Civic Intelligence

Americans for a Balanced Budget

990EZ • Fiscal year 2018 • EIN 46-4576284

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

PO Box 28091Raleigh, NC 27611

(202) 241-4759

Siviq Scores

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

Liabilities / Assets

100th percentile

50.46x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • NTEE R • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

5.35x

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

2018 filings • NTEE R • <$500k nonprofits • Source year 2018

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

2018 filings • NTEE R • <$500k nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

2018 filings • NTEE R • <$500k nonprofits • Source year 2018

Asset Growth

92nd percentile

311%

Faster asset growth than 92% of similar nonprofits.

2018 filings • NTEE R • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

164%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • NTEE R • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$9,924

Up $7,511 (+311%) from 2017

Net Assets

Up

-$490,844

Up $62,286 (+11%) from 2017

Liabilities

Down

$500,768

Down $54,775 (-9.9%) from 2017

Revenue

Up

$93,518

Up $58,090 (+164%) from 2017

Expenses

Down

$31,232

Down $1,741 (-5.3%) from 2017

Net Income

Up

$62,286

Up $59,831 (+2437%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2014: $38,397Liabilities 2014: $609,7552014Assets 2015: $2,341Liabilities 2015: $569,194Net Assets 2015: -$566,8532015Assets 2016: $26,958Liabilities 2016: $582,543Net Assets 2016: -$555,5852016Assets 2017: $2,413Liabilities 2017: $555,543Net Assets 2017: -$553,1302017Assets 2018: $9,924Liabilities 2018: $500,768Net Assets 2018: -$490,8442018Assets 2019: $20,758Liabilities 2019: $478,268Net Assets 2019: -$457,5102019Assets 2020: $4,164Liabilities 2020: $170,501Net Assets 2020: -$166,3372020Assets 2021: $2,463Liabilities 2021: $165,501Net Assets 2021: -$163,0382021Assets 2022: $256,305Liabilities 2022: $0Net Assets 2022: $256,3052022Assets 2023: $241,149Liabilities 2023: $0Net Assets 2023: $241,1492023Assets 2024: $262,450Liabilities 2024: $926Net Assets 2024: $261,5242024

Highlighted filing

2018

Assets$9,924
Liabilities$500,768
Net Assets-$490,844

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $100,072Expenses 2014: $149,419Net Income 2014: -$49,3472014Revenue 2015: $367,739Expenses 2015: $363,234Net Income 2015: $4,5052015Revenue 2016: $25,000Expenses 2016: $13,732Net Income 2016: $11,2682016Revenue 2017: $35,428Expenses 2017: $32,973Net Income 2017: $2,4552017Revenue 2018: $93,518Expenses 2018: $31,232Net Income 2018: $62,2862018Revenue 2019: $93,532Expenses 2019: $60,198Net Income 2019: $33,3342019Revenue 2020: $105,000Expenses 2020: $36,594Net Income 2020: $68,4062020Revenue 2021: $292,500Expenses 2021: $289,201Net Income 2021: $3,2992021Revenue 2022: $2,384,990Expenses 2022: $1,965,647Net Income 2022: $419,3432022Revenue 2023: $936,980Expenses 2023: $952,136Net Income 2023: -$15,1562023Revenue 2024: $68,125Expenses 2024: $47,750Net Income 2024: $20,3752024

Highlighted filing

2018

Revenue$93,518
Expenses$31,232
Net Income$62,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$93,518
Mission and Program Overview

Mission

Originally in operation during the 1980s and 1990s, americans for a balanced budget (abb) was re-founded in 2009 in response to the reckless fiscal policies of the big-spending, out-of-control politicians in washington, d.c. With the national debt soaring past 18 trillion dollars, it is clear to millions of americans that this massive debt is our greatest national security risk in the 21st century. Abb provides a voice for american taxpayers who believe the united states must get its spending under control in order to survive and prosper. Abb is an effective advocacy organization working toward a balanced budget amendment, a modernized tax code and other common sense policy objectives which will help america get its fiscal house in order.

Program Services

DescriptionGrantsExpenses
ISSUE ADVOCACY-$29,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HON THOMAS COWART GOOLSBY JR ESQChairman-$0--
CHAD ADAM HEFLINSecretary-$0--
ROGER LEE CURRIE JRTreasurer-$0--
DOUGLAS STEWARTExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Americans for a Balanced Budget
EIN
46-4576284
Phone
2022414759
Address
PO BOX 28091, RALEIGH, NC 27611

Signing Officer

Name
Douglas Stewart
Title
Executive Director
Phone
2022414759
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Joyce and Company CPA
Address
104 BRADY CT, CARY, NC 27511
Preparer
Shelton M Ennis CPA
Phone
9194660946
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,099 telephone 298 miscellaneous 159 penalties 293 total 1,849

Form 990-ez, Part II, Line 24

Accounts receivable 261 261 1,625 1,625 less accumulated depreciation 1,625 1,625 security deposit 1,495 1,495 total 1,756 1,756

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 222,767 222,767 loans from officers 332,776 278,001

Form 990-ez, Part III

Originally in operation during the 1980s and 1990s, americans for a balanced budget (abb) was re-founded in 2009 in response to the reckless fiscal policies of the big-spending, out-of-control politicians in washington, d.c. With the national debt soaring past 18 trillion dollars, it is clear to millions of americans that this massive debt is our greatest national security risk in the 21st century. Abb provides a voice for american taxpayers who believe the united states must get its spending under control in order to survive and prosper. Abb is an effective advocacy organization working toward a balanced budget amendment, a modernized tax code and other common sense policy objectives which will help america get its fiscal house in order.

Raw XML Appendix132 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,099 TELEPHONE 298 MISCELLANEOUS 159 PENALTIES 293 TOTAL 1,849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 261 261 1,625 1,625 LESS ACCUMULATED DEPRECIATION 1,625 1,625 SECURITY DEPOSIT 1,495 1,495 TOTAL 1,756 1,756
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORIGINALLY IN OPERATION DURING THE 1980S AND 1990S, AMERICANS FOR A BALANCED BUDGET (ABB) WAS RE-FOUNDED IN 2009 IN RESPONSE TO THE RECKLESS FISCAL POLICIES OF THE BIG-SPENDING, OUT-OF-CONTROL POLITICIANS IN WASHINGTON, D.C. WITH THE NATIONAL DEBT SOARING PAST 18 TRILLION DOLLARS, IT IS CLEAR TO MILLIONS OF AMERICANS THAT THIS MASSIVE DEBT IS OUR GREATEST NATIONAL SECURITY RISK IN THE 21ST CENTURY. ABB PROVIDES A VOICE FOR AMERICAN TAXPAYERS WHO BELIEVE THE UNITED STATES MUST GET ITS SPENDING UNDER CONTROL IN ORDER TO SURVIVE AND PROSPER. ABB IS AN EFFECTIVE ADVOCACY ORGANIZATION WORKING TOWARD A BALANCED BUDGET AMENDMENT, A MODERNIZED TAX CODE AND OTHER COMMON SENSE POLICY OBJECTIVES WHICH WILL HELP AMERICA GET ITS FISCAL HOUSE IN ORDER.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings