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Nonprofit · EIN 91-1939909

MARK TORRANCE FOUNDATION

Tax-exempt · SEATTLE, WA 98103

Financials

$517K$856K2023$1M$942K2024
Revenue Expenses · by fiscal year end
Financials of MARK TORRANCE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,048,719$941,589$107,130$11,231,667$631$11,231,036
December 31, 2023990-PF$517,192$856,179-$338,987$11,130,841$6,935$11,123,906
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$359,154
Net gain from sales of assets
$684,662
Other income
$4,903

Expenses

Grants and similar amounts paid
$820,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$825,025
Excise tax on investment income
$13,138

Balance sheet and other

Total assets, start of year
$11,130,841
Total assets, end of year
$11,231,667
Total liabilities, end of year
$631
Net assets, end of year
$11,231,036
Fair market value of assets
$16,213,990
Qualifying distributions
$825,025
Net investment income
$1,048,719

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARK TORRANCE
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
PRESIDENT, DIRECTOR0.5$0
DANA BASS SOLOMON
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
CHRIS BIRKELAND
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
MICHAEL MATHIEU
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
PAUL OKNER
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
KARIN CIRILLO
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
OFFICER, SECRETARY5$0
RICHARD BURKHARDT
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
TREASURER3$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KARIN CIRILLO
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
OFFICER, SECRETARY5$28,736
RICHARD BURKHARDT
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
TREASURER3$6,865
MARK TORRANCE
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
PRESIDENT, DIRECTOR0.5$0
DANA BASS SOLOMON
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
CHRIS BIRKELAND
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
MICHAEL MATHIEU
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0
PAUL OKNER
712 NORTH 34TH STREET SUITE 200, SEATTLE, WA 98103
DIRECTOR0.5$0

Address and contacts

Address (IRS master file)
712 N 34TH ST STE 200, SEATTLE, WA 98103-8867
Signed the 990-PF
MARK TORRANCE, PRESIDENT
Phone
(206) 229-9043
Return prepared by
ANDERSEN TAX 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
91-1939909
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
2001
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$11,231,667
Income (IRS master file)
$4,411,347

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,048,719$941,589$11,231,667XML
990-PFDecember 2023$517,192$856,179$11,130,841XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 91-1939909).

Questions about MARK TORRANCE FOUNDATION

What is the EIN of MARK TORRANCE FOUNDATION?
The employer identification number (EIN) of MARK TORRANCE FOUNDATION is 91-1939909.
Is MARK TORRANCE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to MARK TORRANCE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARK TORRANCE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MARK TORRANCE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARK TORRANCE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MARK TORRANCE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MARK TORRANCE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,048,719, expenses of $941,589 and total assets of $11,231,667 at year end.

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