-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PSxSmtsgUyZmVwmzBvkNIJa/BlZhcNTbAN0c/O/gazL/vCGRfcwbvhQD37jpB2HT SNTMPoYnGJRvY2MlnBpb4g== 0001012709-99-000171.txt : 19990315 0001012709-99-000171.hdr.sgml : 19990315 ACCESSION NUMBER: 0001012709-99-000171 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIMOTHY PLAN CENTRAL INDEX KEY: 0000916490 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 597016828 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: SEC FILE NUMBER: 811-08228 FILM NUMBER: 99564077 BUSINESS ADDRESS: STREET 1: 1304 W FAIRBANKS AVE CITY: WINTER PARK STATE: FL ZIP: 32789 BUSINESS PHONE: 4076441986 MAIL ADDRESS: STREET 1: 1304 W FAIRBANKS AVE CITY: WINTER PARK STATE: FL ZIP: 32789 NSAR-B 1 N-SAR (3.0.A) PAGE 1 000 B000000 12/31/98 000 C000000 000916490 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 3.0.a 000 J000000 U 001 A000000 THE TIMOTHY PLAN 001 B000000 811-8228 001 C000000 4076441986 002 A000000 1304 WEST FAIRBANKS AVENUE 002 B000000 WINTER PARK 002 C000000 FL 002 D010000 32789 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 2 007 C010100 1 007 C020100 THE TIMOTHY PLAN 007 C030100 N 007 C010200 2 007 C020200 THE TIMOTHY PLAN VARIABLE SERIES 007 C030200 N 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A00AA01 TIMOTHY PARTNERS, LTD. 008 B00AA01 A 008 C00AA01 801-45766 008 D01AA01 WINTER PARK 008 D02AA01 FL 008 D03AA01 32789 008 A00AA02 AWAD & ASSOCIATES 008 B00AA02 S 008 C00AA02 801-10418 008 D01AA02 NEW YORK 008 D02AA02 NY 008 D03AA02 10022 020 A000001 RAYMOND JAMES & ASSOCIATES 020 B000001 59-1237041 020 C000001 43 PAGE 2 020 A000002 EISNER NATIONAL FINANCIAL SERVICE 020 B000002 04-2785576 020 C000002 11 020 A000003 ROBINSON HUMPHREY 020 B000003 58-1472560 020 C000003 2 020 A000004 MCDONALD & COMPANY 020 C000004 2 020 A000005 PAINE WEBBER 020 B000005 13-2638166 020 C000005 2 020 A000006 FIRST ANALYSIS 020 C000006 2 020 A000007 SCHROEDER SECURITIES 020 C000007 1 020 A000008 MERRILL LYNCH 020 B000008 13-5674085 020 C000008 1 020 A000009 BREAN MURRAY 020 B000009 13-2760052 020 C000009 1 020 A000010 BEAR STEARNS & CO 020 B000010 13-3299429 020 C000010 1 021 000000 67 022 A000001 BREAN MURRAY 022 B000001 13-2760052 022 C000001 2020 022 D000001 341 022 A000002 JEFFRIES & CO 022 B000002 95-2622900 022 C000002 640 022 D000002 14 022 A000003 PRUDENTIAL BACHE 022 C000003 333 022 D000003 0 022 A000004 RAYMOND JAMES & ASSOC 022 B000004 59-1237041 022 C000004 300 022 D000004 0 022 A000005 SCHRODER SECURITIES 022 C000005 285 022 D000005 0 022 A000006 ROBINSON, HUMPHREY 022 B000006 58-1472560 022 C000006 145 022 D000006 275 022 A000007 FIRST ALBANY CORP 022 B000007 14-1391446 022 C000007 127 022 D000007 0 PAGE 3 022 A000008 HERZOG, HEINE 022 B000008 13-1955436 022 C000008 40 022 D000008 0 022 A000009 MCDONALD & COMPANY 022 C000009 12 022 D000009 0 022 A000010 EVEREN SECURITIES 022 B000010 34-1542819 022 C000010 0 022 D000010 8 023 C000000 4558 023 D000000 1185 062 A00AA00 N 062 B00AA00 0.0 062 C00AA00 0.0 062 D00AA00 0.0 062 E00AA00 0.0 062 F00AA00 0.0 062 G00AA00 0.0 062 H00AA00 0.0 062 I00AA00 0.0 062 J00AA00 0.0 062 K00AA00 0.0 062 L00AA00 0.0 062 M00AA00 0.0 062 N00AA00 0.0 062 O00AA00 0.0 062 P00AA00 0.0 062 Q00AA00 0.0 062 R00AA00 0.0 066 A00AA00 Y 066 B00AA00 N 066 C00AA00 N 066 D00AA00 Y 066 E00AA00 N 066 F00AA00 N 066 G00AA00 N 067 00AA00 N 068 A00AA00 N 068 B00AA00 N 069 00AA00 N 077 A000000 Y 077 B000000 Y 080 A00AA00 RELIANCE INSURANCE COMPANY 080 C00AA00 500 081 A00AA00 N 081 B00AA00 0 082 A00AA00 Y 082 B00AA00 10 083 A00AA00 N PAGE 4 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 028 A010100 1043 028 A020100 0 028 A030100 1043 028 A040100 596 028 B010100 998 028 B020100 0 028 B030100 998 028 B040100 385 028 C010100 763 028 C020100 0 028 C030100 763 028 C040100 229 028 D010100 708 028 D020100 0 028 D030100 708 028 D040100 404 028 E010100 734 028 E020100 0 028 E030100 734 028 E040100 190 028 F010100 709 028 F020100 181 028 F030100 890 028 F040100 480 028 G010100 4955 028 G020100 181 028 G030100 5136 028 G040100 2284 028 H000100 3453 029 000100 Y 030 A000100 96 030 B000100 5.50 030 C000100 0.00 031 A000100 32 031 B000100 0 032 000100 64 033 000100 0 034 000100 Y 035 000100 19 036 A000100 N 036 B000100 0 037 000100 N 038 000100 0 039 000100 N 040 000100 Y 041 000100 Y PAGE 5 042 A000100 0 042 B000100 25 042 C000100 0 042 D000100 758 042 E000100 0 042 F000100 0 042 G000100 0 042 H000100 0 043 000100 161 044 000100 0 071 A000100 23445 071 B000100 15763 071 C000100 22705 071 D000100 69 072 A000100 12 072 B000100 148 072 C000100 250 072 D000100 0 072 E000100 0 072 F000100 215 072 G000100 48 072 H000100 0 072 I000100 65 072 J000100 10 072 K000100 0 072 L000100 15 072 M000100 0 072 N000100 25 072 O000100 0 072 P000100 0 072 Q000100 42 072 R000100 10 072 S000100 4 072 T000100 161 072 U000100 12 072 V000100 0 072 W000100 19 072 X000100 626 072 Y000100 124 072 Z000100 -104 072AA000100 0 072BB000100 1024 072CC010100 0 072CC020100 1805 072DD010100 0 072DD020100 0 072EE000100 187 073 A010100 0.0000 073 A020100 0.0000 073 B000100 1.2900 073 C000100 0.0000 PAGE 6 074 A000100 143 074 B000100 0 074 C000100 0 074 D000100 431 074 E000100 0 074 F000100 24466 074 G000100 0 074 H000100 0 074 I000100 2411 074 J000100 0 074 K000100 14 074 L000100 96 074 M000100 5 074 N000100 27566 074 O000100 0 074 P000100 0 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 164 074 S000100 0 074 T000100 27402 074 U010100 1220 074 U020100 1320 074 V010100 10.89 074 V020100 10.70 074 W000100 0.0000 074 X000100 3183 074 Y000100 0 075 A000100 0 075 B000100 25312 076 000100 0.00 028 A010200 76 028 A020200 0 028 A030200 76 028 A040200 5 028 B010200 41 028 B020200 0 028 B030200 41 028 B040200 0 028 C010200 55 028 C020200 0 028 C030200 55 028 C040200 25 028 D010200 27 028 D020200 0 028 D030200 27 028 D040200 12 028 E010200 16 028 E020200 0 PAGE 7 028 E030200 16 028 E040200 0 028 F010200 88 028 F020200 0 028 F030200 88 028 F040200 9 028 G010200 303 028 G020200 0 028 G030200 303 028 G040200 51 028 H000200 0 071 A000200 175 071 B000200 3 071 C000200 84 071 D000200 4 072 A000200 8 072 B000200 3 072 C000200 0 072 D000200 0 072 E000200 0 072 F000200 1 072 G000200 0 072 H000200 0 072 I000200 0 072 J000200 2 072 K000200 0 072 L000200 0 072 M000200 0 072 N000200 0 072 O000200 0 072 P000200 0 072 Q000200 0 072 R000200 0 072 S000200 0 072 T000200 0 072 U000200 0 072 V000200 0 072 W000200 0 072 X000200 3 072 Y000200 2 072 Z000200 2 072AA000200 0 072BB000200 2 072CC010200 9 072CC020200 0 072DD010200 0 072DD020200 0 072EE000200 0 073 A010200 0.0000 073 A020200 0.0000 073 B000200 0.0000 PAGE 8 073 C000200 0.0000 074 A000200 0 074 B000200 0 074 C000200 0 074 D000200 0 074 E000200 0 074 F000200 179 074 G000200 0 074 H000200 0 074 I000200 116 074 J000200 0 074 K000200 1 074 L000200 19 074 M000200 0 074 N000200 315 074 O000200 13 074 P000200 0 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 1 074 S000200 0 074 T000200 301 074 U010200 29 074 U020200 0 074 V010200 10.38 074 V020200 0.00 074 W000200 0.0000 074 X000200 1 074 Y000200 0 075 A000200 0 075 B000200 144 076 000200 0.00 SIGNATURE ARTHUR D. ALLY TITLE PRESIDENT EX-99 2 ACCOUNTANTS CONSENT REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON INTERNAL CONTROL STRUCTURE SHAREHOLDERS AND BOARD OF TRUSTEES THE TIMOTHY PLAN WINTER PARK, FLORIDA In planning and performing our audit of the financial statements of The Timothy Plan for the year ended December 31, 1998, we considered its internal control structure, including procedures for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on the internal control structure. The management of the Fund is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. Two of the objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that transactions are executed in accordance with management's authorization and recorded properly to permit preparation of financial statements in conformity with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or irregularities may occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of the specific internal control structure elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving the internal control structure, including procedures for safeguarding securities, that we consider to be material weaknesses, as defined above, as of December 31, 1998. This report is intended solely for the information and use of management and the Securities and Exchange Commission, and should not be used for any other purpose. TAIT, WELLER & BAKER PHILADELPHIA, PENNSYLVANIA FEBRUARY 19, 1999 REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS ON INTERNAL CONTROL STRUCTURE SHAREHOLDERS AND BOARD OF TRUSTEES THE TIMOTHY PLAN VARIABLE SERIES WINTER PARK, FLORIDA In planning and performing our audit of the financial statements of The Timothy Plan Variable Series for the period ended December 31, 1998, we considered its internal control structure, including procedures for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on the internal control structure. The management of the Fund is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. Two of the objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition, and that transactions are executed in accordance with management's authorization and recorded properly to permit preparation of financial statements in conformity with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or irregularities may occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of the specific internal control structure elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving the internal control structure, including procedures for safeguarding securities, that we consider to be material weaknesses, as defined above, as of December 31, 1998. This report is intended solely for the information and use of management and the Securities and Exchange Commission, and should not be used for any other purpose. TAIT, WELLER & BAKER PHILADELPHIA, PENNSYLVANIA FEBRUARY 18, 1999 EX-27 3 THE TIMOTHY PLAN
6 0000916490 The Timothy Plan 1 The Timothy Plan 1000 12-MOS DEC-31-1998 JAN-01-1998 DEC-31-1998 27,398 27,308 110 5 0 27,566 0 0 164 164 0 28,516 2,539 1,854 0 0 (1,024) 0 (90) 27,402 250 148 0 502 (104) (1,024) (1,805) (2,934) 0 0 187 0 1,050 381 17 4,805 0 187 0 0 215 0 626 25,312 12.25 0 (1.29) 0 0.07 0 10.89 1.60 0 0

EX-27 4 THE TIMOTHY PLAN VARIABLE SERIES
6 0000916490 The Timothy Plan 2 The Timothy Plan Variable Series 1000 12-MOS DEC-31-1998 JAN-01-1998 DEC-31-1998 286 295 20 0 0 315 13 0 1 14 0 292 29 0 2 0 (2) 0 9 301 0 3 0 1 2 (2) 9 9 0 0 0 0 34 5 0 301 0 0 0 0 1 0 3 144 10.00 0 0.30 0 0.00 0 10.38 1.20 0 0

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