Ability Experience
- Assets
- $3.7m
- Revenue
- $2.4m
- Investments
- $3.2m
- Employees
- 15
- Location
- Charlotte, NC
- Founding
- 01/1985
- Data as of
- 09/2023
- EIN
- 58-1588777
Organization Overview
Ability Experience is located in Charlotte, NC. 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 09/2023, Ability Experience employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ability Experience 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 09/2023, Ability Experience generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.2m during the year ending 09/2023. While expenses have increased by 0.5% 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.
Since 2015, Ability Experience has awarded 142 individual grants totaling $948,025. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ABILITY EXPERIENCE IS A 501(C)(3) NONPROFIT ORGANIZATION THAT WORKS TO CREATE A COMMUNITY, ONE RELATIONSHIP AT A TIME, WHERE THE ABILITIES OF ALL PEOPLE ARE RECOGNIZED AND VALUED. THE ABILITY EXPERIENCE WAS FOUNDED IN 1977 AS THE NATIONAL PHILANTHROPY OF PI KAPPA PHI. TODAY, THE ABILITY EXPERIENCE USES COLLEGIATE, CYCLING AND CONSTRUCTION PROGRAMS THAT FOCUS ON CREATING SHARED EXPERIENCES TO SUPPORT PEOPLE WITH DISABILITIES AND DEVELOP THE MEN OF PI KAPPA PHI INTO SERVANT LEADERS.
PLACEMENT, DESIGN, AND CONSTRUCTION AND INSTALLATION OF SPECIALIZED FACILITIES FOR PEOPLE WITH DISABILITIES SUCH AS RAMPS AND PLAYGROUND EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Jensen Treasurer | OfficerTrustee | 0 | $0 |
Phillip Hamilton Vice Chair/chair Elect | OfficerTrustee | 0 | $0 |
Michael Carter Member | Trustee | 0 | $0 |
Joel Borellis Chariman | OfficerTrustee | 0 | $0 |
Mark Urrutia Member | Trustee | 0 | $0 |
Michael Davis Member | Trustee | 0 | $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 | $2,106,186 |
| Noncash contributions included in lines 1a–1f | $205,861 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,106,186 |
| Total Program Service Revenue | $0 |
| Investment income | $85,490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $105,383 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,366,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $214,149 |
| 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. | $304,037 |
| Compensation of current officers, directors, key employees. | $168,029 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $557,344 |
| Pension plan accruals and contributions | $24,996 |
| Other employee benefits | $50,179 |
| Payroll taxes | $49,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $88,939 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,252 |
| Advertising and promotion | $0 |
| Office expenses | $88,143 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,972 |
| Travel | $265,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $68,539 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,307 |
| Insurance | $9,858 |
| All other expenses | $0 |
| Total functional expenses | $2,203,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,091 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,800 |
| 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 | $29,009 |
| Net Land, buildings, and equipment | $19,984 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,233,464 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $53,819 |
| Total assets | $3,726,167 |
| Accounts payable and accrued expenses | $86,012 |
| Grants payable | $0 |
| Deferred revenue | $61,730 |
| 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 | $53,819 |
| Total liabilities | $201,561 |
| Net assets without donor restrictions | $1,741,299 |
| Net assets with donor restrictions | $1,783,307 |
| 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 | $3,726,167 |
Grants Awarded
Over the last fiscal year, Ability Experience has awarded $87,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
EASTER SEALS WASHINGTON PURPOSE: PROVIDE CAMP EXPERIENCES TO CHILDREN AND ADULTS WITH DISABILITIES | $7,000 |
LIFE HAS NO BOUNDRIES PURPOSE: IMPROVE QUALITY OF LIFE FOR THOSE WITH INTELLECTUAL AND DEVELOPMENT DISABILITIES | $7,500 |
THE ARC OF TIPPECANOE COUNTY PURPOSE: EMPOWERS INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO LIVE A MEANINGFUL LIFE | $7,500 |
VIA SERVICES INC PURPOSE: TO EMPOWER PEOPLE WITH DISABILITIES | $8,000 |
CAMP CAMP PURPOSE: PROVIDE RECREATIONAL OPPORTUNITIES FOR INDIVIDUALS WITH MEDICAL CONDITIONS OR DISABILITIES | $10,000 |
CAMP CIVITAN PURPOSE: POVIDE CHILDREN AND ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES UNLIMITED EXPERIENCES AND MEMORIES | $10,000 |