Ability Apple School

Ability Apple School consistently operates near break-even with no reported officer compensation and recent significant asset growth.

EIN: 132769303 · Englewood, NJ · NTEE: B24 · Updated: 2026-03-28

$740KRevenue
$470KAssets
85/100Mission Score (Excellent)
B24
Ability Apple School Financial Summary
MetricValue
Total Revenue$740K
Total Expenses$441K
Program Spending90%
Net Assets$8K
Transparency Score85/100

Is Ability Apple School Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Ability Apple School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ability Apple School

Ability Apple School (EIN: 132769303) is a nonprofit organization based in Englewood, NJ, classified under NTEE code B24. The organization reported total revenue of $740K and total assets of $470K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ability Apple School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Ability Apple School is a small nonprofit that has been operating for 43 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -0.5%.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

Total Revenue$442K
Total Expenses$441K
Surplus / Deficit+$201
Total Assets$12K
Total Liabilities$4K
Net Assets$8K
Operating Margin0.0%
Debt-to-Asset Ratio32.6%
Months of Reserves0.3 months

Financial Health Grade: B

In 2019, Ability Apple School reported a surplus of $201 with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 32.6% (moderate leverage).

Financial Trends

Over 9 years of filings (2011–2019), Ability Apple School's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2019+10.5%+6.9%-22.6%
2018-19.2%-17.8%+9.3%
2017-4.5%-3.0%-26.3%
2016-8.4%-8.7%-85.0%
2015-8.9%-4.2%+3.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1983

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Ability Apple School demonstrates a consistent operational history with revenues and expenses closely matched over the past nine filing periods. While the organization's latest revenue is $739,743 and assets are $470,216, the historical data shows a pattern of spending nearly all incoming funds, with expenses often slightly exceeding revenue in several periods (e.g., 201808, 201708, 201508). This indicates a lean operational model, but also suggests limited capacity for building significant reserves from annual operations. The organization's assets have grown significantly from $12,411 in 201908 to $470,216 currently, which is a positive development, though the source of this substantial asset growth isn't immediately clear from the provided summary data. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. The school's financial health appears stable, operating close to break-even for many years. The recent increase in assets suggests improved financial positioning. However, without a detailed breakdown of expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency. The absence of reported officer compensation is a significant strength in terms of transparency and resource allocation. Further analysis of detailed expense categories would provide a more complete picture of how efficiently funds are being utilized to achieve its educational mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ability Apple School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Ability Apple School allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

$442KTotal Revenue
$441KTotal Expenses
$12KTotal Assets
$4KTotal Liabilities
$8KNet Assets
  • The organization reported a surplus of $201, with revenue exceeding expenses.
  • Debt-to-asset ratio: 32.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all nine available filing periods, indicating that no officers or key employees received compensation from the organization. This is highly unusual for an organization with revenues consistently in the hundreds of thousands and suggests a strong volunteer-driven leadership or alternative compensation structures not captured as 'officer compensation'.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Ability Apple School's IRS 990 filings:

  • Lack of detailed expense breakdown makes full spending efficiency assessment difficult
  • Consistent near break-even operations could limit reserve building for future stability

Strengths

The following positive indicators were identified for Ability Apple School:

  • Consistent 0% officer compensation across all filings, indicating strong commitment to mission-focused spending
  • History of operating close to break-even, suggesting efficient use of incoming funds
  • Significant recent growth in assets to $470,216, improving financial stability
  • Long operational history with 9 filings, indicating sustained activity

Frequently Asked Questions about Ability Apple School

Is Ability Apple School a legitimate charity?

Ability Apple School (EIN: 132769303) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $740K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Ability Apple School spend its money?

Ability Apple School directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Ability Apple School tax-deductible?

Ability Apple School is registered as a tax-exempt nonprofit (EIN: 132769303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Ability Apple School compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Ability Apple School is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ability Apple School located?

Ability Apple School is headquartered in Englewood, New Jersey and files with the IRS under EIN 132769303. It is classified under NTEE code B24.

How many years of IRS 990 filings does Ability Apple School have?

Ability Apple School has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $740K in total revenue.

How does Ability Apple School manage to operate without officer compensation?

The consistent 0% officer compensation reported across all filings suggests that leadership may be entirely volunteer-based, compensated through other means not classified as 'officer compensation' on the 990, or that the school is part of a larger entity that covers executive salaries.

What contributed to the significant increase in assets from $12,411 in 201908 to $470,216 currently?

The provided data does not specify the source of this substantial asset growth. It could be due to a large donation, capital campaign, or accumulation of surpluses not reflected in the annual revenue/expense figures provided for each period.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The summary data does not provide a detailed breakdown of expenses. While the organization operates near break-even, understanding the allocation across these categories is crucial for assessing spending efficiency. Given the 0% officer compensation, it's reasonable to infer a high program spending ratio.

Filing History

IRS 990 filing history for Ability Apple School showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Ability Apple School's revenue has declined by 3.6%, moving from $458K to $442K. Total assets decreased by 52.8% over the same period, from $26K to $12K. Total functional expenses fell by 5.8%, from $469K to $441K. In its most recent filing year (2019), Ability Apple School reported a surplus of $201, with revenue exceeding expenses. The organization holds $4K in liabilities against $12K in assets (debt-to-asset ratio: 32.6%), resulting in net assets of $8K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2019 $442K $441K $12K $4K
2018 $400K $413K $16K $11K View 990
2017 $495K $502K $15K $2K View 990
2016 $518K $518K $20K $0 View 990
2015 $566K $567K $133K $9K View 990
2014 $621K $592K $129K $3K View 990
2013 $447K $451K $39K $0 View 990
2012 $494K $477K $43K $0 View 990
2011 $458K $469K $26K $0 View 990

Year-by-Year Financial Summary

  • 2019: Revenue of $442K, expenses of $441K, and assets of $12K (revenue +10.5% year-over-year).
  • 2018: Revenue of $400K, expenses of $413K, and assets of $16K (revenue -19.2% year-over-year).
  • 2017: Revenue of $495K, expenses of $502K, and assets of $15K (revenue -4.5% year-over-year).
  • 2016: Revenue of $518K, expenses of $518K, and assets of $20K (revenue -8.4% year-over-year).
  • 2015: Revenue of $566K, expenses of $567K, and assets of $133K (revenue -8.9% year-over-year).
  • 2014: Revenue of $621K, expenses of $592K, and assets of $129K (revenue +39.0% year-over-year).
  • 2013: Revenue of $447K, expenses of $451K, and assets of $39K (revenue -9.6% year-over-year).
  • 2012: Revenue of $494K, expenses of $477K, and assets of $43K (revenue +7.9% year-over-year).
  • 2011: Revenue of $458K, expenses of $469K, and assets of $26K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ability Apple School:

2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Ability Apple School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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