Fit Kids America Inc is located in Palm Coast, FL. The organization was established in 2006. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fit Kids America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Fit Kids America Inc generated $860.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $900.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FITNESS FLAG FOOTBAL
FITNESS FOR CHILDREN TENNIS
FITNESS CHEER FOR CHILDREN
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Gambill President | 0 | $82,250 | |
Harold Gambill Vice Preside | 0 | $77,350 | |
Kathy Missett Secretary | 0 | $0 | |
Valerie Diekkmann Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $860,163 |
| Other Income | $0 |
| Total Revenue | $860,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $159,600 |
| Other employee salaries and wages | $391,391 |
| Pension plans, employee benefits | $83,449 |
| Interest | $177 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $11,085 |
| Travel, conferences, and meetings | $12,751 |
| Printing and publications | $0 |
| Other expenses | $229,069 |
| Total operating and administrative expenses | $900,390 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $900,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,042 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $31,654 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $102,696 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $3,695 |
| Other liabilities | $31,899 |
| Total liabilities | $35,594 |