Civic Intelligence

The Torch Foundation

990EZ • Fiscal year 2017 • EIN 95-4816158

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 17, 2018

Organization ProfileN/A
5800 Hannum AveCulver City, CA 90230

(310) 773-7895

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

86th percentile

59%

Faster asset growth than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

742%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$245,235

Up $91,327 (+59%) from 2016

Net Assets

$245,235

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin91st percentile

Revenue

Up

$189,435

Up $166,924 (+742%) from 2016

Expenses

Down

$97,808

Down $25,775 (-21%) from 2016

Net Income

Up

$91,627

Up $192,699 (+191%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth86th 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

2017

Assets$245,235
Liabilities-
Net Assets$245,235
Open 2017 Filing

Operations Trend

Revenue Growth99th 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

2017

Revenue$189,435
Expenses$97,808
Net Income$91,627
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 17, 2018
Return Version
2017v2.2
Gross Receipts
$189,435
Mission and Program Overview

Mission

Transformational training for under-privileged

Program Services

DescriptionGrantsExpenses
CONDUCTED 15 SEPARATE TRAINING IN DOWNEY CA, FITCHBURG MA, TOLEDO, OH WORCHESTER, MA NEW BEDFORD MA, SAN DIEGO CA, FITCHBURG MA, SAN DIEGO CA, ANAHEIM CA, NEWBEDFORD MA, TOLEDO, OH WORCHESTER MA, FITCHBURG MA, NEW BEDFORD MA, WORCHESTER MA-$92,545
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGO MAJDOPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
The Torch Foundation
EIN
95-4816158
Phone
3107737895
Address
5800 HANNUM AVE, CULVER CITY, CA 90230

Signing Officer

Name
Margo Majdi
Title
CEO/president
Phone
3107737895
Signed
2018-04-17

Preparer

Firm
Integrity Tax and Notary Services
Address
16549 Leffingwell Rd, Whittier, CA 90603
Preparer
Barbara Dunagan
Phone
5622372005
Supplemental Narrative

Additional Explanations

Other

“Part i line 1 contributions was left off original return”

Other

“Correcting physical address”

Form 990EZ, Part I, Line 16

“TRAINING EXPENSE 80327.”

Form 990EZ, Part I, Line 16

“BANK FEES 70.”

Form 990EZ, Part I, Line 16

“INSURANCE 1435.”

Form 990EZ, Part I, Line 16

“MERCHANT FEES 621.”

Form 990EZ, Part I, Line 16

“FOOD FUNDRAISER 850.”

Form 990EZ, Part I, Line 16

“CLEANING FEE 250.”

Form 990EZ, Part I, Line 16

“QUICKBOOKS 200.”

Form 990EZ, Part I, Line 16

“TRAVEL 12218.”

Form 990EZ, Part I, Line 20

“Return check # 1591 -100000.”

Form 990EZ, Part I, Line 20

“Return check # 224 -1000.”

Raw XML Appendix161 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/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0MARGO MAJDO
IRS990EZ/BooksInCareOfDetail/PhoneNum03103013334
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01613 S GARTH AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090035
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0254236
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0245235
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0189435
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt091627
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0254608
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0245235
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0189435
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0254608
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0245235
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0254608
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0245235
IRS990EZ/OccupancyRentUtltsAndMaintAmt01001
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARGO MAJDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0372
IRS990EZ/OtherChangesInNetAssetsAmt0-101000
IRS990EZ/OtherExpensesTotalAmt095971
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TRANSFORMATIONAL TRAINING FOR UNDER-PRIVILEGED
IRS990EZ/PrintingPublicationsPostageAmt0836
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONDUCTED 15 SEPARATE TRAINING IN DOWNEY CA, FITCHBURG MA, TOLEDO, OH WORCHESTER, MA NEW BEDFORD MA, SAN DIEGO CA, FITCHBURG MA, SAN DIEGO CA, ANAHEIM CA, NEWBEDFORD MA, TOLEDO, OH WORCHESTER MA, FITCHBURG MA, NEW BEDFORD MA, WORCHESTER MA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt092545
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt097808
IRS990EZ/TotalProgramServiceExpensesAmt092545
IRS990EZ/TotalRevenueAmt0189435
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt092868
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0192868
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt086716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0122485
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0120515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt086672
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0416388
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt036
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.53680
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0223520
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt092868
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0192868
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt086716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0122485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0120515
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt086672
IRS990ScheduleA/Total509Grp/TotalAmt0416388
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0416424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART I LINE 1 CONTRIBUTIONS WAS LEFT OFF ORIGINAL RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CORRECTING PHYSICAL ADDRESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAINING EXPENSE 80327.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK FEES 70.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE 1435.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MERCHANT FEES 621.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FOOD FUNDRAISER 850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CLEANING FEE 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8QUICKBOOKS 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRAVEL 12218.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10RETURN CHECK # 1591 -100000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11RETURN CHECK # 224 -1000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 20
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGO MAJDI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03107737895
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TORCH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TORC
ReturnHeader/Filer/EIN0954816158
ReturnHeader/Filer/PhoneNum03107737895
ReturnHeader/Filer/USAddress/AddressLine1Txt05800 HANNUM AVE
ReturnHeader/Filer/USAddress/CityNm0CULVER CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090230
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AFB86E94B0F86B950DD1C22AF75E3C6D8E4814E3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AFB86E94B0F86B950DD1C22AF75E3C6D8E4814E3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt035.129.80.27
ReturnHeader/FilingSecurityInformation/IPDt02019-08-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm013:15:19
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Integrity Tax and Notary Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016549 Leffingwell Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Whittier
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090603
ReturnHeader/PreparerPersonGrp/PhoneNum05622372005
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA DUNAGAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-08-16T13:15:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$245,235
Liabilities
-
Net assets
$245,235
Revenue
$189,435
Expenses
$97,808
Net income
$91,627
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