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Filing year 2024

Abako Foundation

Carlsbad, California·EIN 81-1120403·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$19k
Total assets
$649k
Total expenses
$109k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. Abako Foundation reported 5 unpaid officers and board members on its 990-PF.

President
Board Member
Board Member
Board Member
Board Member

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$63k

Itemized grants

10

Median grant

$3k

RecipientLocationPurposeAmount
Koutiala Seydoubougou Elementary SchoolKoutiala, ML1st yr of the Literacy and Library Program involved building the library room training and coaching teachers facilitating library activities providing books and teaching materials and meeting with educational officials and school management committee members Weekly monitoring visits$12k
Hunab Ku PreschoolYucatan, MXThis Alumni Preschool serves students in a highly marginalized area Their efforts to work with parents and children earned our support this year We provided 155 books diverse teaching materials and even constructed a wheel chair ramp for handicapped students$2k
Escuela Technica #23 & CEDEX Natiala Galvan LopezMorelos, MXNew project for middle school & high school students who are having difficulties with Spanish They are natives but have low literacy and reading skills Abako has partnered up with two schools in Morelos to pilot this initiative to introduce students to low-level reading materials while addressing high impact literacy skills using the book called Atrapate en la lectura Book 1 This project will last the entire 2024-25 school year and we hope to see game-changing results within six months$1k
Jose Leon Borjorques Middle SchoolYucatan, MXThis alumni school participated in the Abako Reading Program for two school years and we decided to support their reading efforts with incoming freshman by providing books to help them succeed in basic reading skills$1k
CBTiS 80Yucatan, MXAlumni High School Reading Club received a little support from Abako in the way of materials for their reading activities this school year They are examplary in their reading commitment therefore we will support them whenever possible$1k
Financial trend

Revenue and expenses over time

Abako Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$18k
$187k
2023
$19k
$109k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in California

Abako Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $60,111.

25th percentile
$18k
Median
$60,111
75th percentile
$150k
90th percentile
$291k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,889 organizations across 1,889 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California →
FAQ

Common questions about Abako Foundation

What are Abako Foundation's revenue and expenses?

In 2024, Abako Foundation reported $19k in total revenue and $109k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.