Adoption Is An Option Llc
- Assets
- $7.6m
- Revenue
- $4.0m
- Investments
- $183.4k
- Employees
- 0
- Location
- Houston, TX
- Founding
- Data as of
- 12/2021
- EIN
- 85-3356833
Organization Overview
Adoption Is An Option Llc is located in Houston, TX. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adoption Is An Option Llc 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, Adoption Is An Option Llc generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $513.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND DISTRIBUTION OF MATERIALS TO INCREASE AWARENESS AND EDUCATE THE PUBLIC REGARDING THE RESOURCES FOR, AND BENEFITS OF CHOOSING ADOPTION TO ENCOURAGE MORE THOUGHTFUL CONSIDERATION OF THE ADOPTION OPTION. THE FOUNDATION PRODUCES ONLINE CONTENT TO IMPROVE ACCESS TO INFORMATION AND SUPPORT FOR PRIVATE INFANT ADOPTION.
OPT INSTITUTE RESEARCH INITIATIVES, FOCUSED ON ADOPTION ADVOCACY, SPONSORS STATISTICAL AND ANECTDOTAL DOCUMENTATION TO BETTER UNDERSTAND PERCEPTIONS AND EXPECTATIONS RELATED TO ADOPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Knox Director & Vice President | 1 | $0 | |
Cynthia Seligmann Director & Secretary | 1 | $0 | |
John Knox Jr Director & President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,008,296 |
| Interest on Savings | $10 |
| Dividends & Interest | $1,087 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1 |
| Capital Gain Net Income | $1 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,009,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53,528 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $58,673 |
| Printing and publications | $0 |
| Other expenses | $259,276 |
| Total operating and administrative expenses | $380,986 |
| Contributions, gifts, grants paid | $132,500 |
| Total expenses and disbursements | $513,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $994,724 |
| Savings and temporary cash investments | $6,461,854 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $183,391 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,431 |
| Total assets | $7,641,400 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Adoption Is An Option Llc has awarded $132,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Franklin, TN PURPOSE: SUPPORT FOR "Q IDEAS" CULTURAL ISSUES DISCUSSION PLATFORM REGUARDING FOSTER CARE AND ADOPTION | $25,000 |
NEW LIFE ADOPTIONS PURPOSE: PREGNANCY SUPPORT SERVICES AND ADOPTION PLACEMENT | $25,000 |
McLean, VA PURPOSE: SUPPORT OF CHRISTIAN IMPACT SERVICES FOR ORPHANS AND CHILDREN IN FOSTER CARE | $20,000 |
HOUSTON PREGNANCY HELP CENTER PURPOSE: SUPPORT FOR FREE AND CONFIDENTIAL PREGNANCY SUPPORT SERVICES | $20,000 |
Alexandria, VA PURPOSE: SUPPORT TO FACILITATE ADOPTIONS & TRAIN ADOPTION PROCESS PROFESSIONALS | $20,000 |
Spring, TX PURPOSE: PREGNANCY COUNSELING AND MEDICAL SERVICES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
A W Brown Fellowship Charter School Dallas, TX | $30,956,629 | $16,396,987 |
Friends Of The Children - Austin Austin, TX | $6,529,218 | $5,453,218 |
Big Buddy Program Baton Rouge, LA | $655,295 | $2,378,128 |
Leadership Isd Dallas, TX | $319,696 | $748,587 |
John Smithwick Ministries International Catoosa, OK | $2,166,254 | $1,466,481 |
Prounitas Inc Houston, TX | $3,146,434 | $1,879,714 |
Forerunner Fund Dallas, TX | $667,259 | $887,365 |
Kalman & Ida Wolens Fdn Plano, TX | $7,271,033 | $279,055 |
Adoption Is An Option Llc Houston, TX | $7,641,400 | $4,009,394 |
House Of Shiloh Family Services Arlington, TX | $391,802 | $333,920 |
Mission Squash Of Houston Houston, TX | $300,557 | $472,472 |
New Heights Christian School Bentonville, AR | $442,815 | $190,023 |