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Nonprofiteer
← TIM LEE MINISTRIES

Form 990 for tax year 2023

Filed by TIM LEE MINISTRIES.

Totals

Total revenue
$900,216
Total expenses
$1,042,315
Contributions and grants received
$780,776
Grants paid
$99,022
Program service revenue
$0
Investment income
$20,926
Other revenue
$98,514
Total assets, end of year
$385,133
Total liabilities, end of year
$10,539
Net assets or fund balances, end of year
$374,594
Program services expenses (Part IX)
$865,702
Management and general expenses
$176,613
Fundraising expenses
$0
Program service expenses (Part III)
$865,702

Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $780,776

  • 3 · Investment income

    total $9,026 · excluded $9,026

  • 7a · Gross sales of assets other than inventory

    other assets $11,900

  • 7c · Gain or loss

    other assets $11,900

  • 7d · Net gain or loss

    total $11,900

  • 10a · Gross sales of inventory

    $78,103

  • 10b · Cost of goods sold

    $4,619

  • 10c · Net income from sales of inventory

    total $73,484

  • 11a · Other revenue: Reimbursement income

    total $25,030 · related or exempt $25,030

  • 11e · Other revenue, total

    $25,030

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $54,322 · program services $54,322

  • 2 · Grants to domestic individuals

    total $44,700 · program services $44,700

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $183,420 · program services $146,736 · management and general $36,684

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $169,819 · program services $118,873 · management and general $50,946

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $69,186 · program services $44,634 · management and general $24,552

  • 10 · Payroll taxes

    total $24,637 · program services $16,014 · management and general $8,623

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $4,500 · management and general $4,500

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $500 · management and general $500

  • 12 · Advertising and promotion

    total $1,040 · program services $832 · management and general $208

  • 13 · Office expenses

    total $82,657 · program services $55,740 · management and general $26,917

  • 14 · Information technology

    total $387 · program services $290 · management and general $97

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $36,364 · program services $28,964 · management and general $7,400

  • 17 · Travel

    total $78,877 · program services $78,877

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $2,824 · program services $2,824

  • 20 · Interest

    total $1,442 · program services $1,154 · management and general $288

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $15,888 · program services $12,710 · management and general $3,178

  • 23 · Insurance

    total $2,055 · management and general $2,055

  • 24a · Other expenses: Ministry celebration event

    total $213,359 · program services $213,359

  • 24b · Other expenses: Postage and printing

    total $24,421 · program services $19,870 · management and general $4,551

  • 24c · Other expenses: Meals and entertainment

    total $29,397 · program services $23,292 · management and general $6,105

  • 24e · All other expenses

    total $2,520 · program services $2,511 · management and general $9

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $261,103 · end of year $7,375

  • 2 · Savings and temporary cash investments

    beginning of year $224,751 · end of year $283,777

  • 5 · Loans and receivables from officers and key people

    beginning of year $16,365 · end of year $16,365

  • 7 · Other notes and loans receivable

    beginning of year $9,488 · end of year $9,488

  • 10a · Land, buildings and equipment: cost or other basis

    $161,907

  • 10b · Land, buildings and equipment: accumulated depreciation

    $93,779

  • 10c · Land, buildings and equipment, net

    beginning of year $36,920 · end of year $68,128

  • 17 · Accounts payable and accrued expenses

    beginning of year $31,734 · end of year $10,539

  • 27 · Net assets without donor restrictions

    beginning of year $516,893 · end of year $374,594

Mission and programs · 2023

Mission

Tim Lee Ministries purpose is to preach the life changing truth of the Word of God, declaring salvation through Jesus Christ and a strong message of revival.

  • Evangelical tours involve traveling to churches, conferences, and other events to preach the life changing truth of the Word of God, declaring salvation through Jesus Christ and a strong message of revival.

    Expenses $865,702 · Grants $99,022

As filed on the 2023 return.

Listed in Part VII

  • Tim Lee

    President

    Total calculated
    $112,710
    From this org
    $81,510
    From related orgs
    $0
    Other
    $31,200
    Hours/week
    80
  • Connie Lee

    Vice President

    Total calculated
    $70,714
    From this org
    $70,714
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Tony Alford

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Chris Alford

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Gary Coleman

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Ron Story

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Gaylord Rush

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Jerry Walls

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Gordon Godfrey

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Joe Myers

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • Joshua Nations

    $6,000

    Share the Gospel

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349325413

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