Inheritance Adoptions
- Assets
- $393.0k
- Revenue
- $257.3k
- Investments
- $0.0
- Employees
- 8
- Location
- Wichita Falls, TX
- Founding
- 11/1992
- Data as of
- 09/2021
- EIN
- 75-2433316
Organization Overview
Inheritance Adoptions is located in Wichita Falls, TX. The organization was established in 1992. According to its NTEE Classification (I72) the organization is classified as: Child Abuse Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 09/2021, Inheritance Adoptions employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inheritance Adoptions 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 09/2021, Inheritance Adoptions generated $257.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $218.3k during the year ending 09/2021. 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
PROVIDES AN ALTERNATIVE TO ABORTION BY PLACING BABIES IN SAFE STABLE AND LOVING ADOPTIVE HOMES; PROVIDES 24-HR CALL SERVICES AND COUNSELING TO WOMEN REGARDING PREGNANCY PRENATAL CARE AND PARENTING; PROVIDES SERVICES TO PREGNANT MOTHERS WHO WISH TO RAISE THEIR BABIES AND CONNECTS THEM TO OTHER COMMUNITY AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES COUNSELING TO PREGNANT WOMEN AND MOTHERS REGARDING PRENATAL AND PARENTING ISSUES TO ASSIST MOTHERS IN MAKING THE BEST DECISIONS FOR THEIR CHILDREN. THE ORGANIZATION ASSISTS MOTHERS WITH MEDICAL COSTS TRANSPORTATION TO AND FROM MEDICAL APPOINTMENTS FOOD TOILETRIES DIAPERS AND BABY SUPPLIES AND LIVING EXPENSES. FOR BIRTH PARENTS WHO CHOOSE ADOPTION THE ORGANIZATION PLACES CHILDREN IN SAFE STABLE AND LOVING ADOPTIVE HOMES. THE ORGANIZATION RECEIVES ADOPTION FEES FROM ADOPTIVE PARENTS INCLUDING APPLICATION FEES HOME STUDY FEES AND PLACEMENT FEES. FOR BIRTH PARENTS WHO CHOOSE TO RAISE THEIR BABIES THE ORGANIZATION PROVIDES THEM WITH COUNSELING AND CONNECTS THEM WITH OTHER COMMUNITY AGENCIES. THE ORGANIZATION IS A PROVIDER THROUGH THE TEXAS PREGNANCY CARE NETWORK. FOR THE TAX YEAR ENDED SEPTEMBER 30 2021 THE ORGANIZATION WORKED WITH AND PROVIDED SERVICES TO 80 PARENTS AND PLACED 2 BABIES IN ADOPTIVE HOMES.
THE ORGANIZATION CONDUCTS EDUCATIONAL AWARENESS PROGRAMS TO PROMOTE ADOPTION AWARENESS AND TO EDUCATE PREGNANT WOMEN REGARDING THEIR OPTIONS. THIS INCLUDES EDUCATIONAL PROGRAMS FOR PREGNANT WOMEN PRESENTATIONS TO COMMUNITY GROUPS AND ADVERTISING CAMPAIGNS TO PUBLICIZE THE OPTION AND BENEFITS OF ADOPTION TO THE GENERAL PUBLIC. COSTS INCLUDE MATERIALS THAT THE ORGANIZATION PREPARES AND DISTRIBUTES AS WELL AS COSTS ASSOCIATED WITH ADVERTISING CAMPAIGNS INCLUDING BILLBOARDS PUBLICATIONS AND SOCIAL MEDIA ADVERTISING COSTS. FOR THE YEAR ENDED SEPTEMBER 30 2021 THE ORGANIZATION CONDUCTED THREE EDUCATION PROGRAMS VIA ZOOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Howard Executive Director | Officer | 30 | $72,051 |
Amanda Hansen President Director | OfficerTrustee | 1 | $0 |
Will Clarke Vice President Director | OfficerTrustee | 1 | $0 |
Miranda Harvey Treasurer Director | OfficerTrustee | 1 | $0 |
Carrie Anne Taylor Director | OfficerTrustee | 1 | $0 |
Rafael Perez Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,844 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,675 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,519 |
| Total Program Service Revenue | $51,164 |
| Investment income | $2,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$764 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,020 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,055 |
| Compensation of current officers, directors, key employees. | $11,408 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,734 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $718 |
| Payroll taxes | $8,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $1,058 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,092 |
| Office expenses | $8,112 |
| Information technology | $1,286 |
| Royalties | $0 |
| Occupancy | $9,208 |
| Travel | $2,739 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $805 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,134 |
| Insurance | $7,788 |
| All other expenses | $0 |
| Total functional expenses | $218,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,489 |
| Savings and temporary cash investments | $208,818 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,886 |
| 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 | $111,777 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $392,970 |
| Accounts payable and accrued expenses | $2,566 |
| 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 | $0 |
| Total liabilities | $2,566 |
| Net assets without donor restrictions | $390,404 |
| 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 | $392,970 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Inheritance Adoptions has recieved totaling $106,509.
| Awarding Organization | Amount |
|---|---|
Priddy Foundation Wichita Falls, TX PURPOSE: HEALTHY BEGINNINGS PROGRAM SUPPORT 2020-2021 | $25,000 |
James N Mccoy Foundation Wichita Falls, TX PURPOSE: GENERAL OPERATIONS. | $25,000 |
James N Mccoy Foundation Wichita Falls, TX PURPOSE: GENERAL OPERATIONS | $25,000 |
Bryant Edwards Foundation Inc Wichita Falls, TX PURPOSE: OPERATING BUDGET | $10,000 |
J S Bridwell Foundation Wichita Falls, TX PURPOSE: OPERATING BUDGET | $10,000 |
Fain Foundation Wichita Falls, TX PURPOSE: OPERATING BUDGET | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Advocacy Centers Of Texas Inc Austin, TX | $26,857,402 | $69,543,634 |
Serving Children And Adults In Need Inc Laredo, TX | $7,071,986 | $13,466,914 |
El Centro De Corazon Houston, TX | $8,799,873 | $11,545,074 |
Childrens Assessment Center Foundation Houston, TX | $44,841,720 | $7,558,002 |
Childrens Coalition For Northeast Louisiana Monroe, LA | $3,548,370 | $6,995,455 |
Childrens Advocacy Center For Denton County Inc Lewisville, TX | $11,353,206 | $7,189,497 |
Mainland Childrens Partnership Texas City, TX | $6,684,918 | $8,478,338 |
Children At Risk Inc Houston, TX | $2,179,872 | $3,298,856 |
Montgomery County Childrens Advocacy Center Conroe, TX | $4,493,135 | $3,137,312 |
Childrens Advocacy Center Of Smith County Tyler, TX | $5,745,002 | $5,115,850 |
Williamson County Childrens Advocacy Center Inc Round Rock, TX | $2,037,242 | $2,162,805 |
Childrens Advocacy Network Inc Alexandria, LA | $2,759,398 | $2,603,307 |