Overview
What is Adoption Options?
Adoption Options is a nonprofit organization based in Denver, Colorado, specifically at 1355 S Colorado Blvd 501. Their mission is to offer a variety of private, non-secretarial child placement services within the state, assisting all parties involved in the adoption process, including birth parents, adoptees, and adoptive parents. Their activities include decision-making counseling for birth parents considering relinquishment, the placement of infants and special needs children with adoptive families, and post-placement supervision. Adoption Options also provides emotional support and educational resources to adoptive parents during the waiting period. With a dedicated team of 26 employees, they offer services to over 100 birth parents annually and facilitate adoptions for approximately 100 couples. Volunteer efforts, primarily from foster families, contribute significantly to their operations, totaling over 3,000 hours of in-home care and fundraising activities each year.
Official website here: www.adoption-options.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Adoption Options has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial practices. With an impressive accountability score of 96%, the organization demonstrates a high level of transparency and responsible governance, including a fully independent board and thorough policies for conflict of interest and whistleblower protections.
The nonprofit excels particularly in its financial management, boasting a program expense ratio of 75.26%, which indicates that a significant portion of its budget is allocated directly to its mission-related programs. Additionally, the organization has a commendable liabilities to assets ratio of 25.96%, suggesting a solid financial foundation. The leadership and adaptability score is also perfect at 100%, highlighting effective strategic planning and strong leadership capabilities.
Overall, Adoption Options showcases effective governance and financial health, making it a trustworthy choice for potential donors and supporters. The high ratings indicate a robust commitment to its mission and a well-structured operational model, though there are no specific limitations noted in the feedback available.
This AI summary has been generated from information found on Charity Navigator.
Is Adoption Options legitimate?
Adoption Options is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adoption Options 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: $94,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,385
For more financial information, click here
Official website here: www.adoption-options.com
What is the mission statement of Adoption Options?
Adoption Options is a non-profit organization dedicated to providing a variety of private, non-secretarial child placement services. Their mission is to facilitate services for all members of the adoption circle, including adoptees, birthparents, and adoptive parents. They offer decision-making counseling for birthparents considering relinquishment and place infants and special needs children with adoptive families. Each year, they assist over 100 birthparents and approximately 100 couples seeking to build a family through adoption. The organization relies on the generous contribution of over 3,000 volunteer hours, primarily from foster families providing in-home care for children and volunteers involved in fundraising events and office-related activities.
Official website here: www.adoption-options.com
Who is the CEO of Adoption Options?
Megan Mclean is the Executive Dir. of Adoption Options.
Official website here: www.adoption-options.com
What is the revenue of Adoption Options?
Adoption Options's revenue in 2022 was $1,986,374.
Official website here: www.adoption-options.com
Who are the executives of Adoption Options and what are their salaries?
The average compensation at Adoption Options during 2022 was $26,584. There are 26 employees and 15 volunteers at Adoption Options.
Here are 9 key members and their salaries:
- Compensation: $92,929
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- Other: $1,859
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.adoption-options.com
Where can I find the form 990 for Adoption Options?
Adoption Options's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adoption-options.com
Learn more at the official website: www.adoption-options.com
Mission Statement of Adoption Options
Adoption Options, as a non-profit organization, is committed to offering a variety of private, non-secretarial child placement services within Colorado. Their primary goal is to support all members of the adoption circle, including adoptees, birth parents, and adoptive parents. They achieve this by providing decision-making counseling for birth parents contemplating relinquishment and facilitating the placement of infants and special needs children with adoptive families. Each year, Adoption Options serves over 100 birth parents considering relinquishment and approximately 100 couples aiming to build a family through adoption.
Adoption Options' mission is multifaceted. They provide essential services to birth parents, guiding them through the challenging process of relinquishment with compassionate counseling. This support not only helps them make informed decisions but also aids in their emotional recovery. In addition, Adoption Options plays a crucial role in connecting adoptive families with older children and those with special needs. They offer placement services, ensuring a smooth transition for both the children and their new families. Moreover, Adoption Options provides post-placement supervision and educational workshops to assist adoptive parents in navigating their new roles and building strong, nurturing families. Through these comprehensive services, Adoption Options contributes to a positive outcome for all parties involved in the adoption process.
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Impact
July, 2024
Adoption Options has a significant impact on the state of Colorado by providing a wide range of private, non-sectarian child placement services. Their qualified professionals work to facilitate services for all members of the adoption circle, including adoptees, birthparents, and adoptive parents. Each year, Adoption Options assists over 100 birthparents considering relinquishment and approximately 100 couples seeking to build their families through adoption. Additionally, the organization relies on over 3,000 volunteer hours to support their activities, including foster families providing in-home care for children and volunteers involved in fundraising events and office-related tasks. Overall, Adoption Options plays a crucial role in connecting birthparents with adoptive families and providing essential support and services throughout the adoption process.
This information is meant to be a general summary of Adoption Options. 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: -$2,382
- Program Service Revenue: $1,594,192
- Gross Receipts: $2,029,650
Assets and Liabilities:
- Total Assets: $1,083,703
- Total Liabilities: $281,433
- Net Assets: $802,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADOPTION/PLACEMENT FEE
Revenue
$165,405
COUNSELING FEES
Revenue
$79,900
FOSTER CARE
Revenue
$1,182,635
HOME STUDY FEE
Revenue
$85,150
OTHER PROGRAM FEES
Revenue
$61,352
Organization Details
Founding Year
1981
Phone
(303) 695-1601Principal Officer
Megan Mclean
Main Address
1355 S COLORADO BLVD 501, DENVER, CO, 80222
Website
www.adoption-options.comNTEE Category
Code: P31 - Human services
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