Adopt a Family USA INC EIN 99-4530934

Adopt a Family USA INC

EIN  99-4530934 Public charity (501(c)(3)) Spring Valley, NY
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Size
$100K–1M
What they do
Connects families abroad with serious illness to local sponsors for financial support.
Leadership
Chesky Berkowitz · Treasurer
Money in and out
$143K revenue, $18K expenses
Bottom line
52% program efficiency

Connects families abroad with serious illness to local sponsors for financial support. For fiscal year 2024 it reported $143K in revenue, $18K in expenses, and $124K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$143K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$124K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $124K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.41 Fundraising $0.08
Program efficiency
52%
of spending reaches programs
Operating runway
81.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+87%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$143K
Pt VIII · Ln 12
Total expenses
$18K
Pt IX · Ln 25
Net assets
$124K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$124K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

This program was launched to help families from abroad that are in the united states due to serious illness. When a local family generously agrees to support a guest family with weekly funds, adopt a family facilitates the transfer of these funds from sponsor family to recipient family.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAdopt a Family USA INC
EINHdr · item D99-4530934
Principal addressHdr · item CSpring Valley, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFSep 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$143K
Total revenueLn 12$143K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.41 Fundraising $0.08
Program services52%$10K
Management & general41%$7K
Fundraising8%$1K
Total functional expensesLn 25$18K

Balance Sheet

Part X · end of year
CashLn 1$125K
Total assetsLn 16$125K
Total liabilitiesLn 26$939
Total net assetsLn 32$124K
Months of cash on handcomputed81.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $125K · Operating expenses/yr $18K
81.9 months
Where the money goes
Program services
Program services $10K · Total expenses $18K
52%
Management & General
Management & general $7K · Total expenses $18K
41%
Fundraising
Fundraising $1K · Total expenses $18K
8%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $143K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $143K · Total revenue $143K
100%
Government reliance
Government grants — · Total revenue $143K
Earned-income share
Program service revenue $0 · Total revenue $143K
0%
Investment reliance
Investment income $0 · Total revenue $143K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $18K
0%
Growth & trend
Revenue growth (YoY)
This year $143K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $124K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $143K · Expenses $18K
+87%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $124K · Total assets $125K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $125K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Chesky Berkowitz · Reported title TREASURER · Highest reported compensation $0 · Total expenses $18K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $18K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 41%
Fundraising cost ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
The Ojc FundFY2024$146K
Vyazreim INCFY2024$52K
Total grants receivedfrom 2 funders$198K
Grants paid · 1 grant · $10K · 2024–2024
Unitemized GrantFY2024$9,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$143K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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