Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
The Torch Ministries Inc
EIN 20-5183972 • 501(c)3
Profile
To preach the gospel of jesus christ in a relevant and compassionate way while teaching and developing community leaders within socially oppressed urban areas of america
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 14.7% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$44,162
Down $2,107 (-4.6%) from 2012
Liabilities
Up$615
Up $57 (+10%) from 2012
Net Assets
Down$43,547
Down $2,164 (-4.7%) from 2012
Revenue
Down$20,345
Down $29,374 (-59%) from 2012
Expenses
Down$22,509
Down $1,136 (-4.8%) from 2012
Net Income
Down-$2,164
Down $28,238 (-108%) from 2012
Trend Graphs
Filings
Most recent year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $44,162
- Liabilities
- $615
- Net assets
- $43,547
- Revenue
- $20,345
- Expenses
- $22,509
- Net income
- -$2,164
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Jun 12, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $20,345
Mission and Program Overview
Mission
To preach the gospel of jesus christ in a relevant and compassionate way while teaching and developing community leaders within socially oppressed urban areas of america
Program Services
| Description | Grants | Expenses |
|---|---|---|
| CONTINUING YOUTH OUTREACH PROGRAMS TO ENGAGE URBAN YOUTH LEARNING ABOUT AND LIVING THE TEACHINGS OF JESUS CHRIST | - | $14,309 |
| TO PROVIDE FOR THE NEEDS OF URBAN YOUTH BEING MINISTERED TO THROUGH YOUTH OUTREACH PROGRAMS | - | $1,289 |
| ENGAGE URBAN YOUTH LEARNING ABOUT AND LIVING THE TEACHINGS OF JESUS CHRIST VIA MUSIC MINISTRY | - | $780 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANGELO VELIS | CEO | FT | $3,000 | - | $3,000 |
| JONATHAN ROSARIO | Secretary | PT | $2,972 | - | $2,972 |
| MARION VELIS | CFO | FT | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 20-5183972
Signing Officer
- Name
- Angelo Velis
- Title
- President
- Signed
- 2014-06-12
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Franklin Eaton CPA
- Phone
- 7705326333
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“242 TOTAL 242”
Form 990-ez, Part I, Line 16
“Expenses bank service charges 164 utilities 186 automobile expenses 2,378 supplies 2,145 telephone 2,468 annual registration 30 100 250 interest 131 other expenses 143 non-investment depreciation 769 total 8,764”
Form 990-ez, Part II, Line 24
“Computer 1,195 1,195 less accumulated depreciation 851 2,212 sound system 1,211 1,211 less accumulated depreciation 470 0 grill 855 855 less accumulated depreciation 122 0 apple computer 0 2,468 grill - mission house 0 513 total 1,818 4,030”
Form 990-ez, Part II, Line 26
“American express 558 421 citibusiness 0 194”
Form 990-ez, Part III
“To preach the gospel of jesus christ in a relevant and compassionate way while teaching and developing community leaders within socially oppressed urban areas of america”
Raw XML Appendix129 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | ANGELO VELIS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | MARION VELIS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | JONATHAN ROSARIO |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 5091 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ANGELO VELIS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7704036260 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 6828 OLD WHELCHEL ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | DAHLONEGA |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 30533 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 44451 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 31459 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 20103 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2164 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6622 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 46269 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 44162 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20345 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 8673 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 45711 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 43547 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 45711 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 43547 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1818 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 3000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 2972 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ANGELO VELIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARION VELIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JONATHAN ROSARIO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1818 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4030 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8764 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 242 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PREACH THE GOSPEL OF JESUS CHRIST IN A RELEVANT AND COMPASSIONATE WAY WHILE TEACHING AND DEVELOPING COMMUNITY LEADERS WITHIN SOCIALLY OPPRESSED URBAN AREAS OF AMERICA |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 214 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CONTINUING YOUTH OUTREACH PROGRAMS TO ENGAGE URBAN YOUTH LEARNING ABOUT AND LIVING THE TEACHINGS OF JESUS CHRIST |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ENGAGE URBAN YOUTH LEARNING ABOUT AND LIVING THE TEACHINGS OF JESUS CHRIST VIA MUSIC MINISTRY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | TO PROVIDE FOR THE NEEDS OF URBAN YOUTH BEING MINISTERED TO THROUGH YOUTH OUTREACH PROGRAMS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14309 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 780 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 1289 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 558 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 615 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 22509 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 16378 |
| IRS990EZ/TotalRevenueAmt | 0 | 20345 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THETORCH-URBANMINISTRIES.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 20103 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 20103 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 242 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 20103 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 20103 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 20103 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 20103 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 242 TOTAL 242 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES BANK SERVICE CHARGES 164 UTILITIES 186 AUTOMOBILE EXPENSES 2,378 SUPPLIES 2,145 TELEPHONE 2,468 ANNUAL REGISTRATION 30 100 250 INTEREST 131 OTHER EXPENSES 143 NON-INVESTMENT DEPRECIATION 769 TOTAL 8,764 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPUTER 1,195 1,195 LESS ACCUMULATED DEPRECIATION 851 2,212 SOUND SYSTEM 1,211 1,211 LESS ACCUMULATED DEPRECIATION 470 0 GRILL 855 855 LESS ACCUMULATED DEPRECIATION 122 0 APPLE COMPUTER 0 2,468 GRILL - MISSION HOUSE 0 513 TOTAL 1,818 4,030 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AMERICAN EXPRESS 558 421 CITIBUSINESS 0 194 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO PREACH THE GOSPEL OF JESUS CHRIST IN A RELEVANT AND COMPASSIONATE WAY WHILE TEACHING AND DEVELOPING COMMUNITY LEADERS WITHIN SOCIALLY OPPRESSED URBAN AREAS OF AMERICA |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANGELO VELIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-06-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | THE TORCH MINISTRIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TORC |
| ReturnHeader/Filer/EIN | 0 | 205183972 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 6828 OLD WHELCHEL ROAD |
| ReturnHeader/Filer/USAddress/City | 0 | DAHLONEGA |
| ReturnHeader/Filer/USAddress/State | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 30533 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | FRANKLIN EATON CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 631 SPRING ST SE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | GAINESVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 305013741 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7705326333 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-06-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | FRANKLIN EATON CPA |
| ReturnHeader/ReturnTs | 0 | 2014-06-12T11:26:47-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
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