ADDYS HOPE ADOPTION AGENCY

EIN: 201760379 501(c)(3) Human Services

MIDLAND, TX

Total Revenue
$603,128
Total Expenses
$498,317
Total Assets
$855,199
Net Assets
$148,035
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
TX
Phone
4328971503
Tax Period
2023-01-01 to 2023-12-31

ADDYS HOPE ADOPTION AGENCY, founded in 2005, is a small nonprofit in the Human Services sector that reported $603K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $105K, a strong 17% operating margin.

Mission

A non-profit child placing agency licensed by the state of Texas dedicated to uniting Christian families with the children who need them.

Program Service Accomplishments

Program 1
Expenses: $318,838

For the year ended December 31, 2023, the organization operated the following programs:Beauty from Ashes-our traditional infant adoption program. Services provided include: support of birth mothers...

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For the year ended December 31, 2023, the organization operated the following programs:Beauty from Ashes-our traditional infant adoption program. Services provided include: support of birth mothers, adoption planning, training, home study services, placement, and monitoring of the placement. Our case managers are available to both the birth mother as well as the adoptive family from the time of match until services are no longer needed, including after the child is placed.They Wait-our child waiting program in which children in the custody of Texas DFPS and are legally free for adoption are placed into adoptive homes. The services provided to the families include: recruitment and training of adoptive parents, home study services, child matching, placement monitoring, and support to children and families through the entire process.Sustaining Hope-our post-adopt program that support any of our agencys families who have completed an adoption. Services include crisis intervention, behavioral intervention, help with locating facilities and providers for needed services, as well as family preservation support. As an agency we have worked with over 100 families and all post-adopt services are available to each of them.Future Hope-our program for young men who are aging out of foster care. Future Hope serves young men 18-22 transitioning to success in life from the foster care system by: providing a furnished studio apartment, equipping them with life skills, supporting them through relationships, and linking them to education, mentors, and community partners. This program includes Hope Crossing, a 14 unit apartment complex built on our property. Young men who are part of this program will lie at Hope Crossing.

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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 (2023)

Revenue Breakdown

Contributions & Grants $241,828
Program Service Revenue $239,950
Investment Income $0
Other Revenue $121,350
TOTAL REVENUE $603,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $310,813
Fundraising Expenses $64,005
Program Expenses $318,838
Other Expenses $187,504
TOTAL EXPENSES $498,317

Year-over-Year Comparison

2023 2022 Change
Revenue $603,128 $425,614 +0.4%
Expenses $498,317 $421,048 +0.2%
Net Income $104,811 $4,566 +22.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
37

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLYANN PETREE EXECUTIVE DIRECTOR 40.00
$87,679 $0 $87,679
JOHN PETREE President 2.00
Officer Director
$0 $0 $0
ASHELY WINKLER Secretary 2.00
Officer Director
$0 $0 $0
CASSIE JOHNSON Treasurer 2.00
Officer Director
$0 $0 $0
CIANA SMITH Director 1.00
Director
$0 $0 $0
ASHLEY WYMORE Director 1.00
Director
$0 $0 $0
NADINE JETT Director 1.00
Director
$0 $0 $0
CHRISTI MCCOY Director 1.00
Director
$0 $0 $0
ANDREA GOODSON Director 1.00
Director
$0 $0 $0
KHRYSTAL GARCIA Director 1.00
Director
$0 $0 $0
STEPHANIE JIMINEZ 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 No data No data No data No data
2023 $603,128 $498,317 $855,199 $104,811
2022 $425,614 $421,048 $754,793 $4,566
2021 $464,876 $423,736 $433,961 $41,140
2020 $347,941 $344,550 $396,327 $3,391
2019 $303,721 $355,349 $59,987 $-51,628
2018 $261,430 $266,681 $94,127 $-5,251
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