International Association Of Torch Clubs Inc
- Assets
- $106.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 07/1963
- Data as of
- 06/2022
- EIN
- 16-0492655
Organization Overview
International Association Of Torch Clubs Inc is located in Columbus, OH. The organization was established in 1963. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is the central organization for a national or regional group of organizations. International Association Of Torch Clubs Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, International Association Of Torch Clubs Inc generated $103.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $85.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL AND ACADEMIC MEN AND WOMEN WHO MEET THROUGHOUT THE YEAR TO SHARE KNOWLEDGE AND EXPERIENCES AND TO SET POLICY FOR AND SUPPORT OF LOCAL CLUBS IN PROVIDING RELEVANT, INTERESTING AND TOPICAL PROGRAMS AT THE LOCAL CLUB LEVEL.
PROFESSIONAL AND ACADEMIC MEN AND WOMEN WHO MEET THROUGHOUT THE YEAR TO SHARE KNOWLEDGE AND EXPERIENCES AND TO SET POLICY FOR AND SUPPORT OF LOCAL CLUBS IN PROVIDING RELEVANT, INTERESTING AND TOPICAL PROGRAMS AT THE LOCAL CLUB LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Driskell Past Preside | 15 | $0 | |
Gerald Stulc Secretary | 15 | $0 | |
Jim Mcneely Officer | 15 | $0 | |
Richard Davis Treasurer | 15 | $0 | |
Susan Breen-Held President | 15 | $0 | |
Lynn Bernard Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,420 |
| Total Program Service Revenue | $0 |
| Membership dues | $90,559 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,373 |
| Total Revenue | $103,352 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $47,115 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $19,384 |
| Other expenses | $18,918 |
| Total expenses | $85,417 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,071 |
| Other assets | $0 |
| Total assets | $106,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,071 |
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