PELOTONIA

EIN: 824997087 501(c)(3) Education

COLUMBUUS, OH

Total Revenue
$34,682,517
Total Expenses
$33,761,744
Total Assets
$33,500,956
Net Assets
$20,117,126
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
OH
Principal Officer
JOE APGAR
Phone
6142216100
Tax Period
2023-01-01 to 2023-12-31

PELOTONIA, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $34.7M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

AT PELOTONIA WE'RE DRIVEN BY OUR MISSION: TO ENGAGE, INSPIRE, AND CHALLENGE A COMMUNITY COMMITTED TO CHANGE THE WORLD BY ACCELERATING INNOVATIVE CANCER RESEARCH.

Program Service Accomplishments

Program 1
Expenses: $27,773,281 Revenue: $134,984

PELOTONIA SUPPORTS HIGH-RISK, HIGH-REWARD CANCER RESEARCH INITIATIVES AT THE OHIO STATE UNIVERSITY COMPREHENSIVE CANCER CENTER ARTHUR G. JAMES CANCER HOSPITAL AND SOLOVE RESEARCH INSTITUTE. THE FUNDS...

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PELOTONIA SUPPORTS HIGH-RISK, HIGH-REWARD CANCER RESEARCH INITIATIVES AT THE OHIO STATE UNIVERSITY COMPREHENSIVE CANCER CENTER ARTHUR G. JAMES CANCER HOSPITAL AND SOLOVE RESEARCH INSTITUTE. THE FUNDS RAISED SUPPORT PROJECTS THAT ADDRESS MANY AREAS OF CANCER RESEARCH, INCLUDING PREVENTION, DIAGNOSIS, TREATMENT, PSYCHOSOCIAL ISSUES, ACCELERATED DRUG DEVELOPMENT, AND LARGE INITIATIVES THAT HELP CHANGE THE LANDSCAPE OF CANCER CARE AND OFFER HELP AND HOPE TO PATIENTS AND FAMILIES FROM AROUND THE WORLD. PELOTONIA FUNDS ARE NOT RESTRICTED TO SPECIFIC CANCER TYPES, ALLOWING US TO INVEST IN INNOVATION ACROSS ALL CANCERS, FUNDING THE HIGHEST PRIORITY AND QUALITY RESEARCH ANNUALLY. SEE SCHEDULE O.IN FY 2023, PELOTONIA AWARDED FELLOWSHIP PROGRAM AWARDS TO EMPOWER YOUNG INNOVATORS ACROSS ACADEMIC FIELDS AND DISCIPLINES TO PURSUE A CAREER IN CANCER RESEARCH; IDEA GRANTS TO ENABLE SCIENTISTS TO PURSUE NEW APPROACHES TO CANCER RESEARCH; AND STATEWIDE INITIATIVE GRANTS FOCUSED ON ASSESSING SURVIVAL AND QUALITY OF LIFE FOR ADVANCED STAGE LUNG CANCER, SMOKING CESSATION, AND REDUCING THE HIGH BREAST CANCER MORTALITY AMONG AFRICAN AMERICAN WOMEN IN OHIO. PELOTONIA CONTINUED ONGOING PROGRAMMATIC INVESTMENTS IN THE PELOTONIA INSTITUTE FOR IMMUNO-ONCOLOGY (PIIO); A COMPREHENSIVE BENCH-TO-BEDSIDE RESEARCH INITIATIVE FOCUSED ON HARNESSING THE IMMUNE SYSTEM TO FIGHT CANCER; RECRUITMENT AND RETENTION OF TOP CANCER SCIENTISTS; SOPHISTICATED EQUIPMENT REQUIRED FOR CUTTING-EDGE CANCER DISCOVERIES; STRATEGIC RESEARCH INVESTMENTS IN THE DRUG DEVELOPMENT INSTITUTE; DIGITAL PATHOLOGY; AND TOTAL CANCER CARE PROTOCOL PROGRAMS AT THE OSUCCC - JAMES.

Program 2
Expenses: $2,615,640 Revenue: $0

IN 2022, PELOTONIA, IN COLLABORATION WITH VICTORIA'S SECRET AND THE AMERICAN ASSOCIATION OF CANCER RESEARCH, ESTABLISHED "THE VICTORIA'S SECRET GLOBAL FUND FOR WOMEN'S CANCERS," TO SUPPORT RESEARCH...

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IN 2022, PELOTONIA, IN COLLABORATION WITH VICTORIA'S SECRET AND THE AMERICAN ASSOCIATION OF CANCER RESEARCH, ESTABLISHED "THE VICTORIA'S SECRET GLOBAL FUND FOR WOMEN'S CANCERS," TO SUPPORT RESEARCH AIMED AT PREVENTING, DETECTING, TREATING AND SUPPORTING THE SURVIVORSHIP OF WOMEN WITH CANCER AND INVESTING IN THE NEXT GENERATION OF WOMEN SCIENTISTS WHO REPRESENT THE DIVERSE POPULATION THEY SERVE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $35,345,064
Program Service Revenue $0
Investment Income $641,147
Other Revenue $-1,303,694
TOTAL REVENUE $34,682,517

Expense Breakdown

Grants Paid $27,567,089
Salaries & Benefits $3,096,610
Fundraising Expenses $1,011,640
Program Expenses $30,388,921
Other Expenses $3,098,045
TOTAL EXPENSES $33,761,744

Year-over-Year Comparison

2023 2022 Change
Revenue $34,682,517 $24,079,692 +0.4%
Expenses $33,761,744 $30,776,493 +0.1%
Net Income $920,773 $-6,696,801 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
27
Volunteers
3250

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
7
$2,322,450
Total Directors
12
$762,473
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABIGAIL WEXNER DIRECTOR 0.25
Director
$0 $0 $0
BOBBY SCHOTTENSTEIN CHAIR AND DIRECTOR 0.25
Director
$0 $0 $0
CAROL BRADFORD MD MS FACS DIRECTOR 0.25
Director
$0 $0 $0
CINDY HILSHEIMER DIRECTOR 0.25
Director
$0 $0 $0
DAN ROSENTHAL DIRECTOR 0.25
Director
$0 $0 $0
JULIE SLOAT DIRECTOR 0.25
Director
$0 $0 $0
PETER MOHLER PHD DIRECTOR 0.25
Director
$0 $0 $0
RAPHAEL POLLOCK MD PHD DIRECTOR 0.25
Director
$0 $0 $0
RENEE CACCHILLO DIRECTOR 0.25
Director
$0 $0 $0
STEVE STEINOUR DIRECTOR 0.25
Director
$0 $0 $0
VICTOR CRAWFORD DIRECTOR 0.25
Director
$0 $0 $0
DOUG ULMAN CEO 40.00
Officer Director
$723,529 $38,944 $762,473
JOSEPH APGAR PRESIDENT 40.00
Officer
$434,495 $38,205 $472,700
NICHOLAS DENBY CHIEF FINANCIAL OFFICER 40.00
Officer
$289,185 $35,792 $324,977
LAUREN GRAHAM DIRECTOR OF EVENT OPERATIO 40.00
Officer
$118,675 $10,354 $129,029
JILLIAN LONDINO DIRECTOR OF OPERATIONS AND 40.00
Officer
$139,150 $10,960 $150,110
ERIC OLSAVSKY VP OF COMMUNITY ENGAGEMENT 40.00
Officer
$182,953 $32,592 $215,545
ALIDA SMITH CHIEF MARKETING OFFICER 40.00
Officer
$257,765 $9,851 $267,616
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
2024 No data No data No data No data
2023 $34,682,517 $33,761,744 $33,500,956 $920,773
2022 $24,079,692 $30,776,493 $21,447,585 $-6,696,801
2021 $34,892,875 $24,462,506 $27,807,886 $10,430,369
2020 $14,563,498 $18,591,882 $25,381,696 $-4,028,384
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