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Adoption Option Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 432017657 ✦ Midland, MI ✦ Designated as a 501(c)(3)

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Overview

What is Adoption Option Inc?

Adoption Option Inc, located in Midland, Michigan, is a dedicated nonprofit organization specializing in child welfare services. Their primary focus revolves around adoption and post-adoption services, foster-to-adopt programs, licensing, mentoring, supervised visitation, and parent education, among other supportive services. The organization's mission is to enhance the lives of the children and families they serve, working tirelessly to provide adoptions and various child welfare assistance. With a team of 53 dedicated employees, Adoption Option Inc is committed to improving the well-being of the community's children and families.


Official website here: www.adoptionoptioninc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Adoption Option Inc has received an 84% rating from Charity Navigator, which indicates a solid level of accountability and financial health. The organization boasts a fully independent board and has received full points in several areas, such as its audit and oversight committee and the lack of material diversion of assets. The program expense ratio is also commendable at nearly 80%, suggesting that a significant portion of its resources is directed towards its core mission.

Despite these strengths, there are notable areas for improvement. The organization lacks several important policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, it has not posted its tax form on its website, which could impact transparency and stakeholder trust.

Overall, while Adoption Option Inc demonstrates strong governance elements and effective program spending, addressing the missing policies and enhancing transparency would strengthen its accountability further.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Adoption Option Inc?

78% of 13 reviewers on Facebook recommend Adoption Option Inc. Here's a summary of their insights:

The agency is praised for its supportive environment and the vital services it provides to families and children. Many appreciate the professional and caring approach of the staff, highlighting the positive impact the organization has on their lives. Overall, the sentiment reflects a commitment to working diligently to serve families in need.


This AI summary has been generated from reviews found on Facebook.

Is Adoption Option Inc legitimate?

Adoption Option Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adoption Option Inc 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: $83,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,483,458

For more financial information, click here


Official website here: www.adoptionoptioninc.org

What is the mission statement of Adoption Option Inc?

Adoption Option Inc's mission is centered around enhancing the lives of the children and families they serve. This non-profit organization is dedicated to providing a range of child welfare services, such as adoption and post-adoption services, foster-to-adopt programs, licensing, mentoring, supervised visitation, parent education, and various other support services. Their ultimate goal is to improve the well-being of the children and families under their care, striving to make a positive impact in their lives.


Official website here: www.adoptionoptioninc.org

Who is the CEO of Adoption Option Inc?

Delois Leapheart is the Member of Adoption Option Inc. The CEO's salary of Adoption Option Inc is $83,764 and their total compensation is $83,764.


Official website here: www.adoptionoptioninc.org

What is the revenue of Adoption Option Inc?

Adoption Option Inc's revenue in 2022 was $2,810,365.


Official website here: www.adoptionoptioninc.org

Who are the executives of Adoption Option Inc and what are their salaries?

The average compensation at Adoption Option Inc during 2022 was $29,570. There are 53 employees and 55 volunteers at Adoption Option Inc.


Here are 7 key members and their salaries (Adoption Option Inc's CEO's salary is $83,764 and their total compensation is $83,764):


Theophilus Leapheart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Holmon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smallwood Holoman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Leenhouts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wally Mayton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Burns (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delois Leapheart (President/Ceo)
  • Compensation: $83,764
  • Related: $0
  • Other: $0


Official website here: www.adoptionoptioninc.org

Where can I find the form 990 for Adoption Option Inc?

Adoption Option Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adoptionoptioninc.org

Learn more at the official website: www.adoptionoptioninc.org

Mission Statement of Adoption Option Inc

Adoption Option Inc, a nonprofit organization, is dedicated to improving the lives of the children and families they serve. At its core, Adoption Option Inc provides various child welfare services, focusing on adoption and post-adoption services, foster-to-adopt, licensing, mentoring, supervised visitation, parent education, and other related services. Their mission is to make a positive impact on the lives of the children and families they serve, ensuring that they provide the best possible support to facilitate successful adoptions and family transitions. By offering a wide range of services, Adoption Option Inc strives to support families throughout their adoption journey, from the licensing process to post-adoption guidance and support.

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Impact




July, 2024

Adoption Option Inc positively impacts the lives of children and families by providing adoption and other child welfare services in Midland, Michigan. Their mission to improve the lives of the children and families they serve is carried out through a range of services including adoption and post-adoption services, foster-to-adopt programs, licensing, mentoring, supervised visitation, parent education, and more. Through their dedication, Adoption Option Inc plays a crucial role in supporting families and finding loving homes for children in need.




This information is meant to be a general summary of Adoption Option Inc. 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.

Revenue
$2,810,365 (2022)
Expenses
$2,587,449 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,755
  • Program Service Revenue: $2,598,521
  • Gross Receipts: $2,821,541

Assets and Liabilities:

  • Total Assets: $1,352,448
  • Total Liabilities: $99,715
  • Net Assets: $1,252,733

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHILD WELFARE SERVICES

Revenue

$2,598,521

Organization Details

Founding Year

2004

Principal Officer

Delois Leapheart

Main Address

4008 W WACKERLY ROAD, MIDLAND, MI, 48641

NTEE Category

Code: P31 - Human services

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