Emerald Coast Fitness Foundation
EIN: 472708975 · Ft Walton Bch, FL · NTEE: N30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $978K |
| Net Assets | $94K |
Is Emerald Coast Fitness Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Emerald Coast Fitness Foundation
Emerald Coast Fitness Foundation (EIN: 472708975) is a nonprofit organization based in Ft Walton Bch, FL, classified under NTEE code N30. The organization reported total revenue of $1.2M and total assets of $244K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emerald Coast Fitness Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emerald Coast Fitness Foundation is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $963K |
| Total Expenses | $978K |
| Surplus / Deficit | $-14,624 |
| Total Assets | $138K |
| Total Liabilities | $44K |
| Net Assets | $94K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 32.0% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Emerald Coast Fitness Foundation reported a deficit of $15K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 32.0% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Emerald Coast Fitness Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | +9.2% | -8.4% |
| 2022 | +21.1% | +26.7% | +28.1% |
| 2021 | +33.7% | +22.8% | +15.7% |
| 2020 | -13.2% | -8.4% | -25.3% |
| 2019 | +28.4% | +21.0% | +283.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Emerald Coast Fitness Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Emerald Coast Fitness Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.0%.
Frequently Asked Questions about Emerald Coast Fitness Foundation
Is Emerald Coast Fitness Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Emerald Coast Fitness Foundation (EIN: 472708975) insufficient data. 0 red flags identified, 0 strengths noted.
How does Emerald Coast Fitness Foundation spend its money?
Detailed spending breakdown data is not yet available for Emerald Coast Fitness Foundation. Check back for updated IRS 990 analysis.
Are donations to Emerald Coast Fitness Foundation tax-deductible?
Emerald Coast Fitness Foundation is registered as a tax-exempt nonprofit (EIN: 472708975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Emerald Coast Fitness Foundation located?
Emerald Coast Fitness Foundation is headquartered in Ft Walton Bch, Florida and files with the IRS under EIN 472708975. It is classified under NTEE code N30.
How many years of IRS 990 filings does Emerald Coast Fitness Foundation have?
Emerald Coast Fitness Foundation has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Emerald Coast Fitness Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Emerald Coast Fitness Foundation's revenue has grown by 249.2%, moving from $276K to $963K. Total assets increased by 265.7% over the same period, from $38K to $138K. Total functional expenses rose by 310.6%, from $238K to $978K. In its most recent filing year (2023), Emerald Coast Fitness Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $44K in liabilities against $138K in assets (debt-to-asset ratio: 32.0%), resulting in net assets of $94K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $963K | $978K | $138K | $44K | — | — |
| 2022 | $919K | $895K | $150K | $21K | — | — |
| 2021 | $759K | $707K | $117K | $5K | — | View 990 |
| 2020 | $567K | $575K | $101K | $42K | — | View 990 |
| 2019 | $654K | $628K | $136K | $45K | — | View 990 |
| 2018 | $509K | $519K | $35K | $3K | — | View 990 |
| 2017 | $587K | $577K | $48K | $6K | — | View 990 |
| 2016 | $240K | $246K | $32K | $0 | — | View 990 |
| 2015 | $276K | $238K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $963K, expenses of $978K, and assets of $138K (revenue +4.8% year-over-year).
- 2022: Revenue of $919K, expenses of $895K, and assets of $150K (revenue +21.1% year-over-year).
- 2021: Revenue of $759K, expenses of $707K, and assets of $117K (revenue +33.7% year-over-year).
- 2020: Revenue of $567K, expenses of $575K, and assets of $101K (revenue -13.2% year-over-year).
- 2019: Revenue of $654K, expenses of $628K, and assets of $136K (revenue +28.4% year-over-year).
- 2018: Revenue of $509K, expenses of $519K, and assets of $35K (revenue -13.3% year-over-year).
- 2017: Revenue of $587K, expenses of $577K, and assets of $48K (revenue +145.0% year-over-year).
- 2016: Revenue of $240K, expenses of $246K, and assets of $32K (revenue -13.0% year-over-year).
- 2015: Revenue of $276K, expenses of $238K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emerald Coast Fitness Foundation:
Data Sources and Methodology
This transparency report for Emerald Coast Fitness Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.