Spinal Research Foundation FY2022 filing

Tax-deductible

Reston, VA501(c)(3)Medical ResearchEIN 55-0803996Revenue $660K in FY2022

On file with the IRSspinehealth.org11800 Sunrise Valley Dr, 20191-5300 · Reston, VATax-exempt since Oct 2002Private operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$225K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $508K a year · 43% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$225K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $32K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.2M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$660K
-59% vs prior year
Spent
$2.0M
Net assets
$2.7M
By yearFY2020–FY2024
Revenue
$660K
FY2022▼ -59%
Tap a bar for its year
Revenue by fiscal year
FY2020$587K
FY2021$1.6M
FY2022$660K
FY2023$1.2M
FY2024$1.9M
Expenses
$2.0M
FY2022▲ +28%
Tap a bar for its year
Expenses by fiscal year
FY2020$770K
FY2021$1.5M
FY2022$2.0M
FY2023$1.9M
FY2024$2.4M
Net assets
$2.7M
FY2022▼ -39%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.2M
FY2021$4.4M
FY2022$2.7M
FY2023$2.2M
FY2024$1.6M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2002.

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

Where the money goes

What each dollar paid for.

Operating & administrative 100% · $2.0M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

13 people listed on the 990-PF; $225K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$224,768Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2024FY2021
Rita Roy$256,812$224,768
Dave Poley$220,000—

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.

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Programs and updates

A private foundation based in Reston, VA.

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Provided by the organization

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By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$660K
Gifts and grants$746K
Money out
$2.0M
Running costs$2.0M
Owns and owes
$2.7M
net assets
Cash and savings$381K
Total assets$3.9M
Liabilities$1.2M
People
13
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$746K
Total revenue$660K
Assets in detailEnd of year
Cash and savings together$381K
Total assets$3.9M
Liabilities$1.2M
Net assets$2.7M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.9M$2.4M−$475K$1.6M 990 PDF
FY2023 $1.2M$1.9M−$652K$2.2M 990 PDF
FY2022 Viewing $660K$2.0M−$1.3M$2.7M 990 PDF
FY2021 $1.6M$1.5M$72K$4.4M 990 PDF
FY2020 $587K$770K−$183K$4.2M 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

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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