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Americans For A Balanced Budget Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464576284 ✦ Raleigh, NC ✦ Designated as a 501(c)(4)

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Overview

What is Americans For A Balanced Budget Inc?

Americans for a Balanced Budget Inc, originally established in the 1980s and 1990s, was reestablished in 2009 due to the excessive spending habits of politicians in Washington D.C. The organization, based in Raleigh, North Carolina, serves as a voice for taxpayers who believe the U.S. needs to manage its finances more responsibly to ensure its survival and prosperity. With a growing national debt exceeding 30 trillion dollars, Americans for a Balanced Budget Inc focuses on advocating for a balanced budget amendment, a modernized tax code, and other sensible policies aimed at improving the fiscal health of the nation. The organization conducts issue advocacy campaigns, conducts public opinion research, and provides grants to organizations that align with its mission.


Official website here: www.abbonline.org

Is Americans For A Balanced Budget Inc legitimate?

Americans For A Balanced Budget Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Americans For A Balanced Budget 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: $0

For more financial information, click here


Official website here: www.abbonline.org

What is the mission statement of Americans For A Balanced Budget Inc?

Americans for a Balanced Budget Inc., originally established in the 1980s and 1990s, was revitalized in 2009 due to the alarming fiscal policies of excessive spending politicians in Washington D.C. With the national debt surpassing 30 trillion dollars, the organization recognized this colossal debt as a significant threat to the nation's security in the 21st century. Americans for a Balanced Budget serves as a voice for taxpayers who believe in controlling the United States' spending to ensure its survival and prosperity. The organization is an effective advocacy group, working towards achieving a balanced budget amendment, modernizing the tax code, and implementing other commonsense policy objectives to help America restore fiscal order.


Official website here: www.abbonline.org

Who is the CEO of Americans For A Balanced Budget Inc?

Douglas F Stewart Iii is the Chairman of Americans For A Balanced Budget Inc.


Official website here: www.abbonline.org

What is the revenue of Americans For A Balanced Budget Inc?

Americans For A Balanced Budget Inc's revenue in 2022 was $2,384,990.


Official website here: www.abbonline.org

Who are the executives of Americans For A Balanced Budget Inc and what are their salaries?


Here are 4 key members and their salaries:


Hon Thomas Cowart Goolsby Jr Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Adam Heflin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Lee Currie Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas F Stewart Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abbonline.org

Where can I find the form 990 for Americans For A Balanced Budget Inc?

Americans For A Balanced Budget Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.abbonline.org

Learn more at the official website: www.abbonline.org

Mission Statement of Americans For A Balanced Budget Inc

Americans for a Balanced Budget Inc., originally active in the 1980s and 1990s, was reestablished in 2009 as a response to the excessive spending and irresponsible fiscal policies of politicians in Washington D.C. The national debt soaring past 30 trillion dollars led millions of Americans to view this colossal debt as the greatest national security risk in the 21st century. Recognizing this urgency, Americans for a Balanced Budget Inc. emerged as a powerful advocate for American taxpayers who believe in the necessity of controlling the country's spending to ensure its survival and prosperity. The organization has been instrumental in advocating for a Balanced Budget Amendment, a modernized tax code, and other sensible policy objectives that aim to help America regain control over its finances. By providing a voice for those who prioritize fiscal responsibility, Americans for a Balanced Budget Inc. works diligently towards securing a financially stable future for the United States.

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Impact




October, 2024

Americans For A Balanced Budget Inc raises awareness about the dangers of unchecked government spending and the escalating national debt, which has surpassed $30 trillion. By advocating for responsible fiscal policies, the organization provides a platform for taxpayers who are concerned about the long-term economic stability of the United States.

Since its re-founding in 2009, ABB has actively challenged policies it views as detrimental to fiscal stability, such as its campaign against the Inflation Reduction Act. Their strategy involves conducting public opinion research, disseminating information on fiscal issues, and partnering with like-minded organizations to amplify their message.

By pushing for a balanced budget amendment and a modernized tax code, Americans For A Balanced Budget Inc aims to instill a culture of fiscal responsibility among lawmakers, highlighting the belief that controlling government spending is essential for the country's survival and prosperity. Their efforts resonate with many who perceive the national debt as a significant national security risk in the 21st century.




This information is meant to be a general summary of Americans For A Balanced Budget 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.

Revenue
$2,384,990 (2022)
Expenses
$1,965,647 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $2,384,990

Assets and Liabilities:

  • Total Assets: $256,305
  • Total Liabilities: $0
  • Net Assets: $256,305

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Organization Details

Founding Year

2014

Principal Officer

Douglas F Stewart Iii

Main Address

PO BOX 28091, RALEIGH, NC, 27611

NTEE Category

Code: R05 - Civil rights

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