ABLE INDUSTRIES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

KEITH STUMP

Phone

5596518150

Tax Period

2024-07-01 to 2025-06-30

ABLE INDUSTRIES, founded in 1962, is a community nonprofit in the Employment sector that reported $4.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $4.4M left a modest 5% surplus.

Mission

TRAINING AND PLACEMENT OF THE DEVELOPMENTALLY DISABLED.

Program Service Accomplishments

Program 1

Expenses: $3,081,693

OUR MISSION IS TO INTEGRATE PEOPLE WITH DISABILITIES INTO THE COMMUNITY BY CREATING PERSON-CENTERED OPPORTUNITIES FOR EMPOWERMENT, INDEPENDENCE, AND EMPLOYMENT. WE OFFER LIFE SKILLS PROGRAMS, JOB...

OUR MISSION IS TO INTEGRATE PEOPLE WITH DISABILITIES INTO THE COMMUNITY BY CREATING PERSON-CENTERED OPPORTUNITIES FOR EMPOWERMENT, INDEPENDENCE, AND EMPLOYMENT. WE OFFER LIFE SKILLS PROGRAMS, JOB TRAINING AND INTERN OPPORTUNITIES, AND COMPETITIVE INTEGRATED EMPLOYMENT PROGRAMS THAT PERMIT TRAINEES THE OPPORTUNITY TO ACQUIRE, DEVELOP, AND REFINE WORK SKILLS AND ATTITUDES IMPORTANT TO INDIVIDUAL VOCATIONAL SUCCESS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $307,305

Program Service Revenue $1,672,563

Investment Income $10,286

Other Revenue $2,596,359

TOTAL REVENUE $4,586,513

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,228,827

Fundraising Expenses $10,627

Program Expenses $3,081,693

Other Expenses $1,144,911

TOTAL EXPENSES $4,373,738

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,586,513	$3,926,632	+0.2%
Expenses	$4,373,738	$3,837,145	+0.1%
Net Income	$212,775	$89,487	+1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

127

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

$108,997

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH STUMP	Executive Dir.	40.00	Officer	$108,997	$0	$108,997
DANNY WRISTEN	Treasurer	0.00	Officer Director	$0	$0	$0
JENNIFER SMITH	Director	0.00	Director	$0	$0	$0
ARISBET RIVERA	President	0.00	Officer Director	$0	$0	$0
DAVID COOMBS	Director	0.00	Director	$0	$0	$0
JASON OSBORN	Vice President	0.00	Officer Director	$0	$0	$0
STETLER BROWN	Secretary	0.00	Officer Director	$0	$0	$0
BROOKE CARMAN	Director	0.00	Director	$0	$0	$0
NICOLE BURNHAM	Director	0.00	Director	$0	$0	$0
NICOLE PHELPS	Director	0.00	Director	$0	$0	$0
TAMI OLSEN	Director	0.00	Director	$0	$0	$0
KELLY VENTURA	Director	0.00	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
2025	$4,586,513	$4,373,738	$7,305,878	$212,775
2024	$3,926,632	$3,837,145	$7,125,412	$89,487
2023	$4,247,282	$4,170,578	$7,019,759	$76,704
2022	$3,817,679	$4,139,772	$4,160,118	$-322,093
2021	$4,655,481	$3,875,614	$4,705,249	$779,867
2020	$4,251,297	$3,909,884	$4,457,094	$341,413
2019	$3,865,641	$3,771,877	$3,501,276	$93,764
2018	$4,079,963	$3,983,695	$3,300,336	$96,268