ZUnclassifiedEIN: 161091767· Ruling Year: 1978

Able2 Enhancing Potential Inc

Elmira, New York

B+Health Score
68B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.84×
Peer Median5.86×
💰
$15.1M
Total Revenue
📊
$14.3M
Total Expenses
🏦
$12.0M
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.2%
Year-over-year change (2022 → 2023)
Net Margin
+5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
18.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$15,073,21011%$14,257,27214%$14,837,2368%
2022$16,965,4948%$16,560,67416%$13,781,0905%
2021$15,736,2115%$14,222,7983%$14,514,0903%
2020$14,931,877$14,670,669$14,924,80825%
2019$14,966,2485%$14,650,3556%$11,953,5632%
2018$14,215,4852%$13,835,4144%$11,699,3943%
2017$13,870,0275%$14,417,6961%$12,019,7342%
2016$14,582,3394%$14,326,1774%$12,324,7182%
2015$14,065,1145%$13,797,8975%$12,557,07414%
2014$14,880,9886%$14,503,5037%$14,630,4574%
2013$15,811,1686%$15,516,0673%$14,091,1042%
2012$16,889,734$15,987,903$13,796,9892%
2011$16,837,426$15,980,333$14,090,503

Frequently Asked Questions

What does Able2 Enhancing Potential Inc do?

Able2 Enhancing Potential Inc is a unclassified nonprofit organization based in New York. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Able2 Enhancing Potential Inc financially healthy?

Based on our 9-metric Financial Health Score model, Able2 Enhancing Potential Inc has a score of 68/100 (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 Able2 Enhancing Potential Inc generate?

Able2 Enhancing Potential Inc reports $14.5M in annual revenue and holds $15.6M in total assets, based on IRS filings.

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