Francis P Torino Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Francis P Torino Foundation is a 501(c)(3) organization based in Torrance, California, registered in 1987, with $288,469 in FY2023 revenue. CharityIndex grades it C.
24050 Madison St Ste 101, Torrance, CA, 90505 EIN 33-0219408 Since 1987
Revenue (FY2023)
$288K
▲ 39.3% vs prior year
Expenses (FY2023)
$353K
Net assets
$4.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Francis P Torino Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating159 mo reserves · -23% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Francis P Torino Foundation: 159 mo reserves · -23% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Francis P Torino Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Francis P Torino Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 24050 Madison St Ste 101, Torrance, CA, 90505
- City
- Torrance
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $337K (FY2014) to $288K (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.7M
Operating margin
-22.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$0
Net assets
$4.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $288,469▲39.3% | $353,451▼0.7% | $4,672,951▲5.7% | $4,672,951▲5.7% | 990PF |
| 2022 | $207,016▼69.9% | $355,769▼1.3% | $4,419,359▼4.6% | $4,419,359▼4.6% | 990PF |
| 2021 | $687,392▲63.7% | $360,307▲0.2% | $4,633,872▲7.6% | $4,633,872▲7.6% | 990PF |
| 2020 | $419,827▲15.4% | $359,421▲6.7% | $4,306,787▲1.4% | $4,306,787▲1.4% | 990PF |
| 2019 | $363,661▲20.2% | $336,710▲0.1% | $4,246,381▲0.6% | $4,246,381▲0.6% | 990PF |
| 2018 | $302,508▼42.1% | $336,355▼0.9% | $4,219,430▼0.8% | $4,219,430▼0.8% | 990PF |
| 2017 | $522,528▲64.0% | $339,291▲0.4% | $4,253,277▲4.5% | $4,253,277▲4.5% | 990PF |
| 2016 | $318,545▲20.9% | $337,856▼5.1% | $4,070,040▼0.5% | $4,070,040▼0.5% | 990PF |
| 2015 | $263,555▼21.7% | $355,919▲0.4% | $4,089,351▼5.7% | $4,089,351▼5.7% | 990PF |
| 2014 | $336,700 | $354,568 | $4,334,302 | $4,334,302 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Francis P Torino Foundation a legitimate nonprofit?
- Yes. Francis P Torino Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 33-0219408, based in Torrance, California. Donations are tax-deductible.
- What is Francis P Torino Foundation's EIN?
- Francis P Torino Foundation's Employer Identification Number (EIN) is 33-0219408.
- How much revenue does Francis P Torino Foundation report?
- Francis P Torino Foundation reported $288,469 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Francis P Torino Foundation have?
- CharityIndex grades Francis P Torino Foundation C, based on financial health (reserves and operating margin).
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Data for Francis P Torino Foundation (EIN 33-0219408) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.