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

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GuideStar Charity Check

EIN: 11-3822037

Contributions tax deductible
as of March 2023

IRS BMF 509(a)(1)
as of March 13, 2023

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Charity Check report

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)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

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

Family Grants Program

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

Legacy Videos for Terminal Patients

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

External reviews

Photos

Financials

RUNWAY FOR RECOVERY INC

Fiscal year: Jul 01 - Jun 30

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020

SOURCE: IRS Form 990

176.76

Average of 26.12 over 7 years

Months of cash in 2020

SOURCE: IRS Form 990

5.4

Average of 3.5 over 7 years

Fringe rate in 2020

SOURCE: IRS Form 990

32%

Average of 5% over 7 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

RUNWAY FOR RECOVERY INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$143,991
Program Services	$35,288
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$179,279

Expenses
Grants	$10,270
Salaries & Employee Benefits	$0
Professional Fees	$850
Occupancy	$0
Printing, Publications, Postage, etc.	$4,078
Other Expenses	$164,193
Total Expenses	$179,391
Net Gain/Loss	($112)

Revenue
Contributions	$150,466
Program Services	$45,594
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$196,060

Expenses
Grants	$10,000
Salaries & Employee Benefits	$0
Professional Fees	$1,600
Occupancy	$1,665
Printing, Publications, Postage, etc.	$3,350
Other Expenses	$154,400
Total Expenses	$171,015
Net Gain/Loss	$25,045

Revenue
Contributions	$187,212
Government Grants	$0
Program Services	$58,081
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$245,293

Expenses
Program Services	$260,266
Administration	$2,560
Fundraising	$5,860
Total Expenses	$268,686
Net Gain/Loss	($23,393)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$1,195
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$204,385
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	($131,429)
Sales	$0
Other	$0
Total Revenue	$72,956

Expenses
Program Services	$67,292
Administration	$3,077
Fundraising	$9,457
Total Expenses	$79,826
Net Gain/Loss	($6,870)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$221,653
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	($137,174)
Sales	$0
Other	$0
Total Revenue	$84,479

Expenses
Program Services	$19,914
Administration	$14,201
Fundraising	$11,073
Total Expenses	$45,188
Net Gain/Loss	$39,291

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$3,356
Information Technology Expenses	$0
Insurance Expenses	$176
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$493,798
Government Grants	$0
Program Services	$58,129
Investments	$0
Special Events	($147,296)
Sales	$0
Other	$0
Total Revenue	$404,631

Expenses
Program Services	$173,556
Administration	$69,896
Fundraising	$68,257
Total Expenses	$311,709
Net Gain/Loss	$92,922

Functional expenses
Accounting Fees	$3,051
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$1,901
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

RUNWAY FOR RECOVERY INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

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: Download Data

Assets	Jul 01, 2013	Jun 30, 2014	Change
Contributions	$143,991
Cash & Equivalents	$463	$1,031	$568
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$4,990	$11,264	$6,274
Total Assets	$5,453	$12,295	$6,842

Liabilities	Jul 01, 2013	Jun 30, 2014	Change
Total Liabilities	$149	$7,103	$6,954

Fund balance	Jul 01, 2013	Jun 30, 2014	Change
Net Assets	$5,304	$5,192	($112)

Assets	Jul 01, 2014	Jun 30, 2015	Change
Contributions	$150,466
Cash & Equivalents	$1,031	$15,824	$14,793
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$11,264	$19,423	$8,159
Total Assets	$12,295	$35,247	$22,952

Liabilities	Jul 01, 2014	Jun 30, 2015	Change
Total Liabilities	$7,103	$5,010	($2,093)

Fund balance	Jul 01, 2014	Jun 30, 2015	Change
Net Assets	$5,192	$30,237	$25,045

Assets	Jul 01, 2015	Jun 30, 2016	Change
Contributions	$187,212
Cash & Equivalents	$15,824	$8,313	($7,511)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$4,800	$0	($4,800)
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$3,352	$2,035	($1,317)
Other	$11,271	$9,856	($1,415)
Total Assets	$35,247	$20,204	($15,043)

Liabilities	Jul 01, 2015	Jun 30, 2016	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$149	$149	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$4,861	$13,211	$8,350
Total Liabilities	$5,010	$13,360	$8,350

Fund balance	Jul 01, 2015	Jun 30, 2016	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$30,237	$6,844	($23,393)
Net Assets	$30,237	$6,844	($23,393)

Assets	Jul 01, 2016	Jun 30, 2017	Change
Contributions	$204,385
Cash & Equivalents	$8,313	$9,976	$1,663
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$2,035	$717	($1,318)
Other	$9,856	$8,191	($1,665)
Total Assets	$20,204	$18,884	($1,320)

Liabilities	Jul 01, 2016	Jun 30, 2017	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$149	$149	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$13,211	$18,761	$5,550
Total Liabilities	$13,360	$18,910	$5,550

Fund balance	Jul 01, 2016	Jun 30, 2017	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$6,844	($26)	($6,870)
Net Assets	$6,844	($26)	($6,870)

Assets	Jul 01, 2018	Jun 30, 2019	Change
Contributions	$221,653
Cash & Equivalents	$26,626	$62,477	$35,851
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$2,484	$2,484
Other	$6,527	$5,000	($1,527)
Total Assets	$33,153	$69,961	$36,808

Liabilities	Jul 01, 2018	Jun 30, 2019	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$149	$149	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$14,978	$12,495	($2,483)
Total Liabilities	$15,127	$12,644	($2,483)

Fund balance	Jul 01, 2018	Jun 30, 2019	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$18,026	$57,317	$39,291
Net Assets	$18,026	$57,317	$39,291

Assets	Jul 01, 2019	Jun 30, 2020	Change
Contributions	$493,798
Cash & Equivalents	$62,477	$139,107	$76,630
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$4,089	$4,089
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$2,484	$1,731	($753)
Other	$5,000	$0	($5,000)
Total Assets	$69,961	$151,026	$81,065

Liabilities	Jul 01, 2019	Jun 30, 2020	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$149	$0	($149)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$12,495	$787	($11,708)
Total Liabilities	$12,644	$787	($11,857)

Fund balance	Jul 01, 2019	Jun 30, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$57,317	$150,239	$92,922
Net Assets	$57,317	$150,239	$92,922

RUNWAY FOR RECOVERY INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

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.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2016	2017	2019	2020
Unrestricted surplus (deficit) before depreciation	-$20,411	-$3,887	$40,957	$93,676
As % of expenses	-7.7%	-5.1%	94.1%	30.1%
Unrestricted surplus (deficit) after depreciation	-$23,393	-$6,870	$39,291	$92,922
As % of expenses	-8.7%	-8.6%	87.0%	29.8%

Revenue composition
Total revenue (unrestricted & restricted)	$245,293	$72,956	$84,479	$404,631
Total revenue, % change over prior year	0.0%	-70.3%	0.0%	379.0%
Program services revenue	23.7%	0.0%	0.0%	14.4%
Membership dues	0.0%	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	76.3%	100.0%	100.0%	85.6%
Other revenue	0.0%	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$265,704	$76,843	$43,522	$310,955
Total expenses, % change over prior year	0.0%	-71.1%	0.0%	614.5%
Personnel	0.0%	0.0%	0.0%	40.9%
Professional fees	0.0%	0.0%	10.4%	10.8%
Occupancy	0.0%	0.0%	2.8%	2.8%
Interest	0.0%	0.0%	0.0%	0.0%
Pass-through	20.7%	71.9%	44.1%	27.3%
All other expenses	79.3%	28.1%	42.8%	18.3%

Full cost components (estimated)	2016	2017	2019	2020
Total expenses (after depreciation)	$268,686	$79,826	$45,188	$311,709
One month of savings	$22,142	$6,404	$3,627	$25,913
Debt principal payment	$0	$0	$0	$0
Fixed asset additions	$0	$0	$4,150	$0
Total full costs (estimated)	$290,828	$86,230	$52,965	$337,622

Capital structure indicators

Liquidity	2016	2017	2019	2020
Months of cash	0.4	1.6	17.2	5.4
Months of cash and investments	0.4	1.6	17.2	5.4
Months of estimated liquid unrestricted net assets	0.2	-0.1	15.1	5.7

Balance sheet composition	2016	2017	2019	2020
Cash	$8,313	$9,976	$62,477	$139,107
Investments	$0	$0	$0	$0
Receivables	$0	$0	$0	$6,099
Gross land, buildings, equipment (LBE)	$3,952	$3,952	$6,576	$6,576
Accumulated depreciation (as a % of LBE)	48.5%	81.9%	62.2%	73.7%
Liabilities (as a % of assets)	66.1%	100.1%	18.1%	0.5%
Unrestricted net assets	$6,844	-$26	$57,317	$150,239
Temporarily restricted net assets	$0	$0	$0	N/A
Permanently restricted net assets	$0	$0	$0	N/A
Total restricted net assets	$0	$0	$0	$0
Total net assets	$6,844	-$26	$57,317	$150,239

Key data checks

Key data checks	2016	2017	2019	2020
Material data errors	No	No	No	No

Operations

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

Documents

Letter of Determination

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

Show data for fiscal year

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

Candid has made improvements to the race and ethnicity options.

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 (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

RUNWAY FOR RECOVERY INC

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

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

Our programs

Model Support Services

Family Grants Program

Legacy Videos for Terminal Patients

Where we work

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2020 info

176.76

Months of cash in 2020 info

5.4

Fringe rate in 2020 info

32%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

RUNWAY FOR RECOVERY INC

RUNWAY FOR RECOVERY INC

RUNWAY FOR RECOVERY INC

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Olivia Achtmeyer Boger

Number of employees

RUNWAY FOR RECOVERY INC

Compensation data

RUNWAY FOR RECOVERY INC

Board of directors data

Bill Achtmeyer

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2020

Months of cash in 2020

Fringe rate in 2020

Funding sources

Assets & liabilities