Pan-massachusetts Challenge Inc
501(c)(3) Donations tax-deductible
93% goes to programs $3 to raise $100 Thin reserves Growing revenue
Pan-massachusetts Challenge Inc is a 501(c)(3) organization based in Needham, Massachusetts, registered in 1982, with $81,791,402 in FY2024 revenue. CharityIndex grades it B, and it directs about 93% of spending to programs.
77 4th Ave, Needham, MA, 02494 EIN 04-2746912 Since 1982
Revenue (FY2024)
$81.8M
▲ 6.3% vs prior year
Expenses (FY2024)
$80.9M
Net assets
$2.8M
Employees
23
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating93% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pan-massachusetts Challenge Inc: 93% to programs · $3 to raise $100 earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pan-massachusetts Challenge Inc: 0 mo reserves · +1% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pan-massachusetts Challenge Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pan-massachusetts Challenge Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To raise funds to be contributed to the jimmy fund at dana-farber cancer institute for its use in connection with research, treatment, cure of and education about cancer.
Contact & location
- Address
- 77 4th Ave, Needham, MA, 02494
- City
- Needham
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $41.2M (FY2013) to $81.8M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2MNet assets $2.8M
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$1.2M
Net assets
$2.8M
Salaries & benefits
$3.1M
4% of expenses
Board members
14
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $81,791,402▲6.3% | $80,875,102▲4.0% | $2,823,821▲48.0% | $3,973,897▼0.4% | 990 |
| 2023 | $76,928,267▲4.4% | $77,777,317▲4.5% | $1,907,521▼22.4% | $3,990,278▼7.0% | 990 |
| 2022 | $73,689,314▲11.6% | $74,415,516▲8.1% | $2,456,571▼22.8% | $4,292,909▲1.3% | 990 |
| 2021 | $66,009,480▼3.3% | $68,820,088▲2.1% | $3,182,774▲38.4% | $4,238,156▲9.7% | 990 |
| 2019 | $68,264,194▲14.6% | $67,403,210▲12.3% | $2,299,563▲59.8% | $3,864,539▲68.1% | 990 |
| 2018 | $59,549,729▲8.3% | $60,029,886▲9.6% | $1,438,579▼25.0% | $2,298,563▼25.5% | 990 |
| 2017 | $54,989,417▲10.9% | $54,790,374▲8.8% | $1,918,736▲11.6% | $3,083,713▲16.7% | 990 |
| 2016 | $49,601,756▲13.3% | $50,379,596▲15.1% | $1,719,693▼36.6% | $2,642,094▼6.1% | 990 |
| 2014 | $43,773,365▲6.3% | $43,785,284▲5.1% | $2,714,348▼0.4% | $2,815,057▲2.5% | 990 |
| 2013 | $41,166,155 | $41,675,251▲6.2% | $2,726,267▼15.7% | $2,746,407▼15.1% | 990 |
| 2012 | — | $39,238,760▲5.3% | $3,235,363▼10.8% | $3,235,363▼10.8% | 990 |
| 2011 | — | $37,249,170▲5.7% | $3,625,695▲7.7% | $3,625,695▲7.7% | 990 |
| 2010 | — | $35,243,463 | $3,367,167 | $3,367,167 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: William Starr — $570,407 (0.71% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Starr | Founder/executive Director | 50 | $570,407 |
| Jarrett Collins | Ceo | 50 | $352,197 |
| Jennifer Schachter | Vp Technology & Digital Experience | 50 | $255,789 |
| Michele Sommer | Chief Financial Officer | 50 | $249,921 |
| William Alfano | Dir of Mktg & Strat Pships | 50 | $232,819 |
| Glynn Hawley | Director of Operations | 50 | $154,390 |
| Michael Irving | Senior Software Engineer | 50 | $100,452 |
| Bekah Salwasser | Director | 1 | — |
| Caren Deardorf | Secretary/director | 1 | — |
| David Fialkow | Director | 1 | — |
| Hannah Hellebush | Director | 1 | — |
| Jonathan Gilula | Director | 1 | — |
| Josh Bekenstein | Director | 1 | — |
| Lois Cornell | Director | 1 | — |
| Melany Duval | Director | 1 | — |
| Michael Ascione | Treasurer/director | 1 | — |
| Rene Jones | Director | 1 | — |
| Robert Smith | Director | 1 | — |
| Sam Byrne | Director | 1 | — |
| Susan Brogan | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| John Capellupo | Av Services | $211,234 |
| Sarah Mercurio | Design Services | $111,435 |
Grants received · $78.9M total
312 grants to Pan-massachusetts Challenge Inc totaling $78.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $2,377,739 |
| Paypal Charitable Giving Fund | General support | 2024 | $2,141,360 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $217,225 |
| American Endowment Foundation | Medical research | 2024 | $170,711 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $170,353 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $144,371 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $78,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $45,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $37,200 |
| Cleveland Foundation | Fundraising efforts in this year's pan mass challenge. | 2024 | $34,800 |
| Community Foundation of North Texas | For general purposes in honor of the efforts of bob conerly for the pmc ride | 2024 | $25,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $23,776 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $21,645 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $19,273 |
Grants made · $75.0M in FY2024
1 grant totaling $75.0M in FY2024. All grants made by Pan-massachusetts Challenge Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Dana-farber Cancer Institute | Cancer research | $75,000,000 |
Frequently asked questions
- Is Pan-massachusetts Challenge Inc a legitimate nonprofit?
- Yes. Pan-massachusetts Challenge Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2746912, based in Needham, Massachusetts. Donations are tax-deductible.
- What is Pan-massachusetts Challenge Inc's EIN?
- Pan-massachusetts Challenge Inc's Employer Identification Number (EIN) is 04-2746912.
- How much revenue does Pan-massachusetts Challenge Inc report?
- Pan-massachusetts Challenge Inc reported $81,791,402 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Pan-massachusetts Challenge Inc's spending goes to programs?
- Pan-massachusetts Challenge Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pan-massachusetts Challenge Inc have?
- CharityIndex grades Pan-massachusetts Challenge Inc B, based on program efficiency and fundraising cost.
- How much does Pan-massachusetts Challenge Inc's highest-paid employee make?
- The highest reported compensation on Pan-massachusetts Challenge Inc's latest Form 990 is $570,407, paid to William Starr (Founder/executive Director).
More nonprofits in Needham
Explore more
Data for Pan-massachusetts Challenge Inc (EIN 04-2746912) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.