Timothy Christian Schools
- Assets
- $41.3m
- Revenue
- $20.4m
- Investments
- $0.0
- Employees
- 250
- Location
- Elmhurst, IL
- Founding
- 05/1957
- Data as of
- 06/2021
- EIN
- 36-1870590
Organization Overview
Timothy Christian Schools is located in Elmhurst, IL. The organization was established in 1957. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Timothy Christian Schools employed 250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timothy Christian Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Timothy Christian Schools generated $20.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $17.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Timothy Christian Schools has awarded 17 individual grants totaling $5,356,781. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP ACADEMICALLY PREPARED CHRISTIAN DISCIPLES WHO EMBRACE CHRIST'S CALL TO TRANSFORM THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1911, TIMOTHY CHRISTIAN SCHOOLS (TIMOTHY) IS A FULLY ACCREDITED, PARENT-RUN, PRE-KINDERGARTEN THROUGH GRADE 12 CHRISTIAN SCHOOL SYSTEM THAT PLACES ACADEMIC EXCELLENCE AND A REFORMED BIBLICAL WORLDVIEW AT THE HEART OF ITS MISSION. EVERY PROGRAM AT TIMOTHY - FROM MATHEMATICS TO MUSIC, FROM BUSINESS TO BASKETBALL - IS DONE WITH THE KNOWLEDGE THAT GOD CREATED PEOPLE AND GAVE THEM THE UNIVERSE TO EXPLORE AND ENJOY. THIS KNOWLEDGE INSPIRES TIMOTHY TO PURSUE THE HIGHEST POSSIBLE QUALITY IN EVERYTHING IT DOES.EVERY CHILD AT TIMOTHY - FROM THE ACCELERATED LEARNERS TO THOSE REQUIRING ADDITIONAL SUPPORT - IS VIEWED AS A GIFT FROM GOD AND AN IMAGE BEARER OF CHRIST. THIS VISION IS THE MOTIVATION FOR THE LOVING CARE AND ATTENTION TIMOTHY PROVIDES TO ITS STUDENTS.TIMOTHY IS AN EXTENSION OF CHRISTIAN FAMILY LIFE, AND TAKES SERIOUSLY ITS OBLIGATION TO BE PARTNERS WITH PARENTS IN PROVIDING THE BEST POSSIBLE EDUCATION FOR ITS STUDENTS. FROM PRESCHOOL TO HIGH SCHOOL GRADUATION, TIMOTHY IS DEDICATED TO BRINGING EVERY STUDENT TO HIS OR HER HIGHEST POTENTIAL: ACADEMICALLY, SOCIALLY AND SPIRITUALLY.FOR THE 20/21 FISCAL YEAR 1,196 PRE-KINDERGARTEN THROUGH GRADE 12 STUDENTS ATTENDED TIMOTHY CHRISTIAN SCHOOLS.
AUXILIARY SERVICES:TRANSPORTATION SERVICES - DAILY BUSING SERVICES TO AND FROM SCHOOL.INTERNATIONAL STUDENT PROGRAM - INCREASE GLOBAL AWARENESS IN OUR COMMUNITY AND TO FURTHER OUR MISSION OF "EMBRACING CHRIST'S CALL TO TRANSFORM THE WORLD."BEFORE AND AFTER SCHOOL CARE - SAFE AND AFFORDABLE BEFORE AND AFTER SCHOOL CARE AND SUMMER CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Davidson Superintendent | Officer | 40 | $257,094 |
Kevin Hackert Director Of It | 40 | $122,232 | |
Bradford Mitchell Hs Principal | 40 | $108,441 | |
Bob Venhousen Director Of Advancement | 40 | $106,102 | |
Jack Legrand Athletic Director | 40 | $102,182 | |
Tyler Vanderbrug Director Of Finance & Operations | Officer | 40 | $77,164 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Infinity Mechanical Systems Mechanical Service Contractor | 6/29/21 | $159,636 |
First Student Inc School Bus Transportation | 6/29/21 | $696,230 |
Executive Construction Inc General Contractor | 6/29/21 | $1,784,682 |
Amdg Architects Inc Architectural & Design Services | 6/29/21 | $410,336 |
M&m Cleaning Services Inc Cleaning Services | 6/29/21 | $228,824 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $177,935 |
| Related organizations | $267,807 |
| Government grants | $1,656,354 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,288,723 |
| Noncash contributions included in lines 1a–1f | $266,934 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,390,819 |
| Total Program Service Revenue | $12,710,008 |
| Investment income | $1,881 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,073 |
| Net Gain/Loss on Asset Sales | $330 |
| Net Income from Fundraising Events | -$14,078 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $324,568 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,446,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,200 |
| Grants and other assistance to domestic individuals. | $2,064,734 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $427,552 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $98,521 |
| Other salaries and wages | $7,037,059 |
| Pension plan accruals and contributions | $652,307 |
| Other employee benefits | $717,593 |
| Payroll taxes | $543,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $83,306 |
| Fees for services: Accounting | $23,713 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $273,983 |
| Advertising and promotion | $142,624 |
| Office expenses | $309,594 |
| Information technology | $108,073 |
| Royalties | $0 |
| Occupancy | $1,371,624 |
| Travel | $42,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,336,448 |
| Insurance | $0 |
| All other expenses | $201,569 |
| Total functional expenses | $17,299,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,456 |
| Savings and temporary cash investments | $2,271,409 |
| Pledges and grants receivable | $4,347,195 |
| Accounts receivable, net | $99,782 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $407,196 |
| Net Land, buildings, and equipment | $34,028,983 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,743 |
| Total assets | $41,280,764 |
| Accounts payable and accrued expenses | $2,512,921 |
| Grants payable | $0 |
| Deferred revenue | $693,860 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $131,180 |
| Total liabilities | $3,337,961 |
| Net assets without donor restrictions | $30,384,538 |
| Net assets with donor restrictions | $7,558,265 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $41,280,764 |
Grants Awarded
Over the last fiscal year, Timothy Christian Schools has awarded $32,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: General support | $16,100 |
Chicago, IL PURPOSE: General support | $16,100 |
Grants Recieved
Over the last fiscal year, we have identified 31 grants that Timothy Christian Schools has recieved totaling $1,059,799.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $300,000 |
Brandsma Family Foundation Wilmington, DE PURPOSE: TC PROJECT IMPACT III | $150,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $129,500 |
Brandsma Family Foundation Wilmington, DE PURPOSE: PROJECT IMPACT III | $105,000 |
Brandsma Family Foundation Wilmington, DE PURPOSE: PROJECT IMPACT 3 | $100,000 |
Brandsma Family Foundation Wilmington, DE PURPOSE: PROJECT IMPACT III PLEDGE | $50,000 |
Endowment Analysis
| Beg. Balance | $4,546,946 |
| Earnings | $1,042,328 |
| Net Contributions | $66,796 |
| Grants | $356,412 |
| Ending Balance | $5,299,658 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |
North Shore Country Day School Winnetka, IL | $93,458,208 | $25,821,359 |
University Of Chicago Charter School Corporation Chicago, IL | $14,482,747 | $19,743,627 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Louisville Collegiate School Louisville, KY | $44,243,091 | $19,424,992 |