Adopt A Class Foundation
Adopt A Class Foundation shows consistent growth and strong program spending with no reported officer compensation.
EIN: 202587299 · Cincinnati, OH · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $623K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $661,566. |
| Net Assets | $468K |
| Transparency Score | 95/100 |
Is Adopt A Class Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adopt A Class Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adopt A Class Foundation
Adopt A Class Foundation (EIN: 202587299) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code B90. The organization reported total revenue of $1.5M and total assets of $799K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adopt A Class Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adopt A Class Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $662K |
| Total Expenses | $623K |
| Surplus / Deficit | +$38K |
| Total Assets | $473K |
| Total Liabilities | $5K |
| Net Assets | $468K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Adopt A Class Foundation reported a surplus of $38K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adopt A Class Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.8% | +61.5% | +4.4% |
| 2022 | +13.6% | +9.7% | +15.8% |
| 2021 | +32.3% | +1.8% | -6.9% |
| 2020 | -42.0% | +22.9% | -6.0% |
| 2019 | +52.5% | +2.0% | +88.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adopt A Class Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Adopt A Class Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Adopt A Class Foundation reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with latest revenue of $661,566.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Adopt A Class Foundation:
- No reported officer compensation across all filings, indicating high efficiency and dedication to mission.
- Consistent revenue growth from $116,603 in 2015 to $661,566 in 2023.
- Strong financial health with assets significantly exceeding liabilities (e.g., $473,040 assets vs. $5,185 liabilities in 2023).
- High program spending ratio, ensuring most funds go directly to mission-related activities.
- Positive net income in most recent years, allowing for reinvestment and sustainability.
Frequently Asked Questions about Adopt A Class Foundation
Is Adopt A Class Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Adopt A Class Foundation (EIN: 202587299) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Adopt A Class Foundation spend its money?
Adopt A Class Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Adopt A Class Foundation tax-deductible?
Adopt A Class Foundation is registered as a tax-exempt nonprofit (EIN: 202587299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Adopt A Class Foundation CEO make?
Adopt A Class Foundation's highest-compensated officer earns $661,566. annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Adopt A Class Foundation's spending goes to programs?
Adopt A Class Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adopt A Class Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Adopt A Class Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adopt A Class Foundation located?
Adopt A Class Foundation is headquartered in Cincinnati, Ohio and files with the IRS under EIN 202587299. It is classified under NTEE code B90.
How many years of IRS 990 filings does Adopt A Class Foundation have?
Adopt A Class Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Is Adopt A Class Foundation a good charity?
Based on its financial data, Adopt A Class Foundation appears to be a very good charity. It demonstrates strong program spending, consistent financial growth, and exceptional transparency with no reported officer compensation.
How has Adopt A Class Foundation's revenue changed over time?
Adopt A Class Foundation has shown significant revenue growth, increasing from $116,603 in 2015 to $661,566 in 2023, indicating expanding support and operations.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets consistently exceeding liabilities (e.g., $473,040 in assets vs. $5,185 in liabilities in 2023) and a history of positive net income in most recent years.
Filing History
IRS 990 filing history for Adopt A Class Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adopt A Class Foundation's revenue has grown by 1476.4%, moving from $42K to $662K. Total assets increased by 393.6% over the same period, from $96K to $473K. Total functional expenses rose by 6407.4%, from $10K to $623K. In its most recent filing year (2023), Adopt A Class Foundation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $5K in liabilities against $473K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $468K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $662K | $623K | $473K | $5K | — | View 990 |
| 2022 | $425K | $386K | $453K | $23K | — | View 990 |
| 2021 | $374K | $352K | $391K | $300 | — | — |
| 2020 | $282K | $345K | $420K | $51K | — | View 990 |
| 2019 | $487K | $281K | $447K | $15K | — | View 990 |
| 2018 | $319K | $275K | $237K | $11K | — | View 990 |
| 2017 | $215K | $215K | $188K | $6K | — | View 990 |
| 2016 | $218K | $171K | $178K | $0 | — | View 990 |
| 2015 | $117K | $95K | $419K | $0 | — | View 990 |
| 2014 | $289K | $146K | $385K | $0 | — | View 990 |
| 2013 | $203K | $94K | $242K | $0 | — | View 990 |
| 2012 | $84K | $47K | $133K | $0 | — | View 990 |
| 2011 | $42K | $10K | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $662K, expenses of $623K, and assets of $473K (revenue +55.8% year-over-year).
- 2022: Revenue of $425K, expenses of $386K, and assets of $453K (revenue +13.6% year-over-year).
- 2021: Revenue of $374K, expenses of $352K, and assets of $391K (revenue +32.3% year-over-year).
- 2020: Revenue of $282K, expenses of $345K, and assets of $420K (revenue -42.0% year-over-year).
- 2019: Revenue of $487K, expenses of $281K, and assets of $447K (revenue +52.5% year-over-year).
- 2018: Revenue of $319K, expenses of $275K, and assets of $237K (revenue +48.5% year-over-year).
- 2017: Revenue of $215K, expenses of $215K, and assets of $188K (revenue -1.3% year-over-year).
- 2016: Revenue of $218K, expenses of $171K, and assets of $178K (revenue +86.8% year-over-year).
- 2015: Revenue of $117K, expenses of $95K, and assets of $419K (revenue -59.6% year-over-year).
- 2014: Revenue of $289K, expenses of $146K, and assets of $385K (revenue +42.4% year-over-year).
- 2013: Revenue of $203K, expenses of $94K, and assets of $242K (revenue +140.5% year-over-year).
- 2012: Revenue of $84K, expenses of $47K, and assets of $133K (revenue +100.9% year-over-year).
- 2011: Revenue of $42K, expenses of $10K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adopt A Class Foundation:
Data Sources and Methodology
This transparency report for Adopt A Class Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.