Overview
What is Detroit Fitness Foundation?
Detroit Fitness Foundation, located in Detroit, Michigan, is a nonprofit organization committed to offering affordable or free fitness opportunities to local residents. Its primary program is indoor cycling, catering to beginners, emerging riders, and experienced competitors of all ages. During summer, they offer free bicycle camps to teach children the skill of riding a bicycle and educate them about the sport's history and Detroit's cycling legacy. Nutrition and healthy lifestyle choices are also incorporated into their 4-day sessions. The foundation also has a dedicated space, the Eddie Tolan Oval, for running, walking, or inline skating, offering a year-round fitness option. In addition, they host health fairs and community gatherings in this space. Their mission is to promote physical health and wellbeing among economically disadvantaged residents, aiming to improve their quality of life and reduce healthcare costs.
Official website here: www.detroitfitness.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Detroit Fitness Foundation meets some of the basic standards for accountability and financial health, there are significant areas needing improvement.
Strengths of the organization include a fully independent board, with all members being independent, and a strong program expense ratio of 73.93%, suggesting that a substantial portion of their funding is directed towards their programs rather than administrative costs. Additionally, they score well on asset management, showing no material diversion of assets and maintaining a solid transparency related to board meeting minutes and conflict of interest policies.
However, the foundation faces notable weaknesses, particularly in governance practices. They received zero points for both their whistleblower policy and document retention and destruction policies, highlighting a potential risk in accountability. Furthermore, their liabilities to assets ratio is relatively high at 61.74%, which may raise concerns about the organization's financial stability in the long term.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Detroit Fitness Foundation?
The enthusiasm surrounding the Detroit Fitness Foundation is evident from the limited reviews available. Although it has not yet received a formal rating, the comments hint at a positive sentiment. The anticipation for the new velodrome suggests that supporters are eager and excited about the developments being made.
One reviewer expressed excitement and noted a desire for more frequent updates, particularly in the form of photos. This indicates that the community values transparency and engagement from the organization, which could enhance their connection to the foundation's initiatives.
Overall, it appears that those familiar with the Detroit Fitness Foundation are optimistic about its future endeavors, particularly the new velodrome. Their interest in ongoing communication reflects a strong community investment in the foundation's mission.
This AI summary has been generated from reviews found on Facebook.
Is Detroit Fitness Foundation legitimate?
Detroit Fitness Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit 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: $136,868
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,589
For more financial information, click here
Official website here: www.detroitfitness.org
What is the mission statement of Detroit Fitness Foundation?
The Detroit Fitness Foundation's mission is centered around enhancing the well-being of local residents by offering affordable or free fitness opportunities. By establishing a safe and convenient venue, economically disadvantaged individuals are encouraged to adopt healthier lifestyles. This initiative aims to improve their quality of life and potentially lower their healthcare costs. The foundation's activities contribute to fostering a healthier community, promoting physical wellness, and potentially reducing long-term healthcare expenses.
Official website here: www.detroitfitness.org
Who is the CEO of Detroit Fitness Foundation?
Dale Hughes is the President/Ex of Detroit Fitness Foundation.
Official website here: www.detroitfitness.org
What is the revenue of Detroit Fitness Foundation?
Detroit Fitness Foundation's revenue in 2022 was $1,533,929.
Official website here: www.detroitfitness.org
Who are the executives of Detroit Fitness Foundation and what are their salaries?
The average compensation at Detroit Fitness Foundation during 2022 was $29,205. There are 12 employees at Detroit Fitness Foundation.
Here are 6 key members and their salaries:
- Compensation: $124,615
- Related: $0
- Other: $12,253
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.detroitfitness.org
Where can I find the form 990 for Detroit Fitness Foundation?
Detroit Fitness Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.detroitfitness.org
Learn more at the official website: www.detroitfitness.org
Mission Statement of Detroit Fitness Foundation
The Detroit Fitness Foundation, a nonprofit organization, is dedicated to providing affordable or even free fitness opportunities for local residents. Its mission is to create a safe and convenient environment where economically disadvantaged individuals can engage in physical activities, thereby enhancing their lifestyles and potentially reducing their healthcare costs. By offering various fitness activities, the Detroit Fitness Foundation aims to empower its community members to embrace a healthier lifestyle, thereby improving their overall quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Detroit Fitness Foundation's impact is profound as it provides low- or no-cost fitness opportunities for area residents, particularly those who are economically disadvantaged. By offering affordable, often free, activities in a safe and convenient location, the foundation enables residents to adopt a healthier lifestyle. This not only improves their quality of life but also helps in reducing their healthcare costs. Through its primary fitness programming focusing on cycling and dedicated spaces for running, walking, and inline skating, the foundation promotes physical activity, education on nutrition, and overall wellness. Additionally, with initiatives like free cycling camps for children, the foundation instills valuable skills and knowledge about the sport's history, inspiring and empowering the community towards better health choices.
This information is meant to be a general summary of Detroit 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: -$18,490
- Program Service Revenue: $176,745
- Gross Receipts: $1,553,248
Assets and Liabilities:
- Total Assets: $3,472,592
- Total Liabilities: $2,144,108
- Net Assets: $1,328,484
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$142,996
TICKET INCOME
Revenue
$33,370
MEMBERSHIP DUES
Revenue
$379
Organization Details
Founding Year
2016
Phone
(313) 265-6725Principal Officer
Dale Hughes
Main Address
601 MACK AVE, DETROIT, MI, 48201
Website
www.detroitfitness.orgNTEE Category
Code: N31 - Recreation
If you are a representative of Detroit Fitness Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.