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The Tim Reynolds Foundation

EIN 36-4668111 · Locust, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood70 out of 100GovernanceGood83 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE O.THE FOUNDATION PLANS TO ESTABLISH OVER THE NEXT TEN YEARS IN AS MANY AS TWENTY COUNTRIES TECHNICAL ART SCHOOLS THAT WILL FOSTER THE TALENTS AND INTERESTS OF ADULTS IN THOSE COUNTRIES. EACH OF THESE SCHOOLS WILL HAVE ITS OWN REGULAR STUDENT BODY, FACILITY, AND REGULAR CURRICULUM AND A FACULTY.ADMISSION TO THE FOUNDATION'S SCHOOLS WILL BE OPEN TO INTERESTED STUDENTS. ALL STUDENTS WILL ATTEND THE FOUNDATIONS SCHOOLS FREE OF CHARGE. THE FOUNDATION WILL ENDEAVOR TO ENSURE THAT THE STUDENT BODY AT ITS SCHOOLS INCLUDE PERSONS FROM VARIOUS DEMOGRAPHIC AND GEOGRAPHIC AREAS AND AT ALL TIMES THE FACULTY AND STUDENTS WILL BE CHOSEN WITHOUT REGARD TO GENDER, RACE, CULTURE, RELIGION OR NATIONAL ORIGIN.

Income
$844,626
Spending
$3.3 million
Spent on programs
86%
Reserves
62.5 months of spending
Largest source of income
investment income, 100%
Employees
5
Volunteers
3

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 70 out of 100. Higher than 38% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 62.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 286% of income.

  • Income trend

    0 of 15

    Income fell 90% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 83 out of 100. Higher than 72% of charities in its peer group (education, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $2.8 million spent. THE FOUNDATION ANTICIPATES ESTABLISHING SCHOOLS IN UNDERDEVELOPED AND DEVELOPING NATIONS WITH INITIAL PROJECTS IN ANGUILLA, DOMINICAN REPUBLIC, SRI LANKA, AND THAILAND. THE FOUNDATION'S SCHOOLS WILL OFFER AN INTENSIVE, MULTI-YEAR CURRICULUM FOR TEACHING AND TRAINING COURSES IN PAINTING, DRAWING AND OTHER ART TECHNIQUES.TECHNICAL ART SCHOOL - (WAICHULIS - 15 STUDENTS)TECHNICAL ART SCHOOL - (DOMINICAN REPUBLIC - 18 STUDENTS)TECHNICAL ART SCHOOL - ( SRI LANKA - 50 STUDENTS)

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.