THE ADOPTION PROJECT INC (EIN 872772351) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

JEREMY S HARRELL

Phone

6154764853

Tax Period

2023-01-01 to 2023-12-31

THE ADOPTION PROJECT INC, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $655K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 17% operating margin.

Mission

TO IDENTIFY AND ADVOCATE FOR POLICIES THAT MAKE IT EASY TO BUILD FAMILIES THROUGH ADOPTION AND FOSTER CARE, AND IN THE BEST INTERESTS OF CHILDREN, ADOPTIVE PARENTS, AND BIRTH PARENTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $524,700

Program Service Revenue $0

Investment Income $0

Other Revenue $130,453

TOTAL REVENUE $655,153

Expense Breakdown

Grants Paid $0

Salaries & Benefits $479,364

Fundraising Expenses $0

Program Expenses $474,729

Other Expenses $64,142

TOTAL EXPENSES $543,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$655,153	$433,500	+0.5%
Expenses	$543,506	$432,430	+0.3%
Net Income	$111,647	$1,070	+103.3%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$244,657

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY S HARRELL	PRESIDENT	50.00	Officer	$224,940	$19,717	$244,657
DANIELLE BARNES	DIRECTOR	1.00	Director	$0	$0	$0
CARTER LAWRENCE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MCCORMACK	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTI GIBBS	SECRETARY	1.00	Officer	$0	$0	$0
BRAD TURNER	CHAIR	1.00	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	No data	No data	No data	No data
2023	$655,153	$543,506	$201,842	$111,647
2022	$433,500	$432,430	$88,489	$1,070

THE ADOPTION PROJECT INC