Fowlerville, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Torch, founded in 2012, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $108K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring.
To provide free groceries and meals to food insecure individuals and families.
Every Tuesday and Wednesday, hundreds of pounds of free groceries are donated to The Torch from Trader Joe's in Michigan. These groceries are supplemented with groceries purchased by Torch...
Every Tuesday and Wednesday, hundreds of pounds of free groceries are donated to The Torch from Trader Joe's in Michigan. These groceries are supplemented with groceries purchased by Torch volunteers. Volunteers pick up the groceries, and bring them to 131 Mill St, Fowlerville, MI, where they are sorted for distribution. They are all given away and distributed to people who have food insecurities every Wednesday of the year. Between 150-200 families receive groceries each week. In Los Angeles County, California, volunteers pick groceries up from three different Trader Joe's locations. They are then driven to neighborhoods where there are people in need and food giveaways. People with food insecurities are able to pick the groceries up for free. They are serving between 250-300 families each week. This happens in Michigan and California year round.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $108,255 | $603,009 | -0.8% |
| Expenses | $105,077 | $586,982 | -0.8% |
| Net Income | $3,178 | $16,027 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Madison Callahan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kim Tomaszewski | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Cathi LeBlanc | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Beth Wiltse | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Rhonda Callahan | President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Sara Barnwell | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Susan Bonstelle | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $108,255 | $105,077 | $120,630 | $3,178 |
| 2023 | $603,009 | $586,982 | $117,452 | $16,027 |
Compare The Torch with other nonprofits in Michigan and across the country.