Abrahams Blessings International Waweza Movement Inc
Abrahams Blessings International Waweza Movement Inc shows consistent revenue growth but reported a deficit in 2023.
EIN: 20638113 · Cincinnati, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $386K |
| Total Expenses | $376K |
| Program Spending | 80% |
| Net Assets | $189K |
| Transparency Score | 85/100 |
Is Abrahams Blessings International Waweza Movement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abrahams Blessings International Waweza Movement Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abrahams Blessings International Waweza Movement Inc
Abrahams Blessings International Waweza Movement Inc (EIN: 20638113) is a nonprofit organization based in Cincinnati, OH. The organization reported total revenue of $386K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abrahams Blessings International Waweza Movement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abrahams Blessings International Waweza Movement Inc is a small nonprofit that has been operating for 24 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $333K |
| Total Expenses | $376K |
| Surplus / Deficit | $-42,459 |
| Total Assets | $189K |
| Total Liabilities | $12 |
| Net Assets | $189K |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Abrahams Blessings International Waweza Movement Inc reported a deficit of $42K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Abrahams Blessings International Waweza Movement Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | +73.1% | -18.4% |
| 2022 | +65.3% | +31.8% | +115.4% |
| 2021 | +12.1% | -6.1% | +136.7% |
| 2020 | -0.9% | -2.9% | +17.1% |
| 2019 | +24.8% | +13.2% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abrahams Blessings International Waweza Movement Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Abrahams Blessings International Waweza Movement Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly favorable for donor perception and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Abrahams Blessings International Waweza Movement Inc's IRS 990 filings:
- Expenses ($375,845) exceeded revenue ($333,386) in 2023, resulting in a deficit for that period.
Strengths
The following positive indicators were identified for Abrahams Blessings International Waweza Movement Inc:
- Consistent revenue growth from $150,343 in 2015 to $333,386 in 2023.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Very low liabilities, with only $12 reported in 2023, demonstrating strong financial management.
- Healthy growth in assets, from $33,095 in 2015 to $189,298 in 2023.
Frequently Asked Questions about Abrahams Blessings International Waweza Movement Inc
Is Abrahams Blessings International Waweza Movement Inc a legitimate charity?
Abrahams Blessings International Waweza Movement Inc (EIN: 20638113) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $386K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Abrahams Blessings International Waweza Movement Inc spend its money?
Abrahams Blessings International Waweza Movement Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Abrahams Blessings International Waweza Movement Inc tax-deductible?
Abrahams Blessings International Waweza Movement Inc is registered as a tax-exempt nonprofit (EIN: 20638113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Abrahams Blessings International Waweza Movement Inc's spending goes to programs?
Abrahams Blessings International Waweza Movement Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Abrahams Blessings International Waweza Movement Inc located?
Abrahams Blessings International Waweza Movement Inc is headquartered in Cincinnati, Ohio and files with the IRS under EIN 20638113.
How many years of IRS 990 filings does Abrahams Blessings International Waweza Movement Inc have?
Abrahams Blessings International Waweza Movement Inc has 9 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 $386K in total revenue.
Is Abrahams Blessings International Waweza Movement Inc a good charity?
Based on the available data, the charity appears to be good. It has shown consistent revenue growth, maintains low liabilities, and notably reports 0% officer compensation, suggesting a strong commitment to program spending and efficient use of funds. However, the deficit in 2023 where expenses ($375,845) exceeded revenue ($333,386) is a point to monitor.
What caused the deficit in 2023?
The provided IRS 990 data indicates that in the period 202312, the organization's expenses were $375,845 while its revenue was $333,386, leading to a deficit of $42,459. The specific line items contributing to this increase in expenses are not detailed in the summary data, but it's a significant jump compared to previous years' expense growth.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, increasing from $33,095 in 2015 to $189,298 in 2023, with a peak of $231,875 in 2022. This indicates a healthy accumulation of resources over its operating history.
Filing History
IRS 990 filing history for Abrahams Blessings International Waweza Movement Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Abrahams Blessings International Waweza Movement Inc's revenue has grown by 121.8%, moving from $150K to $333K. Total assets increased by 472% over the same period, from $33K to $189K. Total functional expenses rose by 171.9%, from $138K to $376K. In its most recent filing year (2023), Abrahams Blessings International Waweza Movement Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $12 in liabilities against $189K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $189K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $333K | $376K | $189K | $12 | — | — |
| 2022 | $338K | $217K | $232K | $0 | — | — |
| 2021 | $204K | $165K | $108K | $0 | — | View 990 |
| 2020 | $182K | $175K | $45K | $0 | — | View 990 |
| 2019 | $184K | $181K | $39K | $0 | — | View 990 |
| 2018 | $147K | $160K | $36K | $0 | — | View 990 |
| 2017 | $135K | $112K | $48K | $0 | — | View 990 |
| 2016 | $131K | $139K | $25K | $0 | — | View 990 |
| 2015 | $150K | $138K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $333K, expenses of $376K, and assets of $189K (revenue -1.3% year-over-year).
- 2022: Revenue of $338K, expenses of $217K, and assets of $232K (revenue +65.3% year-over-year).
- 2021: Revenue of $204K, expenses of $165K, and assets of $108K (revenue +12.1% year-over-year).
- 2020: Revenue of $182K, expenses of $175K, and assets of $45K (revenue -0.9% year-over-year).
- 2019: Revenue of $184K, expenses of $181K, and assets of $39K (revenue +24.8% year-over-year).
- 2018: Revenue of $147K, expenses of $160K, and assets of $36K (revenue +8.7% year-over-year).
- 2017: Revenue of $135K, expenses of $112K, and assets of $48K (revenue +3.2% year-over-year).
- 2016: Revenue of $131K, expenses of $139K, and assets of $25K (revenue -12.7% year-over-year).
- 2015: Revenue of $150K, expenses of $138K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abrahams Blessings International Waweza Movement Inc:
Data Sources and Methodology
This transparency report for Abrahams Blessings International Waweza Movement Inc 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.