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Fitlot Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 462195523 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Fitlot Inc?

Fitlot Inc, a nonprofit based in New Orleans, Louisiana, is committed to empowering communities by providing resources for planning, building, and programming outdoor fitness parks. Their vision is to make cost-free exercise spaces accessible to individuals within walking distance of their homes. Fitlot believes that everyone should enjoy the health benefits of an active lifestyle. They accomplish this by constructing outdoor fitness parks equipped with age, gender, and ability-based stations that utilize one's body weight as resistance. In 2019, Fitlot partnered with AARP to establish a Fitlot in all 50 states, Puerto Rico, and the U.S. Virgin Islands over a three-year period. As of 2022, Fitlot has completed 57 parks nationwide, including 4 in New Orleans, Louisiana, and Colorado Springs, Colorado. Additionally, Fitlot supports over 2,200 no-cost community fitness classes with over 11,000 participants annually, strengthening individuals and their communities. With a mission to ensure everyone can live an active lifestyle, Fitlot continues to expand its reach across the United States.


Official website here: www.fitlot.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Fitlot Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored 81% overall, with a particularly strong emphasis on its financial practices. This rating is driven entirely by their accountability and finance score, demonstrating a commitment to transparency and responsible management of funds.

The nonprofit showcases impressive governance with 100% of its board members being independent, along with a well-structured board size. Fitlot Inc has also demonstrated a strong adherence to best practices by implementing policies on conflict of interest, whistleblowing, and document retention. Their financial health is notable, with a low liabilities to assets ratio of 0.23% and a program expense ratio of 92.15%, indicating that a significant portion of their expenditures is directed towards their mission-related activities.

No significant limitations were noted in the data, highlighting the organization's overall positive standing in terms of financial accountability and governance practices. This strong foundation reflects Fitlot Inc's dedication to effectively serving its community while maintaining high standards of operational integrity.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Fitlot Inc?

90% of 7 reviewers on Facebook recommend FitLot Inc. Here is a summary of their reviews:

Many users express strong appreciation for the organization's efforts to promote health and well-being in New Orleans. They highlight FitLot's contributions towards making the city a healthier and more equitable place, commending the positive impact the nonprofit has on the community.

Overall, the sentiment is overwhelmingly positive, with supporters noting the effectiveness of the nonprofit's initiatives and their potential to create lasting change. The feedback reflects a strong belief in the mission of FitLot and its ability to deliver valuable services to the residents of New Orleans.


This AI summary has been generated from reviews found on Facebook.

Is Fitlot Inc legitimate?

Fitlot Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fitlot Inc 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: $103,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,650

For more financial information, click here


Official website here: www.fitlot.org

What is the mission statement of Fitlot Inc?

Fitlot Inc's mission is centered around strengthening communities by supporting the creation of local fitness parks. Their goal is to make it possible for individuals to enjoy the health benefits of an active lifestyle by providing cost-free exercise spaces within walking distance of their homes. Fitlot believes in the universality of this need, and their vision is to see every individual have access to such facilities. Since its inception in 2012, Fitlot has constructed and activated 57 parks nationwide, supporting numerous no-cost community fitness classes and engaging over 11,000 participants. Their partnerships, such as the one with AARP, have expanded their reach, enabling the construction of Fitlot parks in various states and territories.


Official website here: www.fitlot.org

Who is the CEO of Fitlot Inc?

James Cummings is the President of Fitlot Inc.


Official website here: www.fitlot.org

What is the revenue of Fitlot Inc?

Fitlot Inc's revenue in 2022 was $619,318.


Official website here: www.fitlot.org

Who are the executives of Fitlot Inc and what are their salaries?

The average compensation at Fitlot Inc during 2022 was $93,290. There are 2 employees at Fitlot Inc.


Here are 5 key members and their salaries:


Adam Mejerson (Executive Dir.)
  • Compensation: $104,531
  • Related: $0
  • Other: $0
James Cummings (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arianna Baseman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lewine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Kole (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fitlot.org

Where can I find the form 990 for Fitlot Inc?

Fitlot Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fitlot.org

Learn more at the official website: www.fitlot.org

Mission Statement of Fitlot Inc

Fitlot Inc, a dedicated organization, strives to strengthen communities by supporting the creation of local fitness parks. Their mission is centered around the belief that every individual should have the opportunity to enjoy the health benefits of an active lifestyle. Fitlot Inc actively seeks to provide resources for communities to plan, build, and program outdoor fitness parks, ensuring that cost-free exercise spaces are readily available within walking distance of homes. The organization's vision is to construct Fitlot fitness areas, which incorporate outdoor fitness stations designed to utilize one's own body weight as resistance, making them accessible to individuals of all ages, genders, and abilities. In this way, Fitlot Inc aims to promote physical well-being and community engagement by making indoor exercise training available to the public at no cost.

Since its inception in 2012, Fitlot Inc has demonstrated its commitment to this mission by constructing and activating 57 fitness parks across the United States, Puerto Rico, and the U.S. Virgin Islands. In 2019, Fitlot Inc partnered with AARP to build a Fitlot in all 50 states, including D.C., over a 3-year period. The organization further expanded its reach in 2021, completing 18 parks in various major cities across the country. In 2022, Fitlot Inc continued its mission, constructing 4 parks in New Orleans, Louisiana, and Colorado Springs, Colorado. Additionally, Fitlot Inc has supported over 2,200 no-cost community fitness classes, with over 11,000 individual participants participating in these classes throughout the United States, Puerto Rico, and the U.S. Virgin Islands. By providing these resources, Fitlot Inc plays a crucial role in promoting physical fitness, community engagement, and overall well-being.

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Impact




July, 2024

Fitlot Inc's impact can be seen in the strengthening of communities across the United States through the creation of local fitness parks. By providing cost-free exercise spaces within walking distance of people's homes, Fitlot is promoting an active lifestyle and making the benefits of indoor exercise training accessible to the public. With 57 parks constructed and activated nationwide since 2012, Fitlot has facilitated over 2,200 community fitness classes with more than 11,000 participants. In partnership with organizations like AARP, Fitlot has reached all 50 states, including D.C., Puerto Rico, and the US Virgin Islands, demonstrating a commitment to improving the well-being of individuals across the country. By building outdoor fitness stations designed for all ages, genders, and abilities, Fitlot is making a significant impact on community health and fitness.




This information is meant to be a general summary of Fitlot Inc. 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.

Revenue
$619,318 (2022)
Expenses
$978,174 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $622,832

Assets and Liabilities:

  • Total Assets: $435,379
  • Total Liabilities: $1,028
  • Net Assets: $434,351

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Organization Details

Founding Year

2012

Principal Officer

James Cummings

Main Address

4035 WASHINGTON AVE, NEW ORLEANS, LA, 70125

NTEE Category

Code: N30 - Recreation

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