Triumphant Mercy Ministries Inc
Triumphant Mercy Ministries Inc experiences extreme financial volatility and a significant deficit in 2023.
EIN: 203727626 · Mobile, AL · NTEE: X200 · Updated: 2026-03-28
Is Triumphant Mercy Ministries Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Triumphant Mercy Ministries Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Triumphant Mercy Ministries Inc
Triumphant Mercy Ministries Inc (EIN: 203727626) is a nonprofit organization based in Mobile, AL, classified under NTEE code X200. The organization reported total revenue of $143K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triumphant Mercy Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Triumphant Mercy Ministries Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-1,232,921 |
| Total Assets | $710K |
| Net Assets | $710K |
| Operating Margin | -1378.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, Triumphant Mercy Ministries Inc reported a deficit of $1.2M with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Triumphant Mercy Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.9% | -21.7% | -63.5% |
| 2022 | +112.0% | +80.2% | +164.3% |
| 2021 | +789.0% | +646.4% | +140.3% |
| 2020 | +195.1% | +53.0% | +10.1% |
| 2019 | -50.5% | -43.8% | -9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Mercy Ministries Inc 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 Mercy Ministries Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led structure or that executive compensation is not being disclosed in the standard section of the 990, which could be a transparency concern given the scale of some of its operations.
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 Mercy Ministries Inc's IRS 990 filings:
- Extreme revenue volatility (e.g., $2.9M in 2022 to $89K in 2023)
- Significant deficit in 2023 (Expenses $1.3M vs. Revenue $89K)
- Consistent reporting of $0 liabilities across all filings, which is unusual
- 0% officer compensation reported across all filings, potentially lacking transparency on leadership pay
Strengths
The following positive indicators were identified for Triumphant Mercy Ministries Inc:
- No reported liabilities across all filings, suggesting a debt-free status if accurate
Frequently Asked Questions about Triumphant Mercy Ministries Inc
Is Triumphant Mercy Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Triumphant Mercy Ministries Inc (EIN: 203727626) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Triumphant Mercy Ministries Inc spend its money?
Triumphant Mercy Ministries Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Triumphant Mercy Ministries Inc tax-deductible?
Triumphant Mercy Ministries Inc is registered as a tax-exempt nonprofit (EIN: 203727626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Triumphant Mercy Ministries Inc's revenue drop from nearly $2.9 million in 2022 to under $90,000 in 2023?
The IRS 990 data shows a drastic decline in revenue from $2,896,806 in 2022 to $89,471 in 2023, a decrease of over 96%. This significant drop warrants further investigation into the cause, such as a loss of major funding, a change in operational model, or a one-time event in 2022.
How did Triumphant Mercy Ministries Inc incur over $1.3 million in expenses with only $89,471 in revenue in 2023?
In 2023, the organization reported expenses of $1,322,392 against revenue of only $89,471, resulting in a substantial deficit. This indicates that the organization spent significantly more than it brought in, likely drawing from reserves or incurring debt not reflected in the $0 liabilities reported.
Is the reported $0 in liabilities across all filings accurate?
The consistent reporting of $0 in liabilities across all 13 filings, especially during periods of significant deficits like 2023, is highly unusual for an organization of this size and activity. This could indicate a unique financial structure, but it also raises questions about the completeness or accuracy of the financial reporting.
What is the reason for 0% officer compensation reported in all filings?
The consistent reporting of 0% officer compensation suggests that the organization may be entirely volunteer-run at the executive level, or that compensation is being reported in a non-standard way. This practice, while potentially indicating low overhead, can also obscure how leadership is compensated if not fully transparent.
Filing History
IRS 990 filing history for Triumphant Mercy Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Triumphant Mercy Ministries Inc's revenue has grown by 97.9%, moving from $45K to $89K. Total assets increased by 61.1% over the same period, from $441K to $710K. Total functional expenses rose by 2417.1%, from $53K to $1.3M. In its most recent filing year (2023), Triumphant Mercy Ministries Inc reported a deficit of $1.2M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $1.3M | $710K | $0 | — | — |
| 2022 | $2.9M | $1.7M | $1.9M | $0 | — | View 990 |
| 2021 | $1.4M | $937K | $735K | $0 | — | View 990 |
| 2020 | $154K | $126K | $306K | $0 | — | View 990 |
| 2019 | $52K | $82K | $278K | $0 | — | View 990 |
| 2018 | $105K | $146K | $308K | $0 | — | View 990 |
| 2017 | $66K | $86K | $349K | $0 | — | — |
| 2016 | $20K | $78K | $368K | $0 | — | View 990 |
| 2015 | $153K | $128K | $426K | $0 | — | View 990 |
| 2014 | $51K | $64K | $402K | $0 | — | View 990 |
| 2013 | $49K | $74K | $415K | $0 | — | View 990 |
| 2012 | $58K | $59K | $440K | $0 | — | View 990 |
| 2011 | $45K | $53K | $441K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $1.3M, and assets of $710K (revenue -96.9% year-over-year).
- 2022: Revenue of $2.9M, expenses of $1.7M, and assets of $1.9M (revenue +112.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $937K, and assets of $735K (revenue +789.0% year-over-year).
- 2020: Revenue of $154K, expenses of $126K, and assets of $306K (revenue +195.1% year-over-year).
- 2019: Revenue of $52K, expenses of $82K, and assets of $278K (revenue -50.5% year-over-year).
- 2018: Revenue of $105K, expenses of $146K, and assets of $308K (revenue +58.7% year-over-year).
- 2017: Revenue of $66K, expenses of $86K, and assets of $349K (revenue +239.2% year-over-year).
- 2016: Revenue of $20K, expenses of $78K, and assets of $368K (revenue -87.2% year-over-year).
- 2015: Revenue of $153K, expenses of $128K, and assets of $426K (revenue +202.1% year-over-year).
- 2014: Revenue of $51K, expenses of $64K, and assets of $402K (revenue +2.6% year-over-year).
- 2013: Revenue of $49K, expenses of $74K, and assets of $415K (revenue -15.5% year-over-year).
- 2012: Revenue of $58K, expenses of $59K, and assets of $440K (revenue +29.0% year-over-year).
- 2011: Revenue of $45K, expenses of $53K, and assets of $441K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Triumphant Mercy Ministries Inc:
Data Sources and Methodology
This transparency report for Triumphant Mercy 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.