Torrance Police Foundation

Organization Overview

Torrance Police Foundation is located in Torrance, CA. The organization was established in 2016. According to its NTEE Classification (M11) the organization is classified as: Single Organization Support, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torrance Police Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Torrance Police Foundation generated $138.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $77.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (14.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE RESOURCES AND SUPPORT TO THE TORRANCE POLICE DEPARTMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ARE PRESENTED BY THE POLICE DEPARTMENT TO THE BOARD AND, WHEN APPROVED, PRESENTED TO THE CITY OF TORRANCE FOR THE SPECIFIC USE OF THE POLICE DEPARTMENT. GRANTS PRESENTED ARE FOR TRAINING, EQUIPMENT, OR MATERIALS NOT NORMALLY PART OF A CITIES BUDGET BUT WHICH BETTER ENABLE THE DEPARTMENT TO PROTECT AND SERVE THE COMMUNITY. WE WORK CLOSELY WITH THE CHIEF OF POLICE AND COMMAND STAFF TO UNDERSTAND DEPARTMENT NEEDS AND PRIORITIES AND ENSURE A TRANSPARENT, FAIR AND APPROPRIATE ALLOCATION OF GRANT FUNDS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Vanlingen
Vice Chair & Secretary
$0
Hank Parker
Treasurer & Immediate Past
$0
Jack Messerlian
Chairman
$0
Ralph Moore
Board Member
$0
Miki Otsuka
Board Member
$0
Jennifer L Olvera
Board Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$136,667
Investment income $1,811
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $138,478

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