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Nonprofiteer
← ADAPTIVE SPIRIT

Form 990 for tax year 2024

Filed by ADAPTIVE SPIRIT.

Totals

Total revenue
$2,039,788
Total expenses
$2,086,296
Contributions and grants received
$48,000
Grants paid
$1,114,500
Program service revenue
$1,953,691
Investment income
$38,097
Other revenue
$0
Total assets, end of year
$1,034,834
Total liabilities, end of year
$1,735
Net assets or fund balances, end of year
$1,033,099
Program services expenses (Part IX)
$2,072,019
Management and general expenses
$14,277
Fundraising expenses
$0
Program service expenses (Part III)
$2,072,019

Program services were 99.3% 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 $1,933,691 · related or exempt $1,933,691 · 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 $38,097 · related or exempt $38,097 · 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

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

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

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

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

  • 8a · Fundraising events: gross income

    $0

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

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,114,500 · program services $1,114,500

  • 11f · Fees: investment management

    total $2,502 · management and general $2,502

  • 11g · Fees: other

    total $5,979 · management and general $5,979

  • 19 · Conferences, conventions and meetings

    total $957,519 · program services $957,519

  • 23 · Insurance

    total $3,657 · management and general $3,657

  • 24a · Other expenses: License and Fees

    total $1,510 · program services $0 · management and general $1,510 · fundraising $0

  • 24b · Other expenses: Bank Fees

    total $76 · program services $0 · management and general $76 · fundraising $0

  • 24c · Other expenses: Office Supplies & Software

    total $553 · program services $0 · management and general $553 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $69,471 · end of year $36,962

  • 2 · Savings and temporary cash investments

    beginning of year $618,332 · end of year $516,420

  • 9 · Prepaid expenses and deferred charges

    beginning of year $50,000 · end of year $100,961

  • 11 · Investments: publicly traded securities

    beginning of year $350,237 · end of year $380,491

  • 17 · Accounts payable and accrued expenses

    beginning of year $947 · end of year $1,735

  • 19 · Deferred revenue

    beginning of year $49,200

  • 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 $1,037,893 · end of year $1,033,099

Mission and programs · 2024

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 $2,072,019 · Grants $1,114,500 · Revenue $1,933,691

As filed on the 2024 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
    3

  • Brad Parobek

    Director

    Total calculated
    $0
    Hours/week
    1

  • Patty Bullington

    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

  • Jonas Black

    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
2024
Filed
7 November 2025
IRS schema version
2024v5.0
Source object
202513139349300921

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

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