Abc Cares Foundation Inc is located in Coconut Creek, FL. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abc Cares 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 12/2021, Abc Cares Foundation Inc generated $169.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $80.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION DISTRIBUTES ACADEMIC ACHIEVEMENT AWARDS TO QUALIFIED STUDENTS PURSUING EDUCATION IN THE CONSTRUCTION INDUSTRY AND PROVIDES IMMEDIATE FINANCIAL SUPPORT TO INJURED INDUSTRY PROFESSIONALS AND/OR THEIR FAMILIES IN A TIME OF NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gene Herman Trustee | 1 | $0 | |
Rex Kirby Trustee | 1 | $0 | |
Harold Yarborough Trustee | 1 | $0 | |
Peter M Dyga President | 1 | $0 | |
James Mcconchie Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $166,236 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,494 |
Gain or Loss | $210 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $169,940 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,362 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $80,822 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $434,607 |
Other assets | $0 |
Total assets | $438,107 |
Total liabilities | $0 |
Net assets or fund balances | $438,107 |
Over the last fiscal year, we have identified 3 grants that Abc Cares Foundation Inc has recieved totaling $29,056.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,000 |
Amerisure Charitable Foundation Inc Farmington Hills, MI PURPOSE: GENERAL SUPPORT | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $56 |
Organization Name | Assets | Revenue |
---|---|---|
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |
Uab Research Foundation Birmingham, AL | $14,400,184 | $5,771,462 |
Eminent Scholars Foundation Huntsville, AL | $0 | $754,182 |
Arete Scholars Fund Dacula, GA | $8,445,771 | $4,355,145 |
The Fund For Theological Education Inc Decatur, GA | $34,735,752 | $8,780,727 |
Gwinnett County Public Schools Foundation Fund Inc Suwanee, GA | $3,101,670 | $4,575,972 |
Florida Education Fund Inc Tampa, FL | $23,479,749 | $5,657,591 |