Civic Intelligence

Aerospace & Defense Diversification Alliance in Peacetime Transition

990EZ • Fiscal year 2020 • EIN 11-3164672

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

One Davis AvenueGarden City, NY 11530

(631) 388-0169

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.12x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.11x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

13th percentile

-63%

Faster revenue growth than 13% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$23,696

Up $3,044 (+15%) from 2019

Net Assets

Up

$20,747

Up $3,918 (+23%) from 2019

Liabilities

Down

$2,949

Down $874 (-23%) from 2019

Revenue

Down

$25,952

Down $43,583 (-63%) from 2019

Expenses

Down

$22,034

Down $36,464 (-62%) from 2019

Net Income

Down

$3,918

Down $7,119 (-65%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2011: $11,841Liabilities 2011: $02011Assets 2014: $23,688Liabilities 2014: $25,545Net Assets 2014: -$1,8572014Assets 2015: $1,621Liabilities 2015: $02015Assets 2016: $400Liabilities 2016: $02016Assets 2018: $9,233Liabilities 2018: $3,4412018Assets 2019: $20,652Liabilities 2019: $3,823Net Assets 2019: $16,8292019Assets 2020: $23,696Liabilities 2020: $2,949Net Assets 2020: $20,7472020Assets 2021: $30,716Liabilities 2021: $425Net Assets 2021: $30,2912021Assets 2022: $49,122Liabilities 2022: $855Net Assets 2022: $48,2672022Assets 2023: $88,084Liabilities 2023: $20,413Net Assets 2023: $67,6712023Assets 2024: $80,178Liabilities 2024: $0Net Assets 2024: $80,1782024

Highlighted filing

2020

Assets$23,696
Liabilities$2,949
Net Assets$20,747

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $17,700Expenses 2011: $14,781Net Income 2011: $2,9192011Revenue 2014: $46,038Expenses 2014: $52,979Net Income 2014: -$6,9412014Revenue 2015: $105,336Expenses 2015: $127,402Net Income 2015: -$22,0662015Revenue 2016: $53,611Expenses 2016: $54,833Net Income 2016: -$1,2222016Revenue 2018: $44,525Expenses 2018: $42,100Net Income 2018: $2,4252018Revenue 2019: $69,535Expenses 2019: $58,498Net Income 2019: $11,0372019Revenue 2020: $25,952Expenses 2020: $22,034Net Income 2020: $3,9182020Revenue 2021: $25,203Expenses 2021: $15,659Net Income 2021: $9,5442021Revenue 2022: $54,444Expenses 2022: $36,468Net Income 2022: $17,9762022Revenue 2023: $91,501Expenses 2023: $72,097Net Income 2023: $19,4042023Revenue 2024: $100,946Expenses 2024: $88,439Net Income 2024: $12,5072024

Highlighted filing

2020

Revenue$25,952
Expenses$22,034
Net Income$3,918
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$25,952
Mission and Program Overview

Mission

Addapt is a trade organization that helps Aerospace and Defense businesses prosper in changing times.

Program Services

DescriptionGrantsExpenses
ADDAPT was formed in 1991 as a response to significant reductions in defense spending by the Federal Government. It was originally organized as an alliance of technology based aerospace and defense companies located throughout the state of New York. The mission was to promote the interests of New York companies adversely affected by the resulting consolidations among Prime contractors and the corresponding downsizing throughout the aerospace and defense industry.In 2017, the ADDAPT Board of Directors expanded the organizations mission, emphasizing the use of prevailing digital marketing and sales practices to help our members grow their businesses.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT BOTTICELLIChairman-$0--
Michael Violano CPATreasurer-$0--
Gary SettoducatoDirector-$0--
Marc MacDonnellDirector-$0--
Joseph SpinosaDirector-$0--
George LikourezosDirector-$0--
Lou MelluzzoDirector-$0--
Andy PartonDirector-$0--
John SpiezioDirector-$0--
Zuhal CevikDirector-$0--
Filing and Contact Details

Filer

Filer Name
Aerospace & Defense Diversification in
EIN
11-3164672
Phone
6313880169
Address
ONE DAVIS AVENUE, GARDEN CITY, NY 11530

Signing Officer

Name
Robert Botticelli
Title
Chairman
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Kenneth J Zweibel CPA PC
Address
6 Stonehenge Lane, East Northport, NY 11731
Preparer
Kenneth J Zweibel CPA
Phone
6313685800
Supplemental Narrative

Additional Explanations

Other Expenses.1012

Insurance $1312

Other Expenses.1

CONSULTING $9000

Other Expenses.2

Website maintenance $3400

Other Expenses.3

COMPUTER $2531

Other Expenses.4

OUTSIDE SERVICES $2475

Other Expenses.5

BOOKKEEPING $1800

Other Expenses.6

MERCHANT FEES $609

Other Expenses.7

CONTRIBUTIONS $400

Other Expenses.8

GIFTS $382

Other Assets.1005

Accounts Receivable - Beginning $13600 Accounts Receivable - Ending $3550

Other Assets.1006

Pledges and Grants Receivable - Beginning $1559 Pledges and Grants Receivable - Ending $0

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3823 Accounts Payable and Accrued Expenses - Ending $2949

Raw XML Appendix158 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/TaxPeriodBeginDt02020-01-01
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ReturnHeader/TaxYr02020

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Filings