J — EmploymentEIN: 941156502· Ruling Year: 1946

Abilitypath

Redwood City, California

B+Health Score
69B+

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 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.91×
Peer Median4.74×
💰
$19.3M
Total Revenue
📊
$24.0M
Total Expenses
🏦
$21.9M
Net Assets
📋
$5.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-45.8%
Year-over-year change (2023 → 2024)
Net Margin
-24.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.91
Net assets divided by total expenses
Liabilities-to-Assets
18.7%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$19,279,912↓46%$23,998,220↑1%$26,890,409↓17%
2023$35,546,763↑57%$23,749,756↑24%$32,450,696↑90%
2022$22,585,248↑17%$19,193,281↑3%$17,118,764↑8%
2021$19,322,847↓17%$18,678,779↓8%$15,823,232↑8%
2020$23,288,625↑47%$20,365,284↑25%$14,650,596↑60%
2019$15,858,878↑1%$16,277,692$9,165,508↓9%
2018$15,660,595↑15%$16,227,384↑9%$10,039,731↓1%
2017$13,674,587↓9%$14,889,799↑4%$10,092,120↓12%
2016$15,025,973↑12%$14,256,068↑11%$11,533,801↑14%
2015$13,371,245↓1%$12,868,391↑2%$10,117,098↑1%
2014$13,472,925↑37%$12,630,241↑25%$10,046,306↑14%
2013$9,843,566↑4%$10,105,323↑7%$8,774,304
2012$9,477,026$9,404,969↓7%$8,804,273
2011$9,503,092$10,151,796$8,774,037

Frequently Asked Questions

What does Abilitypath do?▼

Abilitypath is a employment nonprofit organization based in California. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Abilitypath financially healthy?▼

Based on our 9-metric Financial Health Score model, Abilitypath has a score of 69/100 (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 Abilitypath generate?▼

Abilitypath reports $22.9M in annual revenue and holds $22.5M in total assets, based on IRS filings.

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