Fit Academy
Apple Valley, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
7 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,697,829↑30% | $5,785,487↑25% | $9,756,945↑83% | |
| 2022 | $4,399,675 | $4,644,621↑4% | $5,343,445↑56% | — |
| 2021 | $4,405,584↑17% | $4,455,524↑6% | $3,420,661↑4% | — |
| 2020 | $3,755,926↓5% | $4,207,265↑15% | $3,301,985↓14% | — |
| 2019 | $3,940,351↑56% | $3,666,357↑49% | $3,835,846↑287% | — |
| 2018 | $2,530,600↑1225% | $2,458,143↑1440% | $991,073↑1102% | — |
| 2017 | $191,009 | $159,577 | $82,463 | — |
Frequently Asked Questions
What does Fit Academy do?▼
Fit Academy is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Fit Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Fit Academy has a score of 42/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Fit Academy generate?▼
Fit Academy reports $6.9M in annual revenue and holds $9.0M in total assets, based on IRS filings.
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