Adirondack1000 Islands Sports & Events Commission Inc
Nonprofit profile at a glance
- EIN
- 222861424
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2017, Form 990-N 2012
- Location
- Lake Placid, NY, USA
- Phone
- 5182496706
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,971,952
- Expenses
- $1,660,903
- Assets
- $823,572
- Liabilities
- $1,176,275
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- JAMES MCKENNA (CHAIR)
- MARTINA LUSSI (SECRETARY)
- JOHN B HUTTLINGER JR (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To educate, promote, encourage, foster, and enhance the public's knowledge and interest in national and international sports competitions and concepts; to provide aid and assistance in social, volunteer, and business ways to national and international amateur athletics; to centralize national and international sports management, volunteerism, and other support services for the adirondack north country region; to encourage and support the growth of the regional economy with sustainable employmentand business opportunities by bolstering our sports heritage both nationally and globally; and to encourage and support friendly competition, growth, and learning experience for athletes of all ages and nationalities.
What it reported doing in 2024
The commission strives to develop and promote sporting events in the adirondack mountain and 1000 island region of New York state for the purpose of expanding the year round economic opportunities of the area and to increase public interest in sporting events. The commission's current efforts are to develop and promote regional and international sports activities and events and spur upgrades of the regional infrastructure including conducting the 2023 world university winter games; conducting the 2024 international ice hockey federation women's world chmapionships; conducting the annual empire state winter games; conducting various amateur sports events in the north country of New York state
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 86
- Accountability: 82
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.9%; rating input score 69
- Program expense ratio: 81.8%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.8%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 1.43; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 21.8% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 27.7% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 24.9% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 68.9% of revenue deployed · 81.8% of spending went to programs
- Governance: 7 of 7 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $1.4M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Highest-paid contractors: 2 contractors listed · $255K reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 7 filing years from 2018 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 3/100.