Fit To Recover Inc
EIN: 470998466 · Salt Lake Cty, UT · NTEE: F20
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Net Assets | $570K |
Is Fit To Recover Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fit To Recover Inc
Fit To Recover Inc (EIN: 470998466) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code F20. The organization reported total revenue of $1.5M and total assets of $870K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fit To Recover Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fit To Recover Inc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 35.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$66K |
| Total Assets | $1.2M |
| Total Liabilities | $597K |
| Net Assets | $570K |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 51.2% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Fit To Recover Inc reported a surplus of $66K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 51.2% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Fit To Recover Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.9% | +33.8% | +7.9% |
| 2022 | +59.0% | +87.2% | +120.1% |
| 2021 | +58.7% | +39.8% | +27.3% |
| 2020 | +4.4% | +6.4% | +33.0% |
| 2019 | +23.1% | +4.1% | +15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fit To Recover Inc 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 Fit To Recover Inc 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 surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.2%.
Frequently Asked Questions about Fit To Recover Inc
Is Fit To Recover Inc a legitimate charity?
Fit To Recover Inc (EIN: 470998466) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Fit To Recover Inc spend its money?
Fit To Recover Inc reported $1.5M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fit To Recover Inc tax-deductible?
Fit To Recover Inc is registered as a tax-exempt nonprofit (EIN: 470998466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fit To Recover Inc located?
Fit To Recover Inc is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 470998466. It is classified under NTEE code F20.
How many years of IRS 990 filings does Fit To Recover Inc have?
Fit To Recover Inc has 10 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Fit To Recover Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Fit To Recover Inc's revenue has grown by 1470%, moving from $108K to $1.7M. Total assets increased by 1474.5% over the same period, from $74K to $1.2M. Total functional expenses rose by 4680.3%, from $34K to $1.6M. In its most recent filing year (2023), Fit To Recover Inc reported a surplus of $66K, with revenue exceeding expenses. The organization holds $597K in liabilities against $1.2M in assets (debt-to-asset ratio: 51.2%), resulting in net assets of $570K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $1.2M | $597K | — | — |
| 2022 | $1.3M | $1.2M | $1.1M | $577K | — | — |
| 2021 | $797K | $652K | $491K | $35K | — | View 990 |
| 2020 | $502K | $466K | $386K | $75K | — | View 990 |
| 2019 | $481K | $438K | $290K | $15K | — | View 990 |
| 2018 | $391K | $421K | $252K | $20K | — | View 990 |
| 2017 | $405K | $345K | $277K | $15K | — | View 990 |
| 2016 | $268K | $208K | $193K | $279 | — | View 990 |
| 2015 | $186K | $127K | $133K | $149 | — | View 990 |
| 2014 | $108K | $34K | $74K | $142 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue +33.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue +59.0% year-over-year).
- 2021: Revenue of $797K, expenses of $652K, and assets of $491K (revenue +58.7% year-over-year).
- 2020: Revenue of $502K, expenses of $466K, and assets of $386K (revenue +4.4% year-over-year).
- 2019: Revenue of $481K, expenses of $438K, and assets of $290K (revenue +23.1% year-over-year).
- 2018: Revenue of $391K, expenses of $421K, and assets of $252K (revenue -3.5% year-over-year).
- 2017: Revenue of $405K, expenses of $345K, and assets of $277K (revenue +51.2% year-over-year).
- 2016: Revenue of $268K, expenses of $208K, and assets of $193K (revenue +43.9% year-over-year).
- 2015: Revenue of $186K, expenses of $127K, and assets of $133K (revenue +72.2% year-over-year).
- 2014: Revenue of $108K, expenses of $34K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fit To Recover Inc:
Data Sources and Methodology
This transparency report for Fit To Recover Inc 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.