Tico Torres Children Foundation Inc
- Assets
- $47.7k
- Revenue
- $134.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 04/2009
- Data as of
- 12/2016
- EIN
- 26-2904805
Organization Overview
Tico Torres Children Foundation Inc is located in Miami, FL. The organization was established in 2009. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tico Torres Children Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE TICO TORRES CHILDREN FOUNDATION IS A 501 (C)(3) CHARITY DEVELOPED TO ASSIST CHILDREN IN NEED TO FIGHT HUNGER, DISEASE, HOMELESSNESS, NEGLECT, ABUSE, AND ILLNESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS PAID TO 501 (C)(3) CHARITIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hector S Torres President | Trustee | 5 | $0 |
Gina Franano Executive Director | Trustee | 20 | $0 |
Joseph Apuzzo CPA Treasurer | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $108,599 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,599 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$74,371 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,228 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $136,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $199 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $137,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,084 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,624 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $47,708 |
| Accounts payable and accrued expenses | $46,538 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $46,538 |
| Unrestricted restricted net Assets | $1,170 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,170 |
Grants Awarded
Over the last fiscal year, Tico Torres Children Foundation Inc has awarded $175,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMAZON CONSERVATION TEAM PURPOSE: Fifteen years ago, conserving land meant buying land. Today, everyone recognizes that people are crucial to sustainable success, indigenous people perhaps most of all. Fifteen years ago, conservation was done mostly at arms length in a top-down model virtually deaf to local needs and issues. Today, conservation always involves capacity building among local populations. | $100,000 |
JEROME GOLDEN CENTER FOUNDATION INC PURPOSE: The mission of the Jerome Golden Center for Behavioral Health is to help clients build resiliency, facilitate recovery and achieve reintegration into the community by designing and delivering behavioral healthcare services that meet their needs and expectations. | $75,000 |