Triumphant Kingdom Builders Community Development Corp
Triumphant Kingdom Builders Community Development Corp shows sporadic financial activity with high assets but inconsistent revenue generation.
EIN: 200552352 · Birmingham, AL · NTEE: B60 · Updated: 2026-03-28
Is Triumphant Kingdom Builders Community Development Corp Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Triumphant Kingdom Builders Community Development Corp directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Triumphant Kingdom Builders Community Development Corp
Triumphant Kingdom Builders Community Development Corp (EIN: 200552352) is a nonprofit organization based in Birmingham, AL, classified under NTEE code B60. The organization reported total revenue of $59K and total assets of $992K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triumphant Kingdom Builders Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Triumphant Kingdom Builders Community Development Corp is a micro nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $60K |
| Surplus / Deficit | $-1,230 |
| Total Assets | $992K |
| Total Liabilities | $169K |
| Net Assets | $823K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 199.4 months |
Financial Health Grade: B
In 2022, Triumphant Kingdom Builders Community Development Corp reported a deficit of $1K with expenses exceeding revenue, holds 199.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -100.0% | -100.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2012 |
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 Triumphant Kingdom Builders Community Development Corp with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Triumphant Kingdom Builders Community Development Corp allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating that no salaries or benefits are paid to its executives, which is a positive sign for minimizing administrative overhead.
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 Triumphant Kingdom Builders Community Development Corp's IRS 990 filings:
- Highly inconsistent revenue generation, with multiple years reporting $0.
- Significant increase in assets (from $1 to nearly $1 million) without corresponding revenue or clear explanation in the provided data.
- Sudden appearance of $169,000 in liabilities in the latest filing after years of reporting zero.
- Periods of zero reported expenses, suggesting potential inactivity or minimal program operations for extended durations.
Strengths
The following positive indicators were identified for Triumphant Kingdom Builders Community Development Corp:
- No reported officer compensation across all filings, indicating low executive overhead.
- Substantial asset base of $992,370 in the latest period, providing potential for future program funding if managed effectively.
Frequently Asked Questions about Triumphant Kingdom Builders Community Development Corp
Is Triumphant Kingdom Builders Community Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Triumphant Kingdom Builders Community Development Corp (EIN: 200552352) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Triumphant Kingdom Builders Community Development Corp spend its money?
Triumphant Kingdom Builders Community Development Corp directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Triumphant Kingdom Builders Community Development Corp tax-deductible?
Triumphant Kingdom Builders Community Development Corp is registered as a tax-exempt nonprofit (EIN: 200552352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How did Triumphant Kingdom Builders Community Development Corp accumulate nearly $1 million in assets by 2022 with such low and inconsistent revenue?
The filings do not provide a clear explanation for the substantial increase in assets from $1 in 2018 to $992,370 in 2022, especially given multiple years of zero reported revenue. This suggests potential non-cash contributions, grants, or asset transfers not detailed in the summary data.
What programs or activities did the organization conduct during the years with zero reported revenue and expenses?
The IRS 990 filings for periods like 2015-2018 and 2020-2021 show zero revenue and expenses, which typically indicates minimal to no operational activity. Without further detail, it's unclear if any mission-related work was performed during these periods.
What is the nature of the $169,000 in liabilities reported in 2022, given previous years of zero liabilities?
The sudden appearance of $169,000 in liabilities in the 2022 filing, after years of reporting zero liabilities, warrants investigation to understand if these are program-related debts, loans, or other obligations.
Is the organization financially sustainable given its history of inconsistent revenue generation?
The organization's financial sustainability is questionable due to its highly inconsistent revenue, with multiple years reporting $0. While it has significant assets, its ability to generate consistent income to cover even modest operational expenses is a concern.
How does the organization ensure transparency regarding its asset management and program impact, given the sporadic financial reporting?
The sporadic nature of financial reporting makes it challenging to assess ongoing transparency and program impact. More consistent and detailed reporting would be necessary to understand how its substantial assets are being utilized for its community development mission.
Filing History
IRS 990 filing history for Triumphant Kingdom Builders Community Development Corp showing financial trends over 11 years of public records:
Total assets increased by 148.1% over the same period, from $400K to $992K. In its most recent filing year (2022), Triumphant Kingdom Builders Community Development Corp reported a deficit of $1K, with expenses exceeding revenue. The organization holds $169K in liabilities against $992K in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $823K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $59K | $60K | $992K | $169K | — | View 990 |
| 2021 | $0 | $0 | $825K | $0 | — | — |
| 2020 | $0 | $0 | $825K | $0 | — | — |
| 2019 | $100K | $95K | $825K | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
| 2014 | $250 | $250 | $1 | $0 | — | View 990 |
| 2013 | $200 | $200 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $400K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $59K, expenses of $60K, and assets of $992K.
- 2021: Revenue of $0, expenses of $0, and assets of $825K.
- 2020: Revenue of $0, expenses of $0, and assets of $825K (revenue -100.0% year-over-year).
- 2019: Revenue of $100K, expenses of $95K, and assets of $825K.
- 2018: Revenue of $0, expenses of $0, and assets of $1.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2014: Revenue of $250, expenses of $250, and assets of $1 (revenue +25.0% year-over-year).
- 2013: Revenue of $200, expenses of $200, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $400K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Triumphant Kingdom Builders Community Development Corp:
Data Sources and Methodology
This transparency report for Triumphant Kingdom Builders Community Development Corp 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.