Zak Nordyke Holistic Fitness
Zak Nordyke Holistic Fitness experiences rapid revenue growth and maintains 0% officer compensation.
EIN: 205017665 · Cincinnati, OH · NTEE: P50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4.8 |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Zak Nordyke Holistic Fitness Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zak Nordyke Holistic Fitness directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zak Nordyke Holistic Fitness
Zak Nordyke Holistic Fitness (EIN: 205017665) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code P50. The organization reported total revenue of $1.4M and total assets of $968K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zak Nordyke Holistic Fitness's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zak Nordyke Holistic Fitness is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 59.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$926K |
| Total Assets | $1.4M |
| Total Liabilities | $254K |
| Net Assets | $1.1M |
| Operating Margin | 19.3% |
| Debt-to-Asset Ratio | 18.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Zak Nordyke Holistic Fitness reported a surplus of $926K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 18.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Zak Nordyke Holistic Fitness's revenue has grown at a compound annual growth rate (CAGR) of 59.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +459.8% | +380.9% | +537.3% |
| 2022 | +82.6% | +115.1% | +30.9% |
| 2021 | +127.6% | +158.6% | +130.6% |
| 2020 | +91.9% | +31.7% | +544.7% |
| 2019 | +21.8% | +28.4% | -19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Zak Nordyke Holistic Fitness with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Zak Nordyke Holistic Fitness allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $926K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers. This is highly unusual for an organization of its size, especially with 2023 revenue of nearly $4.8 million, and suggests either a volunteer-led executive team or that compensation is categorized differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Zak Nordyke Holistic Fitness's IRS 990 filings:
- Unusually low (0%) officer compensation for an organization with nearly $4.8M in revenue, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Zak Nordyke Holistic Fitness:
- Exceptional revenue growth, particularly from $857,008 in 2022 to $4,797,768 in 2023.
- Strong financial health with assets of $1,400,543 significantly exceeding liabilities of $253,508 in 2023.
- Consistent reporting of 0% officer compensation, indicating a focus on mission-related spending.
- Positive net income in recent years, allowing for asset accumulation and reinvestment.
Frequently Asked Questions about Zak Nordyke Holistic Fitness
Is Zak Nordyke Holistic Fitness a legitimate charity?
Based on AI analysis of IRS 990 filings, Zak Nordyke Holistic Fitness (EIN: 205017665) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Zak Nordyke Holistic Fitness spend its money?
Zak Nordyke Holistic Fitness directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zak Nordyke Holistic Fitness tax-deductible?
Zak Nordyke Holistic Fitness is registered as a tax-exempt nonprofit (EIN: 205017665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Zak Nordyke Holistic Fitness CEO make?
Zak Nordyke Holistic Fitness's highest-compensated officer earns $4.8 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Zak Nordyke Holistic Fitness's spending goes to programs?
Zak Nordyke Holistic Fitness directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Zak Nordyke Holistic Fitness compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Zak Nordyke Holistic Fitness is above average for NTEE category P50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zak Nordyke Holistic Fitness located?
Zak Nordyke Holistic Fitness is headquartered in Cincinnati, Ohio and files with the IRS under EIN 205017665. It is classified under NTEE code P50.
How many years of IRS 990 filings does Zak Nordyke Holistic Fitness have?
Zak Nordyke Holistic Fitness has 13 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 $1.4M in total revenue.
Is Zak Nordyke Holistic Fitness a good charity?
Based on the provided financial data, Zak Nordyke Holistic Fitness appears to be a financially healthy and efficient organization. It demonstrates strong revenue growth, asset accumulation, and a commitment to directing funds towards its mission by reporting 0% officer compensation. However, a detailed breakdown of program, administrative, and fundraising expenses would provide a more complete picture of its operational efficiency.
How has the organization's revenue grown over time?
The organization has experienced significant revenue growth, particularly in recent years. Revenue increased from $107,497 in 2019 to $857,008 in 2022, and then dramatically to $4,797,768 in 2023, indicating rapid expansion.
What is the organization's asset-to-liability ratio?
In 2023, the organization had assets of $1,400,543 and liabilities of $253,508, resulting in an asset-to-liability ratio of approximately 5.5:1. This indicates a strong financial position with significantly more assets than liabilities.
Does the organization pay its officers?
According to the provided IRS 990 data, officer compensation is consistently reported as 0% across all available filings, including the most recent period in 2023.
Filing History
IRS 990 filing history for Zak Nordyke Holistic Fitness showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Zak Nordyke Holistic Fitness's revenue has grown by 25921.1%, moving from $18K to $4.8M. Total assets increased by 10309.1% over the same period, from $13K to $1.4M. Total functional expenses rose by 17849.8%, from $22K to $3.9M. In its most recent filing year (2023), Zak Nordyke Holistic Fitness reported a surplus of $926K, with revenue exceeding expenses. The organization holds $254K in liabilities against $1.4M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $3.9M | $1.4M | $254K | — | View 990 |
| 2022 | $857K | $805K | $220K | $212 | — | View 990 |
| 2021 | $469K | $374K | $168K | $212 | — | View 990 |
| 2020 | $206K | $145K | $73K | $212 | — | View 990 |
| 2019 | $107K | $110K | $11K | $212 | — | View 990 |
| 2018 | $88K | $86K | $14K | $562 | — | View 990 |
| 2017 | $46K | $46K | $11K | $637 | — | View 990 |
| 2016 | $47K | $46K | $12K | $956 | — | View 990 |
| 2015 | $56K | $54K | $11K | $1K | — | View 990 |
| 2014 | $32K | $33K | $9K | $1K | — | View 990 |
| 2013 | $25K | $28K | $10K | $1K | — | View 990 |
| 2012 | $30K | $32K | $13K | $1K | — | View 990 |
| 2011 | $18K | $22K | $13K | $168 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $3.9M, and assets of $1.4M (revenue +459.8% year-over-year).
- 2022: Revenue of $857K, expenses of $805K, and assets of $220K (revenue +82.6% year-over-year).
- 2021: Revenue of $469K, expenses of $374K, and assets of $168K (revenue +127.6% year-over-year).
- 2020: Revenue of $206K, expenses of $145K, and assets of $73K (revenue +91.9% year-over-year).
- 2019: Revenue of $107K, expenses of $110K, and assets of $11K (revenue +21.8% year-over-year).
- 2018: Revenue of $88K, expenses of $86K, and assets of $14K (revenue +93.9% year-over-year).
- 2017: Revenue of $46K, expenses of $46K, and assets of $11K (revenue -2.7% year-over-year).
- 2016: Revenue of $47K, expenses of $46K, and assets of $12K (revenue -16.8% year-over-year).
- 2015: Revenue of $56K, expenses of $54K, and assets of $11K (revenue +76.0% year-over-year).
- 2014: Revenue of $32K, expenses of $33K, and assets of $9K (revenue +25.8% year-over-year).
- 2013: Revenue of $25K, expenses of $28K, and assets of $10K (revenue -16.3% year-over-year).
- 2012: Revenue of $30K, expenses of $32K, and assets of $13K (revenue +64.4% year-over-year).
- 2011: Revenue of $18K, expenses of $22K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zak Nordyke Holistic Fitness:
Data Sources and Methodology
This transparency report for Zak Nordyke Holistic Fitness 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.