ASSN OF ADMINS OF INTERSTATE COMPACT OF ADOPTION

EIN: 521479559 Community Improvement

WASHINGTON, DC

Total Revenue
$414,201
Total Expenses
$368,848
Total Assets
$433,387
Net Assets
$369,978
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
DC
Phone
2029133226
Tax Period
2024-01-01 to 2024-12-31

ASSN OF ADMINS OF INTERSTATE COMPACT OF ADOPTION, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $414K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $369K left a modest 11% surplus.

Mission

THE ASSOCIATION OF ADMINISTRATORS OF THE INTERSTATE COMPACT ON ADOPTION AND MEDICAL ASSISTANCE IS A NONPROFIT CORPORATION COMPRISED OF MEMBER STATES. THE ASSOCIATION PROVIDES A FRAMEWORK FOR INTERSTATE COORDINATION TO REMOVE BARRIERS TO THE INTERSTATE ADOPTION OF CHILDREN

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $413,771
Investment Income $430
Other Revenue $0
TOTAL REVENUE $414,201

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $368,848
Other Expenses $368,848
TOTAL EXPENSES $368,848

Year-over-Year Comparison

2024 2023 Change
Revenue $414,201 $545,786 -0.2%
Expenses $368,848 $602,586 -0.4%
Net Income $45,353 $-56,800 -1.8%
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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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADRIAN OWENS MEMBER 2.00
Director
$0 $0 $0
LATASHA HENRY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JENNIFER KOBEL TREASURER 2.00
Officer Director
$0 $0 $0
CARISSA DECKER PRESIDENT 5.00
Officer Director
$0 $0 $0
MONICA SEKSCINSKI MEMBER 2.00
Director
$0 $0 $0
SHARON MCCARTNEY DIRECTOR 40.00
Director
$0 $0 $0
FRANCIS M CASEY MEMBER 2.00
Director
$0 $0 $0
MICHAEL DOBBS MEMBER 2.00
Director
$0 $0 $0
KIM GUNNELL MEMBER 2.00
Director
$0 $0 $0
HEATHER RICHARDSON MEMBER 2.00
Director
$0 $0 $0
ASHLEY HOLMES MEMBER 0.00
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 $414,201 $368,848 $433,387 $45,353
2023 $545,786 $602,586 $486,353 $-56,800
2022 $415,606 $284,705 $609,877 $130,901
2021 $408,334 $268,386 $501,886 $139,948
2020 $320,106 $199,477 $278,308 $120,629
2019 $293,935 $267,850 $131,478 $26,085
2018 $265,086 $305,615 $129,886 $-40,529
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