Courageous Hearts Adoptions Inc
- Assets
- $110.1k
- Revenue
- $206.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Franklin, IN
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-3914573
Organization Overview
Courageous Hearts Adoptions Inc is located in Franklin, IN. The organization was established in 2019. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Courageous Hearts Adoptions Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Courageous Hearts Adoptions Inc 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 12/2021, Courageous Hearts Adoptions Inc generated $206.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $152.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPETENT AND TRANSPARENT ADOPTION SERVICES WHICH MEET THE UNMET NEEDS OF THE BIRTH PARENTS WE SERVE, WHILE REDUCING THE FINANCIAL RISKS TO POTENTIAL ADOPTIVE PARENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COMPETENT AND TRANSPARENT ADOPTION SERVICES WHICH MEET THE UNMET NEEDS OF THE BIRTH PARENTS WE SERVE, WHILE REDUCING THE FINANCIAL RISKS TO POTENTIAL ADOPTIVE PARENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Baker Board Member | Trustee | 40 | $29,462 |
Julie Menefee Secr/treas | OfficerTrustee | 5 | $0 |
Gregory Menefee President | OfficerTrustee | 5 | $0 |
Andrew Lorenzen-Strait Board Member | Trustee | 2 | $0 |
Michele Lorbieski Board Member | Trustee | 2 | $0 |
Kristin Jackson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,422 |
| Noncash contributions included in lines 1a–1f | $20,005 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,422 |
| Total Program Service Revenue | $173,731 |
| Investment income | $49 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,445 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,462 |
| Compensation of current officers, directors, key employees. | $2,946 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,390 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,274 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,912 |
| All other expenses | $1,542 |
| Total functional expenses | $151,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,369 |
| Savings and temporary cash investments | $52,733 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,102 |
| Accounts payable and accrued expenses | $8,325 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,325 |
| Net assets without donor restrictions | $101,777 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $110,102 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Courageous Hearts Adoptions Inc has recieved totaling $15,500.
| Awarding Organization | Amount |
|---|---|
Promise 686 Inc Peachtree Corners, GA PURPOSE: Adop/Foster | $7,750 |
Promise 686 Inc Peachtree Corners, GA PURPOSE: Adop/Foster | $7,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Loving Shepherd International Services And Foundation Inc Bluffton, IN | $8,964,862 | $6,717,306 |
Cradle Society Evanston, IL | $19,568,827 | $5,191,251 |
Catholic Charities Of The Diocese Of Green Bay Inc Green Bay, WI | $5,651,491 | $3,271,884 |
Gift Of Adoption Fund Inc Northbrook, IL | $3,486,215 | $3,630,758 |
Greenlight Family Services Chicago, IL | $1,290,950 | $2,398,655 |
Coalition For Children Youth & Families West Allis, WI | $886,989 | $1,382,781 |
Reeces Rainbow Inc Combined Locks, WI | $2,324,783 | $1,139,768 |
Christian Family Services Inc Webster Groves, MO | $1,417,871 | $1,074,925 |
Adoption Assistance Inc Louisville, KY | $190,301 | $756,420 |
Orphan Care Alliance Inc Louisville, KY | $944,171 | $676,414 |
Academy Of Adoption And Assisted Reproduction Attorneys Inc Greenwood, IN | $617,556 | $550,937 |
Adoption Center For Family Building Skokie, IL | $337,534 | $708,208 |