Public Benefit : Community and Housing Development

Abyssinian Development Corporation

Believe. Build. Empower.

Rating

Overall Rating    
      (57.51)
Organizational Efficiency      
Program Expenses 75.1%    
Administrative Expenses 20.3%    
Fundraising Expenses 4.5%    
Fundraising Efficiency $0.06    
Efficiency Rating    
      (32.51)
Organizational Capacity      
Primary Revenue Growth 95.4%    
Program Expenses Growth 43.1%    
Working Capital Ratio (years) 0.25    
Capacity Rating    
      (25.00)

Income Statement     (FYE 12/2007)

Revenue  
Primary Revenue $16,916,364
Other Revenue $2,593,361
Total Revenue $19,509,725
   
Expenses  
Program Expenses $11,666,175
Administrative Expenses $3,151,586
Fundraising Expenses $698,464
Total Functional Expenses $15,516,225
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,993,500
   
Net Assets $7,885,815

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Abyssinian Development Corporation
Four West 125th Street
New York, NY 10027
tel: (212) 368-4471
fax: (646) 442-6598
EIN: 13-3552154

Contact Email
Visit Web Site

Leadership      (FYE 12/2007)

Name Title Compensation % of Expenses
Sheena Wright President, CEO (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $200,000 1.28%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

The Abyssinian Development Corporation (ADC) is a leading community development corporation dedicated to building the human, social, and physical capital in Harlem. Since 1989, ADC has addressed the complex, interconnected challenges facing the Harlem community. The genesis of ADC was the passionate response of The Abyssinian Baptist Church parishioners to a call from the pulpit of Reverend Dr. Calvin O. Butts III. Reverend Butts encouraged the congregation to rebuild its community brick by brick and block by block. From a humble office in the basement of the church, in a relatively short period of time, ADC has grown into a nationally renowned comprehensive community and economic development corporation.

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