Overview
What is Adoption Resource Center?
Adoption Resource Center, situated in Cherry Hill, New Jersey, is a dedicated nonprofit organization that specializes in adoption services. Their primary mission is to offer a comprehensive range of adoption-related support to birth families, children, and adoptive families. By providing these services, the center aims to facilitate smooth adoption processes and ensure the best possible outcomes for all parties involved. With a team of 10 dedicated professionals, Adoption Resource Center is committed to making a significant impact in the lives of families undergoing adoption journeys.
Official website here: www.adoptionarc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Stars
The Adoption Resource Center has received a low rating of 52%, which is categorized as a One-Star organization. This rating indicates significant concerns regarding its accountability and financial management. While the organization excels in areas such as having an independent board and a high program expense ratio, it struggles with critical governance policies, resulting in low scores in conflict of interest and whistleblower policies.
Strengths of the Adoption Resource Center include a well-structured board with full independence and a strong commitment to program expenses, which account for 88.25% of its total spending. This suggests that a substantial portion of its resources is directed towards its mission. However, the organization has been flagged for several areas needing improvement, particularly in transparency and governance practices.
Notably, the organization has a concerning liabilities to assets ratio of 312.77%, indicating potential financial instability. This financial strain, combined with the absence of key organizational policies and documentation, highlights areas that the Adoption Resource Center must address to enhance its overall performance and accountability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Adoption Resource Center legitimate?
Adoption Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adoption Resource Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.adoptionarc.org
What is the mission statement of Adoption Resource Center?
The Adoption Resource Center's mission is centered around providing comprehensive adoption services. This encompasses assisting birth families, children, and adoptive families alike, ensuring a complete spectrum of support is available to all parties involved in the adoption process. The organization's primary objective is to serve as a reliable resource, offering various services to facilitate smooth adoption experiences.
Official website here: www.adoptionarc.org
Who is the CEO of Adoption Resource Center?
Harold Sampson Cpa is the President of Adoption Resource Center.
Official website here: www.adoptionarc.org
What is the revenue of Adoption Resource Center?
Adoption Resource Center's revenue in 2022 was $749,592.
Official website here: www.adoptionarc.org
Who are the executives of Adoption Resource Center and what are their salaries?
The average compensation at Adoption Resource Center during 2022 was $13,000. There are 10 employees at Adoption Resource Center.
Here are 6 key members and their salaries:
- Compensation: $130,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.adoptionarc.org
Where can I find the form 990 for Adoption Resource Center?
Adoption Resource Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adoptionarc.org
Learn more at the official website: www.adoptionarc.org
Mission Statement of Adoption Resource Center
Adoption Resource Center, a nonprofit organization, is dedicated to providing a comprehensive range of adoption services for birth families, children, and adoptive families. Their primary mission is to offer a full spectrum of adoption-related assistance, aimed at facilitating successful adoptions for all parties involved. The center's activities are centered around supporting each stage of the adoption process, ensuring a smooth transition for everyone involved.
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Impact
October, 2024
The Adoption Resource Center significantly impacts the lives of birth families, children, and adoptive families by offering a comprehensive range of adoption services. By facilitating connections and providing support throughout the adoption process, they ensure that birth families receive the guidance and resources necessary for making informed decisions. Children benefit from being placed in loving, stable homes, while adoptive families gain access to essential services that help them navigate the complexities of adoption. Operating in Cherry Hill, NJ, the center plays a crucial role in creating positive outcomes for all parties involved, fostering a supportive community around the often challenging journey of adoption.
This information is meant to be a general summary of Adoption Resource Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $616,086
- Gross Receipts: $749,592
Assets and Liabilities:
- Total Assets: $212,772
- Total Liabilities: $665,524
- Net Assets: -$452,752
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLACEMENTS
Revenue
$616,086
Organization Details
Founding Year
1994
Phone
(215) 748-1441Principal Officer
Harold Sampson Cpa
Main Address
811 CHRUCH ROAD 202, CHERRY HILL, NJ, 08002
Website
www.adoptionarc.orgNTEE Category
Code: P50 - Human services
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