National Exercise Trainers Association
- Assets
- $2.6m
- Revenue
- $933.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Minneapolis, MN
- Founding
- 12/1981
- Data as of
- 01/2024
- EIN
- 41-1319832
Organization Overview
National Exercise Trainers Association, operating under the name Neta, is located in Minneapolis, MN. The organization was established in 1981. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 01/2024, Neta employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neta is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2024, Neta generated $933.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $1.1m during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING GROUP EXERCISE AND OTHER FITNESS RELATED EDUCATION WORKSHOPS TO TRAIN INSTRUCTORS ON SAFE AND EFFECTIVE TEACHING METHODS. GUIDING FITNESS PROFESSIONALS THROUGH THEIR CAREER BY OFFERING AFFORDABLE AND ACCESSIBLE EDUCATION OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FITNESS EDUCATION AND TRAINING WORKSHOPS LIVE AND ONLINE ARE PROVIDED AT AFFORDABLE RATES TO TRAIN FITNESS INSTRUCTORS. CLIENTS LEARN TO DEVELOP, IMPLEMENT AND TEACH SAFE AND EFFECTIVE EXERCISE PROGRAMS. APPROXIMATELY 275 WORKSHOPS WERE HELD DURING THE 2023 TAX YEAR ALL ACROSS THE U.S. APPROXIMATELY 3,471 INDIVIDUALS UTILIZED NETA'S EDUCATION SERVICES THROUGHOUT 2023. WORKSHOPS ARE TYPICALLY HELD AT YMCA, YWCA, COMMUNITY EDUCATION CENTERS, HOSPITALS, COLLEGES, UNIVERSITIES, MILITARY FACILITIES, PRIVATE FITNESS FACILITIES AND LIVE ONLINE. NETA'S PRIMARY PROGRAMS ARE ACCREDITED BY THE NCCA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Crespo Executive Director | Officer | 40 | $167,250 |
Sarah Skoog Board Member | Trustee | 2 | $28,500 |
Ken Anderson Board Member | Trustee | 2 | $3,600 |
Kelly Leiker Board Member | Trustee | 1 | $0 |
Lorrie Alden Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $902,500 |
| Investment income | $13,344 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,525 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $933,369 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $174,500 |
| Compensation of current officers, directors, key employees. | $130,875 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $302,953 |
| Pension plan accruals and contributions | $17,080 |
| Other employee benefits | $56,603 |
| Payroll taxes | $34,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,698 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,792 |
| Advertising and promotion | $200,467 |
| Office expenses | $114,796 |
| Information technology | $27,394 |
| Royalties | $0 |
| Occupancy | $39,794 |
| Travel | $26,544 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,192 |
| Insurance | $13,221 |
| All other expenses | $0 |
| Total functional expenses | $1,090,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,030 |
| Savings and temporary cash investments | $266,332 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $468 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,192 |
| Prepaid expenses and deferred charges | $31,024 |
| Net Land, buildings, and equipment | $2,465 |
| Investments—publicly traded securities | $2,173,458 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,559,969 |
| Accounts payable and accrued expenses | $50,749 |
| Grants payable | $0 |
| Deferred revenue | $32,514 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $296,842 |
| Total liabilities | $380,105 |
| Net assets without donor restrictions | $2,179,864 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,559,969 |