Jim White Community Fitness Foundation
Nonprofit profile at a glance
- EIN
- 272055870
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Virginia Beach, VA, USA
- Phone
- 7574224728
- Rating
- 98
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Recreation& Sports N.E.C.
Reported finances
- Revenue
- $133,622
- Expenses
- $113,567
- Assets
- $163,906
- Liabilities
- $4,610
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
People named in this filing
- Jim White (Founder/Chairman)
- Joshua Coe (Vice Chair)
- Krista White (Co-Founder/Secretary)
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
Giving is the greatest virtue in life. It keeps our world going and fuels the mind, body and soul. We, at the lift fitness foundation, have been blessed with god-given talents and want to use our skills to help those in need build a better quality of life. Lift fitness foundation's mission is to create a foundation of wellness to empower individuals in need.
What it reported doing in 2024
The LIFT program was designed to help motivate, energize and inspire others to believe in themselves, unleashing their full potential. In each lift session we motivate members to push forward and create a more positive mindset. We have seen our participants gain confidence which has inspired them to get jobs, improve their health, and lift their spirits in all areas of their life.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.44; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 21.3% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 16.4% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 22.2% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $139K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.