ABILITY BUILDING CENTER INC (EIN 410829178) - 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

1956

Legal Domicile

Principal Officer

SARAH TIMMERMAN

Phone

5072816262

Tax Period

2024-01-01 to 2024-12-31

ABILITY BUILDING CENTER INC, founded in 1956, is a mid-sized nonprofit in the Employment sector that reported $13.3M in total revenue in fiscal year 2024. Expenses of $12.9M left a modest 3% surplus.

Mission

THE MISSION OF ABILITY BUILDING CENTER IS TO PROVIDE SERVICES FOR INDIVIDUALS WITH DISABILITIES THROUGH COMMUNITY INCLUSION.

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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 $498,022

Program Service Revenue $12,544,466

Investment Income $87,604

Other Revenue $180,366

TOTAL REVENUE $13,310,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,772,977

Fundraising Expenses $315,945

Program Expenses $11,110,287

Other Expenses $3,087,550

TOTAL EXPENSES $12,860,527

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,310,458	$13,465,984	0.0%
Expenses	$12,860,527	$12,464,288	+0.0%
Net Income	$449,931	$1,001,696	-0.6%

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

372

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

$128,893

Total Directors

$128,893

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS DAVEY	AT LARGE	5.00	Officer Director	$0	$0	$0
BRAD ANDERSON	VICE PRESIDENT / TREASURER	40.00	Officer Director	$0	$0	$0
MICHAEL O'BRIEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRANDACE WITHERSPOON	SECRETARY	1.00	Director	$0	$0	$0
JEFF SMIGIELSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY TOLLEFSRUD	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACY SCHRAMM	BOARD MEMBER	1.00	Director	$0	$0	$0
COURTNEY SEBO SAVICA	PRESIDENT	5.00	Officer Director	$0	$0	$0
JENNIFER SIMPSON	AT LARGE	5.00	Officer Director	$0	$0	$0
SHERRY IRVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC CROCKETT	BOARD MEMBER	1.00	Director	$0	$0	$0
ALISHA JANSSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB ALBERTS	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE HOBBS	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH TIMMERMAN	EXECUTIVE DIRECTOR	40.00	Officer Director	$128,893	$0	$128,893

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	$13,310,458	$12,860,527	$8,964,163	$449,931
2023	$13,465,984	$12,464,288	$8,300,055	$1,001,696
2022	$11,588,103	$11,226,838	$6,849,759	$361,265
2021	$10,721,027	$10,446,761	$7,763,544	$274,266
2020	$9,837,854	$9,868,082	$7,149,185	$-30,228
2019	$13,027,138	$12,912,292	$6,337,336	$114,846
2018	$12,365,165	$12,276,891	$5,861,012	$88,274

ABILITY BUILDING CENTER INC