CAPE ABILITIES INC (EIN 042453166) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

KIM MCELHOLM

Phone

5087785040

Tax Period

2022-07-01 to 2023-06-30

CAPE ABILITIES INC, founded in 1968, is a mid-sized nonprofit in the Human Services sector that reported $22.7M in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year. Expenses of $22.0M left a modest 3% surplus.

Mission

TRAINING & JOB PLACEMENT AND RESIDENT SERVICES TO DISABLED ADULTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $17,704,833

Program Service Revenue $4,046,151

Investment Income $55,762

Other Revenue $911,712

TOTAL REVENUE $22,718,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,447,173

Fundraising Expenses $480,954

Program Expenses $19,296,241

Other Expenses $5,529,092

TOTAL EXPENSES $21,976,265

Year-over-Year Comparison

	2022	2021	Change
Revenue	$22,718,458	$28,379,613	-0.2%
Expenses	$21,976,265	$23,426,809	-0.1%
Net Income	$742,193	$4,952,804	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

362

Volunteers

120

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$172,115

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARION E BROIDRICK	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MOLLY KARLSON	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
JOHN N CITRON	TREASURER	2.00	Officer Director	$0	$0	$0
NANCY LOWERY	SECRETARY	2.00	Officer Director	$0	$0	$0
BARBARA AREL	DIRECTOR	2.00	Director	$0	$0	$0
MANDEE BLAIR	DIRECTOR	2.00	Director	$0	$0	$0
SHARON BURGESS	DIRECTOR	2.00	Director	$0	$0	$0
ANNMARIE BARRETT CHANG	DIRECTOR	2.00	Director	$0	$0	$0
JANET CURTIS	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD HOYT	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN KENNER	DIRECTOR	2.00	Director	$0	$0	$0
SUZANNE LOWENSOHN	DIRECTOR	2.00	Director	$0	$0	$0
RICK O'CONNOR	DIRECTOR	2.00	Director	$0	$0	$0
JUDGE JAMES TORNEY	DIRECTOR	2.00	Director	$0	$0	$0
LARRY THAYER	DIRECTOR	2.00	Director	$0	$0	$0
KIM MCELHOLM	PRESIDENT/CEO	40.00	Officer	$154,423	$17,692	$172,115
THOM MUAL	CFO	40.00	Officer	$0	$0	$0
NADINE GRAY-HENRY	DIRECT SUPPORT PROFESSIONAL	40.00	Highest	$159,383	$1,040	$160,423
DONNA LINARES	DIRECT SUPPORT PROFESSIONAL	40.00	Highest	$135,412	$1,040	$136,452
MELISSA LANOUE	DIRECT SUPPORT PROFESSIONAL	40.00	Highest	$132,227	$11,516	$143,743
COURTNEY PESSINI	DIRECT SUPPORT PROFESSIONAL	40.00	Highest	$130,749	$14,116	$144,865
ANNETTE ANNE MARIE MURPHY	LEAD DIRECT SUPPORT PROFESSIONAL	40.00	Highest	$130,705	$18,031	$148,736

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$22,718,458	$21,976,265	$18,827,188	$742,193
2022	$28,379,613	$23,426,809	$17,739,722	$4,952,804
2021	$22,800,170	$22,279,556	$12,771,436	$520,614
2020	$21,098,655	$21,101,288	$14,199,373	$-2,633
2019	$20,332,555	$20,049,587	$12,697,643	$282,968
2018	$19,685,240	$19,203,757	$12,929,767	$481,483

CAPE ABILITIES INC