ABILITIES FIRST INC (EIN 141467427) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

KIM RYDER

Phone

8454859803

Tax Period

2024-01-01 to 2024-12-31

ABILITIES FIRST INC, founded in 1962, is a mid-sized nonprofit in the Employment sector that reported $45.8M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $43.9M left a modest 4% surplus.

Mission

THE AGENCY'S MISSION IS TO PROVIDE PEOPLE WITH DISABILITIES AND THEIR FAMILIES SUPPORT TO ATTAIN INDEPENDENCE, SELF-DETERMINATION, INTEGRATION AND ACCEPTANCE BY OTHERS THROUGH EDUCATION, EXPLORATION AND EXPERIENCE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $469,805

Program Service Revenue $44,607,005

Investment Income $213,729

Other Revenue $494,969

TOTAL REVENUE $45,785,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,214,354

Fundraising Expenses $0

Program Expenses $38,196,443

Other Expenses $11,693,476

TOTAL EXPENSES $43,907,830

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,785,508	$38,416,064	+0.2%
Expenses	$43,907,830	$38,565,374	+0.1%
Net Income	$1,877,678	$-149,310	-13.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

851

Volunteers

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

$991,328

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY CASSIELLO	CHAIR	2.00	Officer Director	$0	$0	$0
MIKE OATES	VICE CHAIR	2.00	Officer Director	$0	$0	$0
STEVEN HOWELL	TREASURER	2.00	Officer Director	$0	$0	$0
JESSICA GLASS	SECRETARY	2.00	Officer Director	$0	$0	$0
VINCENT ABBRUZZESE	BOARD MEMBER	2.00	Director	$0	$0	$0
MATTHEW SAIDMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JANET GIANNETTA	BOARD MEMBER	2.00	Director	$0	$0	$0
PAUL SERES	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRIS GILBERT	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD KOLOSKY	BOARD MEMBER	2.00	Director	$0	$0	$0
MOUJALLI HOURANI	BOARD MEMBER	2.00	Director	$0	$0	$0
DON MINICHINO	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM VAN ORNUM	BOARD MEMBER	2.00	Director	$0	$0	$0
GLEN HELLER	BOARD MEMBER	2.00	Director	$0	$0	$0
RACHANA TYAGI	MEMBER AT LARGE	2.00	Director	$0	$0	$0
DEEPAK VASHISHT	BOARD MEMBER	2.00	Director	$0	$0	$0
PAMELA GUNTHER	BOARD MEMBER	2.00	Director	$0	$0	$0
JEFFERY FOX	CHIEF EXECUTIVE OFFICER	36.00	Officer	$317,009	$48,627	$365,636
MARK NACE	CHIEF PROGRAM OFFICER	40.00	Officer	$200,808	$39,554	$240,362
KELLY MARTINEZ	CHIEF ADMIN OFFICER	40.00	Officer	$181,966	$28,064	$210,030
KIM RYDER	CHIEF FINANCE OFFICER	40.00	Officer	$154,065	$21,235	$175,300
GAIL ARMSTRONG	DIRECTOR OF NURSING	40.00	Highest	$109,647	$18,247	$127,894
CHERYL OGLES	BENEFITS COORDINATOR	40.00	Highest	$120,438	$39,619	$160,057
LISA BRESSETTE	DIRECTOR OF HUMAN RESOURCES	40.00	Highest	$113,164	$34,651	$147,815
MARCY HANDLER	DIRECTOR OF GRANTS	40.00	Highest	$108,298	$18,565	$126,863
DONOVAN ASHE	DIRECTOR OF RESIDENTIAL SERVICES	40.00	Highest	$106,739	$37,375	$144,114

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
2024	No data	No data	No data	No data
2024	$45,785,508	$43,907,830	$33,795,251	$1,877,678
2023	$38,416,064	$38,565,374	$27,452,276	$-149,310
2022	$43,215,118	$41,038,567	$29,141,768	$2,176,551
2021	$31,921,071	$33,577,848	$16,621,402	$-1,656,777
2020	$36,146,519	$32,612,470	$21,286,855	$3,534,049
2019	$37,588,228	$37,690,456	$18,178,650	$-102,228
2018	$36,255,788	$35,944,767	$17,003,148	$311,021

ABILITIES FIRST INC