MADISON ADOPTION ASSOCIATES LTD (EIN 510399000) - Form 990 Financial Analysis & Trantor Score

🔒

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

2000

Legal Domicile

Principal Officer

DIANA DEGROOT

Phone

3024758977

Tax Period

2024-01-01 to 2024-12-31

MADISON ADOPTION ASSOCIATES LTD, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO BRING HOPE, LOVE AND CONNECTION BY SERVING CHILDREN, INDIVIDUALS, AND FAMILIES IN THE AREAS OF ADOPTION, FOSTER CARE, AND SUPPORT SERVICES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $159,005

Program Service Revenue $1,440,213

Investment Income $29,773

Other Revenue $0

TOTAL REVENUE $1,628,991

Expense Breakdown

Grants Paid $643,816

Salaries & Benefits $900,632

Fundraising Expenses $41,402

Program Expenses $2,036,645

Other Expenses $657,042

TOTAL EXPENSES $2,201,490

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,628,991	$1,782,616	-0.1%
Expenses	$2,201,490	$2,420,200	-0.1%
Net Income	$-572,499	$-637,584	-0.1%

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

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
MARTIN KONOV	PRESIDENT	2.00	Officer Director	$0	$0	$0
BONNIE CALLAHAN	BOARD TRUSTEE	1.00	Director	$0	$0	$0
MARILYN DIRKS	BOARD TRUSTEE	1.00	Director	$0	$0	$0
LYNNE MARKOWITZ	President	1.00	Director	$0	$0	$0
MICHELLE SMITH	BOARD TRUSTEE	1.00	Director	$0	$0	$0
DONALD TEMME	BOARD TRUSTEE	1.00	Director	$0	$0	$0
ERIN SCHMIDT	BOARD TRUSTEE	1.00	Director	$0	$0	$0
MIA JOHNSON	BOARD TRUSTEE	1.00	Director	$0	$0	$0
JEREMY JOHNSON	BOARD ADVISOR	1.00	Director	$0	$0	$0
DIANA DEGROOT	Executive Dir.	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	$1,628,991	$2,201,490	$678,301	$-572,499
2023	$1,782,616	$2,420,200	$1,360,987	$-637,584
2022	$1,861,018	$1,747,195	$2,112,996	$113,823
2021	$2,134,193	$1,870,926	$2,107,542	$263,267
2020	$1,688,052	$1,645,949	$1,813,515	$42,103
2019	$1,844,904	$1,771,549	$1,832,378	$73,355
2018	$1,606,474	$1,594,247	$1,786,529	$12,227

MADISON ADOPTION ASSOCIATES LTD