ADAPT COMMUNITY NETWORK INC (EIN 135654532) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

A'Isha Torrence

Phone

2126836700

Tax Period

2023-07-01 to 2024-06-30

ADAPT COMMUNITY NETWORK INC, founded in 1946, is a major nonprofit in the Diseases & Disorders sector that reported $229.8M in total revenue in fiscal year 2023.

Mission

TO CREATE OPPORTUNITIES FOR PEOPLE WITH DISABILITIES TO LEAD INDEPENDENT AND FULFILLING LIVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,982,538

Program Service Revenue $220,687,006

Investment Income $-107,678

Other Revenue $3,217,683

TOTAL REVENUE $229,779,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,019,132

Fundraising Expenses $325,882

Program Expenses $204,134,506

Other Expenses $84,913,220

TOTAL EXPENSES $234,932,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,779,549	$221,722,312	+0.0%
Expenses	$234,932,352	$219,176,845	+0.1%
Net Income	$-5,152,803	$2,545,467	-3.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

2500

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,018,795

Total Directors

Key Employees

$749,427

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD R MATTHEWS	CHIEF EXECUTIVE OFFICER	35.0	Officer	$554,750	$55,700	$610,450
GARY DREYFUSS	SENIOR VP, HR (THRU 12/23)	35.0	Highest	$355,416	$55,791	$411,207
RAJESH SHAH	CHIEF FINANCIAL OFFICER	35.0	Officer	$329,127	$79,218	$408,345
LINDA B LAUL	CHIEF OPERATING OFFICER	35.0	Key Emp	$329,953	$55,699	$385,652
ROBERTA KOENIGSBERG	CHIEF ADMINISTRATIVE OFFICER	35.0	Key Emp	$293,669	$70,106	$363,775
DAHLIAN PORTER	CHIEF PROGRAM OFFICER	35.0	Highest	$259,126	$57,533	$316,659
MARIETTE MCBRIDE	CHIEF QUALITY IMPROVEMENT	35.0	Highest	$239,026	$42,243	$281,269
JAMES E BROWN	CHIEF INFORMATION OFFICER	35.0	Highest	$232,232	$43,390	$275,622
Laura Hickman	svp, marketing & developoment	35.0	Highest	$214,512	$51,964	$266,476
GARY GERESI	PRESIDENT	1.0	Officer Director	$0	$0	$0
JAMES KASE	EXECUTIVE VP	0.5	Officer Director	$0	$0	$0
KELLY E KAMINSKI	VICE PRESIDENT/SECRETARY	0.5	Officer Director	$0	$0	$0
KENNETH R AUERBACH	VICE PRESIDENT/TREASURER	0.5	Officer Director	$0	$0	$0
Gideon Asher	BOARD MEMBER	0.5	Director	$0	$0	$0
Jason Carlough	BOARD MEMBER	0.5	Director	$0	$0	$0
Dan Duggan	BOARD MEMBER	0.5	Director	$0	$0	$0
Houda Foster	BOARD MEMBER	0.5	Director	$0	$0	$0
James Hausman	BOARD MEMBER	0.5	Director	$0	$0	$0
Richard Levy thru 124	BOARD MEMBER	0.5	Director	$0	$0	$0
Thomas Skrobe	Board member	0.5	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$229,779,549	$234,932,352	$382,850,664	$-5,152,803
2023	$221,722,312	$219,176,845	$396,233,441	$2,545,467
2022	$191,462,060	$202,993,267	$395,935,531	$-11,531,207
2021	$185,925,896	$190,135,349	$408,022,024	$-4,209,453
2020	$216,278,095	$213,426,969	$150,785,465	$2,851,126
2019	$184,392,929	$179,206,405	$144,679,247	$5,186,524
2018	$163,186,587	$169,282,305	$140,189,489	$-6,095,718

ADAPT COMMUNITY NETWORK INC