ABILITY CONNECTION TEXAS (EIN 750875525) - 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

1953

Legal Domicile

Principal Officer

LAURA MAHALEY

Phone

2143512500

Tax Period

2023-07-01 to 2024-06-30

ABILITY CONNECTION TEXAS, founded in 1953, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $12.8M in total revenue in fiscal year 2023. Expenses of $14.2M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION OF ABILITY CONNECTION IS TO ENRICH THE LIVES OF PEOPLE WITH DISABILITIES ONE PERSON AT A TIME. THE CORNERSTONE OF OUR PROGRAMS ARE THE CORE VALUES OF COMPASSION, RESPECT AND RESULTS THROUGH A PERSONALIZED APPROACH TO ADDRESS EACH MEMBER'S INDIVIDUAL PERSONAL GOALS. ABILITY CONNECTION'S MEMBERS ARE INDIVIDUALS WITH SKILLS, PASSIONS, INTERESTS, HUMOR, CREATIVITY, DIGNITY AND DETERMINATION, AND OUR EXPERIENCED AND DEDICATED EMPLOYEES AND VOLUNTEERS WORK HARD TO EMPOWER THEM TO LIVE THEIR BEST LIFE POSSIBLE BY REMOVING BARRIERS THAT INHIBIT INDEPENDENCE AND AUTONOMY.

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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 $11,317,156

Program Service Revenue $1,170,426

Investment Income $322,481

Other Revenue $-40,499

TOTAL REVENUE $12,769,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,140,744

Fundraising Expenses $371,990

Program Expenses $12,025,402

Other Expenses $8,069,421

TOTAL EXPENSES $14,210,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,769,564	$12,484,493	+0.0%
Expenses	$14,210,165	$14,504,203	0.0%
Net Income	$-1,440,601	$-2,019,710	-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

203

Volunteers

400

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

$157,965

Total Directors

$157,965

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT B CAVANAUGH	DIRECTOR	1.00	Director	$0	$0	$0
JIM FRANCIS	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
JAMES FRANCIS	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE FRANCIS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MEAD	DIRECTOR	1.00	Director	$0	$0	$0
DONALD A LAIDLAW	SECRETARY	1.00	Officer Director	$0	$0	$0
P MIKE MCCULLOUGH	DIRECTOR	1.00	Director	$0	$0	$0
JIM HANOPHY	PRESIDENT/CEO	40.00	Officer Director	$157,965	$0	$157,965
GARY ROBERTS	TREASURER	1.00	Officer Director	$0	$0	$0
LANE SELIGER	DIRECTOR	1.00	Director	$0	$0	$0
JACK WOODWORTH	CHAIR	1.00	Officer Director	$0	$0	$0
JEFF WOODWORTH	DIRECTOR	1.00	Director	$0	$0	$0
JAN PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
ANNA WORTHAM	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CREME	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN HAWK	DIRECTOR	1.00	Director	$0	$0	$0
KARA SEWELL	DIRECTOR	1.00	Director	$0	$0	$0
MERRY MUNSON WYATT	EX-OFFICIO	1.00	Director	$0	$0	$0
HAYDEN HANSON	DIRECTOR	1.00	Director	$0	$0	$0
TONY CREME	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN TATE RINGER	DIRECTOR	1.00	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
2024	$12,769,564	$14,210,165	$8,402,975	$-1,440,601
2023	$12,484,493	$14,504,203	$9,427,907	$-2,019,710
2022	$15,388,816	$13,310,026	$5,821,548	$2,078,790
2021	$12,915,161	$11,888,218	$4,601,527	$1,026,943
2020	$9,915,421	$10,656,912	$3,405,387	$-741,491
2018	$11,446,828	$11,992,499	$4,290,304	$-545,671

ABILITY CONNECTION TEXAS