Torch Sports Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 339,715 | 209,689 | 130,026 | 7.4 | 36% |
| 2020 | 145,078 | 200,855 | −55,777 | 11.4 | 22% |
| 2021 | 241,840 | 265,384 | −23,544 | 7.6 | 62% |
| 2022 | 306,454 | 272,835 | 33,619 | 8.9 | 61% |
| 2023 | 328,391 | 333,817 | −5,426 | 7.0 | 50% |
In its most recent public year (2023), this organization spent $5,426 more than it brought in. Its reserves stood at about 7 months of spending. Staff pay was 50% of spending.
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
Torch Sports Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works