ABILITY WORKS INC

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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

1974

Legal Domicile

Principal Officer

DOREEN EHLERT

Phone

4196261048

Tax Period

2023-01-01 to 2023-12-31

ABILITY WORKS INC, founded in 1974, is a community nonprofit in the Employment sector that reported $2.7M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $2.6M left a modest 5% surplus.

Mission

ABILITY WORKS, INC. WAS FORMED TO BE THE PROVIDER OF CHOICE FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES SUPPORTING INDEPENDENCE, INCLUSION, AND EMPLOYMENT.

Program Service Accomplishments

Program 1

Expenses: $1,787,915 Revenue: $2,631,507

TO PROVIDE THE HIGHEST QUALITY SUPPORT OPPORTUNITIES THAT ARE RESPECTFUL OF AND RESPONSIVE TO EACH INDIVIDUAL PERSON'S PREFERENCES, NEEDS, AND VALUES.

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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 $40,389

Program Service Revenue $2,631,507

Investment Income $3,041

Other Revenue $43,269

TOTAL REVENUE $2,718,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,635,192

Fundraising Expenses $83,144

Program Expenses $1,787,915

Other Expenses $959,648

TOTAL EXPENSES $2,594,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,718,206	$2,270,460	+0.2%
Expenses	$2,594,840	$2,264,221	+0.1%
Net Income	$123,366	$6,239	+18.8%

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

135

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

$101,334

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOREEN EHLERT	CEO	40.00	Officer	$99,788	$1,546	$101,334
ALAN FUREY	PRESIDENT	1.00	Officer Director	$0	$0	$0
DON KLEIST	TREASURER	1.00	Officer Director	$0	$0	$0
LAURA LAGODNEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JUDINA MARSH	MEMBER	1.00	Director	$0	$0	$0
HANNAH ROMELL	MEMBER	1.00	Director	$0	$0	$0
DEB SUTTER	SECRETARY	1.00	Officer Director	$0	$0	$0
GAVIN SUTTER	MEMBER	1.00	Director	$0	$0	$0
BETSY WILBUR	MEMBER	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	No data	No data	No data	No data
2023	$2,718,206	$2,594,840	$3,823,204	$123,366
2022	$2,270,460	$2,264,221	$3,647,169	$6,239
2021	$2,568,310	$2,048,782	$3,683,201	$519,528
2020	$2,289,993	$1,909,316	$2,857,626	$380,677
2020	$2,470,216	$1,909,316	$3,237,849	$560,900
2019	$2,300,267	$2,287,788	$2,504,141	$12,479
2018	$2,808,379	$2,092,341	$2,471,163	$716,038