ST TIMOTHY'S SCHOOL

EIN: 560754499 501(c)(3) Education

RALEIGH, NC

Total Revenue
$11,675,213
Total Expenses
$11,299,050
Total Assets
$17,059,603
Net Assets
$10,349,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
NC
Principal Officer
MR F JOSEPH DIAB
Phone
9197829918
Tax Period
2024-07-01 to 2025-06-30

ST TIMOTHY'S SCHOOL, founded in 1966, is a mid-sized nonprofit in the Education sector that reported $11.7M in total revenue in fiscal year 2024. Expenses of $11.3M left a modest 3% surplus.

Mission

ST. TIMOTHY'S EPISCOPAL SCHOOL IS A NURTURING COMMUNITY OF ACADEMIC EXCELLENCE THAT INSTILLS THE KNOWLEDGE, SKILLS, AND VALUES FOR A LIFE OF PURPOSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $671,040
Program Service Revenue $10,621,793
Investment Income $324,383
Other Revenue $57,997
TOTAL REVENUE $11,675,213

Expense Breakdown

Grants Paid $25,100
Salaries & Benefits $8,119,135
Fundraising Expenses $530,513
Program Expenses $9,327,782
Other Expenses $3,154,815
TOTAL EXPENSES $11,299,050

Year-over-Year Comparison

2024 2023 Change
Revenue $11,675,213 $11,558,098 +0.0%
Expenses $11,299,050 $10,557,413 +0.1%
Net Income $376,163 $1,000,685 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
182
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$543,202
Total Directors
16
$0
Key Employees
1
$179,959
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR JOE DIAB CHAIRMAN 4.00
Officer Director
$0 $0 $0
MR CHUCK NEELY BOARD MEMBER 3.00
Director
$0 $0 $0
MR STEVE DIXON BOARD MEMBER 2.50
Director
$0 $0 $0
MR WEB WEST BOARD MEMBER 1.00
Director
$0 $0 $0
MR DAN CAHILL BOARD MEMBER (TO JUN '25) 1.00
Director
$0 $0 $0
MR NICK LOMBARDI BOARD MEMBER 2.00
Director
$0 $0 $0
MR AARON SPENCER BOARD MEMBER 2.00
Officer Director
$0 $0 $0
MRS SUZANNE WILKISON BOARD MEMBER 1.25
Director
$0 $0 $0
MR JIM CAIN BOARD MEMBER 1.00
Director
$0 $0 $0
MRS NDIDI AZIKIWE BOARD MEMBER 1.00
Director
$0 $0 $0
MRS ELIZABETH BUNN BOARD MEMBER 1.00
Director
$0 $0 $0
FATHER ALLEN WALLER BOARD MEMBER 1.00
Director
$0 $0 $0
MR ROBERT BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
MRS MARIA PLENTL BOARD MEMBER 0.50
Director
$0 $0 $0
MR ROBERT ANGE BOARD MEMBER 1.00
Director
$0 $0 $0
MRS CHARLOTTE RUSSELL BOARD MEMBER (FROM JUN '25) 1.00
Director
$0 $0 $0
MRS BRENDA BEAMON DIRECTOR OF FINANCE 40.00
Officer
$150,432 $19,821 $170,253
MR TIM TINNESZ HEAD OF SCHOOL 40.00
Officer
$349,677 $23,272 $372,949
MR TIM COLEMAN ASSOCIATE HEAD OF SCHOOL 40.00
Key Emp
$163,713 $16,246 $179,959
LINDSAY BEHRENS HEAD OF LOWER SCHOOL 40.00
Highest
$114,305 $12,324 $126,629
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,675,213 $11,299,050 $17,059,603 $376,163
2024 $11,558,098 $10,557,413 $16,609,599 $1,000,685
2023 $10,524,335 $9,750,295 $15,394,552 $774,040
2022 $9,679,781 $9,153,444 $15,423,389 $526,337
2021 $9,412,948 $8,314,343 $11,674,881 $1,098,605
2020 $7,668,681 $7,438,199 $10,905,481 $230,482
2019 $8,888,311 $7,152,717 $9,912,185 $1,735,594
2018 $8,094,764 $7,127,985 $8,863,488 $966,779
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