Exercisabilities Inc Dba Ea Therapeutic Health

Nonprofit profile at a glance

EIN
455214117
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Rochester, MN, USA
Phone
5072597570
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Health - General and Rehabilitative N.E.C.

Official website

Reported finances

Revenue
$2,106,318
Expenses
$2,298,001
Assets
$3,611,753
Liabilities
$86,923

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • RON HANSON (PRESIDENT)
  • MELANIE BRENNAN (CEO)

Highest reported compensation

  • MELANIE BRENNAN (CEO): $126,432 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We empower people of all ages with physical health and mobility challenges to lead healthy, active, and independent lives.

What it reported doing in 2024

Exercisabilities, inc programs and services empower people living with physical disabilities and chronic health conditions to live healthy, happy, and independent lives without limits. We provide equitable, lifelong access to safe and effective physical health improvement solutions designed to make optimal achievement of health and independence goals possible. Our team of physical therapists, health coaches, exercise specialists, and therapeutic recreation therapists work to extend this access beyond the limited health insurance payment model for those who require continuing guidance and assistance to make physical activity and health improvement happen. Our programs include physical therapy, specialized personal training, adaptive fitness and sports and health coaching through one on one services and group programs or classes in a fully accessible, disability friendly facility as well as in the community. Program examples include stroke survivor group exercise class, autism fitness play groups, social skills camps for kids, daily living education programs for teens with intellectual disabilities, and spinal cord injury and brain injury long term exercise and wellness services. All programming is financially accessible for those people who do not qualify for government or commercial insurance coverage for services through reduced and free fees based on a sliding scale.

Operating model

Revenue model
Earned-program. 86% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.1%; rating input score 76
  • Program expense ratio: 71.9%; rating input score 72
  • Fundraising efficiency: $1.6 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.1%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 1.57; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 9.9% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 13.8% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 18.6% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 76.1% of revenue deployed · 71.9% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.7M in reported program spending
  • Leadership: top reported pay $126K · 9 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Fundraising efficiency scored 4/100.
  • High — Sustainability: Operating margin scored 14/100.
  • Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.