Travis Roy Foundation EIN 04-3327883 Form 990 (PDF) Claim this org

Travis Roy Foundation

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Rehabilitates spinal cord injuries, funds research, and provides related educational programs. For fiscal year 2024 it reported $335K in revenue, $384K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Boston, MA
Website
www.travisroyfoundation.org
Filings
5 on file (2020–2024)
Revenue
$335KFY2024
Expenses
$384K
Net assets
$0
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  04-3327883 Unknown exempt organization Boston, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Rehabilitates spinal cord injuries, funds research, and provides related educational programs.
Leadership
Arthur B Page · Chair of the Board
Money in and out
$335K revenue, $384K expenses
Bottom line
-15% surplus margin
Reported financial activity · FY2024
Total revenue
$335K
Pt VIII · Ln 12
Total expenses
$384K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$50K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Surplus margin
-15%
revenue over expenses, this year▲ +93% vs prior filing year
Program spending
99%
of expenses reach programs▲ +7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$335K
FY2024▼ -15%
Expenses
$384K
FY2024▼ -70%
Total assets
$0
FY2024▼ -100%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$335K
Pt VIII · Ln 12
Total expenses
$384K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$50K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTravis Roy Foundation
EINHdr · item D04-3327883
Principal addressHdr · item CBoston, MA
WebsiteHdr · item Jwww.travisroyfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chair of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Travis Roy Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $379K of program spending, described in the organization's own filed words · FY2023.
01

Grants to organizations that support a smiliar mission to that of the foundation

$270Kprogram expense
02

Support to enchance the lives of individuals with spinal cord injuries and their families by providing adaptive equipment resulting in self-reliance and the ability to be as independent as possible.

$84Kprogram expense
03

To support the formation of the travis roy center for enhanced independence

$25Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$324K · 97%
Investment income$10K · 3%
Contributions & grants97%$324K
Investment income3%$10K
Total revenueLn 12$335K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$379K
Management & general1%$5K
Total functional expensesLn 25$384K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $384K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $379K · Total expenses $384K
99%
Management & General
Management & general $5K · Total expenses $384K
1%
Fundraising
Fundraising $0 · Total expenses $384K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $683K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $324K · Total revenue $335K
97%
Government reliance
Government grants — · Total revenue $335K
Earned-income share
Program service revenue $0 · Total revenue $335K
0%
Investment reliance
Investment income $10K · Total revenue $335K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $384K
0%
Growth & trend
Revenue growth (YoY)
This year $335K · Prior year $394K
-15%
Revenue CAGR
FY2019 $1.2M · FY2023 $335K
-27%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $335K · Expenses $384K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Arthur B Page · Reported title CHAIR OF THE BOARD · Highest reported compensation $0 · Total expenses $384K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $384K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth -15%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$317K
Grants paid · 24 grants · $9.7M · 2019–2023
Unitemized GrantFY2023$84,333
Jack Trottier Foundation INCMA · FY2023$75,000
Sci BostonMA · FY2023$70,000
Franciscan Children HospitalMA · FY2023$60,000
Spaulding Rehabilitation HospitalMA · FY2023$25,000
Trustees of Boston UniversityMA · FY2022$1,015,000
Unitemized GrantFY2022$107,232
Slamt1d INCVT · FY2022$50,000
Shepherd Center Foundation INCGA · FY2021$2,500,000
Spaulding Rehabilitation HospitalMA · FY2021$2,125,000
Unitemized GrantFY2021$1,211,233
Garden of Dreams FoundationNY · FY2021$15,000
Unitemized GrantFY2020$676,318
See all 24 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$335K revenue · viewing · ⤓ 990 PDF
FY2023$394K revenue · ⤓ 990 PDF
FY2022$2.7M revenue · ⤓ 990 PDF
FY2021$2.0M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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