Inheritance Adoptions
Nonprofit profile at a glance
- EIN
- 752433316
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Wichita Falls, TX, USA
- Phone
- 9403223678
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Child Abuse, Prevention
Reported finances
- Revenue
- $324,978
- Expenses
- $284,722
- Assets
- $603,157
- Liabilities
- $3,339
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- WILL CLARK (PRESIDENT)
- TERI CARNES (VICE PRESIDENT)
- LESLIE HOWARD (EXECUTIVE DIRECTOR)
Highest reported compensation
- LESLIE HOWARD (EXECUTIVE DIRECTOR): $84,092 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization provides an alternative to abortion by placing children in safe, stable and loving adoptive homes; provides 24 hour call services and counseling to women regarding pregnancy, prenatal care, and parenting; provides services to mothers who wish to raise.
What it reported doing in 2024
The organization provides counseling and support to pregnant women and parents to assist in making the best decisions for their children. The organization assists with medical costs, transportation, food, toiletries, child care items and living expenses. For birth parents who choose adoption, the organization places children in safe, stable and loving adoptive homes. The organization receives adoption fees from adoptive parents including application fees, home study fees, and placement fees. For birth parents who choose to raise their children, the organization provides them with counseling and connects them with community resources. The organization is a provider through the Texas pregnancy care network. For the tax year ending september 30, 2025 the organization helped over 100 parents (including 3 placed adoptions).
Operating model
- Revenue model
- Donor-supported. 76% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 94
- Accountability: 84
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56%; rating input score 56
- Program expense ratio: 61.2%; rating input score 61
- Fundraising efficiency: $7.92 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.4%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 2.12; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 29.5%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 0.3% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 56% of revenue deployed · 61.2% of spending went to programs
- Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $174K in reported program spending
- Leadership: top reported pay $84K · 9 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.