ABICLINIC CORPORATION

EIN: 465052902 501(c)(3) Health Care

LYNN, MA

Total Revenue
$85,750
Total Expenses
$82,000
Total Assets
$14,442
Net Assets
$14,442
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MA
Principal Officer
ABDULGAFAR A ABIKAN
Phone
8572121797
Tax Period
2023-02-01 to 2024-01-31

ABICLINIC CORPORATION, founded in 2013, is a micro nonprofit in the Health Care sector that reported $86K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $82K left a modest 4% surplus.

Mission

THE EXCLUSIVE PROVISION OF ELDERLY CARE, HEALTHCARE, FINANCIAL AND OTHER SUPPORT TO THE NEEDY AND ORGANIZATIONS IN THE U.S. & NIGERIA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $85,750
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $85,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $82,000
Other Expenses $82,000
TOTAL EXPENSES $82,000

Year-over-Year Comparison

2023 2022 Change
Revenue $85,750 $58,250 +0.5%
Expenses $82,000 $56,250 +0.5%
Net Income $3,750 $2,000 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABDULGAFAR ABIKAN PRESIDENT 168
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
2026 No data No data No data No data
2025 No data No data No data No data
2024 $85,750 $82,000 $14,442 $3,750
2023 $58,250 $56,250 $10,692 $2,000
2022 $56,000 $54,500 $8,692 $1,500
2021 $48,750 $48,250 $7,192 $500
2020 $40,625 $39,100 $6,692 $1,525
2019 $34,500 $34,000 $5,167 $500
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ABICLINIC CORPORATION with other nonprofits in Massachusetts and across the country.