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Nonprofiteer
← SAM SCHMIDT FOUNDATION

Form 990 for tax year 2022

Filed by SAM SCHMIDT FOUNDATION.

Totals

Total revenue
$2,395,256
Total expenses
$1,567,335
Contributions and grants received
$1,931,891
Grants paid
$0
Program service revenue
$217,739
Investment income
$40,790
Other revenue
$204,836
Total assets, end of year
$4,642,764
Total liabilities, end of year
$269,673
Net assets or fund balances, end of year
$4,373,091
Program services expenses (Part IX)
$1,113,166
Management and general expenses
$168,774
Fundraising expenses
$285,395
Program service expenses (Part III)
$1,113,166

Program services were 71.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $509,000

  • 1e · Government grants (contributions)

    $360,768

  • 1f · All other contributions, gifts and grants

    $1,062,123

  • 2a · Program service revenue: CLIENT SERVICES

    total $217,739 · related or exempt $217,739

  • 3 · Investment income

    total $37,240 · excluded $37,240

  • 6a · Gross rents

    real property $8,910

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $8,910

  • 6d · Net rental income or loss

    total $8,910 · excluded $8,910

  • 7a · Gross sales of assets other than inventory

    securities $715,500

  • 7b · Less cost or other basis and sales expenses

    securities $711,950

  • 7c · Gain or loss

    securities $3,550

  • 7d · Net gain or loss

    total $3,550 · excluded $3,550

  • 8a · Fundraising events: gross income

    $353,904

  • 8a · Fundraising events: contributions included on line 1c

    $509,000

  • 8b · Fundraising events: direct expenses

    $157,978

  • 8c · Net income from fundraising events

    total $195,926 · excluded $195,926

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $113,300 · program services $48,660 · management and general $27,311 · fundraising $37,329

  • 7 · Other salaries and wages

    total $558,946 · program services $417,737 · fundraising $141,209

  • 9 · Other employee benefits

    total $56,804 · program services $37,058 · management and general $3,442 · fundraising $16,304

  • 10 · Payroll taxes

    total $74,398 · program services $45,157 · management and general $9,770 · fundraising $19,471

  • 11b · Fees: legal

    total $9,221 · program services $7,840 · management and general $1,381

  • 11c · Fees: accounting

    total $10,000 · management and general $10,000

  • 11g · Fees: other

    total $24,850 · program services $6,298 · management and general $12,080 · fundraising $6,472

  • 12 · Advertising and promotion

    total $40,897 · program services $5,220 · management and general $9,077 · fundraising $26,600

  • 13 · Office expenses

    total $51,077 · program services $26,064 · management and general $7,099 · fundraising $17,914

  • 16 · Occupancy

    total $135,216 · program services $127,698 · management and general $7,518

  • 17 · Travel

    total $11,140 · program services $2,683 · management and general $754 · fundraising $7,703

  • 22 · Depreciation, depletion and amortization

    total $85,780 · program services $84,169 · management and general $1,611

  • 23 · Insurance

    total $14,973 · program services $636 · management and general $14,078 · fundraising $259

  • 24a · Other expenses: WRITE OFF CONSTRUCTION

    total $138,769 · program services $138,769

  • 24b · Other expenses: CONSULTING

    total $117,666 · program services $64,190 · management and general $42,087 · fundraising $11,389

  • 24c · Other expenses: AWARDS AND GRANTS

    total $66,121 · program services $66,121

  • 24d · Other expenses: PROGRAM EXPENSES

    total $32,410 · program services $25,778 · management and general $6,445 · fundraising $187

  • 24e · All other expenses

    total $25,767 · program services $9,088 · management and general $16,121 · fundraising $558

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $355,408 · end of year $503,470

  • 3 · Pledges and grants receivable

    beginning of year $75,000 · end of year $50,000

  • 4 · Accounts receivable

    beginning of year $27,457 · end of year $309,352

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,566 · end of year $15,516

  • 10a · Land, buildings and equipment: cost or other basis

    $667,094

  • 10b · Land, buildings and equipment: accumulated depreciation

    $332,805

  • 10c · Land, buildings and equipment, net

    beginning of year $379,669 · end of year $334,289

  • 11 · Investments: publicly traded securities

    beginning of year $3,352,288 · end of year $3,416,550

  • 15 · Other assets

    beginning of year $164,758 · end of year $13,587

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,490 · end of year $73,036

  • 25 · Other liabilities

    beginning of year $279,049 · end of year $196,637

  • 27 · Net assets without donor restrictions

    beginning of year $3,925,632 · end of year $4,228,924

  • 28 · Net assets with donor restrictions

    beginning of year $146,975 · end of year $144,167

Mission and programs · 2022

Mission

THE ORGANIZATION IS COMMITTED TO FINDING TREATMENTS AND/OR CURES FOR SPINAL CORD INJURIES AND/OR PARALYSIS.

  • THE ORGANIZATION PROVIDES REHABILITATION AND THERAPY SERVICES TO PATIENTS AND RECOGNIZES SERVICE INCOME FROM THOSE PATIENTS AT THE TIME SERVICES ARE RENDERED.

    Expenses $1,113,166 · Revenue $217,739

As filed on the 2022 return.

Listed in Part VII

  • SAM SCHMIDT

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    4

  • BILL LIACONE

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • ED MATTIX

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • TODD DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LISA ARDITO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALAN LEWIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRIGADIER GENERAL JOHN P MCGOFF MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL KRET

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHET BEILER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BILL KOEBLITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TIERA MCQUATER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ADELL MEANS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRANDI KURKA

    EXECUTIVE OFFICER

    Total calculated
    $113,300
    From this org
    $113,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • SAVANNAH BOEHRER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202333199349319498

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