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Nonprofit · EIN 47-4006097

FIT ACADEMY

Tax-exempt · APPLE VALLEY, MN 55124

Financials

$5.7M$5.8M2022$5.6M$6.3M2023$6.9M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of FIT ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,861,214$6,434,524$426,690$8,967,209$9,639,767-$672,558
June 30, 2024990$5,639,979$6,263,569-$623,590$8,668,515$9,748,105-$1,079,590
June 30, 2023990$5,697,829$5,785,487-$87,658$9,756,945$10,212,945-$456,000
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,269,868
of which government grants
$6,244,121
Program service revenue
$575,316
Investment income
$17,248
Net income from sales of inventory
-$1,218
Other revenue
-$1,218

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$559,225
Other salaries and wages
$2,684,544
Salaries, compensation and benefits (total)
$4,043,592
Professional fundraising fees
$0
Legal fees
$32,384
Accounting fees
$104,505
Occupancy
$516,180
Travel
$121,461
Depreciation
$442,600
Program services (functional)
$4,420,670
Management and general (functional)
$2,013,854

Balance sheet and other

Total assets, start of year
$8,668,515
Total assets, end of year
$8,967,209
Total liabilities, end of year
$9,639,767
Net assets, end of year
-$672,558
Land, buildings and equipment
$6,016,173
Gross receipts
$6,864,352
Employees
86
Volunteers
23
Year formed
2014
State of legal domicile
MN

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CLAUD ALLAIREEXECUTIVE DIRECTOR
Officer
40$128,259$12,466
MOLLY HUNHOLZSPED DIRECTOR
Officer
40$110,624$10,338
ERIC KALENZEMEMBER
Trustee or director
40$87,874$11,376
SHANNON BAKERMEMBER (FORMER)
Trustee or director
40$88,560$8,200
ANGIE HALAMAMEMBER
Trustee or director
40$74,695$11,548
BILL SCHNEIDERCHAIR
Trustee or director, Officer
5$0$0
ANTHONY BUHRTREASURER
Trustee or director, Officer
2$0$0
MEGAN THIELFOLDTVICE-CHAIR
Trustee or director, Officer
2$0$0
CHRISI DAUMMEMBER
Trustee or director
2$0$0
RICH PENIXMEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
CLAUD ALLAIREEXECUTIVE DIRECTOR
Officer
40$121,114$11,693
MOLLY HUNHOLZSPED DIRECTOR
Officer
40$104,135$9,706
ANGIE HALAMASECRETARY
Trustee or director, Officer
40$69,686$10,999
SHANNON BAKERMEMBER
Trustee or director
40$73,659$6,841
JAN MARKISONCHAIR
Trustee or director, Officer
5$0$0
BILL SCHNEIDERTREASURER
Trustee or director, Officer
2$0$0
MEGAN THIELFOLDTMEMBER
Trustee or director
2$0$0
CHRISTOPHER STOOKEYMEMBER (FORMER)
Trustee or director
2$0$0
ANTHONY BUHRMEMBER
Trustee or director
2$0$0
TIFFANY TAYLORMEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
CLAUD ALLAIREEXECUTIVE DIRECTOR
Trustee or director, Officer
40$122,602$20,930
MOLLY HUNHOLZSPED DIRECTOR
Trustee or director, Officer
40$103,896$17,630
ANGIE HALAMASECRETARY
Trustee or director, Officer
40$73,128$17,923
SHANNON BAKERMEMBER
Trustee or director
40$69,078$11,697
ANTHONY BUHRDIRECTOR
Trustee or director
2$0$0
BILL SCHNEIDERTREASURER
Trustee or director, Officer
2$0$0
TIFFANY TAYLORDIRECTOR
Trustee or director
2$0$0
CHRISTOPHER STOOKEYMEMBER
Trustee or director
2$0$0
MEGAN THIELFOLDTDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
7200 147TH ST W, APPLE VALLEY, MN 55124-9008
Mailing address (990-N for 2015)
PO Box 240622, Apple Valley MN 55124
Principal officer (990 for 2024)
CLAUD ALLAIRE, 7200 147TH STREET W, APPLE VALLEY, MN 55124
Principal officer (990-N for 2015)
Claud Allaire, 5975 Blackberry Trail, Inver Grove Heights MN 55076
Signed the 990
CLAUD ALLAIRE, EXECUTIVE DIRECTOR
Phone
(952) 847-3798
Return prepared by
SCHLENNER WENNER & CO CPA'S PA

Mission

FIT ACADEMY BELIEVES STUDENTS MUST HAVE A HEALTHY FOUNDATION TO ACHIEVE ACADEMIC EXCELLENCE. OUR MISSION IS TO PROVIDE A RIGOROUS ACADEMIC EXPERIENCE BY OFFERING A BALANCED APPROACH TO THE MENTAL, PHYSICAL, AND EMOTIONAL DEVELOPMENT OF OUR STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • AS THE SCHOOL'S ENROLLMENT CONTINUES TO GROW, SO DOES ITS PROGRAMS REQUIRED TO SERVE THOSE STUDENTS. THIS HAS RESULTED IN AN INCREASE IN THE NUMBER OF STUDENTS TO AN ENROLLMENT OF 420 IN GRADES K-12.
    Expenses $4,420,670 · revenue $575,316

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
47-4006097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,967,209
Income (IRS master file)
$6,864,352

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,861,214$6,434,524$8,967,209XML
990June 2024$5,639,979$6,263,569$8,668,515XML
990June 2023$5,697,829$5,785,487$9,756,945XML
990June 2022$4,399,675$4,644,621$5,343,445IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2015
Officer: Claud Allaire
June 30, 2016≤ $50,000 receipts––e-Postcard

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 47-4006097).

Questions about FIT ACADEMY

What is the EIN of FIT ACADEMY?
The employer identification number (EIN) of FIT ACADEMY is 47-4006097.
Is FIT ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to FIT ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FIT ACADEMY 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 FIT ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIT ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FIT ACADEMY?
The 990 for the year ended June 30, 2025 names CLAUD ALLAIRE.
Who are the officers and directors of FIT ACADEMY?
The 990 for the year ended June 30, 2025 lists 10 people; 5 received compensation from the organization, the highest $128,259 (CLAUD ALLAIRE, EXECUTIVE DIRECTOR).
How much revenue does FIT ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,861,214, expenses of $6,434,524 and total assets of $8,967,209 at year end.

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