TIMMY FOUNDATION INC
22 E. 22nd Street Indianapolis, IN 46202 http://www.timmyfoundation.org
Mission and Programs
Mission
We serve direct populations through college and public medical brigades, but most importantly we seek to empower existing healthcare projects in the countries we serve by providing money, medicine, supplies and equipment.
Programs
*Medical outreach to four communities in South Quito, Ecuador - including direct medical service through medical brigades and support to La Fundacion Tierra Nueva, a community-based NGO. *Medical outreach to communities in Xela, Guatemala - including direct medical service through medical brigades and support to Asociation Pop-Wuj, a community-based NGO. *Advocacy and financial support to Holy Family Clinic in Jamaica, Asociacion Poder Joven in Colombia, and Bebor Schools in Nigeria.
Program / Activities (NTEE Code)
Health - General and Rehabilitative N.E.C.
Promotion of International Understanding
Fund Raising and/or Fund Distribution
Results
Accomplishments for Fiscal Year Ending 06/30/2008
- Distributed over $110,000 in funding to our 6 international partner projects.
- Organized 11 medical brigades to Ecuador(5), Dominican Republic (3), Guatemala (2) and Jamaica (1).
- Completed campaign to raise $46,000 in order to build a neonatology and pediatrics ward in Quito, Ecuador.
Objectives for Fiscal Year Beginning 07/01/2008
- Provide direct medical care to underserved communities in the developing world
- Fund infrastructure and capacity building projects that will allow community based health care initiatives to grow and better serve their communities.
- Utilize student volunteers as a resource, tapping into their creativity, passion, and energy, to make a lasting difference in the communities we serve.
Chief Executive Profile
Above all else, Dr. Charles Dietzen is a joyful, compassionate, generous man who is devoted to his patients. As a pediatric rehabilitation specialist and missionary doctor, his patients have very special needs. He refers to them as his spiritual leaders; as magnificent spirits in little bodies. The Foundation's work overseas is dedicated to Dr. Dietzen's pediatric hospice patients. "It is not my job to be successful. It is my job to be faithful," (Mother Teresa) is Dr. Chuck's favorite quote.
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending June 30, 2008
|
Revenue |
|
Expenses |
|
Contributions |
$5,223,427 |
|
Government Grants |
$0 |
|
Program Services |
$412,434 |
|
Investments |
$4,008 |
|
Special Events |
$65,172 |
|
Sales |
$0 |
|
Other |
$50 |
|
|
|
Program Services |
$5,626,615 |
|
Administration |
$112,146 |
|
Other |
$54,133 |
|
Total Expenditures |
$5,792,894
|
|
|
Total Revenue |
$5,705,091 |
|
NET GAIN/LOSS |
$(87,803) |
|
|
Balance
Sheet: Fiscal Year Ending June 30, 2008
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jul 1, 2007 |
Jun 30, 2008 |
Change |
| Cash
& Equivalent |
$191,784 |
$127,535 |
$(64,249) |
| Accounts
Receivable |
$0 |
$0 |
$0 |
| Pledges
& Grants Receivable |
$7,000 |
$3,000 |
$(4,000) |
| Receivables/Other |
$0 |
$0 |
$0 |
| Inventories
for Sale or Use |
$0 |
$0 |
$0 |
| Investments/Securities |
$0 |
$0 |
$0 |
| Investments/Other |
$0 |
$0 |
$0 |
| Fixed
Assets |
$353,871 |
$341,546 |
$(12,325) |
| Other |
$43,290 |
$19,521 |
$(23,769) |
| Total
Assets |
$595,945 |
$491,602 |
$(104,343) |
| |
|
|
|
|
Liabilities |
Jul 1, 2007 |
Jun 30, 2008 |
Change |
| Accounts
Payable |
$13,551 |
$26,211 |
$12,660 |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$35,438 |
$26,552 |
$(8,886) |
| Loans
and Notes |
$220,772 |
$200,458 |
$(20,314) |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total
Liabilities |
$269,761 |
$253,221 |
$(16,540) |
| |
| FUND BALANCE |
$326,184 |
$238,381 |
$(87,803) |
Comments from the organization
The Timmy Foundation's financail statements are audited each year (since 2006) by an independent auditor.
|

| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
35-2012757 |
|
Executive:
|
Dr.
Charles
Dietzen,
President and Founder
|
|
Contact:
|
Ms.
Stephanie
Lefebvre,
Director for Development
|
|
Phone:
|
(317) 920-1822
|
|
Fax:
|
(317) 920-1821
|
|
E-mail:
|
stephanie@timmyfoundation.org
|
Fiscal
Year: |
2008
|
Assets:
|
$491,602
|
Income:
|
$5,705,091
|
Year Founded: |
1997 |
|
No. of Board Members:
|
14
|
|
No. of Full Time Employees:
|
1-5
|
|
No. of Part-Time Employees:
|
1-5
|
|
Volunteers:
|
101-500
|
Audited Statements Available to Public:
|
Yes
|
Funding: |
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses, special projects and building improvements.
|
Locations Served: |
Indianapolis, Indiana
Ecuador, Guatemala, Colombia, Jamaica, Nigeria
|
|
|
Board of Directors
|
|
Lynn Hynes
Mark Wise
Dr. Charles Dietzen
Erin Biel
|
|
| |
|