Ives Torres Foundation
- Assets
- $74.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corona, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-2410079
Organization Overview
Ives Torres Foundation is located in Corona, CA. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ives Torres Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ives Torres Foundation generated $189.4k in total revenue. All expenses for the organization totaled $127.5k during the year ending 12/2023. While expenses have increased by 119.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO IMPROVE THE LIVES OF INDIVIDUALS WITH DISABILITIES WHILE PROVIDING THE KNOWLEDGE AND RESOURCES TO SELF-ADVOCATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Javier Torres Director | 40 | $19,400 | |
Isa Torres Co-Director | 40 | $34,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,000 |
| Total Revenue | $189,400 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,020 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,975 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,522 |
| Total expenses | $127,517 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,185 |
| Other assets | $0 |
| Total assets | $74,090 |
| Total liabilities | $5,942 |
| Net assets or fund balances | $68,148 |