Runway To Hope Inc
- Assets
- $525.3k
- Revenue
- $939.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Orlando, FL
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-3272616
Organization Overview
Runway To Hope Inc is located in Orlando, FL. The organization was established in 2011. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. As of 12/2022, Runway To Hope Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Runway To Hope 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 12/2022, Runway To Hope Inc generated $939.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $699.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Runway To Hope Inc has awarded 18 individual grants totaling $2,471,767. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT FAMILIES, PRIMARILY IN CENTRAL FLORIDA, FIGHTING PEDIATRIC CANCER WHILE SEEKING A CURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RUNWAY TO HOPE FAMILY ASSISTANCE PROGRAM - FUNDS ARE USED TO OFFER DIRECT FINANCIAL SUPPORT TO CENTRAL FLORIDA CHILDREN AND THEIR FAMILIES BATTLING PEDIATRIC CANCER BY PAYING FOR NECESSITIES SUCH AS MORTGAGE/RENT, CAR PAYMENT/REPAIRS, UTILITIES, FOOD, GAS, AND AT TIMES, END OF LIFE EXPENSES. DIRECT FINANCIAL ASSISTANCE AIDS IN ALLEVIATING THE STRESS ON THE CHILD'S PARENT(S) DURING THE COURSE OF TREATMENT SO THEY CAN FOCUS ON THE MOST IMPORTANT THING, THEIR CHILD'S LIFE.
RUNWAY TO HOPE SUPPORTS RESEARCH AND MULTIDISCIPLINARY TREATMENT OPTIONS AT OUR THREE LOCAL CENTRAL FLORIDA CHILDREN'S HOSPITALS: ADVENTHEALTH FOR CHILDREN, ARNOLD PALMER CHILDREN'S HOSPITAL, AND NEMOURS CHILDREN'S HEALTH. WITH A FOCUS ON NOT DUPLICATING SERVICES THAT ALREADY EXIST IN OUR COMMUNITY, RUNWAY TO HOPE'S HOSPITAL FUNDING IS EARMARKED FOR SPECIFIC PEDIATRIC ONCOLOGY PROGRAMS AT EACH HOSPITAL IN ORDER TO CREATE LIFESAVING TREATMENT OPTIONS SO FAMILIES DO NOT HAVE TO TRAVEL AWAY FROM THEIR HOME IN ORDER TO SAVE THEIR CHILD'S LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Lockner Executive Director | Officer | 45 | $78,044 |
Scott Friedman Director | Trustee | 5 | $0 |
Sarah Grafton Director | Trustee | 5 | $0 |
Dr Edward Guindi Director | Trustee | 5 | $0 |
John Hill Director | Trustee | 5 | $0 |
Brenda Lounsberry Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $718,190 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $187,155 |
| Noncash contributions included in lines 1a–1f | $130,166 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $905,345 |
| Total Program Service Revenue | $30,214 |
| Investment income | $8,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,879 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $939,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,372 |
| Grants and other assistance to domestic individuals. | $184,593 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,004 |
| Compensation of current officers, directors, key employees. | $29,851 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,869 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,517 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,379 |
| Office expenses | $17,435 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $802 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $699,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,097 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,983 |
| Investments—publicly traded securities | $223,255 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $53,980 |
| Total assets | $525,315 |
| Accounts payable and accrued expenses | $1,728 |
| Grants payable | $0 |
| Deferred revenue | $80,067 |
| 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 | $53,980 |
| Total liabilities | $135,775 |
| Net assets without donor restrictions | $389,540 |
| 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 | $525,315 |
Grants Awarded
Over the last fiscal year, Runway To Hope Inc has awarded $75,372 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENT HEALTH PURPOSE: Program Support | $25,000 |
ARNOLD PALMER HOSPITAL FOR CHILDREN PURPOSE: Program Support | $25,912 |
NEMOURS CHILDREN'S HOSPITAL PURPOSE: Program Support | $24,460 |