Pedal The Cause
- Assets
- $1.5m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 9
- Location
- St Louis, MO
- Founding
- 08/2010
- Data as of
- 12/2023
- EIN
- 27-2233336
Organization Overview
Pedal The Cause is located in St Louis, MO. The organization was established in 2010. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Pedal The Cause employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pedal The Cause 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 12/2023, Pedal The Cause generated $7.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.3m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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.
Since 2015, Pedal The Cause has awarded 20 individual grants totaling $40,453,835. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AN ANNUAL FUNDRAISING BIKE CHALLENGE TO RAISE AWARENESS AND FUNDS FOR CANCER RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, OVER 3,200 ADULTS AND CHILDREN PARTICIPATED IN PEDAL THE CAUSE, SUPPORTED BY 700 VOLUNTEERS, WHO TOGETHER RAISED OVER $5.0 MILLION TO FUND CANCER RESEARCH. OVER THE PAST 14 YEARS, PEDAL THE CAUSE HAS CUMULATIVELY DONATED $45.8 MILLION - SUPPORTING 219 ADULT AND PEDIATRIC CANCER RESEARCH PROJECTS. MAJOR BREAKTHROUGHS MADE POSSIBLE BY PEDAL THE CAUSE FUNDS INCLUDE THE DEVELOPMENT OF DNA AND PEPTIDE VACCINES FOR MULTIPLE CANCER TYPES, CANCER GOGGLES TO HELP SURGEONS SEE CANCER CELLS, IMMUNOTHERAPY HARNESSING OUR BODY'S 'NATURAL KILLER' CELLS AND CUTTING-EDGE RESEARCH IN THE UNDERSTANDING OF CANCER STEM-CELLS.(SEE SCHEDULE O)PEDAL THE CAUSE FUNDS HAVE BEEN INSTRUMENTAL IN OBTAINING SPORE (SPECIALIZED PROGRAMS OF RESEARCH EXCELLENCE) GRANTS IN LEUKEMIA AND PANCREATIC CANCER, WHICH LEAD A NATIONAL GROUP OF EXPERTS IN COLLABORATIVE RESEARCH. PEDAL THE CAUSE FUNDED CLINICAL TRIALS ARE A KEY COMPONENT OF THE ROBUST CLINICAL TRIAL PROGRAM AT SITEMAN CANCER CENTER, WHICH RANKS AS THE LARGEST CANCER CLINICAL TRIALS PROGRAM IN THE MIDWEST AND THIRD LARGEST IN THE COUNTRY.FOR EVERY $1 PEDAL THE CAUSE DONATES TO CANCER RESEARCH, RESEARCHERS HAVE SUCCESSFULLY ATTRACTED SIGNIFICANT ADDITIONAL EXTERNAL FUNDING TO FURTHER THEIR RESEARCH, AVERAGING $13 FOR EVERY $1 INITIAL AWARD.SIGNIFICANT 2023 EXTERNAL FUNDING INCLUDED: -$2.8M AWARD FROM THE NATIONAL INSTITUTE OF HEALTH FOR ADVANCING A NEW IMAGING TECHNOLOGY THAT MAY REDUCE SURGERIES REQUIRED FOR RECTAL CANCER PATIENTS FROM A 2020 PEDAL THE CAUSE GRANT.-$10.9M NATIONAL CANCER INSTITUTE 5-YEAR SPORE GRANT FOR CLINICAL TRAILS AIMED AT IMPROVING THERAPIES FOR PANCREATIC DUCTAL ADENOCARCINOMA FROM ALL STEMMING FROM A PEDAL THE CAUSE GRANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Timmons President | OfficerTrustee | 2 | $0 |
David Moons Vice President | OfficerTrustee | 2 | $0 |
Renee Van Horn Secretary | OfficerTrustee | 2 | $0 |
David Yonce Treasurer | OfficerTrustee | 2 | $0 |
Brian Ashworth Immediate Past President | OfficerTrustee | 2 | $0 |
Ed Alizadeh Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,233 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,631,101 |
| Noncash contributions included in lines 1a–1f | $163,069 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,695,334 |
| Total Program Service Revenue | $406,030 |
| Investment income | $40,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$57,531 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,798 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,102,159 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,003,916 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $253,505 |
| Other salaries and wages | $546,995 |
| Pension plan accruals and contributions | $9,241 |
| Other employee benefits | $57,184 |
| Payroll taxes | $60,661 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $524 |
| Fees for services: Accounting | $81,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,825 |
| Advertising and promotion | $138,409 |
| Office expenses | $44,105 |
| Information technology | $44,619 |
| Royalties | $0 |
| Occupancy | $45,745 |
| Travel | $13,014 |
| 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 | $16,354 |
| Insurance | $28,186 |
| All other expenses | $955,658 |
| Total functional expenses | $7,301,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $798,632 |
| Pledges and grants receivable | $424,608 |
| Accounts receivable, net | $79,180 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,283 |
| Net Land, buildings, and equipment | $37,309 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,144 |
| Total assets | $1,476,656 |
| Accounts payable and accrued expenses | $118,821 |
| Grants payable | $0 |
| 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 | $119,888 |
| Total liabilities | $238,709 |
| Net assets without donor restrictions | $728,713 |
| Net assets with donor restrictions | $509,234 |
| 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 | $1,476,656 |
Grants Awarded
Over the last fiscal year, Pedal The Cause has awarded $5,003,916 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SITEMAN KIDS AT STL CHILDREN'S HOSPITAL (STL CHILDREN'S HOSP FOUND) PURPOSE: SUPPORT CANCER RESEARCH | $1,501,175 |
SITEMAN CANCER CENTER (FOUNDATION FOR BARNES JEWISH HOSP) PURPOSE: SUPPORT CANCER RESEARCH | $3,502,741 |