2025-07-15T12:35:19-05:00 2024-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2024-01-01 813651292 EMMA'S TORCH LTD EMMA 2404416326 345 SMITH STREET BROOKLYN NY 11231 KERRY BRODIE EXECUTIVE DIRECTOR 2404416326 2025-07-11 1 0 MONIQUE BOOKER P00644231 4105840060 2024 2025-03-06 01:10:19Z KERRY BRODIE 345 SMITH STREET BROOKLYN NY 11231 3860982 0 X WWW.EMMASTORCH.ORG X 2016 NY TO ALLEVIATE UNEMPLOYMENT FOR THOSE EXPERIENCING POVERTY. 12 12 225 5 0 0 2317658 2482875 974339 1229648 56678 147633 10653 826 3359328 3860982 0 0 0 0 2558150 3294039 0 0 221543 1691064 1699338 4249214 4993377 -889886 -1132395 6238805 4954757 1332933 1191817 4905872 3762940 TO ALLEVIATE UNEMPLOYMENT AND POVERTY AFFECTING INDIVIDUALS' REFUGEES, ASYLEES, AND VICTIMS OF HUMAN TRAFFICKING BY PREPARING THEM FOR SKILLED EMPLOYEE IN THE CULINARY FIELD. 0 0 4609714 3529090 FOSTERING EMPLOYMENT OF THE NEEDY IN THE CULINARY FIELD. 4609714 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 225 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X KERRY BRODIE 2404416326 345 SMITH STREET BROOKLYN NY 11231 ABE MONZON BOARD MEMBER 2.00 X 0 0 0 AKSHAY BELANI BOARD MEMBER 2.00 X 0 0 0 BECCA PARRISH BOARD MEMBER 2.00 X 0 0 0 DINO LAVORINI BOARD MEMBER 2.00 X 0 0 0 IRENE HAMBURGER BOARD MEMBER 2.00 X 0 0 0 JULIE CHANG BOARD MEMBER 2.00 X 0 0 0 MELISSA GLASS BOARD CHAIR 5.00 X X 0 0 0 MICHAEL STILLMAN BOARD MEMBER 2.00 X 0 0 0 MICHELLE JEWETT BOARD TREASURER 2.00 X X 0 0 0 RICHARD FIELDS BOARD MEMBER 2.00 X 0 0 0 SAARA HAFEEZ BOARD MEMBER 2.00 X 0 0 0 SARA ROSEN BOARD SECRETARY 2.00 X X 0 0 0 KERRY BRODIE EXECUTIVE DIRECTOR 40.00 X 128810 0 3885 ALEXANDER HARRIS EXECUTIVE CULINARY DIRECTOR 40.00 X 113319 0 3181 ALIX HABER DC AREA DIRECTOR & CHIEF OPERATING OFFICER 40.00 X 106185 0 2962 KIRA O'BRIEN NEW YORK DIRECTOR & CHIEF OF HUMAN RESOURCES OPERA 40.00 X 110171 0 3078 458485 0 13106 4 0 0 0 0 5000 2477875 61365 2482875 PROGRAM SERVICE REVENU 621110 1229648 1229648 1229648 147633 147633 OTHER INCOME 900099 826 826 826 3860982 1230474 0 147633 471590 446621 24969 2315935 2203793 58734 53408 221063 206202 11012 3849 285451 263018 6527 15906 2377 2242 135 102528 23909 1277 77342 251526 140233 46104 65189 3110 3102 6 2 68425 63507 4730 188 374449 374306 106 37 44685 42446 1662 577 10831 9863 784 184 50129 46759 2497 873 52044 46122 2463 3459 COST OF GOODS SOLD 547456 547456 REPAIRS AND MAINTAINENC 105159 105152 5 2 ALL OTHER EXPENSES 86619 84983 1244 392 4993377 4609714 162120 221543 1178700 4172214 1374527 37187 28833 18668 17203 26939 384606 227831 206938 156775 2735919 696685 542974 6238805 4954757 191012 118713 0 93060 462115 450457 679806 529587 1332933 1191817 X 1589819 3587875 3316053 175065 4905872 3762940 6238805 4954757 -1132395 -10537 0 X 0 1 X 0 0 X 1029306 4080141 4310624 2317658 2482875 14220604 1029306 4080141 4310624 2317658 2482875 14220604 14220604 56678 147633 204311 14424915 0.98580 0.99550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49260 44945 4315 171328 49453 121875 164018 133433 30585 156775 SECURITY DEPOSIT 39883 RIGHT OF USE ASSETS 503091 542974 LEASE LIABILITIES 529587 529587 X 3529090 215564 -547456 -331892 3860982 0 3860982 4661485 215564 -547456 -331892 4993377 0 4993377 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE IRC. THE ORGANIZATION IS ALSO EXEMPT UNDER N.Y. TAX LAW SECTION 1116: EXEMPT ORGANIZATIONS. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2024, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2022 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION AND THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. ANNUALLY, THE ORGANIZATION MAINTAINS THAT INCOME DERIVED FROM ITS RESTAURANT OPERATIONS IS A RELATED BUSINESS ACTIVITY THAT IS CONDUCTED WITHOUT THE INTENT TO MAKE A PROFIT. PROFITS, IF ANY, ARE DEDICATED TO THE FURTHERANCE OF THE PURPOSE FOR WHICH THE ORGANIZATION WAS ORGANIZED AND OPERATED AS SPECIFIED IN ITS ARTICLES OF INCORPORATION. ACCORDINGLY, MANAGEMENT HAS DETERMINED THAT AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS AND IS NOT AN UNRELATED TRADE OR BUSINESS WITHIN THE MEANING OF SECTION 513 OF THE IRC. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES X 7499 FMV X 1 45206 FMV X 11 8660 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS ARE BROUGHT TO THE BOARD'S ATTENTION BEFORE THEY OCCUR, RESOLUTION IS DISCUSSED AND TRANSACTIONS ARE LIMITED OR MONITORED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES ANY CHANGES TO THE EXECUTIVE DIRECTOR'S SALARY. NO BOARD MEMBER IS COMPENSATED FOR THEIR ROLE ON THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST.