ABLE INC (EIN 450379352) - 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

1986

Legal Domicile

Principal Officer

MARY ANDERSON

Phone

7014563000

Tax Period

2023-07-01 to 2024-06-30

ABLE INC, founded in 1986, is a mid-sized nonprofit in the Human Services sector that reported $16.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $14.6M left a modest 12% surplus.

Mission

HUMAN SERVICES: SUPPORTING PEOPLE WITH DEVELOPMENTAL DISABILITIES.

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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 $16,345,107

Program Service Revenue $717,162

Investment Income $22,072

Other Revenue $-408,368

TOTAL REVENUE $16,675,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,011,753

Fundraising Expenses $0

Program Expenses $12,837,512

Other Expenses $5,616,992

TOTAL EXPENSES $14,628,745

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,675,973	$15,194,505	+0.1%
Expenses	$14,628,745	$13,610,264	+0.1%
Net Income	$2,047,228	$1,584,241	+0.3%

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

338

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

$290,003

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEAN PEARSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
ART WANNER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHEA MILLER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
SHELLEY FLAGET	DIRECTOR (LEFT AUGUST 2023)	1.00	Director	$0	$0	$0
SUSAN JOSEPHSON	DIRECTOR	1.00	Director	$0	$0	$0
LINDA GREENWOOD	DIRECTOR	1.00	Director	$0	$0	$0
LOIS MYRAN	DIRECTOR	1.00	Director	$0	$0	$0
ALEX THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANDERSON	EXECUTIVE DIRECTOR	40.00	Officer	$130,584	$28,005	$158,589
MICHAEL KLEIN	CFO	40.00	Officer	$106,781	$24,633	$131,414

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
2025	No data	No data	No data	No data
2024	$16,675,973	$14,628,745	$33,291,021	$2,047,228
2023	$15,194,505	$13,610,264	$30,267,018	$1,584,241
2022	$15,131,779	$13,167,254	$28,667,491	$1,964,525
2021	$16,593,018	$13,019,980	$27,235,184	$3,573,038
2020	$14,844,216	$12,732,440	$22,409,121	$2,111,776
2019	$14,346,189	$11,273,186	$16,668,637	$3,073,003

ABLE INC