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Nonprofiteer
← SPEED OF LIGHT - THE ASTRO FOUNDATION

Form 990 for tax year 2025

Filed by SPEED OF LIGHT - THE ASTRO FOUNDATION.

Totals

Total revenue
$914,017
Total expenses
$1,419,116
Contributions and grants received
$230,123
Grants paid
$343,746
Program service revenue
$0
Investment income
$677,138
Other revenue
$6,756
Total assets, end of year
$19,942,267
Total liabilities, end of year
$240,440
Net assets or fund balances, end of year
$19,701,827
Program services expenses (Part IX)
$553,547
Management and general expenses
$580,121
Fundraising expenses
$285,448
Program service expenses (Part III)
$553,547

Program services were 39.0% 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.

  • 1d · Related organizations

    $1,250

  • 1f · All other contributions, gifts and grants

    $228,873

  • 3 · Investment income

    total $487,476 · excluded $487,476

  • 7a · Gross sales of assets other than inventory

    securities $327,274

  • 7b · Less cost or other basis and sales expenses

    securities $137,612

  • 7c · Gain or loss

    securities $189,662

  • 7d · Net gain or loss

    total $189,662 · excluded $189,662

  • 8a · Fundraising events: gross income

    $20,635

  • 8b · Fundraising events: direct expenses

    $13,879

  • 8c · Net income from fundraising events

    total $6,756 · excluded $6,756

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $339,246 · program services $339,246

  • 2 · Grants to domestic individuals

    total $4,500 · program services $4,500

  • 7 · Other salaries and wages

    total $550,314 · program services $137,374 · management and general $196,227 · fundraising $216,713

  • 11b · Fees: legal

    total $28,152 · program services $128 · management and general $28,024

  • 11c · Fees: accounting

    total $18,460 · management and general $18,460

  • 11f · Fees: investment management

    total $40,308 · management and general $40,308

  • 11g · Fees: other

    total $242,165 · program services $9,961 · management and general $224,904 · fundraising $7,300

  • 13 · Office expenses

    total $26,291 · program services $11,020 · management and general $11,369 · fundraising $3,902

  • 16 · Occupancy

    total $111,585 · program services $32,450 · management and general $35,836 · fundraising $43,299

  • 17 · Travel

    total $27,319 · program services $7,124 · management and general $15,709 · fundraising $4,486

  • 19 · Conferences, conventions and meetings

    total $7,716 · program services $2,204 · management and general $4,328 · fundraising $1,184

  • 23 · Insurance

    total $4,469 · management and general $4,469

  • 24a · Other expenses: DUES AND PUBLICATIONS

    total $14,857 · program services $8,705 · management and general $487 · fundraising $5,665

  • 24b · Other expenses: BAD DEBT EXPENSES

    total $2,500 · fundraising $2,500

  • 24c · Other expenses: STAFF TRAINING AND DEVE

    total $1,234 · program services $835 · fundraising $399

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $51,805 · end of year $52,396

  • 2 · Savings and temporary cash investments

    beginning of year $460,325 · end of year $21,953

  • 3 · Pledges and grants receivable

    beginning of year $113,435 · end of year $105,272

  • 4 · Accounts receivable

    beginning of year $93,150 · end of year $13,892

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,848 · end of year $11,667

  • 11 · Investments: publicly traded securities

    beginning of year $14,600,412 · end of year $16,699,738

  • 12 · Investments: other securities

    beginning of year $2,757,423 · end of year $3,037,349

  • 15 · Other assets

    beginning of year $30,584 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,262 · end of year $22,925

  • 18 · Grants payable

    beginning of year $25,455 · end of year $37,006

  • 25 · Other liabilities

    beginning of year $0 · end of year $180,509

  • 27 · Net assets without donor restrictions

    beginning of year $2,810,293 · end of year $2,667,464

  • 28 · Net assets with donor restrictions

    beginning of year $15,267,972 · end of year $17,034,363

Mission and programs · 2025

Mission

TO BRING THE VISION TO REALITY, THE FOUNDATION WILL ACCELERATE BOLD AND INNOVATIVE IDEAS IN RADIATION THERAPY.

Activities or mission (Part I)

TO ACCELERATE BOLD AND INNOVATIVE RESEARCH AND EDUCATION IDEAS THAT IMPROVE OUTCOMES FOR PEOPLE RECEIVING RADIATION THERAPY.

  • RESEARCH PROGRAM SUPPORTS BOLD AND INNOVATIVE IDEAS IN RADIATION THERAPY TO IMPROVE OUTCOMES FOR PATIENTS SO THEY CAN LIVE LONGER, HEALTHIER LIVES. SPEED OF LIGHT CATALYZES DISCOVERY IN HIGH PRIORITY AREAS OF RESEARCH FOR RADIATION ONCOLOGY BY AWARDING GRANTS TO THE BEST AND BRIGHTEST INVESTIGATORS WHO ARE WORKING TO PERSONALIZE CARE, MINIMIZE TOXICITY, IMPROVE SAFETY AND QUALITY, ADVANCE HEALTH EQUITY, AND ENHANCE PATIENT EXPERIENCE.

    Expenses $525,790 · Grants $333,746

  • THE RO TOOLBOX IS A RESOURCE FOR HEALTH CARE PROFESSIONALS THAT IS DESIGNED TO SUPPORT EVIDENCE-BASED PRACTICE. THIS POINT-OF-CARE TOOL COMPILES FREQUENTLY ACCESSED REFERENCES RELATED TO THE DELIVERY OF RADIATION THERAPY, INCLUDING DOSE CONSTRAINTS, CALCULATORS, TOXICITY SCALES, AND CLINICAL PRACTICE GUIDELINES. DEL REGATO PROGRAM SUPPORTS WEBINARS FOR RESIDENTS THROUGH A PARTNERSHIP WITH THE ASSOCIATION OF RESIDENTS IN RADIATION ONCOLOGY (ARRO) AND THE AMERICAN SOCIETY FOR RADIATION ONCOLOGY (ASTRO). THE LIVE WEBINARS ARE FREE OF CHARGE FOR RESIDENTS AND OFFER A UNIQUE OPPORTUNITY TO CONNECT WITH FACULTY LEADERS IN THE FIELD OF RADIATION ONCOLOGY.

    Expenses $27,757 · Grants $10,000

As filed on the 2025 return.

Listed in Part VII

  • Gita Suneja

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jason A Efstathiou

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Phillip Devlin

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Colleen A F Lawton

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ronald Chen

    RESEARCH COMMITTEE CHAIR

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    1

  • Join Y Luh

    DEVELOPMENT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jerry Jaboin

    TRUSTEE

    Total calculated
    $2,000
    From this org
    $0
    From related orgs
    $2,000
    Other
    $0
    Hours/week
    1

  • Deepak Khuntia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ron Digiaimo

    TRUSTEE UNTIL 12/25

    Total calculated
    $0
    Hours/week
    1

  • Fumiko Chino

    TRUSTEE AS OF 01/25

    Total calculated
    $0
    Hours/week
    1

  • John Buatti

    ASTRO REPRESENTATION UNTIL 09/25

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Jeff Michalski

    ASTRO REPRESENTATION UNTIL 09/25

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Howard Sandler

    ASTRO REPRESENTATION AS OF 09/25

    Total calculated
    $2,500
    From this org
    $0
    From related orgs
    $2,500
    Other
    $0
    Hours/week
    1 + 2 related

  • Wendy Woodward

    ASTRO REPRESENTATION AS OF 09/25

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Vivek S Kavadi

    EXEC DIR, SECR, AND ASST TREAS

    Total calculated
    $665,075
    From this org
    $0
    From related orgs
    $613,024
    Other
    $52,051
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $613,024 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,320 related
    Nontaxable benefits
    $0 + $33,731 related
    Filer's total
    $0 + $665,075 related

  • Laura I Thevenot Former Exec

    DIR, SECR, AND ASST TREAS

    Total calculated
    $229,966
    From this org
    $0
    From related orgs
    $216,989
    Other
    $12,977
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $102,783 related
    Bonus
    $0 + $114,206 related
    Other
    $0
    Deferred
    $0 + $12,977 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $229,966 related

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

None.

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

The filer's explanations (Part III)

PART I, LINE 3
SPEED OF LIGHT DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF THE AMERICAN SOCIETY FOR RADIATION ONCOLOGY (ASTRO), A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(6). AN INDEPENDENT CONSULTANT PERFORMED A MARKET SURVEY TO DEVELOP SALARY STRUCTURE AND RANGES. ASTRO'S PRACTICE IS TO COMPLETE A MARKET SURVEY EVERY THREE YEARS; THIS WAS LAST COMPLETED FOR THE EX-OFFICIO, EXECUTIVE DIRECTOR IN 2025. THE EX-OFFICIO, EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A SUBCOMMITTEE OF THE BOARD USING COMPARABLE SALARIES OF SIMILAR EXECUTIVE DIRECTOR POSITIONS OF NONPROFIT MEDICAL ORGANIZATIONS. THIS REVIEW WAS DISCUSSED WITH THE BOARD OF DIRECTORS AND THE FINAL DETERMINATION WAS MADE BY THE EXECUTIVE COMMITTEE.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
20 August 2026
IRS schema version
2025v4.2
Source object
202602379349301315

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