Ability Plus Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,253,419 | 7,442,369 | −188,950 | 0.9 | 7% |
| 2012 | 7,700,648 | 7,524,650 | 175,998 | 1.2 | 7% |
| 2013 | 10,055,676 | 9,357,827 | 697,849 | 2.3 | 61% |
| 2014 | 10,943,527 | 11,327,245 | −383,718 | 1.5 | 59% |
| 2015 | 11,483,852 | 12,365,514 | −881,662 | 0.6 | 61% |
| 2016 | 13,151,443 | 12,502,389 | 649,054 | 1.1 | 69% |
| 2017 | 15,506,822 | 14,138,307 | 1,368,515 | 2.1 | 66% |
| 2018 | 14,827,474 | 15,145,827 | −318,353 | 1.7 | 66% |
| 2019 | 15,384,943 | 15,998,280 | −613,337 | 1.2 | 68% |
| 2020 | 15,981,400 | 15,954,264 | 27,136 | 1.2 | 67% |
| 2021 | 15,059,329 | 13,076,378 | 1,982,951 | 3.3 | 67% |
| 2022 | 16,334,409 | 12,912,012 | 3,422,397 | 6.5 | 68% |
| 2023 | 10,534,517 | 11,999,385 | −1,464,868 | 4.7 | 65% |
In its most recent public year (2023), this organization spent $1,464,868 more than it brought in. Its reserves stood at about 4.7 months of spending, up from 0.9 in 2011. Staff pay was 65% of spending. $147,750 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
Ability Plus Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works