Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Covenant Adoption Forever Bound Adoption
990EZ • Fiscal year 2015 • EIN 80-0860591
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.11x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Up$14,238
Up $14,238 from 2014
Net Assets
Down-$15,862
Down $15,862 from 2014
Liabilities
$30,100
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$40,249
No earlier filing loaded for comparison.
Expenses
$36,741
No earlier filing loaded for comparison.
Net Income
$3,508
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Oct 3, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $40,249
Mission and Program Overview
Mission
Forever bound adoptions mission is to benefit children by providing education, guidance and lifelong support to create, sustain and preserve nurturing families. We are passionately committed to the belief that every child deserves a nurturing, permanent family. We serve children, birth parents and adoptive families.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 2015 STATUS AND ACTIVITY: 8 ADOPTIVE COUPLES IN PROCESS 9 ADOPTIVE COUPLES APPROVED 1 ADOPTIVE PLACEMENT 1 EXPECTANT PARENT SERVED 1 BIRTH PARENT RELEASE 2 ADOPTIONS FINALIZED | - | $34,965 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JASON LISA SMITH | Board Chairs | - | $0 | - | - |
| CURT DAHL | Board Vice C | - | $0 | - | - |
| PHIL VALERIE HOCHHEISER | Board Member | - | $0 | - | - |
| KELLY PETERSON | Board Member | - | $0 | - | - |
| DAN ALISON LOWE | Board Member | - | $0 | - | - |
| BRAD BRENDA HORROCKS | Board Member | - | $0 | - | - |
| FRED RILEY | Board Member | - | $0 | - | - |
| STEVEN SUNDAY | Founder & Ce | FT | $0 | - | - |
| KAREN SUNDAY | Vice Preside | - | $0 | - | - |
| PEGGY SHEPHERD | Secretary/Tr | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Covenant Adoption
- EIN
- 80-0860591
- Phone
- 8018561670
- Address
- 3946 SUMMER RIDGE RD, MORGAN, UT 84050-9341
Signing Officer
- Name
- Steven Sunday
- Title
- Founder & CEO
- Phone
- 8018561670
- Signed
- 2016-10-03
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Shaw & Co Pc
- Address
- 1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
- Preparer
- Justin R Shaw CPA Cfe Cgma
- Phone
- 8012943155
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses adoption promotion 769 telephone 320 office supplies 1,188 website maintenance 3,647 facebook maintenance 900 blog maintenance 675 professional development 1,191 insurance 3,357 adoption contract expense 1,600 recognition & gifts 339 dues, fees, licenses 2,647 miscellaneous 1,218 hardware 136 non-investment depreciation 287 total 18,274”
Form 990-ez, Part II, Line 24
“Equipment 0 1,434 less accumulated depreciation 0 287 total 0 1,147”
Form 990-ez, Part II, Line 26
“Mortgage and other notes payable 19,370 30,100”
Form 990-ez, Part III
“Forever bound adoptions mission is to benefit children by providing education, guidance and lifelong support to create, sustain and preserve nurturing families. We are passionately committed to the belief that every child deserves a nurturing, permanent family. We serve children, birth parents and adoptive families.”
Form 990-ez, Part III, Line 28
“2015 status and activity: 8 adoptive couples in process 9 adoptive couples approved 1 adoptive placement 1 expectant parent served 1 birth parent release 2 adoptions finalized”
Raw XML Appendix153 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STEVEN SUNDAY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8018561670 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3946 SUMMER RIDGE RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MORGAN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | UT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 840509341 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13091 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 8249 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3508 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7858 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 14238 |
| IRS990EZ/GrossReceiptsAmt | 0 | 40249 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -19370 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -15862 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -19370 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -15862 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3592 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JASON LISA SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CURT DAHL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PHIL VALERIE HOCHHEISER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KELLY PETERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DAN ALISON LOWE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRAD BRENDA HORROCKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | FRED RILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | STEVEN SUNDAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | KAREN SUNDAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | PEGGY SHEPHERD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD CHAIRS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD VICE C |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | FOUNDER & CE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | SECRETARY/TR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1147 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18274 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FOREVER BOUND ADOPTIONS MISSION IS TO BENEFIT CHILDREN BY PROVIDING EDUCATION, GUIDANCE AND LIFELONG SUPPORT TO CREATE, SUSTAIN AND PRESERVE NURTURING FAMILIES. WE ARE PASSIONATELY COMMITTED TO THE BELIEF THAT EVERY CHILD DESERVES A NURTURING, PERMANENT FAMILY. WE SERVE CHILDREN, BIRTH PARENTS AND ADOPTIVE FAMILIES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2207 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 32000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | 2015 STATUS AND ACTIVITY: 8 ADOPTIVE COUPLES IN PROCESS 9 ADOPTIVE COUPLES APPROVED 1 ADOPTIVE PLACEMENT 1 EXPECTANT PARENT SERVED 1 BIRTH PARENT RELEASE 2 ADOPTIONS FINALIZED |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 34965 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 4810 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | UT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 19370 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 30100 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 36741 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 34965 |
| IRS990EZ/TotalRevenueAmt | 0 | 40249 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FOREVERBOUNDADOPTION.ORG |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 8249 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 8249 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 32000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 32000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 40249 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 40249 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 40249 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 40249 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 40249 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADOPTION PROMOTION 769 TELEPHONE 320 OFFICE SUPPLIES 1,188 WEBSITE MAINTENANCE 3,647 FACEBOOK MAINTENANCE 900 BLOG MAINTENANCE 675 PROFESSIONAL DEVELOPMENT 1,191 INSURANCE 3,357 ADOPTION CONTRACT EXPENSE 1,600 RECOGNITION & GIFTS 339 DUES, FEES, LICENSES 2,647 MISCELLANEOUS 1,218 HARDWARE 136 NON-INVESTMENT DEPRECIATION 287 TOTAL 18,274 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EQUIPMENT 0 1,434 LESS ACCUMULATED DEPRECIATION 0 287 TOTAL 0 1,147 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MORTGAGE AND OTHER NOTES PAYABLE 19,370 30,100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FOREVER BOUND ADOPTIONS MISSION IS TO BENEFIT CHILDREN BY PROVIDING EDUCATION, GUIDANCE AND LIFELONG SUPPORT TO CREATE, SUSTAIN AND PRESERVE NURTURING FAMILIES. WE ARE PASSIONATELY COMMITTED TO THE BELIEF THAT EVERY CHILD DESERVES A NURTURING, PERMANENT FAMILY. WE SERVE CHILDREN, BIRTH PARENTS AND ADOPTIVE FAMILIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 2015 STATUS AND ACTIVITY: 8 ADOPTIVE COUPLES IN PROCESS 9 ADOPTIVE COUPLES APPROVED 1 ADOPTIVE PLACEMENT 1 EXPECTANT PARENT SERVED 1 BIRTH PARENT RELEASE 2 ADOPTIONS FINALIZED |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN SUNDAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FOUNDER & CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8018561670 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-10-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | COVENANT ADOPTION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOREVER BOUND ADOPTION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COVE |
| ReturnHeader/Filer/EIN | 0 | 800860591 |
| ReturnHeader/Filer/PhoneNum | 0 | 8018561670 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3946 SUMMER RIDGE RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MORGAN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 840509341 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 460952065 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SHAW & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1564 SOUTH 500 WEST SUITE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BOUNTIFUL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 840107400 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8012943155 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-10-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JUSTIN R SHAW CPA CFE CGMA |
| ReturnHeader/ReturnTs | 0 | 2016-10-20T09:43:58-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $14,238
- Liabilities
- $30,100
- Net assets
- -$15,862
- Revenue
- $40,249
- Expenses
- $36,741
- Net income
- $3,508