Adapta
- Assets
- $3.8m
- Revenue
- $2.7m
- Investments
- $64.8k
- Employees
- 69
- Location
- Rochester, MN
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 41-1863432
Organization Overview
Adapta is located in Rochester, MN. The organization was established in 1997. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Adapta employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adapta 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, Adapta generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 15.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADAPTA PROMOTES THE PHYSICAL, EMOTIONAL AND SPIRITUAL WELL-BEING OF INDIVIDUALS WITH BRAIN INJURIES, MENTAL HEALTH CONDITIONS, AND SUBSTANCE USE DISORDERS, IN ADDTION TO A VARIETY OF HEALTH CONCERNS.
Describe the Organization's Program Activity:
TO PROVIDE HOUSING AND SUPPORT SERVICES FOR 14-18 ADULTS WITH BRAIN INJURIES, MENTAL HEALTH CONDITIONS AND/OR SUBSTANCE USE DISORDERS, IN ADDITION TO A VARIETY OF HEALTH CONCERNS. ACTIVITIES FOCUS ON COMMUNITY INTEGRATION, SKILLS BUILDING, AND OVERALL WELLNESS. WE WORK COLLABORATIVELY WITH SOCIAL AND MEDICAL SERVICES TO PROVIDE PERSON-CENTERED CARE FOR INDIVIDUALS WE SUPPORT. WE STRIVE TO SUPPORT BRAIN INJURY AND MENTAL HEALTH AWARENESS AND PREVENTION THROUGHOUT THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kasi Haglund Executive Director | Officer | 40 | $93,607 |
Lee Kulas Treasurer | OfficerTrustee | 2 | $0 |
Chad Hodge Director | OfficerTrustee | 2 | $0 |
Bethany Christensen-Kunz Secretary | OfficerTrustee | 2 | $0 |
Frank Brekke Vice President | OfficerTrustee | 2 | $0 |
Corey Kanz President | Trustee | 1 | $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 | $10,366 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,366 |
| Total Program Service Revenue | $2,753,289 |
| Investment income | $147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$16,006 |
| 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 | $2,747,796 |
| 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. | $96,382 |
| Compensation of current officers, directors, key employees. | $38,553 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,463,355 |
| Pension plan accruals and contributions | $22,706 |
| Other employee benefits | $89,257 |
| Payroll taxes | $158,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,271 |
| Office expenses | $38,090 |
| Information technology | $5,827 |
| Royalties | $0 |
| Occupancy | $58,936 |
| Travel | $811 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,123 |
| Interest | $57,960 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,842 |
| Insurance | $71,123 |
| All other expenses | $77,464 |
| Total functional expenses | $2,561,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,334,759 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $256,910 |
| 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 | $5,750 |
| Net Land, buildings, and equipment | $2,129,040 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $64,792 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,791,251 |
| Accounts payable and accrued expenses | $180,500 |
| 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 | $1,477,816 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,658,316 |
| Net assets without donor restrictions | $2,132,935 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,791,251 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adapta has recieved totaling $5,660.
| Awarding Organization | Amount |
|---|---|
Rochester Area Foundation Rochester, MN PURPOSE: PROGRAM SUPPORT | $5,660 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals Goodwill Nd Inc Mandan, ND | $23,180,741 | $16,751,382 |
Polinsky Medical Rehabilitation Center Duluth, MN | $14,309,459 | $11,135,682 |
Easter Seal Society Of Iowa Inc Des Moines, IA | $17,196,874 | $13,866,049 |
Childserve Therapy Inc Johnston, IA | $4,685,034 | $11,686,257 |
Society For Immunotherapy Of Cancer Inc Milwaukee, WI | $21,926,685 | $14,185,558 |
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |
Versiti Blood Research Institute Foundation Inc Milwaukee, WI | $111,661,539 | $23,540,947 |
Penfield Childrens Center Milwaukee, WI | $6,491,693 | $8,793,397 |
Rcs Empowers Inc Sheboygan, WI | $23,165,945 | $7,747,262 |
Eden Rehabilitation Suites And Green House Homes Inc Oshkosh, WI | $8,070,455 | $4,689,329 |
Lakeside Curative Services Inc Racine, WI | $6,268,047 | $4,983,310 |
Easter Seals Southeast Wisconsin Inc West Allis, WI | $9,593,830 | $5,903,311 |