Adaptive Action Sports Inc
- Assets
- $46.4k
- Revenue
- $201.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Frisco, CO
- Founding
- 06/2005
- Data as of
- 12/2023
- EIN
- 65-1245737
Organization Overview
Adaptive Action Sports Inc is located in Frisco, CO. The organization was established in 2005. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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 Action Sports 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 12/2023, Adaptive Action Sports Inc generated $201.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $167.4k during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES ACTION SPORTS TRAINING AND OPPORTUNITIES TO ADAPTIVE ATHLETES, AND TO RECOGNIZE THE ABILITY, POTENTIAL AND ACHIEVEMENTS OF ADAPTIVE ATHLETES TO EXCEL IN SPORTS CONSIDERED TO BE AMONG THE MOST CHALLENGING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, AAS LARGEST SERVICE ACCOMPLISHMENT WAS ITS PROVIDING OF SNOWBOARD TRAINING AND COMPETITION OPPORTUNITIES. AAS SNOWBOARD TEAM MEMBERS, ACCOMPANIED BY THEIR COACHES, PARTICIPATED IN FOUR 2023 INTERNATIONAL IPC/WORLD CUP EVENTS AND ONE NATIONAL COMPETITION. AT-HOME TRAINING CONTINUED AT COPPER MOUNTAIN, CO, FROM JANUARY THROUGH MID-APRIL 2023 TO COMPLETE THE 2022-23 SNOW SEASON. APPROXIMATELY $2,000 WAS EXPENDED IN LATE 2023 FOR ADVANCE BOOKINGS FOR AN EARLY 2024 SNOW-CAT TEAM TRAINING IN MONTANA.
IN 2023, AAS CONTINUED OPERATING AND PROVIDING AN ATHLETE CENTER WHERE AAS TRAINEES AND PARTICIPANTS GATHER BEFORE AND AFTER TRAINING AT AAS COPPER MOUNTAIN, CO, LOCATION. A SUBSTANTIAL PORTION OF THE YEAR WAS SPENT ON RENOVATING, RELOCATING AND EXPANDING THE CENTER WHICH PROVIDES ACCESSIBLE SPACE FOR SAFETY INSTRUCTION, WARM UP/COOL DOWN ACTIVITIES, EQUIPMENT INSPECTION AND MAINTENANCE, SOCIALIZATION AND GENERAL ATHLETE SUPPORT. ADDITIONALLY, THE CENTER HOUSES AND PROVIDES A LOGITECH E-SPORTS TOURNAMENT PROGRAM IN WHICH ADAPTIVE GAMERS CAN COMPETE IN THE WORLD OF E-SPORTS FOR CASH AND PRIZES.
IN 2023, AAS LAID THE FOUNDATION FOR REVITALIZING ITS PREVIOUS SKATEBOARD TRAINING AND COMPETITION ACTIVITIES. APPROXIMATELY HALF OF AAS 2023 SKATEBOARD EXPENDITURES WENT TOWARD A SKATE CAMP TOUR IN WHICH AAS RIDERS TRAVELLED THROUGHOUT COLORADO WITH COACHES RECOGNIZED BY SKATE ENTHUSIASTS FOR THEIR ELITE RIDING SKILLS. THE PURPOSE OF THE TOUR WAS TO LAY A FOUNDATION FOR RECOGNIZING THE ABILITIES AND POTENTIAL OF ADAPTIVE RIDERS WITH THE GOAL OF INCORPORATING THEM INTO NATIONAL AND INTERNATIONAL SKATEBOARD EVENTS, WHICH TO DATE HAVE BEEN GENERALLY LIMITED TO ABLE-BODIED ATHLETES.
OTHER PROGRAM SERVICE EXPENSES INCLUDE OPERATIONAL COSTS IN THE FORM OF INSURANCE, LOCAL TRANSPORTATION AND SUPPLIES, AS WELL AS PROGRAM OUTREACH, PLANNING AND EVALUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Gale Executive Director | OfficerTrustee | 20 | $22,296 |
Cactus Moser Board Member | Trustee | 2 | $0 |
Z Griffen Board Member | Trustee | 2 | $0 |
Chris Waker Board Member | Trustee | 2 | $0 |
Shane Wright Board Member | Trustee | 2 | $0 |
Bryant Boucher Board Member | Trustee | 2 | $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 | $174,998 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,998 |
| Total Program Service Revenue | $25,315 |
| Investment income | $39 |
| 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 | $201,082 |
| 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. | $22,296 |
| Compensation of current officers, directors, key employees. | $11,148 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,698 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,263 |
| Advertising and promotion | $1,255 |
| Office expenses | $7,927 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,300 |
| Travel | $49,075 |
| 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 | $9,305 |
| All other expenses | $0 |
| Total functional expenses | $167,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,440 |
| 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 | $46,440 |
| 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 | $8,342 |
| Total liabilities | $8,342 |
| Net assets without donor restrictions | $38,098 |
| 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 | $46,440 |