Triumph Foundation EIN 26-3295161

Triumph Foundation FY2020 filing

EIN  26-3295161 Public foundation / grantmaker Santa Clarita, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Provides education and support for people with spinal cord injuries and paralysis.
Leadership
Kirsten Hatchel · Director/CEO · $104K
Money in and out
$817K revenue, $699K expenses
Bottom line
82% program efficiency

Provides education and support for people with spinal cord injuries and paralysis. For fiscal year 2020 it reported $817K in revenue, $699K in expenses, and $1.1M in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$817K
Pt VIII · Ln 12
Total expenses
$699K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $118K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs
Operating runway
26.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$817K
FY2020
Expenses
$699K
FY2020
Total assets
$1.1M
FY2020
Total liabilities
$11K
FY2020
Total revenue
$817K
Pt VIII · Ln 12
Total expenses
$699K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$118K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $571K of program spending, described in the organization's own filed words · FY2020.
01

Grants & Equipment

Providing GRANTS/FUNDS and facilitating a recycling program that repurposes & distributes donated durable medical goods. This program provides assistance to people that have inadequate medical insurance and financial hardship to get necessary adaptive equipment for activities of daily living, make home modifications for wheelchair…

$364Kprogram expense
02

Newly Injured Support

The conerstone of the foundation's activities is educating and supporting people with spinal cord injury & paralyzing disorders, and their FAMILIES/CAREGIVERS, through 80 professionaly trained ambassadors that provide peer counseling, deliver resources & care packages, and lead 20 support groups. Reached over 2,000

$175Kprogram expense
03

Adaptive Recreation

Hosting all inclusive adaptive recreational events for people with disabilities, their families, and the entire community to participate in wheelchair sports and engage in outdoor adventures. This program provides two large sports festivals and over 20 health, wellness and exercise activities annually that enhance quality of life.

$32Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTriumph Foundation
EINHdr · item D26-3295161
Principal addressHdr · item CSanta Clarita, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
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
Director/CEO
$104,125Pt VII · Sec A
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kirsten Hatchel’s $115K as Director is at the 43rd percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kirsten Hatchel$115,000$150,000$120,040$104,000$104,125
Andrew Skinner$1,040$480

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$818K
Investment income$129
— government grantsLn 1e$40K
Total revenueLn 12$817K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$571K
Management & general18%$128K
Total functional expensesLn 25$699K

Balance Sheet

Part X · end of year
CashLn 1$989K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$11K
Total net assetsLn 32$1.1M
Months of cash on handcomputed17.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $989K · Operating expenses (Pt IX) $699K · Less non-cash grants $249K · Cash operating expenses/yr $450K
26.4 months
Where the money goes
Program services
Program services $571K · Total expenses $699K
82%
Management & General
Management & general $128K · Total expenses $699K
18%
Fundraising
Fundraising $0 · Total expenses $699K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $778K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $818K · Total revenue $817K
100%
Government reliance
Government grants $40K · Total revenue $817K
5%
Earned-income share
Program service revenue $0 · Total revenue $817K
0%
Investment reliance
Investment income $129 · Total revenue $817K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $699K
0%
Growth & trend
Revenue growth (YoY)
This year $817K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $817K · Expenses $699K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Kirsten Hatchel · Reported title Director/CEO · Highest reported compensation $104K · Total expenses $699K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $208K · Total expenses $699K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · FY2024
See all 10 funders →
Grants paid · 15 grants · $1.2M · 2020–2024
Unitemized GrantFY2024$132,135
Unitemized GrantFY2024$123,474
Unitemized GrantFY2024$82,489
Unitemized GrantFY2023$142,883
Unitemized GrantFY2023$105,675
Unitemized GrantFY2023$61,817
Unitemized GrantFY2022$125,947
Unitemized GrantFY2022$68,782
Unitemized GrantFY2022$40,035
Unitemized GrantFY2021$68,843
Unitemized GrantFY2021$54,900
Unitemized GrantFY2021$16,928
Unitemized GrantFY2020$73,430
Unitemized GrantFY2020$55,780
Unitemized GrantFY2020$8,732

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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)$1.2M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$1.0M revenue · ⤓ 990 PDF
FY2021$906K revenue · ⤓ 990 PDF
FY2020$817K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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