2014-10-23T12:34:17-05:00 2013-09-30 161170608 TOSKI & CO CPAS PC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2012-10-01 134083242 TORCH PROGRAM INC C/O ML MANAGEMENT ASSOCIATES INC TORC 2129299573 250 WEST 57TH STREET 26TH FLOOR NEW YORK NY 10107 PETER DRAKOULIAS 2129299573 2014-10-10 1 JOHN T O'BRIEN MBA MST P01253588 7166340700 2014-10-01 2012 2015-11-30 17:44:51Z X PETER DRAKOULIS 250 WEST 57TH STREET 26TH FLOOR NEW YORK NY 10107 329957 0 X WWW.THETORCHPROGRAM.ORG X 1999 NY TRANSFORMING THE LIVES OF UNDERSERVED NYC PUBLIC HIGH SCHOOL STUDENTS BY PROVIDING INTENSIVE EXPOSURE TO CAREER TRAINING AND OPPORTUNITIES IN COMMUNICATIONS AND THE ARTS. WHILE FACILITATING A MEANINGFUL WAY OF INCREASING THE DIVERSITY OF THE WORKFORCE IN THOSE INDUSTRIES. 12 12 3 50 0 0 130712 195860 0 0 0 0 -38199 87067 92513 282927 0 0 0 0 128209 176138 0 0 0 35328 51434 163537 227572 -71024 55355 7437 31814 40362 9384 -32925 22430 TRANSFORMING THE LIVES OF UNDERSERVED NYC PUBLIC HIGH SCHOOL STUDENTS BY PROVIDING INTENSIVE EXPOSURE TO CAREER TRAINING AND OPPORTUNITIES IN COMMUNICATIONS AND THE ARTS. WHILE FACILITATING A MEANINGFUL WAY OF INCREASING THE DIVERSITY OF THE WORKFORCE IN THOSE INDUSTRIES. 0 0 205662 AFTER-SCHOOL PROGRAM - PARTICIPANTS MUST MEET WEEKLY TO WORK ON PROJECTS THAT GIVE THEM HANDS-ON EXPERIENCE IN INDUSTRIES OF FOCUS, WHICH INCLUDE ANIMATION, INTERACTIVE JOURNALISM, MUSIC AND MULTIMEDIA. ADDITIONALLY, TORCH PLANS COLLEGE VISITS AND WORKSHOPS THROUGHOUT THE YEAR FOCUSING ON TOPICS SUCH AS RESUME WRITING AND INTERVIEWING SKILLS. IN THE SUMMER, TORCH PLACES STUDENTS IN PAYING INTERNSHIPS TO ALLOW THEM TO FURTHER EXPLORE CAREER OPPORTUNITIES. ULTIMATE GOALS FOR TORCH INCLUDE PARTICIPANTS GRADUATION FROM HIGH SCHOOL AND COLLEGE WITH A DIRECTION AND FORMULATED GOALS. 205662 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 3 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 NY X MICHAEL GREENE ML MGMT ASSOC 2123335500 250 WEST 57TH ST 26TH FL NEW YORK NY 10107 PETER DRAKOULIS 1.00 X X 0 0 0 ANTHONY DELMONTE 1.00 X 0 0 0 REGINA EBEL 1.00 X 0 0 0 ALISON FAHEY 1.00 X 0 0 0 DR LAUREN GOLDENBERG 1.00 X 0 0 0 AMY GUSS 1.00 X 0 0 0 NANCY HILL 1.00 X 0 0 0 SUZANNE KAPLAN 1.00 X 0 0 0 MARC SIDEN 1.00 X 0 0 0 SONIA SROKA 1.00 X 0 0 0 ANNETTE STOVER 1.00 X 0 0 0 TIFFANY R WARREN 1.00 X 0 0 0 DEBI DEUTSCH 40.00 X 90000 0 0 FRANCIS CARRERO 1.00 X 0 0 0 90000 0 0 0 0 0 0 0 195860 195860 133597 47030 86567 86567 MISCELLANEOUS 900099 500 500 500 282927 0 0 87067 90000 81000 9000 43480 39132 4348 31800 28620 3180 10858 9772 1086 2500 2250 250 732 659 73 1238 1114 124 1170 1053 117 475 428 47 15156 13640 1516 3113 2802 311 36 32 4 1196 1076 120 2505 2255 250 MUSIC FEST EXPS 8467 8467 TELEPHONE 3597 3237 360 BANK & CREDIT CARD FEES 3361 3025 336 MEETINGS & REFRESHMENTS 3291 2962 329 4597 4138 459 227572 205662 21910 0 1884 15942 301 11214 16002 13245 3953 2757 1600 1600 7437 31814 9219 5280 10000 3500 21143 604 40362 9384 X -32925 22430 -32925 22430 7437 31814 55355 0 X X 1 X 0 0 0 X 105296 125942 70220 130712 195860 628030 105296 125942 70220 130712 195860 628030 628030 11 4 15 48072 48680 160437 92077 81067 430333 1058378 0.59340 0.66740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16002 13245 2757 2757 SECURITY DEPOSIT 1600 1600 LOANS & EXCHANGES 604 604 X 282927 0 282927 0 282927 227572 0 227572 0 227572 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ORGANIZATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN IT FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATION FOR THE YEARS ENDED SEPTEMBER 30, 2009 AND PRIOR POKER FUNDRAISER 83266 83266 10000 22155 ANNUAL BENEFIT 50331 50331 14875 2 133597 133597 10000 37030 47030 86567 FORM 990, PART VI, SECTION B, LINE 11 NO REVIEW WAS OR WILL BE CONDUCTED COMPENSATION IS DETERMINED BY THE BOARD FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990 PART XII LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2013. REASON FOR AMENDED RETURN FORM 990, PAGE 1, BOX B FORM 990 IS BEING AMENDED TO ADJUST RETURN FOR CHANGES TO REVENUE AND LIABILITIES. ORIGINAL RETURN INCLUDED A LOAN PAYABLE TO A OFFICER OF $50,000; RETURN IS BEING AMENDED TO REFLECT THE FORGIVENESS OF DEBT AND TO INCREASE CONTRIBUTION REVENUE BY $50,000. ALSO, REMOVED SCHEDULE L "TRANSACTIONS WITH INTERESTED PERSONS"; DISCLOSURE WAS NO LONGER REQUIRED SINCE THE LOAN WAS REMOVED FROM THE BOOKS.