Adams Revitalization Committee Inc
Nonprofit profile at a glance
- EIN
- 452990866
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Adams, NY, USA
- Phone
- 3152863222
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $39,519
- Expenses
- $31,523
- Assets
- $35,300
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- Patricia Pfeil (Chair)
- Nancy Murphy (Secretary)
- David Zembiec (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To make the Adams community a more attractive place in which to live and do business by engaging area residents and businesses in events and activities that: 1) improve the appearance of the community; 2) promote community pride; 3) support the local economy; and 4) enhance the community's quality of life.
What it reported doing in 2025
Our third largest program in 2025 was the annual summer concert series. This features a series of free Wednesday night concerts at the village gazebo. The event brings community members together to socialize and to enjoy a variety of local musical talent. The 5 concerts had total attendance of approximately 700 people (generally 100-150 people per concert).
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 86.2%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.2%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.12; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 64.3% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -98.4% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 25.5% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 86.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $27K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.