Ability Building Services Foundation Inc
EIN: 460452620 · Yankton, SD · NTEE: P11
| Metric | Value |
|---|---|
| Total Expenses | $649 |
| Net Assets | $163K |
Is Ability Building Services Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ability Building Services Foundation Inc
Ability Building Services Foundation Inc (EIN: 460452620) is a nonprofit organization based in Yankton, SD, classified under NTEE code P11. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ability Building Services Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ability Building Services Foundation Inc is a micro nonprofit that has been operating for 27 years, with 2 years of IRS 990 filings on record (2012–2018). Revenue has grown at a compound annual rate of 184.5%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $649 |
| Surplus / Deficit | +$45K |
| Total Assets | $163K |
| Total Liabilities | $59 |
| Net Assets | $163K |
| Operating Margin | 98.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3017.0 months |
Financial Health Grade: A
In 2018, Ability Building Services Foundation Inc reported a surplus of $45K with revenue exceeding expenses, holds 3017.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2012–2018), Ability Building Services Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 184.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +52873.6% | — | +180.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ability Building Services Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ability Building Services Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ability Building Services Foundation Inc
Is Ability Building Services Foundation Inc a legitimate charity?
Ability Building Services Foundation Inc (EIN: 460452620) is a registered tax-exempt nonprofit based in South Dakota. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Ability Building Services Foundation Inc spend its money?
Ability Building Services Foundation Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ability Building Services Foundation Inc tax-deductible?
Ability Building Services Foundation Inc is registered as a tax-exempt nonprofit (EIN: 460452620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ability Building Services Foundation Inc located?
Ability Building Services Foundation Inc is headquartered in Yankton, South Dakota and files with the IRS under EIN 460452620. It is classified under NTEE code P11.
How many years of IRS 990 filings does Ability Building Services Foundation Inc have?
Ability Building Services Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Ability Building Services Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2012–2018), Ability Building Services Foundation Inc's revenue has grown by 52873.6%, moving from $87 to $46K. Total assets increased by 180.1% over the same period, from $58K to $163K. In its most recent filing year (2018), Ability Building Services Foundation Inc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $59 in liabilities against $163K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $46K | $649 | $163K | $59 | — | View 990 |
| 2012 | $87 | $0 | $58K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ability Building Services Foundation Inc:
Data Sources and Methodology
This transparency report for Ability Building Services Foundation Inc 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.