Civic Intelligence

Adaptive Resources

990EZ • Fiscal year 2021 • EIN 84-3416016

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 11, 2023

8965 Lloyd PlaceWest Hollywood, CA 90069

(949) 677-4606

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

32nd percentile

-4.8%

Faster asset growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$45,557

Down $2,295 (-4.8%) from 2020

Net Assets

$45,557

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$0

Down $113,273 (-100%) from 2020

Expenses

Down

$2,295

Down $66,558 (-97%) from 2020

Net Income

Down

-$2,295

Down $46,715 (-105%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2020: $47,852Liabilities 2020: $02020Assets 2021: $45,557Liabilities 2021: $0Net Assets 2021: $45,5572021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$45,557
Liabilities$0
Net Assets$45,557

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2020: $113,273Expenses 2020: $68,853Net Income 2020: $44,4202020Revenue 2021: $0Expenses 2021: $2,295Net Income 2021: -$2,2952021Revenue 2022: $0Expenses 2022: $45,557Net Income 2022: -$45,5572022

Highlighted filing

2021

Revenue$0
Expenses$2,295
Net Income-$2,295
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 11, 2023
Return Version
2021v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

Provide client access to HIV/AIDS healthcare benefits.

Program Services

DescriptionGrantsExpenses
Benefits Navigation: Salaried employees provide benefits navigation to nearly 400 active clients, saving them collectively $2.6 million in insurance, drug and medical costs yearly. Clients are also connected to qualified HIV/Aids medical specialists upon request.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry DempseyBoard President-$0--
Kevin Mora-SmithCFO/Treasurer-$0--
Daniel TranBoard Member-$0--
Mark DeRosaBoard Member-$0--
Alex ShalsonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Adaptive Resources
EIN
84-3416016
Phone
9496774606
Address
8965 Lloyd Place, West Hollywood, CA 90069

Signing Officer

Name
Terry Dempsey
Title
Board President
Phone
9496774606
Signed
2023-01-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

I was unaware of the need to e-file the 990 EZ form from 2021 going forward. I apologize for my ignorance, I was operating alone at home, due to the pandemic. Once our financial officer receiving the LTR 2695C and emailed me, I was in Tennessee for the holidays. Once I reviewed and attempted to e-file the 2021 990 EZ, the IRS e-filing system was shut down. I am attempting to e-file it today, 01/12/2023.

Raw XML Appendix188 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrintingPublicationsPostageAmt026
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Benefits Navigation: Salaried employees provide benefits navigation to nearly 400 active clients, saving them collectively $2.6 million in insurance, drug and medical costs yearly. Clients are also connected to qualified HIV/Aids medical specialists upon request.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Adaptive Resources contracted with and was paid by Thrive Tribe (also a 501(c)(3). Thrive Tribe was a certified California Department of Public Health's (CDPH) Aids Drug Assistance Program (ADAP) provider. The work Adaptive Resources provided as of 10/03/2019 (when Adaptive Resources received its 501(c)(3) from the California Secretary of State), it took over the day-to-day operations from Thrive Tribe. The CDPH would pay Thrive Tribe per client enrollment and reenrollment quarterly. Per Adaptive Resources contract, it would receive 80% of CDPH payments to Thrive Tribe, for the work we performed with the ADAP program on their behalf. Contract Available: [email protected]
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0I was unaware of the need to e-file the 990 EZ form from 2021 going forward. I apologize for my ignorance, I was operating alone at home, due to the pandemic. Once our financial officer receiving the LTR 2695C and emailed me, I was in Tennessee for the holidays. Once I reviewed and attempted to e-file the 2021 990 EZ, the IRS e-filing system was shut down. I am attempting to e-file it today, 01/12/2023.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
ReasonableCauseExplanation/ExplanationTxt0I was unaware of the need to e-file the 990 EZ form from 2021 going forward. I apologize for my ignorance, I was operating alone at home, due to the pandemic. With no new assets or major expenditures, I assumed it would be simple enough to do on my own. This last December, our financial officer received the LTR 2695C and emailed me, I was in Tennessee for the holidays. Once I reviewed and attempted to e-file the 2021 990 EZ, the IRS e-filing system was shut down. I am attempting to e-file it today, 01/12/2023.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board President
ReturnHeader/BusinessOfficerGrp/PhoneNum09496774606
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADAPTIVE RESOURCES
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ReturnHeader/Filer/BusinessNameControlTxt0ADAP
ReturnHeader/Filer/EIN0843416016
ReturnHeader/Filer/PhoneNum09496774606
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ReturnHeader/Filer/USAddress/CityNm0West Hollywood
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090069
ReturnHeader/ReturnTs02023-01-11T23:22:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings