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Indiana · Nonprofit

COURAGEOUS HEARTS ADOPTIONS INC

COURAGEOUS HEARTS ADOPTIONS INC (Indiana) receives grants from 4 organizations whose IRS filings report $23,281 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($7,850). 1 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$916k
Funders on record
4
Grants received
$23k
Net assets
$184k
1/4 repeat funderspeak grant-dependency 3%
01What it does

What Courageous Hearts Adoptions Inc does

Mission

Providing competent and transparent adoption services, focused on unmet needs of birth parents and reducing financial risks to adopting parents.

As stated on its FY2024 Form 990.

Programs

  1. Domestic adoptions: placed 19 children with adopting parents and provided medical, counseling, and living assistance to 30 women experiencing unplanned pregnancies.

    $613,529 spent$881,586 earned by the program
    91% of program spending
  2. Embrace, empower, renew: assisted 13 birth mothers with post placement support services.

    $3,188 spent$21,756 earned by the program
    0% of program spending
  3. Courageous choice relief: assisted 8 adopting families with fees and services related to the adoption process.

    $59,900 spent$9,100 earned by the program
    9% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $676,617.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($121k) Expenses 100 ($62k) Net assets 100 ($59k)2020 Revenue 220 ($267k) Expenses 445 ($278k) Net assets 80 ($47k)2021 Revenue 171 ($207k) Expenses 243 ($152k) Net assets 174 ($102k)2022 Revenue 297 ($359k) Expenses 574 ($358k) Net assets 189 ($111k)2023 Revenue 396 ($479k) Expenses 742 ($464k) Net assets 216 ($127k)2024 Revenue 757 ($916k) Expenses 1376 ($860k) Net assets 315 ($184k)
201920202021202220232024
Revenue (757)Expenses (1376)Net assets (315)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $183k to $367k (+101%).

$59k
$62k
$110k
$112k
$183k
$367k
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 8%. Grants only. Government contracts and fees sit inside program revenue.

4% of COURAGEOUS HEARTS ADOPTIONS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (91% for the typical peer).

This organization
Typical peer · 23,870 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$59k
’19
−$12k
’20
$55k
’21
$1k
’22
$15k
’23
$56k
’24
4.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sara Baker

Executive director

As listed on its FY2024 Form 990.

201920202021202220232024
Listed788888
Joined·+3+0+1+0+1
No longer listed·20101
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $8k → $8k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 67% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of COURAGEOUS HEARTS ADOPTIONS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COURAGEOUS HEARTS ADOPTIONS INC leans on a few funders — its largest provides 34% of grant income and the top three 100%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COURAGEOUS HEARTS ADOPTIONS INC.

34%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

67% of COURAGEOUS HEARTS ADOPTIONS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $8k that is directly attributable, 100% of it comes from funders outside Indiana, across 1 state.

GA

Funder states come from each funder’s own filing. $16k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COURAGEOUS HEARTS ADOPTIONS INC has grown faster than three-quarters of the 21,616 human services nonprofits its size.

Operating margin6% · above the median
Months of reserve4.3mo · below the median
Revenue growth (annualized)50% · top quartile

this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024

Organizations like COURAGEOUS HEARTS ADOPTIONS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

7
board members
71%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for COURAGEOUS HEARTS ADOPTIONS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COURAGEOUS HEARTS ADOPTIONS INC?
COURAGEOUS HEARTS ADOPTIONS INC (Indiana) receives grants from 4 organizations whose IRS filings report $23,281 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($7,850). 1 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does COURAGEOUS HEARTS ADOPTIONS INC have?
IRS filings report 4 organizations giving $23,281 in grants to COURAGEOUS HEARTS ADOPTIONS INC, 1 of which have funded it in more than one year.
Who is the largest funder of COURAGEOUS HEARTS ADOPTIONS INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $7,850 in grants. The full list of funders is on this page.
How can an organization like COURAGEOUS HEARTS ADOPTIONS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Courageous Hearts Adoptions →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing