Dave Thomas Foundation for Adoption FY2023 filing

Tax-deductible

Dublin, OH501(c)(3)Since 1992UnclassifiedEIN 31-1356151Revenue $52.4M in FY2023

On file with the IRSdavethomasfoundation.org4900 Tuttle Crossing Blvd, 43016-1532 · Dublin, OHTax-exempt since Dec 1992Publicly supported — 509(a)(2)

Tell your story. Claim this org

The Dave Thomas Foundation for Adoption will dramatically increase the number of adoptions of waiting children from north america's foster care systems.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$2.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $10.3M a year · 20% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.0M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $8K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.5M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 21 voting members
Looks good: 20 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$52.4M
+15% vs prior year
Spent
$40.5M
To programs
85%
Net assets
$84.5M
By yearFY2021–FY2025
Revenue
$52.4M
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2021$39.2M
FY2022$45.8M
FY2023$52.4M
FY2024$56.1M
FY2025$61.6M
Expenses
$40.5M
FY2023▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2021$28.8M
FY2022$36.8M
FY2023$40.5M
FY2024$44.6M
FY2025$52.9M
Net assets
$84.5M
FY2023▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2021$57.4M
FY2022$72.1M
FY2023$84.5M
FY2024$100.3M
FY2025$109.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $34.3M Management & general 7% · $2.9M Fundraising 8% · $3.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

38 people listed on the 990; $2.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President & CEO
$476,269Pt VII · Sec A
SVP, Strategic Program Development
$200,841Pt VII · Sec A
SVP, Marketing & Development
$199,531Pt VII · Sec A
SVP, Business Development
$190,708Pt VII · Sec A
SVP & General Counsel
$184,696Pt VII · Sec A
VP, Marketing & Communications
$136,517Pt VII · Sec A
Senior VP, CFO
$129,596Pt VII · Sec A
VP, Programs
$124,927Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Rita L Soronen$489,694$479,248$476,269$406,287$423,831
Jennifer Justice$230,848$213,552$200,841$191,515$186,388
Jill Crumbacher$228,821$212,198$199,531$190,448$185,281
Melinda Haggerty$222,366$197,869$184,696$176,059$174,225
Eric Spires$204,390$188,697$129,596——
David Frissora$153,825$200,023$190,708$182,488$174,209
Scott Kriss———$188,989$95,214
Julianne Nichols$162,379$145,196$136,517$123,573$121,230

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Dave Thomas Foundation for Adoption executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Increases foster care adoptions across North America and provides free educational resources to support families after their adoptions are finalized.

Questions for Dave Thomas Foundation for Adoption

Tap to ask. Dave Thomas Foundation for Adoption sees how many people are interested.

Your first name shows with your question. Dave Thomas Foundation for Adoption answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $34.2M · in their own filed words · FY2022
01

Wendy's Wonderful Kids

Wendy's wonderful kids, a signature program of the foundation, is making a difference for thousands of children across the nation - one child at a time. The dave thomas foundation for adoption awards grants to public and private agencies to hire adoption professionals who implement a proactive, child-focused recruitment strategy targeted…

$30.1Mprogram expense
02

Program Grants & Awareness

The foundation is committed to nationally communicating the urgency of foster care adoption and to encouraging everyone to become an ambassador for waiting children. Year-round awareness efforts include daily social media communications; marketing programs dispelling myths and misperceptions surrounding the issue of foster care adoption…

$3.9Mprogram expense
03

Adoption-Friendly Workplace

In 1990, president george H.W. Bush asked dave thomas, founder of wendy's, to be the spokesperson for a new adoption initiative. Dave, an adoptee and adoption advocate, enthusiastically accepted the challenge and began to speak out publicly, asking people to consider foster care adoption and encouraging other business leaders to offer…

$175Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 4 funders$8K
See all 4 funders →
Grants paid · 634 grants · $128.7M · 2020–2024
Villages of Indiana INCIN · FY2024$3,056,524
Caring for Kids INCOH · FY2024$2,116,250
Raise the FutureCO · FY2024$2,060,348
Massachusetts Department of Children and FamiliesFY2024$1,251,562
Adopt America NetworkOH · FY2024$1,186,500
Northeast Ohio Adoption ServicesOH · FY2024$1,131,000
Bethany Christian ServicesMI · FY2024$954,800
Franklin County Children ServicesFY2024$557,800
Gateway-Longview FoundationNY · FY2024$550,000
Focus on Youth INCOH · FY2024$528,600
Hamilton County Department of Job and Family ServicesFY2024$465,000
Sjrc Texas INCTX · FY2024$461,250
Parsons Child & Family CenterNY · FY2024$440,000
Hillside Childrens CenterNY · FY2024$440,000
Puerto Rico Department of the FamilyFY2024$385,000
See all 634 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$52.4M
Ln 12
Gifts and grantsLn 1h$48.7M
Investment incomeLn 3$3.1M
Other incomeLn 4–11$429K
Money outPt IX
$40.5M
Ln 25
Programscol B$34.3M
Managementcol C$2.9M
Fundraisingcol D$3.3M
Owns and owesPt X
$84.5M
net assets · Ln 32
Cash and savingsLn 1–2$18.6M
Total assetsLn 16$94.1M
LiabilitiesLn 26$9.5M
PeoplePt VI, VII
38
listed · VII A
PaidVII A11
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$48.7M
Government grantsLn 1e$12.6M
Noncash giftsLn 1g$120K
Fundraising eventsLn 1c$11K
Fees for servicesLn 2g$143K
Investment incomeLn 3$3.1M
Other incomeLn 4–11$429K
Gains on assetsLn 7$1.5M
Total revenueLn 12$52.4M
Assets in detailPt X, end of year
CashLn 1$34K
SavingsLn 2$18.6M
Cash and savings togetherLn 1–2$18.6M
InvestmentsLn 11–13$65.5M
Land, buildings, equipmentLn 10c$6.9M
Other assetsLn 15$186K
Total assetsLn 16$94.1M
LiabilitiesLn 26$9.5M
Net assetsLn 32$84.5M
OperationsPt I, VI
EmployeesI 559
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$46.2M$18.6M
InvestmentsLn 11–13$26.9M$65.5M
Land, buildings, equipmentLn 10c$7.2M$6.9M
Total assetsLn 16$82.3M$94.1M
LiabilitiesLn 26$10.2M$9.5M
Net assetsLn 32$72.1M$84.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$25.6M$25.6M
Grants and assistance to foreign recipientsLn 3$143K$143K
Pay of current officers, directors and key staffLn 5$1.6M$781K$607K$230K
Other salaries and wagesLn 7$4.5M$2.6M$1.1M$830K
Pension plan contributionsLn 8$125K$75K$24K$26K
Other employee benefitsLn 9$955K$551K$223K$181K
Payroll taxesLn 10$334K$187K$88K$59K
Legal feesLn 11b$33$33
Accounting feesLn 11c$52K$52K
Professional fundraising feesLn 11e$1.4M$1.4M
Investment management feesLn 11f$164K$164K
Other fees for servicesLn 11g$334K$219K$115K
Advertising and promotionLn 12$1.5M$1.5M$18K$13K
Office expensesLn 13$184K$58K$29K$97K
Information technologyLn 14$829K$653K$173K$3K
OccupancyLn 16$362K$199K$98K$65K
TravelLn 17$215K$112K$5K$98K
Conferences, conventions and meetingsLn 19$35K$16K$14K$4K
Depreciation, depletion and amortizationLn 22$352K$328K$10K$14K
InsuranceLn 23$58K$58K
Other expenses (24a–d)Ln 24$1.4M$1.1M$37$320K
All other expensesLn 24e$253K$101K$112K$40K
Total functional expensesLn 25$40.5M$34.3M$2.9M$3.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $61.6M$52.9M$8.8M$109.5M 990 PDF
FY2024 $56.1M$44.6M$11.6M$100.3M 990 PDF
FY2023 Viewing $52.4M$40.5M$12.0M$84.5M 990 PDF
FY2022 $45.8M$36.8M$8.9M$72.1M 990 PDF
FY2021 $39.2M$28.8M$10.4M$57.4M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $52,421,388 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $44,482,325$48,712,466
I-9 Program service revenuePrior year $134,181$143,461
I-10 Investment incomePrior year $453,436$3,136,451
I-11 Other revenuePrior year $704,062$429,010
I-12 Total revenuePrior year $45,774,004$52,421,388
I-13 Grants and similar amounts paidPrior year $24,872,630$25,769,423
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,307,990$7,526,012
I-16a Professional fundraising feesPrior year $1,283,526$1,356,819
I-17 Other expensesPrior year $4,376,092$5,803,119
I-18 Total expensesPrior year $36,840,238$40,455,373
I-19 Revenue less expensesPrior year $8,933,766$11,966,015
Part VI · Governance 20 of 21 board members independent, 1 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $52,421,388 across 11 lines filed
VIII-1a Federated campaigns$1,696
VIII-1c Fundraising events$10,839
VIII-1e Government grants$12,571,904
VIII-1f All other contributions, gifts and grants$36,128,027
VIII-1g Noncash contributions (included above)$120,150
VIII-1h Total contributions, gifts and grants$48,712,466
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $143,461$143,461
VIII-3 Investment incomeExcluded from tax $1,619,633$1,619,633
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,516,818$1,516,818
VIII-8 Net income from fundraising eventsExcluded from tax $429,010$429,010
VIII-12 Total revenueRelated to mission $143,461 · Unrelated business $0 · Excluded from tax $3,565,461$52,421,388
Part IX · Statement of functional expenses $40,455,373 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $25,625,962$25,625,962
IX-3 Grants and assistance to foreign recipientsPrograms $143,461$143,461
IX-5 Pay of current officers, directors and key staffPrograms $780,678 · Management $607,406 · Fundraising $230,118$1,618,202
IX-7 Other salaries and wagesPrograms $2,598,992 · Management $1,063,465 · Fundraising $830,372$4,492,829
IX-8 Pension plan contributionsPrograms $75,378 · Management $23,696 · Fundraising $26,118$125,192
IX-9 Other employee benefitsPrograms $551,075 · Management $223,365 · Fundraising $181,010$955,450
IX-10 Payroll taxesPrograms $186,647 · Management $88,427 · Fundraising $59,265$334,339
IX-11b Legal feesManagement $33$33
IX-11c Accounting feesManagement $51,613$51,613
IX-11e Professional fundraising feesFundraising $1,356,819$1,356,819
IX-11f Investment management feesManagement $164,022$164,022
IX-11g Other fees for servicesPrograms $219,025 · Management $114,710$333,735
IX-12 Advertising and promotionPrograms $1,504,693 · Management $17,775 · Fundraising $13,007$1,535,475
IX-13 Office expensesPrograms $58,417 · Management $28,711 · Fundraising $97,060$184,188
IX-14 Information technologyPrograms $653,383 · Management $172,519 · Fundraising $3,449$829,351
IX-16 OccupancyPrograms $199,147 · Management $97,746 · Fundraising $64,737$361,630
IX-17 TravelPrograms $112,116 · Management $5,069 · Fundraising $97,805$214,990
IX-19 Conferences, conventions and meetingsPrograms $16,284 · Management $14,292 · Fundraising $4,186$34,762
IX-22 Depreciation, depletion and amortizationPrograms $328,497 · Management $9,858 · Fundraising $13,731$352,086
IX-23 InsuranceManagement $58,378$58,378
IX-24 Other expenses (24a–d)Programs $1,109,873 · Management $37 · Fundraising $319,929$1,429,839
IX-24e All other expensesPrograms $100,857 · Management $112,276 · Fundraising $39,884$253,017
IX-25 Total functional expensesPrograms $34,264,485 · Management $2,853,398 · Fundraising $3,337,490$40,455,373
Part X · Balance sheet $94,085,268 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $27,323$33,827
X-2 Savings and temporary cash investmentsStart of year $46,220,773$18,584,271
X-3 Pledges and grants receivableStart of year $1,737,671$2,711,298
X-8 Inventories for sale or useStart of year $120,761$56,742
X-9 Prepaid expenses and deferred chargesStart of year $116,892$185,937
X-10c Land, buildings and equipment, netStart of year $7,173,909$6,858,764
X-11 Publicly traded securitiesStart of year $26,915,085$65,468,176
X-15 Other assetsStart of year $4,444$186,253
X-16 Total assetsStart of year $82,316,858$94,085,268
X-17 Accounts payable and accrued expensesStart of year $207,850$77,823
X-18 Grants payableStart of year $9,598,016$8,906,899
X-25 Other liabilitiesStart of year $410,642$556,851
X-26 Total liabilitiesStart of year $10,216,508$9,541,573
X-27 Net assets without donor restrictionsStart of year $67,743,984$80,403,028
X-28 Net assets with donor restrictionsStart of year $4,356,366$4,140,667
X-32 Total net assets or fund balancesStart of year $72,100,350$84,543,695
X-33 Total liabilities and net assetsStart of year $82,316,858$94,085,268
Part XI · Reconciliation of net assets $84,543,695 net assets at year end
XI-1 Total revenue$52,421,388
XI-2 Total expenses$40,455,373
XI-3 Revenue less expenses$11,966,015
XI-4 Net assets at start of year$72,100,350
XI-5 Net unrealized gains (losses) on investments−$918,169
XI-9 Other changes in net assets$1,395,499
XI-10 Net assets at end of year$84,543,695

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.