ADOPT AMERICA NETWORK (EIN 341396924) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

WENDY SPOERL

Phone

4197265100

Tax Period

2024-01-01 to 2024-12-31

ADOPT AMERICA NETWORK, founded in 1983, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $700K, a strong 17% operating margin.

Mission

PLACEMENT OF CHILDREN FROM U.S. FOSTER CARE INTO ADOPTIVE HOMES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,019,687

Program Service Revenue $0

Investment Income $55,022

Other Revenue $28,038

TOTAL REVENUE $4,102,747

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,007,112

Fundraising Expenses $40,224

Program Expenses $3,290,933

Other Expenses $1,395,856

TOTAL EXPENSES $3,402,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,102,747	$3,416,936	+0.2%
Expenses	$3,402,968	$2,915,435	+0.2%
Net Income	$699,779	$501,501	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$129,322

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WENDY SPOERL	PRESIDENT	40.00	Officer	$129,322	$0	$129,322
MATHEW ARMSTRONG	BOARD MEMBER	1.00	Director	$0	$0	$0
BROOKE BUDION	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY CORRAL	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIA D'ARCANGELO	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDON DANIELS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL HANSON	CHAIR	1.00	Officer Director	$0	$0	$0
PHILIP RUDOLPH JR	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDAN KARCHNER	TREASURER	1.00	Officer Director	$0	$0	$0
BEN KLOPPING	BOAED MEMBER	1.00	Director	$0	$0	$0
REBECCA NIGHBERT	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY OLIVER	SECRETARY	1.00	Officer Director	$0	$0	$0
DAN SILVERS	PAST CHAIR	1.00	Officer Director	$0	$0	$0
SARAH STEPHENS	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS TOWSLEE	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY TYSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEFF YOUNG	BOARD MEMBER	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	$4,102,747	$3,402,968	$3,065,092	$699,779
2023	$3,416,936	$2,915,435	$2,077,431	$501,501
2022	$2,916,026	$2,349,024	$1,568,601	$567,002
2021	$1,580,637	$1,035,059	$967,268	$545,578
2020	$964,063	$805,859	$489,353	$158,204
2019	$747,323	$731,984	$230,861	$15,339
2018	$741,272	$631,631	$233,908	$109,641

ADOPT AMERICA NETWORK