The Timothy Initiative

Raleigh, NC
Founded: 2009
Current Status: Member
Member Since: June 26, 2013
ECFA Accredited Ministry

Comparative Financial Data
  12/31/18 12/31/19 12/31/20
Revenue      
   Cash Donations $5,629,702 $8,012,282 $12,892,928
   Noncash Donations $491,368 $977,689 $599,771
   Other Revenue $106,490 $195,268 $499,839
   Total Revenue $6,227,560 $9,185,239 $13,992,538
Expenses      
   Program $3,797,557 $5,401,116 $6,610,510
   Administrative $266,777 $515,271 $538,438
   Fundraising $369,454 $394,810 $531,951
   Other $0 $0 $0
   Total Expenses $4,433,788 $6,311,197 $7,680,899
Excess (or Deficit)
      for the Year
$1,793,772 $2,874,042 $6,311,639
Other $0 $0 $0
Total Change
   in Net Assets
$1,793,772 $2,874,042 $6,311,639
Total Assets $5,948,956 $8,784,706 $15,354,297
Total Liabilities $114,478 $76,186 $333,542
Net Assets $5,834,478 $8,708,520 $15,020,755

Per the organization's financial statements

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