Abbas Ambassadors Inc
- Assets
- $464.9k
- Revenue
- $449.7k
- Investments
- $323.7k
- Employees
- 0
- Location
- Ridgefield, CT
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 20-8043230
Organization Overview
Abbas Ambassadors Inc is located in Ridgefield, CT. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abbas Ambassadors Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Abbas Ambassadors Inc generated $449.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $379.3k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF MISSIONARIES IN THE U.S. AND ABROAD EITHER DIRECTLY OR THROUGH OTHER CHARITABLE ORGANIZATIONS SUCH AS MASANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janell M Brittain Director / C | 5 | $0 | |
Joel T Gibson Director | 2 | $0 | |
John F Gibson President | 25 | $0 | |
Cynthia D Gibson Vice Pres & | 25 | $0 | |
Jennifer L Gibson Director | 2 | $0 | |
Daniel F Gibson Director / C | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $389,629 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,331 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,763 |
| Capital Gain Net Income | $53,763 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $449,723 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $258 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,171 |
| Total operating and administrative expenses | $9,079 |
| Contributions, gifts, grants paid | $370,200 |
| Total expenses and disbursements | $379,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,263 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $464,932 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Abbas Ambassadors Inc has awarded $361,391 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MASANA PURPOSE: TO HELP UNDERPRIVILEGED CHILDREN IN | $154,506 |
BISHARA LOUBNA DEEB PURPOSE: COST OF LIVING AND OTHER REIMBURSEME | $49,425 |
JONATHAN EMILY EASTMAN PURPOSE: COST OF LIVING AND OTHER REIMBURSEME | $46,747 |
CONNIE RAO PURPOSE: SCHOOL IN INDIA FOR UNDERPRIVLEGED | $39,112 |
JOHN ROBIN VENDELIN PURPOSE: COST OF LIVING & OTHER REIMBURSEMENT | $23,384 |
ALON RAJAA GRIMBERG PURPOSE: COST OF LIVING AND OTHER REIM. | $22,100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Abbas Ambassadors Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Kalele Foundation Los Altos Hills, CA PURPOSE: SUPPORTING MISSIONARIES AROUND THE WORLD.SUPPORTING MISSIONARIES AROUND THE WORLD | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |
Cohen Veterans Network Inc Stamford, CT | $21,771,420 | $47,396,071 |