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Nonprofiteer
← CAROLINA ADOPTION SERVICES INC

Form 990 for tax year 2023

Filed by CAROLINA ADOPTION SERVICES INC.

Totals

Total revenue
$275,452
Total expenses
$423,049
Contributions and grants received
$38,630
Grants paid
$0
Program service revenue
$212,267
Investment income
$313
Other revenue
$24,242
Total assets, end of year
$286,111
Total liabilities, end of year
$563,298
Net assets or fund balances, end of year
-$277,187
Program services expenses (Part IX)
$330,760
Management and general expenses
$86,039
Fundraising expenses
$6,250
Program service expenses (Part III)
$330,760

Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $19,910

  • 1f · All other contributions, gifts and grants

    $18,720

  • 2a · Program service revenue: FOREIGN ADOPTION FEES

    total $68,190 · related or exempt $68,190

  • 2b · Program service revenue: HOMESTUDY FEES

    total $65,967 · related or exempt $65,967

  • 2c · Program service revenue: DOMESTIC ADOPTION FEES

    total $46,834 · related or exempt $46,834

  • 2d · Program service revenue: POST ADOPTION FEES

    total $14,505 · related or exempt $14,505

  • 2e · Program service revenue: FOSTER ADMIN FEES

    total $12,771 · related or exempt $12,771

  • 2f · All other program service revenue

    total $4,000 · related or exempt $4,000

  • 3 · Investment income

    total $313 · excluded $313

  • 8a · Fundraising events: gross income

    $58,633

  • 8a · Fundraising events: contributions included on line 1c

    $19,910

  • 8b · Fundraising events: direct expenses

    $34,864

  • 8c · Net income from fundraising events

    total $23,769 · excluded $23,769

  • 11a · Other revenue: OTHER INCOME

    total $473 · related or exempt $473

  • 11e · Other revenue, total

    $473

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $281,224 · program services $210,918 · management and general $67,494 · fundraising $2,812

  • 9 · Other employee benefits

    total $16,928 · program services $13,722 · management and general $3,077 · fundraising $129

  • 10 · Payroll taxes

    total $21,475 · program services $16,106 · management and general $5,154 · fundraising $215

  • 11c · Fees: accounting

    total $10,400 · program services $8,320 · management and general $2,080

  • 11g · Fees: other

    total $6,561 · program services $5,937 · management and general $624

  • 12 · Advertising and promotion

    total $6,235 · program services $6,235

  • 13 · Office expenses

    total $13,156 · program services $9,840 · management and general $605 · fundraising $2,711

  • 14 · Information technology

    total $16,500 · program services $15,230 · management and general $1,143 · fundraising $127

  • 16 · Occupancy

    total $20,867 · program services $18,510 · management and general $2,128 · fundraising $229

  • 17 · Travel

    total $8,639 · program services $8,207 · management and general $432

  • 20 · Interest

    total $1,410 · management and general $1,410

  • 22 · Depreciation, depletion and amortization

    total $1,952 · program services $1,816 · management and general $109 · fundraising $27

  • 23 · Insurance

    total $7,621 · program services $5,838 · management and general $1,783

  • 24a · Other expenses: HUMANITARIAN RELIEF PAID

    total $5,026 · program services $5,026

  • 24b · Other expenses: BANK AND CREDIT CARD FEES

    total $4,006 · program services $4,006

  • 24c · Other expenses: OTHER EXPENSES

    total $818 · program services $818

  • 24d · Other expenses: BIRTH MOTHER EXPENSES

    total $231 · program services $231

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $179,428 · end of year $184,899

  • 4 · Accounts receivable

    beginning of year $29,479 · end of year $25,809

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,489 · end of year $3,694

  • 10a · Land, buildings and equipment: cost or other basis

    $107,019

  • 10b · Land, buildings and equipment: accumulated depreciation

    $92,543

  • 10c · Land, buildings and equipment, net

    beginning of year $16,428 · end of year $14,476

  • 11 · Investments: publicly traded securities

    beginning of year $18,417 · end of year $18,645

  • 14 · Intangible assets

    beginning of year $38,588 · end of year $38,588

  • 17 · Accounts payable and accrued expenses

    beginning of year $93,230 · end of year $90,752

  • 19 · Deferred revenue

    beginning of year $100,487 · end of year $100,087

  • 23 · Secured mortgages and notes payable

    end of year $175,000

  • 24 · Unsecured notes and loans payable

    beginning of year $38,787 · end of year $38,787

  • 25 · Other liabilities

    beginning of year $186,915 · end of year $158,672

  • 27 · Net assets without donor restrictions

    beginning of year -$177,832 · end of year -$325,429

  • 28 · Net assets with donor restrictions

    beginning of year $48,242 · end of year $48,242

Mission and programs · 2023

Mission

CAROLINA ADOPTION SERVICES PROVIDES INTERNATIONAL AND DOMESTIC ADOPTION SERVICES, FOSTER CARE, HOME STUDIES, AND POST ADOPTION SUPPORT FOR CHILDREN, YOUTH AND ADOPTIVE FAMILIES.

  • CAROLINA ADOPTION SERVICES PROVIDES INTERNATIONAL AND DOMESTIC ADOPTION SERVICES, FOSTER CARE, HOME STUDIES, AND POST ADOPTION SUPPORT FOR CHILDREN, YOUTH AND ADOPTIVE FAMILIES.

    Expenses $330,760 · Revenue $206,296

As filed on the 2023 return.

Listed in Part VII

  • Phyllis Stephenson

    EXECUTIVE DI

    Total calculated
    $34,193
    From this org
    $34,193
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 1 related

  • Dr Gerald Nebeker

    CHAIR

    Total calculated
    $0

  • Kendra Parker

    SECRETARY

    Total calculated
    $0

  • Joshua J Auer

    DIRECTOR

    Total calculated
    $0

  • Doug Davis

    DIRECTOR

    Total calculated
    $0

  • Kirsten Walker

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.0
Source object
202421369349306177

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