Civic Intelligence

Abyssinian Fund Inc

EIN 27-0736516 • 501(c)3 • New York, NY

Profile

Assist ethiopian farmers with sustainable crops

132 Odell Clark PlaceNew York, NY 10030

http//www.abyfund.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.78x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

4.99x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

8th percentile

-144%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

25th percentile

-34%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-80%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$15,641

Down $8,048 (-34%) from 2019

Liabilities

Flat

$27,833

Flat from 2019

Net Assets

Down

-$12,192

Down $8,048 (-194%) from 2019

Revenue

Down

$5,575

Down $21,903 (-80%) from 2019

Expenses

Up

$13,623

Up $6,364 (+88%) from 2019

Net Income

Down

-$8,048

Down $28,267 (-140%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2011: $49,097Net Assets 2011: $49,0972011Assets 2013: $39,799Net Assets 2013: $39,7992013Assets 2014: $63,096Net Assets 2014: $63,0962014Assets 2015: $30,142Net Assets 2015: $30,1422015Assets 2016: $28,341Liabilities 2016: $17,333Net Assets 2016: $11,0082016Assets 2018: $3,470Liabilities 2018: $27,833Net Assets 2018: -$24,3632018Assets 2019: $23,689Liabilities 2019: $27,833Net Assets 2019: -$4,1442019Assets 2020: $15,641Liabilities 2020: $27,833Net Assets 2020: -$12,1922020

Highlighted filing

2020

Assets$15,641
Liabilities$27,833
Net Assets-$12,192

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $112,979Expenses 2011: $152,086Net Income 2011: -$39,1072011Revenue 2013: $122,650Expenses 2013: $115,390Net Income 2013: $7,2602013Revenue 2014: $147,617Expenses 2014: $124,320Net Income 2014: $23,2972014Revenue 2015: $55,488Expenses 2015: $88,442Net Income 2015: -$32,9542015Revenue 2016: $47,155Expenses 2016: $63,790Net Income 2016: -$16,6352016Revenue 2018: $13,030Expenses 2018: $22,867Net Income 2018: -$9,8372018Revenue 2019: $27,478Expenses 2019: $7,259Net Income 2019: $20,2192019Revenue 2020: $5,575Expenses 2020: $13,623Net Income 2020: -$8,0482020

Highlighted filing

2020

Revenue$5,575
Expenses$13,623
Net Income-$8,048

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$5,575
Mission and Program Overview

Mission

Assist ethiopian farmers with sustainable crops

Program Services

DescriptionGrantsExpenses
ABYSSINIAN FUNDS PROGRAMS WERE DORMANT IN 2020 DUE TO COVID.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REV ITANG YOUNGExecutive DirectorPT$0--
REV CALVIN O BUTTS IIIChairman-$0--
DIANNE YOUNGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Abyssinian Fund Inc
EIN
27-0736516
Phone
2128284300
Address
132 ODELL CLARK PLACE, NEW YORK, NY 10030

Signing Officer

Name
Rev Itang Young
Title
Executive Director
Signed
2021-11-15
Discuss with paid preparer
No

Preparer

Firm
Brian S Adjo CPA
Address
154 WEST 131ST STREET - 3RD FL, NEW YORK, NY 10027
Preparer
Brian S Adjo
Phone
2123488814
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Credit card processing fees 1,077

Form 990-EZ, Part I, Line 16, Other Expenses

Bank fees 779

Form 990-EZ, Part II, Line 26, Liabilities

DIRECTORS COMPENSATION PAYABLE Beginning of year 27,833, End of year 27,833

Raw XML Appendix147 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Rev Itang Young
IRS990EZ/BooksInCareOfDetail/PhoneNum02128627474
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0132 Odell Clark Place
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010030
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023689
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015641
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05575
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8048
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt011767
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0ET
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeCountryCd0ET
IRS990EZ/ForeignOfficeInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023689
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015641
IRS990EZ/GrossReceiptsAmt05575
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-4144
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-12192
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-4144
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-12192
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REV ITANG YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1REV CALVIN O BUTTS III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIANNE YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01856
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSIST ETHIOPIAN FARMERS WITH SUSTAINABLE CROPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ABYSSINIAN FUNDS PROGRAMS WERE DORMANT IN 2020 DUE TO COVID.
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027833
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt027833
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt013623
IRS990EZ/TotalRevenueAmt05575
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0AbyFund.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt040550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0144002
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0144002
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026360
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt013030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt040550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt058487
IRS990ScheduleA/Total509Grp/TotalAmt0144002
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026360
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt013030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt040550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt058487
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0144002
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Credit card processing fees 1,077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank fees 779
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS COMPENSATION PAYABLE Beginning of year 27,833, End of year 27,833
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0REV ITANG YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABYSSINIAN FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ABYS
ReturnHeader/Filer/EIN0270736516
ReturnHeader/Filer/PhoneNum02128284300
ReturnHeader/Filer/USAddress/AddressLine1Txt0132 ODELL CLARK PLACE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010030
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRIAN S ADJO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0154 WEST 131ST STREET - 3RD FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010027
ReturnHeader/PreparerPersonGrp/PhoneNum02123488814
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN S ADJO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-15T05:23:47-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ITANG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YOUNG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.