Abako Foundation

Nonprofit profile at a glance

EIN
811120403
IRS 990-PF coverage
2018–2025
Forms available
Form 990-PF 2025
Location
Carlsbad, CA, USA
Phone
6196936561
Rating
79
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Private Independent Foundations

Reported finances

Revenue
$19,653
Expenses
$89,638

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Private Independent Foundations

What it reported funding in 2025

The foundation reported 13 grants totaling $31,211. The stated grant purposes included the reading program second and final year benefited 250 middle school students its purpose was to foster a culture of reading for both pleasure and academic growth while teaching strategies to enhance reading comprehension the program sought to raise literacy awareness by establishing a school library providing book and teaching material donations organizing writing contests and conducting regular abako visits to monitor progress and ensure the library remained an open welcoming space for the entire school community, the reading program second and final year benefited 300 middle school students its purpose was to foster a culture of reading for both pleasure and academic growth while teaching strategies to enhance reading comprehension the program sought to raise literacy awareness by establishing a school library providing book and teaching material donations organizing writing contests and conducting regular abako visits to monitor progress and ensure the library remained an open welcoming space for the entire school community, and this pilot childhood education project supports mothers caretakers and children ages 0-3 our goal is to guide and accompany mothers as they introduce their children to their first words in both mayan and spanish mothers become primary language teachers by creating visual materials in both languages they draw simple vocabulary words in 5-7 domains and engage their children as language experts in a natural context-driven way abako offers teacher training parent workshops drawing notebooks colored pencils classroom furniture and other necessary supplies abako staff regularly visit the project sites to monitor progress and provide ongoing teacher training, plus 9 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

SUPPORTED - A large share of available resources goes to charitable grants and the filed numbers largely add up. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 89
  • Cost Efficiency: 35
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 52

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 88.7%; rating input score 89; 22nd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 34.8%; rating input score 35; 9th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 17.41; rating input score 52; 52nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 88.7% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 52th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Cost Efficiency: Grant expense ratio scored 35/100.
  • Review — Endowment Health: Endowment-health comparison scored 52/100.