2019-12-19T12:42:28-06:00 2019-04-30 010724563 ACM LLP 4999 PEARL EAST CIRCLE SUITE 300 BOULDER CO 80301 990 2018-05-01 841063447 ADAPTIVE SPORTS CENTER OF CRESTED BUTTE INC ADAP 9703492296 PO BOX 1639 CRESTED BUTTE CO 81224 KRISTINA KEMPIN BOARD TREASURER 9703492296 2019-12-16 1 CHRISTINE LUDWIG CPA P01230006 3034400399 38.140.185.74 2019-12-16 12:35:26 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-03-31 21:24:44Z KRISTINA KEMPIN PO BOX 1639 CRESTED BUTTE CO 81224 8144175 0 X WWW.ADAPTIVESPORTS.ORG X 1995 CO ENHANCING THE QUALITY OF LIFE OF PEOPLE WITH DISABILITIES THROUGH OUTDOOR ADVENTURE ACTIVITIES 15 15 59 245 0 0 4876239 6985732 666119 753226 18907 49955 -33783 -61419 5527482 7727494 179898 249360 0 0 1243988 1425638 0 0 357187 1102497 1211781 2526383 2886779 3001099 4840715 9986079 15317497 940663 1431366 9045416 13886131 X SEE SCHEDULE OTHE ADAPTIVE SPORTS CENTER ENHANCES THE QUALITY OF LIFE OF PEOPLE WITH DISABILITIES THROUGH EXCEPTIONAL OUTDOOR ADVENTURE ACTIVITIES. THE SUCCESSFUL PROGRAMS THE ASC PROVIDES ARE INCLUSIVE TO FAMILIES AND FRIENDS, EMPOWER OUR PARTICIPANTS IN THEIR DAILY LIVES AND HAVE A POSITIVE ENDURING EFFECT ON SELF-EFFICACY, HEALTH, INDEPENDENCE AND OVERALL WELL-BEING. 0 0 1774102 152534 534488 THE ADAPTIVE SPORTS CENTER'S WINTER PROGRAM IS A THRIVING OUTDOOR ADVENTURE PROGRAM FOR PEOPLE WITH DISABILITIES AND THEIR FAMILIES WHICH HAS EXISTED SINCE THE ORGANIZATION'S INCEPTION IN 1987. CORE ACTIVITIES INCLUDE ALPINE AND NORDIC SKIING, SNOWBOARDING AND SKI BIKING, AS WELL AS ICE CLIMBING, HUT TRIPS, AND OTHER WINTER ACTIVITIES. PROGRAMS PRIMARILY TAKE PLACE FROM NOVEMBER THROUGH APRIL AT CRESTED BUTTE MOUNTAIN RESORT AND THE SURROUNDING MOUNTAIN AREAS. 556551 96826 218738 THE ADAPTIVE SPORT CENTER'S SUMMER PROGRAMS HAVE EXISTED SINCE 1999. CORE ACTIVITIES OFFERED FOR PEOPLE WITH DISABILITIES AND THEIR FAMILIES INCLUDE CANOEING, OPEN WATER KAYAKING, WHITEWATER RAFTING, DOWNHILL MOUNTAIN BIKING, HAND CYCLING, HIKING, ROCK CLIMBING, AND A ROPES CHALLENGE COURSE. PROGRAMS TAKE PLACE FROM THE SPRING THROUGH THE FALL AT CRESTED BUTTE MOUNTAIN RESORT, IN GUNNISON COUNTY, AND THROUGHOUT COLORADO. 2330653 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 59 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X PAMELA MAESTRO 9703492296 PO BOX 1639 CRESTED BUTTE CO 81224 MARY BARRETT PRESIDENT 4.00 X X 0 0 0 EILEEN DUPRE VICE-PRESIDENT 10.00 X X 0 0 0 TINA KEMPIN TREASURER 5.00 X X 0 0 0 PATRICK WILSON SECRETARY 3.00 X X 0 0 0 MIKE JOHNSON BOARD MEMBER 6.00 X 0 0 0 BOB COLVEY BOARD MEMBER 7.00 X 0 0 0 JOE GARCIA BOARD MEMBER 3.00 X 0 0 0 LAURIE KINDEL BOARD MEMBER 3.00 X 0 0 0 DAN WRIGHT BOARD MEMBER 2.00 X 0 0 0 ROBERT DAVIS BOARD MEMBER 1.00 X 0 0 0 KIMBER FELTON BOARD MEMBER 3.00 X 0 0 0 MARGARET SMITH BOARD MEMBER 3.00 X 0 0 0 LINDA FIALKOFF BOARD MEMBER 5.00 X 0 0 0 DON HUMPHREYS BOARD MEMBER 4.00 X 0 0 0 MAUREEN STENGER BOARD MEMBER 4.00 X 0 0 0 CHRISTOPHER HENSLEY EXECUTIVE DIRECTOR 45.00 X 135319 0 15623 CHRIS READ PROGRAM DIRECTOR 45.00 X 108013 0 4728 243332 0 20351 2 0 1 0 0 1565540 99539 5320653 383229 6985732 PROGRAM INCOME WINTER 900099 369961 369961 PROGRAM INCOME SUMMER 900099 218738 218738 LOCKER REVENUE 900099 164527 164527 753226 49769 49769 98016 38892 59124 59124 59124 186 0 186 186 186 244346 1565540 377553 -133207 -133207 12900 236 12664 12664 7727494 753226 0 -11464 249360 249360 169260 101556 33852 33852 1043430 848290 35731 159409 59801 42589 6406 10806 6968 5409 377 1182 146179 102763 12651 30765 10953 4588 2294 4071 64422 35061 29361 41090 9802 21973 9315 144524 130345 7441 6738 13810 4813 8997 8707 8707 26359 26359 189165 140546 48619 172647 135130 19756 17761 CAMPS 258661 258661 WINTER PROGRAM EXPENSES 103101 103101 IN-KIND DONATIONS 64244 64244 VEHICLE/EQUIPMENT EXPEN 64142 64142 49956 5026 44930 2886779 2330653 198939 357187 15835 93013 1238337 1616911 94347 76375 7867 5649 59780 56588 14395456 1141740 4918768 13253716 3462635 205842 188510 9403 9986079 15317497 198800 846817 88279 146194 653584 438355 940663 1431366 X 3677080 13253621 5201471 454045 166865 178465 9045416 13886131 9986079 15317497 4840715 0 X X 0 1 X 1 0 X 1263488 1954005 5078605 4876239 6985732 20158069 1263488 1954005 5078605 4876239 6985732 20158069 3284907 16873162 4368 13309 16851 117693 147785 300006 605186 605186 21063261 3875255 0.80110 0.76580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 166865 11600 178465 148589 18276 166865 133489 15100 148589 114979 18510 133489 41950 73029 114979 1.00000 0 0 3660098 98862 3561236 266758 262840 3918 539084 531166 7918 9929516 248872 9680644 13253716 X 7898561 3745 416682 420427 7478134 249360 249360 7727494 3057846 3745 416682 420427 2637419 249360 249360 2886779 PART V, LINE 4: THE ADAM LOCKARD ENDOWMENT FUND WAS ESTABLISHED AS A PERMANENT ENDOWMENT FUND ON AUGUST 4, 2014. THE FUND IS ONLY TO BE USED FOR FUNDING AT-RISK YOUTH PROGRAMMING OF THE ORGANIZATION. THE CALANDRA FAMILY FUND WAS ESTABLISHED AS A PERMANENT ENDOWMENT FUND ON FEBRUARY 2, 2015. THIS FUND IS ONLY TO BE USED FOR EQUIPMENT PURCHASES OF THE ORGANIZATION. PART X, LINE 2: THE CENTER IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION. THE CENTER HAS ADOPTED THE PROVISIONS OF ASC 740-10-25 (FIN48), PERTAINING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS DETERMINED THE EFFECTS OF UNCERTAIN TAX POSITIONS ARE NOT MATERIAL TO THE ORGANIZATION FOR RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS AND, ACCORDINGLY, NO INCOME TAX LIABILITY HAS BEEN RECORDED FOR UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUND RAISING EXPENSES INCLUDED IN PART VIII LINE 8B 377,790. RENTAL EXPENSES 38,892. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 249,360. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUND RAISING EXPENSES INCLUDED IN PART VIII LINE 8B 377,790. RENTAL EXPENSES 38,892. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 249,360. CRESTED BUTTE OPEN 1589538 1352946 236592 198731 22888 22362 15500 68135 MOUNTAIN HIGH MUSIC FESTIVAL 131132 131132 37261 2 89216 81462 7754 7754 4922 1809886 1565540 244346 206485 22888 22362 15500 110318 377553 -133207 12900 236 0 12900 236 236 12664 CO 1 0 1 0 1.00000 PAMELA MAESTRO AND EMILY GIRDWOOD PO BOX 1639 CRESTED BUTTE CO 81224 0 JENNIFER READ GAMING MANAGER 0 THE GAMING MANAGER OVERSEES THE RAFFLE EVENT DURING THE EVENING OF THE CRESTED BUTTE OPEN. X 0 1 SCHOLARSHIPS 93 249360 PART I, LINE 2: INDIVIDUALS AND COMMUNITY PARTICIPANTS MUST DISCUSS THEIR FINANCIAL INFORMATION WITH THE ORGANIZATION'S PROGRAM COORDINATOR. PARTICIPANTS FILL OUT AN ONLINE QUESTIONNAIRE. REQUIRED INFORMATION INCLUDES STATEMENT OF NEED, NUMBER OF PEOPLE IN HOUSEHOLD, ANNUAL HOUSEHOLD INCOME, NUMBER OF LESSONS REQUESTED, ESTIMATED ANNUAL HEALTH CARE EXPENSE RELATED TO DISABILITY AND AMOUNT THEY CAN CONTRIBUTE. GROUP SCHOLARSHIPS ARE DETERMINED AFTER DISCUSSION WITH THE TRIP LEADER. ELIGIBILITY IS BASED ON A NEED BASIS, HONOR SYSTEM. SELECTION CRITERIA: AVAILABLE TO EVERYONE WITH FINANCIAL NEED. X X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER HENSLEY EXECUTIVE DIRECTOR 130319 0 5000 0 0 0 6400 0 9223 0 150942 0 0 0 X 14 6235 COMPARABLE COST X 2448 COMPARABLE COST X 2 143088 FAIR MARKET VALUE X 34 17451 COMPARABLE COST X TRAVEL & ENT 263 183061 COMPARABLE COST X EQUIP/SUPPLIES 24 23623 COMPARABLE COST X HOUSEHOLD ITEMS 17 3694 COMPARABLE COST X JEWELRY 6 3629 COMPARABLE COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS AND APPROVES AN ELECTRONIC VERSION OF THE 990 BEFORE THE RETURN IS SENT TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN REVIEWS AND APPROVES THE ELECTRONIC VERSION OF THE 990 BEFORE THE RETURN IS FILED WITH THE IRS. AN OFFICER OF THE ORGANIZATION SIGNS THE 990. FORM 990, PART VI, SECTION B, LINE 12C AS AN EMPLOYEE, YOU ARE EXPECTED TO ACT AT ALL TIMES IN THE ASC'S BEST INTERESTS AND TO EXERCISE SOUND JUDGMENT UNCLOUDED BY PERSONAL INTERESTS OR DIVIDED LOYALTIES. BOTH IN PERFORMING YOUR DUTIES AT THE ASC AND IN YOUR OUTSIDE ACTIVITIES, YOU SHOULD AVOID A CONFLICT OF INTEREST AND THE APPEARANCE OF A CONFLICT OF INTEREST. A CONFLICT OF INTEREST EXISTS IF YOUR CIRCUMSTANCES WOULD LEAD A REASONABLE PERSON TO QUESTION WHETHER YOUR INTERESTS AND LOYALTIES ARE ALIGNED WITH THE ASC'S BEST INTERESTS. IF, FOR EXAMPLE, YOU ARE INVOLVED IN AN OUTSIDE ACTIVITY OR HAVE A FINANCIAL OR OTHER PERSONAL INTEREST THAT MIGHT INTERFERE WITH YOUR OBJECTIVITY IN PERFORMING YOUR DUTIES AND RESPONSIBILITIES FOR ASC, YOU POTENTIALLY MAY HAVE A CONFLICT OF INTEREST. IN CASES OF POTENTIAL CONFLICT OF INTEREST, EMPLOYEES MUST ACT TO PRESERVE AND ENHANCE THE INTERESTS OF THE ASC BY PUTTING THE INTERESTS OF THE ORGANIZATION AHEAD OF ALL OTHER BUSINESS AND PERSONAL INTERESTS. IF YOU ARE CONCERNED THAT YOU HAVE A CONFLICT OF INTEREST, OR IF YOU ARE UNCERTAIN IF YOU HAVE A CONFLICT OF INTEREST, YOU SHOULD NOTIFY YOUR SUPERVISOR IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT AND ORGANIZATIONAL AFFAIRS COMMITTEE GIVE AN ANNUAL PERFORMANCE AND COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR USING COMPARABLE DATA AND CONTEMPORANEOUS SUBSTANTIATION. THE EXECUTIVE DIRECTOR GIVES AN ANNUAL PERFORMANCE AND COMPENSATION REVIEW TO ALL KEY EMPLOYEES OF THE ORGANIZATION USING COMPARABLE DATA AND CONTEMPORANEOUS SUBSTANTIATION. THE LAST REVIEW OF KEY EMPLOYEE COMPENSATION OCCURRED IN MAY 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST. IT IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE AND OTHER WEBSITES SUCH AS GUIDESTAR AND CHARITY NAVIGATOR. FORM 990 PART XII LINE 2C THE ORGANIZATION DID NOT CHANGE THE AUDIT OVERSIGHT OR SELECTION PROCESSES DURING THE YEAR.