TIM TEBOW FOUNDATION
Using data as of: December 2015
Rating: RECOMMEND
About
Everyone knows Tim Tebow and most have heard of his foundation, but few know what they actually do. The Tim Tebow Foundation operates or supports several different Christian-themed programs that help the disadvantaged around the world.
They operate the “Night to Shine,” which provides a prom night experience to those with special needs and run a program to help children with life threating illnesses meet Tim. They created children’s playrooms in hospitals, which helps take the child’s mind off their illness. They supported aid programs and hospital construction in the Philippines. They also support orphan care and adoption aid for those with special needs.
More information on the Tim Tebow Foundation can be found here:
https://www.timtebowfoundation.org/
Tim Tebow Foundation Facebook:
https://www.facebook.com/TimTebowFoundation/
Our Analysis
Financial information comes from the latest public Form 990 filing.
Financial Overview
The Tim Tebow Foundation brought in almost $3.8 million in revenue according to their latest report.FINANCIAL INFORMATION
| CURRENT YEAR | |
|---|---|
| Contributions | 3,790,761 |
| Investment Income | 118,633 |
| Other Revenue | -146,666 |
| TOTAL REVENUE | 3,762,728 |
| Grants Paid | 1,961,444 |
| Salaries & Compensation | 702,794 |
| Other Expenses | 1,095,110 |
| TOTAL EXPENSES | 3,759,348 |
| Revenue Minus Expenses | 3,380 | Totals may include items not listed above |
| END OF YEAR | |
|---|---|
| Assets | 5,931,948 |
| Liabilities | 175,518 |
| NET ASSETS | 5,759,430 |
| Number of employees | 18 |
| Voting board members | 7 |
Income Sources
The vast majority of their $4.2 million in revenue, came from individual contributions, which generated almost $3.8 million in revenue. The remainder came from income from their investments.INCOME SOURCES
| TOTAL REVENUE | |
|---|---|
| Contributions | 2,474,283 |
| Fundraising Events | 1,160,478 |
| Related Organizations | 156,000 |
| TOTAL | 3,790,761 |
| Program Revenue | 0 |
| TOTAL REVENUE | 3,762,728 | Totals may include items not listed above |
Expenses and Philanthropic Spending
The Tim Tebow Foundation is fairly efficient with their spending, with about 80% of spending going to their mission. We like to see a charity spend at least 75% on their mission, so 80% is acceptable. They have higher fundraising expenses, but they hold several fundraising events that bring in a large amount of revenue, so these costs are justified.| Program Spending | |
|---|---|
| Night To Shine | 1,605,534 |
| Orphan Care | 391,828 |
| Timmy’s Playrooms | 244,290 |
| Tebow Cure Hospital | 127,295 |
| Philippine Aid | 118,149 |
| Adoption Aid | 109,605 |
| W15H | 76,241 |
| Other | 346,376 |
| TOTAL | 3,019,318 |
EXPENSES
| TOTAL EXPENSES | PROGRAM EXPENSES | ADMIN EXPENSES | FUNDRAISING EXPENSES | |
|---|---|---|---|---|
| Total expenses | 3,759,348 | 3,019,318 | 281,015 | 459,015 |
| Percentage of spending | 80.3% | 7.5% | 12.2% |
Our Conclusion
The Tim Tebow Foundation is a solid organization with an admirable mission. We give them a RECOMMEND rating.
Contact:
Tim Tebow Foundation
2220 County Road 210 W
Suite 108, PMB 317
Jacksonville, FL 32259
Phone: (904) 380-8499
Tim Tebow Foundation Form 990 – Financial Information: LINK
Financial information comes from the latest Form 990 filing. This review is the opinion of Local Philanthropic and is provided for general information purposes only. Please conduct your own due diligence before donating to any nonprofit.