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Nonprofiteer
← ADAPTIVE SPIRIT

Form 990 for tax year 2023

Filed by ADAPTIVE SPIRIT.

Totals

Total revenue
$2,030,084
Total expenses
$1,594,036
Contributions and grants received
$48,000
Grants paid
$510,530
Program service revenue
$1,961,216
Investment income
$20,868
Other revenue
$0
Total assets, end of year
$1,088,040
Total liabilities, end of year
$50,147
Net assets or fund balances, end of year
$1,037,893
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,578,543

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $48,000

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Annual Conference

    total $1,941,216 · related or exempt $1,941,216 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Educational Programs

    total $20,000 · related or exempt $20,000 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $20,868 · related or exempt $20,868 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $510,530

  • 11f · Fees: investment management

    total $2,310

  • 11g · Fees: other

    total $6,000

  • 19 · Conferences, conventions and meetings

    total $1,068,013

  • 23 · Insurance

    total $1,887

  • 24a · Other expenses: License & Fees

    total $1,026

  • 24b · Other expenses: Bank Fees

    total $170

  • 24c · Other expenses: Miscellaneous

    total $845

  • 24d · Other expenses: Office Supplies & Software

    total $3,255

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,960 · end of year $69,471

  • 2 · Savings and temporary cash investments

    beginning of year $235,196 · end of year $618,332

  • 3 · Pledges and grants receivable

    beginning of year $0

  • 4 · Accounts receivable

    beginning of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $51,887 · end of year $50,000

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $308,012 · end of year $350,237

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0

  • 15 · Other assets

    beginning of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $947

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $78,700 · end of year $49,200

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $562,355 · end of year $1,037,893

Mission and programs · 2023

Mission

Adaptive Spirit, an industry trade organization, is focused on building business relationships and networking unique to the telecommunications industry. It holds an annual business-building event for members. The annual event includes networking, education and relationship-building activities.

  • The annual conference serves: (1) As an annual membership meeting in which organization business is conducted; (2) To distribute membership directory; (3) Produce industry educational activities to further knowledge levels of the members; (4) Produce business-building activities where members connect with vendors and get best practices.

    Expenses $1,578,543 · Grants $510,530 · Revenue $1,941,216

As filed on the 2023 return.

Listed in Part VII

  • Steve Raymond

    Chairperson

    Total calculated
    $0
    Hours/week
    3

  • Nomi Bergman

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rich DiGeronimo

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brad Parobek

    Director

    Total calculated
    $0
    Hours/week
    1

  • Deborah Flippo

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Pete Wisowaty

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tim Gropp

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ewam de Freitas

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tom Wlodkowski

    Director

    Total calculated
    $0
    Hours/week
    1

  • Doug Moore

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ken Toll

    Legal Advisor

    Total calculated
    $0
    Hours/week
    1

  • Amos Smith

    Treasurer

    Total calculated
    $0
    Hours/week
    3

  • Colleen Langner

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
4 November 2024
IRS schema version
2023v5.0
Source object
202443099349301974

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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