Split Second foundation's mission is to deliver comprehensive care, resources, education and advocacy to those affected by disabilities, promoting independent living and enhancing their quality of life.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $118K a year · 14% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $283K
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$167K
136% of total assets
Concern: liabilities are 136% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$278K
×13 vs prior year
Spent
$353K
To programs
70%
Net assets
−$44K
By yearFY2020–FY2025
Revenue
$278K
FY2021▲ ×13
Tap a bar for its year
Revenue by fiscal year
FY2020$22K
FY2021$278K
FY2022$568K
FY2023$766K
FY2024$1.9M
FY2025$751K
Expenses
$353K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$353K
FY2022$566K
FY2023$739K
FY2024$1.0M
FY2025$1.0M
Net assets
−$44K
FY2021▼ -259%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021−$44K
FY2022−$4K
FY2023$24K
FY2024$951K
FY2025$684K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2018.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $248K Management & general 23% · $81K Fundraising 7% · $24K

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.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Mark Raymond JR’s $69K as CEO & President is at the 8th percentile of top reported officer pay among 360 $1–10M medical research 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Mark Raymond JR$69,308$66,971$57,200$58,692

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 The Split Second 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Breaks down barriers for people with physical disabilities in society and research.

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Provided by the organization

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1 program · $248K · in their own filed words · FY2021
01

In february 2021, we opened the fitness facility in louisiana for people living with disabilities and served over 127 people throughout the year.

$248Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 14 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$278K
Ln 12
Gifts and grantsLn 1h$270K
Fees for servicesLn 2g$13K
Money outPt IX
$353K
Ln 25
Programscol B$248K
Managementcol C$81K
Fundraisingcol D$24K
Owns and owesPt X
−$44K
net assets · Ln 32
Cash and savingsLn 1–2$107K
Total assetsLn 16$122K
LiabilitiesLn 26$167K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$270K
Government grantsLn 1e$14K
Noncash giftsLn 1g$14K
Fundraising eventsLn 1c$164K
Fees for servicesLn 2g$13K
Total revenueLn 12$278K
Assets in detailPt X, end of year
CashLn 1$107K
Cash and savings togetherLn 1–2$107K
Land, buildings, equipmentLn 10c$10K
Other assetsLn 15$2K
Total assetsLn 16$122K
LiabilitiesLn 26$167K
Net assetsLn 32−$44K
OperationsPt I, VI
EmployeesI 511
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$81K$107K
Land, buildings, equipmentLn 10c$7K$10K
Total assetsLn 16$94K$122K
LiabilitiesLn 26$66K$167K
Net assetsLn 32$28K−$44K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$6K$6K
Other salaries and wagesLn 7$176K$140K$36K
Other employee benefitsLn 9$15K$15K$393
Payroll taxesLn 10$15K$12K$3K
Legal feesLn 11b$3K$3K
Professional fundraising feesLn 11e$24K$24K
Other fees for servicesLn 11g$4K$4K$724
Advertising and promotionLn 12$18K$3K$15K
Office expensesLn 13$16K$8K$8K
Information technologyLn 14$3K$3K
OccupancyLn 16$35K$35K
TravelLn 17$38$32$6
InterestLn 20$911$911
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$10K$6K$4K
Other expenses (24a–d)Ln 24$24K$23K$300
All other expensesLn 24e$2K$918$751
Total functional expensesLn 25$353K$248K$81K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $751K$1.0M−$268K$684K 990 PDF
FY2024 $1.9M$1.0M$905K$951K 990 PDF
FY2023 $766K$739K$28K$24K 990 PDF
FY2022 $568K$566K$2K−$4K 990 PDF
FY2021 Viewing $278K$353K−$75K−$44K 990 PDF
FY2020 $22K$28K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $278,341 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $22,223$270,401
I-9 Program service revenuePrior year $0$13,013
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0−$5,073
I-12 Total revenuePrior year $22,223$278,341
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$212,861
I-16a Professional fundraising feesPrior year $0$24,000
I-17 Other expensesPrior year $73,828$116,432
I-18 Total expensesPrior year $73,828$353,293
I-19 Revenue less expensesPrior year −$51,605−$74,952
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $278,341 across 8 lines filed
Lines not itemized here account for $492 of total revenue; see the IRS return.
VIII-1c Fundraising events$163,782
VIII-1e Government grants$14,000
VIII-1f All other contributions, gifts and grants$92,619
VIII-1g Noncash contributions (included above)$14,078
VIII-1h Total contributions, gifts and grants$270,401
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,013$13,013
VIII-8 Net income from fundraising eventsExcluded from tax −$5,565−$5,565
VIII-12 Total revenueRelated to mission $13,013 · Unrelated business $0 · Excluded from tax −$5,073$278,341
Part IX · Statement of functional expenses $353,293 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $6,199$6,199
IX-7 Other salaries and wagesPrograms $140,400 · Management $35,592$175,992
IX-9 Other employee benefitsPrograms $14,984 · Management $393$15,377
IX-10 Payroll taxesPrograms $12,174 · Management $3,119$15,293
IX-11b Legal feesManagement $2,510$2,510
IX-11e Professional fundraising feesFundraising $24,000$24,000
IX-11g Other fees for servicesPrograms $3,689 · Management $724$4,413
IX-12 Advertising and promotionPrograms $2,688 · Management $15,283$17,971
IX-13 Office expensesPrograms $7,534 · Management $8,017$15,551
IX-14 Information technologyManagement $3,095$3,095
IX-16 OccupancyPrograms $34,721$34,721
IX-17 TravelPrograms $32 · Management $6$38
IX-20 InterestManagement $911$911
IX-22 Depreciation, depletion and amortizationPrograms $1,484$1,484
IX-23 InsurancePrograms $6,226 · Management $4,253$10,479
IX-24 Other expenses (24a–d)Programs $23,290 · Management $300$23,590
IX-24e All other expensesPrograms $918 · Management $751$1,669
IX-25 Total functional expensesPrograms $248,140 · Management $81,153 · Fundraising $24,000$353,293
Part X · Balance sheet $122,338 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $80,823$106,766
X-9 Prepaid expenses and deferred chargesStart of year $3,500$3,500
X-10c Land, buildings and equipment, netStart of year $7,161$9,971
X-15 Other assetsStart of year $2,101$2,101
X-16 Total assetsStart of year $93,585$122,338
X-24 Unsecured notes and loans payableStart of year $65,300$157,805
X-25 Other liabilitiesStart of year $374$8,857
X-26 Total liabilitiesStart of year $65,674$166,662
X-32 Total net assets or fund balancesStart of year $27,911−$44,324
X-33 Total liabilities and net assetsStart of year $93,585$122,338
Part XI · Reconciliation of net assets −$44,324 net assets at year end
XI-1 Total revenue$278,341
XI-2 Total expenses$353,293
XI-3 Revenue less expenses−$74,952
XI-4 Net assets at start of year$27,911
XI-5 Net unrealized gains (losses) on investments$2,717
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$44,324

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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