Adoption Rhode Island
Adoption Rhode Island: Strong Program Focus, but Transparency Lacking on Specifics
EIN: 222543833 · Providence, RI · NTEE: P31Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Adoption Rhode Island Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Adoption Rhode Island directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Adoption Rhode Island
Adoption Rhode Island (EIN: 222543833) is a nonprofit organization based in Providence, RI, classified under NTEE code P31Z. The organization reported total revenue of $4.2M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adoption Rhode Island's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adoption Rhode Island is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$202K |
| Total Assets | $2.7M |
| Total Liabilities | $1.5M |
| Net Assets | $1.2M |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 56.0% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Adoption Rhode Island reported a surplus of $202K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 56.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Adoption Rhode Island's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +12.6% | +120.8% |
| 2022 | +4.5% | +11.5% | +12.6% |
| 2021 | +22.0% | +3.8% | +18.6% |
| 2020 | +3.1% | +8.3% | +43.0% |
| 2019 | +5.5% | +2.0% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Rhode Island 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 Rhode Island 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 $202K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Rhode Island's IRS 990 filings:
- Lack of detailed executive compensation disclosure in provided data.
- Limited specific program outcome reporting beyond general financial figures.
Strengths
The following positive indicators were identified for Adoption Rhode Island:
- Consistently high percentage of expenses dedicated to programs (85% in 2023).
- Positive trend in revenue growth over the past several years, indicating strong donor support.
- Healthy asset growth from $571,320 in 2018 to $2,723,356 in 2023.
Frequently Asked Questions about Adoption Rhode Island
Is Adoption Rhode Island a legitimate charity?
Based on AI analysis of IRS 990 filings, Adoption Rhode Island (EIN: 222543833) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Adoption Rhode Island spend its money?
Adoption Rhode Island directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Adoption Rhode Island tax-deductible?
Adoption Rhode Island is registered as a tax-exempt nonprofit (EIN: 222543833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Adoption Rhode Island's spending goes to programs?
Adoption Rhode Island directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Adoption Rhode Island compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Adoption Rhode Island is above average for NTEE category P31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Adoption Rhode Island located?
Adoption Rhode Island is headquartered in Providence, Rhode Island and files with the IRS under EIN 222543833. It is classified under NTEE code P31Z.
How many years of IRS 990 filings does Adoption Rhode Island have?
Adoption Rhode Island 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 $4.2M in total revenue.
What does Adoption Rhode Island do?
Adoption Rhode Island is a nonprofit organization in the Human Services sector, located in Providence, Rhode Island. It is classified under NTEE code P31Z.
How much revenue does Adoption Rhode Island have?
Adoption Rhode Island reported total revenue of $4,156,083. Based on 13 IRS 990 filings on record.
What are Adoption Rhode Island's total assets?
Adoption Rhode Island holds total assets of $2,571,902 as reported in IRS 990 filings.
Where is Adoption Rhode Island located?
Adoption Rhode Island is based in Providence, Rhode Island.
What is Adoption Rhode Island's EIN?
Adoption Rhode Island's Employer Identification Number (EIN) is 222543833. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Adoption Rhode Island?
Adoption Rhode Island is classified under NTEE code P31Z (Human Services).
Is Adoption Rhode Island a registered 501(c)(3)?
Yes, Adoption Rhode Island is recognized as a tax-exempt organization by the IRS. EIN: 222543833.
Does Adoption Rhode Island file IRS Form 990?
Yes, Adoption Rhode Island has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Adoption Rhode Island's revenue in 2023?
In the 202306 filing period, Adoption Rhode Island reported total revenue of $3,250,502, total expenses of $3,048,148, and net assets of $2,723,356.
Is Adoption Rhode Island's revenue growing or declining?
Adoption Rhode Island's revenue is growing. Revenue went from $2,908,232 (202206) to $3,250,502 (202306), a +11.8% change. Based on 13 filings on record.
What is Adoption Rhode Island's most recent 990 filing?
The most recent IRS Form 990 filing for Adoption Rhode Island covers tax period 202306. It shows revenue of $3,250,502, expenses of $3,048,148, total assets of $2,723,356, and liabilities of $1,525,605.
How much does Adoption Rhode Island spend on programs vs administration?
Based on IRS 990 analysis, Adoption Rhode Island allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Adoption Rhode Island a trustworthy charity?
Based on AI analysis of IRS 990 data, Adoption Rhode Island appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Adoption Rhode Island?
The following concerns were identified: Lack of detailed executive compensation disclosure in provided data.. Limited specific program outcome reporting beyond general financial figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Adoption Rhode Island's strengths?
Positive indicators for Adoption Rhode Island include: Consistently high percentage of expenses dedicated to programs (85% in 2023).. Positive trend in revenue growth over the past several years, indicating strong donor support.. Healthy asset growth from $571,320 in 2018 to $2,723,356 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Adoption Rhode Island compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Adoption Rhode Island ensure that its significant program spending directly translates into measurable positive outcomes for the children and families it serves?
While the organization consistently allocates a high percentage of its budget to programs, the provided data does not offer specific metrics or detailed reports on the direct impact and success rates of these programs, making it challenging to fully assess outcome effectiveness.
What is the organization's strategy for managing its increasing assets, which grew from $571,320 in 2018 to $2,723,356 in 2023, to further its mission?
The substantial growth in assets suggests strong financial health and potentially increased capacity. However, the data does not specify how these assets are being strategically deployed or invested to expand services, build reserves, or innovate within their mission.
Filing History
IRS 990 filing history for Adoption Rhode Island showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Adoption Rhode Island's revenue has grown by 215.8%, moving from $1.0M to $3.3M. Total assets increased by 400.1% over the same period, from $545K to $2.7M. Total functional expenses rose by 212.9%, from $974K to $3.0M. In its most recent filing year (2023), Adoption Rhode Island reported a surplus of $202K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $2.7M in assets (debt-to-asset ratio: 56.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $3.0M | $2.7M | $1.5M | — | View 990 |
| 2022 | $2.9M | $2.7M | $1.2M | $248K | — | View 990 |
| 2021 | $2.8M | $2.4M | $1.1M | $304K | — | View 990 |
| 2020 | $2.3M | $2.3M | $924K | $504K | — | View 990 |
| 2019 | $2.2M | $2.2M | $646K | $166K | — | View 990 |
| 2018 | $2.1M | $2.1M | $571K | $141K | — | View 990 |
| 2017 | $1.9M | $1.9M | $607K | $157K | — | View 990 |
| 2016 | $1.7M | $1.7M | $582K | $144K | — | View 990 |
| 2015 | $1.5M | $1.6M | $584K | $147K | — | View 990 |
| 2014 | $1.3M | $1.3M | $666K | $94K | — | View 990 |
| 2013 | $1.2M | $1.3M | $621K | $74K | — | View 990 |
| 2012 | $1.1M | $1.0M | $655K | $89K | — | View 990 |
| 2011 | $1.0M | $974K | $545K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $3.0M, and assets of $2.7M (revenue +11.8% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.7M, and assets of $1.2M (revenue +4.5% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.4M, and assets of $1.1M (revenue +22.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.3M, and assets of $924K (revenue +3.1% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.2M, and assets of $646K (revenue +5.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $571K (revenue +10.0% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $607K (revenue +10.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $582K (revenue +15.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $584K (revenue +11.6% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $666K (revenue +9.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $621K (revenue +12.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $655K (revenue +6.0% year-over-year).
- 2011: Revenue of $1.0M, expenses of $974K, and assets of $545K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adoption Rhode Island:
Data Sources and Methodology
This transparency report for Adoption Rhode Island 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.