ABBA CORPORATION

EIN: 411694262 501(c)(3) Religion

ELK RIVER, MN

Total Revenue
$338,202
Total Expenses
$450,258
Total Assets
$311,251
Net Assets
$306,394
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MN
Principal Officer
JOAN PARSAKALLEH
Phone
7633639820
Tax Period
2024-01-01 to 2024-12-31

ABBA CORPORATION, founded in 1991, is a small nonprofit in the Religion sector that reported $338K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $450K exceeded revenue, resulting in a 33% operating deficit.

Mission

WE EXIST TO SUPPORT THE VALUE AND DIGNITY OF HUMAN LIFE WITH A HOLISTIC APPROACH TO REPRODUCTIVE HEALTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $153,302
Program Service Revenue $0
Investment Income $511
Other Revenue $184,389
TOTAL REVENUE $338,202

Expense Breakdown

Grants Paid $16,739
Salaries & Benefits $288,530
Fundraising Expenses $0
Program Expenses $408,236
Other Expenses $144,989
TOTAL EXPENSES $450,258

Year-over-Year Comparison

2024 2023 Change
Revenue $338,202 $362,482 -0.1%
Expenses $450,258 $363,524 +0.2%
Net Income $-112,056 $-1,042 +106.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
10
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LADONNA AHRENS BOARD TREASU 4.00
Officer
$0 $0 $0
BECKY SVEA VICE CHAIR 4.00
Officer
$0 $0 $0
CRAIGE PRANGE BOARD CHAIR 4.00
Officer
$0 $0 $0
BRIDGET HALLORAN SECRETARY 4.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $338,202 $450,258 $311,251 $-112,056
2023 $362,482 $363,524 $421,817 $-1,042
2022 $326,261 $360,712 $423,179 $-34,451
2021 $326,322 $361,443 $457,421 $-35,121
2020 $554,358 $249,567 $492,048 $304,791
2019 $231,299 $205,159 $267,202 $26,140
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