Ability Works Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,541,273 | 1,578,135 | −36,862 | 3.8 | 55% |
| 2012 | 1,613,468 | 1,528,510 | 84,958 | 4.6 | 59% |
| 2013 | 1,676,191 | 1,652,915 | 23,276 | 4.5 | 57% |
| 2014 | 2,108,950 | 1,814,237 | 294,713 | 6.0 | 56% |
| 2015 | 2,157,285 | 1,749,056 | 408,229 | 9.0 | 56% |
| 2016 | 2,192,726 | 2,029,102 | 163,624 | 8.8 | 54% |
| 2017 | 2,191,908 | 2,107,938 | 83,970 | 8.9 | 55% |
| 2018 | 2,808,379 | 2,092,341 | 716,038 | 13.1 | 56% |
| 2019 | 2,300,267 | 2,287,788 | 12,479 | 12.0 | 57% |
| 2020 | 2,289,993 | 1,909,316 | 380,677 | 16.8 | 53% |
| 2021 | 2,568,310 | 2,048,782 | 519,528 | 20.9 | 53% |
| 2022 | 2,270,460 | 2,264,221 | 6,239 | 18.5 | 55% |
| 2023 | 2,718,206 | 2,594,840 | 123,366 | 16.9 | 57% |
In its most recent public year (2023), this organization brought in $123,366 more than it spent. Its reserves stood at about 16.9 months of spending, up from 3.8 in 2011. Staff pay was 57% of spending. $2,291 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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