2026-05-14T12:11:34-05:00 2025-06-30 141798364 WOJESKI & COMPANY CPA'S PC 159 WOLF RD ALBANY NY 12205 990 2024-07-01 141823155 ADAPTIVE SPORTS FOUNDATION INC ADAP 5187345070 PO BOX 266 100 SILVERMAN WAY WINDHAM NY 12496 VINCE PASSIONE BOARD CHAIR 5187345070 2026-02-15 1 1 JILLIAN M GALE CPA P01068084 5184771102 2026-05-12 2024 2025-03-06 01:10:19Z VINCE PASSIONE 324 MCKINLEY AVE RIDGEWOOD NJ 12496 4183166 0 X WWW.ADAPTIVESPORTSFOUNDATION.ORG X 2000 NY SUMMER AND WINTER PROGRAMS FOR INDIVIDUALS WITH DISABILITIES 15 15 11 153 1514 0 973334 1075283 138869 146971 178304 256467 508769 542481 1799276 2021202 0 0 0 0 684097 763372 0 0 155660 912787 1025263 1596884 1788635 202392 232567 9263937 10007438 785504 803303 8478433 9204135 SUMMER AND WINTER PROGRAMS FOR INDIVIDUALS WITH DISABILITIES 0 0 1279212 146971 THE ORGANIZATION OFFERS BOTH SUMMER AND WINTER RECREATIONAL OPPORTUNITIES TO INDIVIDUALS WITH COGNITIVE AND/OR PHYSICAL DISABILITIES. 1279212 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 11 1 1 1 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JOANNE GRUNENTHAL 5187345070 PO BOX 266 100 SILVERMAN WAY WINDHAM NY 12496 JIM BARNES DIRECTOR 1.50 X 0 0 0 MICHAEL FEE DIRECTOR 1.00 X 0 0 0 WILLIAM LAWSON DIRECTOR 1.00 X 0 0 0 ROBERT LUCKOW DIRECTOR 1.00 X 0 0 0 KEVIN O'CONNOR DIRECTOR 1.50 X 0 0 0 VINCE PASSIONE BOARD CHAIR 6.00 X X 0 0 0 L KEVIN SHERIDAN DIRECTOR 2.00 X 0 0 0 KAREN ELDER DIRECTOR 1.00 X 0 0 0 LAURIN KLEIMAN SECRETARY 3.00 X 0 0 0 ANNA FENIMORE DIRECTOR 1.00 X 0 0 0 PHILIP HSU TREASURER 1.00 X 0 0 0 STEPHAN KIRATSOUS DIRECTOR 1.00 X 0 0 0 BRIAN J LEE DIRECTOR 1.00 X 0 0 0 CHARITY GUZOFSKI DIRECTOR 1.00 X 0 0 0 RICKY MCCLAIN DIRECTOR 1.00 X 0 0 0 MEGHAN HUGHES DIRECTOR 1.00 X 0 0 0 SCOTT SILVERMAN DIRECTOR 1.00 X 0 0 0 JOHN IANNELLI EXECUTIVE DIRECTOR 40.00 X 126783 0 0 126783 0 0 1 0 0 0 0 33207 1042076 453557 1075283 PROGRAM REVENUE 900099 146971 146971 146971 101371 101371 66411 66411 2105989 2017304 88685 88685 88685 653648 123632 530016 530016 22542 21028 1514 1514 LIFT LEASE INCOME 900099 10000 10000 OTHER MISCELLANEOUS INCOME 900099 951 951 10951 2021202 146971 1514 797434 126784 63392 31696 31696 457469 332152 88122 37195 126570 85689 25957 14924 52549 33365 19184 38723 38723 42804 42804 17325 12623 2985 1717 25922 17549 8373 76098 62828 10353 2917 35775 24220 7337 4218 121430 82209 24903 14318 69596 47117 14273 8206 WINTER PROGRAMS EXPENSE 300069 300069 SKILLED VOLUNTEER EXPEN 168090 168090 MISCELLANEOUS EXPENSES 48135 25256 16449 6430 WARRIOR IN MOTION PROGR 28662 28662 52634 29356 16796 6482 1788635 1279212 353763 155660 232986 142274 291154 462760 17624 88381 2530 1130 21930 62500 5329810 2719679 2707921 2610131 3976983 4249784 2012809 2390478 9263937 10007438 22012 20979 750000 750000 13492 32324 785504 803303 X 4794222 5093938 3684211 4110197 8478433 9204135 9263937 10007438 232567 493135 0 X 0 1 X 1 0 X 1325201 1222398 1133852 973334 1075283 5730068 1325201 1222398 1133852 973334 1075283 5730068 5730068 88506 101933 114016 158634 167782 630871 1225 112 25815 4394 1514 33060 19736 15899 10370 12163 10951 69119 6463118 0.88660 0.89700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3793447 575728 -74661 4294514 3414157 447787 -68497 3793447 3180809 309753 -76405 3414157 3620598 -406834 -32955 3180809 3693819 1100455 -82828 4711446 0 0 381036 592066 973102 2636933 1199034 1437899 1170356 1091955 78401 549419 428690 120729 2610131 MARKETABLE SECURITIES 2390478 F 2390478 DEFERRED REVENUE 32324 32324 X 2676044 574014 80828 654842 2021202 0 2021202 1950342 204511 204511 1745831 42804 42804 1788635 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENT IN ITS FINANCIAL STATEMENTS AS OF JUNE 30, 2025 AND 2024. THE ORGANIZATION'S INFORMATION RETURN FILINGS ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAXING AUTHORITIES FOR THE FISCAL YEARS ENDING PRIOR TO JUNE 30, 2022. CURRENTLY, THERE ARE NO EXAMINATIONS IN PROGRESS NOR HAS THE ORGANIZATION BEEN INFORMED OF ANY PENDING EXAMINATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 123,632. INVESTMENT FEES -42,804. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 204,511. GOLF TOURNAMENT 80996 80996 41596 9 546524 546524 55908 627520 627520 97504 97504 530016 X REGISTERED SEASON PASSES 0 262720 X SKILLED SKI INSTRUCTION & EQUIPMENT VOLUNTEER HOURS 0 155062 X IMPUTED INTEREST ON LOAN 0 35775 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF ASF REVIEWS THE ANNUAL FINANCIAL STATEMENT ON WHICH THE 990 IS BASED AND VOTES ON SAME. THE 990 IS REVIEWED BY THE AUDIT COMMITTEE. IT IS ALSO REVIEWED BY THE BOARD CHAIR (WHO SIGNS IT), THE TREASURER, AND THE ASF'S FINANCIAL STAFF. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS AND EMPLOYEES OF ADAPTIVE SPORTS FOUNDATION (ASF) SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS AND CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. THE BOARD CHAIR, DIRECTORS AND ANY COMMITTEE APPOINTED TO ADDRESS THE CONFLICT OF INTEREST SHALL ADDRESS ANY NECESSARY SITUATIONS THAT MAY ARISE. THE POLICY SHALL BE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AND ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED TO ALL RESPONSIBLE PERSONS WITHIN THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 ADAPTIVE SPORTS FOUNDATION RELIES ON PUBLISHED NOT-FOR-PROFIT AND ASSOCIATION COMPENSATION PUBLICATIONS AND SURVEYS TO ESTABLISH COMPENSATION AND BENEFITS. COMPENSATION STUDIES REPORTING COMPENSATION IN THE PRIVATE AND PUBLIC SECTORS WITHIN THE ASF'S GEOGRAPHIC OPERATIONAL AREAS MAY BE USED TO SUPPLEMENT THESE MATERIALS. ASF'S EXECUTIVE COMMITTEE IS THE COMPENSATION COMMITTEE AND WILL ADMINISTER ASF COMPENSATION PROGRAMS PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED. THE COMPENSATION COMMITTEE SHALL MEET AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES TO THE BOARD OF TRUSTEES, AS APPROPRIATE. FOR POSITIONS OTHER THAN EXECUTIVE DIRECTOR, THE BOARD OF TRUSTEES SHALL REVIEW TOTAL COMPENSATION FOR ALL EMPLOYEES, PRESENTED BY THE EXECUTIVE DIRECTOR, AS PART OF THE ANNUAL BUDGET PROCESS. SUCH TOTAL COMPENSATION IS REVIEWED IN THE SPRING EACH YEAR DURING THE BUDGET PROCESS. THE COMPENSATION COMMITTEE MAY COMMISSION A REVIEW BY AN INDEPENDENT CONSULTING FIRM TO EVALUATE THE ORGANIZATION'S KEY EXECUTIVE COMPENSATION PROGRAM AGAINST THE COMPETITIVE MARKET. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EMPLOYEES OF THE ORGANIZATION AND HAS FINAL APPROVAL FOR SUCH COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.