Split This Rock INC EIN 26-4559492

Split This Rock INC

EIN  26-4559492 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Split This Rock INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Promotes poetry for social justice and supports poets creating vital work.
Leadership
Chelsea Iorlano · Director · $58K
Money in and out
$268K revenue, $261K expenses
Bottom line
76% program efficiency

Promotes poetry for social justice and supports poets creating vital work. For fiscal year 2023 it reported $268K in revenue, $261K in expenses, and $77K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$261K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.13 Fundraising $0.10
Program efficiency
76%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +118% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$268K
FY2023▲ +21%
Expenses
$261K
FY2023▲ +4%
Total assets
$77K
FY2023▲ +9%
Total liabilities
$0
FY2023
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$261K
Pt IX · Ln 25
Net assets
$77K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$77K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $200K of program spending, described in the organization's own filed words · FY2022.
01

Split This Rock is dedicated to revitalizing poetry as a living, breathing art form with profound relevance in our daily lives and struggles. Our programs integrate poetry of provocation and witness into movements for social justice and support the poets of all ages who write and perform this vital work.

$200Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSplit This Rock INC
EINHdr · item D26-4559492
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A70)
Ruling yearIRS BMFJul 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$58,027Pt VII · Sec A
$36,299Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Chelsea Iorlano’s $58K as Director is at the 52nd percentile of top reported officer pay among 2212 $100K–1M arts & culture 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 · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Rasha Abdulhadi$14,625$65,000$65,000
Chelsea Iorlano$58,027
Camisha Jones$36,299$50,369$49,401$47,220
Sarah Browning$2,167

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.

See Split This Rock INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$268K
Program service revenue$31
Investment income$28
— government grantsLn 1e$169K
Total revenueLn 12$268K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.13 Fundraising $0.10
Program services76%$200K
Management & general13%$34K
Fundraising10%$27K
Total functional expensesLn 25$261K

Balance Sheet

Part X · end of year
CashLn 1$77K
Total assetsLn 16$77K
Total liabilitiesLn 26$0
Total net assetsLn 32$77K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $77K · Operating expenses/yr $261K
3.5 months
Where the money goes
Program services
Program services $200K · Total expenses $261K
76%
Management & General
Management & general $34K · Total expenses $261K
13%
Fundraising
Fundraising $27K · Total expenses $261K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $32K · Solicited contributions (3-yr avg) $112K
$0.29 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $268K
100%
Government reliance
Government grants $169K · Total revenue $268K
63%
Earned-income share
Program service revenue $31 · Total revenue $268K
0%
Investment reliance
Investment income $28 · Total revenue $268K
0%
Program self-sufficiency
Program service revenue $31 · Total expenses $261K
0%
Growth & trend
Revenue growth (YoY)
This year $268K · Prior year $221K
+21%
Net-asset trend (YoY)
End of year $77K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $268K · Expenses $261K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $77K
Net-asset ratio
Net assets $77K · Total assets $77K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $77K
0%
People & payroll
Highest Reported Total Compensation
Individual Chelsea Iorlano · Reported title Director · Highest reported compensation $58K · Total expenses $261K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $199K · Total expenses $261K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 13%
Fundraising cost ratio 10%
Revenue growth 21%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
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 · funders on record
Grants received · FY2024
Ford FoundationFY2024$50K
Total grants receivedfrom 2 funders$147K

Similar Organizations

Closest in mission — by what they do
See all organizations like Split This Rock INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$268K revenue · viewing · ⤓ 990 PDF
FY2022$221K revenue · ⤓ 990 PDF
FY2021$318K revenue · ⤓ 990 PDF
FY2020$494K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.