Able Kids Foundation
- Assets
- $885.9k
- Revenue
- $673.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Fort Collins, CO
- Founding
- 04/2006
- Data as of
- 12/2022
- EIN
- 20-2032734
Organization Overview
Able Kids Foundation is located in Fort Collins, CO. The organization was established in 2006. According to its NTEE Classification (H42) the organization is classified as: Ear & Throat Diseases Research, under the broad grouping of Medical Research and related organizations. As of 12/2022, Able Kids Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Able Kids 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 12/2022, Able Kids Foundation generated $673.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $572.8k during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 8 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
ABLE KIDS MISSION IS TO HELP CHILDREN AND ADULTS WITH CENTRAL AUDITORY PROCESSING DISORDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP CHILDREN WITH CENTRAL AUDITORY PROCESSING DISORDERS
HELPED CHILDREN AND ADULTS WITH CENTRAL AUDITORY PROCESSING DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Shaad Chairman | OfficerTrustee | $0 | |
Mark Hoffman Director | Officer | $0 | |
Greg Brigham Director | Officer | $0 | |
Kathy Rech Board Member | Officer | $0 | |
Dena Simmons Board Member | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,140 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,140 |
| Total Program Service Revenue | $640,253 |
| Investment income | $2,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $673,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $306,395 |
| Pension plan accruals and contributions | $17,001 |
| Other employee benefits | $2,680 |
| Payroll taxes | $28,665 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145 |
| Fees for services: Accounting | $4,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $569 |
| Office expenses | $13,476 |
| Information technology | $10,912 |
| Royalties | $0 |
| Occupancy | $56,683 |
| Travel | $398 |
| 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 | $2,521 |
| Insurance | $3,005 |
| All other expenses | $13,050 |
| Total functional expenses | $572,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,321 |
| Savings and temporary cash investments | $602,688 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $95,025 |
| 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 | $0 |
| Net Land, buildings, and equipment | $51,841 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $885,875 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $885,875 |
| Net assets with donor restrictions | $0 |
| 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 | $885,875 |