Civic Intelligence

The Torch Foundation Ltd

990 • Fiscal year 2018 • EIN 13-3638911

Nov 01, 2017 to Oct 31, 2018 • Filed on Sep 16, 2019

Organization ProfileTORCHFOUNDATION.COM
5 Raven DriveCommack, NY 11725

(631) 543-8888

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE P • <$500k nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE P • <$500k nonprofits • Source year 2018

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

2018 filings • NTEE P • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE P • <$500k nonprofits • Source year 2018

Asset Growth

66th percentile

16%

Faster asset growth than 66% of similar nonprofits.

2018 filings • NTEE P • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

5.5%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • NTEE P • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$372,554

Up $51,195 (+16%) from 2017

Net Assets

Up

$372,554

Up $51,195 (+16%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin79th percentile

Revenue

Up

$190,979

Up $10,028 (+5.5%) from 2017

Expenses

Down

$139,784

Down $28,947 (-17%) from 2017

Net Income

Up

$51,195

Up $38,975 (+319%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $320,776Liabilities 2011: $0Net Assets 2011: $320,7762011Assets 2012: $288,198Liabilities 2012: $0Net Assets 2012: $288,1982012Assets 2013: $273,887Liabilities 2013: $0Net Assets 2013: $273,8872013Assets 2014: $322,031Liabilities 2014: $0Net Assets 2014: $322,0312014Assets 2015: $322,454Liabilities 2015: $0Net Assets 2015: $322,4542015Assets 2016: $309,139Liabilities 2016: $0Net Assets 2016: $309,1392016Assets 2017: $321,359Liabilities 2017: $0Net Assets 2017: $321,3592017Assets 2018: $372,554Liabilities 2018: $0Net Assets 2018: $372,5542018Assets 2020: $475,577Liabilities 2020: $15,000Net Assets 2020: $460,5772020Assets 2021: $479,362Liabilities 2021: $22,500Net Assets 2021: $456,8622021Assets 2022: $486,014Liabilities 2022: $30,000Net Assets 2022: $456,0142022Assets 2023: $393,465Liabilities 2023: $10,000Net Assets 2023: $383,4652023Assets 2024: $318,520Liabilities 2024: $10,000Net Assets 2024: $308,5202024

Highlighted filing

2018

Assets$372,554
Liabilities$0
Net Assets$372,554
Open 2018 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $280,881Expenses 2011: $258,568Net Income 2011: $22,3132011Revenue 2012: $61,030Expenses 2012: $93,608Net Income 2012: -$32,5782012Revenue 2013: $138,147Expenses 2013: $152,458Net Income 2013: -$14,3112013Revenue 2014: $175,104Expenses 2014: $126,960Net Income 2014: $48,1442014Revenue 2015: $150,483Expenses 2015: $150,060Net Income 2015: $4232015Revenue 2016: $157,869Expenses 2016: $171,184Net Income 2016: -$13,3152016Revenue 2017: $180,951Expenses 2017: $168,731Net Income 2017: $12,2202017Revenue 2018: $190,979Expenses 2018: $139,784Net Income 2018: $51,1952018Revenue 2020: $327,595Expenses 2020: $171,307Net Income 2020: $156,2882020Revenue 2021: $126,879Expenses 2021: $130,594Net Income 2021: -$3,7152021Revenue 2022: $115,667Expenses 2022: $116,515Net Income 2022: -$8482022Revenue 2023: $69,520Expenses 2023: $142,069Net Income 2023: -$72,5492023Revenue 2024: $79,429Expenses 2024: $154,374Net Income 2024: -$74,9452024

Highlighted filing

2018

Revenue$190,979
Expenses$139,784
Net Income$51,195
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Sep 16, 2019
Return Version
2017v2.3
Gross Receipts
$462,494
Mission and Program Overview

Mission

The torch foundation ltd is a non- for- profit organization within the real estate, design and construction community established to give something back to our industry and the children of our society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$321,359$372,554▲ $51,195
Savings and Temporary Cash Investments$223,389$257,291▲ $33,902
Cash and Non-Interest-Bearing Accounts$97,970$115,263▲ $17,293
Total Assets$321,359$372,554▲ $51,195
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$321,359$372,554▲ $51,195
Total Liabilities and Net Assets / Fund Balance$321,359$372,554▲ $51,195
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
-President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$81
Other Revenue
$190,898
Change in Net Assets
$51,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$96,900
Other Expenses$42,884
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$96,900--$96,900
Fees for Services Management-$23,568-$23,568
Office Expenses-$4,629-$4,629
Fees for Services Accounting-$3,925-$3,925
Advertising-$1,554-$1,554
Travel-$1,382-$1,382
All Other Expenses-$109-$109
Other Expenses-$75-$75
Total Functional Expenses$96,900$42,884$0$139,784
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nyu Langone MedicalNew York, NY-Contribution$30,000
Encourage Kids FoundationNew York, NY-Contribution$8,750
Montefiore MedicalBronx, NY-Contribution$7,500
St JudeNew York, NY-Contribution$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$462,413
Fundraising Direct Expenses$271,515
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Torch Foundation Ltd
EIN
13-3638911
Phone
6315438888
Address
5 RAVEN DRIVE, COMMACK, NY 11725

Signing Officer

Name
Joseph Rutigliano
Title
President
Signed
2019-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Rutigliano
Formed
1991
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
11

Preparer

Firm
Gerard Napolitano CPA P C
Address
2334 B Ralph Avenue, Brooklyn, NY 11234
Preparer
Gerard Napolitano
Phone
7188372606
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section SECTIONC3, Line 38

“Governing documents,conflict of interest policy and financial statements can be obtained by mail request”

Raw XML Appendix347 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE TORCH FOUNDATION LTD IS A NON- FOR- PROFIT ORGANIZATION WITHIN THE REAL ESTATE, DESIGN AND CONSTRUCTION COMMUNITY ESTABLISHED TO GIVE SOMETHING BACK TO OUR INDUSTRY AND THE CHILDREN OF OUR SOCIETY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01554
IRS990/AdvertisingGrp/TotalAmt01554
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0109
IRS990/AllOtherExpensesGrp/TotalAmt0109
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0GERARD NAPOLITANO CPA
IRS990/BooksInCareOfDetail/PhoneNum07188372606
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02334 B RALPH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011234
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt097970
IRS990/CashNonInterestBearingGrp/EOYAmt0115263
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt096900
IRS990/CYInvestmentIncomeAmt081
IRS990/CYOtherExpensesAmt042884
IRS990/CYOtherRevenueAmt0190898
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt051195
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0139784
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0190979
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0DINNER/DANCE GOLF OUTING- REVENUE GENERATED WAS GIVEN TO CHARTIES IN SCHEDULE 1
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt096900
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03925
IRS990/FeesForServicesAccountingGrp/TotalAmt03925
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt023568
IRS990/FeesForServicesManagementGrp/TotalAmt023568
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0008.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0007.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0JOSEPH RUTIGLIANO
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt0271515
IRS990/FundraisingGrossIncomeAmt0462413
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt096900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt096900
IRS990/GrantsToDomesticOrgsGrp/TotalAmt096900
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0462494
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt081
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt081
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE TORCH FOUNDATION LTD IS A NON- FOR- PROFIT ORGANIZATION WITHIN THE REAL ESTATE, DESIGN AND CONSTRUCTION COMMUNITY ESTABLISHED TO GIVE SOMETHING BACK TO OUR INDUSTRY AND THE CHILDREN OF OUR SOCIETY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0321359
IRS990/NetAssetsOrFundBalancesEOYAmt0372554
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0190898
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04629
IRS990/OfficeExpensesGrp/TotalAmt04629
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1MEALS
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEE
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02241
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1271
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25130
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt375
IRS990/OtherExpensesGrp/TotalAmt02241
IRS990/OtherExpensesGrp/TotalAmt1271
IRS990/OtherExpensesGrp/TotalAmt25130
IRS990/OtherExpensesGrp/TotalAmt375
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSEPH RUTIGLIANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0121200
IRS990/PYInvestmentIncomeAmt073
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt047531
IRS990/PYOtherRevenueAmt0180878
IRS990/PYRevenuesLessExpensesAmt012220
IRS990/PYTotalExpensesAmt0168731
IRS990/PYTotalRevenueAmt0180951
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt051195
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0462413
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0321359
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0372554
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0223389
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0257291
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt081
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt073
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0107
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0462413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0459402
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0474577
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0408054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0417258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02221704
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt081
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0415
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02221704
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0462413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0459402
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0474577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0408054
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0417258
IRS990ScheduleA/Total509Grp/TotalAmt02221704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0462494
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0459475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0474654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0408131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0417365
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02222119
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt030000
IRS990ScheduleI/RecipientTable/CashGrantAmt17500
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/CashGrantAmt38750
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3CONTRIBUTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NYU LANGONE MEDICAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MONTEFIORE MEDICAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ST JUDE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ENCOURAGE KIDS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0133971298
IRS990ScheduleI/RecipientTable/RecipientEIN1131740114
IRS990ScheduleI/RecipientTable/RecipientEIN2620646012
IRS990ScheduleI/RecipientTable/RecipientEIN3133442216
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0550 1ST AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1111 E 210TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2220 EAST 42ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31560 BROADWAY SUITE 600
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BRONX
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010016
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110467
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd210017
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd310036
IRS990ScheduleI/TotalOtherOrgCnt04
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS CAN BE OBTAINED BY MAIL REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Section SECTIONC3, Line 38
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0321359
IRS990/TotalAssetsEOYAmt0372554
IRS990/TotalAssetsGrp/BOYAmt0321359
IRS990/TotalAssetsGrp/EOYAmt0372554
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042884
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt096900
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139784
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0321359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0372554
IRS990/TotalProgramServiceExpensesAmt096900
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0190979
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0321359
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0372554
IRS990/TravelGrp/ManagementAndGeneralAmt01382
IRS990/TravelGrp/TotalAmt01382
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05 RAVEN DRIVE
IRS990/USAddress/CityNm0COMMACK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011725
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH RUTIGLIANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TORCH FOUNDATION LTD
ReturnHeader/Filer/BusinessNameControlTxt0TORC
ReturnHeader/Filer/EIN0133638911
ReturnHeader/Filer/PhoneNum06315438888
ReturnHeader/Filer/USAddress/AddressLine1Txt05 RAVEN DRIVE
ReturnHeader/Filer/USAddress/CityNm0COMMACK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011725
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07B00014A93C537DE9D07D7DFDACA68F09C5C0244
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07B00014A93C537DE9D07D7DFDACA68F09C5C0244
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.82.208.8
ReturnHeader/FilingSecurityInformation/IPDt02019-09-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:49:14
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GERARD NAPOLITANO CPA P C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02334 B Ralph Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011234
ReturnHeader/PreparerPersonGrp/PhoneNum07188372606
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gerard Napolitano
ReturnHeader/ReturnTs02019-09-16T11:28:35-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-11-01
ReturnHeader/TaxPeriodEndDt02018-10-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$372,554
Liabilities
$0
Net assets
$372,554
Revenue
$190,979
Expenses
$139,784
Net income
$51,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$0.10$3.09$0.79$1.54$0.75
2023Detailed filing. Detailed filing data is available for this year.$3.93$0.10$3.83$0.70$1.42$0.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.86$0.30$4.56$1.16$1.17$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.79$0.23$4.57$1.27$1.31$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$0.15$4.61$3.28$1.71$1.56
2018Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$1.91$1.40$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.00$3.21$1.81$1.69$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$1.58$1.71$0.13
2015Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$1.50$1.50$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$1.75$1.27$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$1.38$1.52$0.14
2012Summary only. Only limited summary data is available for this year.$2.88$0.00$2.88$0.61$0.94$0.33
2011Summary only. Only limited summary data is available for this year.$3.21$0.00$3.21$2.81$2.59$0.22