Civic Intelligence

Open Arms Adoptions Inc.

990 • Fiscal year 2020 • EIN 47-3674005

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

11 River StreetKent, OH 44240

(330) 697-4751

Siviq Scores

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

Liabilities / Assets

90th percentile

0.78x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.53x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

57th percentile

10%

Higher net margin than 57% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$62,987

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

98th percentile

614%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

60%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$396,848

Up $341,229 (+614%) from 2019

Net Assets

Up

$89,046

Up $35,986 (+68%) from 2019

Liabilities

Up

$307,802

Up $305,243 (+11928%) from 2019

Revenue

Up

$581,617

Up $217,504 (+60%) from 2019

Expenses

Up

$521,404

Up $170,528 (+49%) from 2019

Net Income

Up

$60,213

Up $46,976 (+355%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2016: $19,963Liabilities 2016: $4,823Net Assets 2016: $15,1402016Assets 2017: $29,126Liabilities 2017: $6,830Net Assets 2017: $22,2962017Assets 2018: $50,398Liabilities 2018: $10,574Net Assets 2018: $39,8242018Assets 2019: $55,619Liabilities 2019: $2,559Net Assets 2019: $53,0602019Assets 2020: $396,848Liabilities 2020: $307,802Net Assets 2020: $89,0462020Assets 2021: $326,267Liabilities 2021: $270,770Net Assets 2021: $55,4972021Assets 2022: $584,356Liabilities 2022: $645,419Net Assets 2022: -$61,0632022Assets 2023: $533,076Liabilities 2023: $795,327Net Assets 2023: -$262,2512023Assets 2024: $272,623Liabilities 2024: $802,820Net Assets 2024: -$530,1972024

Highlighted filing

2020

Assets$396,848
Liabilities$307,802
Net Assets$89,046

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $101,951Expenses 2016: $90,999Net Income 2016: $10,9522016Revenue 2017: $178,258Expenses 2017: $171,102Net Income 2017: $7,1562017Revenue 2018: $267,948Expenses 2018: $249,114Net Income 2018: $18,8342018Revenue 2019: $364,113Expenses 2019: $350,876Net Income 2019: $13,2372019Revenue 2020: $581,617Expenses 2020: $521,404Net Income 2020: $60,2132020Revenue 2021: $359,181Expenses 2021: $392,730Net Income 2021: -$33,5492021Revenue 2022: $988,498Expenses 2022: $1,124,980Net Income 2022: -$136,4822022Revenue 2023: $1,395,992Expenses 2023: $1,597,180Net Income 2023: -$201,1882023Revenue 2024: $1,254,318Expenses 2024: $1,541,313Net Income 2024: -$286,9952024

Highlighted filing

2020

Revenue$581,617
Expenses$521,404
Net Income$60,213
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.0
Gross Receipts
$597,575
Mission and Program Overview

Mission

Open arms adoptions is a full-service domestic adoption agency. The clients for whom we provide direct services fall into one of three categories: women in crisis over an unplanned/untimely pregnancy, families who wish to adopt infants and families who hope to adopt children from the foster care system. Additionally, one of our primary goals is to raise awareness of the number of us children in the foster care system who are legally free for adoption and to increase the number of families ready and able to provide permanence for those children, particularly those who are part of a sibling group. Open arms adoptions provides counseling services to potential birth parents regarding options for their unborn children to include assistance with parenting, kinship placements and adoption. We provide case management services, referral services and financial support to these young women. Families working with open arms adoptions receive comprehensive training designed to prepare them for the e

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$40,679$277,011▲ $236,332
Accounts Receivable-$54,643-
Intangible Assets-$35,000-
Prepaid Expenses and Deferred Charges-$15,710-
Land, Buildings, and Equipment, Net$11,431$14,471▲ $3,040
Savings and Temporary Cash Investments$3,509$13▼ $3,496
Total Assets$55,619$396,848▲ $341,229
Liabilities
Mortgage Notes Payable Secured by Investment Property-$185,500-
Deferred Revenue-$52,500-
Unsecured Notes Loans Payable-$26,000-
Accounts Payable and Accrued Expenses$59$25,416▲ $25,357
Escrow Account Liability$2,500$18,386▲ $15,886
Total Liabilities$2,559$307,802▲ $305,243
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$53,060$84,046▲ $30,986
Net Assets With Donor Restrictions-$5,000-
Total Net Assets Fund Balance$53,060$89,046▲ $35,986
Total Liabilities and Net Assets / Fund Balance$55,619$396,848▲ $341,229

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,471$4,265$18,736
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacqueline SmigelPresidentFT$62,543$444$62,987

Board Members and Trustees

NameTitle
Adam CopelTrustee
Cathy BakesTrustee
Jeffrey MclainTrustee
Michael CheslockTrustee
Gia GustovichTrustee, Res
Jocelyn DoughertyTrustee, Res
Kathryn WilsonTrustee, Res
Laura JacksonTrustee, Res
Lauren TalionTrustee, Res
Katelin DillonSecretary
Leighann FinkTreasurer
Melissa Niosi-obradovicVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$103,757
Program Service Revenue
$451,929
Investment Income
$0
Other Revenue
$25,931
All Other Contributions
$98,427
Change in Net Assets
$60,213

Audited Revenue Reconciliation

Revenue per Audited Statements
$581,617
Total Revenue per Audited Statements
$581,617
Total Revenue per Form 990
$581,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$286,986
Other Expenses$234,418
Total Fundraising Expense$13,220
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,619$23,807$5,950$198,376
Current Officers, Directors, Trustees, and Key Employees$53,539$7,558$1,890$62,987
Advertising$26,245--$26,245
Fees for Services Other$25,071--$25,071
Payroll Taxes$20,778$2,933$734$24,445
Conferences and Meetings$23,305--$23,305
Insurance$17,869$1,307-$19,176
Office Expenses$15,686$2,139-$17,825
Fees for Services Accounting$11,977$3,869-$15,846
Occupancy$12,589$1,777$444$14,810
Depreciation Depletion$10,318$1,457$364$12,139
Information Technology$8,018$2,004-$10,022
Travel$8,531--$8,531
Other Expenses$3,605$1,911-$5,516
All Other Expenses$1,217-$3,802$5,019
Fees for Services Legal$1,238--$1,238
Other Employee Benefits$1,001$141$36$1,178
Total Functional Expenses$459,281$48,903$13,220$521,404

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$521,404
Total Expenses per Audited Statements$521,404
Total Expenses per Form 990$521,404
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,565
Fundraising Direct Expenses$15,958
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Pull$27,126$21,796$3,975$17,821
Golf Outing$7,705$7,705$1,988$5,717
Total Events$34,831$29,501$13,496$16,005
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 11B

Form 990 is reviewed by the board prior to filing.

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

The agency holds regular board meetings, monitoring and enforcing all policies. Board members sign a written conflict of interest statement, which includes their ongoing duty to inform. Any board member with a potential conflict refrains from voting on said issues.

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

Board members vote annually on compensation of the executive director.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Open Arms Adoptions Inc
EIN
47-3674005
Phone
3306974751
Address
11 RIVER STREET, KENT, OH 44240

Signing Officer

Name
Jacqueline Smigel
Title
President
Phone
3306974751
Signed
2021-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqueline Smigel
Formed
2015
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
7
Employees
25
Volunteers
22

Preparer

Firm
Crum & Company
Address
1640 AKRON PENINSULA RD STE 102, AKRON, OH 44313
Preparer
Kevin K Crum
Phone
3308671222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Open arms adoptions is a full-service domestic adoption agency. The clients for whom we provide direct services fall into one of three categories: women in crisis over an unplanned/untimely pregnancy, families who wish to adopt infants and families who hope to adopt children from the foster care system. Additionally, one of our primary goals is to raise awareness of the number of us children in the foster care system who are legally free for adoption and to increase the number of families ready and able to provide permanence for those children, particularly those who are part of a sibling group. Open arms adoptions provides counseling services to potential birth parents regarding options for their unborn children to include assistance with parenting, kinship placements and adoption. We provide case management services, referral services and financial support to these young women. Families working with open arms adoptions receive comprehensive training designed to prepare them for the experience of being matched with and eventually parenting children placed with them for adoption. The agency also provides support and assistance indefinitely following the placement of children for adoption.

Form 990, Page 2, Part III, Line 4A

Infant adoption - open arms works with women in crisis over an unplanned pregnancy as well as families hoping to adopt newborn babies. Oaa provides pre- and post-adoption counseling, case management services, and education services regarding options and ohio rules and regulations surrounding adoption. Additionally, we gather information necessary to complete a report of social/medical background of the birth family. We assume custody of children voluntarily placed with us for adoption and facilitate an adoptive placement. Open arms works with birth parents and adoptive parents on creating a plan all are comfortable with and that meets the needs of each individual child. For adopting families, we provide ongoing support and post-placement services as well as assistance with finalizing adoptions once the statutory time period has passed. During fiscal year 2020, we provided services to over 40 birth parents, which resulted in 8 infants being placed for adoption. Our goals for 2021 include increasing outreach to professionals who may be treating women in need of our services. We have seen an increase in the number of women being referred to out-of-state adoption agencies who may not share our same philosophies or provide the level of support we believe to be essential to our clients.

Form 990, Part XI, Line 9

Net asset change from change in accounting method -24,227

Form 990, Page 12, Part XII, Line 1

Taxpayer switched from the modified cash basis of accounting in 2019 to the accrual basis in 2020 and has previously filed form 3115, application for change in accounting method prior to 2020.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

During the adoption process parents hoping to adopt give funds to the organization which they then disburse to the birth mother for various approved expenses. If at the end of the adoption process there is still money left over it is returned to the adoptive parents.

Schedule D, Page 3, Part X

The preparation of financial statements in conformity with generally accepted accounting principles requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no contingent tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. If incurred, the organization records tax related penalties and interest as administrative costs in the accompanying statement of activities and changes in net assets. However, the organization incurred no tax related penalties or interest for the year ended december 31, 2020

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IRS990/ActivityOrMissionDesc0OPEN ARMS ADOPTIONS IS A FULL-SERVICE DOMESTIC ADOPTION AGENCY. THE CLIENTS FOR WHOM WE PROVIDE DIRECT SERVICES FALL INTO ONE OF THREE CATEGORIES: WOMEN IN CRISIS OVER AN UNPLANNED/UNTIMELY PREGNANCY, FAMILIES WHO WISH TO ADOPT INFANTS AND FAMILIES WHO HOPE TO ADOPT CHILDREN FROM THE FOSTER CARE SYSTEM. ADDITIONALLY, ONE OF OUR PRIMARY GOALS IS TO RAISE AWARENESS OF THE NUMBER OF US CHILDREN IN THE FOSTER CARE SYSTEM WHO ARE LEGALLY FREE FOR ADOPTION AND TO INCREASE THE NUMBER OF FAMILIES READY AND ABLE TO PROVIDE PERMANENCE FOR THOSE CHILDREN, PARTICULARLY THOSE WHO ARE PART OF A SIBLING GROUP. OPEN ARMS ADOPTIONS PROVIDES COUNSELING SERVICES TO POTENTIAL BIRTH PARENTS REGARDING OPTIONS FOR THEIR UNBORN CHILDREN TO INCLUDE ASSISTANCE WITH PARENTING, KINSHIP PLACEMENTS AND ADOPTION. WE PROVIDE CASE MANAGEMENT SERVICES, REFERRAL SERVICES AND FINANCIAL SUPPORT TO THESE YOUNG WOMEN. FAMILIES WORKING WITH OPEN ARMS ADOPTIONS RECEIVE COMPREHENSIVE TRAINING DESIGNED TO PREPARE THEM FOR THE E
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IRS990/Desc0INFANT ADOPTION - OPEN ARMS WORKS WITH WOMEN IN CRISIS OVER AN UNPLANNED PREGNANCY AS WELL AS FAMILIES HOPING TO ADOPT NEWBORN BABIES. OAA PROVIDES PRE- AND POST-ADOPTION COUNSELING, CASE MANAGEMENT SERVICES, AND EDUCATION SERVICES REGARDING OPTIONS AND OHIO RULES AND REGULATIONS SURROUNDING ADOPTION. ADDITIONALLY, WE GATHER INFORMATION NECESSARY TO COMPLETE A REPORT OF SOCIAL/MEDICAL BACKGROUND OF THE BIRTH FAMILY. WE ASSUME CUSTODY OF CHILDREN VOLUNTARILY PLACED WITH US FOR ADOPTION AND FACILITATE AN ADOPTIVE PLACEMENT. OPEN ARMS WORKS WITH BIRTH PARENTS AND ADOPTIVE PARENTS ON CREATING A PLAN ALL ARE COMFORTABLE WITH AND THAT MEETS THE NEEDS OF EACH INDIVIDUAL CHILD. FOR ADOPTING FAMILIES, WE PROVIDE ONGOING SUPPORT AND POST-PLACEMENT SERVICES AS WELL AS ASSISTANCE WITH FINALIZING ADOPTIONS ONCE THE STATUTORY TIME PERIOD HAS PASSED. DURING FISCAL YEAR 2020, WE PROVIDED SERVICES TO OVER 40 BIRTH PARENTS, WHICH RESULTED IN 8 INFANTS BEING PLACED FOR ADOPTION. OUR GOALS FOR 2021 INCLUDE INCREASING OUTREACH TO PROFESSIONALS WHO MAY BE TREATING WOMEN IN NEED OF OUR SERVICES. WE HAVE SEEN AN INCREASE IN THE NUMBER OF WOMEN BEING REFERRED TO OUT-OF-STATE ADOPTION AGENCIES WHO MAY NOT SHARE OUR SAME PHILOSOPHIES OR PROVIDE THE LEVEL OF SUPPORT WE BELIEVE TO BE ESSENTIAL TO OUR CLIENTS.
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IRS990/MissionDesc0OPEN ARMS ADOPTIONS IS A FULL-SERVICE DOMESTIC ADOPTION AGENCY. THE CLIENTS FOR WHOM WE PROVIDE DIRECT SERVICES FALL INTO ONE OF THREE CATEGORIES: WOMEN IN CRISIS OVER AN UNPLANNED/UNTIMELY PREGNANCY, FAMILIES WHO WISH TO ADOPT INFANTS AND FAMILIES WHO HOPE TO ADOPT CHILDREN FROM THE FOSTER CARE SYSTEM. ADDITIONALLY, ONE OF OUR PRIMARY GOALS IS TO RAISE AWARENESS OF THE NUMBER OF US CHILDREN IN THE FOSTER CARE SYSTEM WHO ARE LEGALLY FREE FOR ADOPTION AND TO INCREASE THE NUMBER OF FAMILIES READY AND ABLE TO PROVIDE PERMANENCE FOR THOSE CHILDREN, PARTICULARLY THOSE WHO ARE PART OF A SIBLING GROUP. OPEN ARMS ADOPTIONS PROVIDES COUNSELING SERVICES TO POTENTIAL BIRTH PARENTS REGARDING OPTIONS FOR THEIR UNBORN CHILDREN TO INCLUDE ASSISTANCE WITH PARENTING, KINSHIP PLACEMENTS AND ADOPTION. WE PROVIDE CASE MANAGEMENT SERVICES, REFERRAL SERVICES AND FINANCIAL SUPPORT TO THESE YOUNG WOMEN. FAMILIES WORKING WITH OPEN ARMS ADOPTIONS RECEIVE COMPREHENSIVE TRAINING DESIGNED TO PREPARE THEM FOR THE E
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IRS990/ProgSrvcAccomActy2Grp/Desc0OPEN ARMS ADOPTIONS PROVIDES A FULL RANGE OF SERVICES TO FAMILIES HOPING TO ADOPT FROM THE FOSTER CARE SYSTEM. SPECIFICALLY, WE PROVIDE FAMILIES WITH EDUCATION AND HOMESTUDY SERVICES TO ASSIST IN PREPARING FAMILIES TO ADOPT FROM FOSTER CARE. WE SEARCH BOTH WITHIN THE STATE OF OHIO AS WELL AS THROUGHOUT THE US IN AN ATTEMPT TO "MATCH" FAMILIES WITH CHILDREN WHOSE NEEDS THEY ARE ABLE TO MEET. OPEN ARMS PROVIDES SUPPORT, CASE MANAGEMENT, REFERRAL AND OTHER SERVICES NECESSARY TO FAMILIES AS THEY TRANSITION CHILDREN INTO THEIR HOMES AS WELL AS FOR A MINIMUM OF 6 MONTHS FOLLOWING PLACEMENT (MOST LONGER. DURING 2020, THE ORGANIZATION ASSISTED IN THE PLACEMENT OF 26 CHILDREN FROM FOSTER CARE INTO THEIR PERMANENT FAMILIES. THIS INCLUDES THE PLACEMENT OF 7 SIBLING GROUPS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0OPEN ARMS ADOPTIONS PROVIDES BOTH PRE-SERVICE AND ONGOING TRAINING TO FOSTER AND ADOPTIVE PARENTS. OUR PRE-SERVICE TRAINING EXCEEDS THAT WHICH IS REQUIRED BY OHIO RULES FOR ADOPTIVE PARENTS AND MEETS THE REQUIREMENTS OF THE STATE FOR LICENSED FOSTER PARENTS. THIS TRAINING PROGRAM FOCUSES ON ATTACHMENT AND TRAUMA-BASED PARENTING STRATEGIES DESIGNED TO ASSIST FAMILIES WITH THE HEALING THEIR CHILDREN NEED. OUR GOAL OVER THE NEXT TWO YEARS IS TO INCREASE THE NUMBER AND VARIETY OF TRAINING OPPORTUNITIES WE PROVIDE TO FAMILIES ONCE THEIR INITIAL HOMESTUDY IS COMPLETE.
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