Civic Intelligence

The Adirondack Carousel Inc

990EZ • Fiscal year 2023 • EIN 14-1829187

Nov 01, 2022 to Oct 31, 2023 • Filed on Mar 09, 2024

P O Box 1059 2 Depot StSaranac Lake, NY 12983-1059

(818) 891-9521

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • Source year 2023

Net Margin

72nd percentile

25%

Higher net margin than 72% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • NTEE A20 • <$500k nonprofits • Source year 2023

Asset Growth

75th percentile

44%

Faster asset growth than 75% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

63%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • NTEE A20 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$63,871

Up $19,380 (+44%) from 2022

Net Assets

Up

$62,749

Up $19,631 (+46%) from 2022

Liabilities

Down

$1,122

Down $251 (-18%) from 2022

Revenue

Up

$79,786

Up $30,756 (+63%) from 2022

Expenses

Down

$60,155

Down $69,179 (-53%) from 2022

Net Income

Up

$19,631

Up $99,935 (+124%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $885,449Liabilities 2011: $224,428Net Assets 2011: $661,0212011Assets 2012: $1,412,237Liabilities 2012: $10,215Net Assets 2012: $1,402,0222012Assets 2013: $561,931Liabilities 2013: $695Net Assets 2013: $561,2362013Assets 2014: $510,906Liabilities 2014: $702Net Assets 2014: $510,2042014Assets 2015: $442,953Liabilities 2015: $867Net Assets 2015: $442,0862015Assets 2016: $394,828Liabilities 2016: $1,450Net Assets 2016: $393,3782016Assets 2017: $329,551Liabilities 2017: $3,105Net Assets 2017: $326,4462017Assets 2018: $270,972Liabilities 2018: $2,203Net Assets 2018: $268,7692018Assets 2019: $216,565Liabilities 2019: $2,107Net Assets 2019: $214,4582019Assets 2020: $172,396Liabilities 2020: $13,001Net Assets 2020: $159,3952020Assets 2021: $125,436Liabilities 2021: $13,599Net Assets 2021: $111,8372021Assets 2022: $44,491Liabilities 2022: $1,373Net Assets 2022: $43,1182022Assets 2023: $63,871Liabilities 2023: $1,122Net Assets 2023: $62,7492023Assets 2024: $114,998Liabilities 2024: $0Net Assets 2024: $114,9982024

Highlighted filing

2023

Assets$63,871
Liabilities$1,122
Net Assets$62,749

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $158,294Expenses 2011: $18,207Net Income 2011: $140,0872011Expenses 2012: $92,9152012Expenses 2013: $179,0642013Revenue 2014: $95,890Expenses 2014: $146,922Net Income 2014: -$51,0322014Revenue 2015: $79,363Expenses 2015: $147,481Net Income 2015: -$68,1182015Revenue 2016: $92,468Expenses 2016: $141,176Net Income 2016: -$48,7082016Revenue 2017: $77,703Expenses 2017: $144,635Net Income 2017: -$66,9322017Revenue 2018: $94,327Expenses 2018: $152,004Net Income 2018: -$57,6772018Revenue 2019: $109,256Expenses 2019: $163,566Net Income 2019: -$54,3102019Revenue 2020: $74,790Expenses 2020: $129,853Net Income 2020: -$55,0632020Revenue 2021: $75,404Expenses 2021: $135,348Net Income 2021: -$59,9442021Revenue 2022: $49,030Expenses 2022: $129,334Net Income 2022: -$80,3042022Revenue 2023: $79,786Expenses 2023: $60,155Net Income 2023: $19,6312023Revenue 2024: $112,951Expenses 2024: $61,004Net Income 2024: $51,9472024

Highlighted filing

2023

Revenue$79,786
Expenses$60,155
Net Income$19,631
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Mar 9, 2024
Return Version
2022v5.0
Gross Receipts
$87,034
Mission and Program Overview

Mission

To provide the Adirondack community and its vistors with a unigue attraction celebrating old fashioned fun for all ages through entertainment, art, and education.

To build and maintain a full-sized handcrafted carousel housed in a year-round pavilion with space for programs and special events. In June 2011 ground was broken for the building; and carousel operations began May 26 2012. To date there have been over 125,000 riders. Other events that have taken part of the organization's mission are Adirondack wildlife programs carving classes health and wellness presentations children's book readings and a puppetry program and workshop.

Program Services

DescriptionGrantsExpenses
Operating the Carousel and hold events with staffing and volunteer support$0$19,697
Providing a safe and clean environments for visitors by properly maintaining the Carousel and building$0$11,465
Depreciation of the Carousel and other assets$0$8,382
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin RowleyPresidentPT$0--
Alan BrownTreasurer-$0--
Michele PecoraSecretaryPT$0--
Diane LoeberBoard MemberPT$0--
Karen RussellBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Adirondack Carousel Inc
EIN
14-1829187
In Care Of
% Martin Rowley
Address
P O BOX 1059 2 DEPOT ST, Saranac Lake, NY 12983-1059

Signing Officer

Name
Michele Pecora
Title
Secretary
Signed
2024-03-09
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| Communications and website, $2805.00| Credit Card Processing, $817.00| Event and Play Area Expenses, $218.00| Fundraising Letters, $1272.00| Insurance, $5770.00| Memberships Subscriptions and Fees, $1306.00| Office Expense, $3614.00| Advertising and Promotions, $688.00| Accounting, $4770.00|

Part II, line 24

| Asset Name:, BOY Amount:, EOY Amount:| Inventory, $5323, $7251| Prepaid Expenses, $1484, 0|

Part II, line 26

| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $1373, $1122|

Raw XML Appendix227 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Communications and website, $2805.00| Credit Card Processing, $817.00| Event and Play Area Expenses, $218.00| Fundraising Letters, $1272.00| Insurance, $5770.00| Memberships Subscriptions and Fees, $1306.00| Office Expense, $3614.00| Advertising and Promotions, $688.00| Accounting, $4770.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Asset Name:, BOY Amount:, EOY Amount:| Inventory, $5323, $7251| Prepaid Expenses, $1484, 0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $1373, $1122|
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Michele Pecora
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-09
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ReturnHeader/Filer/BusinessNameControlTxt0ADIR
ReturnHeader/Filer/EIN0141829187
ReturnHeader/Filer/ForeignPhoneNum05188919521
ReturnHeader/Filer/InCareOfNm0% Martin Rowley
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1059 2 DEPOT ST
ReturnHeader/Filer/USAddress/CityNm0Saranac Lake
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0129831059
ReturnHeader/ReturnTs02024-03-09T08:53:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-11-01
ReturnHeader/TaxPeriodEndDt02023-10-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.11$0.06$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.08$0.06$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.05$0.13$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.11$0.08$0.14$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.16$0.07$0.13$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.21$0.11$0.16$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.09$0.15$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.08$0.14$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.09$0.14$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.08$0.15$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.10$0.15$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.01$1.40$0.09
2011Summary only. Only limited summary data is available for this year.$0.89$0.22$0.66$0.16$0.02$0.14