Civic Intelligence

Torch Trinity Foundation

990EZ • Fiscal year 2019 • EIN 27-1496712

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 05, 2019

451 W Lambert Rd Ste 217Brea, CA 92821

(714) 485-0805

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

5th percentile

-93%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

7th percentile

-59%

Faster asset growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

17th percentile

-31%

Faster revenue growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$10,537

Down $14,935 (-59%) from 2018

Net Assets

Down

$10,537

Down $14,935 (-59%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$16,100

Down $7,395 (-31%) from 2018

Expenses

Down

$31,035

Down $100,069 (-76%) from 2018

Net Income

Up

-$14,935

Up $92,674 (+86%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $149,261Net Assets 2013: $149,2612013Assets 2015: $117,647Net Assets 2015: $117,6472015Assets 2016: $71,443Net Assets 2016: $71,4432016Assets 2017: $133,081Net Assets 2017: $133,0812017Assets 2018: $25,472Net Assets 2018: $25,4722018Assets 2019: $10,537Net Assets 2019: $10,5372019Assets 2020: $15,121Net Assets 2020: $15,1212020Assets 2021: $19,228Net Assets 2021: $19,2282021Assets 2022: $23,513Net Assets 2022: $23,5132022Assets 2023: $26,033Net Assets 2023: $26,0332023Assets 2025: $2,552Net Assets 2025: $2,5522025

Highlighted filing

2019

Assets$10,537
Liabilities-
Net Assets$10,537

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2013: $96,000Expenses 2013: $101Net Income 2013: $95,8992013Revenue 2015: $35,100Expenses 2015: $28Net Income 2015: $35,0722015Revenue 2016: $56,900Expenses 2016: $103,105Net Income 2016: -$46,2052016Revenue 2017: $107,700Expenses 2017: $46,062Net Income 2017: $61,6382017Revenue 2018: $23,495Expenses 2018: $131,104Net Income 2018: -$107,6092018Revenue 2019: $16,100Expenses 2019: $31,035Net Income 2019: -$14,9352019Revenue 2020: $5,600Expenses 2020: $1,015Net Income 2020: $4,5852020Revenue 2021: $5,107Expenses 2021: $1,000Net Income 2021: $4,1072021Revenue 2022: $5,400Expenses 2022: $1,115Net Income 2022: $4,2852022Revenue 2023: $3,600Expenses 2023: $1,080Net Income 2023: $2,5202023Revenue 2025: $6,100Expenses 2025: $6,296Net Income 2025: -$1962025

Highlighted filing

2019

Revenue$16,100
Expenses$31,035
Net Income-$14,935
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$16,100
Mission and Program Overview

Mission

To support the education institute.

Program Services

DescriptionGrantsExpenses
TO SUPPORT THE EDUCATION INSTITUTE.-$30,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN PHILIP SONGCEOPT$0--
JONG YONG LEESecretaryPT$0--
JUNG SOOK LEECFOPT$0--
Filing and Contact Details

Filer

Filer Name
Torch Trinity Foundation
EIN
27-1496712
Phone
7144850805
Address
451 W LAMBERT RD STE 217, BREA, CA 92821

Signing Officer

Name
Jung Sook Lee
Title
CFO
Phone
7144850805
Signed
2019-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Sim & Kim Cpas
Address
451 W LAMBERT RD STE 217, BREA, CA 92821-3902
Preparer
Sang H Kim CPA
Phone
7144850805
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank service charge 35 contrubutions 30,000 total 30,035

Raw XML Appendix131 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0JONG YONG LEE
IRS990EZ/BooksInCareOfDetail/PhoneNum07144850805
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0451 W LAMBERT RD 217
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BREA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092821
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025472
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010537
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt016100
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14935
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025472
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010537
IRS990EZ/GrossReceiptsAmt016100
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025472
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010537
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025472
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010537
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JONG YONG LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JUNG SOOK LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt030035
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SUPPORT THE EDUCATION INSTITUTE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SUPPORT THE EDUCATION INSTITUTE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031035
IRS990EZ/TotalProgramServiceExpensesAmt030000
IRS990EZ/TotalRevenueAmt016100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt023495
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0107700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt056900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0239295
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0239295
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt023495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0107700
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt056900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt035100
IRS990ScheduleA/Total509Grp/TotalAmt0239295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt023495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0107700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt056900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt035100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0239295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGE 35 CONTRUBUTIONS 30,000 TOTAL 30,035
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUNG SOOK LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07144850805
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TORCH TRINITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TORC
ReturnHeader/Filer/EIN0271496712
ReturnHeader/Filer/PhoneNum07144850805
ReturnHeader/Filer/USAddress/AddressLine1Txt0451 W LAMBERT RD STE 217
ReturnHeader/Filer/USAddress/CityNm0BREA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092821
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.80.198.27
ReturnHeader/FilingSecurityInformation/IPDt02019-11-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm019:11:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202672446
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIM & KIM CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0451 W LAMBERT RD STE 217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0928213902
ReturnHeader/PreparerPersonGrp/PhoneNum07144850805
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANG H KIM CPA
ReturnHeader/ReturnTs02019-11-08T19:11:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings