Able Kids Foundation
Able Kids Foundation shows consistent revenue growth and strong asset accumulation with no reported liabilities.
EIN: 202032734 · Fort Collins, CO · NTEE: H42 · Updated: 2026-03-28
About Able Kids Foundation
Able Kids Foundation (EIN: 202032734) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code H42. The organization reported total revenue of $615K and total assets of $939K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Able Kids Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Able Kids Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Able Kids Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly unusual for an organization of this size ($827,575 revenue in 2023) and suggests a strong volunteer leadership component or alternative compensation structures.
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 Able Kids Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency calculation.
Strengths
The following positive indicators were identified for Able Kids Foundation:
- Consistent revenue growth from $275,205 (2015) to $827,575 (2023).
- Strong asset accumulation, reaching $921,105 in 2023.
- Zero reported liabilities across all filing periods, indicating excellent financial health.
- Reported 0% officer compensation, suggesting high dedication of resources to mission or volunteer leadership.
- Consistent positive net income, with revenues exceeding expenses in all reported years (e.g., $827,575 revenue vs. $789,842 expenses in 2023).
Frequently Asked Questions about Able Kids Foundation
Is Able Kids Foundation a good charity?
Based on the provided financial data, Able Kids Foundation appears to be a very good charity. It demonstrates consistent revenue growth, strong asset accumulation, and a complete absence of liabilities, indicating excellent financial health and stability. The reported 0% officer compensation is also a significant positive.
How has Able Kids Foundation's revenue changed over time?
Able Kids Foundation has experienced significant revenue growth, increasing from $275,205 in 2015 to $827,575 in 2023, representing a nearly threefold increase over eight years.
What is the financial stability of Able Kids Foundation?
The organization exhibits excellent financial stability, consistently maintaining positive net assets and reporting $0 in liabilities across all available filings, including $921,105 in assets in 2023.
Filing History
IRS 990 filing history for Able Kids Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Able Kids Foundation's revenue has grown by 328.5%, moving from $193K to $828K. Total assets increased by 685.7% over the same period, from $117K to $921K. Total functional expenses rose by 236.8%, from $235K to $790K. In its most recent filing year (2023), Able Kids Foundation reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $828K | $790K | $921K | $0 | — | — |
| 2022 | $674K | $573K | $886K | $0 | — | — |
| 2021 | $711K | $526K | $788K | $0 | — | View 990 |
| 2020 | $592K | $531K | $605K | $0 | — | — |
| 2019 | $607K | $516K | $547K | $0 | — | View 990 |
| 2018 | $556K | $481K | $523K | $0 | — | View 990 |
| 2017 | $544K | $417K | $448K | $0 | — | View 990 |
| 2016 | $414K | $275K | $321K | $0 | — | View 990 |
| 2015 | $275K | $269K | $181K | $0 | — | View 990 |
| 2014 | $255K | $245K | $187K | $12K | — | View 990 |
| 2013 | $273K | $213K | $177K | $12K | — | View 990 |
| 2012 | $174K | $190K | $97K | $12K | — | View 990 |
| 2011 | $193K | $235K | $117K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $828K, expenses of $790K, and assets of $921K (revenue +22.9% year-over-year).
- 2022: Revenue of $674K, expenses of $573K, and assets of $886K (revenue -5.2% year-over-year).
- 2021: Revenue of $711K, expenses of $526K, and assets of $788K (revenue +20.1% year-over-year).
- 2020: Revenue of $592K, expenses of $531K, and assets of $605K (revenue -2.6% year-over-year).
- 2019: Revenue of $607K, expenses of $516K, and assets of $547K (revenue +9.3% year-over-year).
- 2018: Revenue of $556K, expenses of $481K, and assets of $523K (revenue +2.2% year-over-year).
- 2017: Revenue of $544K, expenses of $417K, and assets of $448K (revenue +31.2% year-over-year).
- 2016: Revenue of $414K, expenses of $275K, and assets of $321K (revenue +50.5% year-over-year).
- 2015: Revenue of $275K, expenses of $269K, and assets of $181K (revenue +8.0% year-over-year).
- 2014: Revenue of $255K, expenses of $245K, and assets of $187K (revenue -6.9% year-over-year).
- 2013: Revenue of $273K, expenses of $213K, and assets of $177K (revenue +57.0% year-over-year).
- 2012: Revenue of $174K, expenses of $190K, and assets of $97K (revenue -9.8% year-over-year).
- 2011: Revenue of $193K, expenses of $235K, and assets of $117K.
Data Sources and Methodology
This transparency report for Able Kids Foundation 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.