Civic Intelligence

Abyssinian Fund Inc

990EZ • Fiscal year 2019 • EIN 27-0736516

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

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

95th percentile

1.17x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.01x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

98th percentile

583%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

111%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$23,689

Up $20,219 (+583%) from 2018

Net Assets

Up

-$4,144

Up $20,219 (+83%) from 2018

Liabilities

Flat

$27,833

Flat from 2018

Revenue

Up

$27,478

Up $14,448 (+111%) from 2018

Expenses

Down

$7,259

Down $15,608 (-68%) from 2018

Net Income

Up

$20,219

Up $30,056 (+306%) from 2018

Historical Trend

Balance Sheet Trend

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

2019

Assets$23,689
Liabilities$27,833
Net Assets-$4,144

Operations Trend

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

2019

Revenue$27,478
Expenses$7,259
Net Income$20,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$27,478
Mission and Program Overview

Mission

Assist ethiopian farmers with sustainable crops

Program Services

DescriptionGrantsExpenses
ABYSSINIAN FUNDS PROGRAMS WERE DORMANT IN 2019. COMPANY PLANS TO RESUME AFTER THE COVID-19 PANDEMIC IS CONTROLLED.--
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
2020-11-16
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 8, Other Revenue

NYS DOL NET REFUND 1,118

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

Supplies 712

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

Depreciation 29

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

Credit card processing fees 666

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

Bank fees 715

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

Marketing 653

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

Office expense 550

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

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

Raw XML Appendix159 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/PhoneNum02128627474
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0132 Odell Clark Place
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010030
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03470
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt02300
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-24363
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-4144
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-4144
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0REV ITANG YOUNG
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03325
IRS990EZ/OtherRevenueTotalAmt01118
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSIST ETHIOPIAN FARMERS WITH SUSTAINABLE CROPS
IRS990EZ/ProgramServiceRevenueAmt026360
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ABYSSINIAN FUNDS PROGRAMS WERE DORMANT IN 2019. COMPANY PLANS TO RESUME AFTER THE COVID-19 PANDEMIC IS CONTROLLED.
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt027833
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt027833
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt07259
IRS990EZ/TotalRevenueAmt027478
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0AbyFund.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt040550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt058487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt055479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0167546
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0167546
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt040550
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt055479
IRS990ScheduleA/Total509Grp/TotalAmt0167546
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt013030
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055488
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0167555
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/ExplanationTxt0NYS DOL NET REFUND 1,118
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 712
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation 29
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Credit card processing fees 666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank fees 715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Marketing 653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office expense 550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DIRECTORS COMPENSATION PAYABLE Beginning of year 27,833, End of year 27,833
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
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 II, Line 26, Liabilities
ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0REV ITANG YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
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
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
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ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
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ReturnHeader/FilingSecurityInformation/IPTm018:36:52
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/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN S ADJO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-16T05:12:05-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits