ADAPTIVE SPORTS NEW ENGLAND INC (EIN 463900833) - 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

2013

Legal Domicile

Principal Officer

JOSEPH WALSH

Phone

6176909103

Tax Period

2024-01-01 to 2024-12-31

ADAPTIVE SPORTS NEW ENGLAND INC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $279K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.

Mission

INCREASING PARTICIPATION IN SPORTS AMONG NEW ENGLAND YOUTH AND ADULTS WHO HAVE VISUAL OR MOBILITY IMPAIRMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $269,430

Program Service Revenue $608

Investment Income $2,589

Other Revenue $5,984

TOTAL REVENUE $278,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,563

Fundraising Expenses $22,153

Program Expenses $210,517

Other Expenses $156,219

TOTAL EXPENSES $290,782

Year-over-Year Comparison

	2024	2023	Change
Revenue	$278,611	$330,942	-0.2%
Expenses	$290,782	$305,750	0.0%
Net Income	$-12,171	$25,192	-1.5%

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

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

$58,200

Total Directors

$42,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH WALSH	PRESIDENT	40.00	Officer Director	$42,000	$0	$42,000
ANNA JOHANNES	DIRECTOR	2.00	Director	$0	$0	$0
HEIDI STANDISH	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL LOYND	VICE CHAIR/DIRECTOR	2.00	Officer Director	$0	$0	$0
JOHN MARCHIONY	CHAIR/DIRECTOR	2.00	Officer Director	$0	$0	$0
KATE VAREIKA	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG KLEIN	DIRECTOR/TREASURER	2.00	Officer Director	$0	$0	$0
JOSEPH QUINTANILLA	DIRECTOR	2.00	Director	$0	$0	$0
PAUL KENT	DIRECTOR	2.00	Director	$0	$0	$0
OSAYI ERHABOR	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH RIVEL	DIRECTOR	2.00	Director	$0	$0	$0
PHIL MASON	DIRECTOR	2.00	Director	$0	$0	$0
JILL BABCOCK	DIRECTOR	2.00	Director	$0	$0	$0
ANN LEVARN	MANAGER, OUTREACH AND ADMI	10.00	Officer	$16,200	$0	$16,200

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
2024	$278,611	$290,782	$260,208	$-12,171
2023	$330,942	$305,750	$274,900	$25,192
2022	$220,778	$131,263	$246,697	$89,515

ADAPTIVE SPORTS NEW ENGLAND INC