Nonprofit · EIN 56-1839309
CAROLINA ADOPTION SERVICES INC
Tax-exempt · GREENSBORO, NC 27401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,572,369 | $1,488,026 | $84,343 | $628,907 | $733,050 | -$104,143 |
| December 31, 2024 | 990 | $1,352,821 | $1,266,547 | $86,274 | $477,282 | $668,195 | -$190,913 |
| December 31, 2023 | 990 | $275,452 | $423,049 | -$147,597 | $286,111 | $563,298 | -$277,187 |
| August 31, 2023 | 990 | $1,305,985 | $1,313,570 | -$7,585 | $289,829 | $419,419 | -$129,590 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $289,620
- of which government grants
- $78,008
- Program service revenue
- $1,152,084
- Investment income
- $21,760
- Net income from fundraising events
- $44,881
- Other revenue
- $108,905
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,889
- Other salaries and wages
- $702,540
- Salaries, compensation and benefits (total)
- $867,369
- Professional fundraising fees
- $0
- Legal fees
- $14,111
- Accounting fees
- $37,891
- Occupancy
- $43,761
- Travel
- $9,172
- Depreciation
- $14,267
- Program services (functional)
- $1,220,120
- Management and general (functional)
- $210,067
- Fundraising (functional)
- $57,839
Balance sheet and other
- Total assets, start of year
- $477,282
- Total assets, end of year
- $628,907
- Total liabilities, end of year
- $733,050
- Net assets, end of year
- -$104,143
- Land, buildings and equipment
- $14,560
- Publicly traded securities
- $21,069
- Net assets without donor restrictions
- -$134,169
- Net assets with donor restrictions
- $30,026
- Gross receipts
- $1,605,158
- Employees
- 50
- Volunteers
- 12
- Year formed
- 1993
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHYLLIS STEPHENSON | CHIEF EXECUTIVE OFFICER Officer | 40 | $99,889 |
| DOUG DAVIS | CHAIR Trustee or director | 0 | $0 |
| KENDRA PARKER | SECRETARY Trustee or director | 0 | $0 |
| KATHRYN LINDLEY | TREASURER Trustee or director | 0 | $0 |
| ANGELA FULLER | MEMBER Trustee or director | 0 | $0 |
| ROBERT GARREN | MEMBER Trustee or director | 0 | $0 |
| JAMES KERNERLY | MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHYLLIS STEPHENSON | CHIEF EXECUTIVE OFFICER Officer | 40 | $94,915 |
| DOUG DAVIS | CHAIR Trustee or director | 0 | $0 |
| KENDRA PARKER | SECRETARY Trustee or director | 0 | $0 |
| KATHRYN LINDLEY | TREASURER Trustee or director | 0 | $0 |
| ANGELA FULLER | MEMBER Trustee or director | 0 | $0 |
| ROBERT GARREN | MEMBER Trustee or director | 0 | $0 |
| JAMES KERNERLY | MEMBER Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHYLLIS STEPHENSON | EXECUTIVE DI Officer | 40 | $34,193 |
| DR GERALD NEBEKER | CHAIR Trustee or director, Officer | – | $0 |
| KENDRA PARKER | SECRETARY Trustee or director, Officer | – | $0 |
| JOSHUA J AUER | DIRECTOR Trustee or director | – | $0 |
| DOUG DAVIS | DIRECTOR Trustee or director | – | $0 |
| KIRSTEN WALKER | DIRECTOR Trustee or director | – | $0 |
990 for the year ended August 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHYLLIS STEPHENSON | CHIEF EXECUTIVE OFFICER Officer | 40 | $77,006 |
| DR GERALD NEBEKER | CHAIR Trustee or director, Officer | 0 | $0 |
| KENDRA PARKER | SECRETARY Trustee or director, Officer | 0 | $0 |
| JOSHUA J AUER | MEMBER Trustee or director | 0 | $0 |
| DOUG DAVIS | MEMBER Trustee or director | 0 | $0 |
| KIRSTEN WALKER | MEMBER Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1107 MAGNOLIA STREET STE B, GREENSBORO, NC 27401-1425
- Principal officer (990 for 2025)
- PHYLLIS STEPHENSON, 1107 MAGNOLIA STREET B, GREENSBORO, NC 27401
- Signed the 990
- PHYLLIS STEPHENSON, CHIEF EXECUTIVE OFFICER
- Phone
- (336) 275-9660
- Return prepared by
- DUNCAN ASHE PA
Mission
CAROLINA ADOPTION SERVICES PROVIDES INTERNATIONAL AND DOMESTIC ADOPTION SERVICES, FOSTER CARE, HOME STUDIES, AND POST ADOPTION SUPPORT FOR CHILDREN, YOUTH AND ADOPTIVE FAMILIES.
Program accomplishments
- CAROLINA ADOPTION SERVICES, INC. PROVIDES INTERNATIONAL AND DOMESTIC ADOPTION SERVICES, FOSTER CARE, HOME STUDIES, AND POST ADOPTION SUPPORT FOR CHILDREN, YOUTH AND ADOPTIVE FAMILIES.Expenses $1,220,120 · revenue $1,216,108
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1839309
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P31Z)
- Assets (IRS master file)
- $628,907
- Income (IRS master file)
- $1,605,158
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,572,369 | $1,488,026 | $628,907 | XML |
| 990 | December 2024 | $1,352,821 | $1,266,547 | $477,282 | XML |
| 990 | December 2023 | $275,452 | $423,049 | $286,111 | XML |
| 990 | August 2023 | $1,305,985 | $1,313,570 | $289,829 | XML |
| 990 | August 2022 | $630,565 | $788,719 | $224,647 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1839309).
Questions about CAROLINA ADOPTION SERVICES INC
- What is the EIN of CAROLINA ADOPTION SERVICES INC?
- The employer identification number (EIN) of CAROLINA ADOPTION SERVICES INC is 56-1839309.
- Is CAROLINA ADOPTION SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to CAROLINA ADOPTION SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINA ADOPTION SERVICES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAROLINA ADOPTION SERVICES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAROLINA ADOPTION SERVICES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAROLINA ADOPTION SERVICES INC?
- The 990 for the year ended December 31, 2025 names PHYLLIS STEPHENSON.
- Who are the officers and directors of CAROLINA ADOPTION SERVICES INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $99,889 (PHYLLIS STEPHENSON, CHIEF EXECUTIVE OFFICER).
- How much revenue does CAROLINA ADOPTION SERVICES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,572,369, expenses of $1,488,026 and total assets of $628,907 at year end.
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