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Health : Medical Research

24 Foundation

A movement to fund cancer survivorship and navigation programs

three stars

86.51

801 East Morehead Street Suite 308
Charlotte, NC 28202
tel: (877) 365-4417   Web Site
EIN: 20-3768277

Board Leadership
Rasmus Pedersen
Chair

CEO
Katy Ryan
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.51 three stars
  Financial 84.42 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Founded in 2005, 24 Foundation (formerly 24 Hours of Booty) works to integrate community cancer fundraising and cycling to engage communities in support of cancer survivorship and navigation programs. We support and raise funds for local and national cancer organizations by conducting safe, fun and family-friendly bicycling events for all abilities. Our goal is to grow participation and fundraising by increasing the number of quality events held in communities worldwide.

Founded in 2005, 24 Foundation (formerly 24 Hours of Booty) works to integrate community cancer fundraising and cycling to engage communities in support of cancer survivorship and navigation programs. We support and raise funds for local and national cancer organizations by conducting safe, fun and family-friendly bicycling events for all abilities. Our goal is to grow participation and fundraising by increasing the number of quality events held in communities worldwide.

Impact Information

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Financial

three stars

84.42

Accountability & Transparency

three stars

89.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
83.0%
  Administrative Expenses 8.3%
  Fundraising Expenses 8.6%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.28
  Program Expenses Growth 13.1%
  Liabilities to Assets 40.5%
All data for Financial Performance Metrics calculations was provided by 24 Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by 24 Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
24 Foundation (NC) 86.51 three stars
MPN Research Foundation (IL) 89.44 three stars
Food Allergy Research & Education (VA) 87.21 three stars
Brain & Behavior Research Foundation (NY) 85.21 three stars
LUNGevity Foundation (IL) 90.96 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,856,420
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,856,420
   Program Service Revenue $389,151
Total Primary Revenue $2,245,571
   Other Revenue $9,574
TOTAL REVENUE $2,255,145
   
EXPENSES  
   Program Expenses $1,540,146
   Administrative Expenses $132,559
   Fundraising Expenses $190,116
TOTAL FUNCTIONAL EXPENSES $1,862,821
   
Payments to Affiliates $0
Excess (or Deficit) for the year $392,324
   
Net Assets $639,656

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 03/01/2020 86.51 three stars
2017-12 03/01/2019 78.20 two stars
2016-12 12/22/2017 83.85 three stars
2015-12 07/01/2017 78.71 two stars
2014-12 06/01/2016 80.58 three stars
 
CN 2.0
2013-12 08/01/2015 87.26 three stars
2012-12 10/01/2014 85.74 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-3768277
Name in IRS Master File 24 FOUNDATION INC
NTEE Code G12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Diseases, Disorders, Medical Disciplines
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$48,750 2.61% Mallory Walsh Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
24 Foundation (NC) 86.51 three stars
Scleroderma Research Foundation (CA) 96.80 four stars
International Rett Syndrome Foundation (OH) 85.85 three stars
myFace (NY) 87.40 three stars
American Foundation for Surgery of the Hand (IL) 91.26 four stars

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Charity Contact Info

24 Foundation
801 East Morehead Street
Suite 308
Charlotte, NC 28202
tel: (877) 365-4417
EIN: 20-3768277

Visit Web Site

Board Leadership

Rasmus Pedersen
Chair

CEO

Katy Ryan
Executive Director

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