Triumphant Ministries International Inc
Triumphant Ministries International Inc consistently generates significant surpluses, growing assets to over $1 million with no reported officer compensation.
EIN: 203529217 · Branson, MO · NTEE: X20 · Updated: 2026-03-28
Is Triumphant Ministries International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Triumphant Ministries International Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Triumphant Ministries International Inc
Triumphant Ministries International Inc (EIN: 203529217) is a nonprofit organization based in Branson, MO, classified under NTEE code X20. The organization reported total revenue of $294K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triumphant Ministries International 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 Triumphant Ministries International 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Triumphant Ministries International Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-reportable means, which is highly unusual for an organization with over $1 million in assets and nearly $300,000 in annual revenue.
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 Ministries International Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in available data
- Unusually low expenses relative to revenue in some years (e.g., 2021: $36,144 expenses vs. $298,969 revenue) which could indicate significant cash reserves rather than active program spending
- No reported officer compensation for an organization with over $1 million in assets, which could imply volunteer leadership or non-standard compensation structures not fully transparent in the 990.
Strengths
The following positive indicators were identified for Triumphant Ministries International Inc:
- Consistent and significant financial surpluses, indicating strong financial health.
- Remarkable asset growth over the past decade, from $68,060 in 2014 to over $1 million in 2023.
- Very low liabilities, demonstrating minimal debt and strong financial stability.
- No reported officer compensation, suggesting a high dedication to directing funds towards the mission or asset building.
- Consistent filing of IRS Form 990s, providing a good record of financial transparency.
Frequently Asked Questions about Triumphant Ministries International Inc
Is Triumphant Ministries International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Triumphant Ministries International Inc (EIN: 203529217) some concerns. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.
How does Triumphant Ministries International Inc spend its money?
Triumphant Ministries International Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Triumphant Ministries International Inc tax-deductible?
Triumphant Ministries International Inc is registered as a tax-exempt nonprofit (EIN: 203529217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Triumphant Ministries International Inc a good charity?
Based on its financial data, Triumphant Ministries International Inc appears to be a financially sound organization with strong asset growth, low liabilities, and a history of generating significant surpluses. The absence of reported officer compensation suggests a high dedication to program spending and efficiency. However, without detailed program expense breakdowns, it's difficult to fully assess the impact of its programs.
How does Triumphant Ministries International Inc manage its expenses?
The organization manages its expenses very efficiently, consistently spending significantly less than its revenue. For instance, in 2023, expenses were $119,886 against revenue of $295,493. This conservative spending approach has allowed for substantial asset accumulation and a strong financial reserve.
What is the trend in Triumphant Ministries International Inc's assets?
Triumphant Ministries International Inc has shown a remarkable trend of asset growth, increasing from $68,060 in 2014 to $1,085,892 in 2023. This consistent growth indicates strong financial management and the ability to retain and build capital over time.
Filing History
IRS 990 filing history for Triumphant Ministries International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Triumphant Ministries International Inc's revenue has grown by 325.7%, moving from $69K to $295K. Total assets increased by 1824.9% over the same period, from $56K to $1.1M. Total functional expenses rose by 73.1%, from $69K to $120K. In its most recent filing year (2023), Triumphant Ministries International Inc reported a surplus of $176K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $295K | $120K | $1.1M | $4K | — | View 990 |
| 2022 | $322K | $121K | $914K | $5K | — | — |
| 2021 | $299K | $36K | $735K | $2K | — | View 990 |
| 2020 | $179K | $179K | $226K | $778 | — | — |
| 2019 | $161K | $104K | $240K | $8K | — | View 990 |
| 2018 | $112K | $36K | $194K | $13K | — | View 990 |
| 2017 | $71K | $100K | $119K | $19K | — | View 990 |
| 2016 | $60K | $30K | $150K | $20K | — | View 990 |
| 2015 | $66K | $44K | $95K | $6K | — | View 990 |
| 2014 | $88K | $60K | $68K | $3K | — | View 990 |
| 2013 | $52K | $38K | $86K | $10K | — | View 990 |
| 2012 | $90K | $59K | $92K | $29K | — | View 990 |
| 2011 | $69K | $69K | $56K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $295K, expenses of $120K, and assets of $1.1M (revenue -8.3% year-over-year).
- 2022: Revenue of $322K, expenses of $121K, and assets of $914K (revenue +7.8% year-over-year).
- 2021: Revenue of $299K, expenses of $36K, and assets of $735K (revenue +66.7% year-over-year).
- 2020: Revenue of $179K, expenses of $179K, and assets of $226K (revenue +11.4% year-over-year).
- 2019: Revenue of $161K, expenses of $104K, and assets of $240K (revenue +44.0% year-over-year).
- 2018: Revenue of $112K, expenses of $36K, and assets of $194K (revenue +57.7% year-over-year).
- 2017: Revenue of $71K, expenses of $100K, and assets of $119K (revenue +17.4% year-over-year).
- 2016: Revenue of $60K, expenses of $30K, and assets of $150K (revenue -8.9% year-over-year).
- 2015: Revenue of $66K, expenses of $44K, and assets of $95K (revenue -24.9% year-over-year).
- 2014: Revenue of $88K, expenses of $60K, and assets of $68K (revenue +70.4% year-over-year).
- 2013: Revenue of $52K, expenses of $38K, and assets of $86K (revenue -42.7% year-over-year).
- 2012: Revenue of $90K, expenses of $59K, and assets of $92K (revenue +30.3% year-over-year).
- 2011: Revenue of $69K, expenses of $69K, and assets of $56K.
Data Sources and Methodology
This transparency report for Triumphant Ministries International 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.