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Torch Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$5.15M (2023)

Expenses
$4.55M (2023)

Total Assets
$4.74M (2023)

Total Liabilities
$2.59M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,154,691
Expenses
$4,553,595
Net Income
$601,096
Net Assets
$2,151,381
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,116,911
99.3%
Program Services $0
Investment Income $37,780
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,741,994
Total Liabilities $2,590,613
Net Assets $2,151,381
Compensation
Key Employees and Officers Compensation Related Other
Ted Matthews (Chairman) $0 $0 $0
Jeff Barnhardt (Secretary) $0 $0 $0
Brian Rolland (Vice Chair) $0 $0 $0
Jeff Turner (Torch Chair) $0 $0 $0
Jeff Lyle (Director) $0 $0 $0
Christy Francis (Director) $0 $0 $0
John Henderson (Director) $0 $0 $0
Quang Ngo (President & Ceo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,022,293
Expenses
$587,039
Net Income
$435,254
Net Assets
$1,488,186
Notable Sources of Revenue Percent of Total Revenue
Contributions $979,401
95.8%
Program Services $0
Investment Income $42,892
4.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,488,186
Total Liabilities $0
Net Assets $1,488,186
Compensation
Key Employees and Officers Compensation Related Other
Ted Matthews (Chairman) $0 $0 $0
Jeff Barnhardt (Secretary) $0 $0 $0
Brian Rolland (Vice Chair) $0 $0 $0
Jeff Turner (Torch Chair) $0 $0 $0
Jeff Lyle (Director) $0 $0 $0
Christy Francis (Director) $0 $0 $0
John Henderson (Director) $0 $0 $0
Quang Ngo (President & Ceo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,115
Expenses
$440,564
Net Income
-$427,449
Net Assets
$1,195,467
Notable Sources of Revenue Percent of Total Revenue
Contributions $206,722
> 100%
Program Services $0
Investment Income $42,804
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$236,411
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,195,467
Total Liabilities $0
Net Assets $1,195,467
Compensation
Key Employees and Officers Compensation Related Other
John Henderson (Director) $0 $303,729 $0
Quang Ngo (President & Ceo) $0 $196,267 $0
Ted Matthews (Chairman) $0 $0 $0
Jeff Barnhardt (Secretary) $0 $0 $0
Brian Rolland (Vice Chair) $0 $0 $0
Jeff Turner (Torch Chair) $0 $0 $0
Jeff Lyle (Director) $0 $0 $0
Christy Francis (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$169,886
Expenses
$79,430
Net Income
$90,456
Net Assets
$1,642,337
Notable Sources of Revenue Percent of Total Revenue
Contributions $389,163
> 100%
Program Services $0
Investment Income $28,147
16.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$247,424
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,667,260
Total Liabilities $24,923
Net Assets $1,642,337
Compensation
Key Employees and Officers Compensation Related Other
Ted Matthews (Chair) $0 $0 $0
Jeff Barnhardt (Secretary) $0 $0 $0
Brian Roland (Vice Chair) $0 $0 $0
Jeff Turner (Torch Chair) $0 $0 $0
Jeff Lyle (Director) $0 $0 $0
Christy Francis (Director) $0 $0 $0
John Henderson (Director) $0 $292,432 $10,427
Quang Ngo (President/Ceo) $0 $185,611 $13,824

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$364,356
Expenses
$132,355
Net Income
$232,001
Net Assets
$1,537,019
Notable Sources of Revenue Percent of Total Revenue
Contributions $316,552
86.9%
Program Services $1,200
0.3%
Investment Income $46,604
12.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,537,057
Total Liabilities $38
Net Assets $1,537,019
Compensation
Key Employees and Officers Compensation Related Other
Ted Matthews (Chair) $0 $0 $0
Brian Roland (Secretary/Treasurer) $0 $0 $0
Donna Boatright (Vice Chair) $0 $0 $0
Jeff Barnhardt (Director) $0 $0 $0
Jeff Turner (Torch Chair) $0 $0 $0
Jeff Lyle (Director) $0 $0 $0
Quang Ngo (President/Ceo) $0 $179,914 $14,524

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$375,900
Expenses
$427,770
Net Income
-$51,870
Net Assets
$1,255,628
Notable Sources of Revenue Percent of Total Revenue
Contributions $172,777
46.0%
Program Services $156,517
41.6%
Investment Income $46,606
12.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,496,724
Total Liabilities $241,096
Net Assets $1,255,628

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$549,125
Expenses
$322,489
Net Income
$226,636
Net Assets
$1,357,539
Notable Sources of Revenue Percent of Total Revenue
Contributions $414,258
75.4%
Program Services $92,538
16.9%
Investment Income $42,329
7.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,369,496
Total Liabilities $11,957
Net Assets $1,357,539

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$265,456
Expenses
$256,862
Net Income
$8,594
Net Assets
$1,130,903
Notable Sources of Revenue Percent of Total Revenue
Contributions $163,683
61.7%
Program Services $100,506
37.9%
Investment Income $1,267
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,133,267
Total Liabilities $2,364
Net Assets $1,130,903

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$345,986
Expenses
$270,046
Net Income
$75,940
Net Assets
$1,122,309
Notable Sources of Revenue Percent of Total Revenue
Contributions $146,599
42.4%
Program Services $166,000
48.0%
Investment Income $33,387
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,167,497
Total Liabilities $45,188
Net Assets $1,122,309

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$406,305
Expenses
$323,354
Net Income
$82,951
Net Assets
$1,046,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $150,544
37.1%
Program Services $188,264
46.3%
Investment Income $67,497
16.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,054,292
Total Liabilities $7,923
Net Assets $1,046,369

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$323,890
Expenses
$187,450
Net Income
$136,440
Net Assets
$963,418
Notable Sources of Revenue Percent of Total Revenue
Contributions $139,587
43.1%
Program Services $197,387
60.9%
Investment Income -$13,084
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,011,305
Total Liabilities $47,887
Net Assets $963,418
Compensation
Key Employees and Officers Compensation Related Other
James Vanek (Chair) $0 $0 $0
Rob Thomas (Vice Chair) $0 $0 $0
Michael Kent (Secretary/Treasurer) $0 $0 $0
Mike Click (Director) $0 $0 $0
David Conejo (Director) $0 $0 $0
Quang Ngo (President/Ceo) $0 $145,386 $9,359

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$469,716
Expenses
$424,028
Net Income
$45,688
Net Assets
$826,978
Notable Sources of Revenue Percent of Total Revenue
Contributions $133,141
28.3%
Program Services $308,961
65.8%
Investment Income $27,614
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $828,748
Total Liabilities $1,770
Net Assets $826,978

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$668,311
Expenses
$391,958
Net Income
$276,353
Net Assets
$781,290
Notable Sources of Revenue Percent of Total Revenue
Contributions $451,681
67.6%
Program Services $172,688
25.8%
Investment Income $43,942
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $781,648
Total Liabilities $358
Net Assets $781,290

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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