Form 990 for tax year 2023
Filed by THE THOMAS E SMITH FIGHT TO CURE PARALYSIS FOUNDATION.
Totals
- Total revenue
- $3,383,401
- Total expenses
- $531,095
- Contributions and grants received
- $3,383,128
- Grants paid
- $416,775
- Program service revenue
- $0
- Investment income
- $41,524
- Other revenue
- -$41,251
- Total assets, end of year
- $3,046,585
- Total liabilities, end of year
- $5,990
- Net assets or fund balances, end of year
- $3,040,595
- Program services expenses (Part IX)
- $421,641
- Management and general expenses
- $100,329
- Fundraising expenses
- $9,125
- Program service expenses (Part III)
- $421,641
Program services were 79.4% 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
$144,602
-
1f · All other contributions, gifts and grants
$3,238,526
-
3 · Investment income
total $41,524 · excluded $41,524
-
8a · Fundraising events: gross income
$14,261
-
8a · Fundraising events: contributions included on line 1c
$144,602
-
8b · Fundraising events: direct expenses
$55,512
-
8c · Net income from fundraising events
total -$41,251 · excluded -$41,251
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $229,700 · program services $229,700
-
2 · Grants to domestic individuals
total $187,075 · program services $187,075
-
11b · Fees: legal
total $3,333 · management and general $3,333
-
11c · Fees: accounting
total $4,400 · management and general $4,400
-
11g · Fees: other
total $74,411 · management and general $74,411
-
12 · Advertising and promotion
total $3,168 · management and general $2,933 · fundraising $235
-
13 · Office expenses
total $8,366 · management and general $8,366
-
17 · Travel
total $3,139 · management and general $3,139
-
23 · Insurance
total $1,817 · management and general $1,817
-
24a · Other expenses: EVENT EXPENSE
total $8,890 · fundraising $8,890
-
24b · Other expenses: EQUIPMENT SERVICE
total $5,991 · program services $4,866 · management and general $1,125
-
24c · Other expenses: MEALS & ENTERTAINMENT E
total $805 · management and general $805
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $188,289 · end of year $49,581
-
3 · Pledges and grants receivable
end of year $1,920,480
-
11 · Investments: publicly traded securities
end of year $1,076,524
-
17 · Accounts payable and accrued expenses
end of year $5,990
-
27 · Net assets without donor restrictions
beginning of year $150,871 · end of year $285,824
-
28 · Net assets with donor restrictions
beginning of year $37,418 · end of year $2,754,771
Mission and programs · 2023
Mission
THE THOMAS E. SMITH FOUNDATION IS A 501(C)(3) NON-PROFIT ORGANIZATION WHOSE MISSION IS TO BETTER THE LIVES OF THOSE AFFECTED BY AND LIVING WITH PARALYSIS THROUGH FINANCIAL AND EMOTIONAL SUPPORT, AS WELL AS SUPPORTING PREVENTIVE INNOVATIONS THAT DECREASE THE RISK OF SPINAL CORD INJURIES.
-
QUALITY OF LIFE GRANT PROGRAM (GRANT PROGRAM DISBURSEMENTS): THE THOMAS E. SMITH FOUNDATION MAINTAINS ITS QUALITY OF LIFE GRANT PROGRAM, WHICH SUPPORTS INDIVIDUALS AND FAMILIES AFFECTED BY AND LIVING WITH PARALYSIS. IN 2023, THIS PROGRAM DISTRIBUTED $416,775 IN GRANTS FOR VARIOUS COST-PROHIBITIVE, ESSENTIAL SERVICES, SUCH AS: PHYSICAL THERAPY, HOME MODIFICATIONS, NURSING CARE, EQUIPMENT, AND RESEARCH.
Expenses $421,641 · Grants $416,775
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Thomas E SmithTHOMAS E SMITH
CO-FOUNDER & TRUSTEE
- Total calculated
- $0
- Hours/week
- 10
-
J Tucker MullinJ TUCKER MULLIN
CO-FOUNDER & TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Christopher K SmithCHRISTOPHER K SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 10
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
-
$128,700
PHYSICAL THERAPY FINANCIAL AID/SCHOLARSHIP PROGRAM
-
FDA CLINCAL TRIAL RESEARCH
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349302271
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