Adapt Ability Inc is located in Pine Island, 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 08/2023, Adapt Ability Inc generated $100.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $104.3k during the year ending 08/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO GRANT CHILDREN WITH PHYSICAL LIMITATIONS (DISABILITIES)THE CHANCE TO RIDE A CUSTOM BUILT BYCYCLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Alfonzo President | 40 | $8,000 | |
Juan D Fernandez Treasurer | 20 | $0 | |
Ian E Gonzalez Secretary | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $100,050 |
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 | $100,051 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,270 |
Professional fees and other payments to independent contractors | $4,750 |
Occupancy, rent, utilities, and maintenance | $27,573 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $59,725 |
Total expenses | $104,318 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $434 |
Other assets | $0 |
Total assets | $3,784 |
Total liabilities | $418 |
Net assets or fund balances | $3,366 |