Is Able Kids Foundation Legit?

Able Kids Foundation demonstrates strong financial health and consistent growth over the past decade. The organization has shown a positive trend in revenue, increasing from $275,205 in 2015 to $827,575 in 2023. This growth is accompanied by a healthy accumulation of assets, reaching $921,105 in 2023, with no reported liabilities, indicating excellent financial stability and responsible management of resources. The consistent absence of liabilities across all reported periods is a significant positive indicator of fiscal prudence. The organization's spending efficiency appears robust, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $789,842 against revenues of $827,575, resulting in a surplus. A key aspect of their transparency and efficiency is the reported 0% officer compensation across all filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive for donor perception regarding resource allocation directly to mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency ratios is limited. Overall, Able Kids Foundation exhibits strong financial management, consistent growth, and a clear commitment to avoiding debt. The lack of reported officer compensation enhances its transparency profile, suggesting a high proportion of funds are directed towards its mission. Further detailed expense breakdowns would provide even greater insight into their operational efficiency.