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Florida · Nonprofit

ABACO FOUNDATION

ABACO FOUNDATION (Florida) receives grants from 12 organizations whose IRS filings report $692,500 to it, the largest being COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES INC ($295,000). 3 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2023
$23k
Funders on record
12
Grants received
$693k
Net assets
$3k
3/12 repeat funderspeak grant-dependency 67%
01What it does

What Abaco Foundation does

Mission

The organization's mission is to provide community development services for charitable purposes of disaster relief, reconstruction and general improvement in the abaco islands, bahamas.

As stated on its FY2023 Form 990.

Program

  1. Removing debris and clearance of blight, debris and rubbish across the island of elbow cay, completing the rebuild and fit out of the burial society building and various other activities including, but not limited to, support for recovering businesses, landscaping and planting.

    $104,410 spentof which $11,360 as grants$23,300 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $104,410.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($407k) Expenses 100 ($27k) Net assets 100 ($380k)2020 Revenue 243 ($989k) Expenses 4208 ($1.1M) Net assets 63 ($239k)2021 Revenue 78 ($316k) Expenses 1169 ($314k) Net assets 63 ($241k)2022 Revenue 20 ($83k) Expenses 871 ($234k) Net assets 23 ($89k)2023 Revenue 6 ($23k) Expenses 406 ($109k) Net assets 1 ($3k)
20192020202120222023
Revenue (6)Expenses (406)Net assets (1)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $241k to $89k (−63%).

$380k
$239k
$241k
$89k
$3k
20192020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

100% of ABACO FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (86% for the typical peer).

This organization
Typical peer · 3,797 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$380k
’19
−$142k
’20
$2k
’21
−$151k
’22
−$86k
’23
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20192020202120222023
Listed76756
Joined·+1+2+0+4
No longer listed·2123
03Who funds it

Who funds it, year by year

2020 → 2022: the base narrowed from 9 funders to 3 funders, grant income fell $523k → $55k.

6 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ABACO FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ABACO FOUNDATION leans on a few funders — its largest provides 43% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ABACO FOUNDATION.

43%
largest funder
66%
top three
~4
effective funders

Largest funder’s share by year: 2020 56% · 2021 43% · 2022 45% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

64% of ABACO FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $248k that is directly attributable, 93% of it comes from funders outside Florida, across 5 states.

MI
CA
MD
DE
FL

In-state vs out-of-state, by year

’20
’21
’22
Florida out of state home

Funder states come from each funder’s own filing. $445k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ABACO FOUNDATION's revenue fell 94% between 2019 and 2023.

Operating margin−367% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)−51% · bottom quartile

this organization peer median middle 50% of peers· 3,153 public safety & disaster nonprofits under $100k, FY2023

Organizations like ABACO FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

5
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for ABACO FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ABACO FOUNDATION?
ABACO FOUNDATION (Florida) receives grants from 12 organizations whose IRS filings report $692,500 to it, the largest being COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES INC ($295,000). 3 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ABACO FOUNDATION have?
IRS filings report 12 organizations giving $692,500 in grants to ABACO FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of ABACO FOUNDATION?
COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES INC is the largest funder on record, with $295,000 in grants. The full list of funders is on this page.
How can an organization like ABACO FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Abaco →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2019–2023), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing