Robert H Torstenson Family Foundation
Only null% goes to programs Strong reserves Declining revenue
Robert H Torstenson Family Foundation is a 501(c)(3) organization based in Rockford, Illinois, registered in 2002, with $64,497 in FY2024 revenue. CharityIndex grades it C+.
2902 Mcfarland Rd Ste 400, Rockford, IL, 61107 EIN 61-1418226 Since 2002
Revenue (FY2024)
$64K
▼ 42.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$60K
Net assets
$1.0M
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 Robert H Torstenson Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating207 mo reserves · +8% 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 Robert H Torstenson Family Foundation: 207 mo reserves · +8% margin earns a B+ 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 Robert H Torstenson Family 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 Robert H Torstenson Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2902 Mcfarland Rd Ste 400, Rockford, IL, 61107
- City
- Rockford
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $30K (FY2013) to $64K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $64,497▼42.4% | $59,599▼7.9% | $1,027,431▲0.5% | $1,027,431▲0.5% | 990PF |
| 2023 | $111,880▲165% | $64,700▼2.7% | $1,022,533▲4.8% | $1,022,533▲4.8% | 990PF |
| 2022 | $42,145▼78.2% | $66,521▼0.3% | $975,353▼2.4% | $975,353▼2.4% | 990PF |
| 2021 | $193,356▲216% | $66,704▲9.6% | $999,729▲14.5% | $999,729▲14.5% | 990PF |
| 2020 | $61,258▼47.1% | $60,877▲5.2% | $873,077 | $873,077 | 990PF |
| 2019 | $115,752▲102% | $57,850▲33.7% | $872,696▲7.1% | $872,696▲7.1% | 990PF |
| 2018 | $57,244▼6.3% | $43,270▲8.4% | $814,794▲1.7% | $814,794▲1.7% | 990PF |
| 2017 | $61,106▲71.3% | $39,907▼53.1% | $800,820▲2.7% | $800,820▲2.7% | 990PF |
| 2016 | $35,681▲319% | $85,008▲534% | $779,621▼6.0% | $779,621▼6.2% | 990PF |
| 2015 | $8,522▼86.7% | $13,408▼66.9% | $828,948▼0.6% | $831,048▼0.3% | 990PF |
| 2014 | $63,929▲114% | $40,530▲5.2% | $833,834▲2.9% | $833,834▲2.9% | 990PF |
| 2013 | $29,929 | $38,521▲17.2% | $810,435▼1.0% | $810,435▼1.0% | 990PF |
| 2012 | — | $32,875▼12.2% | $819,027▼1.9% | $819,027▼1.9% | 990PF |
| 2011 | — | $37,428 | $834,793 | $834,793 | 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.
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Frequently asked questions
- Is Robert H Torstenson Family Foundation a legitimate nonprofit?
- Yes. Robert H Torstenson Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1418226, based in Rockford, Illinois. Donations are tax-deductible.
- What is Robert H Torstenson Family Foundation's EIN?
- Robert H Torstenson Family Foundation's Employer Identification Number (EIN) is 61-1418226.
- How much revenue does Robert H Torstenson Family Foundation report?
- Robert H Torstenson Family Foundation reported $64,497 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Robert H Torstenson Family Foundation have?
- CharityIndex grades Robert H Torstenson Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Robert H Torstenson Family Foundation (EIN 61-1418226) 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.