Adp Development Corporation

Nonprofit profile at a glance

EIN
731666295
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2010, Form 990-EZ 2024, Form 990-N 2018
Location
Anchorage, AK, USA
Phone
9072795650
Rating confidence
Limited
Sector
Real Estate Associations

Reported finances

Revenue
$53,091
Expenses
$34,967
Assets
$395,822

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

People named in this filing

  • RADHIKA KRISHNA (EXECUTIVE DI)
  • LARRY MICHAEL (CHAIR)
  • MICHELLE KLOUDA (PAST PRESIDE)

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 hold title to property, maintain property, collect rent, and to distribute net income.

What it reported doing in 2024

Adp development corporation has a large inventory of equipment available to rent for events and other needs. Rental costs include set-up and take-down during normal operations hours, and adp members receive a discount on rentals.

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 34.1%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 11.32; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -26.4% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 18 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • 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: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.