Skip to content
Nonprofiteer
← PELOTONIA

Form 990 for tax year 2024

Filed by PELOTONIA.

Totals

Total revenue
$46,104,184
Total expenses
$36,965,541
Contributions and grants received
$46,500,752
Grants paid
$30,712,417
Program service revenue
$0
Investment income
$1,027,630
Other revenue
-$1,424,198
Total assets, end of year
$32,483,185
Total liabilities, end of year
$4,039,140
Net assets or fund balances, end of year
$28,444,045
Program services expenses (Part IX)
$32,972,409
Management and general expenses
$2,877,798
Fundraising expenses
$1,115,334
Program service expenses (Part III)
$32,972,409

Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $26,875,095

  • 1f · All other contributions, gifts and grants

    $19,625,657

  • 3 · Investment income

    total $1,027,630 · excluded $1,027,630

  • 8a · Fundraising events: gross income

    $911,369

  • 8a · Fundraising events: contributions included on line 1c

    $26,875,095

  • 8b · Fundraising events: direct expenses

    $2,459,842

  • 8c · Net income from fundraising events

    total -$1,548,473 · excluded -$1,548,473

  • 10a · Gross sales of inventory

    $215,688

  • 10b · Cost of goods sold

    $103,508

  • 10c · Net income from sales of inventory

    total $112,180 · excluded $112,180

  • 11a · Other revenue: OTHER INCOME

    total $12,095 · related or exempt $12,095

  • 11e · Other revenue, total

    $12,095

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $30,712,417 · program services $30,712,417

  • 5 · Compensation of officers, directors and key employees

    total $1,654,392 · program services $793,425 · management and general $542,020 · fundraising $318,947

  • 7 · Other salaries and wages

    total $1,020,185 · program services $489,267 · management and general $334,238 · fundraising $196,680

  • 8 · Pension plan contributions

    total $32,365 · program services $15,522 · management and general $10,603 · fundraising $6,240

  • 9 · Other employee benefits

    total $142,594 · program services $68,386 · management and general $46,717 · fundraising $27,491

  • 10 · Payroll taxes

    total $152,216 · program services $73,001 · management and general $49,870 · fundraising $29,345

  • 11b · Fees: legal

    total $19,741 · program services $8,170 · management and general $8,287 · fundraising $3,284

  • 11c · Fees: accounting

    total $76,583 · program services $31,693 · management and general $32,150 · fundraising $12,740

  • 11g · Fees: other

    total $547,076 · program services $226,398 · management and general $229,668 · fundraising $91,010

  • 12 · Advertising and promotion

    total $649,830 · program services $212,451 · management and general $145,134 · fundraising $292,245

  • 13 · Office expenses

    total $67,762 · management and general $67,762

  • 14 · Information technology

    total $323,975 · program services $155,374 · management and general $106,142 · fundraising $62,459

  • 16 · Occupancy

    total $150,994 · program services $72,415 · management and general $49,469 · fundraising $29,110

  • 17 · Travel

    total $105,687 · program services $50,686 · management and general $34,626 · fundraising $20,375

  • 22 · Depreciation, depletion and amortization

    total $653,456 · management and general $653,456

  • 24a · Other expenses: BANK AND BUSINESS FEES

    total $428,271 · program services $9,306 · management and general $415,224 · fundraising $3,741

  • 24b · Other expenses: PRINTING AND PUBLICATIO

    total $112,385 · program services $53,898 · management and general $36,820 · fundraising $21,667

  • 24c · Other expenses: OTHER STAFF EXPENSES

    total $99,841 · management and general $99,841

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $15,771 · management and general $15,771

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $22,357,065 · end of year $9,073,767

  • 3 · Pledges and grants receivable

    beginning of year $8,464,719 · end of year $18,822,638

  • 4 · Accounts receivable

    beginning of year $2,693 · end of year $6,315

  • 8 · Inventories for sale or use

    beginning of year $35,690 · end of year $99,387

  • 10a · Land, buildings and equipment: cost or other basis

    $4,995,054

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,819,917

  • 10c · Land, buildings and equipment, net

    beginning of year $285,219 · end of year $1,175,137

  • 11 · Investments: publicly traded securities

    beginning of year $2,679 · end of year $8,575

  • 13 · Investments: program-related

    beginning of year $1,426,681 · end of year $1,549,867

  • 14 · Intangible assets

    beginning of year $912,853

  • 15 · Other assets

    beginning of year $13,357 · end of year $1,747,499

  • 17 · Accounts payable and accrued expenses

    beginning of year $408,329 · end of year $246,515

  • 18 · Grants payable

    beginning of year $12,166,190 · end of year $1,256,626

  • 19 · Deferred revenue

    beginning of year $771,875 · end of year $592,710

  • 25 · Other liabilities

    beginning of year $37,436 · end of year $1,943,289

  • 27 · Net assets without donor restrictions

    beginning of year $10,709,183 · end of year $6,470,363

  • 28 · Net assets with donor restrictions

    beginning of year $9,407,943 · end of year $21,973,682

Mission and programs · 2024

Mission

AT PELOTONIA WE'RE DRIVEN BY OUR MISSION: TO ENGAGE, INSPIRE, AND CHALLENGE A COMMUNITY COMMITTED TO CHANGE THE WORLD BY ACCELERATING INNOVATIVE CANCER RESEARCH.

Activities or mission (Part I)

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 $315 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.

  • 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. SEE SCHEDULE O.IN FY 2023, PELOTONIA AWARDED FELLOWSHIP PROGRAM AWARDS TO EMPOWER YOUNG INNOVATORS ACROSS ACADEMIC FIELDS AND DISCIPLINES TO PURSUE A CAREER IN CANCER RESEARCH; IDEA GRANTS TO ENABLE SCIENTISTS TO PURSUE NEW APPROACHES TO CANCER RESEARCH; AND STATEWIDE INITIATIVE GRANTS FOCUSED ON ASSESSING SURVIVAL AND QUALITY OF LIFE FOR ADVANCED STAGE LUNG CANCER, SMOKING CESSATION, AND REDUCING THE HIGH BREAST CANCER MORTALITY AMONG AFRICAN AMERICAN WOMEN IN 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; 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.

    Expenses $30,341,029 · Grants $28,298,537 · Revenue $12,095

  • IN 2022, PELOTONIA, IN COLLABORATION WITH VICTORIA'S SECRET AND THE AMERICAN ASSOCIATION OF CANCER RESEARCH, ESTABLISHED "THE VICTORIA'S SECRET GLOBAL FUND FOR WOMEN'S CANCERS," TO SUPPORT RESEARCH AIMED AT PREVENTING, DETECTING, TREATING AND SUPPORTING THE SURVIVORSHIP OF WOMEN WITH CANCER AND INVESTING IN THE NEXT GENERATION OF WOMEN SCIENTISTS WHO REPRESENT THE DIVERSE POPULATION THEY SERVE.

    Expenses $2,631,380 · Grants $2,413,880

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Abigail Wexner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Bobby Schottenstein

    CHAIR AND DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Carol Bradford MD Ms Facs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Cindy Hilsheimer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Dan Rosenthal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Julie Sloat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Peter Mohler PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Raphael Pollock MD PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Renee Cacchillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Steve Steinour

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Victor Crawford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Doug Ulman

    VICE CHAIR

    Total calculated
    $391,470
    From this org
    $352,500
    From related orgs
    $0
    Other
    $38,970
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,500
    Bonus
    $75,000
    Other
    $0
    Deferred
    $10,260
    Nontaxable benefits
    $28,710
    Filer's total
    $391,470
  • Joseph Apgar

    PRESIDENT AND CEO

    Total calculated
    $513,897
    From this org
    $471,674
    From related orgs
    $0
    Other
    $42,223
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $396,154
    Bonus
    $75,000
    Other
    $520
    Deferred
    $13,800
    Nontaxable benefits
    $28,423
    Filer's total
    $513,897
  • Nicholas Denby

    CHIEF FINANCIAL OFFICER

    Total calculated
    $324,057
    From this org
    $284,537
    From related orgs
    $0
    Other
    $39,520
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,587
    Bonus
    $45,950
    Other
    $0
    Deferred
    $11,381
    Nontaxable benefits
    $28,139
    Filer's total
    $324,057
  • Katie Wilson

    DIRECTOR OF MARKETING AND COMMUNICATIONS

    Total calculated
    $150,520
    From this org
    $150,520
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,000
    Bonus
    $25,000
    Other
    $520
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $150,520
  • Eric Olsavsky

    VP OF COMMUNITY ENGAGEMENT AND PARTNERSHIPS

    Total calculated
    $274,448
    From this org
    $238,885
    From related orgs
    $0
    Other
    $35,563
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,365
    Bonus
    $40,000
    Other
    $520
    Deferred
    $7,706
    Nontaxable benefits
    $27,857
    Filer's total
    $274,448
  • Lauren Graham

    DIRECTOR OF EVENT OPERATIONS

    Total calculated
    $156,951
    From this org
    $149,549
    From related orgs
    $0
    Other
    $7,402
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,029
    Bonus
    $25,000
    Other
    $520
    Deferred
    $5,982
    Nontaxable benefits
    $1,420
    Filer's total
    $156,951
  • Carolyn Appelhans

    DIRECTOR OF COMMUNITY ENGAGEMENT

    Total calculated
    $131,213
    From this org
    $117,020
    From related orgs
    $0
    Other
    $14,193
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202533189349305183

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.