Recreation & Sports
(N52)
IRS Verified
DX Registered
990 on File
TORRANCE ROSE FLOAT ASSOCIATION INC
Financial strength (30%)
58/100
Reliability (20%)
50/100
Effectiveness (25%)
33/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Torrance Rose Float Association is to preserve the tradition of delivering joy, beauty and pageantry from our hometown to people across the globe through participation in the Pasadena Tournament of Roses Parade on New Year’s Day, when the world is full of the hope of renewal.
Financial Overview — FY 2024
$171K
Total Revenue
$234K
Total Expenses
$159K
Net Assets
N/A
Employees
Revenue Sources
Program Expense Ratio
N/A
Fundraising Efficiency
N/A
Operating Reserve
8.12x
Liability-to-Asset
N/A
Revenue Diversification
100.0%
Compared with Peers
FY 2024
Compared with 9,617 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.1 mo | 6.4 mo |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-4.4% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
77.1% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-37.0% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $171K | $234K | $159K | — | — |
| 2023 | $179K | $132K | $136K | — | — |
| 2022 | $201K | $188K | $90K | 92.1% | 0 |
| 2021 | $70K | $44K | N/A | — | 1 |
| 2020 | $10K | $579 | N/A | — | 1 |
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