National Institute For Fitness And Sport Inc in Indianapolis, Indiana (IN)

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National Institute For Fitness And Sport Inc
Employer Identification Number (EIN)311130407
Name of OrganizationNational Institute For Fitness And Sport Inc
In Care of NameThomas M Lofton Baker & Daniels
Address250 University Blvd, Indianapolis, IN 46202-5137
ActivitiesOther health services, Other sports or athletic activities, Non financial services of facilities to other organizations
SubsectionEducational Organization
Ruling Date06/1985
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$7,396,425
Amount of Income$7,013,989
Form 990 Revenue Amount$6,969,242


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$6,859,347
Contributions, Gifts, Grants and Other Similar Amounts$231,680
Program Service Revenue$6,621,587
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7,363
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-20,344
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $100
Less: cost or other basis and sales expenses (Securities / Other)$0 / $20,444
Gain or (loss) (Securities / Other)$0 / $-20,344
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$19,061
Gross sales of inventory, less returns and allowances$65,564
Less: cost of goods sold$46,503
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$7,016,104
Compensation of current officers, directors, trustees, and key employees$131,117
Other salaries and wages$4,375,276
Payroll taxes$451,225
Professional fundraising services$0
Other$2,058,486
Balance Sheet (for 2012)
Total assets$7,575,396
Total liabilities$790,261
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$790,261
Total net assets or fund balances$6,785,135
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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