Timoteo Philadelphia Inc
- Assets
- $456.3k
- Revenue
- $350.3k
- Investments
- $10.0k
- Employees
- 9
- Location
- Philadelphia, PA
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 46-4820175
Organization Overview
Timoteo Philadelphia Inc is located in Philadelphia, PA. The organization was established in 2015. According to its NTEE Classification (N65) the organization is classified as: Football, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Timoteo Philadelphia Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timoteo Philadelphia Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Timoteo Philadelphia Inc generated $350.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $257.4k during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TIMOTEO PHILADELPHIA INC ENGAGES YOUTH IN PHILADELPHIA, PROVIDES LEADERSHIP TRAINING AND MENTORSHIP RELATIONSHIPS BY OPERATION YOUTH ATHLETIC LEAGUES AND SUMMER PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIMOTEO ENGAGES YOUTH IN PHILADELPHIA AND PROVIDES LEADERSHIP TRAINING AND MENTORSHIP RELATIONSHIPS BY OPERATING ATHLETIC LEAGUES.
FLAG FOOTBALL LEAGUE - THE TIMOTEO YOUTH LEAGUE IS A CORE OF TIMOTEO, AND CURRENTLY SERVES OVER 250 YOUNG MEN.
SUMMER CAMP - TIMOTEOS SUMMER CAMP PROGRAM IS A LEADERSHIP DEVELOPMENT COURSE ON THE GRIDIRON/ EVERY SUMMER FOR 5 WEEKS, WE EMPLOY EIGHT OF OUR YOUTH AGES 16-17 AS CAMP COUNSELORS TO 10-15 YEAR OLDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Tinsley Board Member | Trustee | 2 | $0 |
Jamie Cartegena Board Member | Trustee | 2 | $0 |
Cassandra Martinez Board Member | Trustee | 2 | $0 |
Abraham Kwon Board Member | Trustee | 2 | $0 |
Natalie Balcer Board President/secretary | OfficerTrustee | 2 | $0 |
Kuyboem Lee Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,055 |
| Related organizations | $0 |
| Government grants | $185,871 |
| All other contributions, gifts, grants, and similar amounts not included above | $156,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,600 |
| Total Program Service Revenue | $3,661 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,425 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $51,260 |
| Compensation of current officers, directors, key employees. | $51,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,260 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,283 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,219 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,043 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,932 |
| All other expenses | $15,668 |
| Total functional expenses | $257,417 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,256 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $456,256 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $456,256 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $456,256 |