J โ€” EmploymentEIN: 454656229ยท Ruling Year: 2014

Able Solutions Inc

Rockingham, Virginia

CHealth Score
38C

Financial Health Score

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

Below Average

๐Ÿ’ฐ
$5.7M
Total Revenue
๐Ÿ“Š
$6.2M
Total Expenses
๐Ÿฆ
-$572K
Net Assets
๐Ÿ“‹
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+32.1%
Year-over-year change (2023 โ†’ 2024)
Net Margin
-9.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.09
Net assets divided by total expenses
Liabilities-to-Assets
151.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2024$5,695,338โ†‘32%$6,225,717โ†‘30%$1,108,089โ†‘10%
2023$4,310,570โ†‘18%$4,803,047โ†‘11%$1,004,347โ†“15%
2022$3,659,599โ†“1%$4,321,936โ†‘9%$1,176,368โ†“24%
2021$3,707,418โ†“21%$3,978,180โ†“13%$1,552,668โ†“9%
2020$4,697,255โ†‘8%$4,547,333โ†‘8%$1,698,563โ†‘17%
2019$4,332,929โ†‘23%$4,211,330โ†‘29%$1,450,301โ†‘8%
2018$3,520,498โ†‘17%$3,265,633โ†‘19%$1,341,500โ†‘36%
2017$3,018,628โ†“4%$2,742,691โ†“2%$985,924โ†‘36%
2016$3,142,786โ†‘27%$2,811,859โ†‘17%$726,215โ†‘32%
2015$2,466,081โ†“4%$2,412,939โ†“3%$548,512โ†‘3%
2014$2,564,715โ†‘9%$2,499,796โ†‘13%$530,692โ†‘24%
2013$2,343,012$2,219,328$426,840

Frequently Asked Questions

What does Able Solutions Inc do?โ–ผ

Able Solutions Inc is a employment nonprofit organization based in Virginia. It is classified under NTEE code J30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Able Solutions Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Able Solutions Inc has a score of 38/100 (Grade: C). 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 Able Solutions Inc generate?โ–ผ

Able Solutions Inc reports $7.2M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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Able Solutions Inc โ€” Rockingham, VA | GiveScope