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Organizations Religious & Spiritual The Timothy Initiative Inc.

The Timothy Initiative Inc.

Fiscal year ending 2023. Filed on October 18, 2024.

PO Box 98177
Raleigh, North Carolina 27624

The Timothy Initiative Inc. (EIN: 80-0472803) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, The Timothy Initiative Inc., a 501(c)(3) charitable organization, reported compensation for 6 out of 52 total employees. Among the employees shown here, the average compensation is $205,886. The highest compensated employee at The Timothy Initiative Inc. is Jared Nelms with fiscal year 2023 compensation of $274,425.

Revenue, expenses, and employee compensation

Revenue

$22,662,705

Expenses

$21,741,453

Employee compensation

$5,567,876
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jared Nelms
President and Chief Executive Officer
$274,425
$210,531 No related comp$63,894
David Nelms
Founder
$251,512
$226,651 No related comp$24,861
Justin Sogoian
Chief Devel
$223,586
$164,189 No related comp$59,397
Scott Ridout
Chief Operating Officer
$208,479
$112,591 No related comp$95,888
Fregy John
Int'L Minist
$142,651
$115,346 No related comp$27,305
Andre Harriott
Int'L Operat
$134,662
$112,846 No related comp$21,816

Benchmark Employee Compensation

Non-Employee Board Members

Jeff Forester
Board Chair
$33,333
$0 No related comp$33,333
Alan Poenitske
Director
No compensation reported
Don Kelly
Treasurer
No compensation reported
Kathy Robertson
Secretary
No compensation reported
Leslie Kelly
Director
No compensation reported
Jonathan Falwell
Director
No compensation reported
Sweetlin Manoharan
Director
No compensation reported
Malcolm Carter
Director
No compensation reported

Contractors

M28 Global
Software Devo
$703,632

Mission Statement

THE TIMOTHY INITIATIVE EXISTS TO ADVANCE CHRIST'S KINGDOM BY MULTIPLYING DISCIPLES AND DISCIPLE MAKING CHURCHES AROUND THE WORLD.

Revisions to this organization profile

October 18, 2024:
2023 The Timothy Initiative Inc. 990 filed
August 1, 2023:
2022 The Timothy Initiative Inc. 990 filed
August 15, 2022:
2021 The Timothy Initiative Inc. 990 filed

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Timothy Initiative Ministries Inc.
Tampa, Florida