Abraham Foundation
- Assets
- $7.3k
- Revenue
- $48.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Center, IA
- Founding
- 09/2006
- Data as of
- 06/2024
- EIN
- 68-0597256
Organization Overview
Abraham Foundation is located in Sioux Center, IA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abraham Foundation 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 06/2024, Abraham Foundation generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $50.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Abraham Foundation has awarded 76 individual grants totaling $1,108,757. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk Hulstein Director | 0 | $0 | |
Julie Hulstein Director | 0 | $0 | |
Kelly Hulstein Director | 0 | $0 | |
Sheryl Hulstein Director | 0 | $0 | |
Kraig Hulstein Director | 0 | $0 | |
Cheryl Hulstein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,624 |
| Interest on Savings | $16 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $1,520 |
| Contributions, gifts, grants paid | $49,291 |
| Total expenses and disbursements | $50,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,282 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Abraham Foundation has awarded $49,291 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ATLAS GROUP PURPOSE: MINISTRY OUTREACH CENTER | $5,000 |
EQUIPPING MINISTRIES INTERNATIONAL PURPOSE: EQUIPPING FOR LIFE CHANGING MINISTRY | $18,949 |
KATELYN'S FUND PURPOSE: CARING FOR ORPHANS | $2,592 |
MANY HANDS FOR HAITI PURPOSE: MINISTRY OUTREACH CENTER | $15,000 |
SMILE TRAIN PURPOSE: CARING FOR CHILDREN | $250 |
GUIDING STAR SIOUXLAND PURPOSE: WOMEN'S HEALTH CLINIC | $5,000 |