Operating record

Adoption Option Inc

Midland, MI · EIN 43-2017657 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$2,483,802$2,220,411$263,3915.664%
2021$2,305,089$2,319,812−$14,7235.364%
2022$2,810,365$2,587,449$222,9165.861%
2023$2,976,498$2,797,655$178,8436.158%

In its most recent public year (2023), this organization brought in $178,843 more than it spent. Its reserves stood at about 6.1 months of spending. Staff pay was 58% of spending. $30,526 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗