Torrey Project

Nonprofit profile at a glance

EIN
833302854
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024, Form 990-N 2022
Location
San Diego, CA, USA
Phone
8586995338
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Reported finances

Revenue
$31,915
Expenses
$11,406
Assets
$0
Liabilities
$190,900

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • David Ferran (President)

People named in this filing

  • Austin Gontang (Board Member)
  • Jamil Macneil (Board Member)
  • Linda Jordan (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization seeks to foster, develop, and advance the concept of conscious capitalism through educational and training activities and also to promote global acts of good deeds through promotion and support of charitable organizations and projects which embrace the seventeen (17) sustainable development goals adopted by all united nations member states in 2015. To accelerate the global adoption of a more conscious form of stakeholder-focused capitalism.

What it reported doing in 2024

The organization did not conduct fundraising or program activities during 2024. No contributions were solicited or received, and no program expenses were incurred. Only administrative expenses and expenses to close down activity were incurred.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 51
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 64.3%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -80.8% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -35.1% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -1.9% per year; rating input score 0; 32nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.