BEYOND ABLE INC (EIN 883724515) - 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

2022

Legal Domicile

Principal Officer

STACEY E SMITH

Phone

2604790122

Tax Period

2024-01-01 to 2024-12-31

BEYOND ABLE INC, founded in 2022, is a small nonprofit in the Education sector that reported $197K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $56K, a strong 29% operating margin.

Mission

BEYOND ABLE IS A FORT WAYNEBASED NONPROFIT ORGANIZATION THAT DEVELOPS INNOVATIVE PROGRAMS OFFERING CAREER TRAINING AND MENTORSHIP TO DISADVANTAGED YOUNG ADULTS IN OUR COMMUNITY. OUR PROGRAMS EXPLORE NEW, EVER-EVOLVING WAYS TO ENGAGE AND POSITIVELY IMPACT OUR STUDENTS WHILE HELPING THEM BUILD AND TRANSLATE THEIR SKILLS TOWARD PERSONAL, COMMUNITY AND ECONOMIC SUCCESS. THROUGH OUR PROGRAMS, DISADVANTAGED YOUTH WILL DEVELOP THE SOFT SKILLS SUCH AS RESILIENCY, PERSEVERANCE, TIME MANAGEMENT, TEAMWORK AND CREATIVITY THAT UNDERPIN SUCCESS IN SCHOOL AS WELL AS IN LIFE AND WORK.

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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 $185,302

Program Service Revenue $0

Investment Income $0

Other Revenue $11,630

TOTAL REVENUE $196,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,334

Fundraising Expenses $3,190

Program Expenses $86,587

Other Expenses $81,227

TOTAL EXPENSES $140,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,932	$170,610	+0.2%
Expenses	$140,561	$174,351	-0.2%
Net Income	$56,371	$-3,741	-16.1%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STACEY E SMITH	PRESIDENT	2.00	Officer Director	$0	$0	$0
AMBER R SMITH	VP/SECRETARY	2.00	Officer Director	$0	$0	$0
PAT M SIDEY	TREASURER	2.00	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
2024	$196,932	$140,561	$159,128	$56,371

BEYOND ABLE INC