A B L E Families Inc
- Assets
- $545.4k
- Revenue
- $504.7k
- Investments
- $0.0
- Employees
- 16
- Location
- Kermit, WV
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 55-0734539
Organization Overview
A B L E Families Inc is located in Kermit, WV. The organization was established in 1946. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, A B L E Families Inc employed 16 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. A B L E Families 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 06/2022, A B L E Families Inc generated $504.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $470.2k during the year ending 06/2022. While expenses have increased by 7.6% 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 IDENTIFY AND ADDRESS RURAL POVERTY AND THE SYSTEMIC CAUSES OF POVERTY, AND TO PROMOTE ALLEVIATION OF ITS PROBLEMS BY HELPING TO STRENGTHEN POOR FAMILIES AND TO ASSIST THEM TO MAKE LASTING AND SIGNIFICANT CHANGES IN THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER CAMPS PROVIDE SIX WEEKS OF SUPERVISED, EDUCATIONAL EXPERIENCES FOR APPROXIMATELY 30 CHILDREN. CHILDREN ARE SERVED BREAKFAST AND LUNCH AND TRANSPORTED TO AND FROM THE CAMPS. MIHOW (MATERNAL INFANT HEALTH OUTREACH WORKER) PROGRAM PROVIDES IN-HOME FAMILY EDUCATION TO APPROXIMATELY 60 FAMILIES WITH PREGNANT WOMEN OR INFANTS IN THE HOME. EDUCATIONAL MATERIALS EMPHASIZE THE HEALTH AND DEVELOPMENT OF THE CHILDREN. AFTERSCHOOL PROGRAMMING PROVIDES FOR A SAFE AND NURTURING ENVIRONMENT FOR CHILDREN DURING AFTERSCHOOL HOURS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlene Spaulding Executive Di | Officer | 40 | $38,000 |
Kathleen Bors Board Member | Trustee | 0.5 | $0 |
Richard Brennan Board Member | Trustee | 0.5 | $0 |
Rose Debias Board Member | Trustee | 0.5 | $0 |
Tammy Hodge Board Member | Trustee | 0.5 | $0 |
Miri Hunter Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $355,906 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,544 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,450 |
| Total Program Service Revenue | $0 |
| Investment income | $11,293 |
| 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 | $504,743 |
| 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. | $38,000 |
| Compensation of current officers, directors, key employees. | $27,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $228,517 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $31,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,602 |
| Fees for services: Other | $3,413 |
| Advertising and promotion | $1,025 |
| Office expenses | $14,381 |
| Information technology | $5,627 |
| Royalties | $0 |
| Occupancy | $20,674 |
| Travel | $58,230 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,081 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,467 |
| Insurance | $9,449 |
| All other expenses | $0 |
| Total functional expenses | $470,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,874 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,969 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $65 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $202,859 |
| Investments—publicly traded securities | $204,597 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $545,364 |
| Accounts payable and accrued expenses | $11,834 |
| 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 | $11,834 |
| Net assets without donor restrictions | $523,530 |
| Net assets with donor restrictions | $10,000 |
| 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 | $545,364 |