Pelotonia
- Assets
- $27.8m
- Revenue
- $34.9m
- Investments
- $0.0
- Employees
- 19
- Location
- Columbuus, OH
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-4997087
Organization Overview
Pelotonia is located in Columbuus, OH. The organization was established in 2019. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, Pelotonia employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pelotonia 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 12/2021, Pelotonia generated $34.9m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 54.8% each year . All expenses for the organization totaled $24.5m during the year ending 12/2021. While expenses have increased by 14.7% per year over the past 2 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
PELOTONIA EXISTS TO ENGAGE, INSPIRE, AND CHALLENGE A COMMUNITY COMMITTED TO CHANGE THE WORLD BY ACCELERATING INNOVATIVE CANCER RESEARCH. SINCE ITS FOUNDING IN 2008, PELOTONIA HAS RAISED OVER $238 MILLION WHICH HAS BEEN INVESTED IN HIGH-IMPACT CANCER RESEARCH INCLUDING PREVENTION, DIAGNOSTICS, AND TREATMENT, AS WELL AS THE LAUNCH OF THE PELOTONIA INSTITUTE FOR IMMUNO-ONCOLOGY. AS A CENTERPIECE OF ITS YEAR-ROUND FUNDRAISING EFFORTS, PELOTONIA HOSTS A THREE-DAY EXPERIENCE THAT INCLUDES A WEEKEND OF CYCLING, ENTERTAINMENT, AND VOLUNTEERISM. THANKS TO ITS GENEROUS FUNDING PARTNERS, PELOTONIA IS ABLE TO DIRECT 100 PERCENT OF EVERY COMMUNITY-RAISED DOLLAR TO CANCER RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PELOTONIA SUPPORTS HIGH-RISK, HIGH-REWARD CANCER RESEARCH INITIATIVES AT THE OHIO STATE UNIVERSITY COMPREHENSIVE CANCER CENTER ARTHUR G. JAMES CANCER HOSPITAL AND SOLOVE RESEARCH INSTITUTE. THE FUNDS RAISED SUPPORT PROJECTS THAT ADDRESS MANY AREAS OF CANCER RESEARCH, INCLUDING PREVENTION, DIAGNOSIS, TREATMENT, PSYCHOSOCIAL ISSUES, ACCELERATED DRUG DEVELOPMENT, AND LARGE INITIATIVES THAT HELP CHANGE THE LANDSCAPE OF CANCER CARE AND OFFER HELP AND HOPE TO PATIENTS AND FAMILIES FROM AROUND THE WORLD. PELOTONIA FUNDS ARE NOT RESTRICTED TO SPECIFIC CANCER TYPES, ALLOWING US TO INVEST IN INNOVATION ACROSS ALL CANCERS, FUNDING THE HIGHEST PRIORITY AND QUALITY RESEARCH ANNUALLY. IN FY 2021, PELOTONIA NEWLY AWARDED 40 FELLOWSHIP PROGRAM AWARDS TO EMPOWER YOUNG INNOVATORS ACROSS ACADEMIC FIELDS AND DISCIPLINES TO PURSUE A CAREER IN CANCER RESEARCH, 8 IDEA GRANTS TO ENABLE SCIENTISTS TO PURSUE NEW APPROACHES TO CANCER RESEARCH, AND CONTINUES TO FUND STATEWIDE INITIATIVES FOCUSED ON ADVANCING CANCER SCREENING ACCESS AND PREVENTION OUTCOMES ACROSS THE STATE OF OHIO. PELOTONIA CONTINUED ONGOING PROGRAMMATIC INVESTMENTS IN THE PELOTONIA INSTITUTE FOR IMMUNO-ONCOLOGY (PIIO), A COMPREHENSIVE BENCH-TO-BEDSIDE RESEARCH INITIATIVE FOCUSED ON HARNESSING THE IMMUNE SYSTEM TO FIGHT CANCER; RECRUITMENT AND RETENTION OF TOP CANCER SCIENTISTS; THE EXPANSION OF A COLLABORATIVE CANCER ENGINEERING PROGRAM, SOPHISTICATED EQUIPMENT REQUIRED FOR CUTTING-EDGE CANCER DISCOVERIES; STRATEGIC RESEARCH INVESTMENTS IN THE DRUG DEVELOPMENT INSTITUTE, DIGITAL PATHOLOGY, AND TOTAL CANCER CARE PROTOCOL PROGRAMS AT THE OSUCCC JAMES AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas E Ulman CEO And Ex-Officio Directio | OfficerTrustee | 40 | $494,348 |
Joseph D Apgar President | OfficerTrustee | 40 | $257,042 |
Nicholas Denby CFO | OfficerTrustee | 40 | $218,468 |
Kristopher L Anderson Directo Of Event Production | OfficerTrustee | 40 | $153,790 |
Eric J Olsavsky VP Of Community Engagement & Partnerships | OfficerTrustee | 40 | $152,164 |
Jillian Londino Director - Operatioins & Strategic Projects | OfficerTrustee | 40 | $140,072 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cadence Event Management Llc Event Production | 12/30/21 | $137,538 |
Rightpoint Consulting Llc Software Development | 12/30/21 | $1,226,440 |
Fort Ventures Llc Creative Services | 12/30/21 | $162,000 |
Elevate Pictures Video Production | 12/30/21 | $370,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,844,649 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,844,649 |
| Total Program Service Revenue | $19,898,427 |
| Investment income | $34,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $107,306 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,892,875 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,396,911 |
| 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 | $1,650,073 |
| Other salaries and wages | $712,494 |
| Pension plan accruals and contributions | $71,793 |
| Other employee benefits | $239,952 |
| Payroll taxes | $147,191 |
| Fees for services: Management | $783,624 |
| Fees for services: Legal | $43,382 |
| Fees for services: Accounting | $57,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $284,054 |
| Advertising and promotion | $953,423 |
| Office expenses | $32,029 |
| Information technology | $277,919 |
| Royalties | $0 |
| Occupancy | $81,963 |
| Travel | $21,599 |
| 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 | $947,261 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,462,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,913,032 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,102,305 |
| Accounts receivable, net | $39,817 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $165,897 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $392,175 |
| Investments—publicly traded securities | $2,062 |
| Investments—other securities | $0 |
| Investments—program-related | $526,647 |
| Intangible assets | $1,665,951 |
| Other assets | $0 |
| Total assets | $27,807,886 |
| Accounts payable and accrued expenses | $519,233 |
| Grants payable | $0 |
| Deferred revenue | $1,368,304 |
| 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 | $0 |
| Total liabilities | $1,887,537 |
| Net assets without donor restrictions | $7,719,968 |
| Net assets with donor restrictions | $18,200,381 |
| 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 | $27,807,886 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Pelotonia has recieved totaling $7,650.
| Awarding Organization | Amount |
|---|---|
Cbc Foundation Novelty, OH PURPOSE: ANNUAL SUPPORT | $5,000 |
Caneel Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $400 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $100 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Western Michigan University Foundation Kalamazoo, MI | $431,026,780 | $43,479,998 |
Pelotonia Columbuus, OH | $27,807,886 | $34,892,875 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Foundation For Indiana University Of Pennsylvania Indiana, PA | $226,911,998 | $27,994,482 |
Miami University Foundation Inc Oxford, OH | $724,573,926 | $28,643,439 |
Bowling Green State University Foundation Inc Bowling Green, OH | $269,755,787 | $28,051,237 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
The University Of Toledo Foundation Toledo, OH | $690,162,176 | $41,543,760 |
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |