Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
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
9 people listed on the 990; $65K paid to officers and key staff.
Peter Reid’s $57K as CEO is at the 19th percentile of top reported officer pay among 1636 $1–10M 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.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Peter Reid | $57,240 | $17,615 | $27,774 |
| Tom Marcus | $17,130 | $20,917 | $21,936 |
| Erik Snyder | $17,624 | $15,341 | $15,218 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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 15aYes
Programs and updates
Provides Bible education and hosts conferences at dedicated centers.
Questions for Torchbearers International
Your first name shows with your question. Torchbearers International answers here, for everyone.
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Bible school and conference centers for promoting and encouraging individuals in the faith by witness and fellowship.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $106K | |
| InvestmentsLn 11–13 | $331K | |
| Land, buildings, equipmentLn 10c | $30K | |
| Total assetsLn 16 | $0 | $1.4M |
| LiabilitiesLn 26 | $0 | $8K |
| Net assetsLn 32 | $0 | $1.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $65K | $47K | $18K | |
| Other salaries and wagesLn 7 | $616K | $549K | $67K | |
| Payroll taxesLn 10 | $46K | $40K | $6K | |
| Office expensesLn 13 | $43K | $41K | $2K | |
| Information technologyLn 14 | $5K | $5K | ||
| OccupancyLn 16 | $2K | $2K | ||
| TravelLn 17 | $15K | $14K | $662 | |
| Depreciation, depletion and amortizationLn 22 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $1.1M | $1.1M | ||
| Total functional expensesLn 25 | $1.9M | $1.8M | $99K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.6M | $1.6M | $32K | $615K | 990 PDF |
| FY2024 | $1.4M | $2.2M | −$804K | $585K | 990 PDF |
| FY2023 Viewing | $3.3M | $1.9M | $1.4M | $1.4M | 990 PDF |
| FY2022 | $2K | $927 | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $3,303,422 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $3,303,422 across 6 lines filed
Part IX · Statement of functional expenses $1,915,368 across 9 lines filed
Part X · Balance sheet $1,395,565 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,388,054 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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