B โ€” EducationEIN: 834134607ยท Ruling Year: 2022

The Ability Challenge Incorporated

Chevy Chase, Maryland

BHealth Score
63B

Financial Health Score

Provisional

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

Above Average

๐Ÿ’ฐ
$1.0M
Total Revenue
๐Ÿ“Š
$564K
Total Expenses
๐Ÿฆ
$465K
Net Assets
๐Ÿ“‹
$12K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+356.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+43.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
2.5%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$1,001,930โ†‘356%$564,373โ†‘270%$477,141โ†‘535%
2022$219,616$152,591$75,111

Frequently Asked Questions

What does The Ability Challenge Incorporated do?โ–ผ

The Ability Challenge Incorporated is a education nonprofit organization based in Maryland. It is classified under NTEE code B02 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Ability Challenge Incorporated financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Ability Challenge Incorporated.

How much revenue does The Ability Challenge Incorporated generate?โ–ผ

The Ability Challenge Incorporated reports $815K in annual revenue and holds $558K in total assets, based on IRS filings.

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The Ability Challenge Incorporated โ€” Chevy Chase, MD | GiveScope