BEducationEIN: 471406410· Ruling Year: 2017

Able Academy

Warrenville, Illinois

B-Health Score
54B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.11×
Peer Median20.77×
💰
$1.8M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$209K
Net Assets
📋
$189K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.5%
Year-over-year change (2023 → 2024)
Net Margin
-11.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.11
Net assets divided by total expenses
Liabilities-to-Assets
47.5%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2024$1,760,0574%$1,964,6939%$398,18642%
2023$1,842,5484%$1,808,75916%$686,64968%
2022$1,777,7988%$1,564,9807%$408,54670%
2021$1,640,93333%$1,460,63321%$239,87217%
2020$1,232,27961%$1,208,89154%$204,71526%
2019$763,656145%$786,696154%$162,2277%
2018$311,597759%$309,82211885%$152,148352%
2016$36,272$2,585$33,687

Frequently Asked Questions

What does Able Academy do?

Able Academy is a education nonprofit organization based in Illinois. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Able Academy financially healthy?

Based on our 9-metric Financial Health Score model, Able Academy has a score of 54/100 (Grade: B-). 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 Academy generate?

Able Academy reports $2.3M in annual revenue and holds $319K in total assets, based on IRS filings.

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