Civic Intelligence

Austin Serving Abaco Foundation

EIN 47-3274382 • 501(c)3 • Austin, TX

Profile

The foundation was formed to assist haitian immigrants and native bahamians in need, with a focus on helping children receive an education and assisting them in meeting their basic needs.

1410 Rockcliff RdAustin, TX 78746

www.austinservingabaco.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

42nd percentile

-1.2%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

40th percentile

-9.5%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

60%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$30,573

Down $3,191 (-9.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$30,573

Down $3,191 (-9.5%) from 2023

Revenue

Up

$94,444

Up $35,386 (+60%) from 2023

Expenses

Up

$95,565

Up $19,518 (+26%) from 2023

Net Income

Up

-$1,121

Up $15,868 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2015: $51,844Liabilities 2015: $02015Assets 2016: $66,013Liabilities 2016: $02016Assets 2017: $32,804Net Assets 2017: $32,8042017Assets 2018: $47,831Net Assets 2018: $47,8312018Assets 2019: $141,604Liabilities 2019: $1,219Net Assets 2019: $140,3852019Assets 2020: $149,058Liabilities 2020: $0Net Assets 2020: $149,0582020Assets 2021: $130,263Liabilities 2021: $0Net Assets 2021: $130,2632021Assets 2022: $51,682Liabilities 2022: $0Net Assets 2022: $51,6822022Assets 2023: $33,764Liabilities 2023: $0Net Assets 2023: $33,7642023Assets 2024: $30,573Liabilities 2024: $0Net Assets 2024: $30,5732024

Highlighted filing

2024

Assets$30,573
Liabilities$0
Net Assets$30,573

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $51,844Expenses 2015: $0Net Income 2015: $51,8442015Revenue 2016: $52,597Expenses 2016: $38,428Net Income 2016: $14,1692016Revenue 2017: $51,920Expenses 2017: $63,646Net Income 2017: -$11,7262017Revenue 2018: $62,013Expenses 2018: $38,823Net Income 2018: $23,1902018Revenue 2019: $279,087Expenses 2019: $143,782Net Income 2019: $135,3052019Revenue 2020: $26,446Expenses 2020: $18,403Net Income 2020: $8,0432020Revenue 2021: $78,447Expenses 2021: $114,558Net Income 2021: -$36,1112021Revenue 2022: $92,596Expenses 2022: $110,904Net Income 2022: -$18,3082022Revenue 2023: $59,058Expenses 2023: $76,047Net Income 2023: -$16,9892023Revenue 2024: $94,444Expenses 2024: $95,565Net Income 2024: -$1,1212024

Highlighted filing

2024

Revenue$94,444
Expenses$95,565
Net Income-$1,121

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 27, 2026
Return Version
2024v5.0
Gross Receipts
$94,444
Mission and Program Overview

Mission

The foundation was formed to assist haitian immigrants and native bahamians in need, with a focus on helping children receive an education and assisting them in meeting their basic needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,152$18,850▲ $1,698
Investments in Publicly Traded Securities$16,612$11,723▼ $4,889
Total Assets$33,764$30,573▼ $3,191
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,764$30,573▼ $3,191
Total Net Assets Fund Balance$33,764$30,573▼ $3,191
Total Liabilities and Net Assets / Fund Balance$33,764$30,573▼ $3,191
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian C WoodPresident,tr
Dena D WoodSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$94,418
Program Service Revenue
$0
Investment Income
$26
Other Revenue
$0
All Other Contributions
$94,418
Change in Net Assets
$-1,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$95,565
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$6,170--$6,170
Total Functional Expenses$95,565$0$0$95,565
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Austin Serving Abaco Foundation
EIN
47-3274382
Phone
5126326046
Address
1410 ROCKCLIFF RD, AUSTIN, TX 78746

Signing Officer

Name
Brian C Wood
Title
President,treasurer
Phone
5126326046
Signed
2026-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian C Wood
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Us&co Certified Public Accountants Pllc
Address
13215 BEE CAVE PKWY BLDG B-135, AUSTIN, TX 78738
Preparer
Craig G Steadman
Phone
5123289090
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The foundation was formed to assist haitian immigrants and native bahamians in need, with a focus on helping children receive an education and assisting them in meeting their basic needs.

Form 990, Part XI, Line 9

Change in net value of assets -2,070

Raw XML Appendix249 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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IRS990/GoverningBodyVotingMembersCnt02
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IRS990/GrossReceiptsAmt094444
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016612
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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