2024-10-27T13:14:29Z 2023-12-31 990EZ 2023-01-01 900746894 SAINT LOUIS TORCHBEARERS 2 SAIN 3145029122 PO Box 78007 Saint Louis MO 631788007 Founder-CEOVELMA BAILEY Founder/CEO 3145029122 2024-10-26 2023 2024-10-15 13:58:12Z X www.torchbearers2.org X X 66056 65960 0 0 96 0 0 0 0 0 0 0 0 0 0 0 66056 0 0 0 24194 0 545 24168 48907 17149 39342 0 56491 X 39433 58821 0 0 0 1688 39433 60509 91 4018 39342 56491 To Train Youth to Serve in Leadership Roles Learn to Swim and Water Safety #served 85 children services provided 16 One hour for each participant. Some parents and teachers did learn to swim as well 32194 33702 Camp Sun Splash #served 30 children 4 to 18 years of age; including swimming, field trips, and other developmental activities. Provided 50 days of camp from 8am-6pm utilized older youth to serve as mentors in a gamut of ways 10000 15085 Biking-Reading Riders #served 8 of our students who joined 25 other bikers for age appropriate skill building, reading development, social skill and peer leadership. Fees paid for registration, foo, bike use, and admissions were in-kind 120 48907 Velma Bailey Founder/CEO 60.00 0 0 0 Helen L Bailey Treasurer 5.00 0 0 0 Xenipher Wiley Member 5.00 0 0 0 Theresa Wilkins Secretary 5.00 0 0 0 Jeremiah Cabiness Member 5.00 0 0 0 false false false false false 0 false false 0 0 0 false 0 0 false MO Velma Baily 2939 Dodier Street St Louis MO 631072602 3145029122 false false false false false false false false false false false NONE 0 NONE 0 true X 0 0 0 0 60960 60960 0 0 0 0 60960 60960 3678 57282 96 96 61056 0.93820 0.00000 X Part II Line 22 Excluded from income on Part II is a $5,000 gift received from the E Walter Hausette Foundation. While Saint Louis Torchbearers 2 has been operation as a 501 (c) 3, this is the first year that revenue reached the level that a 990 EZ was required. Prior to the Swim Grant, which accounts for roughly 1/2 of current year's revenue, revenues averaged $30,000-$35,000 per year. It should be noted that the organization has always been publicly supported. Grant fund expenditures were reported directly to grantors in required reports. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part 1 Line 16 Other Expenses of 24,168 consists of expenditures for field trips and enrichment outings, swimming gear for swim program as well as swim gear for summer camp, pool usage, charges, van usage for swim program, snacks, and general camp supplies Part II Line 24 Other assets - Balance 12-31-2023 of $1,688 consists of a Grant Receivable at year end, and relates to November an December expenses incurred for the swim program for which reimbursement was not received until 2024 Part II Line 26 Total Liabilities - Credit Card Payables were $91 and $18 as of 12-31-2022 and 12-31-2023 respectively. Additionally, balance as of 12-31-23 includes $4,000 of unearned revenue on Grant Received from St. Louis Local Development Grant. Conditions of the grant state that $4,000 of the $5,000 received was to be spent on salaries. Funds to be spent in 2024. revenue deferred to facilitate proper matching of expenses and revenue. The 990 EZ tax form was returned as being sent to an IRS address that no longer accepts tax forms by US Mail. After identifying the correct electronic filing procedure as the appropriate method was made with members from the IRS telephone help line, the tax form electronic filing is concluding using the company Simple 990 to accomplish the task. Procedures have been put in place to continue using the company Simple 990 to fulfill the requirements. We have also engaged the services of a retired accountant to work in this area to ensure all procedures and timelines are followed.