CHOOSING HOPE ADOPTIONS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

TERRI HOLMAN

Phone

9372079463

Tax Period

2023-01-01 to 2023-12-31

CHOOSING HOPE ADOPTIONS INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $874K in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $222K, a strong 25% operating margin.

Mission

ENCOURAGES ADOPTION AS A POSITIVE ALTERNATIVE TO ABORTION.

Program Service Accomplishments

Program 1

Expenses: $650,745

IN 2022, WE HAD CONTACT WITH 114 EXPECTANT MOTHERS. OF THOSE 114, 12 MADE ADOPTION PLANS FOR INFANTS AND ONE OLDER CHILD WAS PLACED THROUGH FOSTER CARE. ALL OTHERS WERE SERVED IN SOME CAPACITY...

IN 2022, WE HAD CONTACT WITH 114 EXPECTANT MOTHERS. OF THOSE 114, 12 MADE ADOPTION PLANS FOR INFANTS AND ONE OLDER CHILD WAS PLACED THROUGH FOSTER CARE. ALL OTHERS WERE SERVED IN SOME CAPACITY, WHETHER JUST GIVING INFORMATION ABOUT ADOPTION OR RESOURCES OVER THE PHONE, OR GUIDANCE ON HOW TO PARENT WELL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $469,752

Program Service Revenue $349,368

Investment Income $0

Other Revenue $54,991

TOTAL REVENUE $874,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $352,377

Fundraising Expenses $1,808

Program Expenses $650,745

Other Expenses $300,176

TOTAL EXPENSES $652,553

Year-over-Year Comparison

	2023	2022	Change
Revenue	$874,111	$472,956	+0.8%
Expenses	$652,553	$476,147	+0.4%
Net Income	$221,558	$-3,191	-70.4%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE COLE	DIRECTOR	1.00	Director	$0	$0	$0
TERRI HOLMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAGGIE SCHULTZ	TREASURER	1.00	Officer Director	$0	$0	$0
JEREMY TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA BOBLITT	EXECUTIVE DI	40.00	Officer	$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	$874,111	$652,553	$610,175	$221,558
2022	$472,956	$476,147	$385,823	$-3,191
2021	$488,375	$425,815	$328,202	$62,560
2020	$399,709	$391,335	$263,191	$8,374
2019	$417,875	$330,494	$291,240	$87,381
2018	$242,003	$216,751	$203,106	$25,252