Timothy Training International Nfp
Nonprofit profile at a glance
- EIN
- 262901737
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Plainfield, IL, USA
- Phone
- 8152462760
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,084,884
- Expenses
- $751,613
- Assets
- $4,554,660
- Liabilities
- $72,645
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Janson Chan (Executive Director)
Highest reported compensation
- Janson Chan (Executive Director): $181,372 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Deliver readily accessible and deeply engaging Bible-based learning that fosters Christ-centered personal living & church-directed spiritual ministry to Chinese church pastors and leaders.
What it reported doing in 2024
Timothy Institute & Fisherman Wharf: Timothy Institute provides credit courses online that lead to the Master of Arts degrees in Christian Studies Biblical Studies Worship Studies or Master of Divinity. Fisherman Wharf provides credit and non-credit courses that lead to the Chief-of-Tens Certificate or the Emmaus Certificate.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - Most voting board members are independent and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 58
- Accountability: 68
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56.6%; rating input score 57
- Program expense ratio: 62.2%; rating input score 62
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 56.8%; rating input score 57; 30th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 30.7%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 6.06; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 24.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: -1.4% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 56.6% of revenue deployed · 62.2% of spending went to programs
- Governance: 4 of 5 board members independent · 4 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $468K in reported program spending
- Leadership: top reported pay $181K · 5 people listed · 1 of 6 pay-setting controls reported
- Consistency: 42 of 44 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Review — Transparency & Controls: Grant itemization coverage scored 57/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.