Torahresource Com FY2023 filing

Tax-deductible

Tacoma, WA501(c)(3)Religion EIN 72-1529296Revenue $253K in FY2023Latest return filed May 15, 2025

On file with the IRS632 S Oxford St, 98465-1828 · Tacoma, WATax-exempt since May 2004Church

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1. To provide materials and other resources to christians throughout the world who desire to study the bible.2. To provide training in biblical studies for christian leaders and potential christian leaders.3. To provide materials and teaching opportunities to disadvantaged people-groups, particular the christian deaf community and native peoples in central america (spanish speakers and quiche indians)

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $5K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Fine: 75% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$253K
-33% vs prior year
Spent
$314K
To programs
75%
Net assets
$38K
By yearFY2020–FY2024
Revenue
$253K
FY2023▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2020$319K
FY2021$322K
FY2022$378K
FY2023$253K
FY2024$319K
Expenses
$314K
FY2023▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$301K
FY2021$347K
FY2022$326K
FY2023$314K
FY2024$326K
Net assets
$38K
FY2023▼ -62%
Tap a bar for its year
Net assets by fiscal year
FY2020$72K
FY2021$47K
FY2022$99K
FY2023$38K
FY2024$31K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $235K Management & general 25% · $79K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A

Caleb Hegg’s $87K as President is at the 83rd percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supplies Bible study resources and training to Christians globally, especially the deaf and indigenous peoples.

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Provided by the organization

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1 program · $235K · in their own filed words · FY2023
01

1. To provide materials and other resources to christians throughout the world who desire to study the BIBLE.2. To provide training in biblical studies for christian leaders and potential christian LEADERS.3.

$235Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$9K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$253K
Ln 12
Other incomeLn 4–11$201K
Gifts and grantsLn 1h$52K
Investment incomeLn 3$1
Money outPt IX
$314K
Ln 25
Programscol B$235K
Managementcol C$79K
Owns and owesPt X
$38K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$39K
LiabilitiesLn 26$1K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$52K
Investment incomeLn 3$1
Other incomeLn 4–11$201K
Gains on assetsLn 7$0
Total revenueLn 12$253K
Assets in detailPt X, end of year
CashLn 1$21K
SavingsLn 2$0
Cash and savings togetherLn 1–2$21K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$14K
Other assetsLn 15$0
Total assetsLn 16$39K
LiabilitiesLn 26$1K
Net assetsLn 32$38K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$59K$21K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$20K$14K
Total assetsLn 16$99K$39K
LiabilitiesLn 26$530$1K
Net assetsLn 32$99K$38K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$231K$173K$58K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$18K$14K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$395$395
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$5K$5K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$5K$3K$1K
TravelLn 17$8K$8K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$6K$5K$2K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$36K$29K$7K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$314K$235K$79K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS May 15, 2025 $319K$326K−$7K$31K 990 PDF
FY2023 ViewingFiled with the IRS Nov 13, 2024 $253K$314K−$61K$38K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $378K$326K$51K$99K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $322K$347K−$25K$47K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $319K$301K$19K$72K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $253,128 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $288,074$52,353
I-9 Program service revenue$0
I-10 Investment income$1
I-11 Other revenuePrior year $89,786$200,774
I-12 Total revenuePrior year $377,860$253,128
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $243,940$249,503
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $82,534$64,600
I-18 Total expensesPrior year $326,474$314,103
I-19 Revenue less expensesPrior year $51,386−$60,975
Part VI · Governance 0 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $253,128 across 8 lines filed
Lines not itemized here account for $200,774 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$52,353
VIII-1h Total contributions, gifts and grants$52,353
VIII-3 Investment incomeRelated to mission $1$1
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $200,775$253,128
Part IX · Statement of functional expenses $314,103 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $173,388 · Management $57,796$231,184
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $13,739 · Management $4,580$18,319
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $395$395
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $2,627$2,627
IX-13 Office expensesManagement $4,835$4,835
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $3,467 · Management $1,156$4,623
IX-17 TravelPrograms $8,337$8,337
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $4,506 · Management $1,502$6,008
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $28,881 · Management $6,663$35,544
IX-24e All other expensesManagement $2,231$2,231
IX-25 Total functional expensesPrograms $234,945 · Management $79,158 · Fundraising $0$314,103
Part X · Balance sheet $38,808 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $58,686$21,463
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $20,270$3,000
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $20,353$14,345
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $99,309$38,808
X-25 Other liabilitiesStart of year $530$1,004
X-26 Total liabilitiesStart of year $530$1,004
X-32 Total net assets or fund balancesStart of year $98,779$37,804
X-33 Total liabilities and net assetsStart of year $99,309$38,808
Part XI · Reconciliation of net assets $37,804 net assets at year end
XI-1 Total revenue$253,128
XI-2 Total expenses$314,103
XI-3 Revenue less expenses−$60,975
XI-4 Net assets at start of year$98,779
XI-10 Net assets at end of year$37,804

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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