COALITION FOR THE REGISTRATION OF … - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

FRANCIS NERIC

Phone

8479790529

Tax Period

2024-01-01 to 2024-12-31

COALITION FOR THE REGISTRATION OF EXERCISE PROFESSIONALS, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $228K exceeded revenue, resulting in a 32% operating deficit.

Mission

UNITED STATES REGISTRY FOR EXERCISE PROFESSIONALS. THE ORGANIZATION'S MISSION IS TO SECURE RECOGNITION OF REGISTERED EXERCISE PROFESSIONALS FOR THEIR DISTINCT ROLES IN MEDICAL, HEALTH FITNESS AND SPORTS PERFORMANCE FIELDS.

Program Service Accomplishments

Program 1

CREP PROVIDES AN INTERNATIONALLY RECOGNIZED US REGISTRY FOR EXERCISE PROFESSIONALS (USREPS) THAT PROVIDES EMPLOYERS, REGULATORY BODIES AND CONSUMERS A CLEARINGHOUSE FOR VERIFICATION OF CURRENT...

CREP PROVIDES AN INTERNATIONALLY RECOGNIZED US REGISTRY FOR EXERCISE PROFESSIONALS (USREPS) THAT PROVIDES EMPLOYERS, REGULATORY BODIES AND CONSUMERS A CLEARINGHOUSE FOR VERIFICATION OF CURRENT NCCA-ACCREDITED CERTIFICATIONS HELD BY QUALIFIED FITNESS PROFESSIONALS IN THE US.

Program 2

CREP MONITORS FEDERAL, STATE & LOCAL PURSUED REGULATION OF THE FITNESS PROFESSION TO ENSURE THAT ANY REGULATION EFFORTS FOLLOW BEST PRACTICES THAT ALIGN WITH OTHER ALLIED HEALTH AND MEDICAL...

CREP MONITORS FEDERAL, STATE & LOCAL PURSUED REGULATION OF THE FITNESS PROFESSION TO ENSURE THAT ANY REGULATION EFFORTS FOLLOW BEST PRACTICES THAT ALIGN WITH OTHER ALLIED HEALTH AND MEDICAL PROFESSIONALS. THE ORGANIZATION DEVELOPS POSITION AND SEEKS TO INFORM THE PUBLIC, REGISTRANTS AND REGULATORY BODIES OF CREP'S POSITION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $137,726

Investment Income $4,730

Other Revenue $0

TOTAL REVENUE $172,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $227,950

TOTAL EXPENSES $227,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,456	$230,193	-0.3%
Expenses	$227,950	$208,578	+0.1%
Net Income	$-55,494	$21,615	-3.6%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCIS NERIC	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN BIAGIOLI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRENT FELAND	TREASURER	2.00	Officer Director	$0	$0	$0
CHAD BUCKENDAHL	ADVISORY DIRECTOR	2.00	Director	$0	$0	$0
BEN THOMPSON	ADVISORY DIRECTOR	2.00	Director	$0	$0	$0
BRENT ALVAR	SECRETARY	2.00	Officer Director	$0	$0	$0
CEDRIC BRYANT	BOARD DIRECTOR	2.00	Officer Director	$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
2024	$172,456	$227,950	$338,703	$-55,494
2023	$230,193	$208,578	$386,228	$21,615
2022	$207,425	$237,197	$373,403	$-29,772
2021	$213,744	$115,556	$375,216	$98,188
2020	$246,693	$113,738	$281,453	$132,955
2019	$279,395	$171,076	$147,014	$108,319
2018	$195,157	$211,767	$34,995	$-16,610

COALITION FOR THE REGISTRATION OF EXERCISE PROFESSIONALS