Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Abac Foundation Inc.
990EZ • Fiscal year 2019 • EIN 27-2813796
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Balance Sheet
Assets
Down$16,685
Down $8,300 (-33%) from 2018
Net Assets
Down$16,685
Down $8,300 (-33%) from 2018
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$121,985
Down $2,098 (-1.7%) from 2018
Expenses
Up$130,285
Up $7,408 (+6.0%) from 2018
Net Income
Down-$8,300
Down $9,506 (-788%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Oct 26, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $121,985
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
| Description | Grants | Expenses |
|---|---|---|
| ALL PROGRAMS PERFORMED FOR THE BENEIFT OF THE CORPORATION, ITS MEMBERS AND GUESTS WITHIN THE MEANING OF CODE SECTION 501 (C) 7. | $1,000 | $130,285 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KADY OWENS | Treasurer | - | $0 | - | - |
| MAUREEN SULLIVAN | Secretary | - | $0 | - | - |
| JOEY GANGI | President | - | $0 | - | - |
| ALLY DUNCAN | Vice 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 Owens
- Title
- Treasurer
- Phone
- 4043654425
- Signed
- 2020-10-26
- 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 conferences and meetings 129,285 total 129,285”
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.”
Raw XML Appendix143 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/PersonNm | 0 | KADY OWENS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4043654425 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 12105 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ATLANTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30355 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 24985 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16685 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 121985 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8300 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 24985 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 16685 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 1000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 121985 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 24985 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16685 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 24985 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16685 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KADY OWENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MAUREEN SULLIVAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOEY GANGI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ALLY DUNCAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 129285 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ALL PROGRAMS PERFORMED FOR THE BENEIFT OF THE CORPORATION, ITS MEMBERS AND GUESTS WITHIN THE MEANING OF CODE SECTION 501 (C) 7. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 1000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 130285 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 130285 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 130285 |
| IRS990EZ/TotalRevenueAmt | 0 | 121985 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://WWW.ABAC-ONLINE.ORG/ |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 121985 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 124083 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 107101 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 113218 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 122631 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 589018 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 589018 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 121985 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 124083 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 107101 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 113218 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 122631 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 589018 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 121985 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 124083 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 107101 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 113218 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 122631 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 589018 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES CONFERENCES AND MEETINGS 129,285 TOTAL 129,285 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KADY OWENS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4043654425 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-10-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ABAC FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ABAC |
| ReturnHeader/Filer/EIN | 0 | 272813796 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 12105 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ATLANTA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30355 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 204010A5679BD9D3A7338BA60D7BD813E7DEEE20 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 509688EF9277008278A6B278BB01A945B5F102E7 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.243.216.5 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-16 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:55:22 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 412210752 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALLIANT CPA GROUP LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1395 S MARIETTA PKWY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MARIETTA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30067 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7704231865 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFF E SCHWIND |
| ReturnHeader/ReturnTs | 0 | 2020-11-16T09:55:22-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $16,685
- Liabilities
- -
- Net assets
- $16,685
- Revenue
- $121,985
- Expenses
- $130,285
- Net income
- -$8,300