HEALTH & FITNESS ASSOCIATION

EIN: 363133254

BOSTON, MA

Total Revenue
$11,464,635
Total Expenses
$9,772,777
Total Assets
$10,408,206
Net Assets
$4,259,171
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
IL
Principal Officer
LIZ CLARK
Phone
6179510055
Tax Period
2024-07-01 to 2025-06-30

HEALTH & FITNESS ASSOCIATION, founded in 1981, is a mid-sized nonprofit that reported $11.5M in total revenue in fiscal year 2024. Expenses of $9.8M left a modest 15% surplus.

Mission

TO GROW, PROTECT, & PROMOTE THE INDUSTRY & PROVIDE MEMBERS WITH BENEFITS TO HELP LEAD TO SUCCESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $100,867
Program Service Revenue $11,141,377
Investment Income $222,391
Other Revenue $0
TOTAL REVENUE $11,464,635

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,223,249
Fundraising Expenses $0
Other Expenses $6,549,528
TOTAL EXPENSES $9,772,777

Year-over-Year Comparison

2024 2023 Change
Revenue $11,464,635 $10,933,624 +0.0%
Expenses $9,772,777 $7,433,889 +0.3%
Net Income $1,691,858 $3,499,735 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
24
Volunteers
40

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
5
$626,569
Total Directors
18
$15,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS SMITH CHAIR 5.00
Officer Director
$15,000 $0 $15,000
LUKE CARLSON VICE CHAIR 5.00
Officer Director
$0 $0 $0
AHMAR AZAM FINANCE CHAIR 5.00
Officer Director
$0 $0 $0
AARON MOORE SECRETARY 5.00
Officer Director
$0 $0 $0
RICHARD BEDDIE BOARD MEMBER 5.00
Director
$0 $0 $0
JJ CREEGAN BOARD MEMBER 5.00
Director
$0 $0 $0
BILL DAVIS BOARD MEMBER 5.00
Director
$0 $0 $0
DEBORAH FIORELLA BOARD MEMBER 5.00
Director
$0 $0 $0
MARIA GONZALEZ BOARD MEMBER 5.00
Director
$0 $0 $0
ORI GORFINE BOARD MEMBER 5.00
Director
$0 $0 $0
RICHARD IDGAR BOARD MEMBER 5.00
Director
$0 $0 $0
MEL KLEIST BOARD MEMBER 5.00
Director
$0 $0 $0
ERIK LINDSETH BOARD MEMBER 5.00
Director
$0 $0 $0
AL NOSHIRVANI BOARD MEMBER 5.00
Director
$0 $0 $0
JEFF SANDERS BOARD MEMBER 5.00
Director
$0 $0 $0
MATTHEW STEVENS BOARD MEMBER 5.00
Director
$0 $0 $0
BARRY WALSH BOARD MEMBER 5.00
Director
$0 $0 $0
LONI WANG BOARD MEMBER 5.00
Director
$0 $0 $0
LIZ CLARK PRESIDENT & CEO 40.00
Officer
$570,015 $41,554 $611,569
PAMELA KUFAHL SR DIRECTOR OF COMMUNICATIONS 40.00
Highest
$119,866 $16,834 $136,700
MICHELE EYNON VP OF ADVERTISING 40.00
Highest
$149,950 $4,985 $154,935
LYNNE DEVANEY VP OF SPONSORSHIP/ DEVEL. 40.00
Highest
$143,277 $39,054 $182,331
MIKE GOSCINSKI VP OF GOVERNMENT AFFAIRS 40.00
Highest
$168,266 $16,818 $185,084
JEFFREY SOLSBY SR VP OF COMMUNICATIONS THRU 4/4/25 40.00
Highest
$199,099 $15,001 $214,100
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
2025 $11,464,635 $9,772,777 $10,408,206 $1,691,858
2024 $10,933,624 $7,433,889 $7,995,518 $3,499,735
2023 $9,260,040 $7,123,179 $4,346,652 $2,136,861
2022 $13,495,994 $8,960,493 $2,907,434 $4,535,501
2021 $3,783,459 $8,248,367 $2,092,829 $-4,464,908
2020 $5,618,941 $12,624,620 $7,265,966 $-7,005,679
2019 $14,715,295 $14,493,837 $7,978,559 $221,458
2018 $14,812,305 $14,947,149 $6,154,506 $-134,844
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