Abbas Pride
EIN: 463553733 · Virginia Bch, VA · NTEE: X21
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $142K |
| Net Assets | $71K |
Is Abbas Pride Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abbas Pride
Abbas Pride (EIN: 463553733) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code X21. The organization reported total revenue of $181K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abbas Pride's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abbas Pride is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $142K |
| Surplus / Deficit | $-249 |
| Total Assets | $86K |
| Total Liabilities | $15K |
| Net Assets | $71K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 17.9% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2022, Abbas Pride reported a deficit of $249 with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.9% (very low leverage).
Financial Trends
Over 8 years of filings (2015–2022), Abbas Pride's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +6.1% | +4.5% | +9.0% |
| 2021 | -7.9% | -6.4% | +44.9% |
| 2020 | +27.9% | +27.4% | +1.8% |
| 2019 | -19.9% | -23.2% | +25.7% |
| 2018 | -17.6% | -34.5% | -28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abbas Pride has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abbas Pride with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $249, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.9%.
Frequently Asked Questions about Abbas Pride
Is Abbas Pride a legitimate charity?
Abbas Pride (EIN: 463553733) is a registered tax-exempt nonprofit based in Virginia. It has 8 years of IRS 990 filings on record. Total revenue: $181K. No red flags identified. Financial health grade: B.
How does Abbas Pride spend its money?
Abbas Pride reported $181K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Abbas Pride tax-deductible?
Abbas Pride is registered as a tax-exempt nonprofit (EIN: 463553733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abbas Pride located?
Abbas Pride is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 463553733. It is classified under NTEE code X21.
How many years of IRS 990 filings does Abbas Pride have?
Abbas Pride has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $181K in total revenue.
Filing History
IRS 990 filing history for Abbas Pride showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), Abbas Pride's revenue has declined by 14.9%, moving from $166K to $141K. Total assets increased by 19.5% over the same period, from $72K to $86K. Total functional expenses fell by 14.7%, from $166K to $142K. In its most recent filing year (2022), Abbas Pride reported a deficit of $249, with expenses exceeding revenue. The organization holds $15K in liabilities against $86K in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $71K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $141K | $142K | $86K | $15K | — | View 990 |
| 2021 | $133K | $135K | $79K | $0 | — | View 990 |
| 2020 | $145K | $145K | $55K | $0 | — | — |
| 2019 | $113K | $114K | $54K | $0 | — | — |
| 2018 | $141K | $148K | $43K | $0 | — | — |
| 2017 | $171K | $226K | $60K | $8K | — | View 990 |
| 2016 | $214K | $180K | $106K | $0 | — | — |
| 2015 | $166K | $166K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $141K, expenses of $142K, and assets of $86K (revenue +6.1% year-over-year).
- 2021: Revenue of $133K, expenses of $135K, and assets of $79K (revenue -7.9% year-over-year).
- 2020: Revenue of $145K, expenses of $145K, and assets of $55K (revenue +27.9% year-over-year).
- 2019: Revenue of $113K, expenses of $114K, and assets of $54K (revenue -19.9% year-over-year).
- 2018: Revenue of $141K, expenses of $148K, and assets of $43K (revenue -17.6% year-over-year).
- 2017: Revenue of $171K, expenses of $226K, and assets of $60K (revenue -19.8% year-over-year).
- 2016: Revenue of $214K, expenses of $180K, and assets of $106K (revenue +28.7% year-over-year).
- 2015: Revenue of $166K, expenses of $166K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abbas Pride:
Data Sources and Methodology
This transparency report for Abbas Pride is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.