A Bond Of Love Adoption Agency Inc
- Assets
- $503.4k
- Revenue
- $374.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Sarasota, FL
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 65-0307813
Organization Overview
A Bond Of Love Adoption Agency Inc is located in Sarasota, FL. The organization was established in 1997. 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, A Bond Of Love Adoption Agency Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Bond Of Love Adoption Agency Inc 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, A Bond Of Love Adoption Agency Inc generated $374.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $258.6k during the year ending 12/2021. 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
ABL IS A NON-PROFIT, LICENSED CHILD-PLACING AGENCY THAT OFFERS A UNIQUE BLEND OF ADOPTION SERVICES TO MEET THE GROWING NEEDS OF BIRTH PARENTS AND PROSPECTIVE ADOPTIVE COUPLES. THE FULL SPECTRUM OF SERVICES AVAILABLE THROUGH AN ADOPTION AGENCY, COMBINED WITH THE FLEXIBILITY TRADITIONALLY ASSOCIATED WITH INDEPENDENT ATTORNEY PLACEMENTS, PROVIDE FOR PERSONAL FREEDOM AND CHOICES FOR ALL MEMBERS OF THE ADOPTION TRIAD. ABL PERFORMS A COMPREHENSIVE HOME STUDY. THIS IN-DEPTH PROCESS PROVIDES AS MUCH MEDICAL BACKGROUND AND SOCIAL HISTORY ON THE BIRTHPARENTS AS POSSIBLE. IN ADDITION, THE PROCESS THOROUGHLY SCREENS ALL PROSPECTIVE ADOPTIVE HOMES TO ENSURE THEIR SUITABILITY FOR THE PLACEMENT OF THE CHILD. AS A LICENSED CHILD-PLACING AGENCY, ABL IS ABLE TO PLACE CHILDREN WITH ADOPTIVE FAMILIES RESIDING THROUGHOUT THE UNITED STATES. IN ADDITION, ABL CAN WORK WITH BIRTH FAMILIES LOCALLY AND ON A NATIONAL BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXTENSIVE COUNSELING FOR BIRTHPARENTS FROM FIRST CONTACT IS PROVIDED, PLUS TRANSPORTATION (AND COUNSELOR ASSISTANCE) FOR BIRTHMOTHERS, FINANCIAL ASSISTANCE FOR BIRTHMOTHERS (I.E. FOOD, UTILITIES, CLOTHING.), COUNSELING, CHILDCARE TRAINING AND OTHER LEGAL ISSUES FOR THE ADOPTING FAMILIES. IN 2021, THE ORGANIZATION ASSISTED IN 12 ADOPTIONS AND HELPED 17 BIRTHMOTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Carey Executive Director | Officer | 40 | $57,492 |
Jackie Hester Chairperson | OfficerTrustee | 1 | $0 |
Stacy Clippard Director | Trustee | 1 | $0 |
Curt Eskew Director | Trustee | 1 | $0 |
Emily Torres Director | Trustee | 1 | $0 |
Peter Nabor Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,536 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,955 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,491 |
| Total Program Service Revenue | $305,614 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $374,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,926 |
| Grants and other assistance to domestic individuals. | $7,956 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,492 |
| Compensation of current officers, directors, key employees. | $17,248 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,901 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,587 |
| Payroll taxes | $9,397 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,600 |
| Fees for services: Accounting | $5,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,574 |
| Advertising and promotion | $10,132 |
| Office expenses | $8,284 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,396 |
| Travel | $869 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,071 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $400 |
| Insurance | $3,591 |
| All other expenses | $0 |
| Total functional expenses | $258,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $466,365 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,411 |
| 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 | $0 |
| Net Land, buildings, and equipment | $434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,232 |
| Total assets | $503,442 |
| Accounts payable and accrued expenses | $2,735 |
| 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 | $27,168 |
| Total liabilities | $29,903 |
| Net assets without donor restrictions | $473,539 |
| Net assets with donor restrictions | $0 |
| 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 | $503,442 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that A Bond Of Love Adoption Agency Inc has recieved totaling $10,640.
| Awarding Organization | Amount |
|---|---|
Promise 686 Inc Peachtree Corners, GA PURPOSE: Adop. Assistance | $5,440 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $5,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeline Childrens Services Inc Birmingham, AL | $5,315,386 | $13,427,614 |
Kids To Love Foundation Madison, AL | $5,050,870 | $4,234,902 |
Intercountry Adoption Accreditation And Maintenance Entity Inc Gainesville, FL | $1,092,910 | $1,866,181 |
Open Door Adoption Agency Inc Thomasville, GA | $2,770,172 | $1,438,862 |
Advocates For Children And Families Inc North Miami Beach, FL | $763,957 | $1,295,954 |
A Chosen Child Inc Orlando, FL | $237,045 | $927,198 |
The Family Enrichment Center Inc Tampa, FL | $318,381 | $716,501 |
Adoption Advocates Inc Largo, FL | $1,140,700 | $554,860 |
Covenant Care Services Inc Macon, GA | $774,680 | $747,583 |
The Adoption Authority Inc St Simons Island, GA | $377,825 | $522,766 |
Adoption Life Inc Jacksonville, FL | $0 | $517,016 |
Children Of The World Inc Fairhope, AL | $743,453 | $579,461 |