Adaptiv Inc

Organization Overview

Adaptiv Inc is located in Beverly, MA. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Adaptiv Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptiv 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 06/2022, Adaptiv Inc generated $462.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $388.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ADAPTIV PROVIDES PLANNING AND ARCHITECTURE SERVICES TO EMERGING COMMUNITIES ACROSS THE GLOBE. OUR SERVICES EMPLOY A COMMUNITY CENTRIC, COLLABORATIVE METHODOLOGY OF RESEARCH AND DESIGN THINKING TO PROBLEM SOLVE AND DEVELOP RESILIENT SOLUTIONS THAT ADAPT TO THE EVER CHANGING NEEDS OF THE COMMUNITIES WE SERVE. WE WILL CONSTANTLY BUILD, MEASURE, AND LEARN FROM PAST EXPERIENCES AND PROJECTS TO PUSH CONSTANT INNOVATION IN ORDER TO PRODUCE THE EFFICIENCY OF OUR FINAL PRODUCT. ADAPTIV'S MODEL ENCOURAGES COLLABORATION AND STRATEGIC PARTNERSHIPS WITH SIMILAR MINDED ENTITIES AND COMMUNITY STAKEHOLDERS TO LEVERAGE SKILL SETS AND OPTIMIZE OUR REACH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLANNING AND ARCHITECTURE SERVICES TO EMERGING COMMUNITIES ACROSS THE GLOBE


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Board, Officers & Key Employees

Name (title)Compensation
Abby Gordon
Director Of Design
$89,154
Robert Freni
Managing Director
$89,154

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $15,598
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$15,598
Total Program Service Revenue$446,370
Investment income $55
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 $462,023

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