Enable Inc
Enable Inc: Steady Growth, Strong Program Spending, but Executive Compensation Lacks Detail
EIN: 222993393 · Princeton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $20.4M |
| Program Spending | 86% |
| CEO/Top Officer Pay | $23,698,548 |
| Net Assets | $16.0M |
| Transparency Score | 85/100 |
Is Enable Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Enable Inc directs 86% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Enable Inc
Enable Inc (EIN: 222993393) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $356K and total assets of $12.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enable Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enable Inc is a small nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.7M |
| Total Expenses | $20.4M |
| Surplus / Deficit | +$3.3M |
| Total Assets | $22.9M |
| Total Liabilities | $6.9M |
| Net Assets | $16.0M |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 30.0% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Enable Inc reported a surplus of $3.3M with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 30.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Enable Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +10.5% | +48.7% |
| 2022 | +3.8% | +1.9% | +24.4% |
| 2021 | +22.6% | +13.9% | +44.7% |
| 2020 | +13.1% | +11.3% | +12.3% |
| 2019 | +24.4% | +16.9% | +31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Enable Inc 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: 86%
- fundraising: 4%
According to IRS 990 filings, Enable Inc allocates its expenses as follows: admin: 10%, programs: 86%, fundraising: 4%. With 86% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.0%.
Executive Compensation Analysis
Executive compensation for Enable Inc. is not explicitly detailed in the provided data, making it difficult to assess its reasonableness relative to the organization's size and revenue of $23,698,548 in 2023.
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 Enable Inc's IRS 990 filings:
- Lack of specific executive compensation figures in the provided data makes it impossible to evaluate fairness.
- The provided data does not include information on the number of employees, which could provide context for administrative expenses.
Strengths
The following positive indicators were identified for Enable Inc:
- Consistent revenue growth over the past several years, from $9,876,452 in 2016 to $23,698,548 in 2023.
- High percentage of expenses dedicated to programs (86%), indicating a strong focus on mission delivery.
- Healthy asset growth, from $4,295,509 in 2016 to $22,915,313 in 2023, suggesting financial stability.
- Low fundraising expenses (4%), demonstrating efficient fundraising practices.
Frequently Asked Questions about Enable Inc
Is Enable Inc a legitimate charity?
Enable Inc (EIN: 222993393) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $356K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Enable Inc spend its money?
Enable Inc directs 86% of its spending to programs and services. Fundraising costs 4%. This exceeds the 65% industry benchmark.
Are donations to Enable Inc tax-deductible?
Enable Inc is registered as a tax-exempt nonprofit (EIN: 222993393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Enable Inc CEO make?
Enable Inc's highest-compensated officer earns $23,698,548 annually. The organization reported $356K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Enable Inc's spending goes to programs?
Enable Inc directs 86% to programs, 4% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Enable Inc located?
Enable Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 222993393.
How many years of IRS 990 filings does Enable Inc have?
Enable Inc has 12 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 $356K in total revenue.
What does Enable Inc do?
Enable Inc is a nonprofit organization in the Unknown sector, located in Princeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Enable Inc have?
Enable Inc reported total revenue of $355,824. Based on 12 IRS 990 filings on record.
What are Enable Inc's total assets?
Enable Inc holds total assets of $12,667,125 as reported in IRS 990 filings.
Where is Enable Inc located?
Enable Inc is based in Princeton, New Jersey.
What is Enable Inc's EIN?
Enable Inc's Employer Identification Number (EIN) is 222993393. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Enable Inc?
Enable Inc is classified under NTEE code Unknown (Unknown).
Is Enable Inc a registered 501(c)(3)?
Enable Inc appears in IRS records (EIN: 222993393). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Enable Inc file IRS Form 990?
Yes, Enable Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Enable Inc's revenue in 2023?
In the 202306 filing period, Enable Inc reported total revenue of $23,698,548, total expenses of $20,357,050, and net assets of $22,915,313.
Is Enable Inc's revenue growing or declining?
Enable Inc's revenue is growing. Revenue went from $22,111,061 (202206) to $23,698,548 (202306), a +7.2% change. Based on 12 filings on record.
What is Enable Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Enable Inc covers tax period 202306. It shows revenue of $23,698,548, expenses of $20,357,050, total assets of $22,915,313, and liabilities of $6,877,435.
How much does Enable Inc spend on programs vs administration?
Based on IRS 990 analysis, Enable Inc allocates approximately 86% of expenses to program services, 10% to administrative costs, and 4% to fundraising. This indicates strong program focus.
Is Enable Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Enable Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Enable Inc?
The following concerns were identified: Lack of specific executive compensation figures in the provided data makes it impossible to evaluate fairness.. The provided data does not include information on the number of employees, which could provide context for administrative expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Enable Inc's strengths?
Positive indicators for Enable Inc include: Consistent revenue growth over the past several years, from $9,876,452 in 2016 to $23,698,548 in 2023.. High percentage of expenses dedicated to programs (86%), indicating a strong focus on mission delivery.. Healthy asset growth, from $4,295,509 in 2016 to $22,915,313 in 2023, suggesting financial stability.. Low fundraising expenses (4%), demonstrating efficient fundraising practices.. These findings are derived from AI analysis of the organization's financial filings.
How does Enable Inc compensate executives?
Executive compensation for Enable Inc. is not explicitly detailed in the provided data, making it difficult to assess its reasonableness relative to the organization's size and revenue of $23,698,548 in 2023. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific strategies has Enable Inc. employed to maintain such a high program spending ratio while expanding its operations?
Enable Inc. has consistently allocated a significant portion of its expenses to programs, with 86% in 2023 ($20,357,050 out of $23,698,548 total expenses). This suggests effective cost management in administrative and fundraising areas, allowing for direct investment in their mission despite substantial growth.
How does Enable Inc. manage to keep its fundraising expenses at such a low percentage (4%) while achieving consistent revenue growth?
The low fundraising expense percentage indicates highly efficient fundraising strategies, potentially relying on strong donor retention, grants, or word-of-mouth, rather than high-cost campaigns. This efficiency directly contributes to more funds being available for programs.
Filing History
IRS 990 filing history for Enable Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Enable Inc's revenue has grown by 257.3%, moving from $6.6M to $23.7M. Total assets increased by 625.1% over the same period, from $3.2M to $22.9M. Total functional expenses rose by 203.9%, from $6.7M to $20.4M. In its most recent filing year (2023), Enable Inc reported a surplus of $3.3M, with revenue exceeding expenses. The organization holds $6.9M in liabilities against $22.9M in assets (debt-to-asset ratio: 30.0%), resulting in net assets of $16.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.7M | $20.4M | $22.9M | $6.9M | — | — |
| 2022 | $22.1M | $18.4M | $15.4M | $2.7M | — | View 990 |
| 2021 | $21.3M | $18.1M | $12.4M | $3.4M | — | View 990 |
| 2020 | $17.4M | $15.9M | $8.6M | $2.8M | — | View 990 |
| 2019 | $15.4M | $14.3M | $7.6M | $3.4M | — | View 990 |
| 2018 | $12.4M | $12.2M | $5.8M | $2.6M | — | View 990 |
| 2017 | $10.8M | $10.8M | $4.6M | $2.1M | — | View 990 |
| 2016 | $9.9M | $9.5M | $4.3M | $1.9M | — | View 990 |
| 2015 | $8.7M | $8.6M | $4.4M | $2.3M | — | View 990 |
| 2014 | $7.6M | $7.5M | $3.4M | $1.6M | — | View 990 |
| 2013 | $7.1M | $7.0M | $3.2M | $1.5M | — | View 990 |
| 2012 | $6.6M | $6.7M | $3.2M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.7M, expenses of $20.4M, and assets of $22.9M (revenue +7.2% year-over-year).
- 2022: Revenue of $22.1M, expenses of $18.4M, and assets of $15.4M (revenue +3.8% year-over-year).
- 2021: Revenue of $21.3M, expenses of $18.1M, and assets of $12.4M (revenue +22.6% year-over-year).
- 2020: Revenue of $17.4M, expenses of $15.9M, and assets of $8.6M (revenue +13.1% year-over-year).
- 2019: Revenue of $15.4M, expenses of $14.3M, and assets of $7.6M (revenue +24.4% year-over-year).
- 2018: Revenue of $12.4M, expenses of $12.2M, and assets of $5.8M (revenue +14.1% year-over-year).
- 2017: Revenue of $10.8M, expenses of $10.8M, and assets of $4.6M (revenue +9.6% year-over-year).
- 2016: Revenue of $9.9M, expenses of $9.5M, and assets of $4.3M (revenue +14.0% year-over-year).
- 2015: Revenue of $8.7M, expenses of $8.6M, and assets of $4.4M (revenue +14.2% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.5M, and assets of $3.4M (revenue +6.9% year-over-year).
- 2013: Revenue of $7.1M, expenses of $7.0M, and assets of $3.2M (revenue +7.0% year-over-year).
- 2012: Revenue of $6.6M, expenses of $6.7M, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enable Inc:
Data Sources and Methodology
This transparency report for Enable 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.