THE ABAC ADVANCEMENT FOUNDATION INC (EIN 800372940) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

DR JERRY BAKER

Phone

2293914782

Tax Period

2023-07-01 to 2024-06-30

THE ABAC ADVANCEMENT FOUNDATION INC, founded in 2009, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $446K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

THE MISSION OF THE ABAC ADVANCEMENT FOUNDATION IS TO ASSIST, SUPPORT, AND FURTHER THE RESEARCH, SERVICE AND EDUCATIONAL MISSIONS OF ABRAHAM BALDWIN AGRICULTURAL COLLEGE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $446,481

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $446,481

Expense Breakdown

Grants Paid $475,821

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $475,821

Other Expenses $904

TOTAL EXPENSES $476,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$446,481	$553,049	-0.2%
Expenses	$476,725	$548,180	-0.1%
Net Income	$-30,244	$4,869	-7.2%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JERRY BAKER	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
DR TRACY BRUNDAGE	DIRECTOR	N/A	Director	$0	$0	$0
MR RYAN HOGAN	DIRECTOR	N/A	Director	$0	$0	$0
MS DEIDRA JACKSON	FINANCIAL VP	N/A	Officer Director	$0	$0	$0
DR RICHARD TONY MATTHEWS	SECRETARY	N/A	Officer Director	$0	$0	$0
DR AMY P WILLIS	DIRECTOR	N/A	Director	$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
2025	No data	No data	No data	No data
2024	$446,481	$476,725	$23,920	$-30,244
2023	$553,049	$548,180	$54,164	$4,869
2022	$385,690	$431,789	$49,295	$-46,099
2021	$430,769	$403,362	$104,650	$27,407
2020	$431,460	$408,562	$67,987	$22,898
2019	$491,311	$458,080	$45,089	$33,231

THE ABAC ADVANCEMENT FOUNDATION INC