GIFTS OF GRACE ADOPTION SUPPORT CENTER INC

EIN: 352488323 501(c)(3) Health Care

LAFAYETTE, IN

Total Revenue
$188,428
Total Expenses
$236,741
Total Assets
$71,130
Net Assets
$71,130
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
IN
Principal Officer
CARLEE DAWODU
Phone
7658075117
Tax Period
2024-01-01 to 2024-12-31

GIFTS OF GRACE ADOPTION SUPPORT CENTER INC, founded in 2013, is a small nonprofit in the Health Care sector that reported $188K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $237K exceeded revenue, resulting in a 26% operating deficit.

Mission

GIFTS OF GRACE ADOPTION SUPPORT CENTER, INC. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. GIFTS OF GRACE ADOPTION SUPPORT CENTER, INC. PRINCIPALLY EXISTS AS A CHRISTIAN FAITH-BASED ADOPTION SUPPORT CENTER & MINISTRY AND LICENSED CHILD PLACING AGENCY.

Program Service Accomplishments

Program 1
Expenses: $126,013 Revenue: $80,960

ADOPTION PROGRAM: PROVIDES CHRIST-CENTERED ENCOURAGEMENT, EDUCATION AND SUPPORT TO LOCAL WOMEN AND COUPLES THAT BRAVELY CONSIDER ADOPTION FOR THEIR CHILD. THIS LOW-COST ADOPTION PROGRAM IS AVAILABLE...

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ADOPTION PROGRAM: PROVIDES CHRIST-CENTERED ENCOURAGEMENT, EDUCATION AND SUPPORT TO LOCAL WOMEN AND COUPLES THAT BRAVELY CONSIDER ADOPTION FOR THEIR CHILD. THIS LOW-COST ADOPTION PROGRAM IS AVAILABLE TO CHRISTIAN FAMILIES THROUGHOUT THE UNITED STATES WHO ARE OPEN TO ADOPTING A CHILD OF ANY RACE.

Program 2
Expenses: $73,507 Revenue: $53,973

A LA CARTE SERVICES: OFFERS CHRIST-CENTERED SERVICES AVAILABLE TO ADOPTIVE FAMILIES RESIDING IN INDIANA OR WHO ARE ADOPTING A CHILD DUE TO BE BORN IN, OR RESIDING IN, INDIANA ON AN AS-NEEDED BASIS...

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A LA CARTE SERVICES: OFFERS CHRIST-CENTERED SERVICES AVAILABLE TO ADOPTIVE FAMILIES RESIDING IN INDIANA OR WHO ARE ADOPTING A CHILD DUE TO BE BORN IN, OR RESIDING IN, INDIANA ON AN AS-NEEDED BASIS. GIFTS OF GRACE STAFF IS AVAILABLE TO SUPPORT LOCAL ADOPTIVE FAMILIES OR TO SUPPORT A LOCAL BIRTH MOM A FAMILY IS MATCHED WITH.

Program 3
Expenses: $10,501

SUPPORT GROUPS: OFFERS MONTHLY SUPPORT GROUPS FOR BOTH ADOPTIVE FAMILIES AND BIRTH MOMS AT NO COST TO THE LOCAL COMMUNITY. ADOPTIVE FAMILY SUPPORT GROUPS PROVIDE AN OPPORTUNITY TO TRAIN, EQUIP AND...

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SUPPORT GROUPS: OFFERS MONTHLY SUPPORT GROUPS FOR BOTH ADOPTIVE FAMILIES AND BIRTH MOMS AT NO COST TO THE LOCAL COMMUNITY. ADOPTIVE FAMILY SUPPORT GROUPS PROVIDE AN OPPORTUNITY TO TRAIN, EQUIP AND CREATE AWARENESS OF ALL THE DIFFERENT FACETS OF ADOPTING A CHILD. BIRTH MOM SUPPORT GROUPS PROVIDE A PLACE WHERE BIRTH MOMS CAN FIND ENCOURAGEMENT, FRIENDSHIP, AND SUPPORT IN A CONFIDENTIAL ENVIRONMENT WHILE CONNECTING WITH OTHER WOMEN WHO HAVE WALKED SIMILAR ADOPTION JOURNEYS. ALL WOMEN WHO HAVE CHOSEN OR ARE CONSIDERING ADOPTION FOR THEIR CHILD ARE WELCOME. THERE IS NO CHARGE OR REGISTRATION REQUIRED.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,956
Program Service Revenue $134,933
Investment Income $0
Other Revenue $539
TOTAL REVENUE $188,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,208
Fundraising Expenses $10
Program Expenses $210,021
Other Expenses $72,533
TOTAL EXPENSES $236,741

Year-over-Year Comparison

2024 2023 Change
Revenue $188,428 $212,007 -0.1%
Expenses $236,741 $259,021 -0.1%
Net Income $-48,313 $-47,014 +0.0%
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
5
Independent Members
4
Employees
8
Volunteers
N/A

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
$16,067
Total Directors
5
$16,067
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLEE DAWODU PRES/EXEC DI 25.00
Officer Director
$16,067 $0 $16,067
FEMI DAWODU TREASURER/CH 5.00
Officer Director
$0 $0 $0
LINDA LEE-ALLEN SECRETARY 2.00
Officer Director
$0 $0 $0
AALIYAH RARDIN BOARD MEMBER 2.00
Director
$0 $0 $0
KEZIAH DAWODU BOARD MEMBER 2.00
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 $188,428 $236,741 $71,130 $-48,313
2023 $212,007 $259,021 $119,443 $-47,014
2022 $248,348 $216,607 $166,457 $31,741
2021 $239,050 $175,240 $134,716 $63,810
2020 $160,328 $142,279 $70,906 $18,049
2019 $210,663 $174,372 $52,857 $36,291
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