Nonprofit · EIN 47-2708975
EMERALD COAST FITNESS FOUNDATION
Tax-exempt · FT WALTON BCH, FL 32548
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,094,010 | $1,001,292 | $92,718 | $243,881 | $16,392 | $227,489 |
| December 31, 2023 | 990 | $963,087 | $977,711 | -$14,624 | $137,727 | $44,019 | $93,708 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $350,548
- of which government grants
- $25,000
- Program service revenue
- $637,030
- Investment income
- $234
- Net income from fundraising events
- $71,129
- Net income from sales of inventory
- $35,069
- Other revenue
- $106,198
Expenses
- Grants and similar amounts paid
- $3,495
- Compensation of officers, directors and key employees
- $16,321
- Other salaries and wages
- $490,641
- Salaries, compensation and benefits (total)
- $571,792
- Professional fundraising fees
- $0
- Occupancy
- $141,836
- Depreciation
- $18,189
- Program services (functional)
- $756,385
- Management and general (functional)
- $244,907
Balance sheet and other
- Total assets, start of year
- $137,727
- Total assets, end of year
- $243,881
- Total liabilities, end of year
- $16,392
- Net assets, end of year
- $227,489
- Land, buildings and equipment
- $86,425
- Net assets without donor restrictions
- $227,084
- Net assets with donor restrictions
- $405
- Gross receipts
- $1,178,539
- Employees
- 86
- Volunteers
- 30
- Year formed
- 2015
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Bradley Kale | Advisory Board Member Trustee or director | 12 | $16,321 |
| D Parker Destin | Advisory Board Member Trustee or director | 1 | $0 |
| James Ward | Advisory Board Member Trustee or director | 1 | $0 |
| Paul Singleton | Advisory Board Member Trustee or director | 1 | $0 |
| Pamela Braseth | Advisory Board Member Trustee or director | 1 | $0 |
| Sharon Smith | Advisory Board Member Trustee or director | 1 | $0 |
| Charles Noonan | Advisory Board Member Trustee or director | 1 | $0 |
| Len Strom | Advisory Board Member Trustee or director | 1 | $0 |
| Chris Sehman | Executive Board Member Trustee or director, Officer | 1 | $0 |
| Wayne Myers | Secretary Trustee or director, Officer | 1 | $0 |
| Gary Heapy | Vice President Trustee or director, Officer | 1 | $0 |
| Kevin Leibold | President Trustee or director, Officer | 1 | $0 |
| Kathleen Heapy | Treasury Trustee or director, Officer | 20 | $0 |
| Stan Kroder | Advisory Board Member Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Bradley Kale | Advisory Board Member Trustee or director | 12 | $15,134 |
| Mathilda Ravine | Advisory Board Member Trustee or director | 1 | $0 |
| D Parker Destin | Advisory Board Member Trustee or director | 1 | $0 |
| James Ward | Advisory Board Member Trustee or director | 1 | $0 |
| Paul Singleton | Advisory Board Member Trustee or director | 1 | $0 |
| Pamela Braseth | Advisory Board Member Trustee or director | 1 | $0 |
| Sharon Smith | Advisory Board Member Trustee or director | 1 | $0 |
| Charles Noonan | Advisory Board Member Trustee or director | 1 | $0 |
| Len Strom | Advisory Board Member Trustee or director | 1 | $0 |
| Chris Sehman | Executive Board Member Trustee or director, Officer | 1 | $0 |
| Wayne Myers | Secretary Trustee or director, Officer | 1 | $0 |
| Gary Heapy | Vice President Trustee or director, Officer | 1 | $0 |
| Kevin Leibold | President Trustee or director, Officer | 1 | $0 |
| Kathleen Heapy | Treasury Trustee or director, Officer | 20 | $0 |
| Stan Kroder | Advisory Board Member Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 114 READY AVE NW, FT WALTON BCH, FL 32548-3560
- In care of
- % KATHLEEN M HEAPY
- Principal officer (990 for 2024)
- Kathleen M Heapy, 114 READY AVE NW, Ft Walton Bch, FL 325483560
- Signed the 990
- Stan Kroder, Finance Committee Member
- Phone
- (850) 585-6233
Mission
Provide programs and facilities that will deliver opportunities for instruction training and competitive excellence primarily in sports.
Program accomplishments
- Provide aquatic programs such as aquacize and lap swimExpenses $399,091 · revenue $209,496
- Instructor-led swim lessons for people of all agesExpenses $117,396 · grants $3,495 · revenue $249,594
- Rent swimming pool facilities to local organizations such as schools swim teams and special interests groupsExpenses $239,898 · revenue $177,940
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2708975
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N30)
- Assets (IRS master file)
- $243,881
- Income (IRS master file)
- $1,178,539
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,094,010 | $1,001,292 | $243,881 | XML |
| 990 | December 2023 | $963,087 | $977,711 | $137,727 | XML |
| 990 | December 2022 | $919,124 | $895,259 | $150,423 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2708975).
Questions about EMERALD COAST FITNESS FOUNDATION
- What is the EIN of EMERALD COAST FITNESS FOUNDATION?
- The employer identification number (EIN) of EMERALD COAST FITNESS FOUNDATION is 47-2708975.
- Is EMERALD COAST FITNESS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to EMERALD COAST FITNESS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EMERALD COAST FITNESS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EMERALD COAST FITNESS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EMERALD COAST FITNESS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EMERALD COAST FITNESS FOUNDATION?
- The 990 for the year ended December 31, 2024 names Kathleen M Heapy.
- Who are the officers and directors of EMERALD COAST FITNESS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $16,321 (Robert Bradley Kale, Advisory Board Member).
- How much revenue does EMERALD COAST FITNESS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,094,010, expenses of $1,001,292 and total assets of $243,881 at year end.
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- E W SUDDUTH FOUNDATION INC EIN 99-0391491 · last filed 990-N for 2025
- COASTAL TRAVEL BASEBALL INC EIN 47-1870903 · last filed 990-N for 2024
- FORT WALTON BEACH BUCCANEERS YOUTH FOOTBALL & CHEERLEADING ASSOCIATIO EIN 81-2110962 · last filed 990-N for 2025
- UNITED STATES BOWLING CONGRESS INC EIN 20-4120957 · last filed 990-N for 2024
All nonprofits in FT WALTON BCH · Florida · Recreation and sports