Adaptable Security Corp
- Assets
- $388.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-4595679
Organization Overview
Adaptable Security Corp is located in San Jose, CA. The organization was established in 2016. According to its NTEE Classification (U02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptable Security Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Adaptable Security Corp generated $65.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $61.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsali Hancock Chair, Board Of Directors | 0.3 | $0 | |
Michael Kaiser Member, Board Of Directors | 0.3 | $0 | |
Tim O'brien Member, Board Of Directors | 0.3 | $0 | |
Jacob Margoli Member, Board Of Directors | 0.3 | $0 | |
Lan Jenson CEO And Member, Board Of Directors | 40 | $0 | |
Kenny Yuen COO And Member, Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,800 |
| Total Program Service Revenue | $68,400 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,920 |
| Other Revenue | $0 |
| Total Revenue | $65,280 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,644 |
| Occupancy, rent, utilities, and maintenance | $30,607 |
| Printing, publications, postage, and shipping | $339 |
| Other expenses | $5,804 |
| Total expenses | $61,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,437 |
| Other assets | $0 |
| Total assets | $388,837 |
| Total liabilities | $3,232 |
| Net assets or fund balances | $385,605 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Compass Science Communication Inc Milwaukie, OR | $2,318,160 | $1,282,263 |
Lf Charities Inc San Francisco, CA | $500,000 | $500,000 |
Launchbio Inc San Diego, CA | $188,917 | $510,742 |
Climate Access Inc Scotts Valley, CA | $207,042 | $531,136 |
Harik Shazeer Labs Palo Alto, CA | $502,124 | $740 |
Disruption Forum Inc San Diego, CA | $426 | $0 |
Adaptable Security Corp San Jose, CA | $388,837 | $0 |
Portland Chapter Of The Internation Al Institute Of Building Enclosure Portland, OR | $44,862 | $0 |
Counter Culture Labs Oakland, CA | $32,642 | $0 |
Art Of Business Competition San Jose, CA | $0 | $0 |