ABILITIES NETWORK INC (EIN 526060453) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1964

Legal Domicile

Principal Officer

LYNETTE ELLIOTT

Phone

4108287700

Tax Period

2022-07-01 to 2023-06-30

ABILITIES NETWORK INC, founded in 1964, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $10.3M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $9.8M left a modest 5% surplus.

Mission

TO CULTIVATE INCLUSIVE COMMUNITIES THROUGH RELATIONSHIPS, INNOVATION AND HIGH-QUALITY SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,427,789

Program Service Revenue $6,754,733

Investment Income $112

Other Revenue $83,850

TOTAL REVENUE $10,266,484

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,583,265

Fundraising Expenses $3,350

Program Expenses $9,719,880

Other Expenses $3,182,748

TOTAL EXPENSES $9,766,013

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,266,484	$9,207,272	+0.1%
Expenses	$9,766,013	$8,702,688	+0.1%
Net Income	$500,471	$504,584	0.0%

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

160

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

$306,823

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEETE GARTEN	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL ZUIDEMA	PRESIDENT	1.00	Officer Director	$0	$0	$0
GRANT YUAN	SECRETARY	1.00	Officer Director	$0	$0	$0
KYLE WEADOCK	PRESIDENT ELECT & TREASURER	1.00	Officer Director	$0	$0	$0
SAM COLEMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
CIERRA COLON	BOARD MEMBER	0.25	Director	$0	$0	$0
KAREN COOK	BOARD MEMBER (UNTIL 9/22)	0.25	Director	$0	$0	$0
DEREK DAVIS	BOARD MEMBER	0.25	Director	$0	$0	$0
BYRON DEESE	BOARD MEMBER	0.25	Director	$0	$0	$0
ANDREA DIGIACOMO	BOARD MEMBER	0.25	Director	$0	$0	$0
ANDREW HAHN	BOARD MEMBER	0.25	Director	$0	$0	$0
SAM HODAPP	BOARD MEMBER	0.25	Director	$0	$0	$0
MICHELE LAGANA	BOARD MEMBER	0.25	Director	$0	$0	$0
KARI LAMONT	BOARD MEMBER	0.25	Director	$0	$0	$0
HARA OYEDEJI	BOARD MEMBER	0.25	Director	$0	$0	$0
MAXINE SEIDMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
STEVE STEPHENS II	BOARD MEMBER	0.25	Director	$0	$0	$0
SEAN TANEYHILL	BOARD MEMBER	0.25	Director	$0	$0	$0
ASHLEY WALKER	BOARD MEMBER	0.25	Director	$0	$0	$0
LYNETTE ELLIOTT	CEO	40.00	Officer	$157,995	$5,010	$163,005
KATHY NAVIASKY	COO	40.00	Officer	$139,187	$4,631	$143,818

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	No data	No data	No data	No data
2023	$10,266,484	$9,766,013	$12,850,224	$500,471
2022	$9,207,272	$8,702,688	$12,725,179	$504,584
2021	$7,411,962	$6,686,294	$11,053,437	$725,668
2020	$7,774,341	$7,238,786	$9,184,496	$535,555
2019	$7,973,315	$7,623,673	$6,965,995	$349,642
2018	$8,133,834	$7,900,417	$6,429,405	$233,417

ABILITIES NETWORK INC