Civic Intelligence

Fitwit Foundation Inc

EIN 26-2114682 • 501(c)3 • Atlanta, GA

Profile

The fitwit foundation inc. Provides free fitness programs that build strength and develop character for the young people who need it most.

PO Box 5486Atlanta, GA 31107

thefitwitfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

38th percentile

-3.9%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

97th percentile

$46,903

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 57.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

34th percentile

-15%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Revenue Growth

50th percentile

-1.1%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2016

Assets

Down

$0

Down $48,196 (-100%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $45,601 (-100%) from 2016

Revenue

Down

$2,738

Down $79,088 (-97%) from 2016

Expenses

Down

$48,339

Down $36,662 (-43%) from 2016

Net Income

Down

-$45,601

Down $42,426 (-1336%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2010: $10,238Liabilities 2010: $0Net Assets 2010: $10,2382010Assets 2011: $4,326Liabilities 2011: $0Net Assets 2011: $4,3262011Assets 2012: $20,316Liabilities 2012: $0Net Assets 2012: $20,3162012Assets 2013: $50,585Liabilities 2013: $0Net Assets 2013: $50,5852013Assets 2014: $66,993Liabilities 2014: $703Net Assets 2014: $66,2902014Assets 2015: $54,025Liabilities 2015: $5,249Net Assets 2015: $48,7762015Assets 2016: $48,196Liabilities 2016: $2,595Net Assets 2016: $45,6012016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $71,211Expenses 2010: $71,520Net Income 2010: -$3092010Revenue 2011: $52,997Expenses 2011: $53,500Net Income 2011: -$5032011Revenue 2012: $33,694Expenses 2012: $20,713Net Income 2012: $12,9812012Revenue 2013: $70,973Expenses 2013: $40,704Net Income 2013: $30,2692013Revenue 2014: $83,584Expenses 2014: $67,879Net Income 2014: $15,7052014Revenue 2015: $75,798Expenses 2015: $93,312Net Income 2015: -$17,5142015Revenue 2016: $81,826Expenses 2016: $85,001Net Income 2016: -$3,1752016Revenue 2017: $2,738Expenses 2017: $48,339Net Income 2017: -$45,6012017

Highlighted filing

2017

Revenue$2,738
Expenses$48,339
Net Income-$45,601

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 27, 2018
Return Version
2017v2.2
Gross Receipts
$2,738
Mission and Program Overview

Mission

The fitwit foundation inc. Provides free fitness programs that build strength and develop character for the young people who need it most.

Program Services

DescriptionGrantsExpenses
THE FITWIT FOUNDATION FLAGSHIP FITNESS PROGRAM IS CALLED FITWIT CLUB. FITWIT IS A SCHOOL CLUB THAT EXPOSES STUDENTS NOT INVOLVED IN SPORTS TO DYNAMIC WORKOUTS, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. (CONTINUED ON SCHEDULE O)-$3,121
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGAN GILROYExecutive DirectorFT$25,531$1,344$26,875
MATT BENARDPresidentPT$0--
SARAH RUPPERSBERGVice PresidentPT$0--
ERIN TORZEWSKITreasurerPT$0--
BETH CAVALIERSecretaryPT$0--
JENNA GARLANDDirectorPT$0--
BEN THOELEDirectorPT$0--
JASON WINSTONDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Fitwit Foundation Inc
EIN
26-2114682
Phone
4043235612
Address
PO BOX 5486, ATLANTA, GA 31107

Signing Officer

Name
Matt Benard
Title
President
Phone
4043235612
Signed
2018-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Burge & Associates Pc
Address
315 W PONCE DE LEON AVE STE 700, DECATUR, GA 30030
Preparer
M Chester Burge Jr
Phone
7704466649
Supplemental Narrative

Additional Explanations

Other

Pt III, Ln 28 - THE FITWIT FOUNDATION'S FLAGSHIP FITNESS PROGRAM IS CALLED FITWIT CLUB. FITWIT IS A SCHOOL CLUB THAT EXPOSES STUDENTS NOT INVOLVED IN SPORTS TO DYNAMIC WORKOUTS, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. THE FITNESS PROGRAM IS DESIGNED TO ACCOMODATE ALL FITNESS LEVELS IN A NON-COMPETITIVE ENVIRONMENT. THE FITWIT FOUNDATION SPONSORS ALL FITWIT CLUBS, PROVIDING ADVISOR TRAINING, COACH STIPENDS, DAILY CURRICULUM, ALL SUPPLIES NEEDED FOR TEAM BUILDING ACTIVITIES AND WORKOUTS, STUDENT JOURNALS, GUEST FITNESS INSTRUCTORS, AND COMMUNITY VOLUNTEER SUPPORT. WE RECOGNIZE THE IMPACT PHYSICAL ACTIVITY HAS ON A PERSON'S OVERALL WELL-BEING. THE IMPORTANCE OF PHYSICAL ACTIVITY IS SUPPORTED BY RESEARCH THAT PROVES THAT: 1)BELONGING TO A COMMUNITY INCREASES LIKLIHOOD OF HIGH SCHOOL GRADUATION (EQUATING TO A HIGHER LEVEL OF EDUCATION AND JOB FORCE IN THE COMMUNITY); 2)PHYSICAL ACTIVITY IMPROVES COGNITIVE SKILLS AND ATTITUDES IN YOUTH; 3)PHYSICAL ACTIVITY HAS SHOWN TO IMPROVE ACADEMIC ACHIEVEMENT AND BEHAVIOR. WHILE DECREASING OBESITY AND IMPROVING FITNESS ARE IMPORTANT TO US, OUR PRIMARY AIM LIES IN USING FITNESS AS THE VEHICLE TO EMPOWER CHILDREN TO BELIEVE IN THEMSELVES AND STRIVE FOR SUCCESS EVERY DAY.

Form 990EZ, Part I, Line 16

Advertising and website 363.

Form 990EZ, Part I, Line 16

Bank and credit card processing fees 259.

Form 990EZ, Part I, Line 16

Depreciation 104.

Form 990EZ, Part I, Line 16

Gifts / meals and entertainment 587.

Form 990EZ, Part I, Line 16

Meeting, conference, and travel 136.

Form 990EZ, Part I, Line 16

Office supplies and equip 379.

Form 990EZ, Part I, Line 16

Payroll taxes and processing fees 3032.

Form 990EZ, Part I, Line 16

STUDENT INCENTIVES 86.

Form 990EZ, Part I, Line 16

SPECIAL EVENTS 643.

Form 990EZ, Part I, Line 16

SHIRTS 472.

Form 990EZ, Part I, Line 16

Business registration 30.

Form 990EZ, Part I, Line 16

Charitable contributions 5000.

Form 990EZ, Part I, Line 16

GRANT EXPENSE 5000.

Form 990EZ, Part I, Line 16

CLOSING TRANSFER 870.

Form 990EZ, Part II, Line 26

2014 payroll liabilites 2595. 0.

Raw XML Appendix229 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OtherExpensesTotalAmt016961
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IRS990EZ/PrimaryExemptPurposeTxt0THE FITWIT FOUNDATION INC. PROVIDES FREE FITNESS PROGRAMS THAT BUILD STRENGTH AND DEVELOP CHARACTER FOR THE YOUNG PEOPLE WHO NEED IT MOST.
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt057762
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pt III, Ln 28 - THE FITWIT FOUNDATION'S FLAGSHIP FITNESS PROGRAM IS CALLED FITWIT CLUB. FITWIT IS A SCHOOL CLUB THAT EXPOSES STUDENTS NOT INVOLVED IN SPORTS TO DYNAMIC WORKOUTS, CHARACTER DEVELOPMENT, AND COMMUNITY SERVICE. THE FITNESS PROGRAM IS DESIGNED TO ACCOMODATE ALL FITNESS LEVELS IN A NON-COMPETITIVE ENVIRONMENT. THE FITWIT FOUNDATION SPONSORS ALL FITWIT CLUBS, PROVIDING ADVISOR TRAINING, COACH STIPENDS, DAILY CURRICULUM, ALL SUPPLIES NEEDED FOR TEAM BUILDING ACTIVITIES AND WORKOUTS, STUDENT JOURNALS, GUEST FITNESS INSTRUCTORS, AND COMMUNITY VOLUNTEER SUPPORT. WE RECOGNIZE THE IMPACT PHYSICAL ACTIVITY HAS ON A PERSON'S OVERALL WELL-BEING. THE IMPORTANCE OF PHYSICAL ACTIVITY IS SUPPORTED BY RESEARCH THAT PROVES THAT: 1)BELONGING TO A COMMUNITY INCREASES LIKLIHOOD OF HIGH SCHOOL GRADUATION (EQUATING TO A HIGHER LEVEL OF EDUCATION AND JOB FORCE IN THE COMMUNITY); 2)PHYSICAL ACTIVITY IMPROVES COGNITIVE SKILLS AND ATTITUDES IN YOUTH; 3)PHYSICAL ACTIVITY HAS SHOWN TO IMPROVE ACADEMIC ACHIEVEMENT AND BEHAVIOR. WHILE DECREASING OBESITY AND IMPROVING FITNESS ARE IMPORTANT TO US, OUR PRIMARY AIM LIES IN USING FITNESS AS THE VEHICLE TO EMPOWER CHILDREN TO BELIEVE IN THEMSELVES AND STRIVE FOR SUCCESS EVERY DAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADVERTISING AND WEBSITE 363.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK AND CREDIT CARD PROCESSING FEES 259.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GIFTS / MEALS AND ENTERTAINMENT 587.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEETING, CONFERENCE, AND TRAVEL 136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE SUPPLIES AND EQUIP 379.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PAYROLL TAXES AND PROCESSING FEES 3032.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8STUDENT INCENTIVES 86.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SPECIAL EVENTS 643.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SHIRTS 472.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BUSINESS REGISTRATION 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12CHARITABLE CONTRIBUTIONS 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13GRANT EXPENSE 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14CLOSING TRANSFER 870.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt152014 PAYROLL LIABILITES 2595. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT BENARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04043235612
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-27
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ReturnHeader/Filer/EIN0262114682
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ReturnHeader/Filer/USAddress/CityNm0ATLANTA
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ReturnHeader/FilingSecurityInformation/IPDt02018-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm017:28:14
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURGE & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0315 W PONCE DE LEON AVE STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DECATUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030030
ReturnHeader/PreparerPersonGrp/PhoneNum07704466649
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M CHESTER BURGE JR
ReturnHeader/ReturnTs02018-11-12T17:28:31-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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