TIMOTHY INITIATIVE MINISTRIES INC

EIN: 831401400 501(c)(3) Human Services

Tampa, FL

Total Revenue
$445,924
Total Expenses
$442,977
Total Assets
$180,208
Net Assets
$155,453
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
Brad Ewert
Phone
8138433645
Tax Period
2024-01-01 to 2024-12-31

TIMOTHY INITIATIVE MINISTRIES INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $446K in total revenue in fiscal year 2024.

Mission

We serve men whose lives have fallen apart due to addiction, homelessness, or some other major life challenge. We provide discipleship, recovery homes, sober living communities, and work therapy.

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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 $205,572
Program Service Revenue $238,935
Investment Income $2
Other Revenue $1,415
TOTAL REVENUE $445,924

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,979
Fundraising Expenses $6,877
Program Expenses $341,178
Other Expenses $282,998
TOTAL EXPENSES $442,977

Year-over-Year Comparison

2024 2023 Change
Revenue $445,924 $450,250 0.0%
Expenses $442,977 $427,478 +0.0%
Net Income $2,947 $22,772 -0.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
5
Volunteers
N/A

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michal Maddux President 2
Director
$0 $0 $0
William Barrett Secretary 1
Director
$0 $0 $0
Lindsay Carr CEO 40
Officer Director
$0 $0 $0
Tiffany Katter Director 1
Director
$0 $0 $0
Ernest Sampera Director 1
Director
$0 $0 $0
Alisa Rehn Director 1
Director
$0 $0 $0
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 No data No data No data No data
2024 $445,924 $442,977 $180,208 $2,947
2023 $450,250 $427,478 $185,048 $22,772
2022 $550,253 $529,718 $214,912 $20,535
2021 $573,285 $580,398 $207,072 $-7,113
2020 $266,071 $248,633 $201,782 $17,438
2019 $348,078 $320,393 $180,094 $27,685
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