Adaptive Works Inc
- Assets
- $15.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franksville, WI
- Founding
- 05/2018
- Data as of
- 12/2021
- EIN
- 82-2804844
Organization Overview
Adaptive Works Inc is located in Franksville, WI. The organization was established in 2018. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptive Works 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 Works Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $10.5k during the year ending 12/2021. 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
ORGANIZATION REVENUE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Gruenberg President | 10 | $0 | |
Wendy Gruenberg Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,685 |
| Total Program Service Revenue | $2,309 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,994 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $3,259 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,282 |
| Total expenses | $10,541 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,754 |
| Other assets | $0 |
| Total assets | $15,496 |
| Total liabilities | $12,556 |
| Net assets or fund balances | $2,940 |
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