Aabc Foundation Inc
- Assets
- $2.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Perkiomenville, PA
- Founding
- 01/1995
- Data as of
- 12/2022
- EIN
- 23-2778441
Organization Overview
Aabc Foundation Inc is located in Perkiomenville, PA. The organization was established in 1995. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aabc Foundation 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 12/2022, Aabc Foundation Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 41.8% each year . All expenses for the organization totaled $366.8k during the year ending 12/2022. While expenses have increased by 17.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE AND INVEST FUNDS TO SUPPORT ADVANCEMENT OF THE BIRTH CENTER MODEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH GRANTS - THE AABC FOUNDATION SUPPORTS THE IDENTIFICATION AND VALIDATION OF COMPONENTS OF THE BIRTH CENTER MODEL THROUGH ONGOING QUANTITATIVE AND QUALITATIVE RESEARCH. AABCF AWARDS GRANTS TO SUPPORT RESEARCH PROJECTS ON ISSUES RELATED TO THE BIRTH CENTER MODEL OF CARE. IN 2022, THE AABC FOUNDATION AWARDED 6 RESEARCH GRANTS. ACCREDITATION SUPPORT GRANTS - THE AABC FOUNDATION SUPPORTS CABC ACCREDITATION AS THE STANDARD FOR BIRTH CENTER EXCELLENCE AND AWARDS GRANTS TO ASSIST BIRTH CENTERS WITH ACCREDITATION FEES DUE TO THE COMMISSION FOR THE ACCREDITATION OF BIRTH CENTERS. IN 2022, 8 ACCREDITATION SUPPORT GRANTS WERE AWARDED.SEE CONTINUATION ON SCHEDULE O. MEMBERSHIP SUPPORT GRANTS - THE AABC FOUNDATION SEEKS TO ASSURE THE CONTINUED DEVELOPMENT, EXPANSION AND STABILITY OF THE BIRTH CENTER MODEL AND AWARDS GRANTS TO BIRTH CENTERS TO ASSIST WITH MEMBERSHIP DUES TO THE AMERICAN ASSOCIATION OF BIRTH CENTERS. THE AABC FOUNDATION AWARDED 7 MEMBERSHIP SUPPORT GRANTS IN 2022.SCHOLARSHIPS - THE AABC FOUNDATION ALSO AWARDS SCHOLARSHIPS TO INDIVIDUALS TO ATTEND THE AABC HOW TO START A BIRTH CENTER WORKSHOPS AND THE AABC BIRTH INSTITUTE. IN 2022, 19 SCHOLARSHIPS WERE AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brianna Bennett President, Int Treasurer As Of Oct | OfficerTrustee | 1.25 | $0 |
Ann Geisler Past President | OfficerTrustee | 0.75 | $0 |
Abbie Synan Secretary | OfficerTrustee | 0.6 | $0 |
Dominic Morgese Treasurer Thru August | OfficerTrustee | 0.5 | $0 |
Pam Bartlett Trustee | Trustee | 0.5 | $0 |
Adrian Feldhusen Trustee | Trustee | 0.5 | $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 | $1,631,485 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,631,485 |
| Total Program Service Revenue | $0 |
| Investment income | $29,173 |
| 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 | $1,660,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $226,003 |
| Grants and other assistance to domestic individuals. | $17,140 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $62,614 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,158 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $4,935 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $366,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $182,429 |
| Pledges and grants receivable | $1,402,500 |
| Accounts receivable, net | $6,864 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $705 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $515,839 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,108,337 |
| Accounts payable and accrued expenses | $28,261 |
| Grants payable | $19,147 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $47,408 |
| Net assets without donor restrictions | $221,122 |
| Net assets with donor restrictions | $1,839,807 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,108,337 |
Grants Awarded
Over the last fiscal year, Aabc Foundation Inc has awarded $174,070 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION OF BIRTH CENTERS INC PURPOSE: YELLOW CHAIR FOUNDATION, RESEARCH, SPONSORSHIP, PROGRAM AND MEMBERSHIP GRANTS | $157,570 |
COMMISSION FOR THE ACCREDITATION OF BIRTH CENTERS PURPOSE: ACCREDITATION GRANTS | $11,500 |
UNIVERSITY OF PITTSBURGH PURPOSE: RESEARCH GRANT - EVALUATION FOR SAFE PREVENTION OF THE PRIMARY CESAREAN DELIVERY IN BIRTH CENTERS | $5,000 |