Adopteebridge
- Assets
- $66.1k
- Revenue
- $112.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Arden Hills, MN
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-3793522
Organization Overview
Adopteebridge is located in Arden Hills, MN. The organization was established in 2019. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Adopteebridge employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adopteebridge 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, Adopteebridge generated $112.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $98.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 4 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT TRANSRACIAL AND TRANSNATIONAL ADOPTEES AS THEY EXPLORE THEIR IDENTITY, BIRTHLAND, AND ADOPTION STORIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIRTHLAND TOURS TO KOREA. SUPPORTS KOREAN ADOPTEES WHO WISH TO EXPLORE THEIR FAMILY CONNECTIONS AND CONNECTIONS TO THE LAND AND CULTURE OF THEIR BIRTH BY LEADING TOURS AND SUPPORTING THEM AS THEY EXPLORE THEIR PERSONAL STORY. DUE TO COVID AND US GOVERNMENT DO NOT TRAVEL ADVISORY, WE CANCELED OUR SUMMER TOURS AND HELD ONLY ONE TOUR IN THE FALL
MENTORSHIP PROGRAM (OURROOTS). A GROUP OF YOUTH MENTEES AND ADULT MENTORS, ALL OF WHOM ARE TRANSRACIAL/TRANSNATIONAL ADOPTEES, GATHER FOR SOCIAL ACTIVITIES AND DISCUSSIONS OF INTEREST TO THEM.
OURHISTORY SUPPORT GROUP FOR TRANSRACIAL AND TRANSNATIONAL ADULTS. THIS GROUP BECAME MORE DIVERSE RACIALLY WHICH WAS ONE OF OUR GOALS. IT MOVED TO A VIRTUAL FORMAT DUE TO THE PANDEMIC. THAT OPENED IT TO PEOPLE FORM OTHER PARTS OF THE COUNTRY, BUT THE RELATIONSHIP BUILDING WAS NOT AS GOOD. AS WITH THE YOUTH, THE PARTICIPANTS REALLY NEEDED A "PLACE" (EVEN IF VIRTUAL) TO SHARE FRUSTRATIONS AND PAIN, AND RECEIVE SUPPORT FROM OTHERS. WE HOSTED ONE IN-PERSON WEEKEND RETREATS WITH HEALING AS THE PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Heimann CEO | Officer | 15 | $4,459 |
Danielle Mikowic Director, President | Trustee | 1 | $0 |
Adam Wetterlin Director, Secretary | Trustee | 2 | $0 |
Ben Jahnke Director, Treasurer | Trustee | 0.5 | $0 |
Eric Martin Director | Trustee | 0 | $0 |
Sarah Cook Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | -$6,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,805 |
| Total Program Service Revenue | $107,980 |
| 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 | $112,785 |
| 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. | $4,459 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $138 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $556 |
| Office expenses | $1,819 |
| Information technology | $2,330 |
| Royalties | $0 |
| Occupancy | $85 |
| Travel | $3,521 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $74 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,140 |
| All other expenses | $0 |
| Total functional expenses | $98,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,051 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $11,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,051 |
| Accounts payable and accrued expenses | -$600 |
| 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 | $11,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $848 |
| Total liabilities | $11,248 |
| Net assets without donor restrictions | $0 |
| 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 | $54,803 |
| Total liabilities and net assets/fund balances | $66,051 |