Adapt Cny Inc
- Assets
- $1.3m
- Revenue
- $26.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-4069501
Organization Overview
Adapt Cny Inc is located in Syracuse, NY. The organization was established in 2006. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adapt Cny 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 12/2021, Adapt Cny Inc generated $26.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $5.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT, ENGAGE, AND EMPOWER YOUNG ADULTS IN CENTRAL NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC ART - CREATED SEVERAL PUBLIC ART PROJECTS AND ART SHOWS TO THE BENEFIT OF THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Crawford Treasurer | OfficerTrustee | 1 | $0 |
Tristan Amond Vice President | OfficerTrustee | 1 | $0 |
Eric Ennis President | OfficerTrustee | 1 | $0 |
Sarah Casey Secretary | OfficerTrustee | 1 | $0 |
Andrew Frasier Director | Trustee | 1 | $0 |
Matt Funiciello Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ksp Painting Of Syracuse Ltd Painting | 12/30/14 | $148,750 |
Heritage Masonry Restoration Inc Construction | 12/30/14 | $195,819 |
Wsw Construction Corp Construction | 12/30/14 | $338,103 |
Bon-ton Glass Of Syracuse Construction | 12/30/14 | $204,420 |
Century Heating & Air Conditioning Inc Construction | 12/30/14 | $143,878 |
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 | $26,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Fees for services: Other | $1,340 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $585 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $854 |
| All other expenses | $0 |
| Total functional expenses | $5,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,591 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,203,952 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,253,543 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,253,543 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,253,543 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adapt Cny Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Bloomberg Family Foundation Inc New York, NY PURPOSE: ASPHALT ART INITIATIVE FOR THE CITY OF SYRACUSE, NY | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Codman Square Neighborhood Development Corporation Dorchester, MA | $49,534,179 | $9,221,133 |
New Jersey Community Development Corporation Inc Paterson, NJ | $38,005,348 | $12,337,768 |
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |
Broc-Community Action In Southwestern Vermont Rutland, VT | $4,592,577 | $9,366,618 |
Urban Edge Housing Corp Roxbury, MA | $48,065,772 | $13,249,471 |
Jamaica Plain Neighborhood Development Corporation Jamaica Plain, MA | $42,347,137 | $8,553,419 |
Fifth Avenue Association Business Improvement District Inc New York, NY | $1,371,227 | $6,747,998 |
Fifth Avenue Committee Incorporated Brooklyn, NY | $7,015,493 | $7,933,714 |
Hamden Economic Developmente Corporation Hamden, CT | $3,370,551 | $167,824 |
Warren And Forest Counties Economic Opportunity Council Warren, PA | $10,674,151 | $7,590,481 |
Opportunity Communities Llc Chelsea, MA | $1,253,175 | $6,991,638 |
Just A Start Inc Cambridge, MA | $43,187,600 | $7,410,722 |