Adaptive Sports Foundation Inc
Adaptive Sports Foundation consistently grows assets with strong program spending and no reported officer compensation.
EIN: 141823155 · Windham, NY · NTEE: N20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $7.8M |
| Transparency Score | 90/100 |
Is Adaptive Sports Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adaptive Sports Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adaptive Sports Foundation Inc
Adaptive Sports Foundation Inc (EIN: 141823155) is a nonprofit organization based in Windham, NY, classified under NTEE code N20. The organization reported total revenue of $3.7M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adaptive Sports Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adaptive Sports Foundation Inc is a mid-size nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$187K |
| Total Assets | $8.6M |
| Total Liabilities | $800K |
| Net Assets | $7.8M |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 67.0 months |
Financial Health Grade: A
In 2023, Adaptive Sports Foundation Inc reported a surplus of $187K with revenue exceeding expenses, holds 67.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Adaptive Sports Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.0% | +1.0% | +6.6% |
| 2022 | -8.4% | +20.5% | -7.0% |
| 2021 | +15.2% | -31.1% | +18.0% |
| 2020 | -19.8% | +1.6% | -3.2% |
| 2019 | -0.9% | +7.8% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adaptive Sports Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Adaptive Sports Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues exceeding $1.5 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the expense structure, requiring deeper scrutiny of the full 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Adaptive Sports Foundation Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and may obscure actual executive remuneration if it's categorized elsewhere.
Strengths
The following positive indicators were identified for Adaptive Sports Foundation Inc:
- Consistent asset growth, from $6.56 million in 2014 to $8.60 million in 2023, indicating strong financial management.
- Generally positive net income, with revenues frequently exceeding expenses (e.g., 2023 revenue $1.73M vs. expenses $1.54M).
- Strong program focus implied by the nature of the organization and the absence of high administrative or fundraising costs.
- Low liabilities relative to assets, with liabilities typically around 10% of total assets (e.g., 2023 liabilities $799,749 vs. assets $8,604,847).
Frequently Asked Questions about Adaptive Sports Foundation Inc
Is Adaptive Sports Foundation Inc a legitimate charity?
Adaptive Sports Foundation Inc (EIN: 141823155) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Adaptive Sports Foundation Inc spend its money?
Adaptive Sports Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Adaptive Sports Foundation Inc tax-deductible?
Adaptive Sports Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141823155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Adaptive Sports Foundation Inc CEO make?
Adaptive Sports Foundation Inc's highest-compensated officer earns $1.5 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Adaptive Sports Foundation Inc's spending goes to programs?
Adaptive Sports Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adaptive Sports Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Adaptive Sports Foundation Inc is above average for NTEE category N20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adaptive Sports Foundation Inc located?
Adaptive Sports Foundation Inc is headquartered in Windham, New York and files with the IRS under EIN 141823155. It is classified under NTEE code N20.
How many years of IRS 990 filings does Adaptive Sports Foundation Inc have?
Adaptive Sports Foundation Inc has 12 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 $3.7M in total revenue.
Is Adaptive Sports Foundation Inc a good charity?
Based on the provided data, Adaptive Sports Foundation Inc appears to be a good charity, demonstrating consistent financial stability, asset growth, and a strong likelihood of high program spending efficiency, especially given the reported 0% officer compensation.
How has the organization's financial health trended over the last decade?
The organization has shown a positive financial trend over the last decade, with assets growing from $6.56 million in 2014 to $8.60 million in 2023, and generally maintaining revenues that exceed expenses, indicating sound financial management.
What is the significance of 0% officer compensation?
A consistent report of 0% officer compensation is highly significant. It could mean that the organization is run entirely by volunteers at the executive level, or that executive salaries are reported under other expense lines (e.g., program or administrative staff salaries) rather than specifically as 'officer compensation' on the 990. This warrants a review of the full 990 to understand the true compensation structure.
Filing History
IRS 990 filing history for Adaptive Sports Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Adaptive Sports Foundation Inc's revenue has grown by 11.1%, moving from $1.6M to $1.7M. Total assets increased by 53.1% over the same period, from $5.6M to $8.6M. Total functional expenses rose by 2.2%, from $1.5M to $1.5M. In its most recent filing year (2023), Adaptive Sports Foundation Inc reported a surplus of $187K, with revenue exceeding expenses. The organization holds $800K in liabilities against $8.6M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.5M | $8.6M | $800K | — | View 990 |
| 2022 | $1.6M | $1.5M | $8.1M | $775K | — | View 990 |
| 2021 | $1.8M | $1.3M | $8.7M | $857K | — | View 990 |
| 2020 | $1.5M | $1.8M | $7.4M | $854K | — | View 990 |
| 2019 | $1.9M | $1.8M | $7.6M | $790K | — | View 990 |
| 2018 | $1.9M | $1.7M | $7.8M | $812K | — | View 990 |
| 2017 | $2.8M | $1.8M | $7.4M | $833K | — | View 990 |
| 2016 | $1.7M | $1.8M | $6.6M | $1.2M | — | View 990 |
| 2015 | $2.4M | $1.8M | $6.8M | $1.3M | — | View 990 |
| 2014 | $2.2M | $1.6M | $6.6M | $1.5M | — | View 990 |
| 2013 | $1.5M | $1.6M | $5.5M | $1.3M | — | View 990 |
| 2012 | $1.6M | $1.5M | $5.6M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.5M, and assets of $8.6M (revenue +7.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.5M, and assets of $8.1M (revenue -8.4% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $8.7M (revenue +15.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.8M, and assets of $7.4M (revenue -19.8% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $7.6M (revenue -0.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.7M, and assets of $7.8M (revenue -30.2% year-over-year).
- 2017: Revenue of $2.8M, expenses of $1.8M, and assets of $7.4M (revenue +62.0% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.8M, and assets of $6.6M (revenue -29.9% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.8M, and assets of $6.8M (revenue +10.2% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.6M, and assets of $6.6M (revenue +43.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $5.5M (revenue -1.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adaptive Sports Foundation Inc:
Data Sources and Methodology
This transparency report for Adaptive Sports Foundation 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.