CrossFit Foundation
Nonprofit profile at a glance
- EIN
- 300513015
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Prescott, AZ, USA
- Phone
- 9284934323
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $18,135
- Expenses
- $567,377
- Assets
- $485,294
- Liabilities
- $12,620
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Joshua Murphy (President/Treas)
- Marshall S Brenner (Vice President)
People named in this filing
- Annette Reavis (Secretary)
- Joshua Murphy (President/Treas)
- Marshall S Brenner (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The CrossFit Foundation serves as the charitable arm of CrossFit, LLC. We support the work of CrossFit affiliates and charitable organizations that use CrossFit to serve the needs of their diverse communities.Our work includes support for kids programs in K-12 school districts and underserved communities around the world, veterans organizations, cancer survivors, communities in recovery from substance abuse and addiction, and many others. We also participate in education, advocacy, and development efforts in specific areas related to combating chronic disease.
What it reported doing in 2024
The CrossFit Community Health Fund belongs to the CrossFit community, and exists to support the health and fitness causes and local generosity that characterize the CrossFit affiliate community. The Community Health Fund supports the CrossFit community primarily through:1) need-based grants in support of health- and fitness-related causes that originate with CrossFit affiliates;2) programmatic and advisory support to nonprofits within the CrossFitcommunity that share the mission of the CrossFit Foundation;3) support for local hospital based affiliates and for school districts seeking to bring CrossFit to their schools and students.In 2024, we funded a number of K-12 school programs. We supported these schools with funds for equipment to run health and fitness programs.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.2%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -3,028.6%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8.9% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $484K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 28 filed money-flow records
- Related organizations: 28 filed related-organization links
- 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 — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.