ABLE SOLUTIONS INC (EIN 454656229) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

PIETER CASIUS

Phone

5404349586

Tax Period

2023-07-01 to 2024-06-30

ABLE SOLUTIONS INC, founded in 2012, is a community nonprofit in the Employment sector that reported $4.3M in total revenue in fiscal year 2018. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

PROMOTE AND FACILITATE THE EMPLOYMENT AND TRAINING OPPORTUNITIES FOR INDIVIDUALS WHO POSSESS ONE OR MORE BARRIERS TO EMPLOYMENT, PARTICULARLY THOSE INDIVIDUALS WITH PHYSICAL OR MENTAL DISABILITIES AND THOSE INDIVIDUALS WHO ARE ECONOMICALLY DISADVANTAGED OR IMPOVERISHED.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,750

Program Service Revenue $5,666,588

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,695,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,360,209

Fundraising Expenses $4,999

Program Expenses $5,576,618

Other Expenses $2,865,508

TOTAL EXPENSES $6,225,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,695,338	$4,310,570	+0.3%
Expenses	$6,225,717	$4,803,047	+0.3%
Net Income	$-530,379	$-492,477	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

257

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

$357,571

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCY ENGLE	CHAIR	5.00	Officer Director	$0	$0	$0
GARY SHICKEL	VICE-CHAIR	5.00	Officer Director	$0	$0	$0
GARY CALLEO	SECRETARY	5.00	Officer Director	$0	$0	$0
HARRY REIF	TREASURER	5.00	Officer Director	$0	$0	$0
BRIAN SHULL	PAST CHAIR	5.00	Officer Director	$0	$0	$0
PIETER CASIUS	PRESIDENT	25.00	Officer	$0	$25,352	$135,543
AMANDA SIMMONS	CFO	25.00	Officer	$0	$11,572	$112,154
ELIZABETH OTTO	COO	25.00	Officer	$0	$4,328	$109,874

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	$5,695,338	$6,225,717	$1,108,089	$-530,379
2023	$4,310,570	$4,803,047	$1,004,347	$-492,477
2022	$3,659,599	$4,321,936	$1,176,368	$-662,337
2021	$3,707,418	$3,978,180	$1,552,668	$-270,762
2020	$4,697,255	$4,547,333	$1,698,563	$149,922
2019	$4,332,929	$4,211,330	$1,450,301	$121,599

ABLE SOLUTIONS INC