Exercisabilities Inc
- Assets
- $1.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 43
- Location
- Rochester, MN
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 45-5214117
Organization Overview
Exercisabilities Inc is located in Rochester, MN. The organization was established in 2015. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Exercisabilities Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exercisabilities 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 12/2021, Exercisabilities Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 19.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAKING HAPPY, HEALTHY, AND INDEPENDENT POSSIBLE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SECURED A LEASE AT A BUILDING RIGHT NEXT DOOR TO EXPAND ANOTHER 5,000 SQUARE FEET TO HOUSE OUR PEDIATRIC REHAB AND FAMILY WELLNESS CENTER WHICH COMPLETED CONSTRUCTION IN 2021. WE SERVE A LARGE VOLUME OF STATE MEDICAID AND UCARE INSURANCE AS WELL AS 15% CULTURALLY DIVERSE CHILDREN. WE WILL BE ABLE TO DOUBLE OUR SERVICES IN THIS SPACE AND SERVE A WAIT LIST THAT CURRENTLY HAS 50 FAMILIES ON IT.
FOREVER STRONG GREW IN ALL ACCESS PRO BONO NEED WITH AN INCREASE OF PEOPLE LIVING IN POVERTY NEEDING OUR SPECIALIZED WELLNESS SERVICES. THIS PROMPTED US TO BEGIN STRATEGY TO DESIGN AN ALL ACCESS PRO BONO WELLNESS CLINIC FOR HEALTH AND POST REHABILITATION CARE. WE PLAN IN 2021 TO HIRE A VOLUNTEER COORDINATOR AND BEGIN TO TRAIN AND RECRUIT PROFESSIONAL VOLUNTEERS TO DELIVER HIGH QUALITY WELLNESS SERVICES WITHIN OUR ALREADY BUSY CLINIC WALLS. THIS WILL PROVIDE FREE AND REDUCED FEE SERVICES TO MORE THAN 200 PEOPLE AND MORE THAN 30,000+ HOURS OF SERVICE CARE PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Brennen Executive Director | OfficerTrustee | 40 | $108,083 |
Kathy Karls Secretary | OfficerTrustee | 2 | $0 |
Misha Hanson Treasurer | OfficerTrustee | 2 | $0 |
Ron Hanson President | Trustee | 1 | $0 |
Craig Wendland Board Member | Trustee | 1 | $0 |
Anne Becker Former Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $458,675 |
| Noncash contributions included in lines 1a–1f | $9,755 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $463,675 |
| Total Program Service Revenue | $1,636,767 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,645 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,102,087 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,326 |
| Compensation of current officers, directors, key employees. | $24,859 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,127,871 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,660 |
| Payroll taxes | $88,314 |
| Fees for services: Management | $2,250 |
| Fees for services: Legal | $8,337 |
| Fees for services: Accounting | $15,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,830 |
| Office expenses | $11,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,401 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,921 |
| Interest | $67,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,362 |
| Insurance | $18,776 |
| All other expenses | $74,230 |
| Total functional expenses | $1,885,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,821 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $175,028 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,248 |
| Net Land, buildings, and equipment | $1,190,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $90,265 |
| Total assets | $1,848,752 |
| Accounts payable and accrued expenses | $107,877 |
| Grants payable | $0 |
| Deferred revenue | $4,760 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,095,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$11,483 |
| Total liabilities | $1,196,154 |
| Net assets without donor restrictions | $637,035 |
| Net assets with donor restrictions | $15,563 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,848,752 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Exercisabilities Inc has recieved totaling $117,100.
| Awarding Organization | Amount |
|---|---|
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $45,000 |
Nextfifty Initiative Denver, CO PURPOSE: GENERAL OPERATING SUPPORT FOR THERAPEUTIC HEALTH AND WELLBEING CLINIC FOR OLDER ADULTS WITH CHRONIC CONDITIONS | $20,000 |
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $20,000 |
Rochester Area Foundation Rochester, MN PURPOSE: PROGRAM SUPPORT | $18,600 |
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ PURPOSE: ADAPTIVE SPORTS | $13,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regions Hospital Foundation Minneapolis, MN | $38,267,048 | $23,350,215 |
Rural Health Resource Center Duluth, MN | $3,768,085 | $11,820,757 |
Regional Enterprises Inc Ashland, WI | $4,269,557 | $6,977,377 |
Community Memorial Healthcenter Association Hartley, IA | $12,490,271 | $6,250,089 |
Eh Services Inc Saint Paul, MN | $3,146,077 | $4,831,668 |
South Dakota Lions Eye And Tissue Bank Inc Sioux Falls, SD | $6,657,515 | $6,770,090 |
Brown County Oral Healthpartnership Inc Green Bay, WI | $5,527,051 | $5,935,220 |
Independent Living Choices Sioux Falls, SD | $4,914,691 | $4,172,485 |
South Dakota Urban Indian Health Inc Sduih Pierre, SD | $2,836,800 | $3,549,609 |
Wisconsin Primary Health Care Association Inc Madison, WI | $1,464,372 | $2,976,391 |
Wisconsin Collabortive Healthcare Quality Inc Madison, WI | $3,967,771 | $2,543,668 |
Haiti Eye Mission Fargo, ND | $23,203 | $2,068,100 |