Torstrick Ministries Inc
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wallens Creek, KY
- Founding
- 10/2014
- Data as of
- 12/2018
- EIN
- 46-3283521
Organization Overview
Torstrick Ministries Inc is located in Wallens Creek, KY. The organization was established in 2014. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, 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. Torstrick Ministries 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 12/2018, Torstrick Ministries Inc generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $8.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 3 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
2018
Describe the Organization's Program Activity:
Part 3
THE CORPORATION IS A LOW POWER CHRISTIAN RADIO STATION. DURING THE RADIO BRODCAST NO EQUIPMENT HAS BEEN ACQUIRED. A BUILDING HAS BEEN RENTED FROM WHICH THE RADIO STATION BRODCAST THEIR PROGRAMS. THE STATION IS ON THE AIR AND BRODCASTING CHRISTIAN MUSIC AND CHRISTIAN PREACHING. REVENUE FOR THE CORPORATION IS A ATTAINED THROUGH CONTRIBUTIONS AND SPONSORSHIPS. NO ADVERTISING IS DONE ON AIR BY THE STATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rickard Torstrick President | 0 | $0 | |
Jamie Torstrick Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,700 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $6,009 |
| Printing, publications, postage, and shipping | $1,681 |
| Other expenses | $288 |
| Total expenses | $7,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,020 |
| Other assets | $0 |
| Total assets | $8,520 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,520 |