Faithful Workouts
- Assets
- $115.4k
- Revenue
- $255.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Evergreeen, CO
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 80-0653824
Organization Overview
Faithful Workouts is located in Evergreeen, CO. The organization was established in 2011. According to its NTEE Classification (N19) the organization is classified as: Support N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faithful Workouts 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 12/2021, Faithful Workouts generated $255.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $252.6k during the year ending 12/2021. While expenses have increased by 18.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF FAITHFUL WORKOUTS IS TO INSPIRE PHYSICAL AND SPIRITUAL FITNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TV / DVD / BOOKS / SPEAKING - TO INSPIRE PHYSICAL AND SPIRITUAL FITNESS THROUGH MEDIA TO THOSE AROUND THE WORLD.
EXERCISE CLASSES - TO OFFER FACE TO FACE PHYSICAL AND SPIRITUAL INSPIRATION TO THOSE IN THE EVERGREEN, COLORADO COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Spadafora Executive Dir. | Officer | 40 | $30,000 |
Eileen Sloan Director | Trustee | 2 | $0 |
Ken Sloan Director | Trustee | 2 | $0 |
Nancy Silverman Director | Trustee | 2 | $0 |
Julie Sharber Director | Trustee | 2 | $0 |
Sharon Wood President | Trustee | 5 | $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 | $144,105 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,105 |
| Total Program Service Revenue | $111,413 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,518 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,658 |
| 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 | $233 |
| Insurance | $0 |
| All other expenses | $215,434 |
| Total functional expenses | $252,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,235 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,170 |
| Other assets | $0 |
| Total assets | $115,405 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $115,405 |
| 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 | $115,405 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faithful Workouts has recieved totaling $11,750.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $11,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tulsa Healthy Families Association Tulsa, OK | $18,852,622 | $126,280 |
Colorado Canyons Association Grand Junction, CO | $243,189 | $539,781 |
Faithful Workouts Evergreeen, CO | $115,405 | $255,518 |
Warmshowers Org Boulder, CO | $188,868 | $329,052 |
Friends Of The Tubac Presidio And Museum Inc Tubac, AZ | $706,350 | $647,180 |
Bear 100 Inc Smithfield, UT | $922 | $0 |
Platte River Fitness Series North Platte, NE | $25,735 | $0 |
National Parks Traveler Park City, UT | $66,617 | $0 |
Camp Dakani Foundation Oklahoma City, OK | $284,943 | $0 |
Wells 20 Foundation Inc Holdrege, NE | $60,288 | $62,256 |
Fresh Wellness Foundation Inc Omaha, NE | $0 | $0 |