Civic Intelligence

Aerospace & Defense Diversification Alliance in Peacetime Transition

990EZ • Fiscal year 2021 • EIN 11-3164672

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 17, 2022

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

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.02x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

30%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

-2.9%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$30,716

Up $7,020 (+30%) from 2020

Net Assets

Up

$30,291

Up $9,544 (+46%) from 2020

Liabilities

Down

$425

Down $2,524 (-86%) from 2020

Revenue

Down

$25,203

Down $749 (-2.9%) from 2020

Expenses

Down

$15,659

Down $6,375 (-29%) from 2020

Net Income

Up

$9,544

Up $5,626 (+144%) from 2020

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

2021

Assets$30,716
Liabilities$425
Net Assets$30,291

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

2021

Revenue$25,203
Expenses$15,659
Net Income$9,544
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 17, 2022
Return Version
2021v4.0
Gross Receipts
$25,203
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 ViolanoTreasurer-$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
2022-10-17
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 $1252

Other Expenses.1

Website maintenance $5100

Other Expenses.2

COMPUTER $2256

Other Expenses.3

CONSULTING $1500

Other Expenses.4

BOOKKEEPING $1350

Other Expenses.5

MERCHANT FEES $728

Other Expenses.6

GIFTS $339

Other Expenses.7

OFFICE SUPPLIES $34

Other Assets.1005

Accounts Receivable - Beginning $3550 Accounts Receivable - Ending $2100

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $1500

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2949 Accounts Payable and Accrued Expenses - Ending $425

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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/TaxPeriodBeginDt02021-01-01
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ReturnHeader/TaxYr02021

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Filings