Timber Bay / Youth Investment Foundation

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/16/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

We help youth create deep, healthy connections with peers and mentors through community programs, camp & adventure trips.

Timber Bay is a collection of community groups focused on youth in the upper Midwest. We believe in the inherent value of each and every person and are motivated by faith in Christ to instill hope, build identity, and create belonging.

Community groups meet regularly within their community and serve middle school and high school students. Students or community volunteers (depending on who you're talking about) can join a group at any time.

Timber Bay Camp & Retreat Center is the "home away from home" for our teens. Several times a year, community groups will journey to Camp together for a time of personal growth. These shared experiences plant memories that will last a lifetime. Our campgrounds are also a rentable retreat option for outside groups.


Contact information

Mailing address:
Youth Investment Foundation
1364 Hamel Rd
Medina, MN 55340

Website: timberbay.org

Phone: 763-478-0500

Email: info@timberbay.org


Organization details

EIN: 237058853

CEO/President: Jon Ring

Chairman: John Prichard

Board size: 8

Founder:

Ruling year: 1970

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

Timber Bay, a ministry of Youth Investment Foundation, is an organization of dedicated youth workers committed to personal, ongoing mentorship with young people.

Since 1970, Timber Bay has accomplished this through a combination of camping retreats and community group gatherings throughout the upper Midwest.

From the beginning, our unified focus has been to help teens discover the emotional and spiritual healing that Christ can bring to their lives.

For youth, real impact that takes time and nurturing happens when a well-developed support system is in place. One-time events may be beneficial, but they are not nearly as effective as the teens having a safe, healthy community, where long-term mentors walk with them through their everyday lives.

Without strong support-systems like Timber Bay, teens are more likely to make poor choices that can lead to destructive behaviors and perpetual negative cycles. The mentors of Timber Bay are present to help them overcome these obstacles and grow toward positive choices and behaviors.


Mission statement


Statement of faith

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating389 of 102227 of 76
Fund acquisition rating296 of 102418 of 76
Resource allocation rating785 of 102454 of 76
Asset utilization rating274 of 102223 of 76

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%5%6%5%4%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%6%4%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
78%96%88%90%88%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%6%4%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
22%4%12%10%12%12%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%75%80%83%84%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%82%103%100%97%98%
Program output ratio Program output ratio =
Program services /
Total revenue
73%61%82%83%82%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%18%-3%0%3%2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%24%-4%0%3%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%19%15%13%12%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.811.051.381.291.201.21
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.042.675.285.454.425.41
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.732.817.267.065.306.52
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.1244.5316.5013.8125.4220.06
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.020.060.070.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.934.171.551.582.181.75
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
12%2%1%1%9%10%
Debt ratio Debt ratio =
Debt /
Total assets
3%1%0%0%8%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
97%94%72%76%76%74%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,026,805$354,537$400,488$548,417$420,096
Receivables, inventories, prepaids$86,972$23,400$14,732$11,329$27,834
Short-term investments$0$42,198$0$1,053$0
Other current assets$0$0$0$0$0
Total current assets$1,113,777$420,135$415,220$560,799$447,930
Long-term investments$17,710$4,514$3,734$7,706$0
Fixed assets$1,846,670$1,792,374$1,846,006$1,903,708$1,971,377
Other long-term assets$0$0$0$4,208$5,041
Total long-term assets$1,864,380$1,796,888$1,849,740$1,915,622$1,976,418
Total assets$2,978,157$2,217,023$2,264,960$2,476,421$2,424,348
 
Liabilities20202019201820172016
Payables and accrued expenses$25,010$25,465$30,071$22,058$22,325
Other current liabilities$0$0$0$0$0
Total current liabilities$25,010$25,465$30,071$22,058$22,325
Debt$25,000$0$0$206,729$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$229,929
Total long-term liabilities$25,000$0$0$206,729$229,929
Total liabilities$50,010$25,465$30,071$228,787$252,254
 
Net assets20202019201820172016
Without donor restrictions$2,850,510$2,181,558$2,221,620$2,232,892$2,156,752
With donor restrictions$77,637$10,000$13,269$14,742$15,342
Net assets$2,928,147$2,191,558$2,234,889$2,247,634$2,172,094
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,662,724$2,624,447$2,631,444$2,691,928$2,632,429
Program service revenue$98,651$267,322$240,389$289,640$295,837
Membership dues$0$0$0$0$0
Investment income$5,174$12,582($4,158)$5,589$6,812
Other revenue$58,569$61,638$55,357$60,547$49,344
Total other revenue$162,394$341,542$291,588$355,776$351,993
Total revenue$3,825,118$2,965,989$2,923,032$3,047,704$2,984,422
 
Expenses20202019201820172016
Program services$2,333,179$2,431,367$2,427,632$2,503,012$2,481,543
Management and general$607,835$450,213$374,700$363,922$342,387
Fundraising$190,570$170,300$129,473$102,931$98,759
Total expenses$3,131,584$3,051,880$2,931,805$2,969,865$2,922,689
 
Change in net assets20202019201820172016
Surplus (deficit)$693,534($85,891)($8,773)$77,839$61,733
Other changes in net assets$0$0$0$0$0
Total change in net assets$693,534($85,891)($8,773)$77,839$61,733

Compensation

NameTitleCompensation
Wayne ThyrenBoard Member$137,494
Jon RingPresident$85,302
Mark RitchieCOO/VP/Treas$67,058
Laura TolifsonCorp Secreta$52,058

Compensation data as of: 12/31/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/16/2021. To update the information below, please email: info@ministrywatch.com


History


Program accomplishments


Needs

Timber Bay relies on people who believe (like us) that the best way to make a positive impact in the lives of youth is through stable, long-term mentoring relationships. Each staff member lives off the support they raise so they can invest their time into the lives of young people.