Is Abilities Inc Legit?

Quick charity verification for Abilities Inc (EIN: 111710419)

Verdict: Abilities Inc appears trustworthy

95/100Mission Score
$7.3MRevenue
$2.6MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Abilities Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Abilities Inc

Is Abilities Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Abilities Inc (EIN: 111710419) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Abilities Inc a good charity to donate to?

Abilities Inc has a Mission Score of 95/100. Revenue: $7.3M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Abilities Inc?

The Employer Identification Number (EIN) for Abilities Inc is 111710419. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Abilities Inc spend its money?

Abilities Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Abilities Inc's tax-exempt status?

You can verify Abilities Inc's tax-exempt status using EIN 111710419 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Abilities Inc demonstrates a generally stable financial position with consistent revenue growth over the past few years, reaching $6,945,192 in 2023. The organization has consistently managed to keep expenses below revenue in recent periods, leading to an increase in net assets from $1,797,115 in 2021 to $2,500,903 in 2023. This indicates sound financial management and an ability to build reserves. Spending efficiency appears strong, with a significant portion of expenses likely directed towards programs, given the positive net assets and the absence of reported officer compensation. The organization's liabilities have also shown a positive trend, decreasing from a high of $2,684,793 in 2014 to $327,748 in 2023, which is a strong indicator of improved financial health and reduced debt burden. The lack of reported officer compensation across all available filings suggests a high degree of transparency and a commitment to directing funds towards the mission rather than executive salaries. Overall, Abilities Inc appears to be a financially healthy and efficiently run organization. Their consistent growth, positive net assets, and minimal liabilities, coupled with no reported officer compensation, paint a picture of a well-managed nonprofit focused on its mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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