Civic Intelligence

Fit Feat Inc

990 • Fiscal year 2018 • EIN 46-4323551

Jan 01, 2018 to Dec 31, 2018 • Filed on May 07, 2019

1965 Post RoadNew Braunfels, TX 78130

(830) 426-6269

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$73,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

88th percentile

46%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

40%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$363,073

Up $114,257 (+46%) from 2017

Net Assets

Up

$357,947

Up $114,577 (+47%) from 2017

Liabilities

Down

$5,126

Down $320 (-5.9%) from 2017

Revenue

Up

$927,584

Up $266,225 (+40%) from 2017

Expenses

Up

$813,007

Up $343,417 (+73%) from 2017

Net Income

Down

$114,577

Down $77,192 (-40%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $16,244Net Assets 2014: $16,2442014Assets 2015: $21,408Net Assets 2015: $21,4082015Assets 2016: $57,709Liabilities 2016: $5,017Net Assets 2016: $52,6922016Assets 2017: $248,816Liabilities 2017: $5,446Net Assets 2017: $243,3702017Assets 2018: $363,073Liabilities 2018: $5,126Net Assets 2018: $357,9472018Assets 2019: $1,087,625Liabilities 2019: $279,650Net Assets 2019: $807,9752019Assets 2020: $1,181,408Liabilities 2020: $345,069Net Assets 2020: $836,3392020Assets 2021: $1,605,303Liabilities 2021: $327,879Net Assets 2021: $1,277,4242021Assets 2022: $1,992,225Liabilities 2022: $325,024Net Assets 2022: $1,667,2012022Assets 2023: $2,618,775Liabilities 2023: $349,766Net Assets 2023: $2,269,0092023Assets 2024: $5,881,166Liabilities 2024: $4,415,939Net Assets 2024: $1,465,2272024

Highlighted filing

2018

Assets$363,073
Liabilities$5,126
Net Assets$357,947

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2014: $37,278Expenses 2014: $21,034Net Income 2014: $16,2442014Revenue 2015: $144,075Expenses 2015: $138,911Net Income 2015: $5,1642015Revenue 2016: $317,143Expenses 2016: $285,572Net Income 2016: $31,5712016Revenue 2017: $661,359Expenses 2017: $469,590Net Income 2017: $191,7692017Revenue 2018: $927,584Expenses 2018: $813,007Net Income 2018: $114,5772018Revenue 2019: $1,487,585Expenses 2019: $1,016,555Net Income 2019: $471,0302019Revenue 2020: $929,889Expenses 2020: $897,411Net Income 2020: $32,4782020Revenue 2021: $1,468,066Expenses 2021: $1,142,268Net Income 2021: $325,7982021Revenue 2022: $1,580,778Expenses 2022: $1,194,371Net Income 2022: $386,4072022Revenue 2023: $1,878,564Expenses 2023: $1,298,940Net Income 2023: $579,6242023Revenue 2024: $1,923,110Expenses 2024: $1,681,966Net Income 2024: $241,1442024

Highlighted filing

2018

Revenue$927,584
Expenses$813,007
Net Income$114,577
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 7, 2019
Return Version
2018v3.1
Gross Receipts
$927,584
Mission and Program Overview

Mission

The corporation is exclusively for charitable purposes to promote and provide instruction in amateur multi-sport activities within the meaning of section 501(c)(3) of the internal revenue code, including the making of distributions to organizations that also qualify as section 501(c)(3) exempt organizations. To this end, the corporation shall promote activities such as training, instruction, social interaction and event competition. All funds, whether income or principal, and whether acquired by gift or contribution or otherwise shall be devoted to this purpose.

The corporation is exclusively for charitable purposes to promote and provide instruction in amateur multi-sport activities within the meaning of section 501c3 of the internal revenue code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$243,370$357,947▲ $114,577
Cash and Non-Interest-Bearing Accounts$76,362$122,755▲ $46,393
Savings and Temporary Cash Investments$131,907$118,738▼ $13,169
Land, Buildings, and Equipment, Net$31,826$112,859▲ $81,033
Total Assets$248,816$363,073▲ $114,257
Other Assets Total$8,721$8,721→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,446$5,126▼ $320
Total Liabilities$5,446$5,126▼ $320
Net Assets / Fund Balance
Total Net Assets Fund Balance$243,370$357,947▲ $114,577
Total Liabilities and Net Assets / Fund Balance$248,816$363,073▲ $114,257

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$44,942$5,207-
Land$0--
Equipment$4,808$11,921-
Leasehold Improvements$63,109$2,587-
Other Assets Org$8,721--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Garrett PoolePresidentFT$73,000$73,000
Ally PooleSecretary / TreasurerFT$57,000$57,000
Sarah BerdozaVice PresidentFT$40,500$40,500

Board Members and Trustees

NameTitle
Tomas BerdozaBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$927,353
Investment Income
$231
Other Revenue
$0
Change in Net Assets
$114,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$450,943
Other Expenses$362,064
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$201,851$0$0$201,851
Current Officers, Directors, Trustees, and Key Employees$170,500$0$0$170,500
Occupancy$119,775$9,383$0$129,158
Payroll Taxes$0$78,592$0$78,592
All Other Expenses$2,857$28,446$0$31,303
Fees for Services Management$0$25,000$0$25,000
Advertising$0$18,396$0$18,396
Insurance$0$9,847$0$9,847
Depreciation Depletion$0$9,427$0$9,427
Office Expenses$0$7,828$0$7,828
Information Technology$0$5,969$0$5,969
Conferences and Meetings$0$5,834$0$5,834
Fees for Services Accounting$0$5,783$0$5,783
Travel$0$4,015$0$4,015
Fees for Services Other$0$1,081$0$1,081
Other Expenses$0$91$0$91
Total Functional Expenses$596,654$216,353$0$813,007
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fit Feat Inc
EIN
46-4323551
Phone
8304266269
Address
1965 POST ROAD, NEW BRAUNFELS, TX 78130
Doing Business As
Extreme Martial Arts & Extreme Gymnastics

Signing Officer

Name
Garrett Poole
Title
President
Phone
8304266269
Signed
2019-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garrett Poole
Formed
2013
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
1
Employees
27
Volunteers
25

Preparer

Firm
John Horton CPA
Address
25031 Burnt Arrow, San Antonio, TX 78258
Preparer
John Horton CPA
Phone
2103817030
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The report is prepared by an independent cpa and reviewed prior to filing.

Pt VI, Line 19

The docments are available, upon request to an individual who has valid cause to inspect them.

Pt VI, Line 2

The officers of the organization garrett and ally poole are married, and tomas and sarah berdoza are also married.

Pt VI, Line 6

The organization is a closely held corporation.

Form 990, Part III, Line 4D

In addition to the martial arts, gymnastics and 9897. 0. 0.

Form 990, Part IX, Line 24E

BANK FEES 29. 0. 29. 0.

Form 990, Part IX, Line 24E

MEALS 2682. 2682. 0. 0.

Form 990, Part IX, Line 24E

Entertainment at dojo 175. 175. 0. 0.

Form 990, Part IX, Line 24E

Charitable donations 7394. 0. 7394. 0.

Form 990, Part IX, Line 24E

Background checks 221. 0. 221. 0.

Form 990, Part IX, Line 24E

Credit card processing fees 20802. 0. 20802. 0.

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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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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0309118
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0243370
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0357947
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0131907
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0118738
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0927353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0661254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0317141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0144075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt037278
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02087101
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt02087101
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0927353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0661254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0317141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0144075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt037278
IRS990ScheduleA/Total509Grp/TotalAmt02087101
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02087101
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt04808
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011921
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016729
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt063109
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02587
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt065696
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08721
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044942
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05207
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050149
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0112859
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08721
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt037759
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO BEGIN OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt051667
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0GARRETT POOLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt037759
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE REPORT IS PREPARED BY AN INDEPENDENT CPA AND REVIEWED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DOCMENTS ARE AVAILABLE, UPON REQUEST TO AN INDIVIDUAL WHO HAS VALID CAUSE TO INSPECT THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS OF THE ORGANIZATION GARRETT AND ALLY POOLE ARE MARRIED, AND TOMAS AND SARAH BERDOZA ARE ALSO MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS A CLOSELY HELD CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN ADDITION TO THE MARTIAL ARTS, GYMNASTICS AND 9897. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES 29. 0. 29. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEALS 2682. 2682. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ENTERTAINMENT AT DOJO 175. 175. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CHARITABLE DONATIONS 7394. 0. 7394. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BACKGROUND CHECKS 221. 0. 221. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CREDIT CARD PROCESSING FEES 20802. 0. 20802. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0248816
IRS990/TotalAssetsEOYAmt0363073
IRS990/TotalAssetsGrp/BOYAmt0248816
IRS990/TotalAssetsGrp/EOYAmt0363073
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0216353
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0596654
IRS990/TotalFunctionalExpensesGrp/TotalAmt0813007
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05446
IRS990/TotalLiabilitiesEOYAmt05126
IRS990/TotalLiabilitiesGrp/BOYAmt05446
IRS990/TotalLiabilitiesGrp/EOYAmt05126
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0243370
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0357947
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt09897
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0596654
IRS990/TotalProgramServiceRevenueAmt0927353
IRS990/TotalReportableCompFromOrgAmt0170500
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0927584
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0927584
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0248816
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0363073
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt04015
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt04015
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01965 POST ROAD
IRS990/USAddress/CityNm0NEW BRAUNFELS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078130
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARRETT POOLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08304266269
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIT FEAT INC

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