FIT SCHOLARS

EIN: 874424976 501(c)(3) Food, Agriculture & Nutrition

LITTLE ROCK, AR

Total Revenue
$757,945
Total Expenses
$275
Total Assets
$757,670
Net Assets
$757,670
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
AR
Principal Officer
REGINA THURMAN
Phone
5018382508
Tax Period
2023-01-01 to 2023-12-31

FIT SCHOLARS, founded in 2021, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $758K in total revenue in fiscal year 2023. The organization ran a surplus of $758K, a strong 100% operating margin.

Mission

PROMOTE AWARENESS OF, AND PROVIDE EDUCATION FOR, HEALTHIER LIVING TO THE UNDERSERVED YOUTH, THROUGH AFTER-SCHOOL PROGRAMS

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $757,945
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $757,945

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $275
TOTAL EXPENSES $275

Year-over-Year Comparison

2023 2022 Change
Revenue $757,945 N/A N/A
Expenses $275 N/A N/A
Net Income $757,670 $0 N/A
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

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Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REGINALD THURMAN PRESIDENT, TREASURER, DIRECTOR 1.00
Officer Director
$0 $0 $0
REGINA THURMAN VICE PRESIDENT, SECRETARY, DIRECTOR 1.00
Officer Director
$0 $0 $0
LOIS THURMAN DIRECTOR 1.00
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 No data No data No data No data
2023 $757,945 $275 $757,670 $757,670
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