Overview
What is Track Shack Fitness Club?
Track Shack Fitness Club is a nonprofit organization located at 1013 Montana Street, Orlando, FL 32803. Their primary mission is to promote and encourage health and fitness within the community, with a strong emphasis on youth programs. To achieve this goal, they organize numerous runs, walks, and road races, attracting an average of 2,400 participants per event. These events, held 15 times a year, have collectively engaged 36,000 individuals. By participating in these events or donating to their scholarship programs, track and recreational activities, and health and therapy services, thousands of youths have benefited from their initiatives. The club's activities contribute to fostering a healthier community and providing opportunities for personal growth for young people.
Official website here: www.trackshack.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Star rating
Track Shack Fitness Club has received a low score of 55% from Charity Navigator, which indicates significant areas for improvement in its accountability and financial practices. The organization has a strong independent board with all members being independent, which is a positive aspect of its governance structure. However, the size of this board is notably small, with only two independent members, which could limit its effectiveness in oversight.
Financial transparency appears to be a critical weakness for the nonprofit. It has not provided its financial statements, leading to a total score of zero in that category. Additionally, the liabilities to assets ratio is concerning at 120.85%, reflecting potential financial instability. While the organization has established some policies, such as conflict of interest and whistleblower protections, other important documents, including its tax form and retention policies, are missing from its website.
On a more positive note, the organization demonstrates a commitment to its mission, as evidenced by a 100% program expense ratio, indicating that all of its expenditures go directly toward its programs. Nonetheless, the lack of financial documentation and transparency may hinder donor confidence and support moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Track Shack Fitness Club legitimate?
Track Shack Fitness Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Track Shack Fitness Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.trackshack.com
What is the mission statement of Track Shack Fitness Club?
Track Shack Fitness Club's mission is to foster and motivate health and fitness within their community, with a particular focus on youth programs. They achieve this by organizing various runs, walks, and road races. These events not only promote physical well-being but also serve as fundraisers for youth organizations. On average, 2,400 participants take part in each event, totaling approximately 36,000 individuals per year. Through these events, the club supports scholarship programs, provides resources for track and recreational activities, and offers health and therapy services, benefiting numerous individuals.
Official website here: www.trackshack.com
Who is the CEO of Track Shack Fitness Club?
Marty Gilmore is the Director of Track Shack Fitness Club.
Official website here: www.trackshack.com
What is the revenue of Track Shack Fitness Club?
Track Shack Fitness Club's revenue in 2022 was $2,649,133.
Official website here: www.trackshack.com
Who are the executives of Track Shack Fitness Club and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.trackshack.com
Where can I find the form 990 for Track Shack Fitness Club?
Track Shack Fitness Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trackshack.com
Learn more at the official website: www.trackshack.com
Mission Statement of Track Shack Fitness Club
Track Shack Fitness Club, a notable entity, is committed to fostering and encouraging health and fitness within its community, with a particular emphasis on youth programs. Its mission is to create an environment that encourages community members, with a special focus on the younger generation, to prioritize their well-being and physical fitness.
To achieve this, Track Shack Fitness Club organizes a multitude of running, walking, and road race events. These events not only serve as platforms to promote health and fitness but also as opportunities to raise funds for various youth organizations. On average, these events attract approximately 2,400 participants per event, totaling an impressive 36,000 participants annually.
In addition to its event-based initiatives, Track Shack Fitness Club extends its support to the community through donations. These donations fund scholarship programs, recreational activities, and health and therapy services. By doing so, the club ensures that numerous individuals benefit from its commitment to promoting health and fitness within the community, with a special focus on youth development.
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Impact
October, 2024
Track Shack Fitness Club significantly impacts the Orlando community by promoting health and fitness, particularly focusing on youth programs. Through a variety of events, including numerous runs, walks, and road races, the club engages an average of 2,400 participants per event across 15 events each year, totaling approximately 36,000 participants. These events not only foster a culture of wellness but also generate funds for local youth organizations.
The benefits extend far beyond participation in physical activities. Thousands of individuals have received support through donations that fund scholarship programs, track and recreational activities, and health and therapy services. This commitment to enhancing the health and fitness of the community has created opportunities for personal growth, social interaction, and overall well-being among youth, ensuring that the impact of Track Shack Fitness Club is felt well beyond the starting line.
This information is meant to be a general summary of Track Shack Fitness Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,987
- Program Service Revenue: $1,941,026
- Gross Receipts: $2,649,133
Assets and Liabilities:
- Total Assets: $759,428
- Total Liabilities: $917,793
- Net Assets: -$158,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE REVENUE
Revenue
$1,831,912
TRAINING PROGRAM REVENUE
Revenue
$109,114
Organization Details
Founding Year
2008
Phone
(407) 896-1160Principal Officer
Marty Gilmore
Main Address
1013 MONTANA STREET, ORLANDO, FL, 32803
Website
www.trackshack.comNTEE Category
Code: N60 - Recreation
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