N-ABLETEK INC

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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

2020

Legal Domicile

Principal Officer

RENE BURKE

Phone

9419610801

Tax Period

2024-07-01 to 2025-06-30

N-ABLETEK INC, founded in 2020, is a small nonprofit that reported $515K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO HELP FLORIDAS SPECIAL NEEDS COMMUNITY ENJOY THE TRANSFORMATIVE POWER OF TECHNOLOGY.

Program Service Accomplishments

Program 1

Expenses: $388,438 Revenue: $500,000

WE IDENTIFY ADULTS AND CHILDREN WITH COGNITIVE DISABLITIES WHO CAN BENEFIT FROM SUPPORT TECHNOLOGY THAT CAN INCREASE THEIR INDEPENDENCE, PROVIDE THEM WITH HARDWARE AND COGNITIVE-DESIGNED SOFTWARE...

WE IDENTIFY ADULTS AND CHILDREN WITH COGNITIVE DISABLITIES WHO CAN BENEFIT FROM SUPPORT TECHNOLOGY THAT CAN INCREASE THEIR INDEPENDENCE, PROVIDE THEM WITH HARDWARE AND COGNITIVE-DESIGNED SOFTWARE, AND TRAIN THEM ON ITS USE, FREE OF CHARGE.

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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 $500,000

Program Service Revenue $0

Investment Income $14,542

Other Revenue $0

TOTAL REVENUE $514,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,962

Fundraising Expenses $0

Program Expenses $388,438

Other Expenses $213,260

TOTAL EXPENSES $505,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$514,542	$544,905	-0.1%
Expenses	$505,222	$400,149	+0.3%
Net Income	$9,320	$144,756	-0.9%

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

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

Total Directors

Key Employees

$58,754

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENE BURKE	PRESIDENT	5.00	Officer Director	$0	$0	$0
RICHARD RIZZUTTO	TREASURER	5.00	Officer Director	$0	$0	$0
JULIET DUGGAN	DIRECTOR	5.00	Director	$0	$0	$0
RENE BURKE	EXECUTIVE DIRECTOR	20.00	Key Emp	$58,754	$0	$58,754
NATALIE ARBELAEZ	SECRETARY	5.00	Officer 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	$514,542	$505,222	$894,658	$9,320
2024	$544,905	$400,149	$878,417	$144,756
2023	$560,931	$427,345	$719,133	$133,586
2022	$560,235	$262,962	$589,340	$297,273
2021	$560,000	$282,521	$291,127	$277,479