Adaptive Aquatics Inc
- Assets
- $426.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilsonville, AL
- Founding
- 03/1996
- Data as of
- 12/2021
- EIN
- 63-1150701
Organization Overview
Adaptive Aquatics Inc is located in Wilsonville, AL. The organization was established in 1996. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptive Aquatics 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, Adaptive Aquatics Inc generated $116.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $102.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TEACHING ADAPTIVE WATER-SPORTS TO PERSONS WITH PHYSICAL DISABILITIES. DURING 2021 OVER 100 INDIVIDUALS BENEFITED FROM THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph A Ray Officer | 50 | $0 | |
Nathan Marcus Director | 5 | $0 | |
Carrie Doescher Trustee | 2 | $0 | |
Neal Allen Trustee | 2 | $0 | |
David Estreicher Trustee | 2 | $0 | |
Charles Law Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,860 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $134 |
| Gain or Loss | $4,000 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,175 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $590 |
| Occupancy, rent, utilities, and maintenance | $20,982 |
| Printing, publications, postage, and shipping | $2,090 |
| Other expenses | $79,084 |
| Total expenses | $102,746 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,320 |
| Other assets | $0 |
| Total assets | $425,956 |
| Total liabilities | $320 |
| Net assets or fund balances | $425,636 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Adaptive Aquatics Inc has recieved totaling $7,246.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $6,559 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Valley Conference Brentwood, TN | $13,074,927 | $12,736,519 |
Tangerine Sports Association Inc Orlando, FL | $1,917,378 | $8,656,869 |
United States Sports Academy Inc Daphne, AL | $22,110,276 | $4,746,949 |
575 Sports & Wellness Inc Canton, GA | $1,007,139 | $1,841,153 |
Central Florida Official Association Inc Winter Garden, FL | $130,665 | $1,202,984 |
Peach Belt Athetic Conference Inc Martinez, GA | $774,998 | $880,002 |
Mobile Sports Authority Inc Mobile, AL | $530,471 | $696,034 |
Dragonfly Capacity Development Memphis, TN | $61,424 | $488,463 |
Oak Ridge Rowing Assocation Inc Oak Ridge, TN | $218,181 | $558,484 |
Usa South Athletic Conference Inc Rome, GA | $292,046 | $569,479 |
Cougar Athletic Club Inc Franklin, TN | $210,173 | $503,441 |
Presbyterian Villas Of Port Charlotte Inc Port Charlotte, FL | $757,898 | $440,980 |