Civic Intelligence

Solutions for Independence

990 • Fiscal year 2020 • EIN 56-1811580

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

7744 North Point BlvdWinston Salem, NC 27106

(336) 767-7060

Siviq Scores

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

Liabilities / Assets

58th percentile

0.01x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Net Margin

41st percentile

0.6%

Higher net margin than 41% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$9,523

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Asset Growth

37th percentile

-1.0%

Faster asset growth than 37% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

61st percentile

2.3%

Faster revenue growth than 61% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$102,734

Down $1,060 (-1.0%) from 2019

Net Assets

Up

$101,373

Up $2,579 (+2.6%) from 2019

Liabilities

Down

$1,361

Down $3,639 (-73%) from 2019

Revenue

Up

$401,100

Up $9,079 (+2.3%) from 2019

Expenses

Up

$398,522

Up $46,399 (+13%) from 2019

Net Income

Down

$2,578

Down $37,320 (-94%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $61,410Liabilities 2010: $1,189Net Assets 2010: $60,2212010Assets 2011: $87,474Liabilities 2011: $110Net Assets 2011: $87,3642011Assets 2012: $92,041Liabilities 2012: $4,591Net Assets 2012: $87,4502012Assets 2013: $68,599Liabilities 2013: $0Net Assets 2013: $68,5992013Assets 2014: $25,185Liabilities 2014: $0Net Assets 2014: $25,1852014Assets 2015: $26,911Liabilities 2015: $0Net Assets 2015: $26,9112015Assets 2016: $34,873Liabilities 2016: $0Net Assets 2016: $34,8732016Assets 2017: $44,740Liabilities 2017: $0Net Assets 2017: $44,7402017Assets 2018: $58,896Liabilities 2018: $0Net Assets 2018: $58,8962018Assets 2019: $103,794Liabilities 2019: $5,000Net Assets 2019: $98,7942019Assets 2020: $102,734Liabilities 2020: $1,361Net Assets 2020: $101,3732020Assets 2021: $75,235Liabilities 2021: $3,378Net Assets 2021: $71,8572021Assets 2022: $76,792Liabilities 2022: $0Net Assets 2022: $76,7922022Assets 2023: $68,506Liabilities 2023: $1,124Net Assets 2023: $67,3822023

Highlighted filing

2020

Assets$102,734
Liabilities$1,361
Net Assets$101,373

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $423,0892010Expenses 2011: $354,1032011Revenue 2012: $396,397Expenses 2012: $396,311Net Income 2012: $862012Revenue 2013: $363,247Expenses 2013: $382,098Net Income 2013: -$18,8512013Revenue 2014: $307,499Expenses 2014: $350,913Net Income 2014: -$43,4142014Revenue 2015: $366,393Expenses 2015: $364,668Net Income 2015: $1,7252015Revenue 2016: $338,928Expenses 2016: $330,464Net Income 2016: $8,4642016Revenue 2017: $348,442Expenses 2017: $338,575Net Income 2017: $9,8672017Revenue 2018: $336,110Expenses 2018: $321,952Net Income 2018: $14,1582018Revenue 2019: $392,021Expenses 2019: $352,123Net Income 2019: $39,8982019Revenue 2020: $401,100Expenses 2020: $398,522Net Income 2020: $2,5782020Revenue 2021: $541,103Expenses 2021: $570,619Net Income 2021: -$29,5162021Revenue 2022: $680,512Expenses 2022: $675,577Net Income 2022: $4,9352022Revenue 2023: $750,112Expenses 2023: $753,991Net Income 2023: -$3,8792023

Highlighted filing

2020

Revenue$401,100
Expenses$398,522
Net Income$2,578
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$401,100
Mission and Program Overview

Mission

To educate and serve the disabled. To promote, educate and enable individuals with disabilities to live more independently within the community and home through the network of programs.

To educate and serve the disabled. To promote, educate and enable individuals with disabilities to live more independently within the community and home through the

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,220$69,489▲ $5,269
Savings and Temporary Cash Investments$19,979$19,991▲ $12
Land, Buildings, and Equipment, Net$13,469$8,333▼ $5,136
Total Assets$103,794$102,734▼ $1,060
Other Assets Total$6,126$4,921▼ $1,205
Liabilities
Other Liabilities$5,000$1,361▼ $3,639
Total Liabilities$5,000$1,361▼ $3,639
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$98,794$101,373▲ $2,579
Total Net Assets Fund Balance$98,794$101,373▲ $2,579
Total Liabilities and Net Assets / Fund Balance$103,794$102,734▼ $1,060

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,333$75,196$83,529
Other Assets Org$2,309--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark C SteeleExecutive DirectorFT$9,523$9,523

Board Members and Trustees

NameTitle
JoAnn AhrensChairperson
Chris FlintMember
D'Marlo BrannonMember
Matthew JamesMember
RV KuserMember
Tami RhyneSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$401,088
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$0
All Other Contributions
$1,620
Change in Net Assets
$2,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,524
Salaries, Compensation, and Employee Benefits$184,998
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,175$27,176$0$82,351
Office Expenses$45,393$22,358$0$67,751
Occupancy$44,143$21,742$0$65,885
Current Officers, Directors, Trustees, and Key Employees$0$65,095$0$65,095
Fees for Service Investment Mgmnt Fees$38,702$19,062$0$57,764
Other Employee Benefits$16,701$8,226$0$24,927
Payroll Taxes$8,459$4,166$0$12,625
Depreciation Depletion$3,441$1,695$0$5,136
Other Expenses$3,361$1,655$0$5,016
Fees for Services Accounting$2,859$1,408$0$4,267
Insurance$1,719$847$0$2,566
Travel$1,390$685$0$2,075
Fees for Services Legal$1,171$577$0$1,748
Total Functional Expenses$223,396$175,126$0$398,522
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,361
Due to Mayor's Council$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Adaptables Inc
EIN
56-1811580
Phone
3367677060
Address
7744 North Point Blvd, Winston Salem, NC 27106

Signing Officer

Name
Mark C Steele
Title
Executive Director
Phone
3367677060
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark C Steele
Formed
1993
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
8

Preparer

Firm
Brown Jenkins and Oneyear Pa
Address
326 South Main Street, Winston Salem, NC 27101
Preparer
Rebecca A Oneyear CPA
Phone
3367610366
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Review by Executive Director

Pt VI, Line 12C

Yearly Review

Pt VI, Line 15A

Review regional salary data for other directors

Raw XML Appendix400 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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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt08333
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075196
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083529
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02612
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12309
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Rent Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Prepaid Security Monitoring
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11361
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Mayor's Council
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08333
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04921
IRS990ScheduleD/TotalLiabilityAmt01361
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Review by Executive Director
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Yearly Review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Review regional salary data for other directors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0103794
IRS990/TotalAssetsEOYAmt0102734
IRS990/TotalAssetsGrp/BOYAmt0103794
IRS990/TotalAssetsGrp/EOYAmt0102734
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0401088
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0175126
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0223396
IRS990/TotalFunctionalExpensesGrp/TotalAmt0398522
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05000
IRS990/TotalLiabilitiesEOYAmt01361
IRS990/TotalLiabilitiesGrp/BOYAmt05000
IRS990/TotalLiabilitiesGrp/EOYAmt01361
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098794
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0101373
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0223396
IRS990/TotalReportableCompFromOrgAmt09523
IRS990/TotalRevenueGrp/ExclusionAmt012
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0401100
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103794
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0102734
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0685
IRS990/TravelGrp/ProgramServicesAmt01390
IRS990/TravelGrp/TotalAmt02075
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07744 North Point Blvd
IRS990/USAddress/CityNm0Winston Salem
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027106
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.theadaptables.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark C Steele
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum03367677060
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Adaptables Inc
ReturnHeader/Filer/BusinessNameControlTxt0ADAP
ReturnHeader/Filer/EIN0561811580
ReturnHeader/Filer/PhoneNum03367677060
ReturnHeader/Filer/USAddress/AddressLine1Txt07744 North Point Blvd
ReturnHeader/Filer/USAddress/CityNm0Winston Salem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027106
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN JENKINS AND ONEYEAR PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0326 South Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Winston Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027101
ReturnHeader/PreparerPersonGrp/PhoneNum03367610366
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rebecca A Oneyear CPA
ReturnHeader/ReturnTs02021-11-15T07:25:14-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Mark
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Steele
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.67$7.50$7.54$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$6.81$6.76$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.03$0.72$5.41$5.71$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.01$1.01$4.01$3.99$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.05$0.99$3.92$3.52$0.40
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$3.36$3.22$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$3.48$3.39$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$3.39$3.30$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$3.66$3.65$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$3.07$3.51$0.43
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$3.63$3.82$0.19
2012Summary only. Only limited summary data is available for this year.$0.92$0.05$0.87$3.96$3.96$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$3.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.01$0.60$4.23