Overview
What is Adapt Inc?
Adapt Inc, located in Bogalusa, Louisiana, is a nonprofit organization with a focus on promoting well-being and resilience within the local community. Their primary mission involves delivering education and counseling services related to substance abuse and addiction, rape, and sexual assault. They provide outpatient therapy, assessments, and mental health education through collaboration, coordination, and intervention strategies. Additionally, Adapt Inc offers sexual assault response services, further underscoring their commitment to supporting individuals and families in need. With a team of twenty dedicated employees, they strive to make a tangible difference in the lives of those they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating.
Adapt Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score reflects a total of 75%, based solely on the Accountability & Finance beacon, showcasing the organization's commitment to transparency and responsible financial management.
The nonprofit demonstrates significant strengths, including a fully independent board of directors and a high program expense ratio of 97.99%. This indicates that a large majority of their expenditures are directed towards their programs rather than administrative costs. The organization also has robust policies in place, such as conflict of interest and document retention policies, ensuring ethical governance.
Despite its strengths, the overall score is limited to the Accountability & Finance category, which means there is no additional evaluation of performance in areas such as service delivery or community impact. This may suggest a need for further development or reporting in other key areas to provide a more comprehensive view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Adapt Inc legitimate?
Adapt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adapt Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $640,280
For more financial information, click here
What is the mission statement of Adapt Inc?
Adapt Inc's mission is centered around providing various educational and therapeutic services to the community. They specialize in drug and alcohol education, as well as counseling. In addition, they offer support for individuals affected by sexual assault, providing necessary response and counseling. Adapt Inc also focuses on mental health education and addiction disorder counseling. Their approach involves collaboration, coordination, and intervention to deliver these services effectively.
Who is the CEO of Adapt Inc?
Thomas R Fornea is the Ceo of Adapt Inc. The CEO's salary of Adapt Inc is $86,918 and their total compensation is $86,918.
What is the revenue of Adapt Inc?
Adapt Inc's revenue in 2022 was $1,469,462.
Who are the executives of Adapt Inc and what are their salaries?
The average compensation at Adapt Inc during 2022 was $32,014. There are 20 employees at Adapt Inc.
Here are 6 key members and their salaries (Adapt Inc's CEO's salary is $86,918 and their total compensation is $86,918):
- Compensation: $86,918
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Adapt Inc?
Adapt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Adapt Inc
Adapt Inc, a nonprofit organization, is committed to providing various educational and therapeutic services aimed at addressing substance abuse, sexual assault, and mental health issues. Their mission is to offer drug and alcohol education, outpatient therapy and assessments, sexual assault response, and mental health education through collaboration, coordination, and intervention. Adapt Inc works towards achieving this mission by offering substance abuse education and counseling, rape counseling, sexual assault response, and addictive disorder counseling in the local community. The organization's approach emphasizes collaboration and coordination, ensuring that individuals in need receive comprehensive and holistic support.
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Impact
July, 2024
Adapt Inc provides essential services in drug and alcohol education, outpatient therapy, assessments, sexual assault response, and mental health education in Bogalusa, Louisiana. Through their collaboration, coordination, and intervention efforts, Adapt Inc has made a significant impact on the local community by offering drug and alcohol abuse education, counseling, rape counseling, sexual assault response, and addictive disorder counseling. Their work helps individuals facing various challenges find support, resources, and guidance to navigate these sensitive issues and improve their overall well-being.
This information is meant to be a general summary of Adapt Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $92
- Program Service Revenue: $61,535
- Gross Receipts: $1,469,462
Assets and Liabilities:
- Total Assets: $726,005
- Total Liabilities: $12,722
- Net Assets: $713,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH AHEAD HEART SMART
Revenue
$20,000
DRUG SCREENING FEES
Revenue
$18,952
COUNSELING FEES
Revenue
$12,983
RENT
Revenue
$9,600
Organization Details
Founding Year
1994
Phone
(985) 732-4961Principal Officer
Thomas R Fornea
Main Address
216 MEMPHIS STREET, BOGALUSA, LA, 70427
NTEE Category
Code: P30 - Human services
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