Ability Indiana Inc
- Assets
- $2.1m
- Revenue
- $522.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 09/1974
- Data as of
- 12/2021
- EIN
- 35-1313598
Organization Overview
Ability Indiana Inc is located in Indianapolis, IN. The organization was established in 1974. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ability Indiana Inc 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 12/2021, Ability Indiana Inc generated $522.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $451.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPLEMENT THE ABILITY INDIANA PROGRAM AND EDUCATE, ENCOURAGE, AND SUPPORT OTHERS BY PROMOTING EMPLOYMENT AND OTHER SERVICES FOR PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL COORDINATING AGENCY FUNCTION FOR THE ABILITY INDIANA PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Harris Vice Chair | OfficerTrustee | 1 | $0 |
Donna Belusar Secretary | OfficerTrustee | 1 | $0 |
Jason Meyer Treasurer | OfficerTrustee | 1 | $0 |
Kelly Mitchell Chair-Term Ended May'21 | OfficerTrustee | 1 | $0 |
John Barth President/ceo | Officer | 1 | $0 |
Barbara A Young VP Finance/cfo | Officer | 1 | $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 | $2,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,750 |
| Total Program Service Revenue | $378,624 |
| Investment income | $37,439 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $103,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $522,634 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $420,000 |
| Fees for services: Legal | $533 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,886 |
| Office expenses | $0 |
| Information technology | $3,870 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $375 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,656 |
| Insurance | $4,594 |
| All other expenses | $0 |
| Total functional expenses | $451,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $187,565 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,314 |
| 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 | $4,210 |
| Net Land, buildings, and equipment | $2,770 |
| Investments—publicly traded securities | $1,861,482 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,105,341 |
| Accounts payable and accrued expenses | $1,850 |
| 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 | $1,850 |
| Net assets without donor restrictions | $2,082,076 |
| Net assets with donor restrictions | $21,415 |
| 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 | $2,105,341 |
Endowment Analysis
| Beg. Balance | $20,163 |
| Earnings | $2 |
| Net Contributions | $2,750 |
| Grants | $1,500 |
| Ending Balance | $21,415 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Easter Seals Metropolitan Chicago Inc Chicago, IL | $52,933,837 | $63,344,234 |
Easter Seals Inc Chicago, IL | $42,430,356 | $63,436,744 |
Rehabilitation Hospital Of Indiana Inc Indianapolis, IN | $33,903,801 | $47,733,425 |
Anthony Wayne Rehabilitation Center For Handicapped & Blind Fort Wayne, IN | $35,673,589 | $47,181,775 |
The Bleeding And Clotting Disorders Institute Peoria, IL | $23,778,045 | $34,385,899 |
Southeastern Kentucky Rehabilitation Industries Inc Corbin, KY | $28,420,684 | $26,543,661 |
Crossroads Rehabilitation Center Inc Indianapolis, IN | $48,026,427 | $26,710,244 |
Easter Seals Rehabilitation Center Inc Evansville, IN | $16,503,144 | $18,998,640 |
Tradewinds Services Inc Merrillville, IN | $15,998,577 | $14,758,971 |
Macon Resources Inc Decatur, IL | $25,094,647 | $13,837,379 |
Society For Immunotherapy Of Cancer Inc Milwaukee, WI | $21,926,685 | $14,185,558 |
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |