Cape Wellness Collaborative INC EIN 47-2360979 Form 990 (PDF) Claim this org

Cape Wellness Collaborative INC

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Offers free integrative therapies for cancer patients and general wellness resources for the public. For fiscal year 2024 it reported $583K in revenue, $784K in expenses, and $562K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
S Yarmouth, MA
Website
www.capewellness.org
Filings
5 on file (2020–2024)
Revenue
$583KFY2024
Expenses
$784K
Net assets
$562K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  47-2360979 Public charity (501(c)(3)) S Yarmouth, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers free integrative therapies for cancer patients and general wellness resources for the public.
Leadership
Mark Clausen · President
Money in and out
$583K revenue, $784K expenses
Bottom line
80% program efficiency
Where the money goes · FY2024
Total revenue
$583K
Pt VIII · Ln 12
Total expenses
$784K
Pt IX · Ln 25
Net assets
$562K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$201K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.14 Fundraising $0.07
Program efficiency
80%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
10.4mo
months of highly liquid reserves at operating expense rate▼ -41% vs prior filing year
Surplus margin
-34%
revenue over expenses, this year▼ -5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$583K
FY2024▲ +43%
Expenses
$784K
FY2024▲ +45%
Total assets
$1.1M
FY2024▼ -12%
Total liabilities
$584K
FY2024▲ +12%
Total revenue
$583K
Pt VIII · Ln 12
Total expenses
$784K
Pt IX · Ln 25
Net assets
$562K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$201K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCape Wellness Collaborative INC
EINHdr · item D47-2360979
Principal addressHdr · item CS Yarmouth, MA
WebsiteHdr · item Jwww.capewellness.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E30)
Ruling yearIRS BMFAug 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $626K of program spending, described in the organization's own filed words · FY2024.
01

As stated in the mission statement,the organization provides free-of-charge integrative and complementary therapies to people facing cancer in our community. This is the only program and is conducted through the following process:anyone facing cancer on cape cod, martha's vineyard or nantucket who wishes to receive free-of-charge…

$626Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$392K · 67%
Other revenue$178K · 30%
Investment income$14K · 2%
Contributions & grants67%$392K
Other revenue30%$178K
Investment income2%$14K
Total revenueLn 12$583K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.14 Fundraising $0.07
Program services80%$626K
Management & general14%$107K
Fundraising7%$51K
Total functional expensesLn 25$784K

Balance Sheet

Part X · end of year
CashLn 1$312K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$584K
Total net assetsLn 32$562K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $679K · Operating expenses/yr $784K
10.4 months
Where the money goes
Program services
Program services $626K · Total expenses $784K
80%
Management & General
Management & general $107K · Total expenses $784K
14%
Fundraising
Fundraising $51K · Total expenses $784K
7%
Cost to raise $1
Fundraising expense (3-yr avg) $47K · Solicited contributions (3-yr avg) $414K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $392K · Total revenue $583K
67%
Government reliance
Government grants — · Total revenue $583K
Earned-income share
Program service revenue $0 · Total revenue $583K
0%
Investment reliance
Investment income $14K · Total revenue $583K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $784K
0%
Growth & trend
Revenue growth (YoY)
This year $583K · Prior year $407K
+43%
Revenue CAGR
FY2020 $324K · FY2024 $583K
+16%
Net-asset trend (YoY)
End of year $562K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $583K · Expenses $784K
-34%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $562K · Total assets $1.1M
49%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $183K · Other securities (Pt X, ln 12) $183K · Total assets (Pt X, ln 16) $1.1M
32%
People & payroll
Highest Reported Total Compensation
Individual Mark Clausen · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $784K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $257K · Total expenses $784K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 14%
Fundraising cost ratio 13%
Revenue growth 43%
Legal fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 4 funders →
Grants paid · 5 grants · $647K · 2020–2024
Unitemized GrantFY2024$359,294
Unitemized GrantFY2023$131,182
Unitemized GrantFY2022$56,622
Unitemized GrantFY2021$58,767
Unitemized GrantFY2020$41,466

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$583K revenue · viewing · ⤓ 990 PDF
FY2023$407K revenue · ⤓ 990 PDF
FY2022$636K revenue · ⤓ 990 PDF
FY2021$327K revenue · ⤓ 990 PDF
FY2020$324K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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