Xcel 2 Fitness International

Nonprofit profile at a glance

EIN
462674606
IRS 990-EZ coverage
2014–2020
Forms available
Form 990-EZ 2020, Form 990-N 2013
Location
Matthews, NC, USA
Phone
7043228277
Rating
43
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$34,245
Expenses
$53,684
Assets
$0
Liabilities
$36,426

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • STEPHEN VAUGHN (CEO)

People named in this filing

  • STEPHEN VAUGHN (CEO)
  • BRANDON HIBBARD (BOARD MEMBER)
  • BRIAN WHEELER (BOARD MEMBER)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Xcel2 fitness strives to reach boys through fitness focusing on speed, strength, agility, balance and cardiovascular endurance in a team based atmosphere. Teamwork, leadership, and goal setting are integrated throughout the program to help develop character and inspire a generation of dream chasers. Xcel2 fitness wants to promote healthy, active lifestyles through cutting edge exercises, nutritional knowledge, and a mental well being to enable boys to conquer their dreams.

What it reported doing in 2020

Xcel2 fitness is a fitness and character based youth development program that serves boys in grades 3-5 by using the fundamentals of fitness such as speed, strength, agility, balance and cardio while also embedding every session with character discussion through teamwork, leadership and goal setting. Each session ends with a big event obstacle course race that all participants attend. The program has served over 3,000 boys and their families.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 16
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -56.8%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -42.7% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: -13.9% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2014 to 2020
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.