Abba Fund Inc

Organization Overview

Abba Fund Inc is located in Plano, TX. The organization was established in 2004. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Abba Fund Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abba Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Abba Fund Inc generated $695.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $473.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE ADOPTION ASSISTANCE FOR FAMILIES AND HELP FOR ORPHANS TO BE CARED FOR IN LOVING, NURTURING CHRISTIAN FAMILY ENVIRONMENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO HELP COUPLES OVERCOME THE FINANCIAL HURDLE AND THE CASH FLOW CRUNCH OF ADOPTION, WE PROVIDE INTEREST-FREE LOANS AND GRANTS. WE ALSO PROVIDE ADMINISTRATION AND AN APPROVAL PROCESS FOR CHURCHES SO THAT THEY CAN BE THE ONE TO HELP THEIR FAMILIES ADOPTING THROUGH 0% LOANS AND GRANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dwain Gullion
Director
$43,200
Eugene Allison
Chairman
$0
A J Molnar
Secretarytreasurer
$0
Daniel Labry
Director
$0
Scott Henry
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$476,182
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$476,182
Total Program Service Revenue$3,664
Investment income $63,993
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $695,056

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Abba Fund Inc has recieved totaling $86,263.

Awarding OrganizationAmount
Mckenna Foundation

New Braunfels, TX

PURPOSE: MENTORING PROGRAM

$45,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: SUPPORT

$33,100
Generous Life Foundation

Dallas, TX

PURPOSE: CHARITABLE PURPOSES

$5,038
Don And Anne Stager Foundation

Austin, TX

PURPOSE: INTERNATIONAL ADOPTION AND ORPHAN PROGRAMS

$3,125
View Grant Recipient Profile

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