Civic Intelligence

Fitwit Foundation Inc

990EZ • Fiscal year 2014 • EIN 26-2114682

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 12, 2015

PO Box 5486Atlanta, GA 31107

(404) 323-5612

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

90th percentile

$42,237

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 50.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

79th percentile

32%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$66,993

Up $16,408 (+32%) from 2013

Net Assets

Up

$66,290

Up $15,705 (+31%) from 2013

Liabilities

Up

$703

Up $703 from 2013

Revenue

Up

$83,584

Up $12,611 (+18%) from 2013

Expenses

Up

$67,879

Up $27,175 (+67%) from 2013

Net Income

Down

$15,705

Down $14,564 (-48%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2014

Assets$66,993
Liabilities$703
Net Assets$66,290

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$83,584
Expenses$67,879
Net Income$15,705
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 12, 2015
Return Version
2014v5.0
Gross Receipts
$91,449
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)-$24,809
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEGAN GILROYExecutive DirectorFT$40,408$1,829$42,237
BENJAMIN THOELEPresidentPT$0--
MATT BERNARDVice PresidentPT$0--
MELIA FOLEYTreasurerPT$0--
BETH CAVALIERSecretaryPT$0--
JOSHUA GUERRIERIDirectorPT$0--
ERIN TORZEWSKIDirectorPT$0--
SARAH RUPPERSBURGDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Push-ups for a Cause$32,926$32,926$3,584$29,342
Eoy Banquet$18,689$14,659$4,385$10,274
Total Events$51,615$47,585$7,969$39,616
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
Megan Gilroy
Title
Executive Director
Phone
4043235612
Signed
2015-10-12

Preparer

Firm
Burge & Associates Pc
Address
315 W PONCE DE LEON AVE STE 900, DECATUR, GA 30030
Preparer
Theresa Young
Phone
7704466649
Supplemental Narrative

Additional Explanations

Other

Pt III, Ln 28 - 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. THE FITNESS PROGRAM IS DESIGNED TO ACCOMMODATE ALL FITNESS LEVELS IN A NON-COMPETITIVE ENVIRONMENT. THE FITWIT FOUNDATION SPONSORS ALL FITWIT CLUBS, PROVIDING ADVISOR TRAINING, A DAILY CURRICULUM, ALL SUPPLIES NEEDED FOR TEAM-BUILDING ACTIVITIES AND WORKOUTS, STUDENT JOURNALS, GUEST FITNESS INSTRUCTORS, AND COMMUNITY VOLUNETTER SUPPORT. IN 2014 THE FITWIT FOUNDATION RAN 4 FITWIT CLUBS IN 2 MIDDLE SCHOOLS AND 1 HIGHSCHOOL. WE WORKED WITH A TOTAL OF 103 STUDENTS, RAN OVER 94 HOURS OF PROGRAM, AND HAD AN AVERAGE OF 25 CONTACT HOURS PER STUDENT. WITHIN THE POPULATION WE WORKED WITH, 85% OF STUDENTS RECEIVED FREE OR REDUCED LUNCH; 81% AFRICAN AMERICAN, 12% LATINO / HISPANIC, 2% CAUCASIAN, 1% ASIAN, 4% OTHER. THE FITWIT FOUNDATION'S 5 YEAR GOAL IS TO HAVE COMMUNITIES DEDICATED TO FITNESS THAT EMPOWER YOUNG PEOPLE TO BELIEVE IN THEMSELVES AND STRIVE FOR SUCCESS EVERY DAY ESTABLISHED IN 25 SCHOOLS THROUGHOUT METRO ATLANTA. WHILE DECREASING OBESITY AND IMPROVING FITNESS ARE IMPORTANT TO US, OUR PRIMARY AIM LIES IN USING FITNESS AS THE VEHICLE TO MPOWER CHILDREN TO BELIEVE IN THEMSELVES AND STRIVE FOR SUCCESS EVERY DAY. WE RECOGNIZE THE IMPACT PHYSICAL ACTIVITY HAS ON A PERSON'S OVERALL WELL-BEING. THE IMPORTANCE OF PHYSICAL ACTIVITY IS SUPPORTED BY RESEARCH THE PROVES THAT: 1)BELONGING TO A COMMUNITY INCREASES LIKELIHOOD OF HIGH SCHOOL GRADUATION (EQUATING TO A HIGHER LEVEL OF EDUCATION & 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.

Form 990EZ, Part I, Line 16

Advertising and website 2574. Bank and credit card processing fees 1416. Business registraion 30. Dues and subscriptions 76. Equipment and supplies 2741. Gifts / meals and entertainment 291. Insurance expense 1930. Meeting, conference, and travel 1060. Office supplies and equip 180. Other direct program expenses 2730. Payroll taxes and processing fees 6041.

Form 990EZ, Part II, Line 26

2014 payroll liabilites 0. 703.

Raw XML Appendix185 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pt III, Ln 28 - 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. THE FITNESS PROGRAM IS DESIGNED TO ACCOMMODATE ALL FITNESS LEVELS IN A NON-COMPETITIVE ENVIRONMENT. THE FITWIT FOUNDATION SPONSORS ALL FITWIT CLUBS, PROVIDING ADVISOR TRAINING, A DAILY CURRICULUM, ALL SUPPLIES NEEDED FOR TEAM-BUILDING ACTIVITIES AND WORKOUTS, STUDENT JOURNALS, GUEST FITNESS INSTRUCTORS, AND COMMUNITY VOLUNETTER SUPPORT. IN 2014 THE FITWIT FOUNDATION RAN 4 FITWIT CLUBS IN 2 MIDDLE SCHOOLS AND 1 HIGHSCHOOL. WE WORKED WITH A TOTAL OF 103 STUDENTS, RAN OVER 94 HOURS OF PROGRAM, AND HAD AN AVERAGE OF 25 CONTACT HOURS PER STUDENT. WITHIN THE POPULATION WE WORKED WITH, 85% OF STUDENTS RECEIVED FREE OR REDUCED LUNCH; 81% AFRICAN AMERICAN, 12% LATINO / HISPANIC, 2% CAUCASIAN, 1% ASIAN, 4% OTHER. THE FITWIT FOUNDATION'S 5 YEAR GOAL IS TO HAVE COMMUNITIES DEDICATED TO FITNESS THAT EMPOWER YOUNG PEOPLE TO BELIEVE IN THEMSELVES AND STRIVE FOR SUCCESS EVERY DAY ESTABLISHED IN 25 SCHOOLS THROUGHOUT METRO ATLANTA. WHILE DECREASING OBESITY AND IMPROVING FITNESS ARE IMPORTANT TO US, OUR PRIMARY AIM LIES IN USING FITNESS AS THE VEHICLE TO MPOWER CHILDREN TO BELIEVE IN THEMSELVES AND STRIVE FOR SUCCESS EVERY DAY. WE RECOGNIZE THE IMPACT PHYSICAL ACTIVITY HAS ON A PERSON'S OVERALL WELL-BEING. THE IMPORTANCE OF PHYSICAL ACTIVITY IS SUPPORTED BY RESEARCH THE PROVES THAT: 1)BELONGING TO A COMMUNITY INCREASES LIKELIHOOD OF HIGH SCHOOL GRADUATION (EQUATING TO A HIGHER LEVEL OF EDUCATION & 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADVERTISING AND WEBSITE 2574. BANK AND CREDIT CARD PROCESSING FEES 1416. BUSINESS REGISTRAION 30. DUES AND SUBSCRIPTIONS 76. EQUIPMENT AND SUPPLIES 2741. GIFTS / MEALS AND ENTERTAINMENT 291. INSURANCE EXPENSE 1930. MEETING, CONFERENCE, AND TRAVEL 1060. OFFICE SUPPLIES AND EQUIP 180. OTHER DIRECT PROGRAM EXPENSES 2730. PAYROLL TAXES AND PROCESSING FEES 6041.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22014 PAYROLL LIABILITES 0. 703.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGAN GILROY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04043235612
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FITWIT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FITW
ReturnHeader/Filer/EIN0262114682
ReturnHeader/Filer/PhoneNum04043235612
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5486
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURGE & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0315 W PONCE DE LEON AVE STE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DECATUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030030
ReturnHeader/PreparerPersonGrp/PhoneNum07704466649
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THERESA YOUNG
ReturnHeader/ReturnTs02015-11-13T06:28:58-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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