GOLD2023

RUNWAY FOR RECOVERY INC

The Runway is Shorter When We Walk Together can be shortened to When We Walk Together.

Newburyport, MA   |  www.runwayforrecovery.org
GuideStar Charity Check

RUNWAY FOR RECOVERY INC

EIN: 11-3822037


Mission

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.

Ruling year info

2011

Principal Officer

Olivia Achtmeyer Boger

Main address

29 Water Street Suite 216

Newburyport, MA 01950 USA

Show more contact info

EIN

11-3822037

Subject area info

Breast cancer

Family counseling

Women's services

Family services

Population served info

Children and youth

Families

Widows and widowers

Caregivers

NTEE code info

(Family Services) (P40)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Model Support Services

Runway finds ways to celebrate and highlight the lives of those affected by breast cancer and catalyze communities to support local families. In our ‘Model’ (a nod to our annual fashion show) or patient and survivor support services, we will continue to build programming and deliver a variety of services to our 50+ new models per year and the almost 250+ alumni models that we currently have in our community. Services include wellness retreats, therapy, and mentorship. Our support services are grounded in a strong evidence base that healing the ‘whole person’ is critical to recovery. Now, as our models deal with a variety of stressors and challenges brought on by the COVID-19 pandemic, we are offering a slice of ‘normalcy’ with our programming, including: virtual wine clubs, book clubs, nutrition, yoga and meditation. These experiences will provide our models with an ‘on-demand’ experience so they may choose services that are tailored to their interests and needs.

Population(s) Served
Chronically ill people
Terminally ill people
Women and girls

We direct funding through our Family Grants Program into services that significantly improve the lives of those who have lost a parent to breast cancer. Breast cancer crosses all demographic lines. Our Family Grants Program has a significant impact on the families we serve--who’s challenge is often two-fold: They are experiencing the real and lasting financial side effects of a loved one going through breast cancer treatment and currently fall into a systemic gap in services after the patient passed away. Recently, we took a look at those who were applying for Family Grant funding and found that a growing number were mothers who were diagnosed with Stage 4, Metastatic Breast Cancer. It seems that when someone faces an impossible reality, her first thought is her children; and the mothers who filled out our online application were focused on just that. In response to this, we have decided to expand to serve these families who are facing the stark possibility of future loss.

Population(s) Served
Parents
Economically disadvantaged people

With the help of a trained therapist and an incredible video team from Copper Hound Pictures, Runway is able to help terminal breast cancer patients make a lasting video for their children. Two mothers gave us their permission to share some of their videos with the world after they passed away in 2019 and 2020. They can be viewed on our website here: https://runwayforrecovery.org/legacyvideo/

Population(s) Served
Families
Widows and widowers
Terminally ill people
Families
Widows and widowers
Terminally ill people
Children and youth

Where we work

Financials

RUNWAY FOR RECOVERY INC
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 Runway for Recovery
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.26

Average of 20.58 over 9 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.7

Average of 3.3 over 9 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

36%

Average of 11% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

RUNWAY FOR RECOVERY INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

RUNWAY FOR RECOVERY INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

RUNWAY FOR RECOVERY INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of RUNWAY FOR RECOVERY INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2017 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$3,887 $40,957 $93,676 -$21,300 -$260,460
As % of expenses -5.1% 94.1% 30.1% -4.4% -31.8%
Unrestricted surplus (deficit) after depreciation -$6,870 $39,291 $92,922 -$22,052 -$261,103
As % of expenses -8.6% 87.0% 29.8% -4.6% -31.8%
Revenue composition info
Total revenue (unrestricted & restricted) $72,956 $84,479 $404,631 $459,856 $559,278
Total revenue, % change over prior year -70.3% 0.0% 379.0% 13.6% 21.6%
Program services revenue 0.0% 0.0% 14.4% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 100.0% 100.0% 85.6% 100.0% 100.0%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $76,843 $43,522 $310,955 $481,156 $819,739
Total expenses, % change over prior year -71.1% 0.0% 614.5% 54.7% 70.4%
Personnel 0.0% 0.0% 40.9% 32.7% 28.8%
Professional fees 0.0% 10.4% 10.8% 9.8% 24.5%
Occupancy 0.0% 2.8% 2.8% 1.0% 1.8%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 71.9% 44.1% 27.3% 25.0% 24.8%
All other expenses 28.1% 42.8% 18.3% 31.6% 20.2%
Full cost components (estimated) info 2017 2019 2020 2021 2022
Total expenses (after depreciation) $79,826 $45,188 $311,709 $481,908 $820,382
One month of savings $6,404 $3,627 $25,913 $40,096 $68,312
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $4,150 $0 $0 $0
Total full costs (estimated) $86,230 $52,965 $337,622 $522,004 $888,694

Capital structure indicators

Liquidity info 2017 2019 2020 2021 2022
Months of cash 1.6 17.2 5.4 4.1 0.7
Months of cash and investments 1.6 17.2 5.4 4.1 0.7
Months of estimated liquid unrestricted net assets -0.1 15.1 5.7 3.2 -2.0
Balance sheet composition info 2017 2019 2020 2021 2022
Cash $9,976 $62,477 $139,107 $166,280 $46,124
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $6,099 $29,786 $0
Gross land, buildings, equipment (LBE) $3,952 $6,576 $6,576 $6,576 $6,576
Accumulated depreciation (as a % of LBE) 81.9% 62.2% 73.7% 85.1% 94.9%
Liabilities (as a % of assets) 100.1% 18.1% 0.5% 37.8% 386.1%
Unrestricted net assets -$26 $57,317 $150,239 $128,187 -$132,916
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets -$26 $57,317 $150,239 $128,187 -$132,916

Key data checks

Key data checks info 2017 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Principal Officer

Olivia Achtmeyer Boger

Number of employees

Source: IRS Form 990

RUNWAY FOR RECOVERY INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

RUNWAY FOR RECOVERY INC

Board of directors
as of 02/16/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Bill Achtmeyer

Founder and Senior Managing Director of Acropolis

Lindsay Boger

Volunteer and Board Member

Kristina Coccoluto

Volunteer and Board Member

Maggie Corcoran

Volunteer and Board Member

Crystal Davis

Registered Nurse, Beth Israel Hospital

Maggie DeMont

Senior Vice President of Corporate Strategy at Houghton Mifflin Harcourt

Madeline Demoulas

Operations, Demoulas and Market Basket Supermarkets

Christina Fagan

Founder and CEO of Sh*t That I Knit

Dr. Leslie T. Fang

Former Firm Chief, Walter Bauer Firm, Medical Services, Massachusetts General Hospital

Kristin Ferrari

Volunteer and Board Member

Randall Kennedy

Michael R. Klein Professor of Law, Harvard University

Ashley Keeney

Lecturer, D'Amore-McKim School of Business at Northeastern University Consultant

Kimberly Ahrendt Furnald

Estate Planning and Private Business Solutions, Penn Mutual

Tim Llewellyn

Founder, Copper Hound Pictures

Kathryn Lorusso

Volunteer and Board Member

Suzanne Lowell

President and Lead Designer for Suzanne B. Lowell Lighting Design, Inc.

Henry McNamara

Partner, Great Oaks Venture Capital

Ginger Bailey Pearson

Assistant Vice President for Advancement Administration at Babson College

Abbey Redmond

Volunteer and Board Member

J. Sedwick “Wick” Sollers III

Chair, Government Matters Practice Group, King and Spaulding (Washington, D.C.)

Beth Summers

Volunteer and Board Member

James Ward

Partner, Artemis

Organizational demographics

SOURCE: Self-reported; last updated 3/1/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data