RACE CANCER FOUNDATION INC

EIN: 271859289 501(c)(3) Diseases & Disorders

Cambridge, MA

Total Revenue
$360,868
Total Expenses
$348,296
Total Assets
$60,443
Net Assets
$22,939
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MA
Principal Officer
J Alain Ferry
Phone
6177022020
Tax Period
2024-01-01 to 2024-12-31

RACE CANCER FOUNDATION INC, founded in 2010, is a small nonprofit in the Diseases & Disorders sector that reported $361K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $348K left a modest 3% surplus.

Mission

RACE Cancer Foundation fights cancer through action and prevention. Our running events promote health and wellness in the community, reducing the risk of cancer while raising funds and awareness for organizations dedicated to fighting cancer. Their programs create opportunities to reduce and detect cancer through education, prevention, and screening measures. RACE Cancer's Sunscreen Squad fights skin cancer by bringing free sunscreen dispensers to outdoor events across New England.

Program Service Accomplishments

Program 1
Expenses: $262,417 Revenue: $268,655

RACE Cancer Foundation produced races and running challenges engaging nearly 3,000 individuals. The 2024 edition of the Super Sunday 5k and 5 Miler had 1,335 finishers The 2024 Charles River Marathon...

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RACE Cancer Foundation produced races and running challenges engaging nearly 3,000 individuals. The 2024 edition of the Super Sunday 5k and 5 Miler had 1,335 finishers The 2024 Charles River Marathon sold out. Additional events included our Winter Challenge, Summer Series races, Oktoberfest 5k, and Charles River Half Marathon. This year marked the organizations first time producing a cycling event, the Tour de Barnstable, which had over 200 finishers. Staying physically fit reduces the incidence of many types of cancer and has a positive impact on the lives of cancer survivors.

Program 2
Expenses: $27,282 Revenue: $0

RACE Cancer Foundation donated $27,282 to charities in 2024. This year, proceeds from Super Sunday went to directly support two families impacted by a fatal car crash. $10,176 was donated to each of...

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RACE Cancer Foundation donated $27,282 to charities in 2024. This year, proceeds from Super Sunday went to directly support two families impacted by a fatal car crash. $10,176 was donated to each of the Kito Jackson Scholarship and Kirstin Tracey. This departure from more mission aligned charities was one off in nature. In addition to those donations, $2,062 went to a recipient of the Matt Fishman Scholarship for high school students impacted by cancer or another medical hardship. $2,006 went to the Cape Wellness Collaborative which provides free-of-charge integrative therapies, nutritious meals and emotional support for anyone in the Cape Cod community facing cancer. $1,000 went to Tommy's Place that owns and operates year-round magical vacation homes for kids fighting cancer. Smaller additional donations were made to various organizations.

Program 3
Expenses: $1,261 Revenue: $0

In addition to its own events, Race Cancer Foundation's Sunscreen Squad distributed sunscreen at the Boston Calling music festival, and at the start of the Boston Marathon.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,213
Program Service Revenue $268,655
Investment Income $0
Other Revenue $0
TOTAL REVENUE $360,868

Expense Breakdown

Grants Paid $27,282
Salaries & Benefits $93,019
Fundraising Expenses $13,323
Program Expenses $290,960
Other Expenses $227,995
TOTAL EXPENSES $348,296

Year-over-Year Comparison

2024 2023 Change
Revenue $360,868 $293,645 +0.2%
Expenses $348,296 $286,464 +0.2%
Net Income $12,572 $7,181 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
2
Employees
10
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$47,000
Total Directors
4
$47,000
Key Employees
2
$52,520
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J Alain Ferry President and Director 32
Officer Director Key Emp Highest
$47,000 $0 $47,000
Bradley Mish Accountant 3
Key Emp
$5,520 $0 $5,520
Kathleen Ferry Treasurer and Director 5
Officer Director
$0 $0 $0
Thomas Lapsley Director 0
Director
$0 $0 $0
Carla Picklesimer Director 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $360,868 $348,296 $60,443 $12,572
2023 $293,645 $286,464 $32,753 $7,181
2022 $182,886 $213,774 $33,818 $-30,888
2021 $193,897 $202,037 $54,690 $-8,140
2020 $161,232 $180,562 $78,743 $-19,330
2019 $303,904 $315,350 $115,858 $-11,446
2018 $362,957 $305,781 $169,240 $57,176
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