New Jersey · Nonprofit
ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION
ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION (New Jersey) receives grants from 2 organizations whose IRS filings report $26,000 to it, the largest being NATIONAL FENCING FOUNDATION OF WASHINGTON DC INC ($25,000). 0 of them have funded it in more than one year.
- Revenue FY2024
- $128k
- Funders on record
- 2
- Grants received
- $26k
- Net assets
- $78k
What Absolute Development and Exchange Foundation does
Mission
This foundation is promoting sport of fencing
As stated on its FY2024 Form 990-EZ.
Program
By supporting and developing u.s. Fencing athletes, coaches, referees, andthe sport overall to ensure the resources necessary are made available toparticipate fully in the fencing movement both in the usa and abroad.
$127,853 spentof which $127,853 as grants100% of program spending
The program described on its FY2024 Form 990-EZ. Program spending in total: $127,853.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $39k to $78k (+100%).
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.
100% of ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
Leadership and staff
Board chair
Gary Lu
Chairman
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of ABSOLUTE DEVELOPMENT AND EXCHANGE 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
ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
96% 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 ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION.
“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
ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION draws 96% of its grant income from funders outside New Jersey, across 2 states in all.
Funder states come from each funder’s own filing. 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.
Against its field
ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION runs a healthier operating margin than three-quarters of the 21,616 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like ABSOLUTE DEVELOPMENT AND EXCHANGE 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 New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for ABSOLUTE DEVELOPMENT AND EXCHANGE 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.
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 ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION?
- ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION (New Jersey) receives grants from 2 organizations whose IRS filings report $26,000 to it, the largest being NATIONAL FENCING FOUNDATION OF WASHINGTON DC INC ($25,000). 0 of them have funded it in more than one year.
- How many funders does ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION have?
- IRS filings report 2 organizations giving $26,000 in grants to ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION.
- Who is the largest funder of ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION?
- NATIONAL FENCING FOUNDATION OF WASHINGTON DC INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
- How can an organization like ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 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