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Abiclinic Corporation

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

EIN: 465052902 ✦ Lynn, MA ✦ Designated as a 501(c)(3)

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Overview

What is Abiclinic Corporation?

Abiclinic Corporation is a nonprofit organization situated in Lynn, Massachusetts, with a strong focus on providing assistance to the elderly, as well as offering necessary support to underprivileged individuals and organizations in both the United States and Nigeria. Their mission encompasses the provision of elderly care, healthcare services, financial aid, and various other forms of assistance to those in need. The organization operates with a broad reach, demonstrating its commitment to making a positive impact in two distinct yet interconnected communities.


Official website here: www.abiclinics.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

Abiclinic Corporation has achieved a remarkable 97% score, earning it a prestigious Four-Star rating from Charity Navigator. This high rating reflects the organization's exceptional performance in accountability and finance, with 100% of its score derived from this beacon. The organization demonstrates strong governance through a fully independent board, a clean record regarding asset diversion, and comprehensive policies in place to ensure ethical practices.

The nonprofit's financial health is exemplary, evidenced by a 0.00% liabilities to assets ratio, indicating that it has no significant debts. Additionally, the program expense ratio is an impressive 100.00%, showcasing that all of its resources are directed towards its mission. This strong financial management underscores Abiclinic Corporation's commitment to transparency and efficiency in its operations.

While the data highlights significant strengths, there are no noted limitations in the feedback provided. Overall, Abiclinic Corporation stands out as a responsible and well-managed organization, emphasizing accountability and financial integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Abiclinic Corporation legitimate?

Abiclinic Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abiclinic Corporation 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.abiclinics.org

What is the mission statement of Abiclinic Corporation?

Abiclinic Corporation is committed to providing exclusive support to the needy and organizations, encompassing elderly care, healthcare, and financial aid, both in the United States and Nigeria. Their mission revolves around extending aid to those in need, ensuring they receive essential services and resources. The corporation operates with a goal to make a significant impact in the lives of the less fortunate, contributing to their well-being and improving their overall quality of life.


Official website here: www.abiclinics.org

Who is the CEO of Abiclinic Corporation?

Abdulgafar A Abikan is the President of Abiclinic Corporation.


Official website here: www.abiclinics.org

What is the revenue of Abiclinic Corporation?

Abiclinic Corporation's revenue in 2023 was $58,250.


Official website here: www.abiclinics.org

Who are the executives of Abiclinic Corporation and what are their salaries?


There is 1 key member and their salary:


Abdulgafar Abikan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.abiclinics.org

Where can I find the form 990 for Abiclinic Corporation?

Abiclinic Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.abiclinics.org

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

Mission Statement of Abiclinic Corporation

Abiclinic Corporation, a distinguished organization, is dedicated to providing exclusive support to the needy, particularly the elderly, in both the United States and Nigeria. Their mission encompasses three main areas: elderly care, healthcare, and financial assistance. This support is not limited to individuals but extends to organizations as well. Abiclinic Corporation strives to make a significant impact in the lives of those in need, ensuring they have access to essential services and resources.

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Impact




August, 2024

Abiclinic Corporation's impact lies in its exclusive provision of elderly care, healthcare, financial support, and other types of assistance to the needy and organizations in the U.S. and Nigeria. By focusing on these areas, the organization plays a crucial role in improving the well-being and quality of life for vulnerable populations in both countries. The services provided by Abiclinic Corporation directly address critical needs in the healthcare and financial support sectors, making a tangible difference in the lives of those who rely on their assistance. Additionally, by operating in both the U.S. and Nigeria, Abiclinic Corporation is able to extend its impact across borders, reaching a diverse range of individuals and communities in need.




This information is meant to be a general summary of Abiclinic Corporation. 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
$58,250 (2023)
Expenses
$56,250 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $58,250

Assets and Liabilities:

  • Total Assets: $10,692
  • Total Liabilities: $0
  • Net Assets: $10,692

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Organization Details

Founding Year

2013

Principal Officer

Abdulgafar A Abikan

Main Address

8 RAND ST, LYNN, MA, 01904

NTEE Category

Code: E60 - Health

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