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Nonprofit · EIN 93-2592059

ABUNDANCE INSTITUTE

Tax-exempt · NORTH LOGAN, UT 84341

Financials

$7.1M$5.7M2024
Revenue Expenses · by fiscal year end
Financials of ABUNDANCE INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,096,663$5,671,126$1,425,537$1,532,853$107,316$1,425,537
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,096,663
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$972,917
Other salaries and wages
$518,098
Salaries, compensation and benefits (total)
$1,903,598
Professional fundraising fees
$0
Legal fees
$251,935
Accounting fees
$943
Occupancy
$11,350
Travel
$70,054
Program services (functional)
$4,850,940
Management and general (functional)
$431,792
Fundraising (functional)
$388,394

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,532,853
Total liabilities, end of year
$107,316
Net assets, end of year
$1,425,537
Net assets without donor restrictions
$1,425,537
Gross receipts
$7,096,663
Employees
14
State of legal domicile
UT

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHRISTOPHER KOOPMANCEO
Trustee or director, Officer
40$206,250
TAYLOR BARKLEYDIRECTOR
Trustee or director, Officer
40$200,000
NEIL CHILSONHEAD OF POLICY
Trustee or director, Officer
40$157,500
BLAKE DURSTELERCFO
Trustee or director, Officer
40$154,167
RICHARD EVANSSENIOR ECONOMIST40$135,000
PARKER JEPPESSENHEAD OF PUBLIC AFFAIRS40$120,000
DEREK JOHNSONBOARD MEMBER
Trustee or director
5$0
BRIAN TOCHMANBOARD MEMBER
Trustee or director
5$0
SAL CHURI TRUST VENTURESTRUSTEE
Institutional trustee
5$0

Address and contacts

Address (IRS master file)
3250 N 1200 E, NORTH LOGAN, UT 84341-1518
In care of
% BLAKE DURSTELER
Mailing address (990-N for 2023)
3525 Old Main Hill, Logan UT 84322
Principal officer (990 for 2024)
CHRISTOPHER KOOPMAN, 303 CHIPETA WAY STE 510, SALT LAKE CITY, UT 84108
Principal officer (990-N for 2023)
Christopher Koopman, 3525 Old Main Hill, Logan UT 84322
Signed the 990
BLAKE DURSTELER, CFO
Phone
(435) 512-1025
Return prepared by
Legacy Way LLC

Mission

THE ABUNDANCE INSTITUTE IS A MISSION-DRIVEN NONPROFIT ORGANIZATION FOCUSED ON CREATING SPACE FOR EMERGING TECHNOLOGIES TO GROW, THRIVE, AND HAVE A CHANCE TO REACH THEIR FULL POTENTIAL.

990 for the year ended December 31, 2024

Program accomplishments

  • INVESTING IN IDEAS AND TALENT BY OFFERING PROFESSIONAL ADVISORY, RESEARCH, EDUCATIONAL SERVICES, AND DEVELOPMENTAL SERVICES IN THE FIELD OF ARTIFICIAL INTELLIGENCE.
    Expenses $2,668,017 · revenue $3,903,165
  • INVESTING IN IDEAS AND TALENT BY OFFERING PROFESSIONAL ADVISORY, RESEARCH, EDUCATIONAL SERVICES, AND DEVELOPMENTAL SERVICES IN THE FIELD OF ENERGY AND NATURAL RESOURCES.
    Expenses $1,697,829 · revenue $2,483,832
  • INVESTING IN IDEAS AND TALENT BY OFFERING PROFESSIONAL ADVISORY, RESEARCH, EDUCATIONAL SERVICES, AND DEVELOPMENTAL SERVICES IN THE FIELD OF BIOLOGY.
    Expenses $485,094 · revenue $709,666

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
93-2592059
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B05)
Assets (IRS master file)
$1,532,853
Income (IRS master file)
$7,096,663

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990-N for 2023
Officer: Christopher Koopman
December 31, 2023≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ABUNDANCE INSTITUTE

What is the EIN of ABUNDANCE INSTITUTE?
The employer identification number (EIN) of ABUNDANCE INSTITUTE is 93-2592059.
Is ABUNDANCE INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to ABUNDANCE INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABUNDANCE INSTITUTE 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 ABUNDANCE INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ABUNDANCE INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ABUNDANCE INSTITUTE?
The 990 for the year ended December 31, 2024 names CHRISTOPHER KOOPMAN.
Who are the officers and directors of ABUNDANCE INSTITUTE?
The 990 for the year ended December 31, 2024 lists 9 people; 6 received compensation from the organization, the highest $206,250 (CHRISTOPHER KOOPMAN, CEO).
How much revenue does ABUNDANCE INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,096,663, expenses of $5,671,126 and total assets of $1,532,853 at year end.

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