Abandon Project INC FY2024 filing

Tax-deductible

Matthews, NC501(c)(3)Since 2012Human ServicesEIN 27-2493515

This page gets seen. Tell your story. Claim this org.

Our mission is to model the love of Jesus in overlooked communities who deserve freedom from negative cycles.

501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $125K a year · 31% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
40%
of spending
Concern: 40% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $51K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$428K
-7% vs prior year
Spent
$314K
To programs
40%
Net assets
$132K
By yearFY2020–FY2025
Revenue
$428K
FY2024▼ -7%
Revenue by fiscal year
FY2020$261K
FY2021$392K
FY2022$496K
FY2023$460K
FY2024$428K
FY2025$422K
Expenses
$314K
FY2024▲ +0.7%
Expenses by fiscal year
FY2020$227K
FY2021$225K
FY2022$252K
FY2023$311K
FY2024$314K
FY2025$378K
Net assets
$132K
FY2024▼ -34%
Net assets by fiscal year
FY2020$91K
FY2021$193K
FY2022$222K
FY2023$199K
FY2024$132K
FY2025$101K

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2012.

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

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $125K Management & general 41% · $128K Fundraising 19% · $60K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

1 person listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$60,000Pt VII · Sec A

James Meadows’s $60K as Executive Director is at the 49th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
James Meadows$60,000$60,000$65,000$59,333$52,500$54,167

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Abandon Project INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers meals, school supplies, tutoring, and family resources.

Provided by the organization

This section is blank until Abandon Project INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $125K of program spending, described in the organization's own filed words · FY2024.
01

The Tutoring Program provides an opportunity for students to receive help with school work and structured assignments through an i-Ready program. This program helps them to assess their current reading comprehension level and allow us to make curriculum specific to each child to help better their reading comprehension levels.

$85Kprogram expense
02

Health Initiative Program provides nutritional education to children and how to see their worth through nutrition. It also educates them on recognizing proteins, vegetables, and good carbohydrates versus bad carbohydrates.

$36Kprogram expense
03

Neighborhood Initiative provides community and small group activities in the community. This program is meant to be a relational opportunity to provide families resources, whether is is connection to a job or trade school. We also help them if they have a need such as counseling services.

$5Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$51K
See all 4 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$428K
Ln 12
Gifts and grantsLn 1h$428K
Money outPt IX
$314K
Ln 25
Programscol B$125K
Managementcol C$128K
Fundraisingcol D$60K
Owns and owesPt X
$132K
net assets · Ln 32
Cash and savingsLn 1–2$132K
Total assetsLn 16$132K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$428K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$120K
Total revenueLn 12$428K
Assets in detailPt X, end of year
CashLn 1$132K
Cash and savings togetherLn 1–2$132K
Total assetsLn 16$132K
LiabilitiesLn 26$0
Net assetsLn 32$132K
OperationsPt I, VI
EmployeesI 57
VolunteersI 695
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$199K$132K
Total assetsLn 16$199K$132K
LiabilitiesLn 26$0$0
Net assetsLn 32$199K$132K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$60K$0$30K$30K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$158K$102K$44K$11K
Payroll taxesLn 10$9K$3K$3K$3K
Management feesLn 11a$8K$8K
Legal feesLn 11b$806$806
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$2K$317$952$317
Office expensesLn 13$10K$8K$2K
OccupancyLn 16$6K$4K$1K
TravelLn 17$22K$9K$6K$6K
Conferences, conventions and meetingsLn 19$4K$4K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$23K$7K$9K$7K
Total functional expensesLn 25$314K$125K$128K$60K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $422K$378K$44K$101K 990 PDF
FY2024 Viewing $428K$314K$114K$132K 990 PDF
FY2023 $460K$311K$149K$199K 990 PDF
FY2022 $496K$252K$243K$222K 990 PDF
FY2021 $392K$225K$166K$193K 990 PDF
FY2020 $261K$227K$34K$91K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $427,744 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$120,395
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$307,349
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$427,744
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$427,744
Part IX · Statement of functional expenses $313,576 across 15 lines filed
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $30,000 · Fundraising $30,000$60,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $101,997 · Management $44,417 · Fundraising $11,338$157,752
IX-10 Payroll taxesPrograms $2,894 · Management $3,165 · Fundraising $2,984$9,043
IX-11a Management feesManagement $8,499$8,499
IX-11b Legal feesManagement $806$806
IX-11c Accounting feesManagement $1,850$1,850
IX-12 Advertising and promotionPrograms $317 · Management $952 · Fundraising $317$1,586
IX-13 Office expensesManagement $7,911 · Fundraising $1,978$9,889
IX-16 OccupancyPrograms $4,137 · Management $1,379$5,516
IX-17 TravelPrograms $9,028 · Management $6,238 · Fundraising $6,238$21,504
IX-19 Conferences, conventions and meetingsManagement $4,209$4,209
IX-23 InsuranceManagement $10,235$10,235
IX-24 Other expenses (24a–d)Programs $6,773 · Management $8,569 · Fundraising $7,345$22,687
IX-25 Total functional expensesPrograms $125,146 · Management $128,230 · Fundraising $60,200$313,576
Part X · Balance sheet $132,017 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $198,653$132,017
X-16 Total assetsStart of year $198,653$132,017
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $198,653$132,017
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $198,653$132,017
X-33 Total liabilities and net assetsStart of year $198,653$132,017
Part XI · Reconciliation of net assets $132,017 net assets at year end
XI-1 Total revenue$427,744
XI-2 Total expenses$313,576
XI-3 Revenue less expenses$114,168
XI-4 Net assets at start of year$198,653
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$180,804
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$132,017

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.