FitKids360 (EIN 850653931) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

Carola Carassa

Phone

6167268204

Tax Period

2023-10-01 to 2024-09-30

FitKids360, founded in 2020, is a small nonprofit in the Human Services sector that reported $270K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $516K exceeded revenue, resulting in a 91% operating deficit.

Mission

To improve the health and wellness of children and families by providing nutrition, behavioral health, and exercise education enhanced by exposure to healthy cooking, gardening, and nature focused activities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $259,907

Program Service Revenue $10,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $270,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,797

Fundraising Expenses $0

Program Expenses $439,768

Other Expenses $316,722

TOTAL EXPENSES $515,519

Year-over-Year Comparison

	2023	2022	Change
Revenue	$270,407	$152,662	+0.8%
Expenses	$515,519	$393,635	+0.3%
Net Income	$-245,112	$-240,973	+0.0%

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

$31,200

Total Directors

$7,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keyuana Rosemond	Former Executive Director	17.00	Officer	$24,000	$0	$24,000
Carola Carassa	Executive Director	36.00	Officer	$0	$0	$0
Kathleen Howard	Chair	2.00	Officer Director	$7,200	$0	$7,200
Jared Tucker	Secretary	2.00	Officer Director	$0	$0	$0
Maureen Kirkwood	Treasurer	2.00	Officer Director	$0	$0	$0
Ankrah Sharalle	Director	2.00	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	$270,407	$515,519	$217,023	$-245,112
2023	$152,662	$393,635	$462,135	$-240,973
2022	$1,037,898	$261,152	$711,630	$776,746

FitKids360