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 Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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.

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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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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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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