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Nonprofit · EIN 59-2889323

ABEKA FUND INC

Tax-exempt · PENSACOLA, FL 32522

Financials

$389K$990K2022$177K$871K2023$520K$149K2024
Revenue Expenses · by fiscal year end
Financials of ABEKA FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$520,320$148,722$371,598$7,009,999$218$7,009,781
May 31, 2024990$177,493$871,093-$693,600$6,205,529$218$6,205,311
May 31, 2023990$388,738$989,910-$601,172$6,604,362$218$6,604,144
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$601,986
Program service revenue
$116,646
Investment income
-$198,312
Other revenue
$0

Expenses

Grants and similar amounts paid
$135,872
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$148,722

Balance sheet and other

Total assets, start of year
$6,205,529
Total assets, end of year
$7,009,999
Total liabilities, end of year
$218
Net assets, end of year
$7,009,781
Publicly traded securities
$761,585
Net assets without donor restrictions
$4,855,942
Net assets with donor restrictions
$2,153,839
Gross receipts
$520,320
Employees
0
Year formed
1986
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
DR TROY SHOEMAKERPresident
Trustee or director, Officer
0$0$219,260
JAMES THOMPSON IICFO
Trustee or director, Officer
0$0$136,570
DENISE SHOEMAKERSecretary
Trustee or director, Officer
0$0$114,732
990 for the year ended May 31, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgs
DR TROY SHOEMAKERPresident
Trustee or director, Officer
0$0$213,114
JAMES THOMPSON IICFO
Trustee or director, Officer
0$0$132,913
DENISE SHOEMAKERSecretary
Trustee or director, Officer
0$0$111,338
990 for the year ended May 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgs
DR TROY SHOEMAKERPresident
Trustee or director, Officer
0$0$205,069
JAMES THOMPSON IICFO
Trustee or director, Officer
0$0$127,109
DENISE SHOEMAKERSecretary
Trustee or director, Officer
0$0$111,021

Address and contacts

Address (IRS master file)
PO BOX 17100, PENSACOLA, FL 32522-7100
In care of
% ERIC FRENCH ESQ SCHIFF HARDING LP
Signed the 990
JAMES THOMPSON II, CFO
Phone
(850) 478-8496
Return prepared by
Fishman and David PC

Mission

TO PROMOTE CHRISTIAN EDUCATION AND OTHER CHARITABLE, RELIGIOUS, EDUCATIONAL, AND LITERARY ACTIVITIES.

990 for the year ended May 31, 2025

Program accomplishments

  • PROVIDED STUDENT LOANS TO COLLEGE STUDENTS WHO REPAY PRINCIPAL AND INTEREST UPON GRADUATION.
    Expenses $148,722 · grants $135,872 · revenue $133,571

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
59-2889323
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1988
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,009,999
Income (IRS master file)
$520,320

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$520,320$148,722$7,009,999XML
990May 2024$177,493$871,093$6,205,529XML
990May 2023$388,738$989,910$6,604,362XML
990May 2022$335,827$819,356$7,231,663IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2889323).

Questions about ABEKA FUND INC

What is the EIN of ABEKA FUND INC?
The employer identification number (EIN) of ABEKA FUND INC is 59-2889323.
Is ABEKA FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to ABEKA FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ABEKA FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ABEKA FUND INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABEKA FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who are the officers and directors of ABEKA FUND INC?
The 990 for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does ABEKA FUND INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $520,320, expenses of $148,722 and total assets of $7,009,999 at year end.

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