Pass The Torch Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,632 | 133,588 | −24,956 | 1.5 | — |
| 2012 | 136,872 | 120,204 | 16,668 | 3.3 | — |
| 2013 | 131,023 | 133,475 | −2,452 | 2.8 | — |
| 2014 | 191,393 | 153,336 | 38,057 | 5.4 | — |
| 2015 | 135,804 | 162,753 | −26,949 | 3.1 | — |
| 2016 | 127,937 | 148,260 | −20,323 | 1.9 | — |
| 2017 | 141,213 | 145,784 | −4,571 | 1.5 | — |
| 2018 | 143,611 | 140,558 | 3,053 | 1.9 | — |
| 2019 | 138,210 | 143,660 | −5,450 | 1.5 | — |
| 2020 | 130,462 | 130,154 | 308 | 1.6 | — |
| 2021 | 135,439 | 128,913 | 6,526 | 2.2 | — |
| 2022 | 192,631 | 152,642 | 39,989 | 5.0 | — |
| 2023 | 182,018 | 165,716 | 16,302 | 5.8 | — |
In its most recent public year (2023), this organization brought in $16,302 more than it spent. Its reserves stood at about 5.8 months of spending, up from 1.5 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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