THE TORCH FOUNDATION LTD (EIN 133638911) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

JOSEPH RUTIGLIANO

Phone

6315438888

Tax Period

2023-11-01 to 2024-10-31

THE TORCH FOUNDATION LTD, founded in 1991, is a micro nonprofit in the Human Services sector that reported $79K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $154K exceeded revenue, resulting in a 94% operating deficit.

Mission

THE TORCH FOUNDATION LTD IS A NONPROFIT ORGANIZATION WITHIN THE REAL ESTATE, DESIGN AND CONSTRUCTION COMMUNITY ESTABLISHED TO GIVE SOMETHING BACK TO OUR INDUSTRY AND THE CHILDREN OF OUR SOCIETY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $9,212

Other Revenue $70,217

TOTAL REVENUE $79,429

Expense Breakdown

Grants Paid $104,490

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,490

Other Expenses $49,884

TOTAL EXPENSES $154,374

Year-over-Year Comparison

	2023	2022	Change
Revenue	$79,429	$69,520	+0.1%
Expenses	$154,374	$142,069	+0.1%
Net Income	$-74,945	$-72,549	+0.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH RUTIGLIANO	PRESIDENT	7.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$79,429	$154,374	$318,520	$-74,945
2023	$69,520	$142,069	$393,465	$-72,549
2022	$115,667	$116,515	$486,014	$-848
2021	$126,879	$130,594	$479,362	$-3,715
2020	$327,595	$171,307	$475,577	$156,288
2018	$190,979	$139,784	$372,554	$51,195

THE TORCH FOUNDATION LTD