Overview
What is Torch 180?
Torch 180, based in Fowlerville, Michigan, is a nonprofit organization that specializes in empowering individuals with disabilities. Their primary mission involves providing inclusive opportunities for effective vocational training, enhancing essential soft skills, and offering practical work experience. Located at 131 Mill Street, this organization operates with a team of 12 dedicated individuals. Their focus is on the food service industry, aiming to create equal employment opportunities for individuals with disadvantages.
Official website here: www.torch180.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Torch 180 has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization excels in governance, with 100% of its board members being independent. It also showcases a strong financial health with a program expense ratio of 91.22%, meaning that the vast majority of its expenses go directly to its programs.
In terms of community engagement, Torch 180 scored well in areas such as constituent feedback and feedback collection, both receiving perfect scores. This suggests that the organization values and actively seeks input from those it serves, which is a significant strength. However, its equity strategies score reflects some potential areas for improvement, particularly in equity policies and processes, where it scored only 1 out of 7 points.
Overall, while Torch 180 demonstrates strong accountability and effective use of funds, there are opportunities to enhance its equity strategies to ensure inclusive practices within the organization. This balanced approach will help the nonprofit build on its strengths and address identified limitations.
This AI summary has been generated from information found on Charity Navigator.
Is Torch 180 legitimate?
Torch 180 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Torch 180 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,568
For more financial information, click here
Official website here: www.torch180.org
What is the mission statement of Torch 180?
Torch 180's mission is centered around providing inclusive opportunities for effective vocational training, soft skills development, and work experience for individuals facing various disadvantages. Their primary goal is to empower these individuals, equipping them with the necessary skills to successfully enter the workforce, particularly in the food service industry. By offering comprehensive training programs, Torch 180 aims to bridge the gap between potential employees and employers, fostering a more inclusive and diverse workforce.
Official website here: www.torch180.org
Who is the CEO of Torch 180?
Molly Otto is the Treasurer of Torch 180.
Official website here: www.torch180.org
What is the revenue of Torch 180?
Torch 180's revenue in 2022 was $474,880.
Official website here: www.torch180.org
Who are the executives of Torch 180 and what are their salaries?
The average compensation at Torch 180 during 2022 was $11,797. There are 12 employees and 4 volunteers at Torch 180.
Here are 9 key members and their salaries:
- Compensation: $60,000
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.torch180.org
Where can I find the form 990 for Torch 180?
Torch 180's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.torch180.org
Learn more at the official website: www.torch180.org
Mission Statement of Torch 180
Torch 180, a nonprofit organization, is dedicated to providing inclusive opportunities for effective vocational training, soft skills development, and work experience for individuals who face various disadvantages. The mission of Torch 180 is to empower these individuals by offering them the necessary resources and practical experiences to enhance their employability in the food service industry. By focusing on vocational training, soft skills development, and work experience, Torch 180 aims to equip its participants with the essential tools required to succeed in the job market.
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Impact
July, 2024
Torch 180's impact lies in its provision of inclusive opportunities for effective vocational training, soft skills development, and work experience for individuals with disadvantages. Specifically, the organization trains people with disabilities for employment in the food service industry. By doing so, Torch 180 is working to create a more inclusive workforce and provide individuals with disabilities the skills and experience needed to secure gainful employment opportunities. In this way, Torch 180 is making a positive impact by helping to empower individuals with disabilities to achieve economic independence and contribute to their communities.
This information is meant to be a general summary of Torch 180. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,309
- Program Service Revenue: $76,344
- Gross Receipts: $482,895
Assets and Liabilities:
- Total Assets: $1,275,802
- Total Liabilities: $435,732
- Net Assets: $840,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COFFEE SHOP SALES
Revenue
$72,298
SPACE RENTAL
Revenue
$3,436
TABLE FEES
Revenue
$610
Organization Details
Founding Year
2015
Phone
(517) 883-3043Principal Officer
Molly Otto
Main Address
131 MILL STREET, FOWLERVILLE, MI, 48836
Website
www.torch180.orgNTEE Category
Code: J22 - Employment
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