Civic Intelligence

Abyssinian Fund Inc

990EZ • Fiscal year 2018 • EIN 27-0736516

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileAbyFund.org
132 Odell Clark PlaceNew York, NY 10030

(212) 828-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

8.02x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

2.14x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

6th percentile

-75%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

5th percentile

-71%

Faster asset growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-69%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$3,470

Down $24,871 (-88%) from 2016

Net Assets

Down

-$24,363

Down $35,371 (-321%) from 2016

Liabilities

Up

$27,833

Up $10,500 (+61%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin6th percentile

Revenue

Down

$13,030

Down $34,125 (-72%) from 2016

Expenses

Down

$22,867

Down $40,923 (-64%) from 2016

Net Income

Up

-$9,837

Up $6,798 (+41%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2018

Assets$3,470
Liabilities$27,833
Net Assets-$24,363
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$13,030
Expenses$22,867
Net Income-$9,837
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$13,030
Mission and Program Overview

Mission

Assist ethiopian farmers with sustainable crops

Program Services

DescriptionGrantsExpenses
FUNDING TO EDUCATE AND ASSIST LOCAL ETHIOPIAN FARMERS IN PREPARATION AND SALES OF COFFEE TO US MARKETS-$12,564
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
REV ITANG YOUNGExecutive DirectorFT$0--
REV CALVIN O BUTTSChairman-$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
2019-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Brian S Adjo CPA
Address
154 W 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

“Supplies 1,122”

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

“Depreciation 2,058”

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

“Credit card processing fees 715”

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

“Bank fees 1,208”

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

“Insurance 1,642”

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

“Ethiopian Farm Develop. Program Exp. 12,564”

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

“Marketing 653”

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

“Sales tax 50”

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

“Loss of United Bank SC - Ethiopia 1,391”

Form 990-EZ, Part I, Line 20, Net Assets

“Other Reconciling Adjustment 1,359”

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

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

Raw XML Appendix172 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
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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/BOYAmt011948
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03470
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013030
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9837
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01464
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0ET
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeCountryCd0ET
IRS990EZ/ForeignOfficeInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011948
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03470
IRS990EZ/GrossReceiptsAmt013030
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-15885
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-24363
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-15885
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-24363
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REV ITANG YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1REV CALVIN O BUTTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIANNE YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt01359
IRS990EZ/OtherExpensesTotalAmt021403
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSIST ETHIOPIAN FARMERS WITH SUSTAINABLE CROPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDING TO EDUCATE AND ASSIST LOCAL ETHIOPIAN FARMERS IN PREPARATION AND SALES OF COFFEE TO US MARKETS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012564
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027833
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt027833
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt022867
IRS990EZ/TotalProgramServiceExpensesAmt012564
IRS990EZ/TotalRevenueAmt013030
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0AbyFund.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt055479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0147617
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0315163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0315163
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt058487
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt055479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0147617
IRS990ScheduleA/Total509Grp/TotalAmt0315163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt040550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt058487
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt055488
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0147617
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0315172
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/ExplanationTxt0Supplies 1,122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation 2,058
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Credit card processing fees 715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank fees 1,208
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 1,642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Ethiopian Farm Develop. Program Exp. 12,564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Marketing 653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Sales tax 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Loss of United Bank SC - Ethiopia 1,391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Other Reconciling Adjustment 1,359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DIRECTORS 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 I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REV ITANG YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
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/FilingSecurityInformation/AtSubmissionCreationDeviceId09B601C231FA62532DDA596C73BE66FFCF4C46BC4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09B601C231FA62532DDA596C73BE66FFCF4C46BC4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.254.242.230
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:11:14
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRIAN S ADJO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0154 W 131ST STREET 3RD FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010027
ReturnHeader/PreparerPersonGrp/PhoneNum02123488814
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN S ADJO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-15T11:00:41-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,470
Liabilities
$27,833
Net assets
-$24,363
Revenue
$13,030
Expenses
$22,867
Net income
-$9,837
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.28$0.12$0.06$0.14$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.28$0.04$0.27$0.07$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.28$0.24$0.13$0.23$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.17$0.11$0.47$0.64$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.55$0.88$0.33
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.63$1.48$1.24$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.40$1.23$1.15$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.49$1.13$1.52$0.39
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits