Skip to content
ProPublica Donate

Timothy Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Details

According to its June 2024 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$5.91k (2024)

Expenses
$93.9k (2024)

Total Assets
$1.08M (2024)

Total Liabilities
$849k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,913
Expenses
$93,939
Net Income
-$88,026
Net Assets
$226,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,913
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,075,112
Total Liabilities $849,000
Net Assets $226,112
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cliff Clark (President) $0 $0 $0
Craig Amodemo (Secretary) $0 $0 $0
Jeff Dilandro (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Howard Wright (Member) $0 $0 $0
Walter Maxwell (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
John Paul Puma (Member) $0 $0 $0
Darryl Ford (Member) $0 $0 $0
Thaddaeus Hill (Executive Director) $0 $220,138 $0
James Oliva (Cfo) $0 $109,377 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,515
Expenses
$82,935
Net Income
-$73,420
Net Assets
$293,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $9,515
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,080,105
Total Liabilities $786,424
Net Assets $293,681
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cliff Clark (President) $0 $0 $0
Craig Amodemo (Secretary) $0 $0 $0
Jeff Dilandro (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Howard Wright (Member) $0 $0 $0
Walter Maxwell (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
John Paul Puma (Member) $0 $0 $0
Darryl Ford (Member) $0 $0 $0
Thaddaeus Hill (Executive Director) $0 $188,477 $0
James Oliva (Cfo) $0 $102,624 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,469
Expenses
$78,297
Net Income
-$70,828
Net Assets
$379,122
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $7,469
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,118,307
Total Liabilities $739,185
Net Assets $379,122
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cliff Clark (President) $0 $0 $0
Craig Amodemo (Secretary) $0 $0 $0
Jeff Dilandro (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Howard Wright (Member) $0 $0 $0
Walter Maxwell (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
John Paul Puma (Member) $0 $0 $0
Darryl Ford (Member) $0 $0 $0
Thaddaeus Hill (Executive Director) $0 $186,221 $0
James Oliva (Cfo) $0 $62,864 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,444
Expenses
$68,687
Net Income
-$61,243
Net Assets
$517,575
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $7,444
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,175,751
Total Liabilities $658,176
Net Assets $517,575
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cliff Clark (President) $0 $0 $0
Craig Amodemo (Secretary) $0 $0 $0
Jeff Dilandro (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Howard Wright (Member) $0 $0 $0
Walter Maxwell (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
John Paul Puma (Member) $0 $0 $0
Darryl Ford (Member) $0 $0 $0
Thaddaeus Hill (Executive Director) $0 $191,595 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,428
Expenses
$73,768
Net Income
$2,660
Net Assets
$542,068
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
86.4%
Investment Income $10,428
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,152,566
Total Liabilities $610,498
Net Assets $542,068
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cliff Clark (President) $0 $0 $0
Craig Amodemo (Secretary) $0 $0 $0
Jeff Dilandro (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Howard Wright (Member) $0 $0 $0
Walter Maxwell (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
John Paul Puma (Member) $0 $0 $0
Darryl Ford (Member) $0 $0 $0
Thaddaeus Hill (Executive Director) $0 $181,550 $11,894

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,292
Expenses
$79,327
Net Income
-$3,035
Net Assets
$556,154
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
86.5%
Investment Income $10,292
13.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,174,889
Total Liabilities $618,735
Net Assets $556,154
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Howard Wright (President) $0 $0 $0
Walter Maxwell (Secretary) $0 $0 $0
Cliff Clark (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Jeff Dilandro (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Craig Amodemo (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
Thaddaeus Hill (Executive Director) $0 $176,069 $13,586

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,000
Expenses
$69,182
Net Income
-$3,182
Net Assets
$560,205
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,184,505
Total Liabilities $624,300
Net Assets $560,205
Compensation
Key Employees and Officers Compensation Related Other
Thaddaeus Hill (Executive Dir.) $0 $166,785 $10,497
Howard Wright (President) $0 $0 $0
Walter Maxwell (Secretary) $0 $0 $0
Craig Amodemo (Member) $0 $0 $0
Cliff Clark (Vice President) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Anthony Cestari (Member) $0 $0 $0
Jeff Dilandro (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Chad Smith (Member) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Steve Kenney (Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,000
Expenses
$76,848
Net Income
-$10,848
Net Assets
$573,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,215,789
Total Liabilities $641,800
Net Assets $573,989
Compensation
Key Employees and Officers Compensation Related Other
Craig Amodemo (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Anthony Cestari (Member) $0 $0 $0
Cliff Clark (Vice Preside) $0 $0 $0
Paul Crouch (Member) $0 $0 $0
Jeff Dilandro (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Thaddaeus Hill (Executive Di) $0 $165,969 $8,122
Yves Lawson (Member) $0 $0 $0
Walter Maxwell (Secretary) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Chad Smith (Member) $0 $0 $0
Jack Stites (Member) $0 $0 $0
Howard Wright (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,000
Expenses
$76,878
Net Income
-$10,878
Net Assets
$554,164
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,207,823
Total Liabilities $653,659
Net Assets $554,164
Compensation
Key Employees and Officers Compensation Related Other
Craig Amodemo (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Anthony Cestari (Member) $0 $0 $0
Cliff Clark (Vice Preside) $0 $0 $0
Jeff Dilandro (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Brishan Hatcher (Member) $0 $0 $0
Thaddaeus Hill (Executive Di) $0 $163,334 $5,058
Yves Lawson (Member) $0 $0 $0
Walter Maxwell (Secretary) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Jack Stites (Member) $0 $0 $0
Howard Wright (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,000
Expenses
$67,196
Net Income
-$1,196
Net Assets
$574,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,242,257
Total Liabilities $667,923
Net Assets $574,334
Compensation
Key Employees and Officers Compensation Related Other
Craig Amodemo (Member) $0 $0 $0
Linda Bateman (Member) $0 $0 $0
Anthony Cestari (Member) $0 $0 $0
Cliff Clark (Vice Preside) $0 $0 $0
Jeff Dilandro (Member) $0 $0 $0
Josephine Ewing (Member) $0 $0 $0
Thaddaeus Hill (Executive Di) $0 $0 $0
Yves Lawson (Member) $0 $0 $0
Walter Maxwell (Secretary) $0 $0 $0
Derek Peterson (Treasurer) $0 $0 $0
Jack Stites (Member) $0 $0 $0
Howard Wright (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,000
Expenses
$65,081
Net Income
$919
Net Assets
$193,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $66,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $888,914
Total Liabilities $695,264
Net Assets $193,650

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$67,100
Expenses
$65,377
Net Income
$1,723
Net Assets
$192,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $67,100
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $828,605
Total Liabilities $635,874
Net Assets $192,731

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,776
Expenses
$117,851
Net Income
$10,925
Net Assets
$191,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $127,476
99.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1,300
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $844,617
Total Liabilities $653,609
Net Assets $191,008

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$92,286
Expenses
$99,851
Net Income
-$7,565
Net Assets
$180,083
Notable Sources of Revenue Percent of Total Revenue
Contributions $90,086
97.6%
Program Services $2,200
2.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $858,521
Total Liabilities $678,438
Net Assets $180,083

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us