Overview
What is The Abba Fund Inc?
The Abba Fund Inc, based in Plano, Texas, is a dedicated nonprofit organization that offers financial assistance to couples seeking adoption. By providing interest-free loans and grants, they help families overcome the financial challenges associated with adoption. The organization also offers an approval process for churches, enabling them to extend their support to their adopting families through 0% loans and grants. Their mission is deeply rooted in a desire to provide loving, nurturing Christian family environments for orphans, thereby ensuring their well-being. With a team of 10 individuals, The Abba Fund Inc continues its efforts to make the adoption process more accessible and affordable for families in need.
Official website here: www.abbafund.org
Is The Abba Fund Inc legitimate?
The Abba Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Abba Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,523
For more financial information, click here
Official website here: www.abbafund.org
What is the mission statement of The Abba Fund Inc?
The Abba Fund Inc's mission is centered around providing assistance for families seeking adoption and ensuring a loving, nurturing Christian home environment for orphans. They accomplish this by offering interest-free loans and grants to help couples overcome the financial challenges associated with adoption. Furthermore, the organization provides an administrative and approval process for churches, enabling them to assist their families in adopting through 0% loans and grants.
Official website here: www.abbafund.org
Who is the CEO of The Abba Fund Inc?
Unavailable
Official website here: www.abbafund.org
What is the revenue of The Abba Fund Inc?
The Abba Fund Inc's revenue in 2022 was $406,829.
Official website here: www.abbafund.org
Who are the executives of The Abba Fund Inc and what are their salaries?
The average compensation at The Abba Fund Inc during 2022 was $14,452. There are 10 employees at The Abba Fund Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Official website here: www.abbafund.org
Where can I find the form 990 for The Abba Fund Inc?
The Abba Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abbafund.org
Learn more at the official website: www.abbafund.org
Mission Statement of The Abba Fund Inc
The Abba Fund Inc is committed to providing assistance for families seeking adoption and ensuring that orphans are cared for in loving, nurturing Christian family environments. Their mission is to help overcome the financial hurdles and cash flow crunches that many families face during the adoption process. They achieve this by offering interest-free loans and grants to eligible couples. Additionally, The Abba Fund Inc provides an administration and approval process for churches, enabling them to extend their support to their families pursuing adoption through 0% loans and grants.
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Impact
October, 2024
The Abba Fund Inc plays a vital role in transforming the lives of families and orphans by providing crucial adoption assistance. By addressing the financial hurdles associated with adoption, the organization enables couples to navigate the challenges of securing resources needed to welcome a child into their home. This support comes in the form of interest-free loans and grants, which significantly lessen the burden of upfront costs.
Moreover, The Abba Fund collaborates with churches to create a community-driven approach, allowing congregations to actively participate in the adoption process. Through an efficient administration and approval process, churches can offer their own families additional support in the form of 0% loans and grants, fostering a nurturing environment for those seeking to adopt.
Overall, The Abba Fund’s impact extends beyond financial assistance; it cultivates loving, Christian family environments for orphans, ensuring they are cared for in nurturing homes. In doing so, it bridges the gap between the desire to adopt and the resources necessary to fulfill that dream, ultimately contributing to a larger movement of compassion and support within the community.
This information is meant to be a general summary of The Abba Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43,748
- Program Service Revenue: $4,013
- Gross Receipts: $406,829
Assets and Liabilities:
- Total Assets: $3,076,391
- Total Liabilities: $205,194
- Net Assets: $2,871,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM
Revenue
$4,013
Organization Details
Founding Year
2004
Main Address
PO BOX 868049, PLANO, TX, 750868049
Website
www.abbafund.orgNTEE Category
Code: P31 - Human services
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