Woven Papyrus Adoption Project Inc
- Assets
- $15.9k
- Revenue
- $98.4k
- Investments
- $0.0
- Employees
- 2
- Location
- High Point, NC
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-4663330
Organization Overview
Woven Papyrus Adoption Project Inc is located in High Point, NC. The organization was established in 2019. 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, Woven Papyrus Adoption Project Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woven Papyrus Adoption Project 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 12/2022, Woven Papyrus Adoption Project Inc generated $98.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $319.8k during the year ending 12/2022. 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
WOVEN PAPYRUS ADOPTION PROJECT BELIEVES THAT FINANCES SHOULD NEVER BE AN OBSTACLE FOR A FAMILY DESIRING TO CHANGE A CHILD'S LIFE THROUGH ADOPTION. WE PROVIDE THE PLATFORM, RESOURCES, AND SUPPORT NEEDED TO ENABLE EFFECTIVE ADOPTION FUNDRAISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOVEN PAPYRUS ADOPTION PROJECT, INC. PROVIDES A PLATFORM AND SUPPORT FOR ADOPTION COST FUNDRAISING. SERVICES ARE PROVIDED TO WORK WITH INDIVIDUAL FAMILIES AS THEY CREATE A FUNDRAISING STRATEGY THAT MEETS THEIR FUNDRAISING GOALS. EACH WOVEN FAMILY IS GIVEN AN ONLINE CUSTOMIZABLE FUNDRAISING PAGE WHERE THEY CAN COMMUNICATE WITH POTENTIAL DONORS AS WELL AS TELL THEIR STORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Lester Founder | OfficerTrustee | 2 | $0 |
Tim Tangen Co-Founder | OfficerTrustee | 2 | $0 |
Martin Robert Rowell Director Of Finance | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,397 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,397 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| 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 | $98,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $268,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,911 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10 |
| Office expenses | $98 |
| Information technology | $12,325 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $734 |
| Insurance | $0 |
| All other expenses | $2,372 |
| Total functional expenses | $319,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,698 |
| Pledges and grants receivable | $174 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,872 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $13,570 |
| Net assets with donor restrictions | $2,302 |
| 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 | $15,872 |