Nonprofit · EIN 20-4004024
TORRAS FOUNDATION INC
Tax-exempt (reinstated) · BRUNSWICK, GA 31520
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $44,120 | $44,016 | $104 | $1,014,406 | $0 | $1,014,406 |
| December 31, 2024 | 990-PF | $72,042 | $76,201 | -$4,159 | $1,014,302 | $0 | $1,014,302 |
| December 31, 2023 | 990-PF | -$5,057 | $54,309 | -$59,366 | $1,018,461 | $0 | $1,018,461 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $28,196
- Interest
- $15,924
Expenses
- Grants and similar amounts paid
- $39,850
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $43,216
- Excise tax on investment income
- $602
Balance sheet and other
- Total assets, start of year
- $1,014,302
- Total assets, end of year
- $1,014,406
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,014,406
- Fair market value of assets
- $1,014,406
- Qualifying distributions
- $43,216
- Net investment income
- $44,120
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBORAH J TORRAS P O BOX 48, LEXINGTON, GA 30648 | PRESIDENT | 0 | $0 |
| J BRIAN TORRAS 4750 SUMMERWOOD DRIVE, MABLETON, GA 30126 | VICE PRESIDENT | 0 | $0 |
| ROBERT MICHAEL TORRAS 105 MEADOW BROOK, SAINT SIMONS ISLAND, GA 31522 | DIRECTOR | 0 | $0 |
| ROBERT M TORRAS JR 505 HOLLY ST, SAINT SIMONS ISLAND, GA 31522 | DIRECTOR | 0 | $0 |
| DAREN PIETSCH 777 GLOUCESTER ST SUITE 102, BRUNSWICK, GA 31520 | SECRETARY | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBORAH J TORRAS P O BOX 48, LEXINGTON, GA 30648 | PRESIDENT | 0 | $0 |
| J BRIAN TORRAS 4750 SUMMERWOOD DRIVE, MABLETON, GA 30126 | VICE PRESIDENT | 0 | $0 |
| ROBERT MICHAEL TORRAS 105 MEADOW BROOK, SAINT SIMONS ISLAND, GA 31522 | DIRECTOR | 0 | $0 |
| ROBERT M TORRAS JR 505 HOLLY ST, SAINT SIMONS ISLAND, GA 31522 | DIRECTOR | 0 | $0 |
| DAREN PIETSCH 777 GLOUCESTER ST SUITE 102, BRUNSWICK, GA 31520 | SECRETARY | 0 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C ERIC TILLER JR P O BOX 768, DARIEN, GA 31305 | TREASURER | 0 | $0 |
| DEBORAH J TORRAS P O BOX 48, LEXINGTON, GA 30648 | PRESIDENT | 0 | $0 |
| J BRIAN TORRAS 4750 SUMMERWOOD DRIVE, MABLETON, GA 30126 | VICE PRESIDENT | 0 | $0 |
| ROBERT MICHAEL TORRAS 105 MEADOW BROOK, SAINT SIMONS ISLAND, GA 31522 | DIRECTOR | 0 | $0 |
| ROBERT M TORRAS JR 505 HOLLY ST, SAINT SIMONS ISLAND, GA 31522 | DIRECTOR | 0 | $0 |
| DAREN PIETSCH 777 GLOUCESTER ST SUITE 102, BRUNSWICK, GA 31520 | SECRETARY | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 777 GLOUCESTER ST STE 102, BRUNSWICK, GA 31520-7066
- In care of
- % ROBERT M TORRAS SR
- Signed the 990-PF
- MICHAEL TORRAS, DIRECTOR
- Phone
- (912) 437-2536
- Return prepared by
- ARMANINO ADVISORY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-4004024
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,014,406
- Income (IRS master file)
- $44,120
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- September 30, 2018
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $44,120 | $44,016 | $1,014,406 | XML |
| 990-PF | December 2024 | $72,042 | $76,201 | $1,014,302 | XML |
| 990-PF | December 2023 | -$5,057 | $54,309 | $1,018,461 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4004024).
Questions about TORRAS FOUNDATION INC
- What is the EIN of TORRAS FOUNDATION INC?
- The employer identification number (EIN) of TORRAS FOUNDATION INC is 20-4004024.
- Is TORRAS FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to TORRAS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TORRAS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TORRAS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TORRAS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of TORRAS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does TORRAS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $44,120, expenses of $44,016 and total assets of $1,014,406 at year end.
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