Torchbearers

Organization Overview

Torchbearers is located in Akron, OH. The organization was established in 2005. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torchbearers 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 12/2022, Torchbearers generated $63.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $72.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

TORCHBEARERS SEEKS TO SERVE OUR MEMBERS AND THE AKRON COMMUNITY IN MANY WAYS. SPECIFICALLY, TORCHBEARERS PROVIDES LEADERSHIP DEVELOPMENT OPPORTUNITIES TO OUR MEMBERS, INCLUDING A LEADERSHIP DEVELOPMENT CURRICULLUM DESIGNED SPECIFICALLY FOR OUR FIRST YEAR MEMBERS, OPPORTUNITIES TO CONNECT WITH THE AKRON COMMUNITY VIA SPONSORED COMMUNITY SERVICE PROJECTS, A BOARD SHADOWING PROGRAM AND OTHER EVENTS DESIGNED TO GET OUR MEMBERS IN FRONT OF OTHER COMMUNITY LEADERS.


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Board, Officers & Key Employees

Name (title)Compensation
Meghan Meeker
President
$0
Thomas Dolezal
Treasurer
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$63,718
Total Program Service Revenue$0
Membership dues$0
Investment income $56
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$63,774

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Torchbearers has recieved totaling $6,000.

Awarding OrganizationAmount
Akron Community Foundation

Akron, OH

PURPOSE: FOR SPONSORSHIP OF THE 2022 ANNUAL ANNIVERSARY CELEBRATION AT THE TIER 4 "PARTNERS OF TORCHBEARERS" LEVEL WITHOUT BENEFIT

$6,000
View Grant Recipient Profile

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