Able Works
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 436,555 | 553,646 | −117,091 | -0.3 | 44% |
| 2012 | 575,775 | 628,455 | −52,680 | -0.9 | 45% |
| 2013 | 566,993 | 461,444 | 105,549 | 3.2 | 65% |
| 2014 | 413,082 | 537,369 | −124,287 | -0.8 | 59% |
| 2015 | 722,144 | 660,058 | 62,086 | 0.5 | 57% |
| 2016 | 814,588 | 831,158 | −16,570 | 0.2 | 56% |
| 2017 | 1,319,786 | 782,221 | 537,565 | 8.4 | 55% |
| 2018 | 1,047,499 | 1,001,743 | 45,756 | 7.1 | 50% |
| 2019 | 1,171,704 | 1,290,033 | −118,329 | 4.4 | 56% |
| 2020 | 2,300,213 | 1,576,857 | 723,356 | 9.1 | 53% |
| 2021 | 1,976,976 | 1,914,585 | 62,391 | 7.9 | 52% |
| 2022 | 1,671,590 | 2,167,702 | −496,112 | 4.2 | 54% |
| 2023 | 1,745,479 | 1,639,925 | 105,554 | 6.4 | 57% |
In its most recent public year (2023), this organization brought in $105,554 more than it spent. Its reserves stood at about 6.4 months of spending, up from -0.3 in 2011. Staff pay was 57% of spending. $202,286 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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