Maine Adaptive Sports & Recreation
- Assets
- $1.5m
- Revenue
- $870.7k
- Investments
- $0.0
- Employees
- 11
- Location
- Bethel, ME
- Founding
- 08/1983
- Data as of
- 06/2023
- EIN
- 01-0388818
Organization Overview
Maine Adaptive Sports & Recreation is located in Bethel, ME. The organization was established in 1983. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Maine Adaptive Sports & Recreation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Adaptive Sports & Recreation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Maine Adaptive Sports & Recreation generated $870.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $844.5k during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE YEAR-ROUND EDUCATION AND TRAINING FOR INDIVIDUALS WITH DISABILIES IN ORDER TO DEVELOP SKILLS, ENHANCE INDEPENDENCE, AND PROVIDE ENJOYMENT THROUGH ACTIVE RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH ADAPTIVE SPORTS ACTIVITIES TO PEOPLE WITH DISABILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Lane Interim Exec Director | 0 | $50,987 | |
Elizabeth Peacock Co-Executive Director | 0 | $30,316 | |
Amy Bannon Co-Executive Director | 0 | $11,423 | |
Kelley Mawdsley Director | Trustee | 10 | $0 |
Tom Butler Director | Trustee | 4 | $0 |
Glenn Kroll Director | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $608,547 |
| Noncash contributions included in lines 1a–1f | $248,193 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $608,547 |
| Total Program Service Revenue | $0 |
| Investment income | $29,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,635 |
| Net Income from Fundraising Events | $169,746 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $870,660 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,278 |
| Compensation of current officers, directors, key employees. | $8,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,807 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,254 |
| Payroll taxes | $17,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,429 |
| Fees for services: Other | $68,837 |
| Advertising and promotion | $12,451 |
| Office expenses | $69,444 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,358 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $322 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,768 |
| Insurance | $30,051 |
| All other expenses | $0 |
| Total functional expenses | $844,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,918 |
| Savings and temporary cash investments | $386,952 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $71,216 |
| Investments—publicly traded securities | $998,590 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,487,676 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $137,925 |
| Total liabilities | $137,925 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,349,751 |
| Total liabilities and net assets/fund balances | $1,487,676 |