Quick charity verification for Timothy Place Nfp (EIN: 201835089)
Verdict: Timothy Place Nfp shows mixed signals
45/100Mission Score
$23.4MRevenue
$124.3MAssets
5Red Flags
2Strengths
Red Flags
Consistent operational deficits (e.g., $3.8M deficit in 2023)
Declining asset base over the past decade (from $162M to $123M)
Liabilities consistently exceed assets (e.g., $230M liabilities vs $123M assets in 2023)
Unusually low or 0% reported officer compensation for an organization of this size
Long-term financial sustainability concerns due to ongoing deficits and asset depletion
Strengths
Consistent revenue generation over $20 million annually
Established presence with a long filing history (12 filings)
Spending Breakdown
How Timothy Place Nfp allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Timothy Place Nfp
Is Timothy Place Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Timothy Place Nfp (EIN: 201835089) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is Timothy Place Nfp a good charity to donate to?
Timothy Place Nfp has a Mission Score of 45/100. Revenue: $23.4M. Assets: $124.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Timothy Place Nfp?
The Employer Identification Number (EIN) for Timothy Place Nfp is 201835089. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Timothy Place Nfp spend its money?
Timothy Place Nfp allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Timothy Place Nfp's tax-exempt status?
You can verify Timothy Place Nfp's tax-exempt status using EIN 201835089 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Timothy Place Nfp consistently operates with a significant deficit, with expenses regularly exceeding revenue by a substantial margin. For example, in 2023, expenses were $26,318,903 against revenues of $22,515,252, resulting in a deficit of nearly $3.8 million. This trend is observed across all available filings, indicating a reliance on existing assets or other non-revenue funding sources to cover operational costs. The organization's assets have also shown a consistent decline over the past decade, from $162,327,656 in 2014 to $123,658,033 in 2023, while liabilities remain very high, often exceeding assets. This financial structure raises concerns about long-term sustainability.
The organization reports 0% officer compensation across all filings, which suggests either a fully volunteer-led executive team or that executive compensation is reported under other expense categories, which would impact transparency regarding leadership costs. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. However, the consistent operational deficits and declining asset base are significant financial indicators that warrant closer examination.
Given the consistent operational deficits and the decline in assets, Timothy Place Nfp appears to be facing ongoing financial challenges. While the lack of reported officer compensation could be seen as a positive for resource allocation, the overall financial picture suggests a need for strategic adjustments to achieve financial stability and ensure long-term viability. The high liabilities relative to assets also present a considerable financial risk.