Travis Roy Foundation INC FY2020 filing

Boston, MAUnknown exempt organizationEIN 45-1618706

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The primary focus of the corporation is to support the Travis Roy Foundation in its mission to foster the rehabilitation of spinal cord injuries and research & educational programs relating to such injuries.

73¢ of each $1 spent went to programs.
$152K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $212K a year · 28% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $71K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$17K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 12 voting members
Looks good: 10 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
Spent
$1.3M
To programs
73%
Net assets
$1.0M
By yearFY2020–FY2024
Revenue
$1.2M
FY2020
Revenue by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$1.1M
FY2023$204K
FY2024$8K
Expenses
$1.3M
FY2020
Expenses by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.1M
FY2023$673K
FY2024$433K
Net assets
$1.0M
FY2020
Net assets by fiscal year
FY2020$1.0M
FY2021$933K
FY2022$895K
FY2023$426K
FY2024$0

From the FY2020 Form 990 (year ending September 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2014-02-15). Per the IRS revocation list. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $939K Management & general 11% · $136K Fundraising 16% · $204K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Vice President
$76,839Pt VII · Sec A
President
$75,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Lisa Kielt$151,923$100,000$101,923$96,860$76,839
Travis Roy———$64,904$75,000

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 Travis Roy Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds spinal cord injury rehabilitation, research, and education programs.

Provided by the organization

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2 program services account for $939K of program spending, described in the organization's own filed words · FY2019.
01

Support to the travis roy foundation to further its mission of rehabilitation of individuals with spinal cord injuries and research and educational programs related to such injuries.

$745Kprogram 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.

$195Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 3 funders$71K
See all 3 funders →
Grants paid · 11 grants · $3.2M · 2019–2023
Travis Roy FoundationMA · FY2023$317,181
Journey Forward INCMA · FY2023$50,000
T-Bird Foundation INCMA · FY2023$15,000
Travis Roy FoundationMA · FY2022$300,000
Unitemized GrantFY2022$49,569
Slamt1d INCVT · FY2022$16,066
Travis Roy FoundationMA · FY2021$756,327
Travis Roy FoundationMA · FY2020$886,878
Unitemized GrantFY2020$71,660
Travis Roy FoundationMA · FY2019$744,517
Unitemized GrantFY2019$30,307

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.3M
Investment incomeLn 3$3K
Money outPt IX
$1.3M
Ln 25
Programscol B$939K
Managementcol C$136K
Fundraisingcol D$204K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$610K
Total assetsLn 16$1.1M
LiabilitiesLn 26$17K
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Fundraising eventsLn 1c$581K
Investment incomeLn 3$3K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
SavingsLn 2$610K
Cash and savings togetherLn 1–2$610K
Land, buildings, equipmentLn 10c$23K
Total assetsLn 16$1.1M
LiabilitiesLn 26$17K
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 56
VolunteersI 6143
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$508K$610K
Land, buildings, equipmentLn 10c$22K$23K
Total assetsLn 16$901K$1.1M
LiabilitiesLn 26$26K$17K
Net assetsLn 32$875K$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$745K$745K
Grants to domestic individualsLn 2$30K$30K
Pay of current officers, directors and key staffLn 5$167K$70K$36K$62K
Other salaries and wagesLn 7$122K$60K$30K$33K
Other employee benefitsLn 9$10K$6K$2K$2K
Payroll taxesLn 10$22K$10K$5K$7K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$16K$2K$14K
Office expensesLn 13$11K$10K$2K
Information technologyLn 14$50K$50K
OccupancyLn 16$50K$17K$17K$17K
TravelLn 17$2K$2K
Depreciation, depletion and amortizationLn 22$8K$3K$3K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$27K$10K$17K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$1.3M$939K$136K$204K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $8K$433K−$426K$0 990 PDF
FY2023 $204K$673K−$469K$426K 990 PDF
FY2022 $1.1M$1.1M−$3K$895K 990 PDF
FY2021 $1.3M$1.4M−$104K$933K 990 PDF
FY2020 Viewing $1.2M$1.3M−$58K$1.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $1,222,597 across 6 lines filed
VIII-1c Fundraising events$580,873
VIII-1f All other contributions, gifts and grants$717,081
VIII-1h Total contributions, gifts and grants$1,297,954
VIII-3 Investment incomeExcluded from tax $3,351$3,351
VIII-8 Net income from fundraising eventsExcluded from tax −$78,708−$78,708
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$75,357$1,222,597
Part IX · Statement of functional expenses $1,280,125 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $744,517$744,517
IX-2 Grants to domestic individualsPrograms $30,307$30,307
IX-5 Pay of current officers, directors and key staffPrograms $69,905 · Management $35,840 · Fundraising $61,541$167,286
IX-7 Other salaries and wagesPrograms $59,668 · Management $29,690 · Fundraising $32,736$122,094
IX-9 Other employee benefitsPrograms $5,517 · Management $2,395 · Fundraising $1,719$9,631
IX-10 Payroll taxesPrograms $9,912 · Management $5,012 · Fundraising $7,212$22,136
IX-11c Accounting feesManagement $15,235$15,235
IX-11g Other fees for servicesManagement $1,758 · Fundraising $13,922$15,680
IX-13 Office expensesManagement $9,535 · Fundraising $1,800$11,335
IX-14 Information technologyFundraising $49,829$49,829
IX-16 OccupancyPrograms $16,666 · Management $16,667 · Fundraising $16,667$50,000
IX-17 TravelManagement $2,208$2,208
IX-22 Depreciation, depletion and amortizationPrograms $2,785 · Management $2,785 · Fundraising $2,023$7,593
IX-23 InsuranceManagement $3,429$3,429
IX-24 Other expenses (24a–d)Management $10,372 · Fundraising $16,943$27,315
IX-24e All other expensesManagement $1,530$1,530
IX-25 Total functional expensesPrograms $939,277 · Management $136,456 · Fundraising $204,392$1,280,125
Part X · Balance sheet $1,054,910 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $507,879$610,361
X-3 Pledges and grants receivableStart of year $270,689$223,765
X-4 Accounts receivableStart of year $100,288$197,880
X-10c Land, buildings and equipment, netStart of year $21,882$22,904
X-16 Total assetsStart of year $900,738$1,054,910
X-17 Accounts payable and accrued expensesStart of year $14,121$10,828
X-25 Other liabilitiesStart of year $11,495$6,500
X-26 Total liabilitiesStart of year $25,616$17,328
X-27 Net assets without donor restrictionsStart of year $604,433$672,246
X-28 Net assets with donor restrictionsStart of year $270,689$365,336
X-32 Total net assets or fund balancesStart of year $875,122$1,037,582
X-33 Total liabilities and net assetsStart of year $900,738$1,054,910
Part XI · Reconciliation of net assets $1,037,582 net assets at year end
XI-1 Total revenue$1,222,597
XI-2 Total expenses$1,280,125
XI-3 Revenue less expenses−$57,528
XI-4 Net assets at start of year$875,122
XI-6 Donated services and use of facilities$141,571
XI-9 Other changes in net assets$78,417
XI-10 Net assets at end of year$1,037,582

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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