Evolve Adoption & Family Services
EIN: 411296959 · Stillwater, MN · NTEE: P31Z
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Net Assets | $348K |
Is Evolve Adoption & Family Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Evolve Adoption & Family Services
Evolve Adoption & Family Services (EIN: 411296959) is a nonprofit organization based in Stillwater, MN, classified under NTEE code P31Z. The organization reported total revenue of $2.8M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evolve Adoption & Family Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evolve Adoption & Family Services is a mid-size nonprofit that has been operating for 49 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-302,359 |
| Total Assets | $1.3M |
| Total Liabilities | $943K |
| Net Assets | $348K |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 73.0% |
| Months of Reserves | 5.3 months |
Financial Health Grade: C
In 2023, Evolve Adoption & Family Services reported a deficit of $302K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 73.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Evolve Adoption & Family Services's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | -4.4% | -1.0% |
| 2022 | +0.1% | +3.3% | -12.0% |
| 2021 | +10.8% | -7.8% | +17.2% |
| 2020 | -16.9% | -0.7% | -17.4% |
| 2019 | +37.4% | +33.1% | +55.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Evolve Adoption & Family Services has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Evolve Adoption & Family Services with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $302K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.0%.
Frequently Asked Questions about Evolve Adoption & Family Services
Is Evolve Adoption & Family Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Evolve Adoption & Family Services (EIN: 411296959) insufficient data. 0 red flags identified, 0 strengths noted.
How does Evolve Adoption & Family Services spend its money?
Detailed spending breakdown data is not yet available for Evolve Adoption & Family Services. Check back for updated IRS 990 analysis.
Are donations to Evolve Adoption & Family Services tax-deductible?
Evolve Adoption & Family Services is registered as a tax-exempt nonprofit (EIN: 411296959). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Evolve Adoption & Family Services located?
Evolve Adoption & Family Services is headquartered in Stillwater, Minnesota and files with the IRS under EIN 411296959. It is classified under NTEE code P31Z.
How many years of IRS 990 filings does Evolve Adoption & Family Services have?
Evolve Adoption & Family Services has 14 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Evolve Adoption & Family Services showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Evolve Adoption & Family Services's revenue has grown by 327.5%, moving from $617K to $2.6M. Total assets increased by 49% over the same period, from $867K to $1.3M. Total functional expenses rose by 329.2%, from $685K to $2.9M. In its most recent filing year (2023), Evolve Adoption & Family Services reported a deficit of $302K, with expenses exceeding revenue. The organization holds $943K in liabilities against $1.3M in assets (debt-to-asset ratio: 73.0%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.9M | $1.3M | $943K | — | View 990 |
| 2022 | $3.1M | $3.1M | $1.3M | $654K | — | View 990 |
| 2021 | $3.1M | $3.0M | $1.5M | $800K | — | — |
| 2020 | $2.8M | $3.2M | $1.3M | $734K | — | View 990 |
| 2019 | $3.4M | $3.3M | $1.5M | $596K | — | View 990 |
| 2018 | $2.5M | $2.4M | $981K | $197K | — | View 990 |
| 2017 | $1.7M | $1.5M | $1.0M | $255K | — | View 990 |
| 2016 | $1.3M | $1.4M | $864K | $268K | — | View 990 |
| 2015 | $1.4M | $1.6M | $935K | $148K | — | View 990 |
| 2014 | $991K | $989K | $928K | $133K | — | View 990 |
| 2013 | $114K | $160K | $814K | $21K | — | View 990 |
| 2013 | $744K | $764K | $851K | $12K | — | View 990 |
| 2012 | $750K | $712K | $902K | $52K | — | View 990 |
| 2011 | $617K | $685K | $867K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.9M, and assets of $1.3M (revenue -15.8% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.1M, and assets of $1.3M (revenue +0.1% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.0M, and assets of $1.5M (revenue +10.8% year-over-year).
- 2020: Revenue of $2.8M, expenses of $3.2M, and assets of $1.3M (revenue -16.9% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.3M, and assets of $1.5M (revenue +37.4% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.4M, and assets of $981K (revenue +46.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.5M, and assets of $1.0M (revenue +34.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $864K (revenue -7.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.6M, and assets of $935K (revenue +36.3% year-over-year).
- 2014: Revenue of $991K, expenses of $989K, and assets of $928K (revenue +766.6% year-over-year).
- 2013: Revenue of $114K, expenses of $160K, and assets of $814K (revenue -84.6% year-over-year).
- 2013: Revenue of $744K, expenses of $764K, and assets of $851K (revenue -0.8% year-over-year).
- 2012: Revenue of $750K, expenses of $712K, and assets of $902K (revenue +21.5% year-over-year).
- 2011: Revenue of $617K, expenses of $685K, and assets of $867K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evolve Adoption & Family Services:
Data Sources and Methodology
This transparency report for Evolve Adoption & Family Services 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.