Adaptiv Inc
Nonprofit profile at a glance
- EIN
- 823015294
- IRS 990 coverage
- 2019–2022
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2022, Form 990-N 2018
- Location
- Beverly, MA, USA
- Phone
- 5089329706
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $361,160
- Expenses
- $448,032
- Assets
- $173,770
- Liabilities
- $1,467
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
2 people listed
Highest reported compensation
- ROBERT FRENI (MANAGING DIRECTOR): $99,000 total reported compensation
- ABBY GORDON (DIRECTOR OF DESIGN): $99,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to reduce inequality by providing access to high-quality planning and architecture services in emerging communities across the globe. We promote sustainable community development by employing a community-centric, collaborative methodology of research and design thinking, to problem solve and develop resilient solutions in partnership with the organizations and communities we serve.
What it reported doing in 2022
Planning and architecture services to emerging communities across the globe
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 84
- Accountability: 10
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -24.1%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 44.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: -13.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -16.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 7 operating locations identified
- Where the money goes: 100% of revenue deployed · 89.3% of spending went to programs
- Governance: 0 of 3 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $400K in reported program spending
- Leadership: top reported pay $99K · 2 people listed
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2019 to 2022
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 8 not reported.
- High — Sustainability: Operating margin scored 13/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.