Adaptive Sports Usa Inc
Adaptive Sports USA Inc. reports zero assets in latest filing after years of fluctuating revenue and expenses.
EIN: 112352035 · Charlotte, NC · NTEE: N40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $347K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $300,000. |
| Transparency Score | 65/100 |
Search Intent Cockpit
Adaptive Sports Usa Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Adaptive Sports Usa Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Adaptive Sports Usa Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $301K and expenses of $347K.
Revenue and Expenses
Adaptive Sports Usa Inc reported $301K in revenue and $347K in expenses, a deficit of $45K.
Executive Compensation
Top officer compensation appears as $300,000. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Adaptive Sports Usa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $277K (80%) |
Across stored filings, Adaptive Sports Usa Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade C | 10 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Category N context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Charlotte, NC nonprofitsCategory N in North Carolina
Human Services in North Carolina
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Keep the Investigation Moving
Adaptive Sports Usa Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adaptive Sports Usa Inc
Adaptive Sports Usa Inc (EIN: 112352035) is a nonprofit organization based in Charlotte, NC, classified under NTEE code N40Z. The organization reported total revenue of $301K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adaptive Sports Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adaptive Sports Usa Inc is a small nonprofit that has been operating for 48 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $301K |
| Total Expenses | $347K |
| Surplus / Deficit | $-45,343 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -15.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2020, Adaptive Sports Usa Inc reported a deficit of $45K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2020), Adaptive Sports Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -33.4% | -12.4% | -100.0% |
| 2019 | +1.5% | -4.6% | +52.0% |
| 2018 | -23.8% | -21.3% | +13.1% |
| 2017 | +57.6% | +21.9% | -23.1% |
| 2016 | -18.6% | -18.5% | +40.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
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 Usa Inc with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Adaptive Sports Usa Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led organization or that executive roles are compensated through other means not categorized as officer compensation, which is unusual for an organization with revenues often exceeding $300,000.
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 Usa Inc's IRS 990 filings:
- Sudden and complete disappearance of assets from $635,694 in 2019 to $0 in 2020 without corresponding liabilities.
- Expenses frequently exceeding revenue, indicating potential operational deficits (e.g., 2020, 2016, 2015, 2014).
- Consistent 0% officer compensation for an organization with significant revenue, which could mask other forms of compensation or indicate an unsustainable reliance on unpaid labor.
- Fluctuating revenue streams over the decade, making long-term financial planning challenging.
Strengths
The following positive indicators were identified for Adaptive Sports Usa Inc:
- Consistent filing of IRS Form 990s, indicating a commitment to regulatory transparency.
- No reported officer compensation, suggesting a potentially lean administrative structure or strong volunteer engagement.
- Long operational history with 10 years of filings, demonstrating resilience despite financial fluctuations.
Frequently Asked Questions about Adaptive Sports Usa Inc
Is Adaptive Sports Usa Inc a legitimate charity?
Adaptive Sports Usa Inc (EIN: 112352035) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $301K. 4 red flags identified. 3 strengths noted. Financial health grade: C.
How does Adaptive Sports Usa Inc spend its money?
Adaptive Sports Usa Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Adaptive Sports Usa Inc tax-deductible?
Adaptive Sports Usa Inc is registered as a tax-exempt nonprofit (EIN: 112352035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Adaptive Sports Usa Inc CEO make?
Adaptive Sports Usa Inc's highest-compensated officer earns $300,000. annually. The organization reported $301K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Adaptive Sports Usa Inc's spending goes to programs?
Adaptive Sports Usa Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adaptive Sports Usa Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Adaptive Sports Usa Inc is above average for NTEE category N40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adaptive Sports Usa Inc located?
Adaptive Sports Usa Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 112352035. It is classified under NTEE code N40Z.
How many years of IRS 990 filings does Adaptive Sports Usa Inc have?
Adaptive Sports Usa Inc has 10 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 $301K in total revenue.
What caused the organization's assets to drop from $635,694 in 2019 to $0 in 2020?
The IRS 990 data shows a dramatic decrease in assets, but the specific reasons for this change are not detailed in the summary provided and would require reviewing the full financial statements for the 2020 period.
How does Adaptive Sports USA Inc. cover its expenses when they exceed revenue, as seen in 2020 ($346,719 expenses vs. $301,376 revenue)?
When expenses exceed revenue, organizations typically draw from reserves, utilize prior year surpluses, or receive restricted funds that are not immediately recognized as general revenue. The specific funding mechanism would need to be identified from detailed financial statements.
Given the 0% officer compensation, how are the organization's leadership and operational management structured and compensated?
The consistent 0% officer compensation suggests a volunteer-driven leadership model. However, it's possible that key personnel are compensated as employees or contractors, which would not be reflected in the 'officer compensation' line item on the 990.
What is the long-term financial sustainability plan for Adaptive Sports USA Inc. given the fluctuating revenue and occasional deficits?
The provided data indicates a pattern of inconsistent financial performance. A sustainable plan would typically involve diversifying funding sources, building robust reserves, and carefully managing expenses to ensure consistent operational capacity, especially after the significant asset reduction.
Filing History
IRS 990 filing history for Adaptive Sports Usa Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Adaptive Sports Usa Inc's revenue has grown by 84.6%, moving from $163K to $301K. Total assets decreased by 100% over the same period, from $312K to $0. Total functional expenses rose by 126.4%, from $153K to $347K. In its most recent filing year (2020), Adaptive Sports Usa Inc reported a deficit of $45K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $301K | $347K | $0 | $0 | — | — |
| 2019 | $452K | $396K | $636K | $248K | — | View 990 |
| 2018 | $446K | $415K | $418K | $98K | — | View 990 |
| 2017 | $585K | $527K | $370K | $64K | — | View 990 |
| 2016 | $371K | $433K | $481K | $250K | — | View 990 |
| 2015 | $456K | $531K | $342K | $68K | — | View 990 |
| 2014 | $197K | $257K | $518K | $266K | — | View 990 |
| 2013 | $223K | $210K | $481K | $111K | — | View 990 |
| 2012 | $289K | $204K | $415K | $77K | — | View 990 |
| 2011 | $163K | $153K | $312K | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $301K, expenses of $347K, and assets of $0 (revenue -33.4% year-over-year).
- 2019: Revenue of $452K, expenses of $396K, and assets of $636K (revenue +1.5% year-over-year).
- 2018: Revenue of $446K, expenses of $415K, and assets of $418K (revenue -23.8% year-over-year).
- 2017: Revenue of $585K, expenses of $527K, and assets of $370K (revenue +57.6% year-over-year).
- 2016: Revenue of $371K, expenses of $433K, and assets of $481K (revenue -18.6% year-over-year).
- 2015: Revenue of $456K, expenses of $531K, and assets of $342K (revenue +131.7% year-over-year).
- 2014: Revenue of $197K, expenses of $257K, and assets of $518K (revenue -11.9% year-over-year).
- 2013: Revenue of $223K, expenses of $210K, and assets of $481K (revenue -22.8% year-over-year).
- 2012: Revenue of $289K, expenses of $204K, and assets of $415K (revenue +77.2% year-over-year).
- 2011: Revenue of $163K, expenses of $153K, and assets of $312K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adaptive Sports Usa Inc:
Data Sources and Methodology
This transparency report for Adaptive Sports Usa 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.