Nonprofit · EIN 20-8693674
THE RACE INC
Tax-exempt · CLEVELAND, OH 44122
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $303,998 | $389,120 | -$85,122 | $56,415 | $100 | $56,315 |
| December 31, 2023 | 990 | $457,330 | $327,592 | $129,738 | $141,537 | $100 | $141,437 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $303,998
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $385,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,500
- Program services (functional)
- $385,000
- Management and general (functional)
- $4,120
Balance sheet and other
- Total assets, start of year
- $141,537
- Total assets, end of year
- $56,415
- Total liabilities, end of year
- $100
- Net assets, end of year
- $56,315
- Net assets without donor restrictions
- $56,315
- Gross receipts
- $303,998
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2007
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATTI BERNS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JONATHAN BERNS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| EDWARD SCHWARTZ | SECRETARY & TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATTI BERNS | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JONATHAN BERNS | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| EDWARD SCHWARTZ | SECRETARY & TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3201 ENTERPRISE PKWY STE 150, CLEVELAND, OH 44122-7329
- In care of
- % JONATHAN BERNS
- Principal officer (990 for 2024)
- PATTI BERNS, 3201 ENTERPRISE PARKWAY 150, CLEVELAND, OH 44122
- Signed the 990
- PATTI BERNS, PRESIDENT
- Phone
- (216) 468-0055
- Website
- WWW.DOTHERACE.COM
- Return prepared by
- COHEN & CO ADVISORY LLC
Mission
TO RAISE AND CONTRIBUTE FUNDS FOR THE PURPOSE OF SUPPORTING CANCER RESEARCH AND AWARENESS AND/OR PROVIDING SUPPORT FOR CANCER PATIENTS AND SURVIVORS.
Program accomplishments
- TO RAISE MONEY AND CONTRIBUTE FUNDS TO CASE COMPREHENSIVE CANCER CENTER FOR THE PURPOSE OF SUPPORTING CANCER RESEARCH AND AWARENESS AND/OR PROVIDING SUPPORT FOR CANCER PATIENTS AND SURVIVORS.Expenses $385,000 · grants $385,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8693674
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G12)
- Assets (IRS master file)
- $56,415
- Income (IRS master file)
- $303,998
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $303,998 | $389,120 | $56,415 | IRS |
| 990 | December 2023 | $457,330 | $327,592 | $141,537 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8693674).
Questions about THE RACE INC
- What is the EIN of THE RACE INC?
- The employer identification number (EIN) of THE RACE INC is 20-8693674.
- Is THE RACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to THE RACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE RACE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE RACE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE RACE INC?
- The 990 for the year ended December 31, 2024 names PATTI BERNS.
- Who are the officers and directors of THE RACE INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE RACE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $303,998, expenses of $389,120 and total assets of $56,415 at year end.
Other nonprofits in CLEVELAND
- UNITED CEREBRAL PALSY ASSOCIATION OF GREATER CLEVELAND INC EIN 34-0753561 · last filed 990 for 2024
- RECOVERY RESOURCES DBA 407- RECOVERY RESOURCES EIN 34-1211116 · last filed 990 for 2024
- AIDS TASKFORCE OF GREATER CLEVELAND INC EIN 34-1433612 · last filed 990 for 2024
- EPILEPSY ASSOCIATION EIN 23-7198807 · last filed 990 for 2024
- MAKE THEM KNOW YOUR NAME FOUNDATION EIN 83-1911111 · last filed 990 for 2024
- MORGAN HOFFMANN FOUNDATION EIN 82-4228151 · last filed 990 for 2024
- AMERICAN SICKLE CELL ANEMIA ASSOC EIN 23-7178345 · last filed 990 for 2024
- MEDICAL DERMATOLOGY SOCIETY EIN 23-2944854 · last filed 990-EZ for 2024
All nonprofits in CLEVELAND · Ohio · Voluntary health associations and medical disciplines