Adapt INC FY2022 filing

EIN 72-1274844 Public charity (501(c)(3)) Bogalusa, LA NTEE P30
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Revenue & expenses by yearFY2020–FY2025
Revenue
$1.4M
FY2022▲ +13%
Expenses
$1.4M
FY2022▲ +14%

Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).


Offers drug and alcohol education, therapy, and mental health support. For fiscal year 2022 it reported $1.4M in revenue, $1.4M in expenses, and $648K in net assets.Pt I

Founded
1994
Type
Public charity (501(c)(3)) · Human Services
Location
Bogalusa, LA
Website
www.adaptwp.org
Filings
6 on file (2020–2022)
Revenue
$1.4MFY2022
Expenses
$1.4M
Net assets
$648K
People
12
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/14/26 · see original: IRS
Provided by the organization

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Size
$1–10M
What they do
Offers drug and alcohol education, therapy, and mental health support.
Leadership
Thomas R Fornea · CEO · $87K
Money in and out
$1.4M revenue, $1.4M expenses

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Yes — filed FY2025

Details →

Foundation funders?

good 1 funder — Louisiana Foundation Against Sexual Assault INC

$136K in the latest grant year. Details →

Spent on programs?

good 103% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$1–10M

↑ +13% vs prior year Details →

Where the money goes · FY2022
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$648K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $1.03

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Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Total assets
$661K
FY2022▲ +2%
Total liabilities
$13K
FY2022▲ +149%
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$661K
Program-expense ratioPt IX · col B103%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CAdapt INC
EINHdr · item D72-1274844
Principal addressHdr · item CBogalusa, LA
WebsiteHdr · item Jwww.adaptwp.org
Year of formationHdr · item L1994
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFJul 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$86,918Pt VII · Sec A
$86,918Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Thomas R Fornea’s $95K as CEO is at the 31st percentile of top reported officer pay among 3869 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2020
Thomas R Fornea$95,377$86,918$81,726

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $2.7M of program spending, described in the organization's own filed words · FY2022.
01

Provided drug and alcohol abuse education and counseling, rape counseling, sexual assault response and addictive disorder counseling in the local community.

$1.4Mprogram expense
02

Provided drug and alcohol abuse education and counseling, rape counseling, sexual assault response and addictive disorder counseling in the local community.

$1.4Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.4M · 103%
Program service revenue$62K · 4%
Contributions & grants103%$1.4M
Program service revenue4%$62K
Investment income$92
— government grantsLn 1e$1.4M
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.03
Program services103%$1.4M
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$211K
Total assetsLn 16$661K
Total liabilitiesLn 26$13K
Total net assetsLn 32$648K
Months of cash on handcomputed1.9

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$136K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.6M revenue · ⤓ 990 PDF
FY2024$1.9M revenue · ⤓ 990 PDF
FY2023$1.8M revenue · ⤓ 990 PDF
FY2022$1.4M revenue · viewing · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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