Torch 180
- Assets
- $1.1m
- Revenue
- $289.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Fowlerville, MI
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-4230792
Organization Overview
Torch 180 is located in Fowlerville, MI. The organization was established in 2015. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Torch 180 employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torch 180 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 12/2021, Torch 180 generated $289.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $177.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRAIN PEOPLE WITH DISABILITIES FOR FOOD SERVICE EMPLOYMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIN PEOPLE WITH DISABILITIES FOR FOOD SERVICE EMPLOYMENT
TRAIN PEOPLE WITH DISABILITIES FOR FOOD SERVICE EMPLOYMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Callahan President | Officer | 50 | $54,846 |
Gewn Haggerty Beardon Secretary | OfficerTrustee | 1 | $0 |
Pam Olech Co-Chair Of | OfficerTrustee | 1 | $0 |
Mary Kushner Co-Chair Of | OfficerTrustee | 24 | $0 |
Molly Otto Treasurer | OfficerTrustee | 2 | $0 |
Kim Battjes Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $92,921 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,506 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,427 |
| Total Program Service Revenue | $51,523 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,054 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,246 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,440 |
| Fees for services: Accounting | $5,303 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,036 |
| Office expenses | $1,195 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,790 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,437 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,137 |
| Insurance | $4,937 |
| All other expenses | $895 |
| Total functional expenses | $177,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,815 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,028 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $816,056 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,127,899 |
| Accounts payable and accrued expenses | $713 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $459,199 |
| Total liabilities | $459,912 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $667,987 |
| Total liabilities and net assets/fund balances | $1,127,899 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Torch 180 has recieved totaling $11,723.
| Awarding Organization | Amount |
|---|---|
Dte Energy Foundation Detroit, MI PURPOSE: EDUCATION | $10,000 |
Positive Step Foundation Inc Howell, MI PURPOSE: PROVIDES FOOD-INDUSTRY TRAINING FOR ADULTS WITH DISABILTIES. | $1,000 |
Pappas Foundation Inc Farmington Hills, MI PURPOSE: CHARITABLE | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $223 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edison Welding Institute Inc Columbus, OH | $23,258,662 | $30,160,684 |
W E Upjohn Unemployment Trustee Corporation Kalamazoo, MI | $279,939,178 | $28,869,507 |
Pierce-Pepin Cooperative Services Ellsworth, WI | $45,602,496 | $18,833,383 |
Alternative Services Inc Livonia, MI | $7,366,865 | $19,260,282 |
Employ Milwaukee Inc Milwaukee, WI | $5,350,025 | $18,087,018 |
Berrien-Cass-Vanburen Workforce Development Board Inc Benton Harbor, MI | $2,581,468 | $13,721,312 |
Jobworks Inc Fort Wayne, IN | $2,850,480 | $13,765,612 |
Ohio Operating Engineers Apprenticeship Fund Columbus, OH | $28,221,332 | $11,797,420 |
Wisconsin Operating Engineers Skill Improvement And Apprenticeship Fun Pewaukee, WI | $22,671,605 | $11,410,505 |
United Labor Agency Inc Cleveland, OH | $1,262,964 | $7,870,324 |
Hobart Institute Of Welding Technology Troy, OH | $21,990,854 | $8,624,823 |
International Union Of Operating Engineers Local 324 Health & Welfa Troy, MI | $11,444,859 | $7,479,654 |