Overview
What is Madison Adoption Associates Ltd?
Madison Adoption Associates Ltd is a compassionate nonprofit organization situated in Claymont, Delaware. With a team of 38 dedicated individuals, their mission is to bring hope, love, and connection to children, individuals, and families by providing services in the realms of adoption, foster care, and support. They offer pre-adoption preparation, education, guidance, and post-adoption support, aiming to establish stable and loving permanent families for children. Their activities are centered around serving these vulnerable groups, fostering a sense of connection and providing resources that help children and families navigate these complex processes.
Official website here: www.madisonadoption.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Madison Adoption Associates Ltd has achieved an impressive Four-Star rating from Charity Navigator, with an overall score of 96%. This high rating indicates a strong commitment to accountability and finance, as the score is derived entirely from a single beacon that assesses these key areas. The organization excels in financial management, demonstrating a solid balance between liabilities and assets and high program expense ratios.
The nonprofit's strengths are particularly notable in its governance, with a fully independent board consisting of eight members, which reflects a commitment to transparency and ethical operations. Additionally, Madison Adoption Associates Ltd has established robust policies, including those for conflict of interest, whistleblower protections, and document retention, all of which contribute to its effective accountability framework.
While the organization shows a strong performance in its financial and governance practices, the summary does not indicate any specific limitations or areas for improvement. Overall, Madison Adoption Associates Ltd exemplifies a well-managed nonprofit committed to its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Adoption Associates Ltd legitimate?
Madison Adoption Associates Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Adoption Associates Ltd 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: $133,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $701,043
For more financial information, click here
Official website here: www.madisonadoption.org
What is the mission statement of Madison Adoption Associates Ltd?
Madison Adoption Associates Ltd is committed to bringing hope, love, and connection by serving children, individuals, and families. Their mission is achieved through their activities in the areas of adoption, foster care, and support services. They secure stable and loving permanent families for children by providing pre-adoption preparation, education, guidance, support, and post-adoption services. Their goal is to make a positive impact on the lives of those they serve, fostering connections and offering support throughout the adoption and foster care process.
Official website here: www.madisonadoption.org
Who is the CEO of Madison Adoption Associates Ltd?
Diana M Degrootmbalmsw is the Principal Officer of Madison Adoption Associates Ltd.
Official website here: www.madisonadoption.org
What is the revenue of Madison Adoption Associates Ltd?
Madison Adoption Associates Ltd's revenue in 2022 was $1,861,018.
Official website here: www.madisonadoption.org
Who are the executives of Madison Adoption Associates Ltd and what are their salaries?
The average compensation at Madison Adoption Associates Ltd during 2022 was $21,962. There are 38 employees and 9 volunteers at Madison Adoption Associates Ltd.
Here are 11 key members and their salaries:
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- Compensation: $36,667
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- Compensation: $96,846
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Official website here: www.madisonadoption.org
Where can I find the form 990 for Madison Adoption Associates Ltd?
Madison Adoption Associates Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madisonadoption.org
Learn more at the official website: www.madisonadoption.org
Mission Statement of Madison Adoption Associates Ltd
Madison Adoption Associates Ltd is committed to bringing hope, love, and connection to children, individuals, and families by focusing on adoption, foster care, and support services. Their mission is to provide stable and loving permanent families for children through pre-adoption preparation, education, guidance, support, and post-adoption services. By doing so, this organization aims to make a significant impact in the lives of children and families, fostering connections that last a lifetime.
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Impact
July, 2024
Madison Adoption Associates Ltd has a significant impact by securing stable and loving permanent families for children through pre-adoption preparation, education, guidance, support, and post-adoption services. Their mission to bring hope, love, and connection by serving children, individuals, and families in the areas of adoption, foster care, and support services is commendable. By providing these essential services, they positively affect the lives of many individuals and contribute to building stronger families and communities.
This information is meant to be a general summary of Madison Adoption Associates Ltd. 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.
- Investment Income: $5,350
- Program Service Revenue: $1,630,057
- Gross Receipts: $1,861,018
Assets and Liabilities:
- Total Assets: $2,112,996
- Total Liabilities: $364,973
- Net Assets: $1,748,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADOPTION SERVICES
Revenue
$1,630,057
Organization Details
Founding Year
2000
Phone
(302) 475-8977Principal Officer
Diana M Degrootmbalmsw
Main Address
1102 SOCIETY DRIVE, CLAYMONT, DE, 19703
Website
www.madisonadoption.orgNTEE Category
Code: P31 - Human services
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