Civic Intelligence

Torch Foundation

990 • Fiscal year 2020 • EIN 20-8911377

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 24, 2021

Organization ProfileFOUNDATION.TORCHNET.ORG
3309 Forest Creek DriveRound Rock, TX 78664

(512) 873-0045

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.15x

Higher debt load relative to revenue than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

56th percentile

8.5%

Faster asset growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-53%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$1,667,260

Up $130,203 (+8.5%) from 2019

Net Assets

Up

$1,642,337

Up $105,318 (+6.9%) from 2019

Liabilities

Up

$24,923

Up $24,885 (+65487%) from 2019

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin91st percentile

Revenue

Down

$169,886

Down $194,470 (-53%) from 2019

Expenses

Down

$79,430

Down $52,925 (-40%) from 2019

Net Income

Down

$90,456

Down $141,545 (-61%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $781,648Liabilities 2011: $358Net Assets 2011: $781,2902011Assets 2012: $828,748Liabilities 2012: $1,770Net Assets 2012: $826,9782012Assets 2013: $1,011,305Liabilities 2013: $47,887Net Assets 2013: $963,4182013Assets 2014: $1,054,292Liabilities 2014: $7,923Net Assets 2014: $1,046,3692014Assets 2015: $1,167,497Liabilities 2015: $45,188Net Assets 2015: $1,122,3092015Assets 2016: $1,133,267Liabilities 2016: $2,364Net Assets 2016: $1,130,9032016Assets 2017: $1,369,496Liabilities 2017: $11,957Net Assets 2017: $1,357,5392017Assets 2018: $1,496,724Liabilities 2018: $241,096Net Assets 2018: $1,255,6282018Assets 2019: $1,537,057Liabilities 2019: $38Net Assets 2019: $1,537,0192019Assets 2020: $1,667,260Liabilities 2020: $24,923Net Assets 2020: $1,642,3372020Assets 2021: $1,195,467Liabilities 2021: $0Net Assets 2021: $1,195,4672021Assets 2022: $1,488,186Liabilities 2022: $0Net Assets 2022: $1,488,1862022Assets 2023: $4,741,994Liabilities 2023: $2,590,613Net Assets 2023: $2,151,3812023Assets 2024: $3,981,233Liabilities 2024: $0Net Assets 2024: $3,981,2332024

Highlighted filing

2020

Assets$1,667,260
Liabilities$24,923
Net Assets$1,642,337
Open 2020 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $668,311Expenses 2011: $391,958Net Income 2011: $276,3532011Revenue 2012: $469,716Expenses 2012: $424,028Net Income 2012: $45,6882012Revenue 2013: $323,890Expenses 2013: $187,450Net Income 2013: $136,4402013Revenue 2014: $406,305Expenses 2014: $323,354Net Income 2014: $82,9512014Revenue 2015: $345,986Expenses 2015: $270,046Net Income 2015: $75,9402015Revenue 2016: $265,456Expenses 2016: $256,862Net Income 2016: $8,5942016Revenue 2017: $549,125Expenses 2017: $322,489Net Income 2017: $226,6362017Revenue 2018: $375,900Expenses 2018: $427,770Net Income 2018: -$51,8702018Revenue 2019: $364,356Expenses 2019: $132,355Net Income 2019: $232,0012019Revenue 2020: $169,886Expenses 2020: $79,430Net Income 2020: $90,4562020Revenue 2021: $13,115Expenses 2021: $440,564Net Income 2021: -$427,4492021Revenue 2022: $1,022,293Expenses 2022: $587,039Net Income 2022: $435,2542022Revenue 2023: $5,154,691Expenses 2023: $4,553,595Net Income 2023: $601,0962023Revenue 2024: $15,311,563Expenses 2024: $13,496,776Net Income 2024: $1,814,7872024

Highlighted filing

2020

Revenue$169,886
Expenses$79,430
Net Income$90,456
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 24, 2021
Return Version
2020v4.1
Gross Receipts
$1,181,739
Mission and Program Overview

Mission

To provide secured telecommunications

To provide secured telecommunications services to the state's rural and community hospitals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,179,236$1,212,329▲ $33,093
Inventories for Sale or Use-$278,330-
Accounts Receivable-$159,588-
Prepaid Expenses and Deferred Charges$147$15,130▲ $14,983
Cash and Non-Interest-Bearing Accounts$357,674$1,883▼ $355,791
Land, Buildings, and Equipment, Net$0--
Total Assets$1,537,057$1,667,260▲ $130,203
Liabilities
Accounts Payable and Accrued Expenses$38$24,923▲ $24,885
Total Liabilities$38$24,923▲ $24,885
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,237,019$1,182,337▼ $54,682
Net Assets With Donor Restrictions$300,000$460,000▲ $160,000
Total Net Assets Fund Balance$1,537,019$1,642,337▲ $105,318
Total Liabilities and Net Assets / Fund Balance$1,537,057$1,667,260▲ $130,203
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
John HendersonDirector$302,859$302,859
Quang NgoPresident/CEO$199,435$199,435

Board Members and Trustees

NameTitle
Ted MatthewsChair
Jeff TurnerTorch Chair
Brian RolandVice Chair
Christy FrancisDirector
Jeff LyleDirector
John Henderson-
Quang Ngo-
Jeff BarnhardtSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$389,163
Program Service Revenue
$0
Investment Income
$28,147
Other Revenue
$-247,424
All Other Contributions
$389,163
Change in Net Assets
$90,456

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$181,002Fair Market Value (FMV)
Total Noncash Contributions1$181,002-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,783
Grants and Similar Amounts Paid$13,647
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$40,250$10,062$0$50,312
Grants to Domestic Individuals$13,647--$13,647
Fees for Service Investment Mgmnt Fees$0$9,666$0$9,666
Office Expenses$2,146$537$0$2,683
Insurance$1,336$236$0$1,572
Fees for Services Accounting$1,240$310$0$1,550
Total Functional Expenses$58,619$20,811$0$79,430
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Torch Foundation
EIN
20-8911377
Phone
5128730045
Address
3309 FOREST CREEK DRIVE, ROUND ROCK, TX 78664

Signing Officer

Name
Quang Ngo
Title
President/CEO
Phone
5128730045
Signed
2021-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Quang Ngo
Formed
1999
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
25

Preparer

Firm
Allman & Associates Inc
Address
9600 Great Hills Trail Suite 150W, Austin, TX 78759
Preparer
Peter L Allman CPA
Phone
5125023077
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

“The foundation has no employees and is managed by the texas organization of community and rural hospitals.”

Pt VI, Line 11B

“The board of directors is provided a copy of the form 990 prior to its filing.”

Pt VI, Line 12C

“The board members are required to disclose any potential conflicts of interest as they arise.”

Pt VI, Line 15A

“The board of directors serve as the compensation committee and sets the president/ceo's compensation annually during the budget process.”

Pt VI, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available upon request.”

Raw XML AppendixShowing 400 of 482 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024923
IRS990/AccountsReceivableGrp/EOYAmt0159588
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE SECURED TELECOMMUNICATIONS SERVICES TO THE STATE'S RURAL AND COMMUNITY HOSPITALS.
IRS990/AllOtherContributionsAmt0389163
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JOHN HENDERSON
IRS990/BooksInCareOfDetail/PhoneNum05128730045
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03309 FOREST CREEK DRIVE 305
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROUND ROCK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078664
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0357674
IRS990/CashNonInterestBearingGrp/EOYAmt01883
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CostOfGoodsSoldAmt01011853
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0389163
IRS990/CYGrantsAndSimilarPaidAmt013647
IRS990/CYInvestmentIncomeAmt028147
IRS990/CYOtherExpensesAmt065783
IRS990/CYOtherRevenueAmt0-247424
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt090456
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt079430
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0169886
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0PROVIDING RURAL HEALTHCARE FACILITIES WITH THE TELECOMMUNICATIONS EQUIPMENT AND SERVICES NEEDED TO ADVANCE IN HEALTHCARE WITH TELEMEDICINE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0300000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0460000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt058619
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0310
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01240
IRS990/FeesForServicesAccountingGrp/TotalAmt01550
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010062
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt040250
IRS990/FeesForServicesOtherGrp/TotalAmt050312
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt09666
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt09666
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt610427
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt713824
IRS990/Form990PartVIISectionAGrp/PersonNm0TED MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF BARNHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN ROLAND
IRS990/Form990PartVIISectionAGrp/PersonNm3JEFF TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF LYLE
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTY FRANCIS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7QUANG NGO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6292432
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7185611
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TORCH CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt013647
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt013647
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt013647
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01181739
IRS990/GrossSalesOfInventoryAmt0764429
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0236
IRS990/InsuranceGrp/ProgramServicesAmt01336
IRS990/InsuranceGrp/TotalAmt01572
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0278330
IRS990/InvestmentIncomeGrp/ExclusionAmt028147
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028147
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE SECURED TELECOMMUNICATIONS SERVICES TO THE STATE'S RURAL AND COMMUNITY HOSPITALS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01537019
IRS990/NetAssetsOrFundBalancesEOYAmt01642337
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-247424
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-247424
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt014862
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01237019
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01182337
IRS990/NoncashContributionsAmt0181002
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0537
IRS990/OfficeExpensesGrp/ProgramServicesAmt02146
IRS990/OfficeExpensesGrp/TotalAmt02683
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0147
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015130
IRS990/PrincipalOfficerNm0QUANG NGO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0316552
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt070836
IRS990/PYInvestmentIncomeAmt046604
IRS990/PYOtherExpensesAmt061519
IRS990/PYProgramServiceRevenueAmt01200
IRS990/PYRevenuesLessExpensesAmt0232001
IRS990/PYTotalExpensesAmt0132355
IRS990/PYTotalRevenueAmt0364356
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt090456
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01179236
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01212329
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0389163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0316552
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0172777
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0414258
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0163683
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01456433
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt028147
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046604
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046606
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt042329
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01267
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0164953
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0156517
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt092538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0100506
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0350761
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt028147
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046604
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046606
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt042329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0164953
IRS990ScheduleA/InvestmentIncomeCYPct00.08360
IRS990ScheduleA/InvestmentIncomePYPct00.08950
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.91640
IRS990ScheduleA/PublicSupportPY509Pct00.91050
IRS990ScheduleA/PublicSupportTotal509Amt01807194
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0389163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0317752
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0329294
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0506796
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0264189
IRS990ScheduleA/Total509Grp/TotalAmt01807194
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01972147
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt013647
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION REQUIRES REPORTING FROM SCHOLARSHIP WINNERS REGARDING THE USE OF FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0292432
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1185611
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010235
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt16496
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0191
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt17327
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN HENDERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1QUANG NGO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0302858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1199434
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0PPE EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0181002
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS NO EMPLOYEES AND IS MANAGED BY THE TEXAS ORGANIZATION OF COMMUNITY AND RURAL HOSPITALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS SERVE AS THE COMPENSATION COMMITTEE AND SETS THE PRESIDENT/CEO'S COMPENSATION ANNUALLY DURING THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0TORCH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0742754016
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0FOR-PROFIT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0TORCH MANAGEMENT SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03309 FOREST CREEK DR 305
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0ROUND ROCK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd078664
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TEXAS ORG OF RURAL & COMM HOSPITALS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0742567495
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03309 FOREST CREEK DR 305
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROUND ROCK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078664
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,667,260
Liabilities
$24,923
Net assets
$1,642,337
Revenue
$169,886
Expenses
$79,430
Net income
$90,456
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$0.00$3.98$15.3$13.5$1.81
2023Detailed filing. Detailed filing data is available for this year.$4.74$2.59$2.15$5.15$4.55$0.60
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$1.02$0.59$0.44
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.01$0.44$0.43
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.02$1.64$0.17$0.08$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.36$0.13$0.23
2018Summary only. Only limited summary data is available for this year.$1.50$0.24$1.26$0.38$0.43$0.05
2017Summary only. Only limited summary data is available for this year.$1.37$0.01$1.36$0.55$0.32$0.23
2016Summary only. Only limited summary data is available for this year.$1.13$0.00$1.13$0.27$0.26$0.01
2015Summary only. Only limited summary data is available for this year.$1.17$0.05$1.12$0.35$0.27$0.08
2014Summary only. Only limited summary data is available for this year.$1.05$0.01$1.05$0.41$0.32$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.01$0.05$0.96$0.32$0.19$0.14
2012Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$0.47$0.42$0.05
2011Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$0.67$0.39$0.28