Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
TORCH FOUNDATION
CharityAI™ Score
Not yet evaluated
Mission Statement
The Torch Foundation Mission is to provide transformational workshops for teens ages 13 -17 to be responsible, authentic, empowered and confident leaders who create extraordinary results for themselves, families, friends, community and the world.
Financial Overview — FY 2023
$162K
Total Revenue
$486K
Total Expenses
$4.9M
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
46.4%
Fundraising Efficiency
0.0%
Operating Reserve
121.16x
Liability-to-Asset
0.3%
Revenue Diversification
71.6%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $162K | $486K | $4.9M | 46.4% | 4 |
| 2022 | $257K | $508K | N/A | — | 4 |
| 2021 | $5.9M | $387K | N/A | — | 3 |
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