SUMMIT ADAPTIVE SPORTS INC (EIN 883377429) - 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

2022

Legal Domicile

Principal Officer

Karen Cook

Phone

8604169360

Tax Period

2024-07-01 to 2025-06-30

SUMMIT ADAPTIVE SPORTS INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $166K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $152K left a modest 8% surplus.

Mission

The organization's mission is to foster a healthy lifestyle through outdoor sports for individuals with disabilities in a fun, accessible, and inclusive environment.

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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 $119,149

Program Service Revenue $44,626

Investment Income $1,870

Other Revenue $0

TOTAL REVENUE $165,645

Expense Breakdown

Grants Paid $7,305

Salaries & Benefits $68,238

Fundraising Expenses $25,352

Program Expenses $101,516

Other Expenses $71,293

TOTAL EXPENSES $152,035

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,645	$199,475	-0.2%
Expenses	$152,035	$104,738	+0.5%
Net Income	$13,610	$94,737	-0.9%

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

$35,000

Total Directors

Key Employees

$25,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Karen Cook	President, Executive Director	40	Officer Highest	$35,000	$0	$35,000
Susan Murphy	Program Coordinator	40	Key Emp	$25,000	$0	$25,000
Rachel Baugher	Treasurer	8	Director	$0	$0	$0
Shelly Gambino	Vice President, Lead Trainer	4.00	Director	$0	$0	$0
Scott Roderick	Vice President, Lead Snowboard Coach	4	Director	$0	$0	$0
Lisa Stefano	Boardmember	1	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	$165,645	$152,035	$241,586	$13,610
2024	$199,475	$104,738	$223,722	$94,737

SUMMIT ADAPTIVE SPORTS INC