Abilities Inc of Florida (EIN 590874493) - 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

1959

Legal Domicile

Principal Officer

Kenneth Crum

Phone

7275387370

Tax Period

2024-07-01 to 2025-06-30

Abilities Inc of Florida, founded in 1959, is a mid-sized nonprofit in the Employment sector that reported $15.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $14.3M left a modest 10% surplus.

Mission

Abilities, Inc. of Florida provides employment supports and vocational counseling to people with disabilities in Florida and New Hampshire.

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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 $1,607,693

Program Service Revenue $14,005,746

Investment Income $9,000

Other Revenue $261,857

TOTAL REVENUE $15,884,296

Expense Breakdown

Grants Paid $31,348

Salaries & Benefits $12,578,452

Fundraising Expenses $0

Program Expenses $13,108,493

Other Expenses $1,669,718

TOTAL EXPENSES $14,279,518

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,884,296	$14,644,177	+0.1%
Expenses	$14,279,518	$13,088,936	+0.1%
Net Income	$1,604,778	$1,555,241	+0.0%

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

260

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

$2,030,503

Total Directors

Key Employees

$290,737

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Petersen	Chair	0.40	Officer Director	$0	$0	$0
William Warnecki	Chair Elect	0.40	Officer Director	$0	$0	$0
Hector Velez	Vice Chair	0.40	Officer Director	$0	$0	$0
Frank Burke	Treasurer	0.40	Officer Director	$0	$0	$0
Michael Walsh	Past Chair	0.40	Officer Director	$0	$0	$0
Joseph Ashley	Director	0.40	Director	$0	$0	$0
Kristen Chou	Director	0.40	Director	$0	$0	$0
Weyher Dawson	Director	0.40	Director	$0	$0	$0
Mark Diorio	Director	0.40	Director	$0	$0	$0
Joanne Finnigan	Director	0.40	Director	$0	$0	$0
Patricia Harrison	Director	0.40	Director	$0	$0	$0
Juliet Hatchett	Director	0.40	Director	$0	$0	$0
Brandt Wood	Director	0.40	Director	$0	$0	$0
Bruce Patterson	President/CEO	4.00	Officer	$56,381	$41,830	$668,285
Lisa Ward	Executive Vice President	3.00	Officer	$26,380	$45,039	$374,780
Nathaniel Hoover	Chief Financial Officer	5.00	Officer	$45,099	$1,962	$377,786
Kenneth Crum	Chief Operating Officer	5.00	Officer	$42,829	$44,042	$400,955
Matthew Motko	Executive Director	36.00	Officer	$157,118	$34,121	$208,697
Andrew Rind	EVP-Program Services	7.00	Key Emp	$46,165	$34,270	$290,737
Dennis Dapolito	EVP-Business Development	5.00	Highest	$35,889	$37,332	$336,399
Lisa Long	EVP-IT	5.00	Highest	$35,409	$19,462	$314,540
Swati Aneja	EVP-HR	5.00	Highest	$32,760	$41,342	$314,344
Soma Bakhtari	VP-IT	5.00	Highest	$26,394	$34,245	$254,193
John Angerer	VP-Risk & Compliance	5.00	Highest	$24,367	$37,137	$240,195

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	$15,884,296	$14,279,518	$13,489,178	$1,604,778
2024	$14,644,177	$13,088,936	$11,422,152	$1,555,241
2023	$11,975,063	$12,417,668	$9,330,828	$-442,605
2022	$12,363,414	$11,698,904	$8,593,004	$664,510
2021	$14,700,926	$12,732,482	$9,068,040	$1,968,444
2020	$14,600,124	$12,240,526	$6,745,441	$2,359,598
2019	$13,516,374	$12,814,986	$8,815,045	$701,388

Abilities Inc of Florida