Adaptive Sports Program New Mexico Inc
- Assets
- $214.5k
- Revenue
- $231.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Santa Fe, NM
- Founding
- 01/1975
- Data as of
- 06/2021
- EIN
- 85-0403958
Organization Overview
Adaptive Sports Program New Mexico Inc is located in Santa Fe, NM. The organization was established in 1975. According to its NTEE Classification (N72) the organization is classified as: Special Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Adaptive Sports Program New Mexico Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adaptive Sports Program New Mexico Inc 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 06/2021, Adaptive Sports Program New Mexico Inc generated $231.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $198.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE LIVES OF CHILDREN AND ADULTS WITH DISABILITIES THROUGH RECREATION. PROVIDING ADAPTIVE SKIING AND SNOWBOARDING LESSONS IN THE WINTER AND ADAPTIVE WATER SPORTS (SAILING, KAYAKING, PADDLEBOARDING) LESSONS IN THE SUMMER TO PERSONS WITH PHYSICAL AND/OR COGNITIVE DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1985, THE ADAPTIVE SPORTS PROGRAM NEW MEXICO (ASPNM) HAS GIVEN CHILDREN AND ADULTS WITH DISABILITIES THE OPPORTUNITY TO PURSUE HEALTHY LIFESTYLES THROUGH ACTIVITIES INCLUDING WINTER SPORTS, WATERSPORTS, ROCK CLIMBING AND MORE. ASPNM STRIVES TO ENABLE EACH PARTICIPATING ATHLETE TO BE ACTIVE, FEEL EMPOWERED AND ACCOMPLISHED, AND DEVELOP A NETWORK OF SUPPORT THROUGH THE ASPNM COMMUNITY. DUE TO THE COVID-19 PANDEMIC, ASPNM OPERATED ON A LIMITED SCALE OVER THE FY 2020-21 BUT WAS ABLE TO OFFER CAPACITY-REDUCED PROGRAMS, INCLUDING ADAPTIVE SKIING, SNOWBOARDING, ROCK CLIMBING, RAFTING, AND WATER SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanna Serpas-Decker Vice President | OfficerTrustee | 0.5 | $0 |
Wes Daniels Treasurer | OfficerTrustee | 0.5 | $0 |
Joe Sorroche President | OfficerTrustee | 1 | $0 |
Carol Harrison Secretary | OfficerTrustee | 0.5 | $0 |
Mario Chavez Director | Trustee | 0.25 | $0 |
Joyce Gonzalez-Aller Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,079 |
| Related organizations | $0 |
| Government grants | $76,378 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,668 |
| Noncash contributions included in lines 1a–1f | $2,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,125 |
| Total Program Service Revenue | $16,965 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,252 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,102 |
| Office expenses | $1,583 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,300 |
| Travel | $2,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,830 |
| Insurance | $3,662 |
| All other expenses | $622 |
| Total functional expenses | $197,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,686 |
| Prepaid expenses and deferred charges | $3,430 |
| Net Land, buildings, and equipment | $28,463 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $214,549 |
| Accounts payable and accrued expenses | $4,406 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $29,167 |
| Other liabilities | $0 |
| Total liabilities | $33,573 |
| Net assets without donor restrictions | $88,022 |
| Net assets with donor restrictions | $92,954 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $214,549 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Adaptive Sports Program New Mexico Inc has recieved totaling $26,195.
| Awarding Organization | Amount |
|---|---|
Ethel S Abbott Charitable Foundation Lincoln, NE PURPOSE: THREE SETS OF KIDS BI-SKIS | $10,000 |
Ethel S Abbott Charitable Foundation Lincoln, NE PURPOSE: THREE SETS OF KIDS BI-SKIS | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Special Olympics Texas Inc San Antonio, TX | $8,195,691 | $10,240,827 |
National Ability Center Park City, UT | $28,886,083 | $8,062,323 |
Special Olympics Colorado Centennial, CO | $5,477,737 | $6,040,325 |
Special Olympics Arizona Inc Goodyear, AZ | $7,921,552 | $5,818,236 |
Adaptive Sports Center Of Crested Butte Inc Crested Butte, CO | $19,319,284 | $4,998,660 |
F R I E N D S Of Broomfield Broomfield, CO | $4,458,542 | $2,913,606 |
Special Olympics New Mexico Inc Albuquerque, NM | $2,764,108 | $1,921,650 |
Special Olympics Oklahoma Inc Tulsa, OK | $6,097,982 | $1,953,667 |
The Mexico Senior Olympics Inc Roswell, NM | $395,621 | $942,107 |
Special Olympics Utah Inc Salt Lake City, UT | $1,296,497 | $1,379,753 |
Girard Training Stables Goodyear, AZ | $17,968 | $0 |
Adaptive Sports Program New Mexico Inc Santa Fe, NM | $214,549 | $231,838 |