Abit
- Assets
- $0.0
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Coldspring, TX
- Founding
- 01/2020
- Data as of
- 12/2022
- EIN
- 83-4201856
Organization Overview
Abit is located in Coldspring, TX. The organization was established in 2020. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abit 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, Abit generated $2.0k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Corley Vice President | 0.5 | $0 | |
Scott Carter President | 8 | $0 | |
Gretchen Carter Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| 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 | $2,000 |
| 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 | $488 |
| Printing and publications | $0 |
| Other expenses | $420 |
| Total operating and administrative expenses | $1,079 |
| Contributions, gifts, grants paid | $2,471 |
| Total expenses and disbursements | $3,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Abit has awarded $8,418 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS INDIVIDUAL RECIPIENTS PURPOSE: PURCHASE AND DISTRIBUTION OF BIBLES | $1,373 |
VARIOUS INDIVIDUAL RECIPIENTS PURPOSE: PURCHASE AND DISTRIBUTION OF BIBLES | $1,373 |
VARIOUS INDIVIDUAL RECIPIENTS PURPOSE: PURCHASE AND DISTRIBUTION OF BIBLES | $1,373 |
VARIOUS INDIVIDUAL RECIPIENTS PURPOSE: PURCHASE AND DISTRIBUTION OF RELIGIOUS EDUCATIONAL MATERIALS | $1,103 |
VARIOUS INDIVIDUAL RECIPIENTS PURPOSE: PURCHASE AND DISTRIBUTION OF RELIGIOUS EDUCATIONAL MATERIALS | $1,103 |
VARIOUS INDIVIDUAL RECIPIENTS PURPOSE: PURCHASE AND DISTRIBUTION OF RELIGIOUS EDUCATIONAL MATERIALS | $1,103 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
Modern Day Missions Arlington, TX | $2,308,348 | $8,222,545 |
Global Media Outreach Plano, TX | $2,988,957 | $8,027,207 |
House Of Prayer And Life Incorporated Houston, TX | $2,486,433 | $7,989,653 |
Camp Allen-Camp And Conference Center Navasota, TX | $17,153,236 | $7,942,711 |
West Houston Assistance Ministries Inc Houston, TX | $3,828,529 | $8,204,113 |
Center For Christian Growth Inc New Braunfels, TX | $17,780,504 | $10,473,617 |
Carolina Creek Christian Camp Huntsville, TX | $14,287,598 | $6,641,760 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
New Life Ranch Inc Colcord, OK | $22,344,755 | $6,024,517 |