Abilities Inc

Nonprofit profile at a glance

EIN
111710419
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Albertson, NY, USA
Phone
5164651400
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$7,525,196
Expenses
$7,544,434
Assets
$2,579,221
Liabilities
$398,367

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Dr Christopher Rosa pd by TVC (President)

Highest reported compensation

  • Dr Christopher Rosa pd by TVC (President): $481,964 total reported compensation
  • Sheryl P Buchel pd by Viscardi Ctr (Chief Financial Officer): $332,443 total reported compensation
  • Michael Gambeski pd by Viscardi Ctr (Assistant Treasurer and Controller): $230,135 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Abilites Inc is a non-profit agency dedicated to facilitating integrated employment and full participation of persons with disabilities in their work and living communities. Employment is accomplished through direct service to youth and adults with disabilities and to employers, schools and colleges and other rehabilitation programs.

What it reported doing in 2024

Transitional Services - assist High School students with disabilities to achieve positive transition outcomes of community integration within the adult world. Students receive counseling services that focus specifically on career development, employment preparation, independence and integration in the work place and community. Abilities PROSPER program focuses on improving attendance and self-esteem with at-risk high school juniors and seniors. Through cooperative learning and character development via public speaking exercises and individual/team projects, the program encourages students to learn to work independently and collectively to explore real world obstacles and challenges. Corporate partners host vocational tours in their business environments and inform students of job requirements and responsibilities. Our new Inclusive Higher Education (IHE) programs open the doors of college life to students with intellectual and developmental disabilities by offering meaningful access to academics, campus activities, career development, and independent living skills.

Operating model

Revenue model
Other-operating. 79% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 89
  • Accountability: 95
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.8%; rating input score 92
  • Program expense ratio: 91.4%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.3%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 10.6% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 91.8% of revenue deployed · 91.4% of spending went to programs
  • Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $6.9M in reported program spending
  • Leadership: top reported pay $482K · 16 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $112K reported
  • Consistency: 43 of 43 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.