WACAP World Association for Children and Parents
- Assets
- $0.0
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 50
- Location
- Seattle, WA
- Founding
- 04/1977
- Data as of
- 06/2019
- EIN
- 91-0962079
Organization Overview
WACAP World Association for Children and Parents is located in Seattle, WA. The organization was established in 1977. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 06/2019, WACAP World Association for Children and Parents employed 50 individuals. WACAP World Association for Children and Parents 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 06/2019, WACAP World Association for Children and Parents generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
WACAP (WORLD ASSOCIATION FOR CHILDREN AND PARENTS) BELIEVES EVERY CHILD DESERVES A FAMILY. A LEADING CHILD-HUMANITARIAN AID AND ADOPTION AGENCY, WACAP IS DRIVEN BY THE MISSION TO SERVE ORPHANS AND VULNERABLE CHILDREN WITHOUT FAMILIES. KNOWING CHILDREN GROW BEST IN FAMILIES, WACAP SUPPORTS THEIR REMAINING WITH BIRTH FAMILIES AND WHEN THAT IS NOT POSSIBLE WACAP WORKS TO FIND EACH CHILD AN ADOPTIVE FAMILY. SINCE 1976, WACAP HAS PLACED OVER 10,000 CHILDREN WITH LOVING ADOPTIVE PARENTS. MANY OF THESE CHILDREN HAVE SPECIAL NEEDS, ARE OLDER, HAVE MEDICAL NEEDS OR SIBLINGS WHO ARE PLACED TOGETHER. FOR EVERY CHILD ADOPTED MANY MORE ARE LEFT BEHIND. WACAP GOES BEYOND TRADITIONAL ADOPTION SERVICES TO INCLUDE CHILD ASSISTANCE AND SPONSORSHIP. THE AGENCY HAS PROVIDED FOOD, MEDICAL CARE, AND EDUCATION TO OVER 200,000 CHILDREN WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION SERVICES - DOMESTIC AND INTERNATIONAL PLACEMENT OF CHILDREN WITH FAMILIES, HOMESTUDIES FOR FAMILIES, POST PLACEMENT SERVICES, AND ACTING AS INTERMEDIARY IN BRINGING CHILDREN AND FAMILIES TOGETHER IN ACCEPTABLE RELATIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Eubanks President & CEO | Officer | 40 | $127,371 |
Skott Pope Vice Chair | Trustee | 1 | $0 |
Dave Janssen Treasurer | Trustee | 3 | $0 |
Matthew Tirman Director | Trustee | 1 | $0 |
Phil Rosnik Prior Chair | Trustee | 3 | $0 |
Laura Mcmillan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $180,987 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $327,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $508,670 |
| Total Program Service Revenue | $1,477,736 |
| Investment income | $10,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,400 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,491 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,053,471 |
| 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. | $101,333 |
| Compensation of current officers, directors, key employees. | $45,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,176,409 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,845 |
| Payroll taxes | $110,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,630 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,530 |
| Fees for services: Other | $54,090 |
| Advertising and promotion | $30,907 |
| Office expenses | $6,909 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,742 |
| Travel | $15,598 |
| 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 | $21,729 |
| Insurance | $82,112 |
| All other expenses | $138,173 |
| Total functional expenses | $2,642,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that WACAP World Association for Children and Parents has recieved totaling $29,234.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,710 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,710 |
Promise 686 Inc Peachtree Corners, GA PURPOSE: Adop. Assistance | $7,814 |
Endowment Analysis
| Beg. Balance | $1,045,344 |
| Earnings | $14,968 |
| Admin Expense | -$6,185 |
| Ending Balance | $1,054,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
WACAP World Association for Children and Parents Seattle, WA | $0 | $2,053,471 |
Holt International Foundation Of China Eugene, OR | $28,775 | $2,379,545 |
Open Adoption & Family Services Inc Portland, OR | $1,389,687 | $1,661,234 |
Heartline Ministries Sunnyside, WA | $2,436,062 | $1,276,298 |
A New Beginning Adoption Agency Inc Boise, ID | $248,643 | $901,241 |
Alaska Adoption Services Eagle River, AK | $232,122 | $701,563 |
Kidspire Portland, OR | $766,717 | $696,221 |
Agape Adoptions Sumner, WA | $348,002 | $398,720 |
Choice Adoptions Clackamas, OR | $331,601 | $489,995 |
Antioch Adoptions Redmond, WA | $886,701 | $598,408 |
Future And Hope Inc Jerome, ID | $1,628,115 | $244,697 |
Adoptionlife Org Inc Rexburg, ID | $0 | $0 |