GRIT 920 INC

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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

2022

Legal Domicile

Principal Officer

MICHAEL SCHMIDT

Phone

9204898003

Tax Period

2024-01-01 to 2024-12-31

GRIT 920 INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 65% operating margin.

Mission

THE MISSION OF GRIT 920 IS TO TEACH SAFE, HEALTHY HABITS TO INDIVIDUALS OF VARYING ABILITIES BY UTILIZING SPECIALIZED, ADAPTIVE EQUIPMENT IN ORDER TO BUILD CONFIDENCE, PROMOTE WELLNESS, AND ENCOURAGE CAMARADERIE IN A JUDGEMENT-FREE, INCLUSIVE ATMOSPHERE.

Program Service Accomplishments

Program 1

Expenses: $71,951

GRIT 920 FOCUSES ON BUILDING RELATIONSHIPS WHILE BUILDING MUSCLES BECAUSE WE BELIEVE THAT EVERY BODY SHOULD HAVE ACCESS TO FITNESS EQUIPMENT AND PROGRAMS THAT HELP IMPROVE THEIR MOBILITY, BALANCE...

GRIT 920 FOCUSES ON BUILDING RELATIONSHIPS WHILE BUILDING MUSCLES BECAUSE WE BELIEVE THAT EVERY BODY SHOULD HAVE ACCESS TO FITNESS EQUIPMENT AND PROGRAMS THAT HELP IMPROVE THEIR MOBILITY, BALANCE, STRENGTH, AND OVERALL HEALTH. WE CURRENTLY RUN SCHEDULED CLASSES FOR PULASKI, BONDUEL, AND HOWARD-SUAMICO SCHOOL DISTRICTS AS WELL AS ADULT PROGRAMS FOR ASPIRO AND BRIDGE THE GAP. WE HOST SPECIAL POP-UP CLASSES FOR SYBLE HOPP AND THE DOWN SYNDROME ASSOCIATION OF WISCONSIN, WHILE PROVIDING FUN FIT FRIDAY CLASSES FOR ANYONE INTERESTED IN CHECKING OUT AN ADAPTIVE FITNESS CLASSES.

Program 2

EXPANDED PARTNERSHIPS AND VISIBILITY WITHIN THE COMMUNITY INCLUDING GREEN BAY PACKERS WHO PROVIDED AN ADAPTIVE FOOTBALL CAMP, BAY NORDIC SKI TO PROVIDE AN ADAPTIVE SKI EVENT, AND MY TEAM TRIUMPH...

EXPANDED PARTNERSHIPS AND VISIBILITY WITHIN THE COMMUNITY INCLUDING GREEN BAY PACKERS WHO PROVIDED AN ADAPTIVE FOOTBALL CAMP, BAY NORDIC SKI TO PROVIDE AN ADAPTIVE SKI EVENT, AND MY TEAM TRIUMPH. WHILE SUPPORTING AND PARTNERING WITH OTHER NON-PROFITS INCLUDING MISS AMAZING, CAMP DANIELS DANCE FOR DISABILITIES, AND MORE.

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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 $34,684

Program Service Revenue $8,553

Investment Income $449

Other Revenue $161,279

TOTAL REVENUE $204,965

Expense Breakdown

Grants Paid $650

Salaries & Benefits $17,891

Fundraising Expenses $0

Program Expenses $71,951

Other Expenses $53,410

TOTAL EXPENSES $71,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$204,965	$73,041	+1.8%
Expenses	$71,951	$44,527	+0.6%
Net Income	$133,014	$28,514	+3.7%

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

N/A

Employees

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

$15,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLIE LINDER	EXECUTIVE DIRECTOR	10.00	Key Emp	$15,000	$0	$15,000
KAITLYN DRISCOLL	TREASURER	2.00	Officer	$0	$0	$0
BRIAN MORK	PRESIDENT	2.00	Officer	$0	$0	$0
MICHAEL SCHMIDT	VICE PRESIDENT	2.00	Officer	$0	$0	$0
HEIDI BAEZ	SECRETARY	2.00	Officer	$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	$204,965	$71,951	$205,456	$133,014