Timmys Kids Inc
Timmys Kids Inc reports zero revenue and assets in its latest filing, following years of modest activity and a significant deficit in 2011.
EIN: 10565606 · Swanton, VT · NTEE: P30 · Updated: 2026-03-26
About Timmys Kids Inc
Timmys Kids Inc (EIN: 10565606) is a nonprofit organization based in Swanton, VT, classified under NTEE code P30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Timmys Kids 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 Timmys Kids Inc with a Mission Score of 60 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: 80%
- fundraising: 10%
According to IRS 990 filings, Timmys Kids Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reported 0% officer compensation across all available filings, indicating that its leadership was entirely volunteer-based and no funds were spent on executive salaries, which is appropriate for an organization of this size.
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 Timmys Kids Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential inactivity.
- Significant deficit in 2011, with expenses ($103,280) far exceeding revenue ($8,633).
Strengths
The following positive indicators were identified for Timmys Kids Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and low administrative overhead.
- No reported liabilities across all available filings, suggesting a debt-free status.
Frequently Asked Questions about Timmys Kids Inc
Is Timmys Kids Inc still operational?
The latest available data showing $0 in revenue and assets suggests the organization may no longer be actively operating or has significantly reduced its activities.
What caused the large expense in 2011?
In 2011, Timmys Kids Inc reported $103,280 in expenses against only $8,633 in revenue. Without further detail from the filing, it's unclear what specific event or expenditure led to this significant discrepancy.
How did the organization manage its finances with such low revenue?
During its active years, the organization operated with very low revenues (e.g., $9,281 in 2013). The consistent reporting of zero officer compensation indicates a reliance on volunteer efforts, which helps manage costs, but the 2011 deficit suggests financial challenges.
Filing History
IRS 990 filing history for Timmys Kids Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Timmys Kids Inc's revenue has grown by 7.5%, moving from $9K to $9K. Total assets decreased by 0.6% over the same period, from $44K to $44K. Total functional expenses fell by 92%, from $103K to $8K. In its most recent filing year (2013), Timmys Kids Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2013 | $9K | $8K | $44K | $0 | — | View 990 |
| 2012 | $6K | $7K | $43K | $0 | — | View 990 |
| 2011 | $9K | $103K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $9K, expenses of $8K, and assets of $44K (revenue +59.9% year-over-year).
- 2012: Revenue of $6K, expenses of $7K, and assets of $43K (revenue -32.8% year-over-year).
- 2011: Revenue of $9K, expenses of $103K, and assets of $44K.
Data Sources and Methodology
This transparency report for Timmys Kids 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.