Specially Fit Foundation Corporation
Nonprofit profile at a glance
- EIN
- 831994985
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-N 2019
- Location
- Dover, FL, USA
- Phone
- 7278312829
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $4,121,492
- Expenses
- $3,556,194
- Assets
- $8,641,810
- Liabilities
- $6,686,673
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MARK S OLIVER JR (PRESIDENT)
Highest reported compensation
- MARK S OLIVER JR (PRESIDENT): $60,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of specially fit foundation is to inspire lifelong learning, to provide socialization opportunities, and to amplify knowledge of health and fitness to individuals with developmental disabilities through faith, fitness, and family. At our academy, we recognize that each student has their own unique destiny. In an effort to assist them along the way, we provide ways for them to reach their full potential by helping them explore and discover what they were created to do. We have many community partnerships that are being utilized to provide services, including tampa general hospital, baycare health hub, olive health, valor fitness, hillsborough county parks & recreation and plant city parks & recreation. Motto "find a way". We provide services such as special olympics training, weekly workout classes, housing for individuals with disabilities, job-shadowing opportunities, health care, job opportunities and a farm that gives animal therapy. We have the largest special olympics
What it reported doing in 2025
The community programs & events initiative provides inclusive support services that strengthen families and meet essential needs for individuals with disabilities, students, and local residents. A central component of this program is the food bank located at specially fit academy and our monthly food givaway, which provides nutritious food to students, families, and community members experiencing food insecurity. Staff coordinate community partnerships, volunteer involvement, and resource distribution to ensure families have access to basic necessities. The program promotes stability, dignity, and community connection by offering reliable support and opportunities for individuals to receive help in a respectful, welcoming environment. The fitness & wellness program provides adaptive fitness training, strength conditioning, and health-focused activities for individuals with disabilities and student-athletes. Participants receive personalized coaching that builds physical strength, mobility, confidence, and healthy routines. The program includes group workouts, individualized exercise plans, sports training, and community fitness events that promote social engagement and overall, well-being. Staff emphasize safety, encouragement, and skill development, helping each participant improve their physical health while gaining independence and self-esteem.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- 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. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.6%; rating input score 74
- Program expense ratio: 85.1%; rating input score 85
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: 13.7%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 2.43; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.77; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 32.4% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 24.5% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 69.1% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 73.6% of revenue deployed · 85.1% of spending went to programs
- Governance: 5 of 6 board members independent · 3 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $3M in reported program spending
- Leadership: top reported pay $60K · 6 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Liabilities to assets ratio scored 9/100.