The Timothy Network Inc

The Timothy Network Inc consistently spends more than it earns, with no reported officer compensation.

EIN: 203265444 · Murfreesboro, TN · NTEE: X20 · Updated: 2026-03-28

$91KRevenue
$69KAssets
75/100Mission Score (Good)
X20
The Timothy Network Inc Financial Summary
MetricValue
Total Revenue$91K
Total Expenses$101K
Program Spending85%
Net Assets$61K
Transparency Score75/100

Is The Timothy Network Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Timothy Network Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Timothy Network Inc

The Timothy Network Inc (EIN: 203265444) is a nonprofit organization based in Murfreesboro, TN, classified under NTEE code X20. The organization reported total revenue of $91K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Timothy Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

The Timothy Network Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$91K
Total Expenses$101K
Surplus / Deficit$-10,303
Total Assets$61K
Total Liabilities$312
Net Assets$61K
Operating Margin-11.3%
Debt-to-Asset Ratio0.5%
Months of Reserves7.2 months

Financial Health Grade: B

In 2023, The Timothy Network Inc reported a deficit of $10K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), The Timothy Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-0.9%+1.3%-14.4%
2022-6.7%+1.2%-9.9%
2021-28.2%+1.5%-0.8%
2020+12.6%-12.9%+97.8%
2019+7.0%+3.3%+34.3%

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Timothy Network Inc, operating with an NTEE code of X20, demonstrates consistent financial activity, typically generating around $90,000 to $130,000 in annual revenue. Over the past three years (2021-2023), the organization has consistently reported expenses exceeding revenue, leading to a slight decrease in net assets. For instance, in 2023, expenses were $101,252 against revenues of $90,949, and in 2022, expenses were $99,954 against revenues of $91,787. This trend suggests the organization is spending slightly more than it brings in, which could impact long-term financial stability if not addressed. The organization's assets have fluctuated, peaking around $79,930 in 2020 and currently standing at $61,171 as of the 2023 filing. Liabilities have remained very low, often under $500, indicating a healthy balance sheet in terms of debt. A significant positive is the consistent reporting of 0% officer compensation across all available filings, which suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, contributing to a higher proportion of funds potentially directed towards programs. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with reporting requirements. The absence of officer compensation is a strong indicator of financial prudence at the executive level. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated across different functional areas. To fully assess spending efficiency, more granular expense data would be beneficial.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Timothy Network Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, The Timothy Network Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$91KTotal Revenue
$101KTotal Expenses
$61KTotal Assets
$312Total Liabilities
$61KNet Assets
  • The organization reported a deficit of $10K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.5%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not directly compensated through this category, which is highly favorable for a nonprofit of this size and suggests a volunteer-driven leadership or alternative compensation structures.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of The Timothy Network Inc's IRS 990 filings:

  • Consistent operating deficits in recent years (e.g., 2023 expenses $101,252 vs. revenue $90,949)
  • Declining asset base from its peak in 2020 ($79,930) to 2023 ($61,171)

Strengths

The following positive indicators were identified for The Timothy Network Inc:

  • Consistent 0% officer compensation across all filings, indicating efficient use of funds for mission.
  • Very low liabilities, demonstrating strong financial management of debt.
  • Long and consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.

Frequently Asked Questions about The Timothy Network Inc

Is The Timothy Network Inc a legitimate charity?

The Timothy Network Inc (EIN: 203265444) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $91K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does The Timothy Network Inc spend its money?

The Timothy Network Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The Timothy Network Inc tax-deductible?

The Timothy Network Inc is registered as a tax-exempt nonprofit (EIN: 203265444). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The Timothy Network Inc's spending goes to programs?

The Timothy Network Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does The Timothy Network Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), The Timothy Network Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Timothy Network Inc located?

The Timothy Network Inc is headquartered in Murfreesboro, Tennessee and files with the IRS under EIN 203265444. It is classified under NTEE code X20.

How many years of IRS 990 filings does The Timothy Network Inc have?

The Timothy Network Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $91K in total revenue.

Is The Timothy Network Inc financially sustainable given its recent operating deficits?

The organization has consistently reported expenses exceeding revenue in recent years (e.g., $101,252 expenses vs. $90,949 revenue in 2023), leading to a decline in net assets. While current assets are sufficient to cover liabilities, this trend of operating deficits is not sustainable long-term without increased revenue or reduced expenses.

How does the lack of officer compensation impact the organization's efficiency?

The consistent reporting of 0% officer compensation is a significant strength, as it means more of the organization's revenue can be directed towards its mission and programs rather than executive salaries, enhancing overall spending efficiency.

What is the trend in the organization's assets and liabilities?

Assets have fluctuated, peaking in 2020 at $79,930 and declining to $61,171 by 2023. Liabilities have consistently remained very low, often under $500, indicating minimal debt and a healthy balance sheet in that regard.

Filing History

IRS 990 filing history for The Timothy Network Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Timothy Network Inc's revenue has grown by 12.2%, moving from $81K to $91K. Total assets increased by 1303% over the same period, from $4K to $61K. Total functional expenses rose by 10.3%, from $92K to $101K. In its most recent filing year (2023), The Timothy Network Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $312 in liabilities against $61K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $61K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $91K $101K $61K $312 View 990
2022 $92K $100K $71K $293 View 990
2021 $98K $99K $79K $0
2020 $137K $97K $80K $208 View 990
2019 $122K $112K $40K $474 View 990
2018 $114K $108K $30K $153 View 990
2017 $107K $105K $24K $105 View 990
2016 $110K $110K $22K $129 View 990
2015 $101K $97K $22K $0 View 990
2014 $98K $98K $18K $0 View 990
2013 $118K $103K $17K $0 View 990
2012 $89K $91K $2K $0 View 990
2011 $81K $92K $4K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $91K, expenses of $101K, and assets of $61K (revenue -0.9% year-over-year).
  • 2022: Revenue of $92K, expenses of $100K, and assets of $71K (revenue -6.7% year-over-year).
  • 2021: Revenue of $98K, expenses of $99K, and assets of $79K (revenue -28.2% year-over-year).
  • 2020: Revenue of $137K, expenses of $97K, and assets of $80K (revenue +12.6% year-over-year).
  • 2019: Revenue of $122K, expenses of $112K, and assets of $40K (revenue +7.0% year-over-year).
  • 2018: Revenue of $114K, expenses of $108K, and assets of $30K (revenue +6.6% year-over-year).
  • 2017: Revenue of $107K, expenses of $105K, and assets of $24K (revenue -3.1% year-over-year).
  • 2016: Revenue of $110K, expenses of $110K, and assets of $22K (revenue +9.4% year-over-year).
  • 2015: Revenue of $101K, expenses of $97K, and assets of $22K (revenue +2.4% year-over-year).
  • 2014: Revenue of $98K, expenses of $98K, and assets of $18K (revenue -16.6% year-over-year).
  • 2013: Revenue of $118K, expenses of $103K, and assets of $17K (revenue +33.1% year-over-year).
  • 2012: Revenue of $89K, expenses of $91K, and assets of $2K (revenue +9.3% year-over-year).
  • 2011: Revenue of $81K, expenses of $92K, and assets of $4K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Timothy Network Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Timothy Network Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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