Civic Intelligence

Forever Families Through Adoption Inc.

990 • Fiscal year 2013 • EIN 20-8879080

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 30, 2014

62 Bowman Avenue10573

(914) 939-1180

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.55x

Higher debt load relative to assets than 84% of similar nonprofits.

2013 filings • NTEE P • <$500k nonprofits • Source year 2013

Liabilities / Revenue

86th percentile

0.28x

Higher debt load relative to revenue than 86% of similar nonprofits.

2013 filings • NTEE P • <$500k nonprofits • Source year 2013

Net Margin

66th percentile

9.7%

Higher net margin than 66% of similar nonprofits.

2013 filings • NTEE P • <$500k nonprofits • Source year 2013

Top Officer Pay

99th percentile

$102,688

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2013 filings • NTEE P • <$500k nonprofits • Source year 2013

Asset Growth

86th percentile

72%

Faster asset growth than 86% of similar nonprofits.

2013 filings • NTEE P • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$248,898

Up $104,301 (+72%) from 2012

Net Assets

Up

$112,343

Up $46,671 (+71%) from 2012

Liabilities

Up

$136,555

Up $57,630 (+73%) from 2012

Revenue

$479,850

No earlier filing loaded for comparison.

Expenses

Down

$433,179

Down $44,176 (-9.3%) from 2012

Net Income

$46,671

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2010: $191,288Liabilities 2010: $90,905Net Assets 2010: $100,3832010Assets 2011: $185,131Liabilities 2011: $77,035Net Assets 2011: $108,0962011Assets 2012: $144,597Liabilities 2012: $78,925Net Assets 2012: $65,6722012Assets 2013: $248,898Liabilities 2013: $136,555Net Assets 2013: $112,3432013Assets 2014: $360,467Liabilities 2014: $141,948Net Assets 2014: $218,5192014Assets 2015: $323,970Liabilities 2015: $136,282Net Assets 2015: $187,6882015Assets 2016: $177,882Liabilities 2016: $82,479Net Assets 2016: $95,4032016Assets 2017: $289,894Liabilities 2017: $168,794Net Assets 2017: $121,1002017Assets 2018: $440,414Liabilities 2018: $288,198Net Assets 2018: $152,2162018Assets 2019: $376,655Liabilities 2019: $212,772Net Assets 2019: $163,8832019Assets 2020: $241,826Liabilities 2020: $194,148Net Assets 2020: $47,6782020Assets 2021: $197,162Liabilities 2021: $167,726Net Assets 2021: $29,4362021Assets 2022: $169,851Liabilities 2022: $164,914Net Assets 2022: $4,9372022Assets 2023: $107,102Liabilities 2023: $167,102Net Assets 2023: -$60,0002023Assets 2024: $55,521Liabilities 2024: $88,460Net Assets 2024: -$32,9392024

Highlighted filing

2013

Assets$248,898
Liabilities$136,555
Net Assets$112,343

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $495,6452010Expenses 2011: $504,9082011Expenses 2012: $477,3552012Revenue 2013: $479,850Expenses 2013: $433,179Net Income 2013: $46,6712013Revenue 2014: $566,086Expenses 2014: $459,910Net Income 2014: $106,1762014Revenue 2015: $434,441Expenses 2015: $465,272Net Income 2015: -$30,8312015Revenue 2016: $332,077Expenses 2016: $430,703Net Income 2016: -$98,6262016Revenue 2017: $396,663Expenses 2017: $370,966Net Income 2017: $25,6972017Revenue 2018: $434,473Expenses 2018: $403,357Net Income 2018: $31,1162018Revenue 2019: $444,159Expenses 2019: $432,492Net Income 2019: $11,6672019Revenue 2020: $304,070Expenses 2020: $420,275Net Income 2020: -$116,2052020Revenue 2021: $342,206Expenses 2021: $360,448Net Income 2021: -$18,2422021Revenue 2022: $324,738Expenses 2022: $349,237Net Income 2022: -$24,4992022Revenue 2023: $204,283Expenses 2023: $337,364Net Income 2023: -$133,0812023Revenue 2024: $224,691Expenses 2024: $350,338Net Income 2024: -$125,6472024

Highlighted filing

2013

Revenue$479,850
Expenses$433,179
Net Income$46,671
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 30, 2014
Return Version
2013v3.1
Gross Receipts
$479,850
Mission and Program Overview

Mission

Adoption agency and resource center with the goal to educate the community about adoption and related parenting issues and provide adoption services for every eligible child regardless of race or ethnic background or physical or emotional challenge through domestic and international adoptions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$130,604$238,267▲ $107,663
Rtn Earn Endowment Incm Other Fnds$65,672$112,343▲ $46,671
Prepaid Expenses and Deferred Charges$10,439$9,202▼ $1,237
Land, Buildings, and Equipment, Net$2,194$1,429▼ $765
Accounts Receivable$1,360--
Total Assets$144,597$248,898▲ $104,301
Liabilities
Other Liabilities$73,948$130,854▲ $56,906
Accounts Payable and Accrued Expenses$4,977$5,701▲ $724
Total Liabilities$78,925$136,555▲ $57,630
Net Assets / Fund Balance
Total Net Assets Fund Balance$65,672$112,343▲ $46,671
Total Liabilities and Net Assets / Fund Balance$144,597$248,898▲ $104,301

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,429$2,753$4,182
Compensation and Service Providers

Employees

NameTitleBaseTotal
Joy GoldsteinExec Directo$102,688$102,688

Board Members and Trustees

NameTitle
Nancy LaxerPresident
Amy HechtDirector
Anne BeierDirector
Leah WestDirector
Marta Moya GoldenbergDirector
Rachel LauriaDirector
Roberto Olazagasti JrDirector
Sam PitkowskyDirector
Sandra DoerrDirector
Sam KarlinerSecretary
Karen EisenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,616
Program Service Revenue
$434,234
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$46,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$292,082
Other Expenses$141,097
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,855$127,856-$255,711
Advertising$22,376$18,182-$40,558
Occupancy$4,896$23,904-$28,800
Payroll Taxes$12,171$12,172-$24,343
Fees for Services Other-$16,434-$16,434
Other Employee Benefits$6,014$6,014-$12,028
Insurance$2,438$9,324-$11,762
All Other Expenses$2,474$7,240-$9,714
Fees for Services Accounting-$4,000-$4,000
Office Expenses$1,940$1,942-$3,882
Conferences and Meetings$3,023$606-$3,629
Other Expenses$2,796$2,061-$2,796
Depreciation Depletion-$765-$765
Total Functional Expenses$192,781$240,398$0$433,179
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$45,616---
Total Events$45,616---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Client Expense Account$125,951
Credit Card Payable$4,622
Payroll Taxes$281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Michael goldstein joy goldstein co-founder exec directo family relationship

Form 990, Page 6, Part VI, Line 11B

Treasurer, president, secretary, one other financial board member and executive director will review the returns before they are filed. Returns are available for review by any board members.

Form 990, Page 6, Part VI, Line 12C

Board members annually update their conflict of interest statements.

Form 990, Page 6, Part VI, Line 15A

Review by board of trustees

Form 990, Page 6, Part VI, Line 19

All documents available to the public by request or through guide star.

Filing and Contact Details

Filer

EIN
20-8879080
Phone
9149391180

Signing Officer

Name
Karen Eisenberg
Title
Treasurer
Phone
9149391180
Signed
2014-09-30

Organization Details

Principal Officer
Nancy Laxer
Formed
2007
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
14

Preparer

Preparer
Jay Howard Goldstein
Phone
9143850230
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Adoption agency and resource center with the goal to educate the community about adoption and related parenting issues and provide adoption services for every eligible child regardless of race or ethnic background or physical or emotional challenge through domestic and international adoptions.

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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt065672
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0112343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt042084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0207843
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0434234
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.86390
IRS990ScheduleA/PublicSupportTotal170Amt0207843
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt045649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt042084
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0207843
IRS990ScheduleA/TotalSupportAmt0207843
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01429
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02753
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0125951
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14622
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLIENT EXPENSE ACCOUNT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01429
IRS990ScheduleD/TotalLiabilityAmt0130854
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt045616
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt045616
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt045616
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt045616
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0FUNDRAISING EVE
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADOPTION AGENCY AND RESOURCE CENTER WITH THE GOAL TO EDUCATE THE COMMUNITY ABOUT ADOPTION AND RELATED PARENTING ISSUES AND PROVIDE ADOPTION SERVICES FOR EVERY ELIGIBLE CHILD REGARDLESS OF RACE OR ETHNIC BACKGROUND OR PHYSICAL OR EMOTIONAL CHALLENGE THROUGH DOMESTIC AND INTERNATIONAL ADOPTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MICHAEL GOLDSTEIN JOY GOLDSTEIN CO-FOUNDER EXEC DIRECTO FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TREASURER, PRESIDENT, SECRETARY, ONE OTHER FINANCIAL BOARD MEMBER AND EXECUTIVE DIRECTOR WILL REVIEW THE RETURNS BEFORE THEY ARE FILED. RETURNS ARE AVAILABLE FOR REVIEW BY ANY BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ANNUALLY UPDATE THEIR CONFLICT OF INTEREST STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW BY BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS AVAILABLE TO THE PUBLIC BY REQUEST OR THROUGH GUIDE STAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0144597
IRS990/TotalAssetsEOYAmt0248898
IRS990/TotalAssetsGrp/BOYAmt0144597
IRS990/TotalAssetsGrp/EOYAmt0248898
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt045616
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0240398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0192781
IRS990/TotalFunctionalExpensesGrp/TotalAmt0433179
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt078925
IRS990/TotalLiabilitiesEOYAmt0136555
IRS990/TotalLiabilitiesGrp/BOYAmt078925
IRS990/TotalLiabilitiesGrp/EOYAmt0136555
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt065672
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0112343
IRS990/TotalProgramServiceExpensesAmt0192781
IRS990/TotalProgramServiceRevenueAmt0434234
IRS990/TotalReportableCompFromOrgAmt0102688
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0434234
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0479850
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0144597
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0248898
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine10370 EAST 76TH STREET
IRS990/USAddress/City0NEW YORK
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode010021
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.FOREVERFAMILIESTHROUGHADOPTION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN EISENBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09149391180
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10FOREVER FAMILIES THROUGH ADOPTION
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0208879080
ReturnHeader/Filer/PhoneNum09149391180
ReturnHeader/Filer/USAddress/AddressLine1062 BOWMAN AVENUE
ReturnHeader/Filer/USAddress/City0RYE BROOK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010573
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274265350
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10JAY HOWARD GOLDSTEIN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101025 WESTCHESTER AVE STE 305
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WHITE PLAINS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0106043536
ReturnHeader/PreparerPersonGrp/PhoneNum09143850230
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY HOWARD GOLDSTEIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-10-24T14:23:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.88$0.33$2.25$3.50$1.26
2023Summary only. Only limited summary data is available for this year.$1.07$1.67$0.60$2.04$3.37$1.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$1.65$0.05$3.25$3.49$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$1.68$0.29$3.42$3.60$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$1.94$0.48$3.04$4.20$1.16
2019Summary only. Only limited summary data is available for this year.$3.77$2.13$1.64$4.44$4.32$0.12
2018Summary only. Only limited summary data is available for this year.$4.40$2.88$1.52$4.34$4.03$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$1.69$1.21$3.97$3.71$0.26
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.82$0.95$3.32$4.31$0.99
2015Detailed filing. Detailed filing data is available for this year.$3.24$1.36$1.88$4.34$4.65$0.31
2014Detailed filing. Detailed filing data is available for this year.$3.60$1.42$2.19$5.66$4.60$1.06
2013Detailed filing. Detailed filing data is available for this year.$2.49$1.37$1.12$4.80$4.33$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.79$0.66$4.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.77$1.08$5.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.91$1.00$4.96
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • NTEE P31 • <$500k nonprofits