Triumphant Mercy Ministries Inc

Rating from Charity Navigator: 16%, Zero-Star out of Four Star rating.

Triumphant Mercy Ministries Inc has received a low rating of 16% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The organization scored poorly due to a lack of independent board members and various critical policies, such as conflict of interest and whistleblower protections, which are essential for transparency and governance.

The evaluation highlights that the charity does not have any independent members on its board, which raises questions about oversight and decision-making. Additionally, although there were no material diversions of assets reported, the absence of key policies and practices suggests a lack of proper governance. The organization does have some positive aspects, such as the documentation of board meeting minutes and a tax form listed on its website.

However, the major deficiencies in policy frameworks and the complete absence of a program expense ratio indicate that potential donors and stakeholders should exercise caution. The lack of transparency and accountability might affect the organization’s ability to effectively serve its mission and uphold donor trust.

This AI summary has been generated from information found on Charity Navigator.

Triumphant Mercy Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triumphant Mercy Ministries 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: $108,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,333

For more financial information, click here

Official website here: www.triumphantmercy.org