Timothy Ministries
- Assets
- $24.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, WA
- Founding
- 06/1976
- Data as of
- 12/2023
- EIN
- 51-0186071
Organization Overview
Timothy Ministries is located in Lakewood, WA. The organization was established in 1976. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timothy Ministries 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 12/2023, Timothy Ministries generated $112.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $118.2k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Arnold Director | 0 | $0 | |
Kent Isenberg Vice-President | 0 | $0 | |
Sally Sternard Secretary | 0 | $0 | |
Roderick Graciano Executive Director/treasurer | 60 | $24,946 | |
Michael Keith President | 0.5 | $0 | |
Neal Wolbert Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,784 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2 |
| Total Revenue | $112,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,721 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $531 |
| Printing, publications, postage, and shipping | $178 |
| Other expenses | $29,598 |
| Total expenses | $118,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,739 |
| Other assets | $0 |
| Total assets | $24,739 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,739 |