Adaptive Surf Project
Nonprofit profile at a glance
- EIN
- 465503293
- IRS 990-EZ coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024, Form 990-N 2019
- Location
- North Myrtle Beach, SC, US
- Phone
- (843) 443-5153
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $146,613
- Expenses
- $120,342
- Assets
- $176,428
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- LUTHER SHARP (PRESIDENT)
- BROCK JOHNSON (VICE PRESIDENT)
People named in this filing
- VANN HORN (BOARD MEMBER)
- REBECCA CARTER (BOARD MEMBER)
- RYAN PATTERSON (BOARD MEMBER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To help more friends experience the thrill of walking on water.
What it reported doing in 2024
To take individuals with disabilities surfing and to increase beach accessibility.
Operating model
- Revenue model
- Donor-supported. 81% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 100
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.8%; rating input score 66
- Program expense ratio: 80.1%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 17.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 71.4% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 39.5% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 33.6% per year; rating input score 100; 89th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 65.8% of revenue deployed · 80.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $96K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.