DUBLIN, OH
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Sign In — Free (10 views/day)DAVE THOMAS FOUNDATION FOR ADOPTION, founded in 1992, is a mid-sized nonprofit in the Unknown sector that reported $56.1M in total revenue in fiscal year 2023. The organization ran a surplus of $11.6M, a strong 21% operating margin.
THE DAVE THOMAS FOUNDATION FOR ADOPTION IS A NATIONAL NONPROFIT PUBLIC CHARITY DEDICATED EXCLUSIVELY TO FINDING PERMANENT HOMES FOR MORE THAN 140,000 CHILDREN WAITING IN NORTH AMERICA'S FOSTER CARE SYSTEMS. SEE SCHEDULE O FOR ADDITIONAL NARRATIVE ON THE ORGANIZATION'S MISSION.CREATED BY WENDY'S FOUNDER DAVE THOMAS, WHO WAS ADOPTED, THE FOUNDATION IMPLEMENTS EVIDENCE-BASED, RESULTS-DRIVEN NATIONAL SERVICE PROGRAMS, FOSTER CARE ADOPTION AWARENESS CAMPAIGNS AND INNOVATIVE GRANTMAKING INITIATIVES, AND OFFERS FREE RESOURCES TO ORGANIZATIONS AND PROSPECTIVE PARENTS.
WENDY'S WONDERFUL KIDS:WENDY'S WONDERFUL KIDS, A SIGNATURE PROGRAM OF THE FOUNDATION, IS MAKING A DIFFERENCE FOR THOUSANDS OF CHILDREN ACROSS THE NATION - ONE CHILD AT A TIME. THE DAVE THOMAS...
WENDY'S WONDERFUL KIDS:WENDY'S WONDERFUL KIDS, A SIGNATURE PROGRAM OF THE FOUNDATION, IS MAKING A DIFFERENCE FOR THOUSANDS OF CHILDREN ACROSS THE NATION - ONE CHILD AT A TIME. THE DAVE THOMAS FOUNDATION FOR ADOPTION AWARDS GRANTS TO PUBLIC AND PRIVATE AGENCIES TO HIRE ADOPTION PROFESSIONALS WHO IMPLEMENT AN EVIDENCE-BASED, CHILD-FOCUSED RECRUITMENT STRATEGY TARGETED EXCLUSIVELY ON MOVING AMERICA'S LONGEST-WAITING CHILDREN FROM FOSTER CARE INTO ADOPTIVE FAMILIES. SEE SCHEDULE O FOR ADDITIONAL NARRATIVE ON WENDY'S WONDERFUL KIDS.RESEARCH RELEASED IN 2011 FROM A FIVE-YEAR RIGOROUS EVALUATION OF WENDY'S WONDERFUL KIDS CHILD-FOCUSED RECRUITMENT MODEL SHOWED THAT CHILDREN SERVED BY THE PROGRAM ARE UP TO THREE TIMES MORE LIKELY TO GET ADOPTED. WENDY'S WONDERFUL KIDS RECRUITERS WORK WITH CHILDREN AND YOUTH AT GREATEST RISK OF AGING OUT OF FOSTER CARE WITHOUT AN ADOPTIVE FAMILY. THE RECRUITERS HAVE SMALLER CASELOADS, TO ENSURE THEY HAVE THE TIME AND RESOURCES TO GIVE EACH CHILD THE ATTENTION THAT CHILD DESERVES AND EMPLOY AN AGGRESSIVE EVIDENCE-BASED PRACTICE MODEL FOCUSED ON FINDING THE BEST HOME FOR A CHILD.THE DAVE THOMAS FOUNDATION FOR ADOPTION SUPPORTS 531 WENDY'S WONDERFUL KIDS RECRUITERS WORKING FOR CHILDREN IN THE U.S. MORE THAN 13,820 CHILDREN HAVE BEEN ADOPTED AS A RESULT OF WENDY'S WONDERFUL KIDS, AND ANOTHER 1,085 ARE IN THEIR PRE-ADOPTIVE PLACEMENTS SIMPLY WAITING FOR A FINAL COURT HEARING.
PROGRAM GRANTS & AWARENESS:THE FOUNDATION IS COMMITTED TO NATIONALLY COMMUNICATING THE URGENCY OF FOSTER CARE ADOPTION AND TO ENCOURAGING EVERYONE TO BECOME AN AMBASSADOR FOR WAITING CHILDREN...
PROGRAM GRANTS & AWARENESS:THE FOUNDATION IS COMMITTED TO NATIONALLY COMMUNICATING THE URGENCY OF FOSTER CARE ADOPTION AND TO ENCOURAGING EVERYONE TO BECOME AN AMBASSADOR FOR WAITING CHILDREN. YEAR-ROUND AWARENESS EFFORTS INCLUDE DAILY SOCIAL MEDIA COMMUNICATIONS; MARKETING PROGRAMS DISPELLING MYTHS AND MISPERCEPTIONS SURROUNDING THE ISSUE OF FOSTER CARE ADOPTION AND THE CHILDREN WAITING TO BE ADOPTED; THE DEVELOPMENT AND DISTRIBUTION OF FREE EDUCATIONAL RESOURCES; THE PRODUCTION OF NATIONAL TELEVISION ANNOUNCEMENTS; SEE SCHEDULE O FOR ADDITIONAL NARRATIVE ON PROGRAM GRANTS & AWARENESS.MEDIA ENGAGEMENT AND THOUGHT LEADER SPEAKING AND KEYNOTE OPPORTUNITIES; AND PARTICIPATION IN A NUMBER OF EVENTS ACROSS THE UNITED STATES. ADDITIONALLY, SINCE 2002, THE FOUNDATION HAS COMMISSIONED SEVERAL GROUNDBREAKING STUDIES TO MEASURE AMERICANS' PERCEPTIONS OF FOSTER CARE ADOPTION.IN ADDITION TO FUNDING WENDY'S WONDERFUL KIDS GRANTS, RESOURCES GENERATED BY THE FOUNDATION HELP TO AWARD STRATEGIC NATIONAL GRANTS TO ADOPTION AGENCIES AND ORGANIZATIONS THAT SHARE THE FOUNDATION'S MISSION. THESE GRANTS PROVIDE CRITICAL FOSTER CARE ADOPTION SERVICES AND SUPPORT, PROMOTE BEST PRACTICES IN FOSTER CARE ADOPTION, AND ASSIST WITH EDUCATIONAL MATERIALS AND STRATEGIES FOR PARENTS AND CHILD WELFARE PROFESSIONALS.TWENTY-SIX ORGANIZATIONS WERE FUNDED UNDER THE NATIONAL GRANTS REPORT, INCLUDING THE CENTER FOR ADOPTION SUPPORT AND EDUCATION, STANFORD SIERRA YOUTH AND FAMILIES, VOICE FOR ADOPTION, BETHANY CHRISTIAN SERVICES OF GEORGIA, LUND FAMILY CENTER, INC., LUTHERAN FAMILY SERVICES OF NEBRASKA, INC., CARING FOR KIDS, INC., TREEHOUSE FOUNDATION, NATIONAL COUNCIL FOR ADOPTION, FOSTERING MEDIA CONNECTIONS, CHILDREN'S NETWORK OF SOUTHWEST FLORIDA, LLC, GENERATIONS UNITED, INC., ADOPT AMERICA NETWORK, INC., SECOND NURTURE, FAMILY TO FAMILY SUPPORT NETWORK, FOSTERING CHANGE FOR CHILDREN, ALLIANCE FOR CHILDREN'S RIGHTS, ADOPTION RHODE ISLAND, ADOPTIVE AND FOSTER FAMILY COALITION OF NEW YORK, FAMILIES RISING, RAISE THE FUTURE, KENT STATE UNIVERSITY FOUNDATION, ADOPTEE MENTORING SOCIETY, AID TO ADOPTION OF SPECIAL KIDS ARIZONA, CENTER FOR THE RIGHTS OF ABUSED CHILDREN, CONGRESSIONAL COALITION ON ADOPTION INSTITUTE.
ADOPTION-FRIENDLY WORKPLACE:IN 1990, PRESIDENT GEORGE H.W. BUSH ASKED DAVE THOMAS, FOUNDER OF WENDY'S, TO BE THE SPOKESPERSON FOR A NEW ADOPTION INITIATIVE. DAVE, AN ADOPTEE AND ADOPTION ADVOCATE...
ADOPTION-FRIENDLY WORKPLACE:IN 1990, PRESIDENT GEORGE H.W. BUSH ASKED DAVE THOMAS, FOUNDER OF WENDY'S, TO BE THE SPOKESPERSON FOR A NEW ADOPTION INITIATIVE. DAVE, AN ADOPTEE AND ADOPTION ADVOCATE, ENTHUSIASTICALLY ACCEPTED THE CHALLENGE AND BEGAN TO SPEAK OUT PUBLICLY, ASKING PEOPLE TO CONSIDER FOSTER CARE ADOPTION AND ENCOURAGING OTHER BUSINESS LEADERS TO OFFER ADOPTION AS A PART OF THEIR EMPLOYEE BENEFIT PLANS. ADOPTION-FRIENDLY WORKPLACE WAS DEVELOPED SEE SCHEDULE O FOR ADDITIONAL NARRATIVE ON ADOPTION-FRIENDLY WORKPLACE.TO KEEP DAVE THOMAS' WORK IN MOTION. THIS SIGNATURE PROGRAM OFFERS FREE TOOLKITS AND EXPERT GUIDANCE TO EMPLOYERS ACROSS THE NATION. THE GOAL IS TO PROVIDE COMPANIES WITH THE TOOLS AND SUPPORT NEEDED TO SET UP AND PROVIDE THEIR EMPLOYEES ADOPTION BENEFITS, INCLUDING FINANCIAL REIMBURSEMENT AND PAID LEAVE. THE FOUNDATION COMPILES AND PUBLISHES AN ANNUAL LIST OF THE NATION'S 100 BEST ADOPTION-FRIENDLY WORKPLACES LIST AND HIGHLIGHTS THE FORWARD-THINKING EMPLOYERS THAT HAVE ADOPTION BENEFITS IN PLACE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $56,121,707 | $52,421,388 | +0.1% |
| Expenses | $44,555,925 | $40,455,373 | +0.1% |
| Net Income | $11,565,782 | $11,966,015 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RITA L SORONEN | PRESIDENT & CEO | 40.00 |
Officer
Director
|
$479,248 | $21,095 | $500,343 |
| ROBERT GEEN | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEEPAK AJMANI | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TODD PENEGOR | TREASURER (EXITED 02/24) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE O'MALLEY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD KRUMHOLZ TRUSTEE | (THRU 1/24), TREASURER (EFF. 1/24) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE BIESZCZAT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA BUTRICO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC DALY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAMELA FARBER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JELANI FREEMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KRIS KAFFENBARGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JHONNY MERCADO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BLAIR MILLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT MOESCHBERGER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY THOMAS MORSE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SEAN NIKLAS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| M COLEY O'BRIEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRY STIGDON | TRUSTEE (ENTERED 01/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| PETE SUERKEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL WELCH | TRUSTEE (ENTERED 01/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMIKA WILLIAMS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE ZAK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC SPIRES | SENIOR VP, CFO | 40.00 |
Officer
|
$188,697 | $27,255 | $215,952 |
| JILL CRUMBACHER | SVP, MARKETING & DEVELOPMENT | 40.00 |
Key Emp
|
$212,198 | $35,434 | $247,632 |
| JENNIFER JUSTICE | SVP, STRATEGIC PROGRAM DEVELOPMENT | 40.00 |
Key Emp
|
$213,552 | $30,835 | $244,387 |
| DAVID FRISSORA | SVP, BUSINESS DEVELOPMENT | 40.00 |
Key Emp
|
$200,023 | $37,575 | $237,598 |
| MELINDA HAGGERTY | SVP & GENERAL COUNSEL | 40.00 |
Key Emp
|
$197,869 | $36,452 | $234,321 |
| JULIANNE NICHOLS | VP, MARKETING & COMMUNICATIONS | 40.00 |
Highest
|
$145,196 | $25,965 | $171,161 |
| ANDREA GLASS | VP, PROGRAMS | 40.00 |
Highest
|
$131,621 | $23,694 | $155,315 |
| DEAN BRING | VP, DEVELOPMENT | 40.00 |
Highest
|
$132,801 | $28,688 | $161,489 |
| ANGELA MARSHALL | DIRECTOR, WENDY'S WONDERFUL KIDS | 40.00 |
Highest
|
$118,767 | $23,511 | $142,278 |
| MELISSA ECK | SENIOR DIRECTOR, DATA | 40.00 |
Highest
|
$109,955 | $22,361 | $132,316 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $56,121,707 | $44,555,925 | $107,334,376 | $11,565,782 |
| 2023 | $52,421,388 | $40,455,373 | $94,085,268 | $11,966,015 |
| 2022 | $45,774,004 | $36,840,238 | $82,316,858 | $8,933,766 |
| 2021 | $39,207,140 | $28,821,951 | $65,372,837 | $10,385,189 |
| 2020 | $28,219,535 | $30,279,729 | $50,095,040 | $-2,060,194 |
| 2019 | $30,142,217 | $25,893,010 | $50,123,644 | $4,249,207 |
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