Adapt Ability Inc
- Assets
- $7.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 06/2018
- Data as of
- 08/2022
- EIN
- 82-2916736
Organization Overview
Adapt Ability Inc is located in Brooklyn, NY. The organization was established in 2018. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adapt Ability 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 08/2022, Adapt Ability Inc generated $118.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $116.0k during the year ending 08/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO GRANT CHILDREN WITH PHYSICAL LIMITATIONS (DISABILITIES)THE CHANCE TO RIDE A CUSTOM BUILT BYCYCLE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Alfonzo President | 40 | $8,000 | |
Juan D Fernandez Treasurer | 20 | $0 | |
Ian E Gonzalez Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,950 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,951 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,216 |
| Professional fees and other payments to independent contractors | $4,165 |
| Occupancy, rent, utilities, and maintenance | $40,815 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,827 |
| Total expenses | $116,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,633 |
| Other assets | $0 |
| Total assets | $7,633 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,633 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adapt Ability Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Christopher Reeve Foundation A New Jersey Nonprofit Corporation Short Hills, NJ PURPOSE: ADAPTIVE SPORTS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharp Charitable Tr Newton, MA | $8,222,395 | $1,860,011 |
Sheetz Family Charities Inc Altoona, PA | $8,145,405 | $4,240,002 |
Ryans Case For Smiles Wayne, PA | $1,412,033 | $1,300,303 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Balakian Family Foundation Tenafly, NJ | $0 | -$1,634 |
Joyce Hergenhan Private Foundation Fairfield, CT | $4,037,389 | $229,293 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |