Pan-Massachusetts Challenge Inc
Overview
Mission
The PMC’s mission is to raise funds for cancer research and treatment at Dana-Farber Cancer Institute, and 100% of every rider-raised dollar goes directly to Dana-Farber. Jennifer Schachter is the Vice President of Technology & Digital Experience for the PMC, focusing on advancing the technological strategy in support of the organization’s vision and mission. An industry veteran with over 20 years of experience in product management and product innovation spanning numerous industries from CAD/CAM to haptics, robotics, and health tech, Jennifer brings expertise in defining product vision and strategy, roadmap development, and applying design thinking to the user experience. Jennifer’s curious nature makes her a lifelong learner and natural born problem solver who in her spare time is as comfortable out cycling on the road as she is rowing on the Charles River.
What it reported doing in 2024
Annual bike-a-thon - approximately 7,000 cyclists ride and raise money for cancer research and treatment, for the jimmy fund at the dana-farber cancer institute in boston, Massachusetts. It is reported that pmc's cycling fundraiser is the most successful athletic fundraising event, in terms of dollars raised, in the country.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 042746912
- IRS 990 coverage
- 2010–2024
- Website reviewed
- Jul 2026
- Forms available
- Form 990 2024
- Headquarters
- Needham, MA, USA
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Available reserves provide a limited financial cushion and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 86
- Accountability: 88
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.1%; rating input score 92
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: $31.93 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 0 of 7 controls in place; rating input score 0
- Public financial transparency: 1 of 5 controls in place; rating input score 20
- Impact reporting controls: 2 of 7 controls in place; rating input score 29
- Public relationship transparency: Yes; rating input score 100
Accountability
- Independent voting board: 92.9%; rating input score 93; 41st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: 1 of 4 controls in place; rating input score 25
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
- Operating reserve ratio: 0.05; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 15th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 92.1% of revenue deployed · 92.7% of spending went to programs
- Governance: 13 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $75M in reported program spending
- Leadership: top reported pay $642K · 20 people listed · 6 of 6 pay-setting controls reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 annual filings from 2010 to 2024
- Money network: 8 filed money-flow records
- Related organizations: 1 filed related-organization link