Innercity Weightlifting Inc
Nonprofit profile at a glance
- EIN
- 271333425
- IRS 990 coverage
- 2011–2025
- Forms available
- Form 990 2025, Form 990-EZ 2010
- Location
- Cambridge, MA, USA
- Phone
- 6177144529
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
Reported finances
- Revenue
- $2,693,215
- Expenses
- $2,733,511
- Assets
- $4,343,801
- Liabilities
- $656,808
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- JONATHAN FEINMAN (FOUNDER & CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- JONATHAN FEINMAN (FOUNDER & CHIEF EXECUTIVE OFFICER): $137,400 total reported compensation
- BRIANNA FORDE (CHIEF PROGRAM OFFICER): $114,500 total reported compensation
- KRISTEN OUELLETTE (SITE DIRECTOR, KENDALL SQUARE): $109,264 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Icw's mission is to reduce gun violence by amplifying the voice and agency of people who have been most impacted by systemic racism and mass incarceration.
What it reported doing in 2025
In 2025, we supported 63 participants in employment and certified 65 as personal trainers. We worked with 200 participants overall (all of whom received wraparound support services), 23 corporate clients, and nearly 1,000 training clients. We completed our $15m, 5-year comprehensive campaign, enabling us to execute our 5-year strategic plan. In october, we celebrated our 15th anniversary, giving us the chance to reflect on how we've grown and where we're going.in january of 2010, we launched icw. We held our first weightlifting session in a basement gym, with four participants. As we descended the steps, we walked with excitement, wondering whether this would make a meaningful impact. We quickly evolved from a weightlifting program to a career track in personal training, with the aim of increasing economic mobility. We opened our first gym in 2012 and began to grow our client base. Today, we have 5 gyms in boston and our first dedicated gym in chicago. We've built the capacity to serve 200 participants annually, reaching nearly 1,000 unique clients, and have completed over 75,000 personal training sessions. We've generated more than $3 million in income for participants through internal employment and more than three times that amount through external employment. With pwc's help, we began tracking our social roi in 2018. Since then, we've generated over a $100 million return in cost savings for society, averaging more than a 10x return each year. We realized, however, during those early months of icw, that something more important was happening. Weight training, by itself, wasn't what was working. It was the community we built and the common identity we formed. We created a shared space where we could see and value each other's humanity. We were able to scrutinize the environmental factors people faced, rather than an individual. Through our career track in personal training, we were able to flip power dynamics and bridge social capital among participants and our training clients. Our work in bridging social capital has been cited by raj chetty and profiled on npr. It leads to broader perspectives and increased economic opportunity. It creates systems change starting at the individual level. People change their views and actions. They change their own hiring policies. They advocate for people they may never have otherwise known. This is the meaningful impact we have realized and grown in our first 15 years.
Operating model
- Revenue model
- Donor-supported. 83% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 77.3%; rating input score 77
- Fundraising efficiency: $7.58 raised per $1 spent on fundraising; rating input score 26; 26th 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: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.5%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 16.2%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 77.3% of spending went to programs
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.1M in reported program spending
- Leadership: top reported pay $137K · 14 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 15 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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 26/100.
- High — Sustainability: Operating margin scored 22/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.