Overview
What is Triumph Ministry Inc?
Triumph Ministry Inc, located in Citronelle, Alabama, is a nonprofit organization with a mission to provide support and resources to low to moderate income individuals and families. Their services include spiritual guidance, training, mentoring, and distributing essentials such as food and clothing. Furthermore, Triumph Ministry inspires, equips, and empowers community leaders for the future generation through childcare development. In addition to these, they operate a Triumph Learning Center, offering childcare services. With a dedicated team of 18 employees, Triumph Ministry strives to positively impact the lives of those in need within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating (72%)
Triumph Ministry Inc has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, there are significant areas needing improvement. The organization scored 100% for its accountability and finance, reflecting a well-structured board with a majority of independent members, and it also adheres to essential policies like conflict of interest and whistleblower protections. However, the absence of financial statements and critical documents on their website has negatively impacted their overall transparency score.
While Triumph Ministry excels in its program expense ratio, investing over 75% of its budget directly into programs, the lack of public financial documentation raises concerns regarding its overall transparency. The organization has not posted its financial statements or tax forms online, which are crucial for fostering trust among donors and stakeholders. This gap contributes to their low rating, emphasizing the need for greater financial disclosure.
The organization has demonstrated effective governance with no material diversions of assets; however, addressing the transparency issues by ensuring that all required financial documents are readily accessible would enhance their credibility. By improving its public financial reporting, Triumph Ministry Inc could significantly elevate its standing and reassure supporters of its commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Triumph Ministry Inc legitimate?
Triumph Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triumph Ministry 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: $55,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,222
For more financial information, click here
What is the mission statement of Triumph Ministry Inc?
Triumph Ministry Inc's mission is centered around providing spiritual guidance, training, mentorship, and essential resources to individuals and families with moderate income levels. The organization also aims to empower community leaders for future generations through childcare development. In addition to this, Triumph Ministry Inc operates a learning center that offers childcare services. The ministry's goal is to inspire, equip, and empower individuals and leaders, fostering a sense of self-sufficiency and growth within the community.
What is the revenue of Triumph Ministry Inc?
Triumph Ministry Inc's revenue in 2022 was $768,163.
Who are the executives of Triumph Ministry Inc and what are their salaries?
The average compensation at Triumph Ministry Inc during 2022 was $15,682. There are 18 employees and 27 volunteers at Triumph Ministry Inc.
Here are 6 key members and their salaries:
- Compensation: $27,850
- Related: $0
- Other: $0
- Compensation: $27,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Triumph Ministry Inc?
Triumph Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Triumph Ministry Inc
Triumph Ministry, a nonprofit organization, is committed to offering spiritual guidance, training, mentoring, and essential resources to individuals and families with low to moderate incomes. Beyond this, Triumph Ministry also strives to inspire, equip, and empower the next generation of community leaders through childcare development. This holistic approach aims to uplift and support those in need, not just materially, but also spiritually and through the nurturing of future leaders. Furthermore, Triumph Ministry operates a learning center that provides childcare services, further contributing to its mission of uplifting families and communities.
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Impact
July, 2024
Triumph Ministry Inc's impact can be seen in its provision of spiritual guidance, training, mentoring, food, clothing, and other resources to low to moderate-income individuals and families. Additionally, through its Triumph Learning Center, the organization offers childcare services, helping to support working parents and ensure the well-being of children in the community. By inspiring, equipping, and empowering community leaders for the next generation, Triumph Ministry is making a significant difference in the lives of those it serves in Citronelle, AL.
This information is meant to be a general summary of Triumph Ministry 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.
- Program Service Revenue: $435,659
- Gross Receipts: $768,163
Assets and Liabilities:
- Total Assets: $680,337
- Total Liabilities: $403,579
- Net Assets: $276,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILDCARE SERVICES
Revenue
$435,659
FOOD PANTRY
Organization Details
Founding Year
1999
Principal Officer
Alvin O Davis
NTEE Category
Code: X200 - Religion related
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