Civic Intelligence

Abac Foundation Inc.

990EZ • Fiscal year 2017 • EIN 27-2813796

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 23, 2018

PO Box 12105Atlanta, GA 30355

(404) 365-4425

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$23,778

No earlier filing loaded for comparison.

Net Assets

$23,778

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$107,101

No earlier filing loaded for comparison.

Expenses

$120,892

No earlier filing loaded for comparison.

Net Income

-$13,791

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2017: $23,778Net Assets 2017: $23,7782017Assets 2018: $24,985Net Assets 2018: $24,9852018Assets 2019: $16,685Net Assets 2019: $16,6852019Assets 2020: $8,867Net Assets 2020: $8,8672020Assets 2021: $379Net Assets 2021: $3792021Assets 2022: $25,528Net Assets 2022: $25,5282022Assets 2023: $33,657Net Assets 2023: $33,6572023Assets 2024: $13,372Net Assets 2024: $13,3722024

Highlighted filing

2017

Assets$23,778
Liabilities-
Net Assets$23,778

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2017: $107,101Expenses 2017: $120,892Net Income 2017: -$13,7912017Revenue 2018: $124,083Expenses 2018: $122,877Net Income 2018: $1,2062018Revenue 2019: $121,985Expenses 2019: $130,285Net Income 2019: -$8,3002019Revenue 2020: $9,065Expenses 2020: $16,883Net Income 2020: -$7,8182020Expenses 2021: $8,4882021Revenue 2022: $107,972Expenses 2022: $82,823Net Income 2022: $25,1492022Revenue 2023: $124,872Expenses 2023: $116,743Net Income 2023: $8,1292023Revenue 2024: $148,576Expenses 2024: $168,861Net Income 2024: -$20,2852024

Highlighted filing

2017

Revenue$107,101
Expenses$120,892
Net Income-$13,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 23, 2018
Return Version
2017v2.3
Gross Receipts
$107,101
Mission and Program Overview

Mission

Abac is a non-profit organization whose goals are: to unite responsible persons who are professionally engaged in radio, television and other brodcast related fields. To educate our members on current topics that affect broadcast media. To encourage ever-higher standards for electronic advertising and for the broadcast industry in performance, public responsibility and business practices.

Abac is a non-profit organization whose goals are: to unite responsible persons who are professionally engaged in radio, televeision and other brodcast related fields. To educate our members on current topics that affect broadcast media. To encourage ever-higher standards for electronic advertising and for the broadcast industry in performance, public responsibility and business practices.

Program Services

DescriptionGrantsExpenses
ALL PROGRAMS PERFORMED FOR THE BENEIFT OF THE CORPORATION, ITS MEMBERS AND GUESTS WITHIN THE MEANING OF CODE SECTION 501 (C) 7.$1,000$120,892
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KADY OWENTreasurer-$0--
ROB NOWAKSecretary-$0--
JOEY GANGIPresident-$0--
WILL GIBSONVice Preside-$0--
Filing and Contact Details

Filer

Filer Name
Abac Foundation Inc
EIN
27-2813796
Address
PO BOX 12105, ATLANTA, GA 30355

Signing Officer

Name
Kady Owen
Title
Treasurer
Phone
4043654425
Signed
2018-03-23
Discuss with paid preparer
Yes

Preparer

Firm
Alliant CPA Group LLC
Address
1395 S MARIETTA PKWY, MARIETTA, GA 30067
Preparer
Jeff E Schwind
Phone
7704231865
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 119,892 total 119,892

Form 990-ez, Part III

Abac is a non-profit organization whose goals are: to unite responsible persons who are professionally engaged in radio, televeision and other brodcast related fields. To educate our members on current topics that affect broadcast media. To encourage ever-higher standards for electronic advertising and for the broadcast industry in performance, public responsibility and business practices.

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

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 119,892 TOTAL 119,892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ABAC IS A NON-PROFIT ORGANIZATION WHOSE GOALS ARE: TO UNITE RESPONSIBLE PERSONS WHO ARE PROFESSIONALLY ENGAGED IN RADIO, TELEVEISION AND OTHER BRODCAST RELATED FIELDS. TO EDUCATE OUR MEMBERS ON CURRENT TOPICS THAT AFFECT BROADCAST MEDIA. TO ENCOURAGE EVER-HIGHER STANDARDS FOR ELECTRONIC ADVERTISING AND FOR THE BROADCAST INDUSTRY IN PERFORMANCE, PUBLIC RESPONSIBILITY AND BUSINESS PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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Filings