EIN 87-1351954

The Timothy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
17
City
Poplar Bluff
Year formed
2021
Most recent tax filings
2024-06-01
NTEE code, primary
Z99: Unknown
Description
The Timothy Foundation aims to meet the basic needs of individuals and families, providing hope and encouragement through life-long learning, job skills, and gainful employment. Revive Resale LLC generates revenue for the foundation by receiving donations of clothing and household goods at their store, which are then cleaned and sold. The SEMO Bible Institute enrolls students, with 11 receiving their first certificate from the Evangelical Training Association and six receiving their second certificate. Adult education is also available. The Timothy Foundation is located in Poplar Bluff, MO.
Total revenues
$382,660
2024
Total expenses
$359,268
2024
Total assets
$109,919
2024
Num. employees
17
2024

Program areas at The Timothy Foundation

Bible Institute and Adult Education: Thru the Adult Education program, we had nine students enrolled. Of those nine students, five are currently working on class credits toward a high school diploma. The other four students are being prepared for the HiSet test. In this fiscal year, we did not have any graduates. Thru the Bible Institute program, we had no students enrolled due to a transitional phase in the supporting institution. There will be students enrolled in the program next fiscal year which will include the potential of transferrable college credits.
Revive Resale LLC was created to generate revenue for The Timothy Foundation. Donations of clothing and household goods are received at the store and cleaned to be sold. Any items not resold are either used by the Helping Hands clothing closet or donated to other organizations. The revenue is included in line 1f-All other contributions, gifts, grants & similar with the donations listed as noncash contributions on line 1g.
Helping Hands Ministry: Our Helping Hands food pantry had 2,382 encounters assisting multiple families with food and hygiene items. Our Helping Hands clothing closet had 884 encounters assisting multiple families with clothing and household items. Assistance was also provided to several individuals and families in need with utilities, deposits and other miscellaneous expenses.

Who funds The Timothy Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dollar General Literacy FoundationAdult Literacy$10,000

Personnel at The Timothy Foundation

NameTitleCompensation
Wes TayloeExecutive Director$0
Candace TomerlinFinancial Manager

Financials for The Timothy Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$377,746
Program services$2,922
Investment income and dividends$1,992
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$382,660

Form 990s for The Timothy Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-04990View PDF
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Dollar General Literacy Foundation
December 8, 2023
Updated personnel
Identified 1 new personnel
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 28, 2023
Updated personnel
Identified 7 new personnel
January 2, 2023
Posted financials
Added Form 990N for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
ChristianReligiousTax deductible donationsAccepts online donations
General information
Address
419 Proctor Dr
Poplar Bluff, MO 63901
County
Butler County, MO
Website URL
timothyfoundationpb.org/ 
Phone
(573) 686-1260
IRS details
EIN
87-1351954
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Z99: Z99
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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