Overview
What is Timberlake Ministries Inc?
Timberlake Ministries Inc, based in Millport, Alabama (with a postal address), is a nonprofit organization with a mission to establish and manage a religious retreat facility. This facility is open for rental by various organizations, serving as a space for spiritual retreats and events. The organization, with a team of four dedicated individuals, aims to provide a serene and spiritual environment for individuals and groups seeking solace and reflection.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 67%)
Timberlake Ministries Inc has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement despite some positive aspects in its operations. The charity boasts a perfect score in Accountability & Finance, showcasing strong governance with an independent board. However, the organization has significant deficiencies, particularly in transparency, as indicated by low scores in financial statement accessibility and lacking key policies.
The financial health of Timberlake Ministries is notable with a program expense ratio of 83.21%, meaning a substantial portion of its expenditures supports its programs. Additionally, the liabilities to assets ratio reflects a sound financial position at 20.84%. These strengths could be seen as a positive sign for potential donors, suggesting that funds are likely being utilized effectively for programmatic purposes.
On the other hand, the lack of transparency is a considerable concern. The absence of financial statements on the nonprofit's website, alongside missing conflict of interest and whistleblower policies, raises questions about accountability and governance practices. Addressing these issues could enhance the overall effectiveness and trustworthiness of Timberlake Ministries in the eyes of potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Timberlake Ministries Inc legitimate?
Timberlake Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Timberlake Ministries 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: $31,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,497
For more financial information, click here
What is the mission statement of Timberlake Ministries Inc?
Timberlake Ministries Inc's mission involves developing and operating a religious retreat facility that can be rented by various organizations. This mission aims to provide a spiritual sanctuary for various groups, fostering an environment for reflection, relaxation, and spiritual growth. The organization's primary goal is to make this facility readily accessible to a wide range of organizations, thereby promoting religious and spiritual activities.
Who is the CEO of Timberlake Ministries Inc?
Jeremy Burns is the Secretary of Timberlake Ministries Inc. The CEO's salary of Timberlake Ministries Inc is $0 and their total compensation is $0.
What is the revenue of Timberlake Ministries Inc?
Timberlake Ministries Inc's revenue in 2022 was $601,341.
Who are the executives of Timberlake Ministries Inc and what are their salaries?
The average compensation at Timberlake Ministries Inc during 2022 was $36,877. There are 4 employees at Timberlake Ministries Inc.
Here are 8 key members and their salaries (Timberlake Ministries Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $31,012
- 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
- 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 Timberlake Ministries Inc?
Timberlake Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Timberlake Ministries Inc
Timberlake Ministries Inc, as a nonprofit organization, is dedicated to the development and operation of a religious retreat facility. This facility serves as a rental option for various organizations, providing them with a suitable space for their activities. The mission of Timberlake Ministries Inc is centered around the operation and maintenance of this retreat facility, making it accessible for multiple organizations to utilize for their religious purposes.
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Impact
July, 2024
Timberlake Ministries Inc's impact is significant in providing a space for religious retreats and gatherings for various organizations. Their retreat facility in Millport, AL, serves as a place where groups can come together for spiritual growth, community building, and reflection. By offering this rental space, Timberlake Ministries Inc plays a crucial role in supporting the religious and spiritual development of individuals and organizations seeking a retreat environment. Their mission to operate the facility for such purposes contributes to the overall well-being and enrichment of those who utilize the space for their religious activities.
This information is meant to be a general summary of Timberlake Ministries 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: $537,824
- Gross Receipts: $601,341
Assets and Liabilities:
- Total Assets: $1,602,669
- Total Liabilities: $334,029
- Net Assets: $1,268,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMER CAMP FEES
Revenue
$537,824
Organization Details
Founding Year
2002
Principal Officer
Jeremy Burns
Main Address
PO BOX 466, MILLPORT, AL, 35576
NTEE Category
Code: X99 - Religion related
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