Triumph Community Development Foundation
EIN: 821241514 · Memphis, TN · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $155K |
| Net Assets | $486 |
Is Triumph Community Development Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Triumph Community Development Foundation
Triumph Community Development Foundation (EIN: 821241514) is a nonprofit organization based in Memphis, TN, classified under NTEE code T20. The organization reported total revenue of $180K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triumph Community Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Triumph Community Development Foundation is a small nonprofit that has been operating for 9 years.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $155K |
| Surplus / Deficit | $-514 |
| Total Assets | $487 |
| Total Liabilities | $1 |
| Net Assets | $486 |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2019, Triumph Community Development Foundation reported a deficit of $514 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.2% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Triumph Community Development Foundation 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 Triumph Community Development Foundation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $514, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Triumph Community Development Foundation
Is Triumph Community Development Foundation a legitimate charity?
Triumph Community Development Foundation (EIN: 821241514) is a registered tax-exempt nonprofit based in Tennessee. Total revenue: $180K. No red flags identified. Financial health grade: C.
How does Triumph Community Development Foundation spend its money?
Triumph Community Development Foundation reported $180K in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Triumph Community Development Foundation tax-deductible?
Triumph Community Development Foundation is registered as a tax-exempt nonprofit (EIN: 821241514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Triumph Community Development Foundation located?
Triumph Community Development Foundation is headquartered in Memphis, Tennessee and files with the IRS under EIN 821241514. It is classified under NTEE code T20.
Filing History
IRS 990 filing history for Triumph Community Development Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2019), Triumph Community Development Foundation reported a deficit of $514, with expenses exceeding revenue. The organization holds $1 in liabilities against $487 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $486.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $154K | $155K | $487 | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Triumph Community Development Foundation:
Data Sources and Methodology
This transparency report for Triumph Community Development Foundation 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.