Abg Ministries

Tax-deductible

Richardson, TX501(c)(3)Foundations & GrantmakersEIN 20-4956474Revenue $783K in FY2024

On file with the IRSabgministries.org511 W Shore Dr, 75080-5008 · Richardson, TXTax-exempt since Mar 2007Private operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $11K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $305K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$783K
-3% vs prior year
Spent
$876K
Net assets
$78K
By yearFY2020–FY2024
Revenue
$783K
FY2024▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$277K
FY2021$518K
FY2022$699K
FY2023$811K
FY2024$783K
Expenses
$876K
FY2024▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$264K
FY2021$465K
FY2022$688K
FY2023$740K
FY2024$876K
Net assets
$78K
FY2024▼ -54%
Tap a bar for its year
Net assets by fiscal year
FY2020$37K
FY2021$90K
FY2022$101K
FY2023$172K
FY2024$78K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 94% · $820K Operating & administrative 6% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
President/Director
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Abg Ministries executive salaries →

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Programs and updates

A private foundation based in Richardson, TX.

Questions for Abg Ministries

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 9 grants · $820K · 2024–2024
Pastor David Gonzalez Iglesia Bautista El CalvarioFY2024$483,139
Individual RecipientFY2024$99,439
Individual RecipientFY2024$89,308
Pastor Juan Carlos Rojas Iglesia Evangelica Bautista De TorrentFY2024$56,289
Individual RecipientFY2024$33,058
Individual RecipientFY2024$20,263
Individual RecipientFY2024$16,877
Individual RecipientFY2024$12,000
Individual RecipientFY2024$10,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$91K
Median grantPart XV$33K
Largest grantPart XV$483K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$783K
Gifts and grants$783K
Money out
$876K
Grants paid$820K
Running costs$56K
Owns and owes
$78K
net assets
Cash and savings$78K
Total assets$78K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$783K
Total revenue$783K
Assets in detailEnd of year
Cash and savings together$78K
Total assets$78K
Liabilities$0
Net assets$78K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $783K$876K−$93K$78K 990 PDF
FY2023 $811K$740K$70K$172K 990 PDF
FY2022 $699K$688K$11K$101K 990 PDF
FY2021 $518K$465K$53K$90K 990 PDF
FY2020 $277K$264K$13K$37K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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