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The Timothy Initiative Inc

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

EIN: 800472803 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Timothy Initiative Inc?

The Timothy Initiative Inc, based in Raleigh, North Carolina, is a nonprofit organization dedicated to spreading Christ's teachings by multiplying disciples and establishing disciplinary churches in areas with limited access to the gospel. Their mission is to make a profound impact around the world by investing in indigenous leadership and facilitating the growth of new disciples, churches, and leaders. This organization focuses on working among unengaged peoples and places, with a primary goal of engendering a ripple effect of new believers, thriving churches, and empowered leaders. Additionally, The Timothy Initiative provides care for orphans and widows, engaging unreachable people groups and locations. With a staff of 39 individuals, their efforts are driven by a commitment to advancing Christ's kingdom.


Official website here: www.ttionline.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating on Charity Navigator.

The Timothy Initiative Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional accountability and financial health. With a perfect score of 100% in the Accountability & Finance category, the organization demonstrates strong governance and prudent fiscal management, which is critical for donor confidence and operational efficacy.

Strengths of The Timothy Initiative include a majority independent board, robust financial practices, and transparency measures. The charity has effectively established policies such as conflict of interest and whistleblower protections, along with maintaining a well-documented board meeting process. Their program expense ratio of 85.67% indicates that a significant portion of funds is directed toward their mission, underscoring their commitment to impactful work.

While the organization does not report any material diversions of assets or financial mismanagement, it is important for potential donors to remain informed about ongoing operational performance. Overall, The Timothy Initiative Inc stands out as a reliable nonprofit with solid financial health and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is The Timothy Initiative Inc legitimate?

The Timothy Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Timothy Initiative 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: $349,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,124,761

For more financial information, click here


Official website here: www.ttionline.org

What is the mission statement of The Timothy Initiative Inc?

The Timothy Initiative is a faith-based organization dedicated to expanding Christ's kingdom by cultivating disciples and establishing disciple-making churches globally. Through indigenous leadership, they focus on regions and communities with minimal exposure to the gospel. Their primary objective is to see new disciples formed and multiplied, churches planted and multiplied, leaders raised up and multiplied, and the care of orphans and widows provided by the local church. Additionally, they engage with unreached people groups and unengaged places.


Official website here: www.ttionline.org

Who is the CEO of The Timothy Initiative Inc?

Jared Nelms is the President of The Timothy Initiative Inc. The CEO's salary of The Timothy Initiative Inc is $158,386 and their total compensation is $164,086.


Official website here: www.ttionline.org

What is the revenue of The Timothy Initiative Inc?

The Timothy Initiative Inc's revenue in 2022 was $18,484,088.


Official website here: www.ttionline.org

Who are the executives of The Timothy Initiative Inc and what are their salaries?

The average compensation at The Timothy Initiative Inc during 2022 was $89,090. There are 39 employees and 225 volunteers at The Timothy Initiative Inc.


Here are 17 key members and their salaries (The Timothy Initiative Inc's CEO's salary is $158,386 and their total compensation is $164,086):


David Nelms (President)
  • Compensation: $185,652
  • Related: $0
  • Other: $0
Jared Nelms (Ceo & Vice P)
  • Compensation: $158,386
  • Related: $0
  • Other: $5,700
Justin Sogoian (Regional Dir)
  • Compensation: $151,742
  • Related: $0
  • Other: $0
Gary Schneider (Regional Dir)
  • Compensation: $145,634
  • Related: $0
  • Other: $0
Fregy John (Int'L Minist)
  • Compensation: $100,658
  • Related: $0
  • Other: $0
Malcolm Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Falwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Forester (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Hummel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sweetlin Manoharan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mckaig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Poenitske (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Reimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ridout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Robertson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ttionline.org

Where can I find the form 990 for The Timothy Initiative Inc?

The Timothy Initiative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ttionline.org

Learn more at the official website: www.ttionline.org

Mission Statement of The Timothy Initiative Inc

The Timothy Initiative, a nonprofit organization, is dedicated to advancing Christ's kingdom by multiplying disciples and discipline-making churches around the world. Through their projects, they focus on discipleship, church planting, and leadership development. Working in areas and among people who have limited to no access to the gospel, they aim to bring new disciples, new churches, new leaders, and care for orphans and widows, all by empowering indigenous leadership. The Timothy Initiative's primary goal is to see new disciples made and multiplied, new churches planted and multiplied, new leaders raised up and multiplied. They believe in the power of community and the local church to engage with unengaged people groups and unengaged places, ultimately reaching those who have yet to hear the message of Christianity.

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Impact




October, 2024

The Timothy Initiative Inc significantly advances Christ's kingdom through the multiplication of disciples and church planting, focusing on regions with little to no access to the gospel. Operating primarily in Asia, it implements projects centered on disciple-making, church planting, and leadership development through indigenous leaders.

Their work leads to the establishment of new disciples and churches, fostering the growth of local leadership. By engaging with unreached people groups and underserved areas, The Timothy Initiative not only expands spiritual outreach but also strengthens communities by caring for orphans and widows through local church involvement. The impact of their initiatives resonates through transformed lives and communities, marking a noteworthy contribution to the global mission of faith.




This information is meant to be a general summary of The Timothy Initiative 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
$18,484,088 (2022)
Expenses
$17,649,893 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $18,554,836

Assets and Liabilities:

  • Total Assets: $26,997,979
  • Total Liabilities: $596,620
  • Net Assets: $26,401,359

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Organization Details

Founding Year

2009

Principal Officer

Jared Nelms

Main Address

PO BOX 98177, RALEIGH, NC, 27624

NTEE Category

Code: X21 - Religion related

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