Civic Intelligence

Timothy Ministries Inc

EIN 39-1855543 • 501(c)3 • Beloit, WI

Profile

Develop and Fund Theological Education

2432 Fieldstone LaneBeloit, WI 53511-6714

timothyministries.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

31st percentile

-9.6%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

24th percentile

-32%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-56%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$4,254

Down $1,980 (-32%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$4,254

Down $1,980 (-32%) from 2017

Operations
Liabilities / Revenue61st percentileNet Margin31st percentile

Revenue

Down

$20,673

Down $26,494 (-56%) from 2017

Expenses

Down

$22,653

Down $37,366 (-62%) from 2017

Net Income

Up

-$1,980

Up $10,872 (+85%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2010: $49,761Liabilities 2010: $0Net Assets 2010: $49,7612010Assets 2011: $47,100Liabilities 2011: $0Net Assets 2011: $47,1002011Assets 2012: $32,158Liabilities 2012: $0Net Assets 2012: $32,1582012Assets 2013: $25,585Liabilities 2013: $0Net Assets 2013: $25,5852013Assets 2014: $28,974Liabilities 2014: $0Net Assets 2014: $28,9742014Assets 2015: $27,622Liabilities 2015: $0Net Assets 2015: $27,6222015Assets 2016: $19,086Liabilities 2016: $0Net Assets 2016: $19,0862016Assets 2017: $6,234Liabilities 2017: $0Net Assets 2017: $6,2342017Assets 2018: $4,254Liabilities 2018: $0Net Assets 2018: $4,2542018

Highlighted filing

2018

Assets$4,254
Liabilities$0
Net Assets$4,254
Open 2018 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $46,860Expenses 2010: $39,667Net Income 2010: $7,1932010Revenue 2011: $59,864Expenses 2011: $62,525Net Income 2011: -$2,6612011Revenue 2012: $59,532Expenses 2012: $74,474Net Income 2012: -$14,9422012Revenue 2013: $49,962Expenses 2013: $56,535Net Income 2013: -$6,5732013Revenue 2014: $58,898Expenses 2014: $55,509Net Income 2014: $3,3892014Revenue 2015: $52,394Expenses 2015: $53,746Net Income 2015: -$1,3522015Revenue 2016: $46,795Expenses 2016: $55,331Net Income 2016: -$8,5362016Revenue 2017: $47,167Expenses 2017: $60,019Net Income 2017: -$12,8522017Revenue 2018: $20,673Expenses 2018: $22,653Net Income 2018: -$1,9802018

Highlighted filing

2018

Revenue$20,673
Expenses$22,653
Net Income-$1,980
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,254
Liabilities
$0
Net assets
$4,254
Revenue
$20,673
Expenses
$22,653
Net income
-$1,980
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$20.7$22.7$1.98
2017Detailed filing. Detailed filing data is available for this year.$6.23$0.00$6.23$47.2$60.0$12.9
2016Detailed filing. Detailed filing data is available for this year.$19.1$0.00$19.1$46.8$55.3$8.54
2015Detailed filing. Detailed filing data is available for this year.$27.6$0.00$27.6$52.4$53.7$1.35
2014Detailed filing. Detailed filing data is available for this year.$29.0$0.00$29.0$58.9$55.5$3.39
2013Detailed filing. Detailed filing data is available for this year.$25.6$0.00$25.6$50.0$56.5$6.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$0.00$32.2$59.5$74.5$14.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.1$0.00$47.1$59.9$62.5$2.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.8$0.00$49.8$46.9$39.7$7.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 5, 2019
Return Version
2018v3.0
Gross Receipts
$20,673
Mission and Program Overview

Mission

Develop and Fund Theological Education

Develop and Fund Theological Education and assist with church planting

Program Services

DescriptionGrantsExpenses
Grant for ministry support in Belgium. The Duchennes$13,923$0
Ministry and church grant to Israel Kande in Aurora, Colorado$3,500$0
Assist with churchplant in Chicago. Jude Kebei$1,800$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip Allen JrPresident-$0--
Richard ThompsonTreasurer-$0--
Jean DiBenardoSecretary-$0--
Dr Larry CorrellExec Director/CEOPT$0--
Filing and Contact Details

Filer

Filer Name
Timothy Ministries Inc
EIN
39-1855543
Phone
6089312497
Address
2432 Fieldstone Lane, Beloit, WI 53511-6714

Signing Officer

Name
Richard Thompson
Title
Treasurer
Phone
6083463753
Signed
2019-10-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Mission grants to Duchennes in Belgium, to Israel Kande, and to Jude M in Chicago”

Form 990-EZ, Part I, Line 16

“travel expenses”

Raw XML Appendix211 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03200
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Develop and Fund Theological Education and assist with church planting
IRS990EZ/PrintingPublicationsPostageAmt0230
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Assist with churchplant in Chicago. Jude Kebei
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03500
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt00
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IRS990EZ/TransactionWithControlEntInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mission grants to Duchennes in Belgium, to Israel Kande, and to Jude M in Chicago
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1travel expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Timothy Ministries was being dissolved as of December 31, 2018 Therefore I thought I would not need to fill out 990 form as that is not done until May 15th of the following year. The Wisconsin Department of financial Institutions has dissolved this 501 (C) 3 as of 11-1-2018
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Thompson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06083463753
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIMOTHY MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0TIMO
ReturnHeader/Filer/EIN0391855543
ReturnHeader/Filer/PhoneNum06089312497
ReturnHeader/Filer/USAddress/AddressLine1Txt02432 Fieldstone Lane
ReturnHeader/Filer/USAddress/CityNm0Beloit
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd0535116714
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.235.103.144
ReturnHeader/ReturnTs02019-10-05T19:47:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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