Able2 Enhancing Potential Inc
- Assets
- $13.8m
- Revenue
- $17.0m
- Investments
- $0.0
- Employees
- 306
- Location
- Elmira, NY
- Founding
- 12/1978
- Data as of
- 12/2022
- EIN
- 16-1091767
Organization Overview
Able2 Enhancing Potential Inc is located in Elmira, NY. The organization was established in 1978. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Able2 Enhancing Potential Inc employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Able2 Enhancing Potential Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Able2 Enhancing Potential Inc generated $17.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $16.6m during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AGENCY PROVIDES SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES, INCLUDING RESIDENTIAL, DAY PROGRAM AND COMMUNITY HABILITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERMEDIATE CARE FACILITIES- RESIDENTIAL PROGRAM PROVIDES A COMMUNITY LIKE SETTING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS LIVING IN A PRIVATE SETTING. NUMBER OF PERSONS SERVED: 25
INDIVIDUALIZED RESIDENTIAL ALTERNATIVES- A FACILITY SERVICING MENTALLY DISABLED PERSONS, PROVIDING A HOME LIKE ENVIRONMENT OF ROOM, BOARD, & SUPERVISION FOR REHABILITATION PROGRAMS. NUMBER OF PERSONS SERVED: 36
HABILITATION SERVICES PROVIDED IN A NON-RESIDENTIAL ENVIRONMENT FOCUSING ON SELF-HELP, SOCIALIZATION AND ADAPTIVE SKILLS. NUMBER OF PERSONS SERVED: 100
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Less DDS Dentist | 40 | $154,272 | |
Leisa Alger Chief Executive Officer | Officer | 20 | $92,818 |
Donald Hilfiger Chief Financial Officer | Officer | 20 | $66,292 |
Aaron Alsheimer President | OfficerTrustee | 2 | $0 |
Rita Mccabe Secretary | OfficerTrustee | 2 | $0 |
Michael Battersby Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $89 |
| Membership dues | $0 |
| Fundraising events | $14,894 |
| Related organizations | $0 |
| Government grants | $574,947 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $672,259 |
| Total Program Service Revenue | $15,968,111 |
| Investment income | $49,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,565 |
| Net Income from Fundraising Events | $2,200 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,965,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,804 |
| Compensation of current officers, directors, key employees. | $128,804 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,545,298 |
| Pension plan accruals and contributions | $140,130 |
| Other employee benefits | $1,111,985 |
| Payroll taxes | $1,111,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,957 |
| Fees for services: Accounting | $38,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $219,280 |
| Advertising and promotion | $0 |
| Office expenses | $21,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $332,276 |
| Travel | $32,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $66,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $604,992 |
| Insurance | $116,657 |
| All other expenses | $547,743 |
| Total functional expenses | $16,560,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,856 |
| Savings and temporary cash investments | $6,212,220 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,503,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $89,375 |
| Net Land, buildings, and equipment | $2,290,013 |
| Investments—publicly traded securities | $2,616,948 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $846,038 |
| Total assets | $13,781,090 |
| Accounts payable and accrued expenses | $1,189,725 |
| Grants payable | $0 |
| Deferred revenue | $103,920 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $785,209 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $777,992 |
| Total liabilities | $2,856,846 |
| Net assets without donor restrictions | $10,924,244 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,781,090 |