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Sam Schmidt Foundation

Also known as Conquer Paralysis Now

Indianapolis, IN · EIN 43-1878305 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Sam Schmidt Foundation reported $12.7 million in revenue and $2.4 million in expenses for calendar year 2024. Of every $100 it spent, $74.57 went to program services, $19.58 to management and general costs and $5.85 to fundraising. Its largest source of revenue was contributions and grants: 89.6% of the total. The highest compensation it reported for one person was $194,864 (CHIEF FINANCIAL OFFICER). 3 people received more than $100,000 in reportable compensation. Revenue rose 662% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.4M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

Investment income was negative: −$6,634. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
74.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
5.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
89.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
2.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$194,864$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
8.14%1.34%
People paid over $100,000
Part VII, line 2
327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
164.56.6
Independent voting board members
Part VI 1a–1b
10 of 1088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$1.8M expenses · 100.0% of program spending · grants $125K · revenue $304K

The organization provides rehabilitation and therapy services to patients and recognizes service income from those patients at the time services are rendered

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF FINANCIAL OFFICER
Director/trustee, officer, 40.00 hrs/week
$181,063$0$13,801$194,864
FORMER CHIEF EXECUTIVE OFFICER
Former, 40.00 hrs/week
$159,959$0$8,401$168,360
FORMER EXECUTIVE OFFICER
Former, 40.00 hrs/week
$149,115$0$10,675$159,790

3 people received more than $100,000 in reportable compensation from Sam Schmidt Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $490K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$13M$2.4M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$2.4M74.6%$33M$194,864
2023 ⓘ$20M$1.9M66.7%$23M$133,296
2022 ⓘ$2.4M$1.6M71.0%$4.4M$113,300
2021 ⓘ$2.1M$1.1M63.6%$4.1M$91,274
2020 ⓘ$1.9M$882K58.4%$3.2M$88,408
2019 ⓘ$1.7M$838K63.6%$2.1M$74,881

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 529
  • Volunteers Part I, line 635

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
COMPASS COMMERCIAL CONSTRUCTION
Construction
$9,575,046

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Sam Schmidt Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sam Schmidt Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Indiana

Questions people ask

How much of Sam Schmidt Foundation's spending goes to programs?

In calendar year 2024, Sam Schmidt Foundation reported that 74.6% of its $2.4 million in expenses went to program services, 19.6% to management and general and 5.8% to fundraising (Form 990, Part IX).

How much does Sam Schmidt Foundation pay its top executive?

The largest total compensation Sam Schmidt Foundation reported for one person in calendar year 2024 was $194,864, for the role of CHIEF FINANCIAL OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sam Schmidt Foundation get its money?

Of $12.7 million in revenue in calendar year 2024, 89.6% came from contributions and grants and 2.4% from program service revenue (Form 990, Part VIII).

Is Sam Schmidt Foundation a registered charity?

The IRS lists EIN 43-1878305 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533219349313718 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202432409349300948 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349319498 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213139349304541 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349323468 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349309690 · read the filing

All filings for EIN 43-1878305: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.