Abilitypath
- Assets
- $26.9m
- Revenue
- $19.3m
- Investments
- $388.9k
- Employees
- 378
- Location
- Redwood City, CA
- Founding
- 09/1946
- Data as of
- 06/2024
- EIN
- 94-1156502
Organization Overview
Abilitypath is located in Redwood City, CA. The organization was established in 1946. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2024, Abilitypath employed 378 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abilitypath 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 06/2024, Abilitypath generated $19.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $24.0m during the year ending 06/2024. While expenses have increased by 6.7% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER PEOPLE WITH SPECIAL NEEDS TO ACHIEVE THEIR FULL POTENTIAL THROUGH INNOVATIVE INCLUSIVE PROGRAMS AND COMMUNITY PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCHOOL - A MODEL OF INCLUSION WHERE CHILDREN WITH AND WITHOUT SPECIAL NEEDS LEARN AND PREPARE FOR KINDERGARTEN TOGETHER USING A PLAY-BASED CURRICULUM. APPROXIMATELY 340 ENROLLED.
EMPLOYMENT TRAINING, YOUTH AND TEEN SOCIAL RECREATION PROGRAM - EMPLOYMENT SERVICES: TRAINING, JOB PLACEMENTS, AND ON-THE-JOB COACHING IN SUPPORTED AND COMPETITIVE WORK ENVIRONMENTS. YOUTH AND TEEN SOCIAL RECREATION PROGRAM: HELPING YOUTH AND YOUNG ADULTS LEARN SOCIAL, WELLNESS, TECHNICAL AND INDEPENDENT LIVING SKILLS THROUGH A VARIETY OF RECREATIONAL CLASSES.
CHILDREN'S SERVICES INCLUDING FAMILY SUPPORT SERVICES - FREE DEVELOPMENTAL SCREENINGS AND CARE COORDINATION TO ENSURE THE EARLY IDENTIFICATION OF AND ACCESS TO SERVICES FOR CHILDREN WITH SPECIAL NEEDS AND THE PROFESSIONALS WHO SERVE THEM AND A FULL RANGE OF SPEECH, OCCUPATIONAL AND PHYSICAL THERAPY, AS WELL AS DEVELOPMENTAL CLASSES THAT HELP CHILDREN AGES 0 TO 15 MEET MILESTONES AND ESTABLISH A STRONG FOUNDATION FOR FUTURE LEARNING AND INDEPENDENCE. APPROXIMATELY 2,120 CHILDREN AND PARENTS SERVED.
ADULT SERVICES - PROGRAMS OFFERING INDEPENDENT LIVING AND VOCATIONAL TRAINING CLASSES, AS WELL AS EXPERIENTIAL LEARNING FOR ADULTS WITH SPECIAL NEEDS AND DISABILITIES. APPROXIMATELY 820 INDIVIDUALS ARE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Neider CEO | OfficerTrustee | 50 | $411,743 |
Steve Eskenazi Chair | OfficerTrustee | 5 | $0 |
Jennifer Wagstaff-Hinton Vice Chair | OfficerTrustee | 5 | $0 |
Cynthia Owyoung Secretary | OfficerTrustee | 5 | $0 |
Christopher Murphy Treasurer | OfficerTrustee | 5 | $0 |
Alexandria Cabral Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $64,180 |
| Related organizations | $0 |
| Government grants | $1,140,024 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,478,156 |
| Noncash contributions included in lines 1a–1f | $163,463 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,682,360 |
| Total Program Service Revenue | $15,281,440 |
| Investment income | $503,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,855 |
| Net Income from Fundraising Events | $767,408 |
| Net Income from Gaming Activities | -$2,598 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,279,912 |
| 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. | $1,941,811 |
| Compensation of current officers, directors, key employees. | $1,230,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,684,036 |
| Pension plan accruals and contributions | $360,861 |
| Other employee benefits | $2,774,747 |
| Payroll taxes | $1,006,019 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $152,676 |
| Fees for services: Accounting | $107,731 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $114,817 |
| Fees for services: Other | $1,190,966 |
| Advertising and promotion | $227,644 |
| Office expenses | $1,030,179 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,522,113 |
| Travel | $357,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,338 |
| Interest | $88,808 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $399,199 |
| Insurance | $27,903 |
| All other expenses | $159,677 |
| Total functional expenses | $23,998,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $736,026 |
| Savings and temporary cash investments | $6,065,811 |
| Pledges and grants receivable | $795,939 |
| Accounts receivable, net | $1,220,581 |
| Loans from Officers, Directors, or Controlling Persons | $1,067,459 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $192,595 |
| Net Land, buildings, and equipment | $3,040,859 |
| Investments—publicly traded securities | $10,025,078 |
| Investments—other securities | $388,932 |
| Investments—program-related | $0 |
| Intangible assets | $2,000 |
| Other assets | $3,355,129 |
| Total assets | $26,890,409 |
| Accounts payable and accrued expenses | $1,893,414 |
| Grants payable | $0 |
| Deferred revenue | $203,117 |
| 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 | $1,200,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,740,741 |
| Total liabilities | $5,037,272 |
| Net assets without donor restrictions | $18,369,498 |
| Net assets with donor restrictions | $3,483,639 |
| 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 | $26,890,409 |