Triumph Foundation
- Assets
- $1.6m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Valencia, CA
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 26-3295161
Organization Overview
Triumph Foundation is located in Valencia, CA. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Triumph Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triumph Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Triumph Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $799.9k during the year ending 12/2022. While expenses have increased by 14.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE AND PROVIDE CRITICAL SUPPORT SERVICES TO CHILDREN, ADULTS, AND VETERANS WITH SPINAL CORD INJURY, DISORDERS THAT CAUSE PARALYSIS, AND OTHER DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEWLY INJURED SUPPORT - THE CORNERSTONE OF THE FOUNDATION'S ACTIVITIES IS EDUCATING AND SUPPORTING PEOPLE WITH SPINAL CORD INJURY, PARALYZING DISORDERS, DISABILITIES, AND THEIR FAMILIES/CAREGIVERS. THIS PROGRAM IS LEAD BY 85 PROFESSIONALLY TRAINED AMBASSADORS THAT PROVIDE PEER COUNSELING, DELIVER RESOURCES & CARE PACKAGES, AND FACILITATE 22 SUPPORT GROUPS. REACHED OVER 5,000
GRANTS & EQUIPMENT - TRIUMPH PROVIDES GRANTS/FUNDS AND FACILITATES A RECYCLING PROGRAM THAT REPURPOSES & DISTRIBUTES DONATED DURABLE MEDICAL GOODS. THIS PROGRAM PROVIDES ASSISTANCE TO PEOPLE THAT HAVE INADEQUATE MEDICAL INSURANCE AND FINANCIAL HARDSHIP TO GET NECESSARY ADAPTIVE EQUIPMENT FOR ACTIVITIES OF DAILY LIVING, MAKE HOME MODIFICATIONS FOR WHEELCHAIR ACCESSIBILITY, MAINTAIN THERAPEUTIC ACTIVITIES FOR HEALTH AND WELLNESS, EMPLOYMENT ASSISTANCE TO ENABLE RETURN TO WORK, AND REINTEGRATE BACK INTO THE COMMUMNITY. REACHED OVER 150
ADAPTIVE RECREATION - THE FOUNDATION HOSTS ALL-INCLUSIVE ADAPTIVE RECREATIONAL EVENTS FOR PEOPLE WITH DISABILITIES, THEIR FAMILIES, AND THE ENTIRE COMMUNITY TO PARTICIPATE IN WHEELCHAIR SPORTS AND ENGAGE IN OUTDOOR ADVENTURES. THIS PROGRAM PROVIDES TWO LARGE SPORTS FESTIVALS AND OVER 20 HEALTH, WELLNESS AND EXERCISE ACTIVITIES ANNUALLY THAT ENHANCE QUALITY OF LIFE. REACHED OVER 4,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirsten Hatchel Director/ceo | OfficerTrustee | 40 | $120,040 |
Andrew Skinner Director | Trustee | 40 | $0 |
Robert Rohan Chairman Of The Board | OfficerTrustee | 20 | $0 |
Anthony Orefice Director | Trustee | 20 | $0 |
Julie Skinner Director/secretary | OfficerTrustee | 20 | $0 |
Doug Friedman Director | Trustee | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $214,912 |
| Related organizations | $0 |
| Government grants | $40,775 |
| All other contributions, gifts, grants, and similar amounts not included above | $764,147 |
| Noncash contributions included in lines 1a–1f | $207,235 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,019,834 |
| Total Program Service Revenue | $0 |
| Investment income | $24,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,419 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,010,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $437,195 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,040 |
| Compensation of current officers, directors, key employees. | $16,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,435 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,039 |
| Advertising and promotion | $9,510 |
| Office expenses | $3,993 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,018 |
| Travel | $1,591 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,781 |
| Insurance | $12,060 |
| All other expenses | $34,090 |
| Total functional expenses | $799,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,437,340 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,000 |
| Prepaid expenses and deferred charges | $14,176 |
| Net Land, buildings, and equipment | $61,357 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,086 |
| Total assets | $1,575,959 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,385 |
| Total liabilities | $12,385 |
| Net assets without donor restrictions | $1,563,574 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,575,959 |