The American Adventure Service Corp

EIN: 562024733 501(c)(3) Recreation & Sports

Asheville, NC

Total Revenue
$335,822
Total Expenses
$313,171
Total Assets
$174,257
Net Assets
$112,634
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NC
Tax Period
2023-07-01 to 2024-06-30

The American Adventure Service Corp, founded in 1996, is a small nonprofit in the Recreation & Sports sector that reported $336K in total revenue in fiscal year 2023. Expenses of $313K left a modest 7% surplus.

Mission

We believe every young person has the potential to become a compassionate and transformational community leader. Through adventure education, service learning and quality instruction, we strive to develop an individuals strong sense of self, community and an adventurous spirit.

Program Service Accomplishments

Program 1
Expenses: $280,653

TAASC is a year-round program dedicated to inspiring young people to become compassionate leaders, stewards of the environment and responsible community members. TAASC is a co-ed nondiscriminatory...

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TAASC is a year-round program dedicated to inspiring young people to become compassionate leaders, stewards of the environment and responsible community members. TAASC is a co-ed nondiscriminatory youth service program designed to develop environmental awareness through outdoor excursions while nurturing compassion to Mother Earth and her inhabitants. TAASC participates in river clean-up days and trail maintenance.

Program 2

We have over 150 members, 10 of whom received financial assistance through reduced fees or full assistance. We held 144 weekly meetings though out the year; and ran 40 weekend trips and 6 summer...

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We have over 150 members, 10 of whom received financial assistance through reduced fees or full assistance. We held 144 weekly meetings though out the year; and ran 40 weekend trips and 6 summer expeditions 5-10 days long.

Program 3

We held 6 Service Projects through out the year. They included: Evergreen Charter School maintenance; RiverLink collaboration cleaning up Azalea Park along the Swannanoa River; Asheville Greenworks...

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We held 6 Service Projects through out the year. They included: Evergreen Charter School maintenance; RiverLink collaboration cleaning up Azalea Park along the Swannanoa River; Asheville Greenworks collaboration cleaning up Carrier Park; Foothills Conservancy partnership trail work; Wildwouth collaboration cleaning up areas around Linville Gorge; Table Rock road clanup is our annaul project to keep that road in good condition by removing leaves and dirt from the culverts; Our students also made over 40 blankets for Project Linus, which go to children in need at hospitals and police stations.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $323,074
Program Service Revenue $12,575
Investment Income $20
Other Revenue $153
TOTAL REVENUE $335,822

Expense Breakdown

Grants Paid $7,471
Salaries & Benefits $219,266
Fundraising Expenses $0
Program Expenses $280,653
Other Expenses $86,434
TOTAL EXPENSES $313,171

Year-over-Year Comparison

2023 2022 Change
Revenue $335,822 $334,701 +0.0%
Expenses $313,171 $371,609 -0.2%
Net Income $22,651 $-36,908 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
25
Volunteers
8

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lamara Parnell Board Member 0.00
Director
$0 $0 $0
Noah Green Board Member 5.00
Director
$0 $0 $0
Catherine Gamewell Board Member 1.00
Director
$0 $0 $0
Ryan Richardson Board Member 1.00
Director
$0 $0 $0
Rachael Gage Chair 5.00
Officer Director
$0 $0 $0
Zachary Lesch-Huie Secretary 1.00
Officer Director
$0 $0 $0
Mike Fischesser Founder Executive Director 10.00
Officer
$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 $335,822 $313,171 $174,257 $22,651
2023 $334,701 $371,609 $155,195 $-36,908
2022 $308,109 $285,744 $195,482 $22,365
2021 $516,271 $385,751 $170,161 $130,520
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