Fitlot Inc
- Assets
- $1.2m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 4
- Location
- New Orleans, LA
- Founding
- 09/2013
- Data as of
- 12/2020
- EIN
- 46-2195523
Organization Overview
Fitlot Inc is located in New Orleans, LA. The organization was established in 2013. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Fitlot Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fitlot 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 12/2020, Fitlot Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 29.8% each year . All expenses for the organization totaled $3.4m during the year ending 12/2020. While expenses have increased by 15.9% per year over the past 2 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.
Since 2019, Fitlot Inc has awarded 56 individual grants totaling $8,681,155. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN PEOPLE AND THIER COMMUNITIES BY SUPPORTING THE CREATION OF LOCAL FITNESS PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FITLOT IS COMMITTED TO HELP COMMUNITIES FIND THE RESOURCES THEY NEED TO PLAN, BUILD AND PROGRAM OUTDOOR FITNESS PARKS. WE BELIEVE EVERY INDIVIDUAL CAN, AND SHOULD, ENJOY THE HEALTH BENEFITS OF AN ACTIVE LIFESTYLE. FITLOT'S VISION IS FOR EVERY INDIVIDUAL TO HAVE ACCESS TO A COST-FREE EXERCISE SPACE WITHIN WALKING DISTANCE OF THEIR HOMES. A FITLOT IS AN OUTDOOR FITNESS PARK THAT MAKES THE BENEFITS OF INDOOR EXERCISE TRAINING FREE AND ACCESSIBLE TO THE PUBLIC. A FITLOT FITNESS AREA CONSISTS OF OUTDOOR FITNESS STATIONS DESIGNED TO USE ONE'S OWN BODY WEIGHT AS RESISTANCE, MAKING EACH PIECE OF EQUIPMENT AGE, GENDER, AND ABILITY BASED. IN 2019, FITLOT PARTNERED WITH AARP TO BUILD A FITLOT IN ALL 50 STATES, INCLUDING D.C, PUERTO RICO, AND THE US VIRGIN ISLANDS OVER A 3-YEAR SCOPE. DURING 2021, FITLOT COMPLETED 18 PARKS IN DIFFERENT MAJOR CITIES AROUND THE COUNTRY AND IN PUERTO RICO.IN ADDITION, FITLOT FACILITATED PROGRAM GRANTS FOR COMMUNITY PARTNERS TO ACTIVATE THE AARP SPONSORED OUTDOOR FITNESS PARKS WITH NO-COST COMMUNITY CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Mejerson Executive Director | Officer | 40 | $92,828 |
Steve Lewine Vice President | OfficerTrustee | 1 | $0 |
Curt Kole Treasurer | OfficerTrustee | 1 | $0 |
James Cummings President | OfficerTrustee | 1 | $0 |
Arianna Baseman Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Landscape Structures Inc Construction: 18 Fitlot Fitness Parks - | 12/30/21 | $1,374,971 |
Exerplay Inc Construction: Concrete, Installation & S | 12/30/21 | $160,606 |
Imagine That Playsystems Llc Construction: Concrete & Installation Of | 12/30/21 | $133,828 |
Surface America Construction: Surfacing Materials & Inst | 12/30/21 | $325,328 |
Hunts Valley Contractors Inc Construction: Concrete & Installation Of | 12/30/21 | $196,265 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,428,404 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,428,404 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$415 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,427,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,998,699 |
| 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. | $96,536 |
| Compensation of current officers, directors, key employees. | $48,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $128,089 |
| Pension plan accruals and contributions | $3,240 |
| Other employee benefits | $9,283 |
| Payroll taxes | $17,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,106 |
| Fees for services: Accounting | $15,835 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,272 |
| Advertising and promotion | $1,883 |
| Office expenses | $6,708 |
| Information technology | $14,842 |
| Royalties | $0 |
| Occupancy | $2,865 |
| Travel | $1,266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,072 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $25,496 |
| All other expenses | $16,100 |
| Total functional expenses | $3,356,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,230,890 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,230,890 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $47,622 |
| Other liabilities | $4,369 |
| Total liabilities | $51,991 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,178,899 |
| Total liabilities and net assets/fund balances | $1,230,890 |
Grants Awarded
Over the last fiscal year, Fitlot Inc has awarded $3,079,567 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Princeville, HI PURPOSE: TO PROVIDE CITIZENS WITH A COST-FREE OUTDOOR FITNESS PARK AND NO-COST OUTDOOR FITNESS CLASSES. | $256,767 |
WILLAMALANE PARK AND RECREATION DISTRICT PURPOSE: TO PROVIDE CITIZENS WITH A COST-FREE OUTDOOR FITNESS PARK AND NO-COST OUTDOOR FITNESS CLASSES. | $182,423 |
VIRGINIA BEACH PARKS & RECREATION PURPOSE: TO PROVIDE CITIZENS WITH A COST-FREE OUTDOOR FITNESS PARK AND NO-COST OUTDOOR FITNESS CLASSES. | $180,842 |
MUNICIPIO AUTNOMO DE GUAYNABO PURPOSE: TO PROVIDE CITIZENS WITH A COST-FREE OUTDOOR FITNESS PARK AND NO-COST OUTDOOR FITNESS CLASSES. | $178,020 |
SACRAMENTO PARKS & RECREATION YOUTH PARKS & COMMUNITY ENRICHMENT PURPOSE: TO PROVIDE CITIZENS WITH A COST-FREE OUTDOOR FITNESS PARK AND NO-COST OUTDOOR FITNESS CLASSES. | $169,837 |
CITY OF CHARLESTON PURPOSE: TO PROVIDE CITIZENS WITH A COST-FREE OUTDOOR FITNESS PARK AND NO-COST OUTDOOR FITNESS CLASSES. | $167,868 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fitlot Inc has recieved totaling $3,049,675.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Grant to support AARP's livable communities initiative by building 7 fitness parks | $3,049,670 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Trees Foundation Dallas, TX | $8,139,895 | $6,093,580 |
Datta Yoga Center Frisco, TX | $39,680,458 | $7,267,596 |
Fitlot Inc New Orleans, LA | $1,230,890 | $4,427,989 |
Road Runners Club Of America Metairie, LA | $439,853 | $1,644,210 |
Chancellors Family Center Houston, TX | $3,000,312 | $1,420,020 |
Sigma Performance Swimming Fort Worth, TX | $336,813 | $1,366,360 |
Fit Feat New Braunfels, TX | $1,605,303 | $1,468,066 |
Greater San Antonio After-School All Stars San Antonio, TX | $1,365,793 | $1,293,179 |
Crrc Of Canyon Lake Inc Canyon Lake, TX | $3,905,422 | $1,301,235 |
Kinetic Kids Inc San Antonio, TX | $978,066 | $1,408,485 |
Springdale Benevolent Foundation Springdale, AR | $2,342,056 | $947,504 |
San Antonio Parks Foundation San Antonio, TX | $2,616,803 | $629,592 |