ABLE2 ENHANCING POTENTIAL INC (EIN 161091767) - 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

1950

Legal Domicile

Principal Officer

WILLIAM C WASSERMAN

Phone

6077347107

Tax Period

2024-01-01 to 2024-12-31

ABLE2 ENHANCING POTENTIAL INC, founded in 1950, is a mid-sized nonprofit that reported $14.5M in total revenue in fiscal year 2024. Expenses of $13.7M left a modest 6% surplus.

Mission

THE AGENCY PROVIDES SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES, INCLUDING RESIDENTIAL, DAY PROGRAM AND COMMUNITY HABILITATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $221,110

Program Service Revenue $13,872,258

Investment Income $195,291

Other Revenue $225,669

TOTAL REVENUE $14,514,328

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,324,698

Fundraising Expenses $9,928

Program Expenses $11,708,992

Other Expenses $4,377,927

TOTAL EXPENSES $13,702,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,514,328	$15,073,210	0.0%
Expenses	$13,702,625	$14,257,272	0.0%
Net Income	$811,703	$815,938	0.0%

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

253

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

$277,153

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEISA ALGER	CHIEF EXECUTIVE OFFICER	0.00	Officer	$0	$12,210	$164,818
DONALD HILFIGER	CHIEF FINANCIAL OFFICER	0.00	Officer	$0	$13,225	$112,335
AARON ALSHEIMER	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
KAREN COMER	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
RITA MCCABE	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL BATTERSBY	TREASURER	2.00	Officer Director	$0	$0	$0
ABBY CARR	DIRECTOR	1.00	Director	$0	$0	$0
AMY WHITE MD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN C KOHENA	DIRECTOR	1.00	Director	$0	$0	$0
KELLY SQUIRES	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN HANSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID H EICHENAUER	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN GAGE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN QUALEY	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA STANTON	DIRECTOR	1.00	Director	$0	$0	$0
GLENN CASEY MALLOW	DIRECTOR	1.00	Director	$0	$0	$0

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	$14,514,328	$13,702,625	$15,629,585	$811,703
2023	$15,073,210	$14,257,272	$14,837,236	$815,938
2022	$16,965,494	$16,560,674	$13,781,090	$404,820
2021	$15,736,211	$14,222,798	$14,514,090	$1,513,413
2020	$14,931,877	$14,670,669	$14,924,808	$261,208
2019	$14,966,248	$14,650,355	$11,953,563	$315,893
2018	$14,215,485	$13,835,414	$11,699,394	$380,071

ABLE2 ENHANCING POTENTIAL INC