Tima Inc
Tima Inc. shows consistent revenue and zero officer compensation, but 2023 liabilities significantly increased.
EIN: 208615433 · Fort Lee, NJ · NTEE: X200 · Updated: 2026-03-28
About Tima Inc
Tima Inc (EIN: 208615433) is a nonprofit organization based in Fort Lee, NJ, classified under NTEE code X200. The organization reported total revenue of $1.2M and total assets of $989K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tima Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tima Inc with a Mission Score of 80 out of 100 (Excellent). 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, Tima 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.
Executive Compensation Analysis
Tima Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led model or that compensation is reported differently.
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 Tima Inc's IRS 990 filings:
- Significant increase in liabilities to $1,125,000 in 2023, exceeding assets of $698,138, which could indicate financial risk.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency beyond officer compensation.
Strengths
The following positive indicators were identified for Tima Inc:
- Consistent reporting of 0% officer compensation, indicating resources are directed away from executive salaries.
- Long operational history with 13 filings, demonstrating sustained activity.
- Positive trend in net assets from 2020 to 2023, showing growth in organizational resources (excluding the 2023 liability spike).
- Consistent revenue generation over multiple years, indicating stable funding sources.
Frequently Asked Questions about Tima Inc
What caused the significant increase in liabilities to $1,125,000 in 2023?
The provided data does not specify the nature of the liabilities, but this substantial increase from $573,000 in 2022 to $1,125,000 in 2023, exceeding current assets, is a critical area for further investigation to understand its impact on financial health.
How does Tima Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests a highly volunteer-driven leadership structure or that executive services are provided pro bono, which is a strong indicator of dedication to the mission.
What are the specific program activities funded by Tima Inc.?
The NTEE code X200 indicates a Religious Organization, but the filings do not detail specific program activities. Understanding these would provide better insight into the impact of their spending.
Filing History
IRS 990 filing history for Tima Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tima Inc's revenue has grown by 79.6%, moving from $303K to $544K. Total assets increased by 300.9% over the same period, from $174K to $698K. Total functional expenses rose by 103.2%, from $252K to $512K. In its most recent filing year (2023), Tima Inc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1K in liabilities against $698K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $697K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $544K | $512K | $698K | $1K | — | View 990 |
| 2022 | $506K | $460K | $667K | $573 | — | View 990 |
| 2021 | $614K | $533K | $620K | $319 | — | View 990 |
| 2020 | $375K | $509K | $539K | $562 | — | View 990 |
| 2019 | $828K | $716K | $690K | $17K | — | View 990 |
| 2018 | $614K | $574K | $565K | $3K | — | View 990 |
| 2017 | $476K | $601K | $529K | $7K | — | View 990 |
| 2016 | $560K | $599K | $651K | $4K | — | View 990 |
| 2015 | $587K | $411K | $912K | $227K | — | View 990 |
| 2014 | $647K | $515K | $511K | $1K | — | View 990 |
| 2013 | $1.1M | $818K | $378K | $536 | — | View 990 |
| 2012 | $596K | $642K | $127K | $482 | — | View 990 |
| 2011 | $303K | $252K | $174K | $745 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $544K, expenses of $512K, and assets of $698K (revenue +7.4% year-over-year).
- 2022: Revenue of $506K, expenses of $460K, and assets of $667K (revenue -17.6% year-over-year).
- 2021: Revenue of $614K, expenses of $533K, and assets of $620K (revenue +63.9% year-over-year).
- 2020: Revenue of $375K, expenses of $509K, and assets of $539K (revenue -54.7% year-over-year).
- 2019: Revenue of $828K, expenses of $716K, and assets of $690K (revenue +34.8% year-over-year).
- 2018: Revenue of $614K, expenses of $574K, and assets of $565K (revenue +29.0% year-over-year).
- 2017: Revenue of $476K, expenses of $601K, and assets of $529K (revenue -15.0% year-over-year).
- 2016: Revenue of $560K, expenses of $599K, and assets of $651K (revenue -4.5% year-over-year).
- 2015: Revenue of $587K, expenses of $411K, and assets of $912K (revenue -9.3% year-over-year).
- 2014: Revenue of $647K, expenses of $515K, and assets of $511K (revenue -39.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $818K, and assets of $378K (revenue +79.3% year-over-year).
- 2012: Revenue of $596K, expenses of $642K, and assets of $127K (revenue +96.8% year-over-year).
- 2011: Revenue of $303K, expenses of $252K, and assets of $174K.
Data Sources and Methodology
This transparency report for Tima 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.