Able Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,932,100 | 6,857,161 | 74,939 | 0.8 | 62% |
| 2012 | 7,541,771 | 7,184,222 | 357,549 | 1.3 | 63% |
| 2013 | 7,912,257 | 7,762,265 | 149,992 | 1.5 | 59% |
| 2014 | 9,306,213 | 8,684,864 | 621,349 | 2.2 | 58% |
| 2015 | 9,610,901 | 9,075,514 | 535,387 | 2.8 | 60% |
| 2016 | 10,456,327 | 9,907,642 | 548,685 | 3.2 | 62% |
| 2017 | 11,488,979 | 10,532,089 | 956,890 | 4.2 | 59% |
| 2018 | 9,199,535 | 8,385,737 | 813,798 | 6.3 | 57% |
| 2019 | 14,346,189 | 11,273,186 | 3,073,003 | 8.0 | 59% |
| 2020 | 14,844,216 | 12,732,440 | 2,111,776 | 9.1 | 55% |
| 2021 | 16,593,018 | 13,019,980 | 3,573,038 | 12.2 | 2% |
| 2022 | 15,131,779 | 13,167,254 | 1,964,525 | 13.8 | 2% |
| 2023 | 15,194,505 | 13,610,264 | 1,584,241 | 14.8 | 2% |
| 2024 | 16,675,973 | 14,628,745 | 2,047,228 | 15.4 | 2% |
In its most recent public year (2024), this organization brought in $2,047,228 more than it spent. Its reserves stood at about 15.4 months of spending, up from 0.8 in 2011. Staff pay was 2% of spending. $435,637 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 2024. 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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