TNT Kid's Fitness

Nonprofit profile at a glance

EIN
203459549
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Fargo, ND, USA
Phone
7015515004
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$2,530,827
Expenses
$2,891,833
Assets
$6,342,181
Liabilities
$1,965,644

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

Leadership & pay

14 people listed

Executive titles in this filing

  • Kate Molbert (President)
  • John Jessen (Vice President)
  • Kimberly Pladson (Executive Director)

Highest reported compensation

  • Kimberly Pladson (Executive Director): $155,085 total reported compensation

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

Overview

Mission

Unlocking Potential Through Movement

What it reported doing in 2024

FITNESS, RECREATIONAL & COMPETITIVE GYMNASTICS, MOVEMENT & MILESTONES, PRESCHOOL, BIRTHDAY PARTIES, and OPEN GYMS FITNESS AFTER-SCHOOL & SUMMER PROGRAMS Fitness supports exercise and movement. It is the best natural drug that a child can ever use for feeling good. Through teaching the importance of daily activity and encouragement, children are on the right path to becoming healthier and confident. Continued on Schedule O...SOAR (Students of All Abilities Respected) is a school-age childcare after school program provided in two location TNT Main and TNT South. Enrollments are up to 60 children receiving no less than 60 minutes of physical activity in addition to a healthy snack and/or meals in these programs. Emphasis is on movement, education-based activities. No Bummer Summer is a school-age childcare program with weekly and themed activities throughout the summer for up to 60 children. Sixty participants experience an array of activities to challenge them mentally, physically, socially, and emotionally: with the end goal of building character, increasing confidence, and engaging in a healthy lifestyle to include activities throughout our community. School's Out Day Camp is a school-age childcare program which is open to 40 campers to participate in TNT's engaging fitness programs when there is a day off during the school year. This service is located in both TNT Main and TNT South. We inspire, educate, and keep each child active which markets to exposing children to other year-round programs to keeping each child active and productive in movement. MOVEMENT & MILESTONES, PRESCHOOL, TOTS TUMBLE TIME, MOBILE, & SCHOOL AGE RECREATIONAL GYMNASTICS & NINJA Baby, Preschool, Mobile, and School Age, gymnastics and ninja classes all fall in line with unlocking potential through movement. These classes are designed to be progressive through exercise and physical activity, children can meet their full potential while participating in these progressive programs. Encouraging children while being a positive influence drives our entire staff to help make a difference in children's lives. Over 600 Preschool age children comprise the population in this program. Tots Tumble Time serves 150+ children weekly and provides the same instruction, except offsite. Gymnastics is the foundation of human movement, and the benefits are extraordinary. School Age gymnastics serves 360+ school age boys and girls who safely learn fundamental skills and progressions on traditional gymnastics equipment. Students advance through levels achieved with skill mastery. Ninja Fitness classes can test every individual's skill in the craze that's sweeping the nation, as they unlock their ninja potential! Children use obstacles and circuit-based activities to increase endurance, strength, flexibility, balance and coordination while building confidence. Children are challenged by scaling the rock wall, navigating the ninja obstacle course, and attempting to conquer TNT's very own warped wall! 150 children participate on a weekly basis. Baby classes center on getting the benefits of movement into the hands of parents. We associate the baby's developmental age milestone with the movement-based curriculum. This program is the introduction to a seamless relationship with fitness movement and mentoring positive parent interaction as the child progresses all the way to age 4 and beyond. BIRTHDAY PARTIES & OPEN GYMS Birthday Parties: Having a birthday is the most special time in a child's life. Over 70 parties are celebrated throughout the year! TNT birthday parties are memorable experiences. The 1.5 hours include a fun-filled setting that aligns with our mission--keeping children active! Multiple activity stations make up the hour-long party that introduces and markets our gymnastics and fitness classes. Open Gyms: Open gym time provides program exposure for children which aligns with our mission to keep all children of all abilities active. Open gyms promote collaboration wit

Operating model

Revenue model
Other-operating. 74% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - 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: 62
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.8%; rating input score 71
  • Program expense ratio: 61.9%; rating input score 62
  • Fundraising efficiency: $5.19 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • 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: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -14.3%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.19; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.31; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 3.3% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 8.6% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 70.8% of revenue deployed · 61.9% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.8M in reported program spending
  • Leadership: top reported pay $155K · 14 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • High — Sustainability: Operating margin scored 10/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.