Health & Fitness Association

Nonprofit profile at a glance

EIN
363133254
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Boston, MA, USA
Phone
6179510055
Rating confidence
Limited

Official website

Reported finances

Revenue
$11,464,635
Expenses
$9,772,777
Assets
$10,408,206
Liabilities
$6,149,035

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

Leadership & pay

24 people listed

Executive titles in this filing

  • LIZ CLARK (PRESIDENT & CEO)

Highest reported compensation

  • LIZ CLARK (PRESIDENT & CEO): $611,569 total reported compensation
  • JEFFREY SOLSBY (SR VP OF COMMUNICATIONS THRU 4/4/25): $214,100 total reported compensation
  • MIKE GOSCINSKI (VP OF GOVERNMENT AFFAIRS): $185,084 total reported compensation

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

Overview

Mission

The mission of hfa is to protect, promote and grow the health and fitness industry. We support active, healthy living by advocating for health and fitness businesses, delivering industry research, and providing education that drives professional growth.

What it reported doing in 2024

Research: conducts original, data-driven research to advance public understanding of the health and fitness industry and to support evidence-based policymaking, advocacy, and professional decision-making. During the fiscal year ending june 30, 2025, hfa produced and disseminated a comprehensive portfolio of more than 10 industry research reports, including consumer surveys, economic analyses, and data briefings designed to quantify the industry's economic, social, and public-health impact. These research initiatives analyzed data from tens of thousands of survey respondents across multiple countries. Research findings informed dozens of media articles, trade publications, and policy discussions, extending reach to policymakers, businesses, and the general public. Hfa research reports, summaries, and data visualizations were accessed or downloaded thousands of times across hfa platforms (estimated). Long-term, hfa will continue to serve as a leading global source of authoritative fitness industry data, expanding the use of economic and behavioral research to quantify the societal value of physical activity and ensure public access to evidence-based insights that advance health outcomes and inform policy.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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: 63
  • Accountability: 91
  • Sustainability: 51
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 14.8%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 15.3%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.4% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 18 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 5 filed program accomplishments
  • Leadership: top reported pay $612K · 24 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.5M reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.