Civic Intelligence

Association for Digital Asset Markets Inc

990 • Fiscal year 2021 • EIN 83-2650302

Apr 01, 2020 to Mar 31, 2021 • Filed on Nov 12, 2021

Organization ProfileWWW.THEADAM.IO
1177 Avenue Of The Americas 5th FLNew York, NY 10036

(512) 925-1123

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

74th percentile

22%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

91st percentile

$175,217

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

99th percentile

327%

Faster asset growth than 99% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

553%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$270,513

Up $207,192 (+327%) from 2020

Net Assets

Up

$270,513

Up $207,192 (+327%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin74th percentile

Revenue

Up

$921,055

Up $780,054 (+553%) from 2020

Expenses

Up

$713,863

Up $151,663 (+27%) from 2020

Net Income

Up

$207,192

Up $628,391 (+149%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$1.5M$1.0M$500K$0Assets 2019: $484,520Liabilities 2019: $0Net Assets 2019: $484,5202019Assets 2020: $63,321Liabilities 2020: $0Net Assets 2020: $63,3212020Assets 2021: $270,513Liabilities 2021: $0Net Assets 2021: $270,5132021Assets 2022: $957,258Liabilities 2022: $0Net Assets 2022: $957,2582022Assets 2023: $1,470,836Liabilities 2023: $0Net Assets 2023: $1,470,8362023Assets 2024: $997,055Liabilities 2024: $0Net Assets 2024: $997,0552024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$270,513
Liabilities$0
Net Assets$270,513
Open 2021 Filing

Operations Trend

Revenue Growth99th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $769,000Expenses 2019: $284,480Net Income 2019: $484,5202019Revenue 2020: $141,001Expenses 2020: $562,200Net Income 2020: -$421,1992020Revenue 2021: $921,055Expenses 2021: $713,863Net Income 2021: $207,1922021Revenue 2022: $1,707,500Expenses 2022: $1,020,755Net Income 2022: $686,7452022Revenue 2023: $2,062,500Expenses 2023: $1,548,922Net Income 2023: $513,5782023Revenue 2024: $0Expenses 2024: $473,781Net Income 2024: -$473,7812024Revenue 2025: $0Expenses 2025: $997,055Net Income 2025: -$997,0552025

Highlighted filing

2021

Revenue$921,055
Expenses$713,863
Net Income$207,192
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$921,055
Mission and Program Overview

Mission

The association for digital asset markets, inc. (adam) exists to foster fair and orderly digital asset markets where participants can transact with confidence.

Foster fair digital asset markets worthy of the trust of participants, investors, & regulators

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$63,321$270,513▲ $207,192
Rtn Earn Endowment Incm Other Fnds$63,321$270,513▲ $207,192
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$63,321$270,513▲ $207,192
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$63,321$270,513▲ $207,192
Total Liabilities and Net Assets / Fund Balance$63,321$270,513▲ $207,192
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly Mcgrath Left 1220DirectorFT$167,759$7,458$175,217
Jeffrey Blockinger Left 1020Chief Executive Officer (fmr)FT$115,222$3,762$118,984
Michelle BondChief Executive OfficerFT$62,500-$62,500

Board Members and Trustees

NameTitle
Oliver WienerPresident
Andrew SiegelDirector
Brad VopniDirector
Brice Wilson Left 1020Director
James MorganDirector
Mark SmithDirector
Richard GorelickDirector
Richard Rosenblum Left 0321Director
Robert LasalleDirector
Tim KellyDirector
Trey GriggsDirector
Charles CascarillaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Klaros Advisors LLCLegal And Compliance Consulting4523 HOWE ST, Oakland, CA 94611$129,374
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$915,000
Investment Income
$0
Other Revenue
$6,055
Change in Net Assets
$207,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$481,554
Other Expenses$232,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$344,680
Fees for Services Other---$224,097
Current Officers, Directors, Trustees, and Key Employees---$75,000
Other Employee Benefits---$40,874
Payroll Taxes---$21,000
Fees for Services Legal---$4,280
Travel---$2,808
Occupancy---$838
Office Expenses---$286
Total Functional Expenses$0$0$0$713,863
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The return is prepared by an outside accounting firm and then reviewed by the ceo and head of policy. A complete copy is provided to the entire board prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“The organization will identify, and take appropriate steps to address actual and potential conflicts of interest that may materially compromise or be perceived to materially compromise its ethical or professional judgment. It will take reasonable steps to eliminate any material conflicts of interest. Where it is concluded that a specific material conflict of interest cannot reasonably be eliminated, it will put in place appropriate arrangements to manage such conflict. Measures to eliminate or manage conflicts of interest include: segregating duties and/or reporting lines; establishing information barriers; and providing training to relevant personnel to enable them to identify and handle conflicts of interest. Board members and officers will disclose any material conflict of interest that has not been eliminated, as well as measures taken to manage such conflicts, to enable potentially affected parties to decide beforehand whether they wish to proceed with a transaction or service.”

Form 990, Part VI, Section B, Line 15

“Executive compensation was set by independent members of the board, utilizing a compensation assessment made by an outside consultant.”

Form 990, Part VI, Section C, Line 19

“All financial documents are held at the association for digital asset markets' main office and are available for review upon request.”

Filing and Contact Details

Filer

Filer Name
Association for Digital Asset
EIN
83-2650302
Phone
5129251123
Address
1177 AVENUE OF THE AMERICAS 5TH FL, NEW YORK, NY 10036

Signing Officer

Name
Michelle Bond
Title
Chief Executive Officer
Phone
5129251123
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Bond
Formed
2018
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
12

Preparer

Firm
Trimnerbeckham Pllc
Address
1750 TYSONS BLVD SUITE 1500, MCLEAN, VA 22102
Preparer
David Trimner
Phone
7036631756
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting services 224,097.”

Raw XML Appendix376 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FOSTER FAIR DIGITAL ASSET MARKETS WORTHY OF THE TRUST OF PARTICIPANTS, INVESTORS, & REGULATORS
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0ROBERT BALDWIN
IRS990/BooksInCareOfDetail/PhoneNum05129251123
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01177 AVENUE OF THE AMERICAS 5TH
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010036
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt063321
IRS990/CashNonInterestBearingGrp/EOYAmt0270513
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt075000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0129374
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt04523 HOWE ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0OAKLAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd094611
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0KLAROS ADVISORS LLC
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL AND COMPLIANCE CONSULTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0232309
IRS990/CYOtherRevenueAmt06055
IRS990/CYProgramServiceRevenueAmt0915000
IRS990/CYRevenuesLessExpensesAmt0207192
IRS990/CYSalariesCompEmpBnftPaidAmt0481554
IRS990/CYTotalExpensesAmt0713863
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0921055
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0RELEASE OF ADAM CODE OF CONDUCT, DESIGNED TO PROMOTE INDUSTRY STANDARDS AND ETHICAL CONDUCT BY DIGITAL ASSET MARKET PARTICIPANTS. THE CODE PROMOTES INTEGRITY, FAIRNESS, AND EFFICIENCY IN DIGITAL ASSET MARKETS, INFORMS MARKET PARTICIPANTS ON BEST PRACTICES, AND COMPLEMENTS EXISTING REGULATIONS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/TotalAmt04280
IRS990/FeesForServicesOtherGrp/TotalAmt0224097
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1260.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt133762
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt147458
IRS990/Form990PartVIISectionAGrp/PersonNm0OLIVER WIENER
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES CASCARILLA
IRS990/Form990PartVIISectionAGrp/PersonNm2ANDREW SIEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm3BRAD VOPNI
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD GORELICK
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT LASALLE
IRS990/Form990PartVIISectionAGrp/PersonNm9TREY GRIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm10BRICE WILSON LEFT 1020
IRS990/Form990PartVIISectionAGrp/PersonNm11RICHARD ROSENBLUM LEFT 0321
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHELLE BOND
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFFREY BLOCKINGER LEFT 1020
IRS990/Form990PartVIISectionAGrp/PersonNm14KELLY MCGRATH LEFT 1220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1262500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13115222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14167759
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF EXECUTIVE OFFICER (FMR)
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0921055
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ASSOCIATION FOR DIGITAL ASSET MARKETS, INC. (ADAM) EXISTS TO FOSTER FAIR AND ORDERLY DIGITAL ASSET MARKETS WHERE PARTICIPANTS CAN TRANSACT WITH CONFIDENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt063321
IRS990/NetAssetsOrFundBalancesEOYAmt0270513
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0838
IRS990/OfficeExpensesGrp/TotalAmt0286
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt040874
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE REIMBURSEMEN
IRS990/OtherRevenueMiscGrp/ExclusionAmt06055
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06055
IRS990/OtherRevenueTotalAmt06055
IRS990/OtherSalariesAndWagesGrp/TotalAmt0344680
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt021000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHELLE BOND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0915000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0915000
IRS990/ProgSrvcAccomActy2Grp/Desc0MEMBERSHIP IN ADAM INCLUDES TRADING PLATFORMS, CUSTODIANS, INVESTORS, ASSET MANAGERS, TRADERS, LIQUIDITY PROVIDERS, AND BROKERS THAT ARE ACTIVE IN DIGITAL ASSET MARKETS OR SEEK TO PARTICIPATE IN THOSE MARKETS. THE ORGANIZATION SEEKS TO PROTECT MARKET PARTICIPANTS FROM FRAUD AND MANIPULATION; TO PROVIDE CLEAR STANDARDS FOR EFFICIENT TRADING, CUSTODY, AND THE CLEARING AND SETTLEMENT OF DIGITAL ASSETS; TO ENCOURAGE PROFESSIONALISM AND ETHICAL CONDUCT BY MARKET PARTICIPANTS; AND TO INCREASE TRANSPARENCY AND PROVIDE INFORMATION TO THE PUBLIC AND GOVERNMENTS ABOUT DIGITAL ASSET MARKETS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0542888
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0141001
IRS990/PYRevenuesLessExpensesAmt0-421199
IRS990/PYSalariesCompEmpBnftPaidAmt019312
IRS990/PYTotalExpensesAmt0562200
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0141001
IRS990/ReconcilationRevenueExpnssAmt0207192
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt063321
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0270513
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0167759
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07458
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KELLY MCGRATH LEFT 1220
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175217
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THEN REVIEWED BY THE CEO AND HEAD OF POLICY. A COMPLETE COPY IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WILL IDENTIFY, AND TAKE APPROPRIATE STEPS TO ADDRESS ACTUAL AND POTENTIAL CONFLICTS OF INTEREST THAT MAY MATERIALLY COMPROMISE OR BE PERCEIVED TO MATERIALLY COMPROMISE ITS ETHICAL OR PROFESSIONAL JUDGMENT. IT WILL TAKE REASONABLE STEPS TO ELIMINATE ANY MATERIAL CONFLICTS OF INTEREST. WHERE IT IS CONCLUDED THAT A SPECIFIC MATERIAL CONFLICT OF INTEREST CANNOT REASONABLY BE ELIMINATED, IT WILL PUT IN PLACE APPROPRIATE ARRANGEMENTS TO MANAGE SUCH CONFLICT. MEASURES TO ELIMINATE OR MANAGE CONFLICTS OF INTEREST INCLUDE: SEGREGATING DUTIES AND/OR REPORTING LINES; ESTABLISHING INFORMATION BARRIERS; AND PROVIDING TRAINING TO RELEVANT PERSONNEL TO ENABLE THEM TO IDENTIFY AND HANDLE CONFLICTS OF INTEREST. BOARD MEMBERS AND OFFICERS WILL DISCLOSE ANY MATERIAL CONFLICT OF INTEREST THAT HAS NOT BEEN ELIMINATED, AS WELL AS MEASURES TAKEN TO MANAGE SUCH CONFLICTS, TO ENABLE POTENTIALLY AFFECTED PARTIES TO DECIDE BEFOREHAND WHETHER THEY WISH TO PROCEED WITH A TRANSACTION OR SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE COMPENSATION WAS SET BY INDEPENDENT MEMBERS OF THE BOARD, UTILIZING A COMPENSATION ASSESSMENT MADE BY AN OUTSIDE CONSULTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL FINANCIAL DOCUMENTS ARE HELD AT THE ASSOCIATION FOR DIGITAL ASSET MARKETS' MAIN OFFICE AND ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING SERVICES 224,097.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt063321
IRS990/TotalAssetsEOYAmt0270513
IRS990/TotalAssetsGrp/BOYAmt063321
IRS990/TotalAssetsGrp/EOYAmt0270513
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0713863
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt063321
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0270513
IRS990/TotalOtherCompensationAmt011220
IRS990/TotalProgramServiceRevenueAmt0915000
IRS990/TotalReportableCompFromOrgAmt0345481
IRS990/TotalRevenueGrp/ExclusionAmt06055
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0915000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0921055
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt063321
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0270513
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02808
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01177 AVENUE OF THE AMERICAS 5TH FL
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010036
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.THEADAM.IO
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE BOND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05129251123
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSOCIATION FOR DIGITAL ASSET
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0MARKETS INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSO
ReturnHeader/Filer/EIN0832650302
ReturnHeader/Filer/PhoneNum05129251123
ReturnHeader/Filer/USAddress/AddressLine1Txt01177 AVENUE OF THE AMERICAS 5TH FL
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010036
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0842953567
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRIMNERBECKHAM PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01750 TYSONS BLVD SUITE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCLEAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022102
ReturnHeader/PreparerPersonGrp/PhoneNum07036631756
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID TRIMNER
ReturnHeader/ReturnTs02021-11-12T14:07:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHELLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOND
ReturnHeader/TaxPeriodBeginDt02020-04-01
ReturnHeader/TaxPeriodEndDt02021-03-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$270,513
Liabilities
$0
Net assets
$270,513
Revenue
$921,055
Expenses
$713,863
Net income
$207,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$1.00$1.00
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.00$1.00$0.00$0.47$0.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.00$1.47$2.06$1.55$0.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$1.71$1.02$0.69
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.92$0.71$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.00$0.06$0.14$0.56$0.42
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.77$0.28$0.48