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Americans For A Balanced Budget

  • Raleigh, NC
  • Tax-exempt since Sept. 2014
  • EIN: 46-4576284

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Civil Rights, Social Action, Advocacy / Research Institutes and/or Public Policy Analysis (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$937k (2023)

Expenses
$952k (2023)

Total Assets
$241k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$936,980
Expenses
$952,136
Net Income
-$15,156
Net Assets
$241,149
Notable Sources of Revenue Percent of Total Revenue
Contributions $936,980
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $241,149
Total Liabilities $0
Net Assets $241,149
Compensation
Key Employees and Officers Compensation Related Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0 $0
Chad Adam Heflin (Secretary) $0 $0 $0
Roger Lee Currie Jr (Treasurer) $0 $0 $0
Douglas F Stewart Iii (President) $0 $0 $0
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Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,384,990
Expenses
$1,965,647
Net Income
$419,343
Net Assets
$256,305
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,384,990
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $256,305
Total Liabilities $0
Net Assets $256,305
Compensation
Key Employees and Officers Compensation Related Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0 $0
Chad Adam Heflin (Secretary) $0 $0 $0
Roger Lee Currie Jr (Treasurer) $0 $0 $0
Douglas F Stewart Iii (President) $0 $0 $0
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Document Links

990
Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$292,500
Expenses
$289,201
Net Income
$3,299
Net Assets
-$163,038
Notable Sources of Revenue Percent of Total Revenue
Contributions $292,500
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,463
Total Liabilities $165,501
Net Assets -$163,038
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0 $0
Chad Adam Heflin (Secretary) $0 $0 $0
Roger Lee Currie Jr (Treasurer) $0 $0 $0
Douglas F Stewart Iii (President) $0 $0 $0
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Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$105,000
Expenses
$36,594
Net Income
$68,406
Net Assets
-$166,337
Notable Sources of Revenue Percent of Total Revenue
Contributions $105,000
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $4,164
Total Liabilities $170,501
Net Assets -$166,337
Compensation
Key Employees and Officers Compensation Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0
Chad Adam Heflin (Secretary) $0 $0
Roger Lee Currie Jr (Treasurer) $0 $0
Douglas F Stewart Iii (President) $0 $0
+ View more people

Document Links

990-EZ
Filed on Nov. 15, 2021

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$93,532
Expenses
$60,198
Net Income
$33,334
Net Assets
-$457,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $93,500
100.0%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $32
0.0%
Assets/Debt
Total Assets $20,758
Total Liabilities $478,268
Net Assets -$457,510
Compensation
Key Employees and Officers Compensation Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0
Chad Adam Heflin (Secretary) $0 $0
Roger Lee Currie Jr (Treasurer) $0 $0
Douglas Stewart (President) $0 $0
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Document Links

990-EZ
Filed on July 15, 2020

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$93,518
Expenses
$31,232
Net Income
$62,286
Net Assets
-$490,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $93,518
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $9,924
Total Liabilities $500,768
Net Assets -$490,844
Compensation
Key Employees and Officers Compensation Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0
Chad Adam Heflin (Secretary) $0 $0
Roger Lee Currie Jr (Treasurer) $0 $0
Douglas Stewart (Executive Di) $0 $0
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Document Links

990-EZ
Filed on Nov. 15, 2019

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$35,428
Expenses
$32,973
Net Income
$2,455
Net Assets
-$553,130
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,428
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $2,413
Total Liabilities $555,543
Net Assets -$553,130
Compensation
Key Employees and Officers Compensation Other
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0
Chad Adam Heflin (Secretary) $0 $0
Matthew William Smith Esq (Treasurer) $0 $0
Douglas F Stewart Iii (President) $0 $0
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Document Links

990-EZ
Filed on Nov. 15, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$25,000
Expenses
$13,732
Net Income
$11,268
Net Assets
-$555,585
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,000
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $26,958
Total Liabilities $582,543
Net Assets -$555,585
Compensation
Key Employees and Officers Compensation Other
Douglas F Stewart Iii (President) $0 $0
Hon Thomas Cowart Goolsby Jr Esq (Chairman) $0 $0
Chad Adam Heflin (Secretary) $0 $0
Matthew William Smith Esq (Treasurer) $0 $0
+ View more people

Document Links

990-EZ
Filed on May 15, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$367,739
Expenses
$363,234
Net Income
$4,505
Net Assets
-$566,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $367,712
100.0%
Program Services $0
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,667
1.8%
Assets/Debt
Total Assets $2,341
Total Liabilities $569,194
Net Assets -$566,853

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$100,072
Expenses
$149,419
Net Income
-$49,347
Net Assets
-$571,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $100,000
99.9%
Program Services $0
Investment Income $72
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $38,397
Total Liabilities $609,755
Net Assets -$571,358

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated