Trinity Trust Missions Inc
Trinity Trust Missions Inc maintains stable assets and zero executive compensation amidst fluctuating revenues.
EIN: 204458596 · Corydon, IN · NTEE: X20 · Updated: 2026-03-28
About Trinity Trust Missions Inc
Trinity Trust Missions Inc (EIN: 204458596) is a nonprofit organization based in Corydon, IN, classified under NTEE code X20. The organization reported total revenue of $133K and total assets of $485K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinity Trust Missions Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trinity Trust Missions Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Trinity Trust Missions Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Trinity Trust Missions Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries. This is a significant positive for a nonprofit of its size, suggesting a volunteer-driven or very lean leadership structure.
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.
Strengths
The following positive indicators were identified for Trinity Trust Missions Inc:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- No reported liabilities across all 13 filings, demonstrating strong financial solvency.
- Stable and substantial asset base (e.g., $509,999 in 2023) relative to its annual expenses.
- Consistent filing of IRS 990 forms, indicating good regulatory compliance and transparency.
Frequently Asked Questions about Trinity Trust Missions Inc
Is Trinity Trust Missions Inc a good charity?
Based on the provided data, Trinity Trust Missions Inc appears to be a financially sound organization with strong transparency regarding executive compensation (0%). Its consistent asset base and lack of liabilities are positive indicators. To fully assess its 'goodness,' one would need more details on its program effectiveness and impact.
How has Trinity Trust Missions Inc's revenue trended over the last few years?
Trinity Trust Missions Inc's revenue has fluctuated significantly. It saw a peak in 2021 with $352,527, but then decreased to $109,344 in 2022 and rebounded slightly to $149,970 in 2023. This indicates variability in its funding sources.
What is the organization's financial solvency?
The organization demonstrates strong financial solvency, consistently reporting $0 in liabilities across all filings. Its assets have remained robust, ranging from $477,552 to $602,931, significantly exceeding annual expenses.
Filing History
IRS 990 filing history for Trinity Trust Missions Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinity Trust Missions Inc's revenue has grown by 35.8%, moving from $110K to $150K. Total assets increased by 5.1% over the same period, from $485K to $510K. Total functional expenses rose by 109.2%, from $74K to $154K. In its most recent filing year (2023), Trinity Trust Missions Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $154K | $510K | $0 | — | — |
| 2022 | $109K | $198K | $514K | $0 | — | View 990 |
| 2021 | $353K | $223K | $603K | $0 | — | View 990 |
| 2020 | $93K | $88K | $487K | $0 | — | View 990 |
| 2019 | $97K | $103K | $483K | $0 | — | View 990 |
| 2018 | $89K | $78K | $489K | $0 | — | View 990 |
| 2017 | $67K | $69K | $478K | $0 | — | — |
| 2016 | $47K | $47K | $480K | $0 | — | View 990 |
| 2015 | $65K | $64K | $480K | $0 | — | View 990 |
| 2014 | $47K | $55K | $479K | $0 | — | View 990 |
| 2013 | $56K | $51K | $488K | $0 | — | View 990 |
| 2012 | $61K | $64K | $483K | $0 | — | View 990 |
| 2011 | $110K | $74K | $485K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $154K, and assets of $510K (revenue +37.2% year-over-year).
- 2022: Revenue of $109K, expenses of $198K, and assets of $514K (revenue -69.0% year-over-year).
- 2021: Revenue of $353K, expenses of $223K, and assets of $603K (revenue +279.4% year-over-year).
- 2020: Revenue of $93K, expenses of $88K, and assets of $487K (revenue -4.4% year-over-year).
- 2019: Revenue of $97K, expenses of $103K, and assets of $483K (revenue +9.1% year-over-year).
- 2018: Revenue of $89K, expenses of $78K, and assets of $489K (revenue +33.0% year-over-year).
- 2017: Revenue of $67K, expenses of $69K, and assets of $478K (revenue +43.4% year-over-year).
- 2016: Revenue of $47K, expenses of $47K, and assets of $480K (revenue -27.7% year-over-year).
- 2015: Revenue of $65K, expenses of $64K, and assets of $480K (revenue +36.6% year-over-year).
- 2014: Revenue of $47K, expenses of $55K, and assets of $479K (revenue -16.0% year-over-year).
- 2013: Revenue of $56K, expenses of $51K, and assets of $488K (revenue -7.4% year-over-year).
- 2012: Revenue of $61K, expenses of $64K, and assets of $483K (revenue -44.9% year-over-year).
- 2011: Revenue of $110K, expenses of $74K, and assets of $485K.
Data Sources and Methodology
This transparency report for Trinity Trust Missions 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.