Saturday, July 26, 2008
EUROPEAN ADOPTION CONSULTANTS: LIVING LARGE OFF THE MISERY OF OTHERS
Curious minds wonder. Just how much does European Adoption Consultants, the placing agency of two Russian children who ended up dead at the hands of their Forever Families,* rake in each year? Since I'm not an accountant, I'm not going to pretend to interpret their IRS 990s, available on Guidestar (free registration required). There's a lot more than these figures: salaries, expenses, inventory. Perhaps somebody else can elaborate. In the meantime, here's a sample:
2005: $8,197,469 (adjusted to $8,257,994 on 2006 990 form)
2006: $ 7,809,150
TOTAL: $23,565,240 (adjusted to $23,635,765)
NET ASSETS AND DEFERRED BALANCES
EAC Director Margaret Cole-Hughes' salary:
2004: $194,000 + $70,000 in benefits and deferred compensation
I guess the day of the kindly but poor social worker played by Beulah Bondi has gone the way of...well...Beulah Bondi.
EAC is a Hague Accredited by the Council for Accreditation, It is a member of The Joint Council on International Children's Services and the National Council for Adoption.
*Logan Higginbotham, November 25, 1998
Dmitry Yakolev/Chase Harrison, July 8, 2008