Abbas Tables Incorporated
EIN: 473280919 · Ada, OK · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $162K |
| Net Assets | $267K |
Is Abbas Tables Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Abbas Tables Incorporated
Abbas Tables Incorporated (EIN: 473280919) is a nonprofit organization based in Ada, OK, classified under NTEE code K30. The organization reported total revenue of $160K and total assets of $394K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abbas Tables Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abbas Tables Incorporated is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 39.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $162K |
| Surplus / Deficit | +$61K |
| Total Assets | $381K |
| Total Liabilities | $114K |
| Net Assets | $267K |
| Operating Margin | 27.2% |
| Debt-to-Asset Ratio | 29.9% |
| Months of Reserves | 28.2 months |
Financial Health Grade: A
In 2023, Abbas Tables Incorporated reported a surplus of $61K with revenue exceeding expenses, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.9% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Abbas Tables Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.2% | +14.7% | +16.9% |
| 2022 | +7.2% | +28.4% | +1.5% |
| 2021 | -6.3% | +34.7% | +8.8% |
| 2020 | +155.3% | +33.3% | +27.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Abbas Tables Incorporated 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 Tables Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.9%.
Frequently Asked Questions about Abbas Tables Incorporated
Is Abbas Tables Incorporated a legitimate charity?
Abbas Tables Incorporated (EIN: 473280919) is a registered tax-exempt nonprofit based in Oklahoma. It has 5 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: A.
How does Abbas Tables Incorporated spend its money?
Abbas Tables Incorporated reported $160K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Abbas Tables Incorporated tax-deductible?
Abbas Tables Incorporated is registered as a tax-exempt nonprofit (EIN: 473280919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Abbas Tables Incorporated located?
Abbas Tables Incorporated is headquartered in Ada, Oklahoma and files with the IRS under EIN 473280919. It is classified under NTEE code K30.
How many years of IRS 990 filings does Abbas Tables Incorporated have?
Abbas Tables Incorporated has 5 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 $160K in total revenue.
Filing History
IRS 990 filing history for Abbas Tables Incorporated showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Abbas Tables Incorporated's revenue has grown by 274.7%, moving from $60K to $223K. Total assets increased by 65.2% over the same period, from $231K to $381K. Total functional expenses rose by 164.7%, from $61K to $162K. In its most recent filing year (2023), Abbas Tables Incorporated reported a surplus of $61K, with revenue exceeding expenses. The organization holds $114K in liabilities against $381K in assets (debt-to-asset ratio: 29.9%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $162K | $381K | $114K | — | — |
| 2022 | $153K | $141K | $326K | $120K | — | View 990 |
| 2021 | $142K | $110K | $321K | $126K | — | View 990 |
| 2020 | $152K | $82K | $295K | $132K | — | View 990 |
| 2019 | $60K | $61K | $231K | $138K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $162K, and assets of $381K (revenue +46.2% year-over-year).
- 2022: Revenue of $153K, expenses of $141K, and assets of $326K (revenue +7.2% year-over-year).
- 2021: Revenue of $142K, expenses of $110K, and assets of $321K (revenue -6.3% year-over-year).
- 2020: Revenue of $152K, expenses of $82K, and assets of $295K (revenue +155.3% year-over-year).
- 2019: Revenue of $60K, expenses of $61K, and assets of $231K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abbas Tables Incorporated:
Data Sources and Methodology
This transparency report for Abbas Tables Incorporated 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.