Overview
What is Adoption Exchange Association Inc?
Adoption Exchange Association Inc, operating under the name National Adoption Association, is a nonprofit organization situated in LintHicum, Maryland. Their primary mission is to raise public awareness about the need for families for children in foster care and offer support to states, territories, and tribes in recruiting and retaining foster and adoptive families. The association aims to eliminate barriers and advocate for innovative solutions to connect these families with children in need. With a team of 15 dedicated individuals, they stimulate excellent practices, educate, and share resources to assist and encourage their nationwide members in finding adoptive families for children and youth who wait in foster care.
Official website here: www.adoptea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Adoption Exchange Association Inc, also known as the National Adoption Association, has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score is primarily derived from its strong accountability practices, with an 81% rating in this area. The organization boasts a fully independent board, with all members being independent, which contributes positively to its governance and oversight.
Strengths highlighted in the data include a high program expense ratio of 97.06%, indicating that the majority of funds are directed toward its mission rather than administrative costs. Additionally, the organization has established comprehensive policies, including those for conflict of interest and whistleblowing, which enhance its transparency and commitment to ethical standards. Furthermore, the absence of any material diversion of assets reflects a high level of financial integrity.
However, the organization's liabilities to assets ratio is noted as 86.74%, which may raise concerns about its financial stability. While the nonprofit demonstrates commendable accountability, potential donors and stakeholders should consider this aspect when evaluating its overall financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Adoption Exchange Association Inc legitimate?
Adoption Exchange Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adoption Exchange Association 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: $276,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.adoptea.org
What is the mission statement of Adoption Exchange Association Inc?
The National Adoption Association, known as Adoption Exchange Association Inc Dba, is dedicated to serving its members by fostering innovative solutions, eliminating barriers, advocating, educating, and sharing best practices. Their primary objective is to assist and encourage their nationwide members in finding adoptive families for all children and youth who are currently waiting in foster care. By doing so, the association aims to ensure that every child in need finds a loving family.
Official website here: www.adoptea.org
Who is the CEO of Adoption Exchange Association Inc?
Kamilah Bunn is the President of Adoption Exchange Association Inc. The CEO's salary of Adoption Exchange Association Inc is $125,755 and their total compensation is $153,163.
Official website here: www.adoptea.org
What is the revenue of Adoption Exchange Association Inc?
Adoption Exchange Association Inc's revenue in 2022 was $6,440,305.
Official website here: www.adoptea.org
Who are the executives of Adoption Exchange Association Inc and what are their salaries?
The average compensation at Adoption Exchange Association Inc during 2022 was $18,416. There are 15 employees and 14 volunteers at Adoption Exchange Association Inc.
Here are 17 key members and their salaries (Adoption Exchange Association Inc's CEO's salary is $125,755 and their total compensation is $153,163):
- 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
- 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
- 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: $125,755
- Related: $0
- Other: $27,408
- Compensation: $116,410
- Related: $0
- Other: $19,338
- Compensation: $108,886
- Related: $0
- Other: $19,082
Official website here: www.adoptea.org
Where can I find the form 990 for Adoption Exchange Association Inc?
Adoption Exchange Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adoptea.org
Learn more at the official website: www.adoptea.org
Mission Statement of Adoption Exchange Association Inc
The Adoption Exchange Association Inc, commonly known as the National Adoption Association (NAA), is dedicated to its mission of providing assistance and encouragement to its nationwide members. Their central goal is to facilitate the process of finding adoptive families for all children and youth who are currently waiting in foster care. To accomplish this, the NAA stimulates innovative solutions, eliminates barriers, advocates, educates, and shares excellent practices. By doing so, they aim to support their members in their efforts to provide loving homes for these children and youth, ensuring that they no longer have to wait for families.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of the Adoption Exchange Association Inc Dba National Adoption Association lies in its dedication to finding adoptive families for all children and youth who are waiting in foster care. By stimulating innovative solutions, eliminating barriers, advocating, educating, and sharing excellent practices, the National Adoption Association serves its members nationwide in their crucial mission. Through projects like "AdoptUSKids," in partnership with the U.S. Department of Health & Human Services, the organization raises public awareness about the need for families for children in foster care and assists states, territories, and tribes in recruiting and retaining foster and adoptive families. This work directly contributes to providing loving and stable homes for children in need, ensuring brighter futures and fulfilling lives.
This information is meant to be a general summary of Adoption Exchange Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,233
- Program Service Revenue: $260,194
- Gross Receipts: $6,440,305
Assets and Liabilities:
- Total Assets: $2,268,874
- Total Liabilities: $1,777,097
- Net Assets: $491,777
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$260,194
Organization Details
Founding Year
1986
Phone
(410) 636-7030Principal Officer
Kamilah Bunn
Main Address
605 GLOBAL WAY 100, LINTHICUM, MD, 21090
Website
www.adoptea.orgNTEE Category
Code: P31Z - Human services
If you are a representative of Adoption Exchange Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.