Otr Adopt INC FY2020 filing

Tax-deductible

Cincinnati, OH501(c)(3)HousingEIN 80-0672053Revenue $152K in FY2020

On file with the IRSotradopt.com1311 Vine St, 45202-7118 · Cincinnati, OHTax-exempt since Jun 2011Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To preserve Cincinnatis architectural heritage by facilitating the transfer of vacant historic buildings to responsible new owners

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$26K 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

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $33K a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$26K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$260K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$152K
Spent
$80K
To programs
87%
Net assets
$587K
By yearFY2020–FY2024
Revenue
$152K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$152K
FY2021$330K
FY2022$358K
FY2023$245K
FY2024$175K
Expenses
$80K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$80K
FY2021$158K
FY2022$424K
FY2023$235K
FY2024$200K
Net assets
$587K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$587K
FY2021$760K
FY2022$694K
FY2023$757K
FY2024$732K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2011.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $69K Management & general 13% · $10K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990; $26K paid to officers and key staff.

Part VII, Section A · reportable compensation
$26,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Danny Klingler’s $49K as Executive Director/President is at the 37th percentile of top reported officer pay among 852 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Danny Klingler$48,733$42,000$38,567$30,400$26,000
Michael Mann—$8,274$5,643$2,035—

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 Otr Adopt INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves Cincinnati's historic buildings by connecting them with new owners.

Questions for Otr Adopt INC

Tap to ask. Otr Adopt INC sees how many people are interested.

Your first name shows with your question. Otr Adopt INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $69K · in their own filed words · FY2020
01

OTR ADOPT impacts vacant, dilapidated historic buildings in Cincinnati neighborhoods, helping to ensure these buildings are preserved for future generations and brought out of the cycle of abandonment and blight.

$69Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$152K
Ln 12
Other incomeLn 4–11$100K
Fees for servicesLn 2g$38K
Gifts and grantsLn 1h$14K
Money outPt IX
$80K
Ln 25
Programscol B$69K
Managementcol C$10K
Owns and owesPt X
$587K
net assets · Ln 32
Cash and savingsLn 1–2$67K
Total assetsLn 16$848K
LiabilitiesLn 26$260K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14K
Fees for servicesLn 2g$38K
Other incomeLn 4–11$100K
Total revenueLn 12$152K
Assets in detailPt X, end of year
CashLn 1$67K
Cash and savings togetherLn 1–2$67K
Land, buildings, equipmentLn 10c$308K
Other assetsLn 15$99K
Total assetsLn 16$848K
LiabilitiesLn 26$260K
Net assetsLn 32$587K
OperationsPt I, VI
EmployeesI 52
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$40K$67K
Land, buildings, equipmentLn 10c$283K$308K
Total assetsLn 16$799K$848K
LiabilitiesLn 26$283K$260K
Net assetsLn 32$515K$587K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$26K$22K$4K$0
Other salaries and wagesLn 7$36K$34K$2K$0
Other employee benefitsLn 9$551$468$83$0
Payroll taxesLn 10$5K$5K$237$0
Legal feesLn 11b$752$752$0$0
Accounting feesLn 11c$2K$0$2K$0
Other fees for servicesLn 11g$2K$1K$1K$0
Office expensesLn 13$3K$3K$151$0
OccupancyLn 16$2K$2K$100$0
TravelLn 17$231$219$12$0
InsuranceLn 23$735−$40$775$0
Other expenses (24a–d)Ln 24$2K$1K$368$0
Total functional expensesLn 25$80K$69K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $175K$200K−$25K$732K 990 PDF
FY2023 $245K$235K$10K$757K 990 PDF
FY2022 $358K$424K−$66K$694K 990 PDF
FY2021 $330K$158K$172K$760K 990 PDF
FY2020 Viewing $152K$80K$72K$587K 990 PDF

Want to add your own materials alongside these filings? 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 FY2020 990 (6 parts)
Part I · Summary $151,901 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,081$13,905
I-9 Program service revenuePrior year $62,674$37,591
I-10 Investment incomePrior year −$6,880$0
I-11 Other revenuePrior year $26,127$100,405
I-12 Total revenuePrior year $95,002$151,901
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $72,192$67,394
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $31,103$12,441
I-18 Total expensesPrior year $103,295$79,835
I-19 Revenue less expensesPrior year −$8,293$72,066
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $151,901 across 5 lines filed
Lines not itemized here account for $100,269 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$13,905
VIII-1h Total contributions, gifts and grants$13,905
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$37,591
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $136 · Unrelated business $0 · Excluded from tax $0$136
VIII-12 Total revenueRelated to mission $137,996 · Unrelated business $0 · Excluded from tax $0$151,901
Part IX · Statement of functional expenses $79,835 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $22,100 · Management $3,900 · Fundraising $0$26,000
IX-7 Other salaries and wagesPrograms $34,295 · Management $1,805 · Fundraising $0$36,100
IX-9 Other employee benefitsPrograms $468 · Management $83 · Fundraising $0$551
IX-10 Payroll taxesPrograms $4,506 · Management $237 · Fundraising $0$4,743
IX-11b Legal feesPrograms $752 · Management $0 · Fundraising $0$752
IX-11c Accounting feesPrograms $0 · Management $1,800 · Fundraising $0$1,800
IX-11g Other fees for servicesPrograms $1,021 · Management $1,254 · Fundraising $0$2,275
IX-13 Office expensesPrograms $2,865 · Management $151 · Fundraising $0$3,016
IX-16 OccupancyPrograms $1,900 · Management $100 · Fundraising $0$2,000
IX-17 TravelPrograms $219 · Management $12 · Fundraising $0$231
IX-23 InsurancePrograms −$40 · Management $775 · Fundraising $0$735
IX-24 Other expenses (24a–d)Programs $1,264 · Management $368 · Fundraising $0$1,632
IX-25 Total functional expensesPrograms $69,350 · Management $10,485 · Fundraising $0$79,835
Part X · Balance sheet $847,885 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $39,940$66,544
X-8 Inventories for sale or useStart of year $406,162$374,491
X-10c Land, buildings and equipment, netStart of year $283,239$307,606
X-15 Other assetsStart of year $61,511$99,244
X-16 Total assetsStart of year $798,845$847,885
X-17 Accounts payable and accrued expenses$2,500
X-19 Deferred revenueStart of year $4,575$7,850
X-24 Unsecured notes and loans payable$12,000
X-26 Total liabilitiesStart of year $283,437$260,411
X-27 Net assets without donor restrictionsStart of year $515,408$587,474
X-32 Total net assets or fund balancesStart of year $515,408$587,474
X-33 Total liabilities and net assetsStart of year $798,845$847,885
Part XI · Reconciliation of net assets $587,474 net assets at year end
XI-1 Total revenue$151,901
XI-2 Total expenses$79,835
XI-3 Revenue less expenses$72,066
XI-4 Net assets at start of year$515,408
XI-10 Net assets at end of year$587,474

Form 990 e-file (XML) FY2020 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.