CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOUNDLESS ABILITIES, founded in 2019, is a small nonprofit in the Human Services sector that reported $200K in total revenue in fiscal year 2021. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $44K, a strong 22% operating margin.
TO PROVIDE MEANINGFUL EMPLOYMENT OPPORTUNITIES TO THE INTELLECTUALLY OR DEVELOPMENTALLY DISABLED (IDD) POPULATION. IN FURTHERANCE OF ITS MISSION, THE ORGANIZATION WILL OPERATE A THRIFT RESALE STORE AND WILL FOCUS ON FINDING EMPLOYMENT OPPORTUNITIES FOR THE IDD COMMUNITY.
DEVELOPMENT OF SUPPORTED EMPLOYMENT INCUBATOR SITES: IN AN EFFORT TO PREPARE INDIVIDUALS FOR COMPETITIVE INTEGRATED, EMPLOYMENT INCUBATOR SITES WERE CREATED TO ASSIST IN SKILL BUILDING AND PREFERENCE...
DEVELOPMENT OF SUPPORTED EMPLOYMENT INCUBATOR SITES: IN AN EFFORT TO PREPARE INDIVIDUALS FOR COMPETITIVE INTEGRATED, EMPLOYMENT INCUBATOR SITES WERE CREATED TO ASSIST IN SKILL BUILDING AND PREFERENCE DEVELOPMENT. THIS INCLUDES, BUT NOT LIMITED TO, TECHNOLOGY DEVICES, JOB-SPECIFIC TRAININGS, AND JOB CARVING TOOLS.
STAFF TRAINING AND BUSINESS CONSORTIUM DEVELOPMENT: AS BOUNDLESS ABILITIES MOVE INTO THE NEW ERA OF "COMPETITIVE INTEGRATED EMPLOYMENT" THE IMPORTANCE OF ADDITIONAL TRAINING AND BUSINESS PARTNERSHIPS...
STAFF TRAINING AND BUSINESS CONSORTIUM DEVELOPMENT: AS BOUNDLESS ABILITIES MOVE INTO THE NEW ERA OF "COMPETITIVE INTEGRATED EMPLOYMENT" THE IMPORTANCE OF ADDITIONAL TRAINING AND BUSINESS PARTNERSHIPS EMERGED. THE ORGANIZATION HAS BEEN ABLE TO DEVELOP A CONSORTIUM OF 50+ COMPANIES THROUGHOUT NORTH CAROLINA THAT CONNECT AND COMMUNICATE IN WAYS THAT CREATE JOB OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES. THE CERTIFICATIONS AND TRAININGS CONTINUE TO ASSIST IN THE DEVELOPMENT OF JOB COACHES AND JOB CARVING OPPORTUNITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $199,702 | $461,874 | -0.6% |
| Expenses | $155,655 | $308,987 | -0.5% |
| Net Income | $44,047 | $152,887 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DOUG FINLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNY CARRINGTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN NATALE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAHEED SAUNDERS | EXECUTIVE DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| COLIN CLARK | VP/TREASURER/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $199,702 | $155,655 | $276,598 | $44,047 |
| 2020 | $461,874 | $308,987 | $300,832 | $152,887 |
| 2019 | $295,995 | $241,769 | $81,323 | $54,226 |
Compare BOUNDLESS ABILITIES with other nonprofits in North Carolina and across the country.