Overview
What is Emerald Coast Fitness Foundation?
The Emerald Coast Fitness Foundation is a nonprofit organization that focuses on offering opportunities for instruction, training, and competitive excellence mainly in the field of sports. They accomplish this by providing suitable facilities and programs. Their offerings include aquatic activities like Aquacize and Lap Swim, as well as the rental of their facilities for various purposes. The foundation's primary goal is to foster an environment that supports the growth and development of individuals in sports through their facilities and programs.
Official website here: www.ecfitnessfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)
The Emerald Coast Fitness Foundation currently holds a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations and governance practices. The foundation scored 64% overall, with particular strengths in maintaining an independent board and effectively managing its liabilities to assets ratio, demonstrating financial stability.
However, there are significant weaknesses that the organization needs to address. Notably, it received a score of zero in several key areas, including the absence of financial statements, a conflict of interest policy, and a whistleblower policy. Additionally, the foundation's website is not properly linked on its tax form, which affects transparency and accessibility of information for stakeholders.
While the foundation dedicates a substantial portion of its expenses to programs, with a program expense ratio of 67.48%, the lack of essential governance policies and documentation suggests areas for urgent improvement. Addressing these issues could enhance their accountability and foster greater trust among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Emerald Coast Fitness Foundation legitimate?
Emerald Coast Fitness Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Coast Fitness Foundation 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: $381,820
For more financial information, click here
Official website here: www.ecfitnessfoundation.org
What is the mission statement of Emerald Coast Fitness Foundation?
The Emerald Coast Fitness Foundation's mission is centered around providing facilities and programs that foster instruction, training, and competitive excellence, particularly in the realm of sports. They aim to create opportunities for individuals to enhance their skills and participate in competitive events. Their offerings include Aquatic Programs such as Aquacize and Lap Swim, as well as the rental of their facilities.
Official website here: www.ecfitnessfoundation.org
Who is the CEO of Emerald Coast Fitness Foundation?
Kevin Liebold is the President of Emerald Coast Fitness Foundation.
Official website here: www.ecfitnessfoundation.org
What is the revenue of Emerald Coast Fitness Foundation?
Emerald Coast Fitness Foundation's revenue in 2022 was $919,124.
Official website here: www.ecfitnessfoundation.org
Who are the executives of Emerald Coast Fitness Foundation and what are their salaries?
The average compensation at Emerald Coast Fitness Foundation during 2022 was $5,230. There are 73 employees and 35 volunteers at Emerald Coast Fitness Foundation.
Here are 15 key members and their salaries:
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Official website here: www.ecfitnessfoundation.org
Where can I find the form 990 for Emerald Coast Fitness Foundation?
Emerald Coast Fitness Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecfitnessfoundation.org
Learn more at the official website: www.ecfitnessfoundation.org
Mission Statement of Emerald Coast Fitness Foundation
Emerald Coast Fitness Foundation is dedicated to providing facilities and programs that foster instruction, training, and competitive excellence, primarily in the realm of sports. Their mission is to create an environment where individuals can hone their skills and participate in competitive activities. This is achieved by offering a variety of programs, including Aquatic Programs such as Aquacize and Lap Swim, as well as facilities that can be rented for various events. The foundation's primary focus lies in the realm of sports, aiming to provide opportunities for both instruction and competition to individuals who seek to improve their abilities.
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Impact
July, 2024
Emerald Coast Fitness Foundation provides facilities and programs that offer opportunities for instruction, training, and competitive excellence primarily in sports. Through initiatives like Aquacize and Lap Swim, the organization not only promotes physical fitness but also fosters a sense of community and encourages individuals to lead active and healthy lifestyles. By offering facility rentals and a variety of aquatic programs, Emerald Coast Fitness Foundation makes a significant impact in Fort Walton Beach, Florida, helping individuals of all ages and abilities to stay fit, learn new skills, and engage in competitive sports.
This information is meant to be a general summary of Emerald Coast Fitness Foundation. 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: $19
- Program Service Revenue: $596,600
- Gross Receipts: $950,088
Assets and Liabilities:
- Total Assets: $150,423
- Total Liabilities: $20,638
- Net Assets: $129,785
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Aquatic Programs
Revenue
$211,548
Facility Rental
Revenue
$157,683
Swim Lessons
Revenue
$227,369
Organization Details
Founding Year
2015
Principal Officer
Kevin Liebold
Main Address
114 Ready Ave, Fort Walton Beach, FL, 32548
Website
www.ecfitnessfoundation.orgNTEE Category
Code: N30 - Recreation
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