Fitwit Foundation Inc

Nonprofit profile at a glance

EIN
262114682
IRS 990-EZ coverage
2010–2017
Forms available
Form 990-EZ 2017, Form 990-N 2009
Location
Atlanta, GA, USA
Phone
4043235612
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Camps

Reported finances

Revenue
$2,738
Expenses
$48,339
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MEGAN GILROY (EXECUTIVE DIRECTOR)
  • MATT BENARD (PRESIDENT)
  • SARAH RUPPERSBERG (VICE PRESIDENT)

People named in this filing

  • MEGAN GILROY (EXECUTIVE DIRECTOR)
  • MATT BENARD (PRESIDENT)
  • SARAH RUPPERSBERG (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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The fitwit foundation inc. Provides free fitness programs that build strength and develop character for the young people who need it most.

What it reported doing in 2017

The fitwit foundation flagship fitness program is called fitwit club. Fitwit is a school club that exposes students not involved in sports to dynamic workouts, character development, and community service. (continued on schedule o)

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 82
  • Sustainability: 1
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 6.5%; rating input score 6

Transparency & Controls

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

Sustainability

  • Operating margin: -1,665.5%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 52.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -30.4% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -4% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 9.9% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 6.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $3K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2010 to 2017
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Program expense ratio scored 6/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.