Pass The Torch Ministries
- Assets
- $79.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bismarck, ND
- Founding
- 06/1989
- Data as of
- 12/2023
- 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 12/2023, Pass The Torch Ministries generated $182.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $165.7k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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 | $29,500 | |
Tracey Runyon V-Pressectreasurer | 20 | $10,350 | |
Lemor Keller Trustee | 3 | $0 | |
Kevin Werre Trustee | 3 | $0 | |
Allen Knoll Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,111 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,018 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,850 |
| Professional fees and other payments to independent contractors | $4,500 |
| Occupancy, rent, utilities, and maintenance | $60,031 |
| Printing, publications, postage, and shipping | $500 |
| Other expenses | $42,835 |
| Total expenses | $165,716 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,246 |
| Other assets | $0 |
| Total assets | $79,803 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,803 |