Civic Intelligence

The Torch Foundation

990EZ • Fiscal year 2014 • EIN 95-4816158

Jan 01, 2014 to Dec 31, 2014 • Filed on May 18, 2015

Organization ProfileN/A
13763 Fiji WayMarina Del Rey, CA 90292

(310) 301-3334

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 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

98th percentile

636%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

100th percentile

3541%

Faster revenue growth than 100% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$86,672

Up $74,892 (+636%) from 2013

Net Assets

$86,672

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Up

$75,779

Up $73,698 (+3541%) from 2013

Expenses

Down

$887

Down $2,309 (-72%) from 2013

Net Income

Up

$74,892

Up $76,007 (+6817%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $12,895Liabilities 2012: $02012Assets 2013: $11,780Liabilities 2013: $02013Assets 2014: $86,672Net Assets 2014: $86,6722014Assets 2015: $155,129Liabilities 2015: $1492015Assets 2016: $153,908Liabilities 2016: $02016Assets 2017: $245,235Net Assets 2017: $245,2352017Assets 2018: $327,692Net Assets 2018: $327,6922018Assets 2019: $275,296Net Assets 2019: $275,2962019Assets 2020: $2,774,555Liabilities 2020: $17,327Net Assets 2020: $2,757,2282020Assets 2021: $5,221,066Liabilities 2021: $600Net Assets 2021: $5,220,4662021Assets 2022: $4,949,901Liabilities 2022: $0Net Assets 2022: $4,949,9012022Assets 2023: $4,916,076Liabilities 2023: $12,400Net Assets 2023: $4,903,6762023

Highlighted filing

2014

Assets$86,672
Liabilities-
Net Assets$86,672
Open 2014 Filing

Operations Trend

Revenue Growth100th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $10,770Expenses 2012: $14,856Net Income 2012: -$4,0862012Revenue 2013: $2,081Expenses 2013: $3,196Net Income 2013: -$1,1152013Revenue 2014: $75,779Expenses 2014: $887Net Income 2014: $74,8922014Revenue 2015: $27,667Expenses 2015: $52,227Net Income 2015: -$24,5602015Revenue 2016: $22,511Expenses 2016: $123,583Net Income 2016: -$101,0722016Revenue 2017: $189,435Expenses 2017: $97,808Net Income 2017: $91,6272017Revenue 2018: $157,442Expenses 2018: $74,985Net Income 2018: $82,4572018Revenue 2019: $175,533Expenses 2019: $227,929Net Income 2019: -$52,3962019Revenue 2020: $2,723,342Expenses 2020: $239,967Net Income 2020: $2,483,3752020Revenue 2021: $2,912,332Expenses 2021: $297,665Net Income 2021: $2,614,6672021Revenue 2022: $257,013Expenses 2022: $508,498Net Income 2022: -$251,4852022Revenue 2023: $162,480Expenses 2023: $485,675Net Income 2023: -$323,1952023

Highlighted filing

2014

Revenue$75,779
Expenses$887
Net Income$74,892
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 18, 2015
Return Version
2014v5.0
Gross Receipts
$75,779
Mission and Program Overview

Mission

Transformational training for under-privileged

Train and mentor at risk teens from low income, underserved neighborhoods throughout california.

Program Services

DescriptionGrantsExpenses
TRAIN AND MENTOR AT RISK TEENS AND THEIR FAMILIES.$887-
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP ESWEINCFO-$0--
MARGO MAJDICEO & President-$0--
Filing and Contact Details

Filer

Filer Name
The Torch Foundation
EIN
95-4816158
Address
13763 FIJI WAY, MARINA DEL REY, CA 90292

Signing Officer

Name
Margo Majdi
Title
CEO & President
Signed
2015-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Karla Dennis & Associates Inc
Address
4 Centerpointe Dr Suite 120, La Palma, CA 90623-1074
Preparer
Marco Huizar
Phone
7142525822
Supplemental Narrative

Additional Explanations

Other Expenses.1

“TELEPHONE $848”

Other Expenses.2

“BANK CHARGES $39”

Raw XML Appendix121 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PHILIP ESWEIN
IRS990EZ/BooksInCareOfDetail/PhoneNum03103013334
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt013763 FIJI WAY STE E4
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MARINA DEL REY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090292
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011780
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt086672
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt075779
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt074892
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011780
IRS990EZ/Form990TotalAssetsGrp/EOYAmt086672
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt075779
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011780
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086672
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011780
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086672
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP ESWEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARGO MAJDI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO & PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0887
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TRAIN AND MENTOR AT RISK TEENS FROM LOW INCOME, UNDERSERVED NEIGHBORHOODS THROUGHOUT CALIFORNIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TRAIN AND MENTOR AT RISK TEENS AND THEIR FAMILIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0887
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0887
IRS990EZ/TotalProgramServiceExpensesAmt0887
IRS990EZ/TotalRevenueAmt075779
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02081
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0176739
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0176739
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075779
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02081
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052964
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0176739
IRS990ScheduleA/TotalSupportAmt0176739
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TELEPHONE $848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $39
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGO MAJDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO & PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TORCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TORC
ReturnHeader/Filer/EIN0954816158
ReturnHeader/Filer/USAddress/AddressLine1Txt013763 FIJI WAY
ReturnHeader/Filer/USAddress/CityNm0MARINA DEL REY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090292
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Karla Dennis & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04 Centerpointe Dr Suite 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Palma
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0906231074
ReturnHeader/PreparerPersonGrp/PhoneNum07142525822
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marco Huizar
ReturnHeader/ReturnTs02015-05-18T08:48:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$86,672
Liabilities
-
Net assets
$86,672
Revenue
$75,779
Expenses
$887
Net income
$74,892
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.92$0.01$4.90$0.16$0.49$0.32
2022Detailed filing. Detailed filing data is available for this year.$4.95$0.00$4.95$0.26$0.51$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.00$5.22$2.91$0.30$2.61
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.02$2.76$2.72$0.24$2.48
2019Detailed filing. Detailed filing data is available for this year.$0.28$0.28$0.18$0.23$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.33$0.16$0.07$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.19$0.10$0.09
2016Summary only. Only limited summary data is available for this year.$0.15$0.00$0.02$0.12$0.10
2015Summary only. Only limited summary data is available for this year.$0.16$0.00$0.03$0.05$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.08$0.00$0.07
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.01$0.00