Nonprofit · EIN 74-2967066
TORCH OF FREEDOM FOUNDATION
Tax-exempt · DRIPPING SPGS, TX 78620
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,242,460 | $5,311,285 | $931,175 | $8,144,126 | $4,933,410 | $3,210,716 |
| December 31, 2023 | 990 | $4,669,638 | $4,056,014 | $613,624 | $5,935,931 | $3,816,390 | $2,119,541 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,162,484
- Program service revenue
- $811,386
- Investment income
- -$9,884
- Net gain from sales of assets
- -$14,570
- Net income from sales of inventory
- $1,059,688
- Other revenue
- $1,278,474
Expenses
- Grants and similar amounts paid
- $5,005
- Compensation of officers, directors and key employees
- $404,834
- Other salaries and wages
- $652,888
- Salaries, compensation and benefits (total)
- $1,144,876
- Professional fundraising fees
- $0
- Legal fees
- $128,479
- Accounting fees
- $27,900
- Occupancy
- $350,519
- Travel
- $146,515
- Depreciation
- $166,976
- Program services (functional)
- $4,002,045
- Management and general (functional)
- $1,137,509
- Fundraising (functional)
- $171,731
Balance sheet and other
- Total assets, start of year
- $5,935,931
- Total assets, end of year
- $8,144,126
- Total liabilities, end of year
- $4,933,410
- Net assets, end of year
- $3,210,716
- Land, buildings and equipment
- $7,293,809
- Gross receipts
- $6,552,484
- Employees
- 24
- Volunteers
- 375
- Year formed
- 2000
- State of legal domicile
- TX
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK GREEN | President Trustee or director, Officer | 40 | $156,292 |
| KARA GREEN | Vice President Trustee or director, Officer | 40 | $126,104 |
| ASHLEY ALEXANDER | DIR. OF DEVELOPMEN | 40 | $120,000 |
| TREY GREEN | Executive Dir. Trustee or director, Officer | 40 | $83,104 |
| NATHAN MACIAS | FORMER EXECUTIVE DIRECTOR | 40 | $39,333 |
| TRACEY DEAN | Director Trustee or director | 1 | $0 |
| DEIDRA VOIGT | Secretary Trustee or director, Officer | 1 | $0 |
| MARK COLE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| PAUL TSIKA | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATHAN MACIAS | FOR. EXEC. DIR. Trustee or director, Officer | 40 | $124,176 |
| RICK GREEN | President Trustee or director, Officer | 40 | $79,207 |
| TREY GREEN | Executive Dir. Trustee or director, Officer | 40 | $77,491 |
| KARA GREEN | Director Trustee or director | 40 | $50,625 |
| TRACEY DEAN | Director Trustee or director | 1 | $0 |
| DEIDRA VOIGT | Secretary Trustee or director, Officer | 1 | $0 |
| MARK COLE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| PAUL TSIKA | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 586, DRIPPING SPGS, TX 78620-0586
- In care of
- % TORCH OF FREEDOM FOUNDATION
- Principal officer (990 for 2024)
- RICK GREEN, PO BOX 231, FREDERICKSBURG, TX 78624
- Signed the 990
- RICK GREEN, President
- Phone
- (512) 515-3744
- Website
- www.torchoffreedom.org
- Return prepared by
- HENRY & PETERS PC
Mission
PROTECT AND PRESERVE LIBERTY
Program accomplishments
- PROVIDE INSTRUCTION AND TRAINING IN THE AREAS OF CIVIC INVOLVEMENT, HISTORY, THE LEGISLATIVE PROCESS, PUBLIC POLICY, AND PUBLIC SPEAKING.Expenses $4,002,045 · grants $5,005 · revenue $2,075,290
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2967066
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $8,144,126
- Income (IRS master file)
- $6,552,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,242,460 | $5,311,285 | $8,144,126 | XML |
| 990 | December 2023 | $4,669,638 | $4,056,014 | $5,935,931 | XML |
| 990 | December 2022 | $3,748,023 | $2,840,276 | $5,154,250 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 74-2967066).
Questions about TORCH OF FREEDOM FOUNDATION
- What is the EIN of TORCH OF FREEDOM FOUNDATION?
- The employer identification number (EIN) of TORCH OF FREEDOM FOUNDATION is 74-2967066.
- Is TORCH OF FREEDOM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to TORCH OF FREEDOM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TORCH OF FREEDOM FOUNDATION 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 OF FREEDOM FOUNDATION 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 OF FREEDOM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TORCH OF FREEDOM FOUNDATION?
- The 990 for the year ended December 31, 2024 names RICK GREEN.
- Who are the officers and directors of TORCH OF FREEDOM FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 5 received compensation from the organization, the highest $156,292 (RICK GREEN, President).
- How much revenue does TORCH OF FREEDOM FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,242,460, expenses of $5,311,285 and total assets of $8,144,126 at year end.
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