The Abwm Foundation FY2021 filing

Tax-deductible

Washington, DC501(c)(3)Since 2013Health CareEIN 46-0646903Revenue $210K in FY2021

On file with the IRSabwmfoundation.org1800 M St Nw Ste 400s, 20036-5878 · Washington, DCTax-exempt since Mar 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Support the advancement of wound care, the promotion of certification for providers of chronic and acute wounds, and the benefit of the public by developing and providing quality education and conducting sound research

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
4 of 6
filings with a surplus
Average surplus $13K a year · 6% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $48
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
+12% vs prior year
Spent
$175K
To programs
61%
Net assets
$173K
By yearFY2020–FY2025
Revenue
$210K
FY2021▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$187K
FY2021$210K
FY2022$204K
FY2023$223K
FY2024$225K
FY2025$208K
Expenses
$175K
FY2021▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$161K
FY2021$175K
FY2022$212K
FY2023$208K
FY2024$209K
FY2025$215K
Net assets
$173K
FY2021▲ +25%
Tap a bar for its year
Net assets by fiscal year
FY2020$138K
FY2021$173K
FY2022$165K
FY2023$180K
FY2024$196K
FY2025$189K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Mar 2014.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $107K Management & general 39% · $68K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Abwm Foundation executive salaries →

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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

Advance wound care through education, research, and provider certification.

Provided by the organization

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1 program · $107K · in their own filed words · FY2021
01

Support the advancement of wound care, the promotion of certification for providers of chronic and acute wounds, and the benefit of the public by developing and providing quality education and conducting sound research

$107Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$48

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$210K
Ln 12
Gifts and grantsLn 1h$105K
Other incomeLn 4–11$105K
Money outPt IX
$175K
Ln 25
Programscol B$107K
Managementcol C$68K
Owns and owesPt X
$173K
net assets · Ln 32
Cash and savingsLn 1–2$156K
Total assetsLn 16$178K
LiabilitiesLn 26$6K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$105K
Other incomeLn 4–11$105K
Total revenueLn 12$210K
Assets in detailPt X, end of year
CashLn 1$156K
Cash and savings togetherLn 1–2$156K
Total assetsLn 16$178K
LiabilitiesLn 26$6K
Net assetsLn 32$173K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$121K$156K
Total assetsLn 16$139K$178K
LiabilitiesLn 26$763$6K
Net assetsLn 32$138K$173K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$138K$83K$55K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$11K$6K$4K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$750$500
InsuranceLn 23$2K$1K$742
Other expenses (24a–d)Ln 24$8K$7K$519
All other expensesLn 24e$0
Total functional expensesLn 25$175K$107K$68K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $208K$215K−$7K$189K 990 PDF
FY2024 $225K$209K$16K$196K 990 PDF
FY2023 $223K$208K$15K$180K 990 PDF
FY2022 $204K$212K−$8K$165K 990 PDF
FY2021 Viewing $210K$175K$34K$173K 990 PDF
FY2020 $187K$161K$26K$138K 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
See the full FY2021 990 (6 parts)
Part I · Summary $209,585 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $101,085$104,848
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $86,279$104,737
I-12 Total revenuePrior year $187,364$209,585
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $161,390$175,202
I-18 Total expensesPrior year $161,390$175,202
I-19 Revenue less expensesPrior year $25,974$34,383
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $209,585 across 4 lines filed
Lines not itemized here account for $104,737 of total revenue; see the IRS return.
VIII-1d Related organizations$102,625
VIII-1f All other contributions, gifts and grants$2,223
VIII-1h Total contributions, gifts and grants$104,848
VIII-12 Total revenue$209,585
Part IX · Statement of functional expenses $175,202 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $82,740 · Management $55,160$137,900
IX-11b Legal feesManagement $1,701$1,701
IX-11c Accounting feesManagement $5,100$5,100
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $9,207$9,207
IX-13 Office expensesPrograms $6,405 · Management $4,270$10,675
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $750 · Management $500$1,250
IX-23 InsurancePrograms $1,113 · Management $742$1,855
IX-24 Other expenses (24a–d)Programs $6,995 · Management $519$7,514
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $107,210 · Management $67,992 · Fundraising $0$175,202
Part X · Balance sheet $178,185 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $120,986$155,859
X-4 Accounts receivableStart of year $8,225$11,319
X-8 Inventories for sale or useStart of year $5,716$6,970
X-9 Prepaid expenses and deferred chargesStart of year $2,766$4,037
X-16 Total assetsStart of year $138,943$178,185
X-17 Accounts payable and accrued expensesStart of year $763$5,622
X-26 Total liabilitiesStart of year $763$5,622
X-27 Net assets without donor restrictionsStart of year $136,280$169,658
X-28 Net assets with donor restrictionsStart of year $1,900$2,905
X-32 Total net assets or fund balancesStart of year $138,180$172,563
X-33 Total liabilities and net assetsStart of year $138,943$178,185
Part XI · Reconciliation of net assets $172,563 net assets at year end
XI-1 Total revenue$209,585
XI-2 Total expenses$175,202
XI-3 Revenue less expenses$34,383
XI-4 Net assets at start of year$138,180
XI-10 Net assets at end of year$172,563

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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