American Bankruptcy Institute
American Bankruptcy Institute reported $11.0 million in revenue and $11.6 million in expenses for calendar year 2024. Of every $100 it spent, $69.18 went to program services, $28.14 to management and general costs and $2.68 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.0% of the total. The highest compensation it reported for one person was $481,644 (EXECUTIVE DIRECTOR). 16 people received more than $100,000 in reportable compensation. Revenue rose 12% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 28.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 2.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $481,644 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.16% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 16 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 64 of 64 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseConferences and meetings: abi holds two national membership meetings and many regional conferences throughout the year. These meetings offer a concentrated opportunity for the exchange of ideas, discussions of findings among colleagues, and continuing legal education
Publications and other sales: abi produces various publications and journals that represent its commitment to the ongoing enhancement of quality education on insolvency topics. Additionally, abi maintains a comprehensive internet site covering insolvency issues and providing instant updates on legislation, new filings, supreme court cases, bankruptcy filing statistics, and daily bankruptcy news
Membership services: abi provides ongoing services to its members in order to provide a broad, in-depth resource of insolvency issues and related services
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $448,143 | $0 | $33,501 | $481,644 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $290,099 | $0 | $22,173 | $312,272 |
| DIRECTOR OF MARKETING Highest compensated employee, 40.00 hrs/week | $204,404 | $0 | $12,840 | $217,244 |
| DIRECTOR OF SOFTWARE ENGINEERING Key employee, 40.00 hrs/week | $186,680 | $0 | $17,778 | $204,458 |
| DIRECTOR OF MEMBERSHIP Highest compensated employee, 40.00 hrs/week | $189,576 | $0 | $12,331 | $201,907 |
| CONFERENCE DIRECTOR Highest compensated employee, 40.00 hrs/week | $175,628 | $0 | $21,834 | $197,462 |
| DIRECTOR OF COMMS Highest compensated employee, 40.00 hrs/week | $160,373 | $0 | $25,877 | $186,250 |
| PUBLIC AFFAIRS OFFICER Highest compensated employee, 40.00 hrs/week | $167,347 | $0 | $17,100 | $184,447 |
16 people received more than $100,000 in reportable compensation from American Bankruptcy Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $998K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b64 · 64 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 539
- Volunteers Part I, line 6100
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ADVANCED COMMUNITIES LTD Salesforce consulting | $484,217 |
| VISION CREATIVE Audio/video production | $446,573 |
| SC&H GROUP INC Accounting services | $288,526 |
| SALESFORCECOM INC Crm software | $202,041 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to American Bankruptcy Institute totaling $4,025 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from American Bankruptcy Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for American Bankruptcy Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 American Bankruptcy Institute spent in 2024, $69.18 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- St Richard's Episcopal SchoolIndianapolis, IN · revenue $11M · programs 73.3% · FY2025
- Knowledge Enlightens YouHayward, CA · revenue $11M · programs 84.1% · FY2025
- Opportunity Charter SchoolNew York, NY · revenue $11M · programs 88.5% · FY2025
- South Carolina Acceleration AcademiesNorth Charleston, SC · revenue $11M · programs 48.4% · FY2025
- Hillsborough College FoundationTampa, FL · revenue $11M · programs 92.4% · FY2026
Questions people ask
How much of American Bankruptcy Institute's spending goes to programs?
In calendar year 2024, American Bankruptcy Institute reported that 69.2% of its $11.6 million in expenses went to program services, 28.1% to management and general and 2.7% to fundraising (Form 990, Part IX).
How much does American Bankruptcy Institute pay its top executive?
The largest total compensation American Bankruptcy Institute reported for one person in calendar year 2024 was $481,644, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does American Bankruptcy Institute get its money?
Of $11.0 million in revenue in calendar year 2024, 2.1% came from contributions and grants and 93.0% from program service revenue (Form 990, Part VIII).
Is American Bankruptcy Institute a registered charity?
The IRS lists EIN 52-1295453 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202532959349301218 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202432839349300833 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303149349303800 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349306026 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113059349302061 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003219349323090 · read the filing
All filings for EIN 52-1295453: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.