Fitsi Foundation
Nonprofit profile at a glance
- EIN
- 461607702
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024, Form 990-N 2013
- Location
- Alexandria, VA, USA
- Phone
- 5712171986
- Rating confidence
- Limited
- Sector
- Job Training
Reported finances
- Expenses
- $11,502
- Assets
- $15,907
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- JAMES WIGGINS (EXECUTIVE DIRECTOR/BOARD M)
People named in this filing
- LOUIS VESCIO (BOARD MEMBER)
- JAMES WIGGINS (EXECUTIVE DIRECTOR/BOARD M)
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 fitsi foundation was incorporated as a Virginia non-profit, non-stock corporation for general charitable, scientific, literary and educational purposes. The foundation's first philanthropic initiative is to support the wounded warrior cyber combat academy (w2cca).
What it reported doing in 2024
The fitsi foundation trained 4 dozen wounded warriors in the wounded warrior cyber combat academy program. The vast majority of resources, textbooks, exam vouchers, instructor fees, and program management fees were donated by industry partners. As it is currently the only program run by the fitsi foundation, all income and expense focus on this program. No grants were made or received.
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 27
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 1.38; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -33.9% per year; rating input score 0; 27th percentile among comparable filings
- Asset growth: -12.4% per year; rating input score 0; 39th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.