Pass The Torch Ministries
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 73-1340948
Organization Overview
Pass The Torch Ministries is located in Bismarck, ND. The organization was established in 1989. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Pass The Torch Ministries 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, Pass The Torch Ministries generated $135.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $128.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg S Runyon President | 50 | $25,650 | |
Lemor Keller Trustee | 3 | $0 | |
Tracey Runyon V-Pressectreasurer | 15 | $0 | |
Allen Knoll Trustee | 3 | $0 | |
Kevin Werre Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,272 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $399 |
| Total Revenue | $135,439 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,704 |
| Professional fees and other payments to independent contractors | $4,500 |
| Occupancy, rent, utilities, and maintenance | $49,841 |
| Printing, publications, postage, and shipping | $193 |
| Other expenses | $26,675 |
| Total expenses | $128,913 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,545 |
| Other assets | $0 |
| Total assets | $23,519 |
| Total liabilities | $6 |
| Net assets or fund balances | $23,513 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pass The Torch Ministries has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Immanuel Lutheran Corporation Of Kalispell Montana Kalispell, MT | $74,381,473 | $25,428,001 |
Association Of Hutterian Brethren Churches Inc Aberdeen, SD | $14,512,217 | $27,857,692 |
Training Leaders International Minneapolis, MN | $2,737,195 | $5,107,369 |
Thrivent Financial for Lutherans Foundation Minneapolis, MN | $0 | $8,333,726 |
Lutheran Brethren Woodland Lodge Inc Fergus Falls, MN | $3,043,872 | $1,494,856 |
Fellowship Missionary Baptist Church Inc Minneapolis, MN | $4,348,803 | $1,421,662 |
Youth For Christ Usa Inc Willmar, MN | $718,542 | $1,231,617 |
International Gospel Outreach Stillwater, MN | $404,671 | $1,032,820 |
Congregations Caring For Creation Minneapolis, MN | $507,396 | $903,320 |
Potters Field Ranch Inc Whitefish, MT | $1,025,013 | $903,929 |
Kingdom Capital Fund Sioux Falls, SD | $2,710,930 | $1,855,135 |
Overcomers International Fellowship St Cloud, MN | $425,795 | $522,804 |