Advance Initiative

Tax-deductible

Jenkintown, PA501(c)(3)ReligionEIN 83-2343149

To see a global movement of gospel-centered multiethnic churches being planted by or among south asians through and by various means including but not limited to sponsoring, hosting, and and administering conferences and seminars and creating publications and other media to advance the aforementioned cause.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$127K 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $54K a year · 15% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$127K
to officers and key staff · 33% of spending
Top officer’s pay higher than 91% of similar orgs
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $355K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$24K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$463K
+68% vs prior year
Spent
$389K
To programs
94%
Net assets
$279K
By yearFY2021–FY2024
Revenue
$463K
FY2024▲ +68%
Revenue by fiscal year
FY2021$97K
FY2022$106K
FY2023$275K
FY2024$463K
Expenses
$389K
FY2024▲ +62%
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023$240K
FY2024$389K
Net assets
$279K
FY2024▲ +43%
Net assets by fiscal year
FY2021$160K
FY2022$162K
FY2023$196K
FY2024$279K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2025.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $367K Management & general 6% · $22K

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

Who runs it and what they're paid

6 people listed on the 990; $127K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director of
$107,776Pt VII · Sec A
President
$19,062Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Binu Abraham’s $108K as Director of is at the 91st percentile of top reported officer pay among 2133 $100K–1M religion 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.

See Advance Initiative 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

Plants gospel-centered, multiethnic churches among South Asians through events and media.

Provided by the organization

This section is blank until Advance Initiative claims this page.

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1 program service account for $186K of program spending, described in the organization's own filed words · FY2024.
01

The advance initiative is an association of churches that, in cooperation with its cooperating and member churches, engages in religious education and training for future ministers, church planters, and overseas workers through conferences, cohorts,seminars, and creating religious content.

$186Kprogram expense

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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 1 funder$355K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$463K
Ln 12
Gifts and grantsLn 1h$463K
Money outPt IX
$389K
Ln 25
Programscol B$367K
Managementcol C$22K
Owns and owesPt X
$279K
net assets · Ln 32
Cash and savingsLn 1–2$303K
Total assetsLn 16$303K
LiabilitiesLn 26$24K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$463K
Total revenueLn 12$463K
Assets in detailPt X, end of year
CashLn 1$303K
Cash and savings togetherLn 1–2$303K
Total assetsLn 16$303K
LiabilitiesLn 26$24K
Net assetsLn 32$279K
OperationsPt I, VI
EmployeesI 52
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 FY24End FY24
Cash and savingsLn 1–2$206K$303K
Total assetsLn 16$206K$303K
LiabilitiesLn 26$10K$24K
Net assetsLn 32$196K$279K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$281K$279K$2K
Payroll taxesLn 10$15K$15K
Other fees for servicesLn 11g$93K$73K$20K
Total functional expensesLn 25$389K$367K$22K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $463K$389K$74K$279K 990 PDF
FY2023 $275K$240K$35K$196K 990 PDF
FY2022 $106K$162K 990 PDF
FY2021 $97K$160K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $462,623 across 3 lines filed
VIII-1f All other contributions, gifts and grants$462,623
VIII-1h Total contributions, gifts and grants$462,623
VIII-12 Total revenue$462,623
Part IX · Statement of functional expenses $388,990 across 3 lines filed
IX-7 Other salaries and wagesPrograms $278,667 · Management $2,201$280,868
IX-10 Payroll taxesPrograms $15,376$15,376
IX-11g Other fees for servicesPrograms $72,890 · Management $19,856$92,746
IX-25 Total functional expensesPrograms $366,933 · Management $22,057 · Fundraising $0$388,990
Part X · Balance sheet $303,473 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $206,055$303,473
X-16 Total assetsStart of year $206,055$303,473
X-17 Accounts payable and accrued expensesStart of year $7,736$6,062
X-25 Other liabilitiesStart of year $2,664$18,123
X-26 Total liabilitiesStart of year $10,400$24,185
X-27 Net assets without donor restrictionsStart of year $195,655$279,288
X-32 Total net assets or fund balancesStart of year $195,655$279,288
X-33 Total liabilities and net assetsStart of year $206,055$303,473
Part XI · Reconciliation of net assets $279,288 net assets at year end
XI-1 Total revenue$462,623
XI-2 Total expenses$388,990
XI-3 Revenue less expenses$73,633
XI-4 Net assets at start of year$195,655
XI-8 Prior period adjustments$10,000
XI-10 Net assets at end of year$279,288

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

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