Civic Intelligence

Fit & Able Productions Inc

EIN 56-2171259 • 501(c)3 • Cary, NC

Profile

Promoting community, youth, adult, and family health, wellness, and fitness through staging community charitable and athletic events and races for participants of any age, skill level, or ability.

512 Cole Stream CtCary, NC 27513

www.fitandableproductions.com

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N • <$500k nonprofits • Source year 2025

Liabilities / Revenue

73rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N • <$500k nonprofits • Source year 2025

Net Margin

50th percentile

4.4%

Higher net margin than 50% of similar nonprofits.

NTEE N40 • <$500k nonprofits • Source year 2025

Top Officer Pay

100th percentile

$96,000

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 30.3% of source-year revenue.

NTEE N40 • <$500k nonprofits • Source year 2025

Asset Growth

53rd percentile

6.4%

Faster asset growth than 53% of similar nonprofits.

NTEE N • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

1.1%

Faster revenue growth than 46% of similar nonprofits.

NTEE N • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$172,800

Up $25,562 (+17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$172,800

Up $25,562 (+17%) from 2023

Revenue

Up

$313,873

Up $30,549 (+11%) from 2023

Expenses

Up

$280,985

Up $28,531 (+11%) from 2023

Net Income

Up

$32,888

Up $2,018 (+6.5%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $100,897Liabilities 2015: $02015Assets 2016: $116,189Liabilities 2016: $02016Assets 2017: $126,543Liabilities 2017: $02017Assets 2018: $116,996Liabilities 2018: $02018Assets 2019: $133,563Liabilities 2019: $17,723Net Assets 2019: $115,8402019Assets 2020: $128,955Liabilities 2020: $02020Assets 2021: $116,645Liabilities 2021: $0Net Assets 2021: $116,6452021Assets 2022: $123,913Liabilities 2022: $0Net Assets 2022: $123,9132022Assets 2023: $147,238Liabilities 2023: $0Net Assets 2023: $147,2382023Assets 2024: $172,800Liabilities 2024: $0Net Assets 2024: $172,8002024

Highlighted filing

2024

Assets$172,800
Liabilities$0
Net Assets$172,800

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $73,831Expenses 2015: $70,306Net Income 2015: $3,5252015Revenue 2016: $128,357Expenses 2016: $113,065Net Income 2016: $15,2922016Revenue 2017: $129,655Expenses 2017: $119,301Net Income 2017: $10,3542017Revenue 2018: $164,121Expenses 2018: $173,668Net Income 2018: -$9,5472018Revenue 2019: $221,184Expenses 2019: $241,387Net Income 2019: -$20,2032019Revenue 2020: $177,360Expenses 2020: $164,245Net Income 2020: $13,1152020Revenue 2021: $228,678Expenses 2021: $234,771Net Income 2021: -$6,0932021Revenue 2022: $248,386Expenses 2022: $248,588Net Income 2022: -$2022022Revenue 2023: $283,324Expenses 2023: $252,454Net Income 2023: $30,8702023Revenue 2024: $313,873Expenses 2024: $280,985Net Income 2024: $32,8882024

Highlighted filing

2024

Revenue$313,873
Expenses$280,985
Net Income$32,888

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 28, 2025
Return Version
2024v5.0
Gross Receipts
$313,873
Mission and Program Overview

Mission

Promoting community, youth, adult, and family health, wellness, and fitness through staging community charitable and athletic events and races for participants of any age, skill level, or ability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$52,743$89,110▲ $36,367
Land, Buildings, and Equipment, Net$45,995$38,190▼ $7,805
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$147,238$172,800▲ $25,562
Other Assets Total$48,500$45,500▼ $3,000
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$147,238$172,800▲ $25,562
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$147,238$172,800▲ $25,562
Total Liabilities and Net Assets / Fund Balance$147,238$172,800▲ $25,562

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,190$61,435$99,625
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Other Assets Org$9,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Travis Wright ColopyExecutive DirectorFT$96,000$96,000

Board Members and Trustees

NameTitle
Alisa Wright ColopyPresident, Treasurer, and Secretary
Anika WeberBoard Member
Chris DreikosenBoard Member
James LeifesteBoard Member
Michael Wright ColopyBoard Member
Paul NowickiBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$9,250
Program Service Revenue
$304,623
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,250
Change in Net Assets
$32,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,784
Salaries, Compensation, and Employee Benefits$131,418
Grants and Similar Amounts Paid$5,783
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$96,000$0$96,000
Fees for Services Management$12,000$24,000$0$36,000
Other Salaries and Wages$20,808$0$0$20,808
Insurance$3,153$6,637$0$9,790
Payroll Taxes$1,592$7,344$0$8,936
Office Expenses$1,825$6,451$0$8,276
Fees for Services Other$7,600$0$0$7,600
Grants to Domestic Orgs$5,783--$5,783
Other Employee Benefits$0$5,674$0$5,674
Occupancy$5,541$0$0$5,541
Other Expenses$0$5,129$0$5,129
Advertising$3,474--$3,474
Conferences and Meetings$0$91$0$91
Fees for Services Accounting$0$41$0$41
Total Functional Expenses$115,297$165,688$0$280,985
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Travis Wright Colopy - Family Relationship, Alisa Wright Colopy - Family Relationship, Michael Wright Colopy - Family Relationship

Form 990, Part VI, Section B, Line 11B

Once the Form 990 and all schedules have been completed for the text year the board of directors convenes to review the document together. The Form 990 packet is reviewed line-by-line and checked against both detailed Profit & Loss and Income Statements for the tax year. If any board member raises a question or concern about the information provided on the Forms 990 the issue is discussed any any required amendments are made at that time or noted for future discussion if further research and review is necessary before filing the Form 990.

Form 990, Part VI, Section B, Line 15

The board of directors determines compensation for the Executive Director and other key officers and staff using compensation survey data from both local and national nonprofit and athletic industry sources. The North Carolina Center for Nonprofits provides a comprehensive survey of local nonprofits of various sizes and industries that includes compensation data on many leadership and management positions. National athletic industry sources included compensation surveys from Road Runners Club of America, RunSignUp, Running in the USA, and Road Race Management that provides data on different segments of the industry, including both for-profit and nonprofit organizations, and different positions.

Form 990, Part VI, Section C, Line 19

The Privacy Policy, Terms & Conditions, and key Disclaimers are available to the public on the organization's main website. The Conflict of Interest, Document Retention, Gift Acceptance, and Whistleblower Policies are available to the public upon request. The organization's Governing Documents and Financial Statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Fit & Able Productions Inc
EIN
56-2171259
Phone
9196734689
Address
512 Cole Stream Ct, Cary, NC 27513

Signing Officer

Name
Travis Wright Colopy
Title
Executive Director
Phone
9196734689
Signed
2025-02-28

Organization Details

Principal Officer
Travis Wright Colopy
Formed
1999
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
17
Volunteers
450
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Due to (i) declining program participation from new competing programs, (ii) many long-term athletes qualifying for their school or other travel sports teams, and (iii) long-term volunteer coaches retiring from the programs, we no longer provide coaching or training programs or services to any athletes.

Form 990, Part XI, Line 9

Some general equipment and supplies were damaged beyond repair by severe weather at one or more of our events and were disposed of. Other equipment and supplies were disposed of due to being obsolete and unnecessary and not of resale value. No single item was valuable enough to list individually so all property that was disposed of is listed in aggregate. Due to ongoing supply chain issues or higher prices due to inflation many of those items have not been replaced yet or may not be replaced at all.

Raw XML AppendixShowing 400 of 657 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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IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt061435
IRS990/LandBldgEquipBasisNetGrp/BOYAmt045995
IRS990/LandBldgEquipBasisNetGrp/EOYAmt038190
IRS990/LandBldgEquipCostOrOtherBssAmt099625
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Promoting community, youth, adult, and family health, wellness, and fitness through staging community charitable and athletic events and races for participants of any age, skill level, or ability.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesBOYAmt0147238
IRS990/NetAssetsOrFundBalancesEOYAmt0172800
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
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IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficeExpensesGrp/FundraisingAmt00
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IRS990/OfficeExpensesGrp/ProgramServicesAmt01825
IRS990/OfficeExpensesGrp/TotalAmt08276
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IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt048500
IRS990/OtherAssetsTotalGrp/EOYAmt045500
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05674
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IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Equipment Rental & Maintenance
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IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
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IRS990/OtherExpensesGrp/TotalAmt150989
IRS990/OtherExpensesGrp/TotalAmt212666
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07344
IRS990/PayrollTaxesGrp/ProgramServicesAmt01592
IRS990/PayrollTaxesGrp/TotalAmt08936
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IRS990/ProgramServiceRevenueGrp/Desc0Athletic Event Production
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt06505
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IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
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IRS990/PYRevenuesLessExpensesAmt030870
IRS990/PYSalariesCompEmpBnftPaidAmt0128601
IRS990/PYTotalExpensesAmt0252454
IRS990/PYTotalProfFndrsngExpnsAmt00

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