Academy of Aerial Fitness

Nonprofit profile at a glance

EIN
474357154
IRS 990-EZ coverage
2021–2023
Forms available
Form 990-EZ 2023, Form 990-N 2016
Location
El Paso, TX, USA
Phone
9152796435
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Camps

Official website

Reported finances

Revenue
$177,356
Expenses
$202,218
Assets
$52,060
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Karolyn Nevarez (President/Founder/Instructor)
  • Wynee Lou (Vice President)

People named in this filing

  • Karolyn Nevarez (President/Founder/Instructor)
  • Ana Glacken (Treasurer/Co-Founder/Instructor)
  • Wynee Lou (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage physical activity through aerial arts.

What it reported doing in 2023

Pole Program: Program is available for all levels of fitness ages 18+. Members will gain confidence, increase strength, flexibility and an overall sense of empowerment. Our pole program encourages men and women of all shapes and sizes to express themselves through dance and movement. Our pole program has helped our members increase their body confidence, strength, flexibility, coordination and balance. We hold a couple of recitals throughout the year to encourage all our members to showcase all their hard work they have put in throughout the year. We have members that have gone to compete in the pole sport, nationwide. Due to members facing financial difficulties, we currently have 24 members.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 82
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 21.2%; rating input score 21
  • Program expense ratio: 18.6%; rating input score 19

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -14%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 46%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -28.9% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: -17.7% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 21.2% of revenue deployed · 18.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $38K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2021 to 2023
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 21/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.