Overview
What is Triumph Inc?
Triumph Inc, based in Taunton, Massachusetts, is a dedicated nonprofit organization specializing in early childhood education and care. They strive to enhance the education, well-being, and self-sufficiency of young children and their families through top-notch early childhood programs and community engagement. With 23 classrooms spread across three facilities, Triumph Inc welcomes children from various income levels and backgrounds, although only income-eligible children can enroll in their Head Start or Early Head Start programs. The organization employs 135 individuals, working tirelessly to support the growth and development of young minds, and engage with the local community.
Official website here: www.triumphinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Triumph Inc has achieved a perfect score of 100% on Charity Navigator, reflecting exceptional performance in accountability and finance. This high rating indicates strong financial health, transparency, and effective governance, which is crucial for building trust with donors and stakeholders. The organization has an entirely independent board, ensuring impartial oversight and decision-making.
The nonprofit demonstrates a strong commitment to fiscal responsibility, with an impressive program expense ratio of 86.13%. This means that a significant portion of its resources is dedicated to its programs and services, maximizing the impact of its funding. Additionally, Triumph Inc has comprehensive policies in place, such as conflict of interest and whistleblower protections, which further enhance its accountability and operational integrity.
No significant limitations were noted in the data, indicating that Triumph Inc adheres to best practices in nonprofit management. Overall, its strong score emphasizes its reliability and effectiveness as a charity, making it a commendable choice for potential donors looking to support impactful work.
This AI summary has been generated from information found on Charity Navigator.
Is Triumph Inc legitimate?
Triumph Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triumph Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $223,676
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,216,983
For more financial information, click here
Official website here: www.triumphinc.org
What is the mission statement of Triumph Inc?
Triumph Inc's mission is centered around supporting the education, well-being, and self-sufficiency of young children and their families. They achieve this goal through the implementation of high-quality early childhood programs and active community engagement. By operating 23 classrooms across three facilities, Triumph offers educational opportunities to children from various income levels and backgrounds, with income-eligible children having the chance to enroll in their Head Start or Early Head Start programs. The organization's primary focus is on fostering the overall development and independence of young families.
Official website here: www.triumphinc.org
Who is the CEO of Triumph Inc?
Caryle Stonstrom is the Secretary & Director of Triumph Inc.
Official website here: www.triumphinc.org
What is the revenue of Triumph Inc?
Triumph Inc's revenue in 2022 was $7,686,507.
Official website here: www.triumphinc.org
Who are the executives of Triumph Inc and what are their salaries?
The average compensation at Triumph Inc during 2022 was $32,894. There are 135 employees and 11 volunteers at Triumph Inc.
Here are 16 key members and their salaries:
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- Compensation: $124,567
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- Compensation: $82,554
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- Other: $9,126
Official website here: www.triumphinc.org
Where can I find the form 990 for Triumph Inc?
Triumph Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.triumphinc.org
Learn more at the official website: www.triumphinc.org
Mission Statement of Triumph Inc
Triumph Inc, a nonprofit organization, is dedicated to supporting the education, well-being, and self-sufficiency of young children and their families. They achieve this mission through the operation of high-quality early childhood programs and community engagement. Triumph Inc operates 23 classrooms in three facilities, welcoming children of all income levels and backgrounds to participate in their programs. While income-eligible children can enroll in their Head Start or Early Head Start programs, all children are invited to benefit from Triumph Inc's early childhood education and care services. By providing these programs, Triumph Inc works towards enhancing the lives of young children and their families, fostering their growth and self-sufficiency.
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Impact
July, 2024
Triumph Inc's impact lies in supporting the education, well-being, and self-sufficiency of young children and their families through high-quality early childhood programs and community engagement. By operating 23 classrooms in 3 facilities, Triumph provides a nurturing environment for children of all income levels and backgrounds to thrive. Their focus on early childhood education not only enhances the development of the children but also fosters a sense of community engagement and support for families. Through initiatives like Head Start and Early Head Start programs, Triumph ensures that income-eligible children have access to essential educational resources, setting them on a path towards a brighter future.
This information is meant to be a general summary of Triumph Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$70,386
- Program Service Revenue: $102,360
- Gross Receipts: $7,758,785
Assets and Liabilities:
- Total Assets: $5,431,318
- Total Liabilities: $1,414,101
- Net Assets: $4,017,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$102,360
Organization Details
Founding Year
1965
Phone
(508) 822-5388Principal Officer
Caryle Stonstrom
Main Address
100 HON GORDON OWEN RIVERWAY, TAUNTON, MA, 02780
Website
www.triumphinc.orgNTEE Category
Code: B210 - Education
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