Nonprofit · EIN 46-4576284
AMERICANS FOR A BALANCED BUDGET INC
Tax-exempt · RALEIGH, NC 27611
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,195,395 | $2,210,927 | -$15,532 | $245,992 | $0 | $245,992 |
| December 31, 2024 | 990-EZ | $68,125 | $47,750 | $20,375 | $262,450 | $926 | $261,524 |
| December 31, 2023 | 990 | $936,980 | $952,136 | -$15,156 | $241,149 | $0 | $241,149 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,195,395
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $115,000
- Compensation of officers, directors and key employees
- $120,000
- Salaries, compensation and benefits (total)
- $129,222
- Professional fundraising fees
- $0
- Legal fees
- $3,712
- Occupancy
- $3,671
- Travel
- $39,340
- Program services (functional)
- $2,032,370
- Management and general (functional)
- $178,530
- Fundraising (functional)
- $27
Balance sheet and other
- Total assets, start of year
- $262,450
- Total assets, end of year
- $245,992
- Total liabilities, end of year
- $0
- Net assets, end of year
- $245,992
- Net assets without donor restrictions
- $245,992
- Gross receipts
- $2,195,395
- Employees
- 1
- Year formed
- 2014
- State of legal domicile
- NC
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS F STEWART III | PRESIDENT Trustee or director, Officer | 40 | $120,000 |
| HON THOMAS COWART GOOLSBY JR ESQ | BOARD MEMBER Trustee or director | – | $0 |
| CHARLES GANTT | TREASURER Trustee or director, Officer | – | $0 |
| CHAD ADAM HEFLIN | BOARD MEMBER Trustee or director | – | $0 |
| ROGER LEE CURRIE JR | BOARD MEMBER Trustee or director | – | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HON THOMAS COWART GOOLSBY JR ESQ | BOARD MEMBER | 0 | $0 |
| CHAD ADAM HEFLIN | BOARD MEMBER | 0 | $0 |
| ROGER LEE CURRIE JR | BOARD MEMBER | 0 | $0 |
| DOUGLAS F STEWART III | PRESIDENT | 0 | $0 |
| CHARLES GANTT | TREASURER | 0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HON THOMAS COWART GOOLSBY JR ESQ | CHAIRMAN Trustee or director, Officer | – | $0 |
| CHAD ADAM HEFLIN | SECRETARY Trustee or director, Officer | – | $0 |
| ROGER LEE CURRIE JR | TREASURER Trustee or director, Officer | – | $0 |
| DOUGLAS F STEWART III | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 24914, RALEIGH, NC 27611-4914
- Principal officer (990 for 2025)
- DOUGLAS F STEWART III, PO BOX 28091, RALEIGH, NC 27611
- Signed the 990
- CHARLES GANTT, TREASURER
- Phone
- (202) 506-5320
- Website
- WWW.ABBONLINE.ORG
- Return prepared by
- JOYCE AND COMPANY CPA
Mission
FOR DECADES, AMERICANS FOR A BALANCED BUDGET (ABB) HAS STOOD AS A BULWARK FOR COMMON-SENSE PUBLIC POLICY AT ALL LEVELS OF GOVERNMENT. AS THE NATIONAL DEBT CREATES A GROWING FISCAL CRISIS, IT'S MORE IMPORTANT THAN EVER TO HAVE A CONSERVATIVE ORGANIZATION STANDING FIRM FOR FISCAL RESPONSIBILITY, ECONOMIC GROWTH, AND EFFECTIVE GOVERNMENT FOR THE AMERICAN PEOPLE. ABB EFFECTIVELY ADVOCATES FOR COMMON SENSE POLICY OBJECTIVES IMPORTANT TO CONSERVATIVES FOR THE BETTERMENT OF ALL AMERICANS. IT WILL ALWAYS BE A VOICE SEEKING TO HELP BUILD AN AMERICA WITH GREATER OPPORTUNITIES AND A BRIGHTER FUTURE FOR ALL AMERICANS.
Program accomplishments
- AMERICANS FOR A BALANCED BUDGET (ABB) CONDUCTED ISSUE ADVOCACY, INCLUDING ISSUE ADVOCACY CAMPAIGNS OPPOSING HR1 AND THE BUDGET RECONCILIATION BILL; PUBLICLY SUPPORTED THE PATENT REFORM BILL BEFORE CONGRESS AND HIGHLIGHTED WORLD IP DAY; SPONSORED,PRODUCED, AND PLACED DIGITAL ADS IN FAVOR OF ALLOWING REDUCED RISK NICOTINE PRODUCTS AND IN SUPPORT OF PUBLIC POLICIES THAT INCREASE THE AVAILABILITY OF CLEAN ENERGY; OPERATED PHARMACY BENEFIT MANAGER EDUCATION AD CAMPAIGN; AND PROVIDED GRANTS TO ORGANIZATIONS THAT ALIGNED WITH THE MISSION OF ABB.Expenses $2,032,370 · grants $115,000
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4576284
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R05)
- Assets (IRS master file)
- $245,992
- Income (IRS master file)
- $2,195,395
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,195,395 | $2,210,927 | $245,992 | XML |
| 990-EZ | December 2024 | $68,125 | $47,750 | $262,450 | XML |
| 990 | December 2023 | $936,980 | $952,136 | $241,149 | XML |
| 990 | December 2022 | $2,384,990 | $1,965,647 | $256,305 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 46-4576284).
Questions about AMERICANS FOR A BALANCED BUDGET INC
- What is the EIN of AMERICANS FOR A BALANCED BUDGET INC?
- The employer identification number (EIN) of AMERICANS FOR A BALANCED BUDGET INC is 46-4576284.
- Is AMERICANS FOR A BALANCED BUDGET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2014.
- Are donations to AMERICANS FOR A BALANCED BUDGET INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICANS FOR A BALANCED BUDGET 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 AMERICANS FOR A BALANCED BUDGET INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICANS FOR A BALANCED BUDGET INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICANS FOR A BALANCED BUDGET INC?
- The 990 for the year ended December 31, 2025 names DOUGLAS F STEWART III.
- Who are the officers and directors of AMERICANS FOR A BALANCED BUDGET INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $120,000 (DOUGLAS F STEWART III, PRESIDENT).
- How much revenue does AMERICANS FOR A BALANCED BUDGET INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,195,395, expenses of $2,210,927 and total assets of $245,992 at year end.
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