Able Incorporated
- Assets
- $27.2m
- Revenue
- $16.6m
- Investments
- $30.2k
- Employees
- 337
- Location
- Dickinson, ND
- Founding
- 05/1985
- Data as of
- 06/2021
- EIN
- 45-0379352
Organization Overview
Able Incorporated is located in Dickinson, ND. The organization was established in 1985. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Able Incorporated employed 337 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Able Incorporated 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 06/2021, Able Incorporated generated $16.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $13.0m during the year ending 06/2021. While expenses have increased by 4.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HUMAN SERVICES: SUPPORTING PEOPLE WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES DAY SUPPORTS/EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES, PROVIDE RESIDENTIAL SUPPORT IN MSLA/ICF FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES AND ISLA/SLA/FAMILY SUPPORT - SUPPORTED INDIVIDUALS FOR INDEPENDENT LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Anderson Executive Director | Officer | 40 | $124,246 |
Michael Klein Business Manager | Officer | 40 | $103,681 |
Shelley Flaget President | OfficerTrustee | 1 | $0 |
Dean Pearson Vice President | OfficerTrustee | 1 | $0 |
Art Wanner Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jasmine Fosheim Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,253,559 |
| Investment income | $20,034 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$169,409 |
| 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 | $16,593,018 |
| Statement of Expenses | |
|---|---|
| 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. | $264,939 |
| Compensation to disqualified persons | $7,436,355 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $340,029 |
| Other employee benefits | $29,327 |
| Payroll taxes | $586,494 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,253 |
| Fees for services: Accounting | $41,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,738 |
| Office expenses | $126,378 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $301,094 |
| Travel | $56,522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,503 |
| Interest | $346,896 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $403,109 |
| Insurance | $1,075,518 |
| All other expenses | $0 |
| Total functional expenses | $13,019,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,745,966 |
| Savings and temporary cash investments | $289,857 |
| Pledges and grants receivable | $90,650 |
| Accounts receivable, net | $1,257,546 |
| 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 | $83,177 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $30,229 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,135,968 |
| Total assets | $27,235,184 |
| Accounts payable and accrued expenses | $1,202,366 |
| Grants payable | $0 |
| Deferred revenue | $2,348 |
| 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 | $12,844,909 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,049,623 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $13,185,561 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Able Incorporated has recieved totaling $160,109.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
Arc - Little Missouri Inc Bowman, ND | | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $109 |
Endowment Analysis
| Beg. Balance | $30,229 |
| Earnings | -$4,033 |
| Admin Expense | $293 |
| Ending Balance | $25,903 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hit Inc Mandan, ND | $22,072,326 | $38,762,981 |
South Dakota Achieve Sioux Falls, SD | $23,004,202 | $35,665,528 |
Accessible Space Inc St Paul, MN | $38,094,319 | $21,720,630 |
Community Living Services Incorporated Fargo, ND | $19,445,426 | $22,252,466 |
Touchstone Mental Health Minneapolis, MN | $8,476,042 | $15,823,650 |
Dakotabilities Sioux Falls, SD | $18,394,244 | $13,416,769 |
Able Incorporated Dickinson, ND | $27,235,184 | $16,593,018 |
Human Service Agency Watertown, SD | $13,335,518 | $13,761,129 |
Harry Meyering Center Inc Mankato, MN | $16,984,389 | $13,887,257 |
Lifequest Mitchell, SD | $5,936,493 | $14,949,946 |
Opportunity Foundation Inc Williston, ND | $8,430,927 | $12,852,089 |
Arc Minnesota Inc St Paul, MN | $7,527,865 | $12,831,212 |