Overview
What is Timshol Ministries?
Timshol Ministries is a nonprofit organization dedicated to empowering local believers in their church-planting endeavors. They accomplish this by offering biblical education, providing resources, delivering leadership training, and offering spiritual counseling. The goal is to equip the next generation of church leaders, enabling them to effectively reach their communities. Furthermore, Timshol Ministries extends its support to individuals with business aspirations, offering mentorship and guidance to help them turn their dreams into reality.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (70%, Two-Star out of Four Star rating)
Timshol Ministries has received a mixed evaluation, earning a "Needs Improvement" rating with a score of 70%. The organization demonstrates strong accountability and finance practices, scoring a perfect 100%. Notably, it excels in areas such as having a majority independent board and maintaining a low liabilities to assets ratio, indicating a solid financial foundation.
However, there are significant areas of concern that affect its overall rating. The nonprofit scored zero points in categories such as the size of the independent board and key governance policies, including whistleblower and document retention policies. These gaps suggest potential weaknesses in governance and oversight, which are critical for fostering trust and transparency.
While the organization has received high marks for financial management and program expenses, the lack of scoring in impact measurement, culture, community, and leadership adaptability highlights the need for further evaluation of its effectiveness and responsiveness. Addressing these limitations could enhance Timshol Ministries' overall performance and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Timshol Ministries legitimate?
Timshol Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Timshol Ministries 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: $16,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Timshol Ministries?
Timshol Ministries's mission is centered around supporting national believers in their endeavors to establish churches. They achieve this by offering biblical education, providing necessary resources, offering leadership training, and offering spiritual counseling. This aim is to equip the upcoming generations of church leaders, enabling them to effectively reach their communities. Besides, the organization also mentors and assists individuals with entrepreneurial aspirations who lack the knowledge of how to initiate successful businesses.
Who is the CEO of Timshol Ministries?
William S New is the Executive Director of Timshol Ministries.
What is the revenue of Timshol Ministries?
Timshol Ministries's revenue in 2022 was $115,841.
Who are the executives of Timshol Ministries and what are their salaries?
There 3 volunteers at Timshol Ministries.
There is 1 key member and their salary:
- Compensation: $16,829
- Related: $0
- Other: $0
Where can I find the form 990 for Timshol Ministries?
Timshol Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Timshol Ministries
Timshol Ministries, with a mission-driven approach, aims to support and empower national believers in their endeavors to establish churches. The organization provides essential resources, including biblical education, tools, leadership training, and spiritual guidance, to equip the upcoming generations of church leaders. They are committed to helping these individuals reach out to their communities effectively.
Beyond church planting, Timshol Ministries extends its support to individuals harboring entrepreneurial aspirations. These individuals may lack the necessary knowledge or resources to turn their dreams into successful businesses. Timshol Ministries steps in to mentor and guide them, offering essential guidance to help them navigate their business ventures.
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Impact
October, 2024
Timshol Ministries significantly impacts communities by empowering national believers to plant churches, ensuring sustainable spiritual growth and leadership development. Through comprehensive biblical education, resources, and leadership training, the organization equips emerging church leaders to effectively reach their communities with the Gospel. This foundational work fosters a new generation of pastors and church leaders, who are better prepared to navigate the unique challenges of their cultural contexts.
In addition to its focus on church planting, Timshol Ministries also mentors aspiring business owners, providing them with the guidance and support necessary to turn their visions into reality. By addressing both spiritual and economic empowerment, Timshol Ministries contributes to holistic community development, creating a ripple effect that enhances the overall well-being of individuals and families within the communities they serve. Through its dual focus on church leadership and entrepreneurship, Timshol Ministries plays a vital role in fostering sustainable change and hope for future generations.
This information is meant to be a general summary of Timshol Ministries. 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.
- Gross Receipts: $115,841
Assets and Liabilities:
- Total Assets: $87,913
- Total Liabilities: $0
- Net Assets: $87,913
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Organization Details
Founding Year
2018
Phone
(501) 908-3063Principal Officer
William S New
Main Address
5015 Addison Circle, Addison, TX, 75001
NTEE Category
Code: X20 - Religion related
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