Timber Bay / Youth Investment Foundation

The information on this page was last updated 5/23/2023. If you see errors or omissions, please email: [email protected]


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: [email protected]


Organization details

EIN: 237058853

CEO/President: Jon Ring

Chairman: Rolf Jostad

Board size: 9

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

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating576 of 111060 of 121
Fund acquisition rating641 of 111158 of 121
Resource allocation rating716 of 111188 of 121
Asset utilization rating345 of 111035 of 121

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%6%5%6%5%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%6%5%6%4%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%93%96%88%90%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%6%6%4%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%7%4%12%10%12%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%75%80%83%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%82%103%100%97%
Program output ratio Program output ratio =
Program services /
Total revenue
77%76%61%82%83%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%18%-3%0%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%2%24%-4%0%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%17%19%15%13%12%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.861.161.051.381.291.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.762.702.675.285.454.42
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.793.132.817.267.065.30
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.9268.1544.5316.5013.8125.42
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.020.060.070.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.043.784.171.551.582.18
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%2%1%1%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%1%1%0%0%8%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
100%85%94%72%76%76%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$1,104,287$1,026,805$354,537$400,488$548,417
Receivables, inventories, prepaids$17,055$86,972$23,400$14,732$11,329
Short-term investments$0$0$42,198$0$1,053
Other current assets$0$0$0$0$0
Total current assets$1,121,342$1,113,777$420,135$415,220$560,799
Long-term investments$17,710$17,710$4,514$3,734$7,706
Fixed assets$1,883,763$1,846,670$1,792,374$1,846,006$1,903,708
Other long-term assets$0$0$0$0$4,208
Total long-term assets$1,901,473$1,864,380$1,796,888$1,849,740$1,915,622
Total assets$3,022,815$2,978,157$2,217,023$2,264,960$2,476,421
 
Liabilities20212020201920182017
Payables and accrued expenses$16,454$25,010$25,465$30,071$22,058
Other current liabilities$0$0$0$0$0
Total current liabilities$16,454$25,010$25,465$30,071$22,058
Debt$20,000$25,000$0$0$206,729
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$20,000$25,000$0$0$206,729
Total liabilities$36,454$50,010$25,465$30,071$228,787
 
Net assets20212020201920182017
Without donor restrictions$2,880,965$2,850,510$2,181,558$2,221,620$2,232,892
With donor restrictions$105,396$77,637$10,000$13,269$14,742
Net assets$2,986,361$2,928,147$2,191,558$2,234,889$2,247,634
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$3,299,011$3,662,724$2,624,447$2,631,444$2,691,928
Program service revenue$175,428$98,651$267,322$240,389$289,640
Membership dues$0$0$0$0$0
Investment income$37,909$5,174$12,582($4,158)$5,589
Other revenue$52,717$58,569$61,638$55,357$60,547
Total other revenue$266,054$162,394$341,542$291,588$355,776
Total revenue$3,565,065$3,825,118$2,965,989$2,923,032$3,047,704
 
Expenses20212020201920182017
Program services$2,719,428$2,333,179$2,431,367$2,427,632$2,503,012
Management and general$579,122$607,835$450,213$374,700$363,922
Fundraising$208,301$190,570$170,300$129,473$102,931
Total expenses$3,506,851$3,131,584$3,051,880$2,931,805$2,969,865
 
Change in net assets20212020201920182017
Surplus (deficit)$58,214$693,534($85,891)($8,773)$77,839
Other changes in net assets$0$0$0$0$0
Total change in net assets$58,214$693,534($85,891)($8,773)$77,839

Compensation

NameTitleCompensation
Jon RingPresident$99,806
Mark RitchieCOO/VP/Treas$80,254
Laura TolifsonCorp Secreta$58,088

Compensation data as of: 12/31/2022


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 5/23/2023. To update the information below, please email: [email protected]


History

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.


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.