Saint Mary International Adoptions Incoporated
- Assets
- $93.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Charlotte, NC
- Founding
- 01/2007
- Data as of
- 12/2022
- EIN
- 56-2251578
Organization Overview
Saint Mary International Adoptions Incoporated is located in Charlotte, NC. The organization was established in 2007. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2022, Saint Mary International Adoptions Incoporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Mary International Adoptions Incoporated 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 12/2022, Saint Mary International Adoptions Incoporated generated $178.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $185.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ADOPTION SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vesselina Ratcheva CEO | 40 | $52,000 | |
Donna Dolniak Director | 2 | $0 | |
Bilyana Slavcheva Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $178,002 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,002 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $105,910 |
| Professional fees and other payments to independent contractors | $3,403 |
| Occupancy, rent, utilities, and maintenance | $17,120 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,768 |
| Total expenses | $185,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,956 |
| Other assets | $0 |
| Total assets | $92,956 |
| Total liabilities | $8,000 |
| Net assets or fund balances | $84,956 |