BBB Wise Giving Report for
Adoption Exchange

BBB Wise Giving Report issued March 2011
BBB Wise Giving Report expires June 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Adoption Exchange
Address: 14232 East Evans Avenue
  Aurora, CO 80014
Phone: 303-755-4756
800-451-5246
Web Address: www.adoptex.org
Back To Top

BBB Wise Giving Alliance Comments

Year, State Incorporated: 1983, Colorado
Affiliates: None

Stated Purpose: "to provide the connection between children who wait and families who adopt."

Back To Top

Evaluation Conclusions

               

AE meets the 20 Standards for Charity Accountability.
Back To Top

Programs

               

AE recruits families for children who have survived abuse and neglect, supports adoptive families through various phases of the adoption process, and trains child welfare professionals. Furthermore, AE processes inquiries about children in foster care and channels those inquiries to the children’s caseworkers. The organization also maintains a website that includes profiles of children waiting to be adopted. AE maintains a national training presence, and connects children in eight member states (Colorado, Missouri, Nevada, New Mexico, Oklahoma, South Dakota, Utah and Wyoming) with American families living in the U.S. and abroad.

For the fiscal year ended June 30, 2009, AE's program expenses were:

  
Adoption programs 1,745,495
AUSK-National education center 767,033
Post adoption resource center 494,475
Field office grants 412,130
AUSK-Recruitment response 95,790
Rural adoption cooperative 94,054
Total Program Expenses: $3,608,977
Back To Top

Governance

               

Chief Executive : Dixie van de Flier Davis, PhD, President and Executive Director
Compensation*:
 $115,000

Chair of the Board: Raymond C. Nutt
Chair's Profession / Business Affiliation: Executive Vice President, Regal Cinemas

Board Size: 21

Paid Staff Size: 51

*July 1, 2008 - June 30, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

               

Method(s) Used:

Direct mail, telemarketing, special events, television, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $3,004,014, are donations received as a result of fund raising activities.)
AE incurred joint costs of $160,211 for informational materials and activities that included fund raising materials. Of those costs, $123,706 was allocated to program expenses and $36,505 was allocated to fund raising expenses.
Back To Top

Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

               

The following information is based on AE's audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
Program service and training fees 993,955
Government grants 841,232
Special events revenue, net 710,315
Direct and indirect contributions 634,950
Foundation and other grant income 543,065
Contributed services and other expenses 157,212
Agency and membership fees 117,240
Miscellaneous income 18,804
Realized investment income 13,662
Unrealized loss on investments -49,185
Total Income $3,981,250


chart



Uses of Funds as a % of Total Expenses

Programs: 81%  Fund Raising: 12%  Administrative: 7% 

Total income   $3,981,250
  Program expenses $3,608,977
  Fund raising expenses 517,559
  Administrative expenses 322,060
 
Total expenses   $4,448,596
Expenses in Excess of Income   (467,346)
Beginning net assets   2,243,477
Ending net assets   1,776,131
Total liabilities   891,539
Total assets   $2,667,670

Note: According to AE's audited financial statements for the fiscal year ended June 30, 2009, the organization received $157,212 in in-kind donations including donated technical and professional services ($111,407), supplies and equipment ($14,150), education and training ($12,576), travel and meetings ($9,646), and occupancy ($9,433).

Back To Top

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Send to:



What is an Accredited Charity