A BOND OF LOVE ADOPTION AGENCY INC

EIN: 650307813 501(c)(3) Human Services

SARASOTA, FL

Total Revenue
$274,468
Total Expenses
$240,771
Total Assets
$452,035
Net Assets
$400,299
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
FL
Principal Officer
ANGELA RAE CAREY
Phone
9419570064
Tax Period
2024-01-01 to 2024-12-31

A BOND OF LOVE ADOPTION AGENCY INC, founded in 1991, is a small nonprofit in the Human Services sector that reported $274K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $241K left a modest 12% surplus.

Mission

ABL IS A NON-PROFIT, LICENSED CHILD-PLACING AGENCY THAT OFFERS A UNIQUE BLEND OF ADOPTION SERVICES TO MEET THE GROWING NEEDS OF BIRTH PARENTS AND PROSPECTIVE ADOPTIVE COUPLES. THE FULL SPECTRUM OF SERVICES AVAILABLE THROUGH AN ADOPTION AGENCY, COMBINED WITH THE FLEXIBILITY TRADITIONALLY ASSOCIATED WITH INDEPENDENT ATTORNEY PLACEMENTS, PROVIDE FOR PERSONAL FREEDOM AND CHOICES FOR ALL MEMBERS OF THE ADOPTION TRIAD. ABL PERFORMS A COMPREHENSIVE HOME STUDY. THIS IN-DEPTH PROCESS PROVIDES AS MUCH MEDICAL BACKGROUND AND SOCIAL HISTORY ON THE BIRTHPARENTS AS POSSIBLE. IN ADDITION, THE PROCESS THOROUGHLY SCREENS ALL PROSPECTIVE ADOPTIVE HOMES TO ENSURE THEIR SUITABILITY FOR THE PLACEMENT OF THE CHILD. AS A LICENSED CHILD-PLACING AGENCY, ABL IS ABLE TO PLACE CHILDREN WITH ADOPTIVE FAMILIES RESIDING THROUGHOUT THE UNITED STATES. IN ADDITION, ABL CAN WORK WITH BIRTH FAMILIES LOCALLY AND ON A NATIONAL BASIS.

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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 $17,785
Program Service Revenue $256,683
Investment Income $0
Other Revenue $0
TOTAL REVENUE $274,468

Expense Breakdown

Grants Paid $13,442
Salaries & Benefits $126,293
Fundraising Expenses $0
Program Expenses $182,902
Other Expenses $101,036
TOTAL EXPENSES $240,771

Year-over-Year Comparison

2024 2023 Change
Revenue $274,468 $181,214 +0.5%
Expenses $240,771 $271,505 -0.1%
Net Income $33,697 $-90,291 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
3
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
$60,221
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACY CLIPPARD DIRECTOR 1.00
Director
$0 $0 $0
CURT ESKEW DIRECTOR 1.00
Director
$0 $0 $0
EMILY TORRES DIRECTOR 1.00
Director
$0 $0 $0
PETER NABOR DIRECTOR 1.00
Director
$0 $0 $0
JACKIE HESTER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ANGELA CAREY EXECUTIVE DIRECTOR 40.00
Officer
$60,221 $0 $60,221
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 $274,468 $240,771 $452,035 $33,697
2022 $254,862 $271,507 $486,013 $-16,645
2021 $374,105 $258,644 $503,442 $115,461
2020 $310,462 $259,850 $418,777 $50,612
2019 $333,111 $260,524 $333,515 $72,587
2018 $348,482 $234,156 $269,377 $114,326
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