Adopt America Network
- Assets
- $967.3k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 33
- Location
- Toledo, OH
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 34-1396924
Organization Overview
Adopt America Network is located in Toledo, OH. The organization was established in 1983. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Adopt America Network employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adopt America Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Adopt America Network generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PLACEMENT OF CHILDREN FROM U.S. FOSTER CARE INTO ADOPTIVE HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RECEIVED A NUMBER OF REFERRALS, PLACED 32 CHILDREN FROM U.S. FOSTER CARE INTO ADOPTIVE HOMES, RECRUITED 819 FAMILIES (PROSPECTIVE ADOPTIVE FAMILIES), AND REGISTERED 33 NEW CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Spoerl President | Officer | 40 | $96,757 |
Matthew Armstrong Chair | OfficerTrustee | 1 | $0 |
Nick Cherry Past Chair | OfficerTrustee | 1 | $0 |
Brendan Karchner Treasurer | OfficerTrustee | 1 | $0 |
Kelly Oliver Secretary | OfficerTrustee | 1 | $0 |
Dan Silvers Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $11,253 |
| Membership dues | $0 |
| Fundraising events | $38,325 |
| Related organizations | $8,165 |
| Government grants | $389,442 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,069,708 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,516,893 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,565 |
| Net Income from Gaming Activities | $13,100 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,580,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,757 |
| Compensation of current officers, directors, key employees. | $14,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $625,847 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,813 |
| Payroll taxes | $57,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,191 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,621 |
| Travel | $20,032 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $350 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,127 |
| Insurance | $21,733 |
| All other expenses | $29,471 |
| Total functional expenses | $1,035,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,558 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $297,300 |
| Accounts receivable, net | $156,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,608 |
| Net Land, buildings, and equipment | $25,695 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $967,268 |
| Accounts payable and accrued expenses | $2,530 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $64,430 |
| Total liabilities | $66,960 |
| Net assets without donor restrictions | $430,968 |
| Net assets with donor restrictions | $469,340 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $967,268 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Adopt America Network has recieved totaling $992,100.
| Awarding Organization | Amount |
|---|---|
Dave Thomas Foundation For Adoption Dublin, OH PURPOSE: WENDY'S WONDERFUL KIDS GRANTS | $904,600 |
Toledo Community Foundation Toledo, OH PURPOSE: LOVE AND LUGGAGE, GENERAL SUPPORT, LOVE AND LUGGAGE, FAMILIES FOR KIDS | $32,500 |
Designetics Care Foundation Holland, OH PURPOSE: GENERAL PURPOSES | $25,000 |
Chc Creating Healthier Communities Alexandria, VA PURPOSE: RESEARCH/PUBLICEDUCATION | $14,314 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $9,000 |
Lanterman Foundation Spokane, WA PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS CHARITABLE PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kinnect Cleveland, OH | $1,973,106 | $10,701,974 |
Heartbeat International Inc Columbus, OH | $3,966,225 | $7,256,822 |
Loving Shepherd International Services And Foundation Inc Bluffton, IN | $8,964,862 | $6,717,306 |
Adoptions From The Heart Inc Wynnewood, PA | $4,106,626 | $4,132,540 |
Lutheran Adoption Services Inc Detroit, MI | $2,453,871 | $3,808,020 |
Adoption And Foster Care Specialist Inc Swartz Creek, MI | $2,643,450 | $3,544,160 |
Hands Across The Water Inc Ann Arbor, MI | $1,450,759 | $3,266,574 |
Childrens Aid Home Programs Of Somerset County Inc Somerset, PA | $454,918 | $3,534,315 |
Three Rivers Adoption Council Pittsburgh, PA | $2,802,890 | $3,351,442 |
Hoping Hearts Foundation Inc Waynesville, OH | $3,389,539 | $3,262,277 |
Adoption Option Inc Midland, MI | $1,274,352 | $2,305,089 |
Adoption Connection Pa Beaver, PA | $2,468,328 | $2,346,082 |