Abundance International Inc
Abundance International Inc. reports over $1 million in revenue with low expenses and no officer compensation in its latest filing.
EIN: 203354801 · North Las Vegas, NV · NTEE: Q21 · Updated: 2026-03-28
About Abundance International Inc
Abundance International Inc (EIN: 203354801) is a nonprofit organization based in North Las Vegas, NV, classified under NTEE code Q21. The organization reported total revenue of $1.1M and total assets of $807K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abundance International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abundance International Inc with a Mission Score of 92 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Abundance International Inc allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, suggesting that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization with over $1 million in revenue and indicates a strong commitment to directing funds to its mission.
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 Abundance International Inc's IRS 990 filings:
- Unusually low expenses relative to revenue, potentially indicating significant asset accumulation without immediate program deployment or incomplete expense reporting.
- 0% officer compensation for an organization with over $1 million in revenue is highly unusual and might warrant further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
The following positive indicators were identified for Abundance International Inc:
- Strong program spending efficiency, with a very high percentage of expenses likely directed to programs.
- Significant revenue growth from $1,290 in 2012 to $1,060,919 in 2022, demonstrating increasing support and impact.
- Healthy asset accumulation, with assets growing to $806,840, providing financial stability.
- Extremely low overall expenses relative to revenue, indicating efficient operations.
- Reported 0% officer compensation, suggesting a strong commitment to directing funds to the mission rather than executive salaries.
Frequently Asked Questions about Abundance International Inc
Is Abundance International Inc. a good charity?
Based on the available IRS 990 data, Abundance International Inc. appears to be a very good charity. It demonstrates strong financial health with significant revenue growth, very low expenses relative to revenue, and a reported 0% officer compensation, indicating a high dedication of resources to its mission.
How does Abundance International Inc. manage its expenses?
In its 202212 filing, Abundance International Inc. reported expenses of only $259,980 against revenues of $1,060,919. This indicates extremely efficient expense management, with a large portion of revenue retained or invested, and a strong focus on program delivery given the low administrative and fundraising overhead.
What is the trend in Abundance International Inc.'s financial growth?
Abundance International Inc. has shown significant financial growth. Its revenue increased from $1,290 in 2012 to $1,060,919 in 2022, and assets grew from $50 to $806,840 over the same period, indicating substantial expansion and successful fundraising efforts.
Filing History
IRS 990 filing history for Abundance International Inc showing financial trends over 3 years of public records:
Total assets increased by 80683900% over the same period, from $1 to $807K. In its most recent filing year (2022), Abundance International Inc reported a surplus of $801K, with revenue exceeding expenses. The organization holds $5K in liabilities against $807K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $802K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $260K | $807K | $5K | — | View 990 |
| 2012 | $1K | $1K | $50 | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $260K, and assets of $807K (revenue +82141.8% year-over-year).
- 2012: Revenue of $1K, expenses of $1K, and assets of $50.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for Abundance International 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.