Abbey Road ("Abbey") is a nonprofit affordable housing development organization

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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 $985K a year · 41% 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
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Plus $169K in investments, Pt X · Ln 11–13
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $420K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12.5M
114% of total assets
Concern: liabilities are 114% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$978K
Spent
$757K
To programs
100%
Net assets
−$1.5M
By yearFY2020–FY2025
Revenue
$978K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$978K
FY2021$1.5M
FY2022$1.8M
FY2023$2.7M
FY2024$2.3M
FY2025$5.0M
Expenses
$757K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$757K
FY2021$1.1M
FY2022$1.3M
FY2023$1.6M
FY2024$2.0M
FY2025$1.5M
Net assets
−$1.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.5M
FY2021−$1.1M
FY2022−$649K
FY2023$360K
FY2024$1.3M
FY2025$4.8M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 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 May 2010.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $757K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Assistant Secretary & Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maura Johnson’s $238K as Director of Housing Services is at the 95th percentile of top reported officer pay among 3868 $1–10M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Maura Johnson$237,833$209,593$211,657$177,325
Kenneth Bank$167,048$174,478——
Nicole Poole$125,163$119,544$110,834—
Sean Alred$107,596———

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.

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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 15aNo

Programs and updates

Develops affordable housing for those in need.

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Provided by the organization

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1 program · $757K · in their own filed words · FY2019
01

Rental and Development Activities

Identifying, developing, and operating property for low income, transitional and permanent housing, abbey road wholly owns 9 properties and holds a general partner interest in 5 properties totaling 623 units

$757Kprogram expense

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 2 funders$420K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$978K
Ln 12
Other incomeLn 4–11$607K
Fees for servicesLn 2g$293K
Gifts and grantsLn 1h$63K
Money outPt IX
$757K
Ln 25
Programscol B$757K
Owns and owesPt X
−$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$157K
Total assetsLn 16$11.0M
LiabilitiesLn 26$12.5M
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$63K
Fees for servicesLn 2g$293K
Investment incomeLn 3$16K
Other incomeLn 4–11$607K
Total revenueLn 12$978K
Assets in detailPt X, end of year
CashLn 1$157K
Cash and savings togetherLn 1–2$157K
InvestmentsLn 11–13$169K
Land, buildings, equipmentLn 10c$6.8M
Other assetsLn 15$3.8M
Total assetsLn 16$11.0M
LiabilitiesLn 26$12.5M
Net assetsLn 32−$1.5M
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5K$157K
InvestmentsLn 11–13$186K$169K
Land, buildings, equipmentLn 10c$6.5M$6.8M
Total assetsLn 16$8.3M$11.0M
LiabilitiesLn 26$10.0M$12.5M
Net assetsLn 32−$1.7M−$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$274K$274K
Other employee benefitsLn 9$26K$26K
Payroll taxesLn 10$24K$24K
Legal feesLn 11b$148$148
Accounting feesLn 11c$963$963
Advertising and promotionLn 12$446$446
Office expensesLn 13$590$590
OccupancyLn 16$55K$55K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$459$459
InterestLn 20$114K$114K
Depreciation, depletion and amortizationLn 22$60K$60K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$191K$191K
All other expensesLn 24e$505$505
Total functional expensesLn 25$757K$757K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.0M$1.5M$3.5M$4.8M 990 PDF
FY2024 $2.3M$2.0M$343K$1.3M 990 PDF
FY2023 $2.7M$1.6M$1.0M$360K 990 PDF
FY2022 $1.8M$1.3M$469K−$649K 990 PDF
FY2021 $1.5M$1.1M$392K−$1.1M 990 PDF
FY2020 Viewing $978K$757K$221K−$1.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $978,350 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $33,000$62,512
I-9 Program service revenuePrior year $394,128$292,884
I-10 Investment incomePrior year $434$16,309
I-11 Other revenuePrior year $167,175$606,645
I-12 Total revenuePrior year $594,737$978,350
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $289,470$324,153
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $248,038$433,049
I-18 Total expensesPrior year $537,508$757,202
I-19 Revenue less expensesPrior year $57,229$221,148
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $978,350 across 7 lines filed
VIII-1f All other contributions, gifts and grants$62,512
VIII-1h Total contributions, gifts and grants$62,512
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $292,884$292,884
VIII-3 Investment incomeRelated to mission $16,309$16,309
VIII-6 Net rental income or lossRelated to mission $595,114$595,114
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,531$11,531
VIII-12 Total revenueRelated to mission $915,838 · Unrelated business $0 · Excluded from tax $0$978,350
Part IX · Statement of functional expenses $757,202 across 15 lines filed
IX-7 Other salaries and wagesPrograms $274,467$274,467
IX-9 Other employee benefitsPrograms $26,102$26,102
IX-10 Payroll taxesPrograms $23,584$23,584
IX-11b Legal feesPrograms $148$148
IX-11c Accounting feesPrograms $963$963
IX-12 Advertising and promotionPrograms $446$446
IX-13 Office expensesPrograms $590$590
IX-16 OccupancyPrograms $54,635$54,635
IX-17 TravelPrograms $8,265$8,265
IX-19 Conferences, conventions and meetingsPrograms $459$459
IX-20 InterestPrograms $114,265$114,265
IX-22 Depreciation, depletion and amortizationPrograms $60,434$60,434
IX-23 InsurancePrograms $1,444$1,444
IX-24 Other expenses (24a–d)Programs $190,895$190,895
IX-24e All other expensesPrograms $505$505
IX-25 Total functional expensesPrograms $757,202 · Management $0 · Fundraising $0$757,202
Part X · Balance sheet $10,954,885 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $4,956$156,846
X-4 Accounts receivableStart of year $5,769$40,454
X-10c Land, buildings and equipment, netStart of year $6,496,939$6,811,505
X-13 Program-related investmentsStart of year $185,912$168,797
X-15 Other assetsStart of year $1,603,585$3,777,283
X-16 Total assetsStart of year $8,297,161$10,954,885
X-17 Accounts payable and accrued expensesStart of year $1,010,539$100,442
X-25 Other liabilitiesStart of year $0$65
X-26 Total liabilitiesStart of year $10,028,270$12,464,846
X-27 Net assets without donor restrictionsStart of year −$1,731,109−$1,509,961
X-32 Total net assets or fund balancesStart of year −$1,731,109−$1,509,961
X-33 Total liabilities and net assetsStart of year $8,297,161$10,954,885
Part XI · Reconciliation of net assets −$1,509,961 net assets at year end
XI-1 Total revenue$978,350
XI-2 Total expenses$757,202
XI-3 Revenue less expenses$221,148
XI-4 Net assets at start of year−$1,731,109
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,509,961

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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