Timothy Ministry Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 60%)

Timothy Ministry Inc has received a Two-Star rating from Charity Navigator, indicating that it has room for improvement, particularly in its accountability and financial practices. The organization has an overall score of 60%, primarily due to a lack of independent board members, missing financial statements, and a website not listed on its tax form. In terms of governance, it does have policies in place for conflict of interest and whistleblower protections.

Despite its governance weaknesses, Timothy Ministry Inc shows some strengths in its financial management. The organization maintains a high program expense ratio of 88.27%, suggesting that a significant majority of its funds are directed towards its programs rather than administrative costs. Additionally, it has reported no material diversion of assets, showcasing a commitment to integrity in its operations.

However, the absence of independent board members is concerning as it may affect the organization's ability to operate transparently and with accountability. Stakeholders may want to consider these factors when evaluating their support for Timothy Ministry Inc, as the organization navigates its governance and financial reporting challenges.

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

Timothy Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Timothy Ministry 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: $180,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,016

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