Inc is headquartered in Maryville, Tennessee and files with the IRS under EIN 203113032. It is classified under NTEE code E32.
How many years of IRS 990 filings does Trinity Health Ministries Inc have?
Trinity Health Ministries 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 $264K in total revenue.
Is Trinity Health Ministries Inc. financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenue in the last three reported periods (2021, 2022, 2023), leading to a decline in assets from $475,375 in 2020 to $365,997 in 2023. While current liabilities are low, this trend suggests potential long-term sustainability challenges if not reversed.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation across all filings is a strong indicator of a highly mission-driven approach, potentially allowing a greater proportion of funds to be directed towards programs. It suggests a volunteer-led or very lean administrative structure at the top.
What is the trend in the organization's assets?
Assets have generally increased from $106,872 in 2014 to a peak of $475,375 in 2020, but have since declined to $365,997 in 2023, primarily due to recent operational deficits where expenses have outpaced revenue.
Filing History
IRS 990 filing history for Trinity Health Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Health Ministries Inc's revenue has grown by 39.6%, moving from $189K to $264K. Total assets increased by 165.2% over the same period, from $138K to $366K. Total functional expenses rose by 93.6%, from $167K to $324K. In its most recent filing year (2023), Trinity Health Ministries Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $3K in liabilities against $366K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $363K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $324K | $366K | $3K | — | — |
| 2022 | $180K | $208K | $425K | $2K | — | — |
| 2021 | $198K | $231K | $442K | $1K | — | View 990 |
| 2020 | $263K | $198K | $475K | $1K | — | — |
| 2019 | $243K | $211K | $411K | $1K | — | View 990 |
| 2018 | $247K | $216K | $378K | $1K | — | View 990 |
| 2017 | $321K | $220K | $348K | $1K | — | View 990 |
| 2016 | $275K | $187K | $246K | $0 | — | View 990 |
| 2015 | $227K | $174K | $159K | $591 | — | View 990 |
| 2014 | $200K | $278K | $107K | $2K | — | View 990 |
| 2013 | $225K | $233K | $183K | $0 | — | View 990 |
| 2012 | $220K | $168K | $190K | $0 | — | View 990 |
| 2011 | $189K | $167K | $138K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $324K, and assets of $366K (revenue +46.5% year-over-year).
- 2022: Revenue of $180K, expenses of $208K, and assets of $425K (revenue -9.1% year-over-year).
- 2021: Revenue of $198K, expenses of $231K, and assets of $442K (revenue -24.5% year-over-year).
- 2020: Revenue of $263K, expenses of $198K, and assets of $475K (revenue +7.9% year-over-year).
- 2019: Revenue of $243K, expenses of $211K, and assets of $411K (revenue -1.4% year-over-year).
- 2018: Revenue of $247K, expenses of $216K, and assets of $378K (revenue -23.2% year-over-year).
- 2017: Revenue of $321K, expenses of $220K, and assets of $348K (revenue +16.9% year-over-year).
- 2016: Revenue of $275K, expenses of $187K, and assets of $246K (revenue +21.0% year-over-year).
- 2015: Revenue of $227K, expenses of $174K, and assets of $159K (revenue +13.4% year-over-year).
- 2014: Revenue of $200K, expenses of $278K, and assets of $107K (revenue -11.1% year-over-year).
- 2013: Revenue of $225K, expenses of $233K, and assets of $183K (revenue +2.6% year-over-year).
- 2012: Revenue of $220K, expenses of $168K, and assets of $190K (revenue +16.2% year-over-year).
- 2011: Revenue of $189K, expenses of $167K, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trinity Health Ministries Inc:
Data Sources and Methodology
This transparency report for Trinity Health Ministries 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.