PHuman ServicesEIN: 382067327· Ruling Year: 1998

Adapt Incorporated

Coldwater, Michigan

BHealth Score
57B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$6.7M
Total Revenue
📊
$6.5M
Total Expenses
🏦
$2.6M
Net Assets
📋
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.9%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
47.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,694,10710%$6,475,5754%$5,009,6159%
2022$6,092,8831%$6,251,4081%$5,522,3937%
2021$6,059,2693%$6,335,4934%$5,926,4043%
2020$5,879,46711%$6,093,15313%$5,738,5143%
2019$6,575,0216%$7,004,7623%$5,582,8402%
2018$7,007,6155%$7,238,5933%$5,702,4916%
2017$6,654,0725%$7,015,8314%$5,378,0001%
2016$6,366,2591%$6,732,5254%$5,323,2593%
2015$6,276,9782%$6,501,3694%$5,182,1943%
2014$6,149,9751%$6,241,8718%$5,325,6563%
2013$6,094,5383%$5,805,2105%$5,149,5136%
2012$5,942,66735%$5,523,58838%$4,852,1762%
2011$9,132,009$8,843,229$4,771,344

Frequently Asked Questions

What does Adapt Incorporated do?

Adapt Incorporated is a human services nonprofit organization based in Michigan. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Adapt Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Adapt Incorporated has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Adapt Incorporated generate?

Adapt Incorporated reports $5.9M in annual revenue and holds $4.5M in total assets, based on IRS filings.

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