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Tims Gift Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352345815 ✦ Clinton, NC ✦ Designated as a 501(c)(3)

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Overview

What is Tims Gift Inc?

Tims Gift Inc is a nonprofit organization that actively provides assistance and makes donations for charitable purposes, contributing a total of $50,048. Besides financial aid, they also acquire necessary supplies worth $3,718 and manage operational expenses such as insurance, vehicle costs, and advertising. The organization is committed to investing in its mission, incurring a depreciation cost of $4,460 for its vehicle. While the specific nature of their charitable work is not explicitly stated, the information suggests that Tims Gift Inc engages in various forms of assistance and ministry activities.


Official website here: www.timsgift.com

Is Tims Gift Inc legitimate?

Tims Gift Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tims Gift Inc submitted a form 990EZ, 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.


Official website here: www.timsgift.com

What is the mission statement of Tims Gift Inc?

Tims Gift Inc, in its mission, dedicated a significant amount of resources towards direct assistance and ministry donations, totaling $50,048. Additionally, they invested in necessary supplies, paid various fees, and covered insurance and vehicle expenses. Further, a portion of their budget was allocated for advertising and vehicle depreciation. However, the information provided does not detail an explicit mission statement outlining the organization's overarching goals or objectives.


Official website here: www.timsgift.com

Who is the CEO of Tims Gift Inc?

Rebecca Spell is the President of Tims Gift Inc.


Official website here: www.timsgift.com

What is the revenue of Tims Gift Inc?

Tims Gift Inc's revenue in 2022 was $126,475.


Official website here: www.timsgift.com

Who are the executives of Tims Gift Inc and what are their salaries?


Here are 3 key members and their salaries:


Rebecca Spell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Brewer (Employee)
  • Compensation: $8,518
  • Related: $0
  • Other: $0
Diane Lough (Employee)
  • Compensation: $4,327
  • Related: $0
  • Other: $0


Official website here: www.timsgift.com

Where can I find the form 990EZ for Tims Gift Inc?

Tims Gift Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.timsgift.com

Learn more at the official website: www.timsgift.com

Mission Statement of Tims Gift Inc

Tims Gift Inc, as per the provided information, primarily focuses on providing direct assistance and making ministry donations. They allocate a significant portion of their resources towards this cause, investing a total of $50,048. Apart from financial assistance, Tims Gift Inc also purchases necessary supplies, contributing $3,718 towards these needs.

In addition to financial and material support, Tims Gift Inc is also responsible for covering various operational expenses. These expenses include bank and PayPal fees, insurance, vehicle-related costs, and advertising. The organization spends $487 on bank and PayPal fees, $4,672 on insurance, $3,061 on vehicle expenses, and $338 on advertising. Furthermore, the organization incurs a depreciation cost of $4,460 for its vehicle.

In summary, Tims Gift Inc is an organization that is dedicated to providing financial and material assistance, as well as covering operational expenses. Their mission involves investing in direct assistance and ministry donations, purchasing necessary supplies, and managing various expenses to ensure their operations run smoothly.

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Impact




October, 2024

Tims Gift Inc has made a significant impact in its community by providing vital assistance and support services. In a recent period, the organization delivered $50,048 in direct assistance and ministry donations, helping those in need and enhancing the overall welfare of the community. It also invested in necessary supplies totaling $3,718, which further demonstrates its commitment to supporting individuals and families.

Financially, Tims Gift managed operational costs reasonably, allocating resources towards liability and auto insurance expenses of $4,672 and incurring $3,061 for vehicle-related expenses, including travel, fuel, and meals. This operational management allows for sustained outreach and service provision without sacrificing quality.

In addition, Tims Gift allocated $338 for advertising, ensuring that its services reach those who may benefit from them. Despite the depreciation of its vehicle costing $4,460, the organization remains resilient, ensuring that its transportation needs are met for ongoing service delivery.

Overall, Tims Gift Inc exemplifies a responsible and impactful approach to community service, focusing on direct assistance while maintaining its functional operations, ultimately enhancing the quality of life for many individuals in Clinton, NC.




This information is meant to be a general summary of Tims Gift 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.

Revenue
$126,475 (2022)
Expenses
$104,964 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $133,145

Assets and Liabilities:

  • Total Assets: $308,120
  • Total Liabilities: $2,753
  • Net Assets: $305,367

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Organization Details

Principal Officer

Rebecca Spell

Main Address

108 NORTHEAST BLVD, CLINTON, NC, 28328

NTEE Category

Code: P20 - Human services

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