Quick charity verification for Able Services Inc (EIN: 204314076)
Verdict: Able Services Inc appears trustworthy
90/100Mission Score
$2.1MRevenue
$2.1MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or if it's truly volunteer-led.
Strengths
Consistent and significant revenue growth, from $177,112 in 2015 to $1,958,469 in 2023.
Strong asset accumulation, growing from $47,519 in 2015 to $1,838,713 in 2023.
Healthy financial position with assets significantly exceeding liabilities (e.g., $1,838,713 assets vs. $61,211 liabilities in 2023).
Positive net income (revenue exceeding expenses) in most recent years, indicating financial sustainability.
No reported officer compensation, suggesting a high potential for program efficiency.
Spending Breakdown
How Able Services 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 Able Services Inc
Is Able Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Able Services Inc (EIN: 204314076) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Able Services Inc a good charity to donate to?
Able Services Inc has a Mission Score of 90/100. Revenue: $2.1M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Able Services Inc?
The Employer Identification Number (EIN) for Able Services Inc is 204314076. 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 Able Services Inc spend its money?
Able Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Able Services Inc's tax-exempt status?
You can verify Able Services Inc's tax-exempt status using EIN 204314076 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
Able Services Inc demonstrates strong financial health and consistent growth over the past nine years. The organization has seen its revenue grow from $177,112 in 2015 to $1,958,469 in 2023, indicating robust fundraising and program expansion. Its assets have also steadily increased, reaching $1,838,713 in 2023, while liabilities remain relatively low at $61,211, suggesting a healthy balance sheet and good financial management. The consistent surplus of revenue over expenses, particularly in recent years (e.g., $1,958,469 revenue vs. $1,543,573 expenses in 2023), allows for reinvestment in programs and building reserves.
The organization's spending efficiency appears strong, especially given the reported 0% officer compensation across all filings, which suggests a high proportion of funds are directed towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation is a positive indicator for efficiency. The consistent growth in revenue and assets, coupled with controlled liabilities, points to a well-managed and financially stable nonprofit.
In terms of transparency, the consistent filing of IRS Form 990s over nine periods is a positive sign, demonstrating a commitment to public disclosure. The lack of reported officer compensation across all filings is a significant transparency point, indicating that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is generally favorable for donor perception. Further analysis of the full 990 forms would be needed to fully assess program spending ratios and other operational efficiencies.