Ives Torres Foundation FY2023 filing

Tax-deductible

Corona, CA501(c)(3)Arts & CultureEIN 85-2410079Revenue $189K in FY2023

On file with the IRSivestorresfoundation.org4703 Valley Glen Dr, 92878-3885 · Corona, CATax-exempt since Jan 2021Publicly supported — 509(a)(2)

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Our organization is designed to develop programs aligned to our purpose 1-acceptance inclusion awareness and a continuous support to all disable participants and their families 2-minimize and eliminate disparity on services and support to spanish speaking families dealing with family member (s) with intellectual disability

501(c)(3) charity; gifts are tax-deductible.
$54K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $18K a year · 10% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Pay to officers and key staff
$54K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
1
named funder · $11K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$189K
×16 vs prior year
Net assets
$68K
By yearFY2020–FY2025
Revenue
$189K
FY2023▲ ×16
Tap a bar for its year
Revenue by fiscal year
FY2020$6K
FY2021$2K
FY2022$12K
FY2023$189K
FY2024$313K
FY2025$219K
Expenses
—
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020$6K
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$282K
FY2025$195K
Net assets
$68K
FY2023▲ ×11
Tap a bar for its year
Net assets by fiscal year
FY2020$0
FY2021$1K
FY2022$6K
FY2023$68K
FY2024$99K
FY2025$118K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990-EZ; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation
Co-Director
$34,500Pt VII · Sec A
$19,400Pt VII · Sec A

Isa Torres’s $57K as Director is at the 51st percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023
Isa Torres$56,848$67,826$34,500
Javier Torres$27,684$43,634$19,400
Araceli Gil—$32,463—
Alejandra Renteria—$20,160—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Promotes acceptance, inclusion, and support for individuals with disabilities and their families, especially Spanish-speaking ones.

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Provided by the organization

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1 program · $517 · in their own filed words · FY2020
01

Our organization is designed to develop programs aligned to our purpose 1-ACCEPTANCE, inclusion, awareness and a continuous support to all disable participants and their families 2-MINIMIZE and eliminate disparity on services and support to spanis

$517program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$11K

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$189K
Other income$189K
Owns and owes
$68K
net assets
Liabilities$6K
People
2
listed
Paid2
2In more detail
Revenue in detail
Other income$189K
Total revenue$189K
Assets in detailEnd of year
Liabilities$6K
Net assets$68K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $219K$195K$24K$118K 990 PDF
FY2024 $313K$282K$31K$99K 990 PDF
FY2023 Viewing $189K$68K 990 PDF
FY2022 $12K$6K 990 PDF
FY2021 $2K$1K 990 PDF
FY2020 $6K$6K$44$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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