Abilities Rehabilitation Center Foundation Inc
Nonprofit profile at a glance
- EIN
- 592293228
- IRS 990 coverage
- 2009–2018
- Forms available
- Form 990 2018
- Location
- Clearwater, FL, USA
- Phone
- 7275387370
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $282,946
- Expenses
- $693,921
- Assets
- $2,292,224
- Liabilities
- $62,569
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- RICHARD B WINNING (CHAIRMAN & TRUSTEE)
- JOSEPH J SOROTA JR (SECRETARY & TRUSTEE)
- FRANK BURKE (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the abilities foundation is to support the needs of people with disabilities through gainful employment, affordable housing, independent living, recreational/cultural resources, advocacy health, and accessible marketplaces.
What it reported doing in 2018
See schedule o.the abilities foundation is a 501(c)(3) organization that was established to raise money and support community education and outreach on behalf of people with disabilities. The abilities foundation raises money in support of abilities, inc. Of Florida. Abilities, inc. Of Florida is a 501(c)(3) not-for-profit organization with a mission to facilitate services and partnerships to support people with disabilities, their families, their caregivers and community members in order to build more inclusive communities.abilities, inc. Of Florida provides the following programs and services:- vocational rehabilitation core services providing employment services to include job development, supported and affirmative employment for more than 14,050 individuals in fy19.- a full range of rehabilitation and employment supports including vocational evaluation, work adjustment training, job coaching, supported employment and specialized programs. Community based employment services were provided to more than 1,500 individuals in fy19.- warrior bridge providing direct employment, job placement, housing services and the warrior bridge veterans mall, which provides necessary household items and business clothing at no cost for wounded veterans and their families. - high school high tech youth transition program, is a community-based partnership that provides high school students with disabilities the opportunity to explore jobs and post-secondary education leading to technology-related careers. - work incentive planning and assistance providing benefits counseling and work incentive counseling. - pre-employment transition services, to prepare students with disabilities to transition into the workforce or continuing education after graduation.- opportunity calls, a contact center and customer service training program, creates employment opportunities and provides career-track training for veterans and people with disabilities.- homes for independence providing affordable, accessible and safe housing for persons with low incomes and/or disabilities.- interpreter services coordinates interpreter services for people who are deaf and supports local vocational rehabilitation offices with on-site, staffed interpreters through a contract with the Florida division of vocational rehabilitation.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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 some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.1%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 91.8%; rating input score 92; 49th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -145.2%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 3.3; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 31.8% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.1% of spending went to programs
- Governance: 4 of 4 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $688K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2009 to 2018
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 5 filed related-organization links
- 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.
- High — Sustainability: Operating margin scored 1/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.