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Filing year 2024

Pass The Torch Inc

Melbourne, Florida·EIN 81-4956722·NTEE O99 · Youth Development·501(c)(3)
Total revenue
$22k
Total assets
$6k
Total expenses
$21k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. Pass The Torch Inc reported 2 unpaid officers and board members on its 990-PF.

President
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$15k

Itemized grants

1

Median grant

$15k

RecipientLocationPurposeAmount
Youth in Aviation BrevardMelbourne, FLSupport Youth in Aviation Brevard Projects$15k
Financial trend

Revenue and expenses over time

Pass The Torch Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$12k
$10k
2023
$22k
$21k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Youth Development executives earn in Florida

Pass The Torch Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable youth development organization in Florida earns a median of $66,040.

25th percentile
$28k
Median
$66,040
75th percentile
$118k
90th percentile
$207k

These are youth development sector-wide figures, not this organization's reported pay. Based on 284 organizations across 284 filings (2021 – 2024).

See full Youth Development pay data for Florida
FAQ

Common questions about Pass The Torch Inc

What are Pass The Torch Inc's revenue and expenses?

In 2024, Pass The Torch Inc reported $22k in total revenue and $21k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.