Carolina Adoption Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,039,530 | 1,039,747 | −217 | 1.6 | 46% |
| 2012 | 937,461 | 924,633 | 12,828 | 1.9 | 50% |
| 2013 | 893,678 | 947,020 | −53,342 | 1.3 | 51% |
| 2014 | 764,804 | 842,989 | −78,185 | 0.3 | 53% |
| 2015 | 735,173 | 774,309 | −39,136 | -0.2 | 56% |
| 2016 | 613,495 | 692,458 | −78,963 | -1.6 | 52% |
| 2017 | 721,709 | 693,193 | 28,516 | -1.1 | 52% |
| 2018 | 918,450 | 863,611 | 54,839 | -0.1 | 46% |
| 2019 | 779,392 | 808,646 | −29,254 | -0.6 | 50% |
| 2020 | 831,190 | 775,027 | 56,163 | 0.3 | 51% |
| 2021 | 730,806 | 718,346 | 12,460 | 0.6 | 59% |
| 2022 | 630,565 | 788,719 | −158,154 | -1.9 | 59% |
| 2023 | 275,452 | 423,049 | −147,597 | -7.9 | 66% |
In its most recent public year (2023), this organization spent $147,597 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.9 months), down from 1.6 in 2011. Staff pay was 66% of spending. $48,242 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
Carolina Adoption Services Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works