THE W R TORRES FOUNDATION FOR THE BLIND INC

EIN: 522196534 501(c)(3) International Affairs

Silver Spring, MD

Total Revenue
$44,843
Total Expenses
$43,312
Total Assets
$21,360
Net Assets
$-17,112
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
DC
Phone
2023498486
Tax Period
2021-07-01 to 2022-06-30

THE W R TORRES FOUNDATION FOR THE BLIND INC, founded in 2000, is a micro nonprofit in the International Affairs sector that reported $45K in total revenue in fiscal year 2021. Revenue decreased 18% compared to the prior year. Expenses of $43K left a modest 3% surplus.

Mission

Provide assistive computer technology and other support services to the blind and visually impaired.

Program Service Accomplishments

Program 1
Expenses: $32,526 Revenue: $15,498

TO PROVIDE ASSISTED COMPUTER TECHNOLOGY AND OTHER SUPPORT SERVICES TO THE BLIND AND VISUALLY IMPAIRED.

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Trantor Score

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

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $7,599
Program Service Revenue $15,498
Investment Income $0
Other Revenue $21,746
TOTAL REVENUE $44,843

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $13,017
Fundraising Expenses $0
Program Expenses $32,526
Other Expenses $18,295
TOTAL EXPENSES $43,312

Year-over-Year Comparison

2021 2020 Change
Revenue $44,843 $54,682 -0.2%
Expenses $43,312 $57,631 -0.2%
Net Income $1,531 $-2,949 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
3
Independent Members
2
Employees
2
Volunteers
3

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
3
$4,564
Total Directors
1
$4,564
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANCIL TORRES PRESIDENT 40
Officer Director
$4,564 $0 $4,564
ALLISON QUESTEL TREASURER 5
Officer
$0 $0 $0
JOAN BASALIK SECRETARY 1
Officer
$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
2025 No data No data No data No data
2022 $44,843 $43,312 $21,360 $1,531
2021 $54,682 $57,631 $44,947 $-2,949
2020 $67,136 $66,104 $40,039 $1,032
2019 $46,392 $60,064 $23,041 $-13,672
2018 $102,350 $127,232 $50,225 $-24,882
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