International Association Of Torch Clubs Inc is located in Columbus, OH. The organization was established in 1963. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is the central organization for a national or regional group of organizations. International Association Of Torch Clubs Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2024, International Association Of Torch Clubs Inc generated $119.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $112.5k during the year ending 06/2024. While expenses have increased by 1.2% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL AND ACADEMIC MEN AND WOMEN WHO MEET THROUGHOUT THE YEAR TO SHARE KNOWLEDGE AND EXPERIENCES AND TO SET POLICY FOR AND SUPPORT OF LOCAL CLUBS IN PROVIDING RELEVANT, INTERESTING AND TOPICAL PROGRAMS AT THE LOCAL CLUB LEVEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Breen Held Past Preside | 10 | $0 | |
Gerald Stulc Director | 10 | $0 | |
Tim Spaeder Director | 10 | $0 | |
Anne Sterling Director | 10 | $0 | |
Arthur Bloom President | 10 | $0 | |
Rod Gerwe Director | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,531 |
Total Program Service Revenue | $0 |
Membership dues | $88,633 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,671 |
Total Revenue | $119,835 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $8,400 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $64,877 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $17,310 |
Other expenses | $21,597 |
Total expenses | $112,471 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $109,456 |
Other assets | $0 |
Total assets | $109,456 |
Total liabilities | $0 |
Net assets or fund balances | $109,456 |