Flourish Adoption Ministries Inc

EIN: 813001140 501(c)(3) Education

Greenville, SC

Total Revenue
$586,153
Total Expenses
$681,313
Total Assets
$197,375
Net Assets
$144,186
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
SC
Principal Officer
Jeremy Bouknight
Phone
8643739644
Tax Period
2025-01-01 to 2025-12-31

Flourish Adoption Ministries Inc, founded in 2016, is a small nonprofit in the Education sector that reported $586K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $681K exceeded revenue, resulting in a 16% operating deficit.

Mission

Flourish Adoption Ministries exists to build families as God designed, to offer affordable adoptions with integrity, and to provide support in a way that honors everyone.

Program Service Accomplishments

Program 1
Expenses: $257,391 Revenue: $467,309

DOMESTIC INFANT ADOPTIONS: SUPPORTING EXPECTANT, BIRTH, AND ADOPTIVE FAMILIES THROUGHOUT THE ADOPTION JOURNEY WITH SEAMLESS COMMUNICATION, ADOPTION-RELATED EDUCATION, AND FAITH-BASED ENCOURAGEMENT...

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DOMESTIC INFANT ADOPTIONS: SUPPORTING EXPECTANT, BIRTH, AND ADOPTIVE FAMILIES THROUGHOUT THE ADOPTION JOURNEY WITH SEAMLESS COMMUNICATION, ADOPTION-RELATED EDUCATION, AND FAITH-BASED ENCOURAGEMENT WHILE BEING AN ETHICAL AND AFFORDABLE AGENCY FOR DOMESTIC INFANT ADOPTIONS.

Program 2
Expenses: $191,222 Revenue: $28,897

EMBRYO ADOPTIONS: SUPPORTING BOTH ADOPTIVE AND DONOR FAMILIES THROUGHOUT THE EMBRYO ADOPTION JOURNEY WITH SEAMLESS COMMUNICATION, CLINIC COORDINATION, LEGAL COORDINATION WITH EXPERIENCED ATTORNEYS...

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EMBRYO ADOPTIONS: SUPPORTING BOTH ADOPTIVE AND DONOR FAMILIES THROUGHOUT THE EMBRYO ADOPTION JOURNEY WITH SEAMLESS COMMUNICATION, CLINIC COORDINATION, LEGAL COORDINATION WITH EXPERIENCED ATTORNEYS, ADOPTION-RELATED EDUCATION, AND FAITH-BASED ENCOURAGEMENT WHILE BEING AN ETHICAL AND AFFORDABLE AGENCY FOR EMBRYO ADOPTIONS.

Program 3
Expenses: $126,601

BIRTH MOTHER SUPPORT: MONTHLY SUPPORT GROUP, ACCESS TO STAFF, CARE BOXES, LIFETIME COUNSELING PROVIDED TO ANY BIRTH MOTHER POST PLACEMENT, AND ANNUAL EVENTS HOSTED BY AGENCY FOR BIRTH MOTHERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $87,174
Program Service Revenue $499,277
Investment Income $4,426
Other Revenue $-4,724
TOTAL REVENUE $586,153

Expense Breakdown

Grants Paid $0
Salaries & Benefits $365,674
Fundraising Expenses $0
Program Expenses $668,325
Other Expenses $315,639
TOTAL EXPENSES $681,313

Year-over-Year Comparison

2025 2024 Change
Revenue $586,153 $624,165 -0.1%
Expenses $681,313 $669,608 +0.0%
Net Income $-95,160 $-45,443 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
5
Volunteers
8

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
$124,496
Total Directors
4
$124,496
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Bordeaux Executive Dir. 50.00
Officer Director
$124,496 $0 $124,496
Jeremy Bouknight President 5.00
Officer Director
$0 $0 $0
Justin Broome Director 5.00
Director
$0 $0 $0
Adam Tenry Treasurer 5.00
Officer 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
2025 $586,153 $681,313 $197,375 $-95,160
2024 No data No data No data No data
2023 $619,273 $590,166 $311,841 $29,107
2022 $726,287 $679,541 $273,738 $46,746
2021 $653,646 $578,924 $243,569 $74,722
2020 $626,090 $555,254 $238,587 $70,836
2019 $652,179 $967,592 $98,482 $-315,413
2018 $1,388,385 $1,185,415 $347,817 $202,970
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