Adaptive Sports New England Inc
- Assets
- $246.7k
- Revenue
- $220.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Boston, MA
- Founding
- 03/2014
- Data as of
- 12/2022
- EIN
- 46-3900833
Organization Overview
Adaptive Sports New England Inc is located in Boston, MA. The organization was established in 2014. According to its NTEE Classification (N72) the organization is classified as: Special Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Adaptive Sports New England Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptive Sports New England 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 12/2022, Adaptive Sports New England Inc generated $220.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $131.3k during the year ending 12/2022. While expenses have increased by 9.5% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASING PARTICIPATION IN SPORTS AMONG NEW ENGLAND YOUTH AND YOUNG ADULTS WHO HAVE VISUAL OR MOBILITY IMPAIRMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASNE SPORTS CLUB - A SERIES OF SPORT PROGRAMS DESIGNED SPECIFICALLY FOR YOUTH AND YOUNG ADULTS WHO HAVE A VISUAL OR MOBILITY IMPAIRMENT. WE SERVED APPROXIMATELY 100 PEOPLE THROUGH THIS PROGRAM IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Walsh President | OfficerTrustee | 40 | $24,000 |
Anna Johannes Director | Trustee | 2 | $0 |
David Crandell Director | Trustee | 2 | $0 |
Mary Mccagg Director | Trustee | 2 | $0 |
Heidi Standish Director | Trustee | 2 | $0 |
Michael Loynd Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $74,488 |
| Related organizations | $0 |
| Government grants | $5,456 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,292 |
| Total Program Service Revenue | $7,484 |
| Investment income | $2 |
| 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 | $220,778 |
| 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. | $24,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,999 |
| 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 | $2,911 |
| Advertising and promotion | $42 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,800 |
| Travel | $5,518 |
| 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 | $5,157 |
| All other expenses | $3,040 |
| Total functional expenses | $131,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,697 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $246,697 |
| Accounts payable and accrued expenses | $1,173 |
| 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 | $1,173 |
| Net assets without donor restrictions | $241,530 |
| Net assets with donor restrictions | $3,994 |
| 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 | $246,697 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics New York Inc Albany, NY | $8,276,390 | $10,681,166 |
Special Olympics Massachusetts Inc Marlborough, MA | $18,196,669 | $5,614,307 |
Special Olympics Connecticut Inc Hamden, CT | $11,805,113 | $5,296,107 |
Special Olympics New Hampshire Inc Concord, NH | $2,539,807 | $1,862,031 |
Special Olympics Rhode Island Inc Smithfield, RI | $5,408,399 | $1,970,073 |
Special Olympics Vermont South Burlington, VT | $2,705,796 | $1,188,179 |
Boston Bruins Alumni Association Boston, MA | $191,588 | $209,826 |
American Amputee Soccer Association Stony Brook, NY | $132,166 | $0 |
Adaptive Sports New England Inc Boston, MA | $246,697 | $220,778 |
Kisoro Childrens Foundation Inc Cambridge, MA | $156,796 | $0 |
Aaron Zenus Foundation Hopedale, MA | $137,374 | $0 |
Be The Best Sport Inc Port Washington, NY | $26,770 | $0 |
Great Blizzards Of Massachusetts Plymouth, MA | $27,537 | $0 |
Wheelchair Sports Federation Inc Middle Village, NY | $45,864 | $0 |