Ability Kc
- Assets
- $13.9m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 296
- Location
- Kansas City, MO
- Founding
- 09/1953
- Data as of
- 12/2022
- EIN
- 44-0552045
Organization Overview
Ability Kc is located in Kansas City, MO. The organization was established in 1953. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Ability Kc employed 296 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ability Kc 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, Ability Kc generated $14.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $16.3m during the year ending 12/2022. While expenses have increased by 6.8% per year over the past 7 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
OUR MISSION IS TO BUILD BRIGHTER FUTURES FOR CHILDREN AND ADULTS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Sosland Chair | OfficerTrustee | 1 | $0 |
Robert V Jackson MD Vice Chair | OfficerTrustee | 1 | $0 |
Jim Clay Treasurer | OfficerTrustee | 1 | $0 |
Lauri Jones Secretary | OfficerTrustee | 1 | $0 |
Seth Baker Director | Trustee | 1 | $0 |
Bob Dunn Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stinson Llp Legal Services | 12/30/22 | $144,505 |
The Zack Group Inc Medical Staffing Services | 12/30/22 | $118,109 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $143,223 |
| Membership dues | $0 |
| Fundraising events | $292,190 |
| Related organizations | $0 |
| Government grants | $254,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,562,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,251,973 |
| Total Program Service Revenue | $11,339,204 |
| Investment income | $94,915 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $142,234 |
| Net Income from Fundraising Events | -$76,132 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,950,345 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,900 |
| 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. | $638,923 |
| Compensation of current officers, directors, key employees. | $638,923 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,740,940 |
| Pension plan accruals and contributions | $101,240 |
| Other employee benefits | $1,080,688 |
| Payroll taxes | $765,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,109 |
| Fees for services: Accounting | $77,157 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $133,094 |
| Advertising and promotion | $56,798 |
| Office expenses | $168,423 |
| Information technology | $299,215 |
| Royalties | $0 |
| Occupancy | $1,453,949 |
| Travel | $36,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,352 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $476,799 |
| Insurance | $154,060 |
| All other expenses | $566,866 |
| Total functional expenses | $16,310,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $563,573 |
| Savings and temporary cash investments | $608,610 |
| Pledges and grants receivable | $2,154,178 |
| Accounts receivable, net | $157,866 |
| 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 | $133,797 |
| Net Land, buildings, and equipment | $5,186,577 |
| Investments—publicly traded securities | $5,048,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,853,583 |
| Accounts payable and accrued expenses | $4,293,572 |
| Grants payable | $0 |
| Deferred revenue | $102,160 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,395,732 |
| Net assets without donor restrictions | $5,951,689 |
| Net assets with donor restrictions | $3,506,162 |
| 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 | $13,853,583 |