ABILITIES UNLIMITED OF HOT SPRINGS ARKANSAS INC

EIN: 710333344 501(c)(3) Employment

HOT SPRINGS, AR

Total Revenue
$5,050,418
Total Expenses
$4,539,073
Total Assets
$7,014,339
Net Assets
$6,063,965
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
AR
Principal Officer
BEVERLY JOE
Phone
5017678400
Tax Period
2024-07-01 to 2025-06-30

ABILITIES UNLIMITED OF HOT SPRINGS ARKANSAS INC, founded in 1966, is a community nonprofit in the Employment sector that reported $4.9M in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year. Expenses of $4.7M left a modest 4% surplus.

Mission

HABILITATIVE JOB TRAINING FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,751,067
Program Service Revenue $3,140,380
Investment Income $149,759
Other Revenue $9,212
TOTAL REVENUE $5,050,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,371,259
Fundraising Expenses $0
Program Expenses $4,186,567
Other Expenses $3,167,814
TOTAL EXPENSES $4,539,073

Year-over-Year Comparison

2024 2023 Change
Revenue $5,050,418 $4,450,601 +0.1%
Expenses $4,539,073 $4,114,687 +0.1%
Net Income $511,345 $335,914 +0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
164
Volunteers
N/A

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
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM BODEMANN DIRECTOR N/A
Director
$0 $0 $0
TOM FRENCH DIRECTOR N/A
Director
$0 $0 $0
BOB HEUSEL DIRECTOR N/A
Director
$0 $0 $0
LJ HINES DIRECTOR N/A
Director
$0 $0 $0
MIKE JARED DIRECTOR N/A
Director
$0 $0 $0
BEVERLY JOE PRESIDENT N/A
Officer Director
$0 $0 $0
MICHAEL MAHAN DIRECTOR N/A
Director
$0 $0 $0
SUSAN ALDRIDGE MAY SECRETARY N/A
Officer Director
$0 $0 $0
BOBBY MCGEHEE DIRECTOR N/A
Director
$0 $0 $0
VICKI RIMA DIRECTOR N/A
Director
$0 $0 $0
GINA ROCKWELL DIRECTOR N/A
Director
$0 $0 $0
LARRY SANDERS DIRECTOR N/A
Director
$0 $0 $0
CHRIS SKRIVANOS TREASURER N/A
Director
$0 $0 $0
JIM STREET DIRECTOR N/A
Director
$0 $0 $0
SAVANNAH STUART DIRECTOR N/A
Director
$0 $0 $0
LES WARREN VICE PRESIDE N/A
Officer Director
$0 $0 $0
NICK WINDLE DIRECTOR N/A
Director
$0 $0 $0
DEE YATES DIRECTOR N/A
Director
$0 $0 $0
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 $5,050,418 $4,539,073 $7,014,339 $511,345
2024 $4,450,601 $4,114,687 $6,596,537 $335,914
2023 $3,838,566 $3,743,151 $6,324,448 $95,415
2022 $5,115,897 $4,895,476 $5,854,047 $220,421
2021 $5,469,196 $4,877,691 $5,200,042 $591,505
2020 $4,131,927 $4,072,032 $4,868,718 $59,895
2019 $4,878,733 $4,670,560 $4,653,733 $208,173
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