Adoption Resource Associates
- Assets
- $195.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 04-3179513
Organization Overview
Adoption Resource Associates is located in Cambridge, MA. The organization was established in 1996. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adoption Resource Associates is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Adoption Resource Associates generated $87.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $273.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ADOPTION RESOURCE ASSOCIATES HAS HELPED MANY FAMILIES WITH PRE-ADOPTION CONSULTING, SUCH AS HOME STUDIES, ADOPTION SERVICES AND POST-PLACEMENT SERVICES, SUCH AS COUNSELING AND IN-HOME FOLLOW UP VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Nemeyer President | 20 | $86,214 | |
Mateo Nemeyer Member | 10 | $46,751 | |
Samantha Sass Secretary/treas | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $87,100 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,103 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $143,963 |
| Professional fees and other payments to independent contractors | $15,800 |
| Occupancy, rent, utilities, and maintenance | $7,783 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $105,939 |
| Total expenses | $273,485 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $285 |
| Other assets | $0 |
| Total assets | $195,475 |
| Total liabilities | $684,739 |
| Net assets or fund balances | -$489,264 |