THE ADAPTABLES INC (EIN 561811580) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

ADRIAN BOONE

Phone

3367677060

Tax Period

2023-01-01 to 2023-12-31

THE ADAPTABLES INC, founded in 1993, is a small nonprofit in the Human Services sector that reported $750K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO EDUCATE AND SERVE THE DISABLED. TO PROMOTE, EDUCATE AND ENABLE INDIVIDUALS WITH DISABILITIES TO LIVE MORE INDEPENDENTLY WITHIN THE COMMUNITY AND HOME THROUGH THE NETWORK OF PROGRAMS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $749,872

Program Service Revenue $0

Investment Income $240

Other Revenue $0

TOTAL REVENUE $750,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $388,173

Fundraising Expenses $0

Program Expenses $505,174

Other Expenses $365,818

TOTAL EXPENSES $753,991

Year-over-Year Comparison

	2023	2022	Change
Revenue	$750,112	$680,512	+0.1%
Expenses	$753,991	$675,577	+0.1%
Net Income	$-3,879	$4,935	-1.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$75,005

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK STEELE	EXECUTIVE DI	40.00	Officer	$75,005	$0	$75,005
D'MARLO BRANON	BOARD CHAIR	1.00	Director	$0	$0	$0
JESSICA BRUNO	ASSISTANT CH	1.00	Director	$0	$0	$0
CHRIS FLYNT	BOARD TREASU	1.00	Director	$0	$0	$0
BETH BOWMAN	BOARD SECRET	1.00	Director	$0	$0	$0
DAVID OWEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JO ANN COCO-RIPP	BOARD MEMBER	1.00	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
2023	$750,112	$753,991	$68,506	$-3,879
2022	$680,512	$675,577	$76,792	$4,935
2021	$541,103	$570,619	$75,235	$-29,516
2020	$401,100	$398,522	$102,734	$2,578
2019	$392,021	$352,123	$103,794	$39,898
2018	$336,110	$321,952	$58,896	$14,158

THE ADAPTABLES INC