ADOPTION DREAMS COME TRUE INC

EIN: 201621199 501(c)(3) Human Services

FORT COLLINS, CO

Total Revenue
$327,293
Total Expenses
$412,476
Total Assets
$205,914
Net Assets
$181,684
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CO
Principal Officer
Cindy Sarai
Phone
9704932557
Tax Period
2024-01-01 to 2024-12-31

ADOPTION DREAMS COME TRUE INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $327K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $412K exceeded revenue, resulting in a 26% operating deficit.

Mission

Adoption Dreams Come True, Inc. is a Colorado state fully licensed Child Placement Agency, a 501(c)(3) non profit organization which offers state wide domestic adoption services with a sliding fee scale and free birth parent counseling. The agency has assisted in the placement of over 400 children and has served hundreds of birth parents and adoptive families as well as provided outreach and education to the community. They also have the "Dream Room", a closet which offers, at no charge, a large selection of donated clothing, toys, baby gear, nursery room accessories and diapers in a baby store setting. It is their vision to serve families with dignity and respect. The agency has an incredible Volunteer Guild with over 50 active and supportive volunteers. Adoption Dreams Come True, its' volunteers and board of directors are comprised of many community members and is committed to excellence in creating happy families.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $123,440
Program Service Revenue $162,327
Investment Income $103
Other Revenue $41,423
TOTAL REVENUE $327,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $286,955
Fundraising Expenses $17,217
Program Expenses $361,579
Other Expenses $125,521
TOTAL EXPENSES $412,476

Year-over-Year Comparison

2024 2023 Change
Revenue $327,293 $397,973 -0.2%
Expenses $412,476 $396,271 +0.0%
Net Income $-85,183 $1,702 -51.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
14

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$147,700
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cindy Sarai ADCT Exec Direc 40.00
Officer
$92,700 $0 $92,700
Ginger DeReus Secretary 40.00
Officer
$55,000 $0 $55,000
Cody Fullmer Treasurer 1.00
Director
$0 $0 $0
Chris Otto President 2.00
Officer Director
$0 $0 $0
Lisa Hansen Director 1.00
Director
$0 $0 $0
Jeff Hartman Director 1.00
Director
$0 $0 $0
Lisa Paugh Director 1.00
Director
$0 $0 $0
Dave O'Callaghan Vice President 1.00
Officer Director
$0 $0 $0
Mel Pienkowski Director 1.00
Director
$0 $0 $0
Emily Watson Director 1.00
Director
$0 $0 $0
Jamie Meyer Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $327,293 $412,476 $205,914 $-85,183
2023 $397,973 $396,271 $278,336 $1,702
2022 $347,186 $354,170 $277,861 $-6,984
2021 $317,165 $349,553 $293,871 $-32,388
2020 $249,186 $326,458 $309,742 $-77,272
2019 $348,084 $355,032 $388,588 $-6,948
2018 $353,367 $338,366 $395,072 $15,001
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