Adaptors Inc
- Assets
- $7.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Barryville, NY
- Founding
- 11/1987
- Data as of
- 06/2023
- EIN
- 11-2678604
Organization Overview
Adaptors Inc is located in Barryville, NY. The organization was established in 1987. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Adaptors Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptors Inc 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, Adaptors Inc generated $64.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $53.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE 0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Kiser Vice Chair | 2 | $0 | |
Beth Brooks Secretary | 2 | $0 | |
Kari Margolis Board Chair | 50 | $0 | |
Tony Brown Treasurer | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $61,355 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1 |
| Total Revenue | $64,356 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,401 |
| Professional fees and other payments to independent contractors | $5,452 |
| Occupancy, rent, utilities, and maintenance | $13,768 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,511 |
| Total expenses | $53,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,382 |
| Other assets | $0 |
| Total assets | $7,382 |
| Total liabilities | $40,947 |
| Net assets or fund balances | -$33,565 |