Nonprofit · EIN 20-4160878
TORCH BEARERS FOUNDATIONINCORPORATED
Tax-exempt · MAYWOOD, IL 60153
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $84,567 | $12,650 | $71,917 | $96,527 | $0 | $96,527 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $84,567
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $5,500
- Other expenses
- $7,150
- Program services (functional)
- $9,000
Balance sheet and other
- Total assets, start of year
- $24,610
- Total assets, end of year
- $96,527
- Total liabilities, end of year
- $0
- Net assets, end of year
- $96,527
- Gross receipts
- $84,567
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Archie Hubbard | President | 2 | $0 |
| James Pickett | Secretary | 1 | $0 |
| Maurice Carter | Vice President | 2 | $0 |
| Ryzell McKinney | Treasurer | 5 | $0 |
| Carl Puckett Sr | Director | 2 | $0 |
| Kelly Merrida | Director | 2 | $0 |
| Saint Anthony Lloyd | Director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 95, MAYWOOD, IL 60153-0095
- In care of
- % RYZELL MCKINNEY
- Mailing address (990-N for 2023)
- PO Box 95, Maywood IL 60153
- Principal officer (990-N for 2023)
- Ryzell McKinney, PO Box 95, Maywood IL 60153
- Signed the 990-EZ
- Ryzell McKinney, Treasurer
- Phone
- (708) 369-2439
- Website
- torchbearersfoundation.org
Mission
Since its inception in 2006, the Torchbearers Foundation has been committed to nurturing the potential of young leaders. Our mission is to empower youth through mentorship, education, and community engagement, ensuring they are equipped to excel in their academic and professional endeavors. By collaborating with esteemed partners, we provide transformative opportunities that inspire confidence and foster a lifelong dedication to service.
Program accomplishments
- Awarded Scholarships and Conducted the Alpha Quest Mentoring ProgramExpenses $9,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 20-4160878
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S80)
- Assets (IRS master file)
- $96,527
- Income (IRS master file)
- $84,567
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $84,567 | $12,650 | $96,527 | XML |
| 990-N for 2023 Officer: Ryzell McKinney | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Ryzell McKinney | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Roy A Jones Jr | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Ryzell McKinney | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4160878).
Questions about TORCH BEARERS FOUNDATIONINCORPORATED
- What is the EIN of TORCH BEARERS FOUNDATIONINCORPORATED?
- The employer identification number (EIN) of TORCH BEARERS FOUNDATIONINCORPORATED is 20-4160878.
- Is TORCH BEARERS FOUNDATIONINCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to TORCH BEARERS FOUNDATIONINCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TORCH BEARERS FOUNDATIONINCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TORCH BEARERS FOUNDATIONINCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TORCH BEARERS FOUNDATIONINCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of TORCH BEARERS FOUNDATIONINCORPORATED?
- The 990-N for 2023 names Ryzell McKinney.
- Who are the officers and directors of TORCH BEARERS FOUNDATIONINCORPORATED?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does TORCH BEARERS FOUNDATIONINCORPORATED have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $84,567, expenses of $12,650 and total assets of $96,527 at year end.
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