Abe's Garden
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$12,963,462.00
Projected Expenses
$12,317,394.00
Organizational Budgets and Other Documents
| Abe's Garden 2023 Budget | 2023 |
| Abe's Garden 2022 Budget | 2022 |
| Abe's Garden 2021 Budget | 2021 |
| Abe's Garden 2020 Budget | 2020 |
| Abe's Garden 2019 Budget | 2019 |
| Abe's Garden 2018 Budget | 2018 |
| Abe's Garden 2017 Budget | 2017 |
| Operating Budget | 2016 |
IRS Letter of Exemption
| abe's garden irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $19,031,026.00 | $14,527,368.00 | $11,631,339.00 |
| Total Expenses | $11,414,363.00 | $10,823,400.00 | $11,519,701.00 |
| Revenue Less Expenses | $7,616,663.00 | $3,703,968.00 | $111,638.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $613,033.00 | $0.00 |
| Contributions, Gifts, and Grants | $8,707,335.00 | $4,545,760.00 | $1,492,471.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $10,344,813.00 | $9,351,334.00 | $10,132,776.00 |
| Investment Income, Net of Losses | $-21,351.00 | $16,241.00 | $6,092.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $229.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $8,523,208.00 | $8,312,118.00 | $9,423,379.00 |
| Administration Expense | $2,232,929.00 | $1,724,858.00 | $1,538,449.00 |
| Fundraising Expense | $658,226.00 | $786,424.00 | $557,873.00 |
| Total Revenue/Total Expenses | 167% | 134% | 101% |
| Program Expense/Total Expenses | 75% | 77% | 82% |
| Fundraising Expense/Contributed Revenue | 6% | 7% | 5% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $10,344,813.00 | Program Revenue $9,351,334.00 | Program Revenue $10,132,776.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $8,707,335.00 | Contributions, Gifts, Grants $4,545,760.00 | Contributions, Gifts, and Grants $1,492,471.00 |
| Third Highest Funding Source & Dollar Amount | Noncash Contributions $229.00 | Government Grants $613,033.00 | Investment Income $6,092.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $43,392,872.00 | $36,175,841.00 | $34,482,133.00 |
| Current Assets | $9,825,740.00 | $2,731,682.00 | $2,539,770.00 |
| Long-Term Liabilities | $4,139,882.00 | $0.00 | $19,481,250.00 |
| Current Liabilities | $19,569,782.00 | $1,516,144.00 | $7,421,686.00 |
| Total Net Assets | $19,683,208.00 | $11,666,016.00 | $7,579,197.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
What is the campaign goal?
$20,000,000.00
What is the purpose of the capital campaign?
The major components of our Let's Grow Together capital campaign are 21 additional private memory support suites, a Dolby Atmos Music Lab to study the effects of music on those living with memory loss, an assessment clinic, a chapel to support spiritual wellness, a community room with outdoor terrace, and a team member education suite. This campaign will directly benefit the current residents who call Abe's Garden Community their home, their caregivers and loved ones, those waiting patiently to join the community, and those we aspire to serve in the years to come.
Campaign Start
January 2022
Campaign End
December 2026
Campaign Raised to Date Month
November
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$14,408,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| Abe's Garden 2022 990 | 2022 |
| Abe's Garden 2021 990 | 2021 |
| Abe's Garden 2021 990 pt 2 | 2021 |
| Abe's Garden 2021 990 pt 3 | 2021 |
| Abe's Garden 2021 990 pt 4 | 2021 |
| Abe's Garden 2020 990 | 2020 |
| Abe's Garden 2019 990 | 2019 |
| Abe's Garden 2018 990 | 2018 |
| Abe's Garden 2017 990 | 2017 |
| Abe's Garder 2016 990 | 2016 |
| Abe's Garden 2015 990 | 2015 |
| Abe's Garden 2014 990 | 2014 |
| Abe's Garden 2013 990 | 2013 |
| Abe's Garden 2012 990 | 2012 |
| Abe's Garden 2011 990 | 2011 |
| Abe's Garden 2010 990 | 2010 |
| Abe's Garden 2009 990 | 2009 |
| abe's garden 2008 990 | 2008 |
| abe's garden 2007 990 | 2007 |
Audit Documents
Foundation Staff Comments
| Financial data taken from 990. Documents completed by Kraft CPAS, PLLC. Comments provided by Hayley Sulfridge 11/17/23. |
