Runway For Recovery Inc
- Assets
- $206.3k
- Revenue
- $459.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Newburyport, MA
- Founding
- 02/2011
- Data as of
- 06/2021
- EIN
- 11-3822037
Organization Overview
Runway For Recovery Inc is located in Newburyport, MA. The organization was established in 2011. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Runway For Recovery Inc 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 06/2021, Runway For Recovery Inc generated $459.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $481.9k during the year ending 06/2021. While expenses have increased by 10.2% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RUNWAY FOR RECOVERY PROVIDES FAMILIES WITH A CONTINUUM OF SUPPORT ALONG THEIR JOURNEY WITH BREAST CANCER. WE CREATE COMMUNITY BY HOSTING EVENTS AND PROVIDING SERVICES THAT CREATE JOY AND INSPIRE HOPE. WITH SHARED UNDERSTANDING WE CELEBRATE SURVIVORS, HONOR LEGACIES, AND FUND FAMILIES WHO HAVE EXPERIENCED LOSS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FAMILY GRANTS AND PROFESSIONAL SOCIAL WORK PARTNERS FOR 12 MONTHS TO 10 BEREAVED FAMILIES. WE EXTENDED OUR SERVCES AND FUNDING FOR ALL OF OUR FAMILIES DUE TO THE PANDEMIC.
SUCCESSFULLY HELD OUR CORNERSTONE EVENT, THE RUNWAY SHOW, AS A VIRTUAL EVENT.
CONTINUED TO SUPPPORT OUR MODEL COMMUNITY WHICH HAS GROWN TO OVER 550 PEOPLE IMPACTED BY BREAST CANCER (PRE-VIVORS, SURVIVORS, THRIVERS, THOSE WHO HAVE LOST A PARENT TO THE DISEASE) THROUGH VIRTUAL PROGRAMMING, NEW VOLUNTEER SUPPORT, AND SPRING IN-PERSON PROGRAMMING.
ALL OTHER EXPENSES NEEDED TO OPERATE THE NONPROFIT PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Demont Treasurer | OfficerTrustee | 3 | $0 |
Ashley Keeney Secretary | OfficerTrustee | 3 | $0 |
William Achtmeyer Chairman | OfficerTrustee | 3 | $0 |
Lindsay Boger Board Member | Trustee | 3 | $0 |
Madeline Demoulas Board Member | Trustee | 1 | $0 |
Kristina Coccoluto Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $251,660 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $418,195 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,661 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $459,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $120,163 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $121,341 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,419 |
| Payroll taxes | $8,463 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $17,659 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,286 |
| Advertising and promotion | $0 |
| Office expenses | $32,962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,966 |
| Travel | $2,220 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $752 |
| Insurance | $534 |
| All other expenses | $5,811 |
| Total functional expenses | $481,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,280 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $26,746 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $3,040 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,010 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $206,254 |
| Accounts payable and accrued expenses | $19,859 |
| Grants payable | $56,540 |
| 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 | $1,668 |
| Total liabilities | $78,067 |
| Net assets without donor restrictions | $128,187 |
| 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 | $206,254 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Runway For Recovery Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Health Center Of Worcester Inc Worcester, MA | $12,676,950 | $56,870,646 |
Family Service League Inc Huntington, NY | $59,056,765 | $58,964,732 |
The Village For Families & Children Inc Hartford, CT | $142,375,590 | $47,142,343 |
East Bay Community Action Program Newport, RI | $25,998,847 | $43,894,385 |
Wayside Youth & Family Support Network Framingham, MA | $43,783,869 | $41,380,096 |
Child & Family Services Inc New Bedford, MA | $21,919,965 | $37,057,328 |
Family Services Of Westchester Inc Purchase, NY | $15,513,115 | $28,897,436 |
Child & Family Services Of Erie County Buffalo, NY | $11,859,007 | $28,079,728 |
Cooke School And Institute New York, NY | $87,858,830 | $28,836,846 |
Jewish Family And Childrens Service Waltham, MA | $38,756,432 | $27,576,900 |
Catholic Charities Inc Archdiocese Of Hartford Hartford, CT | $26,530,835 | $26,513,389 |
Family Service Association Of Greater Fall River Inc Fall River, MA | $29,353,620 | $20,876,464 |