ABLE WORKS (EIN 202175098) - 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

2005

Legal Domicile

Principal Officer

John Liotti

Phone

6503281890

Tax Period

2023-10-01 to 2024-09-30

ABLE WORKS, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023.

Mission

ABLE WORKS EQUIPS INDIVIDUALS WITH FINANCIAL EDUCATION, LIFE SKILLS AND ASSETS THAT ENABLE THEM TO LIVE FREE FROM OPPRESSION AND POVERTY

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,370,674

Program Service Revenue $435,732

Investment Income $32,315

Other Revenue $30,547

TOTAL REVENUE $1,869,268

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,512,569

Fundraising Expenses $186,441

Program Expenses $1,530,888

Other Expenses $478,604

TOTAL EXPENSES $1,991,173

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,869,268	$1,745,479	+0.1%
Expenses	$1,991,173	$1,639,925	+0.2%
Net Income	$-121,905	$105,554	-2.2%

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

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

$134,987

Total Directors

$134,987

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN LIOTTI	CEO	60	Officer Director	$134,987	$0	$134,987
ADRIANA MICHEL	CHAIRPERSON	8	Officer Director	$0	$0	$0
MICHELLE GOUREAUX	CO-CHAIRPERSON	2	Officer Director	$0	$0	$0
KARL WELCH	DIRECTOR	2	Director	$0	$0	$0
JJ SCHNEIDER	DIRECTOR	2	Director	$0	$0	$0
MICHAEL DAVID	DIRECTOR	2	Director	$0	$0	$0
JAY CHUNG	SECRETARY	2	Director	$0	$0	$0
RODRIGO ORTEGO	DIRECTOR	2	Director	$0	$0	$0
SETH DICKSON	TREASURER	2	Director	$0	$0	$0
NANCY ORTBERG	DIRECTOR	2	Director	$0	$0	$0
ANINA TWEED	DIRECTOR	2		$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	$1,869,268	$1,991,173	$1,107,113	$-121,905
2023	$1,745,479	$1,639,925	$1,201,847	$105,554
2022	$1,671,590	$2,167,702	$1,136,349	$-496,112
2021	$1,976,976	$1,914,585	$1,828,250	$62,391
2020	$2,300,213	$1,576,857	$1,719,825	$723,356
2019	$1,171,704	$1,290,033	$1,232,055	$-118,329
2018	$1,047,499	$1,001,743	$1,336,923	$45,756

ABLE WORKS