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

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating210 of 99912 of 73
Fund acquisition rating372 of 100122 of 73
Resource allocation rating532 of 100139 of 73
Asset utilization rating106 of 9996 of 73

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%6%5%4%4%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%6%4%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%88%90%88%88%88%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%4%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
21%12%10%12%12%12%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%80%83%84%85%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%103%100%97%98%96%
Program output ratio Program output ratio =
Program services /
Total revenue
75%82%83%82%83%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%-3%0%3%2%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%-4%0%3%3%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%15%13%12%12%10%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.851.381.291.201.211.20
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.035.285.454.425.416.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.887.267.065.306.527.34
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.5316.5013.8125.4220.0620.20
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.060.070.040.050.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.341.551.582.181.751.55
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%1%1%9%10%11%
Debt ratio Debt ratio =
Debt /
Total assets
3%0%0%8%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
87%72%76%76%74%74%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$354,537$400,488$548,417$420,096$367,108
Receivables, inventories, prepaids$23,400$14,732$11,329$27,834$20,082
Short-term investments$42,198$0$1,053$0$2,928
Other current assets$0$0$0$0$0
Total current assets$420,135$415,220$560,799$447,930$390,118
Long-term investments$4,514$3,734$7,706$0$0
Fixed assets$1,792,374$1,846,006$1,903,708$1,971,377$1,986,848
Other long-term assets$0$0$4,208$5,041$5,875
Total long-term assets$1,796,888$1,849,740$1,915,622$1,976,418$1,992,723
Total assets$2,217,023$2,264,960$2,476,421$2,424,348$2,382,841
 
Liabilities20192018201720162015
Payables and accrued expenses$25,465$30,071$22,058$22,325$19,308
Other current liabilities$0$0$0$0$0
Total current liabilities$25,465$30,071$22,058$22,325$19,308
Debt$0$0$206,729$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$229,929$253,172
Total long-term liabilities$0$0$206,729$229,929$253,172
Total liabilities$25,465$30,071$228,787$252,254$272,480
 
Net assets20192018201720162015
Without donor restrictions$2,181,558$2,221,620$2,232,892$2,156,752$2,077,566
With donor restrictions$10,000$13,269$14,742$15,342$32,795
Net assets$2,191,558$2,234,889$2,247,634$2,172,094$2,110,361
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$2,624,447$2,631,444$2,691,928$2,632,429$2,613,390
Program service revenue$267,322$240,389$289,640$295,837$304,048
Membership dues$0$0$0$0$0
Investment income$12,582($4,158)$5,589$6,812($836)
Other revenue$61,638$55,357$60,547$49,344$58,270
Total other revenue$341,542$291,588$355,776$351,993$361,482
Total revenue$2,965,989$2,923,032$3,047,704$2,984,422$2,974,872
 
Expenses20192018201720162015
Program services$2,431,367$2,427,632$2,503,012$2,481,543$2,494,891
Management and general$450,213$374,700$363,922$342,387$286,648
Fundraising$170,300$129,473$102,931$98,759$81,075
Total expenses$3,051,880$2,931,805$2,969,865$2,922,689$2,862,614
 
Change in net assets20192018201720162015
Surplus (deficit)($85,891)($8,773)$77,839$61,733$112,258
Other changes in net assets$0$0$0$0$0
Total change in net assets($85,891)($8,773)$77,839$61,733$112,258

Compensation

NameTitleCompensation
Wayne ThyrenBoard Member$133,984
Jon RingPresident$75,652
Mark RitchieCOO$70,688
Laura TolifsonCorp Secreta$51,355

Compensation data as of: 12/31/2019


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.