Association Of Business Administrators Of Christian Coll
- Assets
- $424.7k
- Revenue
- $477.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Hudsonville, MI
- Founding
- 03/1992
- Data as of
- 04/2022
- EIN
- 36-3801509
Organization Overview
Association Of Business Administrators Of Christian Coll, operating under the name Abacc, is located in Hudsonville, MI. The organization was established in 1992. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. As of 04/2022, Abacc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abacc 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 04/2022, Abacc generated $477.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $420.3k during the year ending 04/2022. 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
THE MISSION OF ABACC IS TO IMPROVE THE STANDARD OF BUSINESS MANAGEMENT IN SCHOOLS OF CHRISTIAN HIGHER EDUCATION BY PROVIDING PROFESSIONAL DEVELOPMENT, NETWORKING AND MUTUAL SUPPORT TO THEIR BUSINESS LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ABACC PROVIDES A VARIETY OF LIVE, WEB-BASED AND ON-DEMAND EDUCATIONAL OPPORTUNITIES FOR ITS MEMBERS. 163 INDIVIDUALS ATTENDED THE ANNUAL CONFERENCE WITH HUNDREDS MORE ATTENDING WEB-BASED WEBINARS AND WORKSHOPS. THE ORGANIZATION RECEIVED CONTRIBUTED PROFESSIONAL SERVICES OF $57,686 NOT INCLUDED IN THE ABOVE PROGRAM EXPENSES. SERVICES INCLUDED PRESENTERS AT THE CONFERENCE, REGIONAL WORKSHOPS AND WEBINARS.
ABACC PROVIDES A RESOURCE FORUM BASED ON TOPICS OF INTEREST TO MEMBER INSTITUTIONS. TOOLS AND READING MATERIALS ADDRESS THE VARIETY OF AREAS FOR WHICH A TYPICAL BUSINESS OFFICER IS RESPONSIBLE. BENCHMARKING DATA IS AVAILABLE FOR MEMBERS TO USE IN THEIR DECISION MAKING PROCESSES. ALL 170 INSTITUTIONAL MEMBERS HAVE ACCESS TO DATA IN THE ANNUAL RESEARCH PROJECT.
ABACC OFFERS SEVERAL WAYS FOR BUSINESS OFFICERS TO NETWORK WITH THEIR PEERS INCLUDING LISTSERV, PEER GROUP VISITS AND CONSULTING, REGIONAL GATHERINGS AND MORE. ACCORDING TO MEMBER SURVEYS, NETWORKING IS THE MOST IMPORTANT RESOURCE ABACC OFFERS TO ITS MEMBERS. THE LISTSERV RECEIVES ABOUT 100 POSTS PER MONTH. THE ORGANIZATION RECEIVED CONTRIBUTED PROFESSIONAL SERVICES OF $6,000 TO ADMINISTER THIS SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Hoeker Executive Director | Officer | 40 | $145,427 |
Ashley Green Assistant Treasurer | OfficerTrustee | 5 | $0 |
Jason Abell Secretary | OfficerTrustee | 5 | $0 |
Rick Taphorn Vice President | OfficerTrustee | 5 | $0 |
Jason Todd President | OfficerTrustee | 5 | $0 |
Doug Jones Treasurer | OfficerTrustee | 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 | $13,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,895 |
| Total Program Service Revenue | $453,584 |
| Investment income | $3,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,606 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $477,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,029 |
| Compensation of current officers, directors, key employees. | $27,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,404 |
| Pension plan accruals and contributions | $244 |
| Other employee benefits | $5,271 |
| Payroll taxes | $12,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $990 |
| Fees for services: Accounting | $6,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,881 |
| Fees for services: Other | $64,227 |
| Advertising and promotion | $0 |
| Office expenses | $37,142 |
| Information technology | $7,143 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,460 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,593 |
| All other expenses | $0 |
| Total functional expenses | $420,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250 |
| Savings and temporary cash investments | $90,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,100 |
| 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 | $14,815 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $318,392 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $424,679 |
| Accounts payable and accrued expenses | $7,127 |
| Grants payable | $0 |
| Deferred revenue | $4,245 |
| 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 | $11,372 |
| Net assets without donor restrictions | $413,307 |
| Net assets with donor restrictions | $0 |
| 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 | $424,679 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of Business Administrators Of Christian Coll has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $4,866 |
| Net Contributions | -$4,500 |
| Other Expense | $366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Discipledata Inc Carmel, IN | $613,727 | $3,845,801 |
Mid-America Reformed Seminary Dyer, IN | $9,861,676 | $3,650,498 |
Alongside Inc Richland, MI | $4,643,462 | $1,950,948 |
Undivided Inc Cincinnati, OH | $873,343 | $1,979,797 |
Global Trust Partners Reynoldsburg, OH | $364,268 | $621,417 |
Eternal Vision Inc Watertown, WI | $1,092,050 | $293,805 |
Association Of Business Administrators Of Christian Coll Hudsonville, MI | $424,679 | $477,362 |
Christian Endeavor International Edmore, MI | $0 | $180,057 |
Lightrider Inc Upland, IN | $98,713 | $146,805 |
Collegiate Ministry Group Inc Cincinnati, OH | $143,836 | $0 |
Redeemed Foundation Fremont, MI | $70,312 | $0 |
Nextgen Pastors Inc Waukesha, WI | $49,649 | $0 |