FOREVER FAMILIES ADOPTION SERVICES INC

EIN: 542023146 501(c)(3) Human Services

Middleburg, VA

Total Revenue
$93,110
Total Expenses
$80,747
Total Assets
$64,415
Net Assets
$44,310
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Phone
5406875627
Tax Period
2023-01-01 to 2023-12-31

FOREVER FAMILIES ADOPTION SERVICES INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $138K in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year.

Mission

THE ORGANIZATION WAS FORMED TO PROVIDE EDUCATIONAL, HOME STUDY AND POST-PLACEMENT SERVICES TO FAMILIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,383
Program Service Revenue $69,365
Investment Income $145
Other Revenue $3,217
TOTAL REVENUE $93,110

Expense Breakdown

Grants Paid $1,866
Salaries & Benefits $69,276
Fundraising Expenses $3,379
Other Expenses $9,605
TOTAL EXPENSES $80,747

Year-over-Year Comparison

2023 2022 Change
Revenue $93,110 $80,290 +0.2%
Expenses $80,747 $56,656 +0.4%
Net Income $12,363 $23,634 -0.5%
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

Sign In

Governance

Voting Members
4
Independent Members
2
Employees
4
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
2
$34,001
Total Directors
2
$34,001
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIRSTEN L WICHT PRESIDENT/EXECUTIVE DIRECTOR 40
Officer Director
$34,001 $0 $34,001
DANIEL C WICHT VICE PRESIDENT 10
Officer Director
$0 $0 $0
MELISSA L FINLEY SECRETARY 1
$0 $0 $0
AMANDA M STURGEON TREASURER 1
$0 $0 $0
CLAIRE PEYTON DIRECTOR 1
$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
2023 $93,110 $80,747 $64,415 $12,363
2022 $80,290 $56,666 $39,885 $23,624
2021 $120,940 $112,245 $26,146 $8,695
2020 $106,944 $117,806 $29,629 $-10,862
2019 $113,751 $118,386 $32,512 $-4,635
2018 $138,444 $139,896 $35,009 $-1,452
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FOREVER FAMILIES ADOPTION SERVICES INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.