J — EmploymentEIN: 341150124· Ruling Year: 1994

Ability Works Inc

Sandusky, Ohio

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$2.7M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$3.6M
Net Assets
📋
$174K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.7%
Year-over-year change (2022 → 2023)
Net Margin
+4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.41
Net assets divided by total expenses
Liabilities-to-Assets
4.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,718,206↑20%$2,594,840↑15%$3,823,204↑5%
2022$2,270,460↓12%$2,264,221↑11%$3,647,169↓1%
2021$2,568,310↑12%$2,048,782↑7%$3,683,201↑29%
2020$2,289,993$1,909,316↓17%$2,857,626↑14%
2019$2,300,267↓18%$2,287,788↑9%$2,504,141↑1%
2018$2,808,379↑28%$2,092,341↓1%$2,471,163↓14%
2017$2,191,908$2,107,938↑4%$2,860,686
2016$2,192,726↑2%$2,029,102↑16%$2,869,511↑3%
2015$2,157,285↑2%$1,749,056↓4%$2,784,184↑27%
2014$2,108,950↑26%$1,814,237↑10%$2,193,449↑41%
2013$1,676,191↑4%$1,652,915↑8%$1,552,234↑138%
2012$1,613,468↑5%$1,528,510↓3%$650,858↑13%
2011$1,541,273$1,578,135$576,968

Frequently Asked Questions

What does Ability Works Inc do?▼

Ability Works Inc is a employment nonprofit organization based in Ohio. It is classified under NTEE code J33 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ability Works Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Ability Works Inc has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ability Works Inc generate?▼

Ability Works Inc reports $3.7M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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