2024-10-18T11:36:56-04:00 2023-12-31 273979541 STEVE RICE CPA INC 2810 NW 69TH AVE MARGATE FL 330632000 990 2023-01-01 800472803 THE TIMOTHY INITIATIVE INC TIMO 9197615760 PO BOX 98177 RALEIGH NC 27624 JARED NELMS CEO & PRESIDENT 5613334222 2024-09-19 true true STEVE RICE P01445650 9542634878 2024-09-26 2023 2024-10-15 13:58:12Z JARED NELMS PO BOX 98177 RALEIGH NC 27624 23210724 false X TTIONLINE.ORG X 2009 FL THE TIMOTHY INITIATIVE EXISTS TO ADVANCE CHRIST'S KINGDOM BY MULTIPLYING DISCIPLES AND DISCIPLE MAKING CHURCHES AROUND THE WORLD. 10 8 52 225 0 18551259 21756188 0 0 -67171 906517 18484088 22662705 2093504 0 3775966 5567876 0 1699705 13873927 14080073 17649893 21741453 834195 921252 26997979 28387864 596620 1065253 26401359 27322611 THE TIMOTHY INITIATIVE EXISTS TO ADVANCE CHRIST'S KINGDOM BY MULTIPLYING DISCIPLES AND DISCIPLE MAKING CHURCHES AROUND THE WORLD. false false 10172233 765379 PROJECTS IN ASIA FOCUS ON DISCIPLE MAKING, CHURCH PLANTING AND LEADERSHIP DEVELOPMENTIN AND THROUGH INDIGENOUS LEADERSHIP, WE WORK IN PLACES AND AMONG PEOPLE WHO HAVE LITTLE TO NO ACCESS TO THE GOSPEL. THE PRIMARY AIM OF ALL EFFORTS RESULT IN NEW DISCIPLES MADE AND MULTIPLIED, NEW CHURCHES PLANTED AND MULTIPLIED, NEW LEADERS RAISED UP MULTIPLIED, ORPHANS AND WIDOWS TAKEN IN AND CARED FOR BY THE LOCAL CHURCH, UNREACHED PEOPLE GROUPS AND UNREACHED PLACES ENGAGED. 6613854 1313144 PROJECTS IN AFRICA FOCUS ON DISCIPLE MAKING, CHURCH PLANTING AND LEADERSHIP DEVELOPMENTIN AND THROUGH INDIGENOUS LEADERSHIP, WE WORK IN PLACES AND AMONG PEOPLE WHO HAVE LITTLE TO NO ACCESS TO THE GOSPEL. THE PRIMARY AIM OF ALL EFFORTS RESULT IN NEW DISCIPLES MADE AND MULTIPLIED, NEW CHURCHES PLANTED AND MULTIPLIED, NEW LEADERS RAISED UP MULTIPLIED, ORPHANS AND WIDOWS TAKEN IN AND CARED FOR BY THE LOCAL CHURCH, UNREACHED PEOPLE GROUPS AND UNREACHED PLACES ENGAGED. 2037078 14981 PROJECTS IN THE AMERICAS FOCUS ON DISCIPLE MAKING, CHURCH PLANTING AND LEADERSHIP DEVELOPMENTIN AND THROUGH INDIGENOUS LEADERSHIP, WE WORK IN PLACES AND AMONG PEOPLE WHO HAVE LITTLE TO NO ACCESS TO THE GOSPEL. THE PRIMARY AIM OF ALL EFFORTS RESULT IN NEW DISCIPLES MADE AND MULTIPLIED, NEW CHURCHES PLANTED AND MULTIPLIED, NEW LEADERS RAISED UP MULTIPLIED, ORPHANS AND WIDOWS TAKEN IN AND CARED FOR BY THE LOCAL CHURCH, UNREACHED PEOPLE GROUPS AND UNREACHED PLACES ENGAGED. 18823165 true true false false false false false false false false true false false false true false true false false true true true false false true false false false false true false false false false false true true false true false false false true false false false false true 15 0 52 true false false false false false false false false false false false false X 10 8 true false false false false false false true false false false true true true true true true true true false FL NC X X ERIC KING 9197615760 7200 STONEHENGE DR 2ND FLOOR RALEIGH NC 27613 JARED NELMS CEO & PRESID 40.00 X X 210531 0 63894 DAVID NELMS FOUNDER 40.00 X X 226651 0 24861 JUSTIN SOGOIAN CHIEF DEVEL 40.00 X 164189 0 59397 SCOTT RIDOUT COO 40.00 X 112591 0 95888 FREGY JOHN INT'L MINIST 40.00 X 115346 0 27305 ANDRE HARRIOTT INT'L OPERAT 40.00 X 112846 0 21816 JEFF FORESTER BOARD CHAIR 5.00 X 0 0 33333 MALCOLM CARTER DIRECTOR 5.00 X 0 0 0 JONATHAN FALWELL DIRECTOR 5.00 X 0 0 0 DON KELLY TREASURER 5.00 X X 0 0 0 LESLIE KELLY DIRECTOR 5.00 X 0 0 0 SWEETLIN MANOHARAN DIRECTOR 5.00 X 0 0 0 ALAN POENITSKE DIRECTOR 5.00 X 0 0 0 KATHY ROBERTSON SECRETARY 5.00 X X 0 0 0 942154 326494 6 false true false M28 GLOBAL 13705 NW PETTYGROVE ST PORTLAND OR 97229 SOFTWARE DEVO 703632 1 5709310 16046878 681002 21756188 5709310 548019 -548019 GAIN ON INVESTMENTS 977567 977567 OTHER REVENUE 483799 483799 LOSS ON FORGN CURR TRANSL -1054 -1054 -5776 -5776 1454536 22662705 1454536 2093504 2093504 437182 417508 19674 5130694 3479281 512189 1139224 203268 203268 8046 8046 48822 15822 33000 1119083 708124 293528 117431 3362633 3224671 137962 78104 76663 1441 CURRICULUM AND MINISTRY 8772075 8394053 125608 252414 MINISTRY EVENTS 416911 413539 3372 BANK CHARGES 71131 71131 21741453 18823165 1218583 1699705 4384228 10114340 17240838 1936757 4853 11823 289972 68870 380066 152014 308788 228052 4704974 15634040 64326 393982 26997979 28387864 560791 671271 35829 393982 596620 1065253 X 9455547 9751814 16945812 17570797 26401359 27322611 26997979 28387864 921252 X false true X true false X 8989971 13492699 19793910 18551259 21756188 82584027 8989971 13492699 19793910 18551259 21756188 82584027 82584027 138426 37516 239871 415813 82999840 2639057 0.99500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 380066 152014 228052 228052 ROU LEASE LIABILITY 393982 393982 22662705 22662705 22662705 21741453 21741453 21741453 true CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES CHURCH PLANTING 631231 EAST ASIA AND THE PACIFIC PROGRAM SERVICES CHURCH PLANTING 4859476 SOUTH ASIA PROGRAM SERVICES CHURCH PLANTING 1291760 AFRICA PROGRAM SERVICES CHURCH PLANTING 3705087 10487554 10487554 CHURCH PLANTING 769465 WIRE TRANSFER 58170 AUDITO BIBLES FMV CHURCH PLANTING 443509 WIRE TRANSFER 42000 AUDIO BIBLES FMV OPERATIONS EXPENSES 765379 WIRE TRANSFER 3 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 CENTRAL AMERICA AND THE CARIBBEAN 631,231 0 EAST ASIA AND THE PACIFIC 4,859,476 0 SOUTH ASIA 1,291,760 0 AFRICA 3,705,087 0 All States GLOBAL PARTNER 5509363 5509363 298082 149041 49680 63 BARRELS 122517 122517 24508 12254 4084 1 77430 77430 10370 5709310 5709310 322590 161295 53764 10370 548019 -548019 X true true X X X X false false false false false false false false false JARED NELMS CEO & PRESIDENT 210531 19398 44496 274425 DAVID NELMS FOUNDER 226651 8361 16500 251512 JUSTIN SOGOIAN CHIEF DEVEL OFCR 164189 36730 22667 223586 SCOTT RIDOUT COO 112591 23888 72000 208479 JESSE NELMS BROTHER TO CEO 95000 SALARY false CHARITY JACKSON SISTER TO CEO 55000 SALARY false JEFF FORRESTER BOARD CHAIRMAN 33333 SERVICE CONTRACT false X 2 121531 X JESUS FILMS 1 7152 X AUDIO BIBLES 1 546210 X CRYPTOCURRENCY 1 6109 false false false FORM 990, PAGE 6, PART VI, LINE 2 DAVID NELMS JARED NELMS FOUNDER CEOPRESIDENT FATHER AND SON DON KELLY LESLIE KELLY TREASURER DIRECTOR SPOUSES FORM 990, PAGE 6, PART VI, LINE 8B NO SUBCOMMITTEES GIVEN AUTHORITY OF THE FULL BOARD FORM 990, PAGE 6, PART VI, LINE 11B IT IS THE POLICY OF THE TIMOTHY INITIATIVE, INC. TO HAVE ITS EXTERNAL ACCOUNTANT PREPARE THE FORM 990 AND SUBMIT IT TO THE IRS AS PART OF THEIR ANNUAL FINANCIAL STATEMENT PREPARATION. THE PRESIDENT AND TREASURER REVIEWS THE FORM 990 WITH THE ACCOUNTANT AND THEN SENDS IT TO THE ENTIRE BOARD FOR REVIEW BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY (TTI AMENDED BYLAWS, ARTICLE 11 - CONFLICTS OF INTEREST POLICY, SECTION 3.4) - IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PAGE 6, PART VI, LINE 15A A SUBCOMMITTEE OF THE BOARD CONDUCTS AN ANALSYSIS ON THE COMPENSATION PACKAGES FOR ALL EXECUTIVE EMPLOYEES SUBMITTING AN ACCEPTABLE RANGE FOR ESTABLISHING COMPENSATION LEVELS. FORM 990, PAGE 6, PART VI, LINE 15B A SUBCOMMITTEE OF THE BOARD CONDUCTS AN ANALSYSIS ON THE COMPENSATION PACKAGES FOR ALL EMPLOYEES SUBMITTING AN ACCEPTABLE RANGE FOR ESTABLISHING COMPENSATION LEVELS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDESTAR.ORG, CHARITY NAVIGATOR, OR UPON REQUEST. GLOCAL TRANSFORMATION NETWORK LLC 5400 CAHABA WAY RALEIGH NC 27616 861306626 NC TTI