Tim Tebow Foundation

The information on this page was last updated 2/7/2022. If you see errors or omissions, please email: [email protected]


Summary

The Tim Tebow Foundation exists to bring Faith, Hope and Love to those needing a brighter day in their darkest hour of need. The Foundation utilizes the public platform that God has blessed Tim Tebow with to inspire and make a difference in people's lives throughout the world. Their ministries include special needs ministry, orphan care and prevention, children with profound medical needs, and anti-human trafficking.


Contact information

Mailing address:
Tim Tebow Foundation
2220 County Road 210 W
Suite 108, PMB 317
Jacksonville, FL 32259

Website: timtebowfoundation.org

Phone:

Email: [email protected]


Organization details

EIN: 274345913

CEO/President: Steve Biondo

Chairman: Tim Tebow

Board size: 5

Founder: Tim Tebow

Ruling year: 2016

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2018


Purpose

The Christian faith is about loving Jesus and loving people, and that is what we are trying to do with this foundation and all of our outreaches. Whether it is spending a weekend encouraging a child with a life threatening illness through a W15H, helping a family adopt an international child with special needs, crowning kings and queens of the prom, or by showing God's love through our four other outreaches, our goal is to let people know that God loves them and that they are worthy.


Mission statement

To bring Faith, Hope and Love to those needing a brighter day in their darkest hour of need.


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: Evangelism

CategoryRatingOverall rankSector rank
Overall efficiency rating842 of 103329 of 43
Fund acquisition rating815 of 103528 of 43
Resource allocation rating466 of 103520 of 43
Asset utilization rating858 of 103332 of 43

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
5%9%9%9%8%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%9%9%9%8%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
96%99%101%100%101%101%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%11%12%10%9%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
4%1%-1%0%-1%-1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%83%82%83%83%79%
Spending ratio Spending ratio =
Total expenses /
Total revenue
91%79%79%91%90%44%
Program output ratio Program output ratio =
Program services /
Total revenue
73%65%65%76%75%35%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
9%21%21%9%10%56%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%13%12%5%5%47%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%6%6%7%7%8%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.000.470.450.520.420.37
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.461.521.641.871.932.06
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.140.720.740.970.800.75
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.1441.2829.4149.0141.1844.32
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.020.030.020.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.3416.3715.6112.0814.5615.55
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
15%3%2%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%2%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
84%206%217%191%238%270%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$3,118,133$1,372,649$868,851$1,126,575$622,209
Receivables, inventories, prepaids$255,855$355,143$291,767$763,310$699,086
Short-term investments$7,974,455$7,129,995$5,350,881$4,240,280$4,072,365
Other current assets$0$0$0$0$0
Total current assets$11,348,443$8,857,787$6,511,499$6,130,165$5,393,660
Long-term investments$247,645$0$0$0$0
Fixed assets$5,705,069$5,711,225$5,695,968$5,729,614$5,723,149
Other long-term assets$0$0$0$0$0
Total long-term assets$5,952,714$5,711,225$5,695,968$5,729,614$5,723,149
Total assets$17,301,157$14,569,012$12,207,467$11,859,779$11,116,809
 
Liabilities20202019201820172016
Payables and accrued expenses$274,918$301,143$132,874$148,877$121,687
Other current liabilities$0$0$0$0$0
Total current liabilities$274,918$301,143$132,874$148,877$121,687
Debt$278,200$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$278,200$0$0$0$0
Total liabilities$553,118$301,143$132,874$148,877$121,687
 
Net assets20202019201820172016
Without donor restrictions$15,674,419$14,267,869$12,074,593$11,710,902$10,978,967
With donor restrictions$1,073,620$0$0$0$16,155
Net assets$16,748,039$14,267,869$12,074,593$11,710,902$10,995,122
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$10,228,521$8,395,553$6,947,490$5,524,133$9,269,902
Program service revenue$0$0$0$0$0
Membership dues$5,182$6,575$9,086$0$19,433
Investment income$162,083$251,722$114,688$134,701$66,405
Other revenue($64,900)($315,477)($147,191)($165,491)($172,732)
Total other revenue$102,365($57,180)($23,417)($30,790)($86,894)
Total revenue$10,330,886$8,338,373$6,924,073$5,493,343$9,183,008
 
Expenses20202019201820172016
Program services$6,737,135$5,395,755$5,240,858$4,100,069$3,207,421
Management and general$466,792$417,002$466,348$365,877$340,900
Fundraising$912,898$764,525$627,967$464,564$520,518
Total expenses$8,116,825$6,577,282$6,335,173$4,930,510$4,068,839
 
Change in net assets20202019201820172016
Surplus (deficit)$2,214,061$1,761,091$588,900$562,833$5,114,169
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,214,061$1,761,091$588,900$562,833$5,114,169

Compensation

NameTitleCompensation
Steve BiondoPresident$237,975
John CarterVP of Finance$100,786

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 2/7/2022. To update the information below, please email: [email protected]


History

My early years were spent in the Philippines where my parents served as missionaries. My experiences there and the training from my parents who instilled in me the importance of God's word, the salvation that we have in His Son Jesus, and the responsibility that we have to give back to others, gave me a desire to make a difference in people's lives.

At the age of 15, I visited a remote village that had never seen visitors. There I met a boy named Sherwin who would impact my life more than anyone I have ever met. Sherwin was born with his feet on backwards and was viewed as "cursed" in his village. When the people saw me hold Sherwin, they realized that the good news of Jesus Christ applies to everyone. It was then that my passion grew to help people. That's why in 2010, I was so excited to create the Tim Tebow Foundation with a mission to bring Faith, Hope and Love to those needing a brighter day in their darkest hour of need.

The Christian faith is about loving Jesus and loving people, and that is what we are trying to do with this foundation and all of our outreaches. Whether it is spending a weekend encouraging a child with a life threatening illness through a W15H, helping a family adopt an international child with special needs, crowning kings and queens of the prom, or by showing God's love through our four other outreaches, our goal is to let people know that God loves them and that they are worthy.

We would not be able to accomplish our mission without God's blessings and the support of our generous donors and partners.


Program accomplishments


Needs