THE TORCH RELAY FOR CHILDREN'S MIRACLE NETWORK INC

EIN: 800080028 501(c)(3) Medical Research

ORLANDO, FL

Total Revenue
$1,360,936
Total Expenses
$1,376,125
Total Assets
N/A
Net Assets
$-11,411
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
FL
Principal Officer
KEITH KOCAREK
Phone
4072066239
Tax Period
2025-03-01 to 2026-02-28

THE TORCH RELAY FOR CHILDREN'S MIRACLE NETWORK INC, founded in 2002, is a community nonprofit in the Medical Research sector that reported $1.4M in total revenue in fiscal year 2025.

Mission

MAXIMIZE FUNDRAISING TO SUPPORT HEALTHY CHILRDEN THROUGH INNOVATIVE PROGRAMS AND EVENTS THAT SUPPORT BOTH INDIVIDUAL AND ORGANIZATIONAL FUNDRAISING OPPORTUNITIES.

Program Service Accomplishments

Program 1
Expenses: $1,360,257

THE TORCH RELAY FOR CHILDREN'S MIRACLE NETWORK IS A SERIES OF WALKS, RUNS AND CYCLING EVENTS THROUGHOUT THE U.S TO RAISE MONEY FOR THEIR LOCAL CHILDREN'S HOSPITAL. DIRECT DONATIONS SUPPORT 19...

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THE TORCH RELAY FOR CHILDREN'S MIRACLE NETWORK IS A SERIES OF WALKS, RUNS AND CYCLING EVENTS THROUGHOUT THE U.S TO RAISE MONEY FOR THEIR LOCAL CHILDREN'S HOSPITAL. DIRECT DONATIONS SUPPORT 19 CHILDREN'S HOSPITALS IN THE U.S. DONATIONS ALSO PROVIDE SUPPORT FOR FAMILIES IMPACTED BY CHILDHOOD ILLNESS, TREATED AT A CHILDREN'S HOSPITAL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,360,936
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,360,936

Expense Breakdown

Grants Paid $1,187,595
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,360,257
Other Expenses $188,530
TOTAL EXPENSES $1,376,125

Year-over-Year Comparison

2025 2024 Change
Revenue $1,360,936 $1,310,545 +0.0%
Expenses $1,376,125 $1,306,769 +0.1%
Net Income $-15,189 $3,776 -5.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH KOCAREK PRESIDENT AND CEO 10.00
Officer Director
$0 $0 $0
DAN BRETL VICE PRESIDENT 1.00
Director
$0 $0 $0
STEVE SHORT BOARD CHAIRMAN 1.00
Director
$0 $0 $0
CHERYL RUTENBURG DIRECTOR 1.00
Director
$0 $0 $0
JOANNA TODD DIRECTOR 1.00
Director
$0 $0 $0
SCOTT WEISZ DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN SCHAVEMAKER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2026 $1,360,936 $1,376,125 No data $-15,189
2025 $1,310,545 $1,306,767 $3,778 $3,778
2024 $925,010 $925,010 No data No data
2023 $570,854 $570,854 No data No data
2022 $400,391 $400,391 No data No data
2021 $271,317 $271,317 No data No data
2020 $1,102,461 $1,102,461 No data No data
2019 $1,024,067 $1,024,067 No data No data
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