Phit America

Nonprofit profile at a glance

EIN
461432776
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-N 2012
Location
Washington, DC, USA
Phone
3014956321
Rating confidence
Limited
Sector
Human Service Organizations

Reported finances

Revenue
$0
Expenses
$442
Assets
$14,158
Liabilities
$0

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JIM BAUGH (PRESIDENT)

Highest reported compensation

  • JIM BAUGH (PRESIDENT): $30,000 total reported compensation

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

Overview

Mission

To provide an educational, advocacy, social media and grassroots campaign dedicated to overcoming the obesity and sedentary crisis by creating a more fit and healthy america. By having more active and fit americans, we will also help reduce healthcare costs.

What it reported doing in 2024

Phit america has a mission to create a movement for a fit & healthy america. The foundation focuses on two major objectives: 1. Educate americans about the issues and compel them to be active, fit, and play more sports to achieve better health. 2. Promote and support grassroots and school-based programs which will get more americans active, fit and healthy. The net benefit of our efforts, besides having more fit and healthy americans, is to prevent and reduce health care costs. Research by the world health organization shows 1 invested in physical activity can reduce health care spending by 3.20. In reality, we have more of a sick-caresystem than health care system. We treat people after they get sick. Phit america wants to redefine health care to have more prevention. True health care has to include improved fitness and activity-based initiatives to prevent sick care expenses before they happen.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Accountability: 79
  • Sustainability: 34
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 27th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 32.03; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -33.1% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -34% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -28.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 10 of 11 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $442 in reported program spending
  • Leadership: top reported pay $30K · 11 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.