Overview
What is Carolina Adoption Services Inc?
Carolina Adoption Services Inc, also known as Children's Adoption Services, is a nonprofit organization situated in Greensboro, North Carolina (27401). Their primary focus is on providing international and domestic adoption services, foster care, home studies, and post-adoption support for children, youth, and adoptive families. With a workforce of 40 individuals, this organization is dedicated to supporting families throughout their adoption journey and ensuring the well-being of children in need. They offer a range of services, including foster care, home studies, and post-adoption support, to facilitate successful adoptions and provide ongoing assistance to families.
Official website here: www.childrensadoptionservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Carolina Adoption Services Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns in their accountability and financial management. While the organization boasts a fully independent board and no reported material diversion of assets, it struggles with several policy deficiencies that have impacted its overall score. The absence of a conflict of interest policy, whistleblower policy, and document retention policy indicates potential weaknesses in governance.
Financially, the charity allocates a substantial portion of its resources to program expenses, with a program expense ratio of 80.70%. However, the liabilities to assets ratio of 144.71% raises concerns about fiscal sustainability, suggesting that the organization may be operating with a high level of debt relative to its assets. This imbalance may pose risks to its long-term viability and service delivery.
Overall, while Carolina Adoption Services Inc demonstrates strengths in board independence and program spending, the lack of basic governance policies and financial stability indicators are significant limitations that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Carolina Adoption Services Inc?
96% of 14 reviewers on Facebook recommend Carolina Adoption Services Inc. Here’s a brief overview of their feedback:
Many users express admiration for the organization, noting its profound impact on families and individuals involved in the adoption process. The commitment to providing support not just at the time of adoption, but also in the ongoing journey afterward, is frequently highlighted as a significant strength of the organization.
Overall, it is clear that Carolina Adoption Services Inc excels in delivering essential resources and emotional support, leading to a high level of satisfaction among those who have engaged with their services.
This AI summary has been generated from reviews found on Facebook.
Is Carolina Adoption Services Inc legitimate?
Carolina Adoption Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Adoption Services 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: $73,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $391,070
For more financial information, click here
Official website here: www.childrensadoptionservices.org
What is the mission statement of Carolina Adoption Services Inc?
Carolina Adoption Services Inc is committed to providing international and domestic adoption services, foster care, home studies, and post-adoption supports for children, youth, and adoptive families. Their mission is to facilitate the placement of children into loving homes, both locally and internationally, and to offer ongoing support for these families. They provide essential resources and guidance throughout the adoption process, ensuring a smooth transition for all involved. Additionally, Carolina Adoption Services Inc offers post-adoption supports to ensure the continued well-being of the adopted children and their families.
Official website here: www.childrensadoptionservices.org
Who is the CEO of Carolina Adoption Services Inc?
Phyllis Stephenson is the Chair of Carolina Adoption Services Inc. The CEO's salary of Carolina Adoption Services Inc is $78,269 and their total compensation is $78,269.
Official website here: www.childrensadoptionservices.org
What is the revenue of Carolina Adoption Services Inc?
Carolina Adoption Services Inc's revenue in 2022 was $630,565.
Official website here: www.childrensadoptionservices.org
Who are the executives of Carolina Adoption Services Inc and what are their salaries?
The average compensation at Carolina Adoption Services Inc during 2022 was $11,602. There are 40 employees and 20 volunteers at Carolina Adoption Services Inc.
Here are 6 key members and their salaries (Carolina Adoption Services Inc's CEO's salary is $78,269 and their total compensation is $78,269):
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- Compensation: $78,269
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Official website here: www.childrensadoptionservices.org
Where can I find the form 990 for Carolina Adoption Services Inc?
Carolina Adoption Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.childrensadoptionservices.org
Learn more at the official website: www.childrensadoptionservices.org
Mission Statement of Carolina Adoption Services Inc
Carolina Adoption Services Inc, a nonprofit organization, is committed to providing a range of services aimed at supporting children, youth, and adoptive families. Their mission is twofold, encompassing both international and domestic adoption services, as well as foster care, home studies, and post-adoption supports. This comprehensive approach ensures that they cater to various needs of children and families throughout the adoption process. The organization goes beyond the adoption process, offering foster care services, which provides temporary care for children who cannot live with their birth families. They also conduct home studies, a thorough examination of the living conditions and suitability of prospective adoptive families. Post-adoption supports are essential for ensuring a smooth transition and long-term success of the new family dynamics. In essence, Carolina Adoption Services Inc is dedicated to providing holistic support to children, youth, and families, from the adoption process through to post-adoption, ensuring the best possible outcomes for all involved.
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Impact
July, 2024
Carolina Adoption Services Inc positively impacts the lives of children, youth, and adoptive families by providing international and domestic adoption services, foster care, home studies, and post-adoption supports. Through their mission-driven work in Greensboro, NC, they play a crucial role in creating loving and stable homes for those in need. Their commitment to serving the community contributes to the well-being and happiness of numerous individuals, fostering strong connections and enriching lives through adoption and support services.
This information is meant to be a general summary of Carolina Adoption Services 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: $635
- Program Service Revenue: $320,521
- Gross Receipts: $643,851
Assets and Liabilities:
- Total Assets: $224,647
- Total Liabilities: $347,352
- Net Assets: -$122,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOREIGN ADOPTION FEES
Revenue
$139,984
HOMESTUDY FEES
Revenue
$121,229
POST ADOPTION FEES
Revenue
$45,170
DEVELOPMENT FEES
Revenue
$9,000
DOMESTIC ADOPTION FEES
Revenue
$5,138
Organization Details
Founding Year
1993
Phone
(336) 275-9660Principal Officer
Phyllis Stephenson
Main Address
630 NORTH ELM STREET, GREENSBORO, NC, 27401
NTEE Category
Code: P31Z - Human services
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