ABAC FOUNDATION INC

ABAC FOUNDATION INC

Atlanta, GA, US
501(c)3
EIN
27-2813796

ABAC FOUNDATION INC

Atlanta, GA, US
501(c)3
EIN
27-2813796

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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ABAC Foundation Inc is a nonprofit organization dedicated to uniting professionals in the radio, television, and broadcast-related fields, focusing on education, ethical standards, and public responsibility within the industry. With an operating budget of $162.9K and total revenue of $148.6K for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at http://www.abac-online.org/.

Mission Statement

ABAC IS A NON-PROFIT ORGANIZATION WHOSE GOALS ARE: TO UNITE RESPONSIBLE PERSONS WHO ARE PROFESSIONALLY ENGAGED IN RADIO, TELEVISION AND OTHER BRODCAST RELATED FIELDS. TO EDUCATE OUR MEMBERS ON CURRENT TOPICS THAT AFFECT BROADCAST MEDIA. TO ENCOURAGE EVER-HIGHER STANDARDS FOR ELECTRONIC ADVERTISING AND FOR THE BROADCAST INDUSTRY IN PERFORMANCE, PUBLIC RESPONSIBILITY AND BUSINESS PRACTICES.
Revenues

$148.6K

Expenses

$168.9K

Net Income:
-$20.3K
Assets

$13.4K

Liabilities

N/A

Net Assets:
N/A
Operating Budget

$162.9K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

3

Median grant size
$10K
Largest grant received
$27.8K
D
Darryn Persaud
Board Member
A
Ally Crabtree
Board Member
A
Ally Postell
Board Member

Frequently Asked Questions

What is ABAC FOUNDATION INC’s budget?
In 2024, ABAC FOUNDATION INC reported an annual operating budget of around $163 thousand. More detailed financial information is available to registered users.
What causes does ABAC FOUNDATION INC support?
ABAC FOUNDATION INC supports work in Business and industry and Scholarships & Financial Aid.
Where does ABAC FOUNDATION INC operate?
ABAC FOUNDATION INC is headquartered in Atlanta, GA.
Who funded ABAC FOUNDATION INC recently?
In 2024, ABAC FOUNDATION INC received grants from SCHOLARSHIP FOUNDATION OF SOUTHWEST GEORGIA INC, WILLIAM JAMES DORMINY FOUNDATION IN, and THE TOM PERRY FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant ABAC FOUNDATION INC received in 2024?
The largest grant to ABAC FOUNDATION INC in 2024 exceeds $28 thousand.
Overview
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