Nonprofit · EIN 52-1950242
TIME DOLLAR INSTITUTE INC
Also known as TIME BANKS USA
Tax-exempt · WILMINGTON, DE 19806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $96,499 | $96,829 | -$330 | $20,743 | $16,395 | $4,348 |
| December 31, 2023 | 990-EZ | $150,579 | $140,967 | $9,612 | $22,198 | $15,515 | $6,683 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $83,934
- Program service revenue
- $12,565
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $57,500
- Salaries, compensation and benefits (total)
- $79,743
- Other expenses
- $17,086
- Program services (functional)
- $82,293
Balance sheet and other
- Total assets, start of year
- $4,678
- Total assets, end of year
- $20,743
- Total liabilities, end of year
- $16,395
- Net assets, end of year
- $4,348
- Cash, savings and investments
- $3,255
- Gross receipts
- $96,499
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTA WYATT | EXECUTIVE DIRECTOR | 40 | $57,500 |
| CHRISTINE GRAY | DIRECTOR | 10 | $0 |
| MARK MCDONOUGH | DIRECTOR | 1 | $0 |
| KATHY PERLOW | DIRECTOR | 15 | $0 |
| MIKE STRODE | DIRECTOR | 1 | $0 |
| SHERYL WALTON | DIRECTOR | 1 | $0 |
| JENN LASKIN ESQ | DIRECTOR | 1 | $0 |
| HUSSAIN RIZVI | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTA WYATT | EXECUTIVE DIRECTOR | 40 | $60,000 |
| CHRISTINE GRAY | DIRECTOR | 10 | $0 |
| MARK MCDONOUGH | DIRECTOR | 1 | $0 |
| KATHY PERLOW | DIRECTOR | 15 | $0 |
| MIKE STRODE | DIRECTOR | 1 | $0 |
| SHERYL WALTON | DIRECTOR | 1 | $0 |
| JENN LASKIN ESQ | DIRECTOR | 1 | $0 |
| HUSSAIN RIZVI | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1207 DELAWARE AVE 2486, WILMINGTON, DE 19806-4743
- In care of
- % EDGAR S CAHN
- Signed the 990-EZ
- KRISTA WYATT, EXECUTIVE DIRECTOR
- Phone
- (202) 656-8942
- Website
- https://timebanks.org/
- Return prepared by
- NANETTE K MILLER CPA PC
Mission
TO PROMOTE SOCIAL DEVELOPMENT BY USING A COMMUNITY BASED EXCHANGE SYSTEM.
Program accomplishments
- SEE SCHEDULE O.Expenses $82,293
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 52-1950242
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $20,743
- Income (IRS master file)
- $96,499
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $96,499 | $96,829 | $20,743 | XML |
| 990-EZ | December 2023 | $150,579 | $140,967 | $22,198 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1950242).
Questions about TIME DOLLAR INSTITUTE INC
- What is the EIN of TIME DOLLAR INSTITUTE INC?
- The employer identification number (EIN) of TIME DOLLAR INSTITUTE INC is 52-1950242.
- Is TIME DOLLAR INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to TIME DOLLAR INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TIME DOLLAR INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TIME DOLLAR INSTITUTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TIME DOLLAR INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of TIME DOLLAR INSTITUTE INC?
- The 990-EZ for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $57,500 (KRISTA WYATT, EXECUTIVE DIRECTOR).
- How much revenue does TIME DOLLAR INSTITUTE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $96,499, expenses of $96,829 and total assets of $20,743 at year end.
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All nonprofits in WILMINGTON · Delaware · Community improvement and capacity building