The Im Able Foundation is located in Wyomissing, PA. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Im Able Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Im Able Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Im Able Foundation generated $472.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $417.8k during the year ending 06/2022. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REMOVE OBSTACLES THAT PREVENT PEOPLE AFFECTED BY DISABILITIES FROM BEING PHYSICALLY ACTIVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IM ABLE FOUNDATION AWARDS ADAPTIVE EQUIPMENT GRANTS TO INDIVIDUALS AND SUPPORTING ORGANIZATIONS. HAND-CYCLES, ADAPTIVE SKIS, AND INSTRUCTIONAL TRAINING PROGRAMS UNLEASH THE POTENTIAL IN PHYSICALLY, COGNITIVELY, AND/OR BEHAVIORALLY CHALLENGED CHILDREN AND ADULTS TO BE MORE ACTIVE, ENJOY THE BENEFITS OF PHYSICAL FITNESS, AND SPEND MORE TIME IN THE GREAT OUTDOORS.
IM ABLE FOUNDATION'S IM FIT INCLUSIVE GROUP FITNESS PROGRAM PROVIDES A FREE-OF-CHARGE OPPORTUNITY FOR CHILDREN AND YOUNG ADULTS OF ALL ABILITIES TO LEARN AND PRACTICE THE FUNDAMENTALS OF EXERCISE IN ORDER TO REAP THE MENTAL AND PHYSICAL BENEFITS OF FITNESS. ADAPTIVE FITNESS PROGRAMS FOR ADULTS WITH CHALLENGES CHARGE AN AFFORDABLE FEE WITH GRANTS AWARDED TO INDIVIDUALS WHO ARE LOOKING TO TAKE PART, BUT ARE LIMITED BY FINANCIAL HARDSHIP.
IM ABLE'S OPERATION LEAD FROM THE FRONT IS A PROGRAM WHERE MILITARY VETERANS AND FIRST RESPONDERS UTILIZE THE TRAITS THEY LEARNED IN SERVICE (DISCIPLINE, MENTAL AGILITY, STRENGTH, AND INITIATIVE) TO MENTOR A CHILD WITH A PHYSICAL, COGNITIVE, AND/OR BEHAVIORAL DISABILITY IN A RELATIONSHIP CENTERED AROUND FITNESS. VETERANS WORK ALONGSIDE OTHER VETERANS RE-ESTABLISHING CONNECTIONS WITH THEIR PEERS WHILE SERVING CHILDREN WITH CHALLENGES. THEIR MENTORSHIP GOES BEYOND SIMPLY EXERCISING TO HELP YOUNG CHILDREN WITH OTHER CHALLENGES IN THEIR LIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Courtney Vitez Chair | OfficerTrustee | 10 | $0 |
Scott Barrows Vice Chair | OfficerTrustee | 2 | $0 |
Cory Eisenhofer Treasurer | OfficerTrustee | 2 | $0 |
Amanda Garber Secretary | OfficerTrustee | 2 | $0 |
Virginia Muthard Director - Till 12/2021 | Trustee | 2 | $0 |
Selena Ehlert Director - Till 11/2021 | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $68,746 |
Related organizations | $0 |
Government grants | $72,466 |
All other contributions, gifts, grants, and similar amounts not included above | $325,147 |
Noncash contributions included in lines 1a–1f | $200 |
Total Revenue from Contributions, Gifts, Grants & Similar | $466,359 |
Total Program Service Revenue | $16,030 |
Investment income | $58 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$7,569 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$2,830 |
Miscellaneous Revenue | $0 |
Total Revenue | $472,048 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $11,931 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $46,385 |
Compensation of current officers, directors, key employees. | $7,774 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $142,277 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,105 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $50,384 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,072 |
Advertising and promotion | $0 |
Office expenses | $29,460 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $25,738 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,998 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $417,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $211,491 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $17,167 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,066 |
Net Land, buildings, and equipment | $37,770 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $274,494 |
Accounts payable and accrued expenses | $14,553 |
Grants payable | $0 |
Deferred revenue | $10,261 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $24,814 |
Net assets without donor restrictions | $184,801 |
Net assets with donor restrictions | $64,879 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $274,494 |