Overview
What is Torch Sports Inc?
Torch Sports Inc, situated in Palo Alto, California, is a nonprofit organization dedicated to supporting youth basketball activities in the Northern California area. Throughout 2021, the organization continued its mission by safely resuming in-person basketball workouts, integrating a strength and conditioning component, and allowing approximately 70 girls to engage in social activities. Towards the end of the year, Torch Sports fully resumed live play and organized an all-girls basketball league, serving an additional 170 girls on a weekly basis. The organization's primary goal is to promote and sponsor amateur youth basketball opportunities, ensuring inclusivity regardless of ability or economic background.
Official website here: www.torchbball.com
Is Torch Sports Inc legitimate?
Torch Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Torch Sports Inc 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: $168,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.torchbball.com
What is the mission statement of Torch Sports Inc?
Torch Sports Inc's mission is centered around promoting, advancing, and sponsoring amateur basketball opportunities for youth, regardless of their abilities or financial situations. The organization aims to make basketball accessible to all interested individuals, fostering a inclusive environment. In 2021, Torch Sports Inc successfully served youth athletes in the Northern California area, returning to in-person basketball workouts and incorporating a strength and conditioning component to enhance athletic abilities. Approximately 70 girls were able to stay active and socialize, while later in the year, the organization fully resumed live play and hosted an all-girls basketball league, benefiting an additional 170 girls weekly. These achievements align with Torch Sports Inc's commitment to supporting youth activities in basketball and promoting community engagement.
Official website here: www.torchbball.com
What is the revenue of Torch Sports Inc?
Torch Sports Inc's revenue in 2023 was $328,391.
Official website here: www.torchbball.com
Who are the executives of Torch Sports Inc and what are their salaries?
The average compensation at Torch Sports Inc during 2023 was $84,154. There are 2 employees at Torch Sports Inc.
Here are 3 key members and their salaries:
- Compensation: $94,954
- Related: $0
- Other: $0
- Compensation: $73,354
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.torchbball.com
Where can I find the form 990 for Torch Sports Inc?
Torch Sports Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.torchbball.com
Learn more at the official website: www.torchbball.com
Mission Statement of Torch Sports Inc
Torch Sports Inc, a nonprofit organization, is committed to promoting and advancing amateur youth basketball opportunities for all interested individuals, regardless of their ability or economic situation. The mission of Torch Sports Inc is to sponsor these opportunities, ensuring that they are accessible to everyone who wishes to participate.
In the pursuit of its mission, Torch Sports Inc strives to create a supportive environment for youth athletes. During the 2021 calendar year, the organization successfully served youth athletes residing in the Northern California area. Despite the challenges posed by the pandemic, Torch Sports Inc managed to safely return to in-person basketball workouts. As an added measure, they incorporated a strength and conditioning component to enhance athletic abilities. This initiative allowed approximately 70 girls to stay active while also providing opportunities for social interaction.
As the year progressed, Torch Sports Inc was able to fully resume live play and host their All Girls Basketball League. This fall league served an additional 170 girls on a weekly basis, further demonstrating the organization's commitment to supporting youth activities in basketball and promoting community engagement. By providing these opportunities, Torch Sports Inc is making a significant contribution to the development of young athletes and fostering a sense of unity and camaraderie among them.
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Impact
October, 2024
Torch Sports Inc significantly impacts youth in Northern California by promoting and facilitating amateur basketball opportunities for all, regardless of skill level or financial circumstances. During the 2021 calendar year, the organization demonstrated its commitment to youth development by ensuring a safe return to in-person basketball workouts. This initiative allowed approximately 70 girls to remain active while fostering social connections in a supportive environment.
Furthermore, Torch Sports enhanced its programming by incorporating a strength and conditioning component into its training, aimed at improving athletic abilities. By the latter part of the year, the organization fully resumed live play and successfully hosted its All Girls Basketball League, which engaged an additional 170 girls on a weekly basis.
These accomplishments underscore Torch Sports Inc's dedication to providing a safe and inclusive platform for youth athletes, promoting both physical fitness and community engagement through the sport of basketball. Through its efforts, the organization continues to create a positive and lasting impact on the lives of young athletes in the Palo Alto area and beyond.
This information is meant to be a general summary of Torch Sports Inc. 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 2023.
- Program Service Revenue: $328,391
- Gross Receipts: $328,391
Assets and Liabilities:
- Total Assets: $169,695
- Total Liabilities: $1,803
- Net Assets: $167,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$328,391
Organization Details
Founding Year
2017
Principal Officer
Melanie Murphy
Website
www.torchbball.comNTEE Category
Code: N62 - Recreation
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