TORCHBEARERS MISSIONARY FELLOWSHIPClosed
Closed
Income Statement
Fiscal Year: 2023
Closed
This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2023
$17,444
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2023
$1,552,088
Other
>99%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2022
2023
Change
Contributions
$1,949,379
$17,444
-99%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,686
$0
-100%
Other
$24,515
$0
-100%
Total Revenues
$1,975,580
$17,444
-99%
Expenses
2022
2023
Change
Grants
$980,363
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$711,571
$0
-100%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$78,731
$9,184
-88%
Interest
$0
$0
-
Depreciation
$2,110
$0
-100%
Other
$189,791
$1,542,904
+713%
Total Expenses
$1,962,566
$1,552,088
-21%
Net income
2022
2023
Change
Net income
+$13,014
-$1,534,644
-11892%
Functional Expenses
Summary
2022
2023
Change
Program
$1,869,550
$1,552,088
-17%
Admin
$93,016
$0
-100%
Fundraising
$0
$0
-
Total Expenses
$1,962,566
$1,552,088
-21%
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