Civic Intelligence

Open Arms Adoptions Inc.

990 • Fiscal year 2023 • EIN 47-3674005

Jul 01, 2022 to Jun 30, 2023 • Filed on May 01, 2024

11 River Street Suite BKent, OH 44240

(330) 697-4751

Siviq Scores

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

Liabilities / Assets

97th percentile

1.49x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.57x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

59th percentile

$81,018

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

15th percentile

-8.8%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

41%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$533,076

Down $51,280 (-8.8%) from 2022

Net Assets

Down

-$262,251

Down $201,188 (-329%) from 2022

Liabilities

Up

$795,327

Up $149,908 (+23%) from 2022

Revenue

Up

$1,395,992

Up $407,494 (+41%) from 2022

Expenses

Up

$1,597,180

Up $472,200 (+42%) from 2022

Net Income

Down

-$201,188

Down $64,706 (-47%) from 2022

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

2023

Assets$533,076
Liabilities$795,327
Net Assets-$262,251

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

2023

Revenue$1,395,992
Expenses$1,597,180
Net Income-$201,188
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 1, 2024
Return Version
2022v5.0
Gross Receipts
$1,443,227
Mission and Program Overview

Mission

Open arms adoptions works with women in crisis over an unplanned pregnancy as well as families hoping to adopt newborn babies. Our services to women/couples whose infants are diagnosed (either prenatally or at birth) with complex medical conditions has also continued and culminated in the placement of 4 medically complex children during the past fiscal year. 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 related to birth families. We assume custody of children voluntarily placed with us for adoption and facilitate an adoptive placement. Oaa 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 assistan

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$468,601$298,949▼ $169,652
Land, Buildings, and Equipment, Net$16,116$124,608▲ $108,492
Accounts Receivable$57,171$104,199▲ $47,028
Intangible Assets$10,000--
Prepaid Expenses and Deferred Charges$32,468$5,320▼ $27,148
Total Assets$584,356$533,076▼ $51,280
Liabilities
Mortgage Notes Payable Secured by Investment Property$484,707$485,600▲ $893
Accounts Payable and Accrued Expenses$80,709$120,310▲ $39,601
Unsecured Notes Loans Payable-$113,869-
Escrow Account Liability$30,303$40,348▲ $10,045
Deferred Revenue$49,700$35,200▼ $14,500
Total Liabilities$645,419$795,327▲ $149,908
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,200$32,935▲ $25,735
Net Assets Without Donor Restrictions$-68,263$-295,186▼ $226,923
Total Net Assets Fund Balance$-61,063$-262,251▼ $201,188
Total Liabilities and Net Assets / Fund Balance$584,356$533,076▼ $51,280

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,460$17,226$27,686
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacqueline SmigelExecutive DiFT$78,923$2,095$81,018

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$142,109
Program Service Revenue
$1,153,350
Investment Income
$0
Other Revenue
$100,533
All Other Contributions
$131,335
Change in Net Assets
$-201,188

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,395,992
Total Revenue per Audited Statements
$1,395,992
Total Revenue per Form 990
$1,395,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$955,714
Other Expenses$641,466
Total Fundraising Expense$59,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$703,721$30,415$41,008$775,144
Payroll Taxes$68,838$2,018$4,035$74,891
Current Officers, Directors, Trustees, and Key Employees$68,625$2,011$4,023$74,659
Fees for Services Other$8,349$58,367-$66,716
Travel$46,749$14,261$115$61,125
Occupancy$28,769$11,950$3,541$44,260
Fees for Services Accounting-$40,483-$40,483
Advertising$36,146$2,474$687$39,307
Insurance$22,344$9,281$2,750$34,375
All Other Expenses$17,335$5,617$1,182$24,134
Other Expenses$16,000$7,857-$16,000
Depreciation Depletion$14,873$783-$15,656
Other Employee Benefits$14,390$422$843$15,655
Pension Plan Contributions$14,123$414$828$15,365
Office Expenses$684$14,535-$15,219
Interest-$13,039-$13,039
Information Technology-$12,731-$12,731
Total Functional Expenses$1,308,259$229,909$59,012$1,597,180

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,597,180
Total Expenses per Audited Statements$1,597,180
Total Expenses per Form 990$1,597,180
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$134,162
Fundraising Direct Expenses$47,235
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wine Pull$58,678$47,904$11,499$36,405
Golf Outing$25,962$25,962$1,032$24,930
Total Events$84,640$73,866$30,878$42,988
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Eric FinkSpouse of PresOffice RentNo$28,800
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
Yes
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 executive director and finance director prior to filing and the board after 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 following an annual performance review.

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 SUITE B, KENT, OH 44240

Signing Officer

Name
Jacqueline Smigel
Title
Executive Director
Phone
3306974751
Signed
2024-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacqueline Smigel
Formed
2015
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
20
Volunteers
14

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 works with women in crisis over an unplanned pregnancy as well as families hoping to adopt newborn babies. Our services to women/couples whose infants are diagnosed (either prenatally or at birth) with complex medical conditions has also continued and culminated in the placement of 4 medically complex children during the past fiscal year. 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 related to birth families. We assume custody of children voluntarily placed with us for adoption and facilitate an adoptive placement. Oaa 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 fye 6.30.23, we provided services to over 72 expectant/birth parents, resulting in 22 adoptive placements, including the 4 with complex medical needs. Our goals for fye 6.30.24 include continued outreach to professionals who may treat women in need of our services. We continue to see a large number of women referred to out-of-state "facilitators- or adoption agencies who are unfamiliar with ohio adoption rules and regulations and who are unable to provide the level of support we believe is essential to our clients.

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

Open arms adoptions works with women in crisis over an unplanned pregnancy as well as families hoping to adopt newborn babies. Our services to women/couples whose infants are diagnosed (either prenatally or at birth) with complex medical conditions has also continued and culminated in the placement of 4 medically complex children during the past fiscal year. 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 related to birth families. We assume custody of children voluntarily placed with us for adoption and facilitate an adoptive placement. Oaa 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 fye 6.30.23, we provided services to over 72 expectant/birth parents, resulting in 22 adoptive placements, including the 4 with complex medical needs. Our goals for fye 6.30.24 include continued outreach to professionals who may treat women in need of our services. We continue to see a large number of women referred to out-of-state "facilitators- or adoption agencies who are unfamiliar with ohio adoption rules and regulations and who are unable to provide the level of support we believe is essential to our clients.

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 years ended june 30, 2023 and 2022.

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IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL MATISZ
IRS990/Form990PartVIISectionAGrp/PersonNm10JEFFREY MCLAIN
IRS990/Form990PartVIISectionAGrp/PersonNm11LINDSAY MORETTA
IRS990/Form990PartVIISectionAGrp/PersonNm12MELISSA NIOSI-OBRADOVIC
IRS990/Form990PartVIISectionAGrp/PersonNm13VINCENT TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm14DAWN WALZ
IRS990/Form990PartVIISectionAGrp/PersonNm15CATHERINE ZELENKOFSKE
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE, RES
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE, RES
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE, RES
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
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IRS990/InsuranceGrp/ManagementAndGeneralAmt09281
IRS990/InsuranceGrp/ProgramServicesAmt022344
IRS990/InsuranceGrp/TotalAmt034375
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IRS990/MissionDesc0OPEN ARMS ADOPTIONS WORKS WITH WOMEN IN CRISIS OVER AN UNPLANNED PREGNANCY AS WELL AS FAMILIES HOPING TO ADOPT NEWBORN BABIES. OUR SERVICES TO WOMEN/COUPLES WHOSE INFANTS ARE DIAGNOSED (EITHER PRENATALLY OR AT BIRTH) WITH COMPLEX MEDICAL CONDITIONS HAS ALSO CONTINUED AND CULMINATED IN THE PLACEMENT OF 4 MEDICALLY COMPLEX CHILDREN DURING THE PAST FISCAL YEAR. 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 RELATED TO BIRTH FAMILIES. WE ASSUME CUSTODY OF CHILDREN VOLUNTARILY PLACED WITH US FOR ADOPTION AND FACILITATE AN ADOPTIVE PLACEMENT. OAA 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 ASSISTAN
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IRS990/NetAssetsOrFundBalancesEOYAmt0-262251
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt086927
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-295186
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IRS990/OccupancyGrp/ManagementAndGeneralAmt011950
IRS990/OccupancyGrp/ProgramServicesAmt028769
IRS990/OccupancyGrp/TotalAmt044260
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014535
IRS990/OfficeExpensesGrp/ProgramServicesAmt0684
IRS990/OfficeExpensesGrp/TotalAmt015219
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0843
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IRS990/OtherExpensesGrp/Desc1TRAINING
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3UNACHIEVED ADOPTION
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17857
IRS990/OtherExpensesGrp/ProgramServicesAmt0143323
IRS990/OtherExpensesGrp/ProgramServicesAmt186825
IRS990/OtherExpensesGrp/ProgramServicesAmt217165
IRS990/OtherExpensesGrp/ProgramServicesAmt316000
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IRS990/OtherExpensesGrp/TotalAmt190076
IRS990/OtherExpensesGrp/TotalAmt225022
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02018
IRS990/PayrollTaxesGrp/ProgramServicesAmt068838
IRS990/PayrollTaxesGrp/TotalAmt074891
IRS990/PensionPlanContributionsGrp/FundraisingAmt0828
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0414
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014123
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05320
IRS990/PrincipalOfficerNm0JACQUELINE SMIGEL
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IRS990/ProgramServiceRevenueGrp/Desc3HOME STUDIES
IRS990/ProgramServiceRevenueGrp/Desc4APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0467450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1412435
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2162815
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt394400
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt416250
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt394400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt416250
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 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 FYE 6.30.23, OAA ASSISTED IN THE PLACEMENT OF 25 CHILDREN FROM FOSTER CARE INTO THEIR PERMANENT FAMILIES. THIS INCLUDES THE PLACEMENT OF 7 SIBLING GROUPS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0554179
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0506835
IRS990/ProgSrvcAccomActy3Grp/Desc0OAA 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 BOTH ADOPTIVE AND LICENSED FOSTER PARENTS. THIS TRAINING FOCUSES ON ATTACHMENT AND TRAUMA-INFORMED PARENTING STRATEGIES DESIGNED TO ASSIST FAMILIES WITH THE HEALING THEIR CHILDREN REQUIRE. ADDITIONALLY, WE OFFER OPPORTUNITIES AT LEAST 3 TIMES MONTHLY FOR FAMILIES TO MEET THEIR ONGOING TRAINING REQUIREMENTS.
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IRS990/PYOtherRevenueAmt043560
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IRS990/PYRevenuesLessExpensesAmt0-136482
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IRS990/ReconcilationRevenueExpnssAmt0-201188
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0103757
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