Adoption Dreams Come True Inc
Adoption Dreams Come True Inc maintains stable operations with no reported officer compensation.
EIN: 201621199 · Fort Collins, CO · NTEE: P31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $739K |
| Total Expenses | $396K |
| Program Spending | 85% |
| Net Assets | $267K |
| Transparency Score | 85/100 |
Is Adoption Dreams Come True Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adoption Dreams Come True Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adoption Dreams Come True Inc
Adoption Dreams Come True Inc (EIN: 201621199) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code P31. The organization reported total revenue of $739K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adoption Dreams Come True Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adoption Dreams Come True Inc is a small 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 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $398K |
| Total Expenses | $396K |
| Surplus / Deficit | +$2K |
| Total Assets | $278K |
| Total Liabilities | $11K |
| Net Assets | $267K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Adoption Dreams Come True Inc reported a surplus of $2K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adoption Dreams Come True Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | +11.9% | +0.2% |
| 2022 | +9.5% | +1.3% | -5.4% |
| 2021 | +27.3% | +7.1% | -5.1% |
| 2020 | -28.4% | -8.0% | -20.3% |
| 2019 | -1.5% | +4.9% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Adoption Dreams Come True Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Adoption Dreams Come True Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size and operational history. This suggests either a fully volunteer-led executive team or compensation structured in a way that is not reported as 'officer compensation' on the 990.
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.
Red Flags
The following concerns were identified during AI analysis of Adoption Dreams Come True Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in publicly available data makes precise spending efficiency difficult to ascertain.
- Consistent 0% officer compensation is unusual and warrants further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Adoption Dreams Come True Inc:
- Consistent IRS 990 filing history demonstrates strong transparency.
- Low liabilities across all periods indicate sound financial management and minimal debt.
- Consistent near break-even operations suggest effective management of resources.
- No reported officer compensation, which can be a strong indicator of efficient use of funds for mission-related activities.
Frequently Asked Questions about Adoption Dreams Come True Inc
Is Adoption Dreams Come True Inc a legitimate charity?
Adoption Dreams Come True Inc (EIN: 201621199) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $739K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Adoption Dreams Come True Inc spend its money?
Adoption Dreams Come True Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Adoption Dreams Come True Inc tax-deductible?
Adoption Dreams Come True Inc is registered as a tax-exempt nonprofit (EIN: 201621199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Adoption Dreams Come True Inc's spending goes to programs?
Adoption Dreams Come True Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adoption Dreams Come True Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Adoption Dreams Come True Inc is above average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adoption Dreams Come True Inc located?
Adoption Dreams Come True Inc is headquartered in Fort Collins, Colorado and files with the IRS under EIN 201621199. It is classified under NTEE code P31.
How many years of IRS 990 filings does Adoption Dreams Come True Inc have?
Adoption Dreams Come True Inc 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 $739K in total revenue.
How does Adoption Dreams Come True Inc sustain operations without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could indicate a volunteer-led executive team, or that executive compensation is categorized differently within the expense structure, such as under general salaries or professional fees, which would require further investigation of detailed expense schedules.
What is the organization's long-term strategy for asset growth?
The organization's assets have fluctuated, from a high of $395,072 in 2018 to $278,336 in 2023. While liabilities are low, there isn't a clear trend of consistent asset growth, suggesting a focus on operational stability rather than significant endowment building.
What percentage of expenses are dedicated to direct program services?
Without a detailed functional expense breakdown from the 990, it's difficult to provide an exact percentage. However, given the consistent near break-even operations and 0% officer compensation, it is reasonable to infer a high proportion of expenses are directed towards programs.
Filing History
IRS 990 filing history for Adoption Dreams Come True Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adoption Dreams Come True Inc's revenue has grown by 50.1%, moving from $265K to $398K. Total assets increased by 95.7% over the same period, from $142K to $278K. Total functional expenses rose by 67.3%, from $237K to $396K. In its most recent filing year (2023), Adoption Dreams Come True Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $11K in liabilities against $278K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $398K | $396K | $278K | $11K | — | — |
| 2022 | $347K | $354K | $278K | $13K | — | View 990 |
| 2021 | $317K | $350K | $294K | $26K | — | View 990 |
| 2020 | $249K | $326K | $310K | $8K | — | — |
| 2019 | $348K | $355K | $389K | $10K | — | View 990 |
| 2018 | $353K | $338K | $395K | $10K | — | View 990 |
| 2017 | $379K | $322K | $382K | $11K | — | View 990 |
| 2016 | $317K | $287K | $335K | $21K | — | View 990 |
| 2015 | $316K | $304K | $292K | $8K | — | View 990 |
| 2014 | $287K | $236K | $280K | $8K | — | View 990 |
| 2013 | $335K | $271K | $239K | $18K | — | View 990 |
| 2012 | $265K | $247K | $163K | $5K | — | View 990 |
| 2011 | $265K | $237K | $142K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $398K, expenses of $396K, and assets of $278K (revenue +14.6% year-over-year).
- 2022: Revenue of $347K, expenses of $354K, and assets of $278K (revenue +9.5% year-over-year).
- 2021: Revenue of $317K, expenses of $350K, and assets of $294K (revenue +27.3% year-over-year).
- 2020: Revenue of $249K, expenses of $326K, and assets of $310K (revenue -28.4% year-over-year).
- 2019: Revenue of $348K, expenses of $355K, and assets of $389K (revenue -1.5% year-over-year).
- 2018: Revenue of $353K, expenses of $338K, and assets of $395K (revenue -6.8% year-over-year).
- 2017: Revenue of $379K, expenses of $322K, and assets of $382K (revenue +19.8% year-over-year).
- 2016: Revenue of $317K, expenses of $287K, and assets of $335K (revenue +0.2% year-over-year).
- 2015: Revenue of $316K, expenses of $304K, and assets of $292K (revenue +10.3% year-over-year).
- 2014: Revenue of $287K, expenses of $236K, and assets of $280K (revenue -14.3% year-over-year).
- 2013: Revenue of $335K, expenses of $271K, and assets of $239K (revenue +26.1% year-over-year).
- 2012: Revenue of $265K, expenses of $247K, and assets of $163K (revenue +0.1% year-over-year).
- 2011: Revenue of $265K, expenses of $237K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adoption Dreams Come True Inc:
Data Sources and Methodology
This transparency report for Adoption Dreams Come True Inc 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.