APPLE VALLEY, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIT ACADEMY, founded in 2014, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $6.4M left a modest 6% surplus.
THE PURPOSE OF FIT ACADEMY IS TO PREPARE THE WHOLE STUDENT FOR LIFE. WE BELIEVE OUR SCHOOL EMPOWERS STUDENTS TO LIVE FULFILLING, RESPONSIBLE, AND SUCCESSFUL LIVES BY PURPOSEFULLY INTEGRATING MENTAL, PHYSICAL, AND EMOTIONAL DEVELOPMENT. OUR FIT ACRONYM REPRESENTS THESE AS FITNESS, INTELLECT, AND TEAMWORK. THESE THREE AREAS MAKE UP THE FIT ACRONYM AND THIS PURPOSEFUL INTEGRATION RESULTS IN AN IMPACT ON STUDENT DEVELOPMENT THAT IS FAR GREATER THAN THE SUM OF EACH INDIVIDUAL DEVELOPMENTAL AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,861,214 | $5,639,979 | +0.2% |
| Expenses | $6,434,524 | $6,263,569 | +0.0% |
| Net Income | $426,690 | $-623,590 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANGIE HALAMA | MEMBER | 40.00 |
Director
|
$74,695 | $11,548 | $86,243 |
| SHANNON BAKER | MEMBER (FORMER) | 40.00 |
Director
|
$88,560 | $8,200 | $96,760 |
| BILL SCHNEIDER | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTHONY BUHR | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MEGAN THIELFOLDT | VICE-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC KALENZE | MEMBER | 40.00 |
Director
|
$87,874 | $11,376 | $99,250 |
| CHRISI DAUM | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RICH PENIX | MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CLAUD ALLAIRE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$128,259 | $12,466 | $140,725 |
| MOLLY HUNHOLZ | SPED DIRECTOR | 40.00 |
Officer
|
$110,624 | $10,338 | $120,962 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,861,214 | $6,434,524 | $8,967,209 | $426,690 |
| 2024 | $5,639,979 | $6,263,569 | $8,668,515 | $-623,590 |
| 2023 | $5,697,829 | $5,785,487 | $9,756,945 | $-87,658 |
| 2022 | $4,399,675 | $4,644,621 | $5,343,445 | $-244,946 |
| 2021 | $4,405,584 | $4,455,524 | $3,420,661 | $-49,940 |
| 2020 | $3,755,926 | $4,207,265 | $3,301,985 | $-451,339 |
| 2019 | $3,940,351 | $3,666,357 | $3,835,846 | $273,994 |
| 2018 | $2,530,600 | $2,458,143 | $991,073 | $72,457 |
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