Civic Intelligence

Fit Feat Inc

990 • Fiscal year 2020 • EIN 46-4323551

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

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

70th percentile

0.29x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.37x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

46th percentile

3.5%

Higher net margin than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

56th percentile

$72,828

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

56th percentile

8.6%

Faster asset growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-37%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,181,408

Up $93,783 (+8.6%) from 2019

Net Assets

Up

$836,339

Up $28,364 (+3.5%) from 2019

Liabilities

Up

$345,069

Up $65,419 (+23%) from 2019

Revenue

Down

$929,889

Down $557,696 (-37%) from 2019

Expenses

Down

$897,411

Down $119,144 (-12%) from 2019

Net Income

Down

$32,478

Down $438,552 (-93%) from 2019

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

2020

Assets$1,181,408
Liabilities$345,069
Net Assets$836,339

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

2020

Revenue$929,889
Expenses$897,411
Net Income$32,478
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$929,889
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
Land, Buildings, and Equipment, Net$911,480$897,494▼ $13,986
Rtn Earn Endowment Incm Other Fnds$807,975$836,339▲ $28,364
Cash and Non-Interest-Bearing Accounts$41,473$159,207▲ $117,734
Savings and Temporary Cash Investments$125,924$115,959▼ $9,965
Total Assets$1,087,625$1,181,408▲ $93,783
Other Assets Total$8,748$8,748→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$270,995$334,456▲ $63,461
Accounts Payable and Accrued Expenses$8,655$10,613▲ $1,958
Total Liabilities$279,650$345,069▲ $65,419
Net Assets / Fund Balance
Total Net Assets Fund Balance$807,975$836,339▲ $28,364
Total Liabilities and Net Assets / Fund Balance$1,087,625$1,181,408▲ $93,783

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$50,149--
Land$820,410--
Equipment$16,730--
Leasehold Improvements$65,697--
Other Assets Org$8,748--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Garrett PoolePresidentFT$72,828$72,828
Ally PooleSecretary / TreasurerFT$60,000$60,000
Sarah BerdozaVice PresidentFT$52,300$52,300

Board Members and Trustees

NameTitle
Tomas BerdozaBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$929,854
Investment Income
$35
Other Revenue
$0
Change in Net Assets
$32,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$578,427
Other Expenses$318,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$276,836$0$0$276,836
Current Officers, Directors, Trustees, and Key Employees$185,128$0$0$185,128
Occupancy$134,410$0$0$134,410
Payroll Taxes$0$116,463$0$116,463
All Other Expenses$16,681$32,281$0$48,962
Advertising$0$26,786$0$26,786
Depreciation Depletion$15,825$0$0$15,825
Conferences and Meetings$14,831$0$0$14,831
Interest$0$14,675$0$14,675
Insurance$0$8,980$0$8,980
Travel$4,984$0$0$4,984
Fees for Services Accounting$0$1,820$0$1,820
Information Technology$0$947$0$947
Other Expenses$0$586$0$586
Fees for Services Management$55$0$0$55
Office Expenses$0$33$0$33
Total Functional Expenses$679,025$218,386$0$897,411
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 35% controlled entity
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
2021-11-09
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
29
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 52750. 0. 0.

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IRS990/ReconcilationRevenueExpnssAmt032478
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0309951
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0807975
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0836339
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0125924
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0115959
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0300000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0300000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0929854
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01187399
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0927353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0661254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0317141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04023001
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04323001
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0929854
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01487399
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0927353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0661254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0317141
IRS990ScheduleA/Total509Grp/TotalAmt04323001
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04323001
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt016730
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016730
IRS990ScheduleD/LandGrp/BookValueAmt0820410
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0820410
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt065697
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt065697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08748
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt050149
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt050149
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0952986
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08748
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt033090
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/TotalBalanceDueAmt033090
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 52750. 0. 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01087625
IRS990/TotalAssetsEOYAmt01181408
IRS990/TotalAssetsGrp/BOYAmt01087625
IRS990/TotalAssetsGrp/EOYAmt01181408
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0218386
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0679025
IRS990/TotalFunctionalExpensesGrp/TotalAmt0897411
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0279650
IRS990/TotalLiabilitiesEOYAmt0345069
IRS990/TotalLiabilitiesGrp/BOYAmt0279650
IRS990/TotalLiabilitiesGrp/EOYAmt0345069
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0807975
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0836339
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt052750
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0679025
IRS990/TotalProgramServiceRevenueAmt0929854
IRS990/TotalReportableCompFromOrgAmt0185128
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0929889
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0929889
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01087625
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01181408
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt04984
IRS990/TravelGrp/TotalAmt04984
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARRETT POOLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08304266269
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIT FEAT INC
ReturnHeader/Filer/BusinessNameControlTxt0FITF
ReturnHeader/Filer/EIN0464323551
ReturnHeader/Filer/PhoneNum08304266269
ReturnHeader/Filer/USAddress/AddressLine1Txt01965 POST ROAD
ReturnHeader/Filer/USAddress/CityNm0NEW BRAUNFELS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX

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