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Minnesota · Nonprofit

FIT ACADEMY

FIT ACADEMY (Minnesota) receives grants from 3 organizations whose IRS filings report $56,735 to it, the largest being WONDERFUL FOUNDATIONS ($29,090). 2 of them have funded it in more than one year.

$6.9M
Revenue FY2025
3
Funders on record
$57k
Grants received
$-672558
Net assets
2/3 repeat funderspeak grant-dependency 1%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($191k) Expenses 100 ($160k) Net assets 100 ($31k)2018 Revenue 1325 ($2.5M) Expenses 1540 ($2.5M) Net assets 331 ($104k)2019 Revenue 2063 ($3.9M) Expenses 2298 ($3.7M) Net assets 1202 ($378k)2020 Revenue 1966 ($3.8M) Expenses 2637 ($4.2M) Net assets -234 ($-73456)2021 Revenue 2306 ($4.4M) Expenses 2792 ($4.5M) Net assets -393 ($-123396)2022 Revenue 2303 ($4.4M) Expenses 2911 ($4.6M) Net assets -1172 ($-368342)2023 Revenue 2983 ($5.7M) Expenses 3626 ($5.8M) Net assets -1451 ($-456000)2024 Revenue 2953 ($5.6M) Expenses 3925 ($6.3M) Net assets -3435 ($-1079590)2025 Revenue 3592 ($6.9M) Expenses 4032 ($6.4M) Net assets -2140 ($-672558)
'17'18'19'20'21'22'23'24'25
Revenue (3592)Expenses (4032)Net assets (-2140)

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 97% · 2019 97% · 2020 99% · 2021 91% · 2022 98% · 2023 80% · 2024 98% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$31k
17
$72k
18
$274k
19
$451k
20
$50k
21
$245k
22
$88k
23
$624k
24
$427k
25
2.3
months of
reserve
02Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $5k → $214.

Funder
'20
'21
'22
'23
'24*
total
$29k
funders
2
2
3
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF)1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FIT ACADEMY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FIT ACADEMY leans on a few funders — its largest provides 51% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FIT ACADEMY.

51%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 98% · 2021 98% · 2022 83% · 2023 100%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

52% of FIT ACADEMY's grant income comes from Minnesota funders.

MN
FL

In-state vs out-of-state, by year

20
21
22
Minnesota out of state home

Funder states come from each funder’s own filing. $668 arriving through sponsors registered in 1 stateis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like FIT ACADEMY

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 31%Fundraising 0%

Governance

8
board members
63%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for FIT ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FIT ACADEMY?
FIT ACADEMY (Minnesota) receives grants from 3 organizations whose IRS filings report $56,735 to it, the largest being WONDERFUL FOUNDATIONS ($29,090). 2 of them have funded it in more than one year.
How many funders does FIT ACADEMY have?
IRS filings report 3 organizations giving $56,735 in grants to FIT ACADEMY, 2 of which have funded it in more than one year.
Who is the largest funder of FIT ACADEMY?
WONDERFUL FOUNDATIONS is the largest funder on record, with $29,090 in grants. The full list of funders is on this page.
How can an organization like FIT ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing