Civic Intelligence

Ives Torres Foundation

990EZ • Fiscal year 2023 • EIN 85-2410079

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 20, 2024

4703 Valley Glen DrCorona, CA 92878

(951) 737-0951

Siviq Scores

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

Liabilities / Assets

78th percentile

0.08x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$34,500

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

99th percentile

1083%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

1541%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$74,090

Up $67,825 (+1083%) from 2022

Net Assets

Up

$68,148

Up $61,883 (+988%) from 2022

Liabilities

Up

$5,942

Up $5,942 from 2022

Revenue

Up

$189,400

Up $177,859 (+1541%) from 2022

Expenses

Up

$127,517

Up $122,241 (+2317%) from 2022

Net Income

Up

$61,883

Up $55,618 (+888%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1,212Liabilities 2021: $0Net Assets 2021: $1,2122021Assets 2022: $6,265Liabilities 2022: $0Net Assets 2022: $6,2652022Assets 2023: $74,090Liabilities 2023: $5,942Net Assets 2023: $68,1482023Assets 2024: $103,593Liabilities 2024: $4,616Net Assets 2024: $98,9772024Assets 2025: $117,509Liabilities 2025: $0Net Assets 2025: $117,5092025

Highlighted filing

2023

Assets$74,090
Liabilities$5,942
Net Assets$68,148

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2020: $5,561Expenses 2020: $5,517Net Income 2020: $442020Revenue 2021: $1,573Expenses 2021: $361Net Income 2021: $1,2122021Revenue 2022: $11,541Expenses 2022: $5,276Net Income 2022: $6,2652022Revenue 2023: $189,400Expenses 2023: $127,517Net Income 2023: $61,8832023Revenue 2024: $312,816Expenses 2024: $281,987Net Income 2024: $30,8292024Revenue 2025: $218,880Expenses 2025: $195,307Net Income 2025: $23,5732025

Highlighted filing

2023

Revenue$189,400
Expenses$127,517
Net Income$61,883
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 20, 2024
Return Version
2023v5.0
Gross Receipts
$189,400
Mission and Program Overview

Mission

To create and provide inclusive support for hispanic families and individuals with intellectual and developmental disabilities in special education and services. Through promoting activities and events, we aim to reduce inequity and champion inclusion, participation, and support networks.

To improve the lives of individuals with disabilities while providing the knowledge and resources to self-advocate.

Program Services

DescriptionGrantsExpenses
TO IMPROVE THE LIVES OF INDIVIDUALS WITH DISABILITIES WHILE PROVIDING THE KNOWLEDGE AND RESOURCES TO SELF-ADVOCATE.$0$70,765
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ISA TORRESCo-DirectorFT$34,500-$34,500
JAVIER TORRESDirectorFT$19,400-$19,400
Filing and Contact Details

Filer

Filer Name
Ives Torres Foundation
EIN
85-2410079
Phone
9517370951
Address
4703 VALLEY GLEN DR, CORONA, CA 92878

Signing Officer

Name
Javier Torres
Title
Director
Phone
9517370951
Signed
2024-03-20
Discuss with paid preparer
Yes

Preparer

Firm
William J Healey Iii CPA
Address
POST OFFICE BOX 2219, RANCHO MIRAGE, CA 92270
Preparer
William J Healey Iii CPA
Phone
7603202107
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: in-kind donation. Amount: 8,000.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 5,775. Description: other expenses. Amount: 6,200. Total to form 990-ez, line 14: 11,975.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: program expenses. Amount: 5,545. Description: in-kind gifts/expenses. Amount: 8,000. Description: accounting. Amount: 2,203. Description: advertising. Amount: 2,216. Description: insurance. Amount: 1,198. Description: bank fees. Amount: 2. Description: small tools and equipment. Amount: 557. Description: memberships. Amount: 75. Description: telephone. Amount: 1,478. Description: internet/it. Amount: 1,930. Description: pr taxes. Amount: 6,716. Description: pr service fees. Amount: 775. Description: fundraising expenses. Amount: 8,827. Total to form 990-ez, line 16: 39,522.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 905.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: checks in transit. Beg. Of year amount: 0. End of year amount: 5,942.

Raw XML Appendix147 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/BusinessName/BusinessNameLine1Txt0JAVIER TORRES
IRS990EZ/BooksInCareOfDetail/PhoneNum09517370951
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04703 VALLEY GLEN DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORONA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092878
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IRS990EZ/GrossReceiptsAmt0189400
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IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06265
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06265
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt068148
IRS990EZ/OccupancyRentUtltsAndMaintAmt011975
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt140.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt019400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt134500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAVIER TORRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ISA TORRES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-DIRECTOR
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IRS990EZ/OtherRevenueTotalAmt08000
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt070765
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011541
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01573
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0202514
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: IN-KIND DONATION. AMOUNT: 8,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 5,775. DESCRIPTION: OTHER EXPENSES. AMOUNT: 6,200. TOTAL TO FORM 990-EZ, LINE 14: 11,975.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 5,545. DESCRIPTION: IN-KIND GIFTS/EXPENSES. AMOUNT: 8,000. DESCRIPTION: ACCOUNTING. AMOUNT: 2,203. DESCRIPTION: ADVERTISING. AMOUNT: 2,216. DESCRIPTION: INSURANCE. AMOUNT: 1,198. DESCRIPTION: BANK FEES. AMOUNT: 2. DESCRIPTION: SMALL TOOLS AND EQUIPMENT. AMOUNT: 557. DESCRIPTION: MEMBERSHIPS. AMOUNT: 75. DESCRIPTION: TELEPHONE. AMOUNT: 1,478. DESCRIPTION: INTERNET/IT. AMOUNT: 1,930. DESCRIPTION: PR TAXES. AMOUNT: 6,716. DESCRIPTION: PR SERVICE FEES. AMOUNT: 775. DESCRIPTION: FUNDRAISING EXPENSES. AMOUNT: 8,827. TOTAL TO FORM 990-EZ, LINE 16: 39,522.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 905.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: CHECKS IN TRANSIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,942.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAVIER TORRES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09517370951
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IVES TORRES FOUNDATION
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ReturnHeader/Filer/EIN0852410079
ReturnHeader/Filer/PhoneNum09517370951
ReturnHeader/Filer/USAddress/AddressLine1Txt04703 VALLEY GLEN DR
ReturnHeader/Filer/USAddress/CityNm0CORONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092878
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0542108500
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RANCHO MIRAGE
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ReturnHeader/PreparerPersonGrp/PhoneNum07603202107
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM J HEALEY III CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-03-20T17:41:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAVIER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TORRES
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings