JEmploymentEIN: 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$2,718,20620%$2,594,84015%$3,823,2045%
2022$2,270,46012%$2,264,22111%$3,647,1691%
2021$2,568,31012%$2,048,7827%$3,683,20129%
2020$2,289,993$1,909,31617%$2,857,62614%
2019$2,300,26718%$2,287,7889%$2,504,1411%
2018$2,808,37928%$2,092,3411%$2,471,16314%
2017$2,191,908$2,107,9384%$2,860,686
2016$2,192,7262%$2,029,10216%$2,869,5113%
2015$2,157,2852%$1,749,0564%$2,784,18427%
2014$2,108,95026%$1,814,23710%$2,193,44941%
2013$1,676,1914%$1,652,9158%$1,552,234138%
2012$1,613,4685%$1,528,5103%$650,85813%
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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