Adaptive Action Sports Inc
EIN: 651245737 · Lummi Island, WA · NTEE: N122
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $167K |
| Net Assets | $38K |
Is Adaptive Action Sports Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Adaptive Action Sports Inc
Adaptive Action Sports Inc (EIN: 651245737) is a nonprofit organization based in Lummi Island, WA, classified under NTEE code N122. The organization reported total revenue of $254K and total assets of $852 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adaptive Action Sports Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adaptive Action Sports Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $167K |
| Surplus / Deficit | +$34K |
| Total Assets | $46K |
| Total Liabilities | $8K |
| Net Assets | $38K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Adaptive Action Sports Inc reported a surplus of $34K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adaptive Action Sports Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | -43.1% | +152.7% |
| 2022 | +73.1% | +54.3% | +178.8% |
| 2021 | +76.8% | +89.6% | -38.8% |
| 2020 | -39.4% | -37.4% | -11.3% |
| 2019 | -5.0% | -7.4% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Adaptive Action Sports Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adaptive Action Sports Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.0%.
Frequently Asked Questions about Adaptive Action Sports Inc
Is Adaptive Action Sports Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Adaptive Action Sports Inc (EIN: 651245737) insufficient data. 0 red flags identified, 0 strengths noted.
How does Adaptive Action Sports Inc spend its money?
Detailed spending breakdown data is not yet available for Adaptive Action Sports Inc. Check back for updated IRS 990 analysis.
Are donations to Adaptive Action Sports Inc tax-deductible?
Adaptive Action Sports Inc is registered as a tax-exempt nonprofit (EIN: 651245737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Adaptive Action Sports Inc located?
Adaptive Action Sports Inc is headquartered in Lummi Island, Washington and files with the IRS under EIN 651245737. It is classified under NTEE code N122.
How many years of IRS 990 filings does Adaptive Action Sports Inc have?
Adaptive Action Sports Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $254K in total revenue.
Filing History
IRS 990 filing history for Adaptive Action Sports Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adaptive Action Sports Inc's revenue has grown by 69.9%, moving from $118K to $201K. Total assets increased by 94.2% over the same period, from $24K to $46K. Total functional expenses rose by 35.6%, from $123K to $167K. In its most recent filing year (2023), Adaptive Action Sports Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $8K in liabilities against $46K in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $38K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $167K | $46K | $8K | — | View 990 |
| 2022 | $303K | $294K | $18K | $14K | — | View 990 |
| 2021 | $175K | $191K | $7K | $11K | — | View 990 |
| 2020 | $99K | $101K | $11K | $0 | — | View 990 |
| 2019 | $164K | $161K | $12K | $0 | — | View 990 |
| 2018 | $172K | $174K | $10K | $0 | — | View 990 |
| 2017 | $338K | $331K | $11K | $0 | — | View 990 |
| 2016 | $192K | $256K | $20K | $16K | — | View 990 |
| 2015 | $244K | $249K | $118K | $0 | — | View 990 |
| 2014 | $205K | $228K | $111K | $0 | — | View 990 |
| 2013 | $202K | $117K | $134K | $0 | — | — |
| 2012 | $118K | $108K | $36K | $976 | — | View 990 |
| 2011 | $118K | $123K | $24K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $167K, and assets of $46K (revenue -33.7% year-over-year).
- 2022: Revenue of $303K, expenses of $294K, and assets of $18K (revenue +73.1% year-over-year).
- 2021: Revenue of $175K, expenses of $191K, and assets of $7K (revenue +76.8% year-over-year).
- 2020: Revenue of $99K, expenses of $101K, and assets of $11K (revenue -39.4% year-over-year).
- 2019: Revenue of $164K, expenses of $161K, and assets of $12K (revenue -5.0% year-over-year).
- 2018: Revenue of $172K, expenses of $174K, and assets of $10K (revenue -49.0% year-over-year).
- 2017: Revenue of $338K, expenses of $331K, and assets of $11K (revenue +76.3% year-over-year).
- 2016: Revenue of $192K, expenses of $256K, and assets of $20K (revenue -21.5% year-over-year).
- 2015: Revenue of $244K, expenses of $249K, and assets of $118K (revenue +18.9% year-over-year).
- 2014: Revenue of $205K, expenses of $228K, and assets of $111K (revenue +1.8% year-over-year).
- 2013: Revenue of $202K, expenses of $117K, and assets of $134K (revenue +71.2% year-over-year).
- 2012: Revenue of $118K, expenses of $108K, and assets of $36K (revenue -0.5% year-over-year).
- 2011: Revenue of $118K, expenses of $123K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adaptive Action Sports Inc:
Data Sources and Methodology
This transparency report for Adaptive Action Sports Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.