WALTERBORO FAMILY FITNESS CTR INC

EIN: 208701904

WALTERBORO, SC

Total Revenue
$271,112
Total Expenses
$311,068
Total Assets
$53,501
Net Assets
$-2,968
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
SC
Principal Officer
THOMAS R BLAUSER
Tax Period
2019-01-01 to 2019-12-31

WALTERBORO FAMILY FITNESS CTR INC, founded in 2007, is a small nonprofit that reported $271K in total revenue in fiscal year 2019. Revenue decreased 11% compared to the prior year. Expenses of $311K exceeded revenue, resulting in a 15% operating deficit.

Mission

COMMUNITY WELLNESS AND FITNESS

Program Service Accomplishments

Program 1
Expenses: $26,653

FITNESS CLASSES INCLUDE INSTRUCTIONAL CLASSES BY FITNESS CERTIFIED INSTRUCTORS. CLASSES ARE OFFERED THROUGHOUT THE WEEK. THERE ARE CLASSES FOR SENIORS, CHILDREN, AND ALL AGE GROUPS. THERE ARE CLASSES...

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FITNESS CLASSES INCLUDE INSTRUCTIONAL CLASSES BY FITNESS CERTIFIED INSTRUCTORS. CLASSES ARE OFFERED THROUGHOUT THE WEEK. THERE ARE CLASSES FOR SENIORS, CHILDREN, AND ALL AGE GROUPS. THERE ARE CLASSES IN MARTIAL ARTS, CARDIO, ZUMBA, AND LINE DANCING. THESE CLASSES PROMOTE FITNESS AND WELLNESS FOR THE COMMUNITY. THERE ARE APPROXIMATELY 136 PEOPLE PER WEEK IN ATTENDANCE.

Program 2
Expenses: $25,480

PERSONAL TRAINING INCLUDES INSTRUCTION IN THE PROPER USE OF ALL THE FACILITIES INCLUDING CARDIO AND RESISTANCE EQUIPMENT. CERTIFIED PERSONAL TRAINERS ESTABLISH INDIVIDUAL PROGRAMS TO HELP EACH PERSON...

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PERSONAL TRAINING INCLUDES INSTRUCTION IN THE PROPER USE OF ALL THE FACILITIES INCLUDING CARDIO AND RESISTANCE EQUIPMENT. CERTIFIED PERSONAL TRAINERS ESTABLISH INDIVIDUAL PROGRAMS TO HELP EACH PERSON ACHIEVE THEIR DESIRED GOALS. THIS INCLUDES AN EXERCISE PROGRAM DESIGNED FOR EACH INDIVIDUAL ALONG WITH DIET ASSISTANCE IF REQUESTED. THIS SERVICE IS OFFERED 6 DAYS PER WEEK DURING OPERATING HOURS. APPROXIMATELY 78 PEOPLE PARTICIPATED IN THIS SERVICE DURING THE YEAR.

Program 3
Expenses: $329

MASSAGE THERAPY IS OFFERED BY A CERTIFIED MASSAGE THERAPIST. THIS SERVICE IS OFFERED THROUGH OUT THE WEEK AND WEEKEND. THIS SERVICE RELIEVES MUSCLE PAIN, ACHES, AND SORENESS WHICH IS AN INTEGRAL PART...

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MASSAGE THERAPY IS OFFERED BY A CERTIFIED MASSAGE THERAPIST. THIS SERVICE IS OFFERED THROUGH OUT THE WEEK AND WEEKEND. THIS SERVICE RELIEVES MUSCLE PAIN, ACHES, AND SORENESS WHICH IS AN INTEGRAL PART OF WELLNESS AND GOOD HEALTH. APPROXIMATELY 16 PEOPLE PARTICIPATED IN THIS SERVICE DURING THE YEAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $227,604
Program Service Revenue $30,111
Investment Income $6
Other Revenue $13,391
TOTAL REVENUE $271,112

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,332
Fundraising Expenses $0
Program Expenses $52,462
Other Expenses $188,736
TOTAL EXPENSES $311,068

Year-over-Year Comparison

2019 2018 Change
Revenue $271,112 $303,024 -0.1%
Expenses $311,068 $304,413 +0.0%
Net Income $-39,956 $-1,389 +27.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
14
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIE L POLK DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW J GROVES DIRECTOR 1.00
Director
$0 $0 $0
BRANDON A DUBOISE DIRECTOR 1.00
Director
$0 $0 $0
THOMAS R BLAUSER CHAIRMAN 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $271,112 $311,068 $53,501 $-39,956
2018 $303,024 $304,413 $77,801 $-1,389
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