Overview
What is The W R Torres Foundation For The Blind Inc?
The W R Torres Foundation For The Blind Inc, located in Silver Spring, Maryland, is a compact nonprofit organization dedicated to assisting individuals who are blind or visually impaired. Their mission revolves around offering innovative technology solutions and essential support services to empower these individuals in their daily lives. With a small team of just two employees, the foundation focuses on providing assisted computer technology, ensuring that the visually impaired community can stay connected and independent in the digital world. Their work is instrumental in enhancing the inclusivity and equal opportunities for those affected by visual impairments.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star Rating)
The W R Torres Foundation For The Blind Inc has received a low rating of 36% from Charity Navigator, indicating significant concerns related to accountability and financial management. The organization scored particularly poorly in several key metrics, including a lack of essential policies such as conflict of interest and whistleblower protections, which raises questions about governance and transparency.
Despite having a majority of independent board members, the overall size of the independent board is minimal, which could limit its effectiveness. Additionally, the organization shows a concerning liabilities-to-assets ratio of 180.11%, highlighting potential financial instability. While the foundation does have documented board meeting minutes and policies for document retention, the absence of other critical documentation, like a posted tax form on its website, detracts from its credibility.
On a more positive note, the organization has demonstrated no material diversion of assets and maintains a reasonable percentage of program expenses at 55.04%. However, the weaknesses identified in governance and financial management overshadow these strengths, emphasizing the need for improvement in organizational practices to ensure trust and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The W R Torres Foundation For The Blind Inc legitimate?
The W R Torres Foundation For The Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The W R Torres Foundation For The Blind Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,994
For more financial information, click here
What is the mission statement of The W R Torres Foundation For The Blind Inc?
The mission of The W R Torres Foundation For The Blind Inc. is centered around providing assistance in the realm of computer technology and various support services to individuals who are blind or visually impaired. This non-profit organization strives to empower these individuals by offering them the necessary tools and resources to navigate their daily lives more independently. By offering assisted computer technology, they aim to bridge the gap and ensure equal opportunities for this community.
Who is the CEO of The W R Torres Foundation For The Blind Inc?
Ancil Torres is the President of The W R Torres Foundation For The Blind Inc.
What is the revenue of The W R Torres Foundation For The Blind Inc?
The W R Torres Foundation For The Blind Inc's revenue in 2022 was $44,843.
Who are the executives of The W R Torres Foundation For The Blind Inc and what are their salaries?
The average compensation at The W R Torres Foundation For The Blind Inc during 2022 was $4,779. There are 2 employees and 3 volunteers at The W R Torres Foundation For The Blind Inc.
Here are 3 key members and their salaries:
- Compensation: $4,564
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The W R Torres Foundation For The Blind Inc?
The W R Torres Foundation For The Blind Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The W R Torres Foundation For The Blind Inc
The W.R. Torres Foundation for the Blind Inc is a nonprofit organization dedicated to providing assistive computer technology and various support services to individuals who are blind or visually impaired. Its mission is to empower these individuals by offering them the necessary tools and resources to navigate their daily lives more independently. By providing assistive computer technology, the foundation aims to enhance the accessibility of digital information and communications for individuals with visual impairments, enabling them to maintain their independence and participate fully in society. Additionally, the foundation offers various support services to cater to the unique needs of the visually impaired community, ensuring that they have the necessary resources to live fulfilling lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The W R Torres Foundation For The Blind Inc's impact is providing assisted computer technology and other support services to the blind and visually impaired. They aim to empower individuals in overcoming barriers related to their visual impairment by offering technological tools and assistance. Through their mission to provide these services, they contribute towards enhancing the quality of life and independence of the blind and visually impaired individuals they serve.
This information is meant to be a general summary of The W R Torres Foundation For The Blind Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $15,498
- Gross Receipts: $142,493
Assets and Liabilities:
- Total Assets: $21,360
- Total Liabilities: $38,472
- Net Assets: -$17,112
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2000
Phone
(202) 349-8486Principal Officer
Ancil Torres
Main Address
710 ROEDER RD APT 1100, Silver Spring, MD, 20910
NTEE Category
Code: Q21 - International
If you are a representative of The W R Torres Foundation For The Blind Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.