Torchhouse-Igniting Citywide Prayer Inc
- Assets
- $45.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Terre Haute, IN
- Founding
- 06/2009
- Data as of
- 05/2021
- EIN
- 26-3424896
Organization Overview
Torchhouse-Igniting Citywide Prayer Inc is located in Terre Haute, IN. The organization was established in 2009. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torchhouse-Igniting Citywide Prayer Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2021, Torchhouse-Igniting Citywide Prayer Inc generated $94.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $100.4k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
MAINTAINING A FACILITY TO GATHER THOSE WHO SEEK TO WORSHIP GOD AND PRAY FOR THE COMMUNITY TOGETHER. TO SPREAD THE WORD OF GOD TO THOSE WHO SEEK IT AND TO FURTHER EDUCATE THOSE GATHERED ON BIBLICAL TEACHINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Urlick President | 40 | $59,250 | |
Timothy Minks Director | 2 | $0 | |
Timothy Vanwinkle Director | 2 | $0 | |
Jerome Case Treasurer | 5 | $0 | |
Bob Rost Director | 2 | $0 | |
Bob English Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,730 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $207 |
| Total Revenue | $94,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,800 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $22,830 |
| Printing, publications, postage, and shipping | $191 |
| Other expenses | $15,603 |
| Total expenses | $100,424 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,673 |
| Other assets | $0 |
| Total assets | $45,346 |
| Total liabilities | $960 |
| Net assets or fund balances | $44,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Torchhouse-Igniting Citywide Prayer Inc has recieved totaling $5,250.
| Awarding Organization | Amount |
|---|---|
Awakening Youth Inc Dayton, IN PURPOSE: MINISTRY SUPPORT | $5,250 |
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