Civic Intelligence

Abilities Without Boundaries Inc

990 • Fiscal year 2020 • EIN 06-0982494

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 04, 2020

615 West Johnson AvenueCheshire, CT 06410

(203) 272-5607

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.51x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.22x

Higher debt load relative to revenue than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

50th percentile

5.2%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

81st percentile

34%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,011,999

Up $254,225 (+34%) from 2019

Net Assets

Up

$500,515

Up $111,005 (+28%) from 2019

Liabilities

Up

$511,484

Up $143,220 (+39%) from 2019

Revenue

Down

$2,360,915

Down $388,073 (-14%) from 2019

Expenses

Down

$2,237,129

Down $449,930 (-17%) from 2019

Net Income

Up

$123,786

Up $61,857 (+100%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $322,191Liabilities 2011: $162,177Net Assets 2011: $160,0142011Assets 2012: $369,922Liabilities 2012: $176,975Net Assets 2012: $192,9472012Assets 2013: $462,962Liabilities 2013: $204,016Net Assets 2013: $258,9462013Assets 2014: $587,311Liabilities 2014: $271,276Net Assets 2014: $316,0352014Assets 2015: $506,351Liabilities 2015: $208,708Net Assets 2015: $297,6432015Assets 2016: $528,887Liabilities 2016: $263,516Net Assets 2016: $265,3712016Assets 2017: $553,609Liabilities 2017: $266,327Net Assets 2017: $287,2822017Assets 2018: $617,430Liabilities 2018: $293,679Net Assets 2018: $323,7512018Assets 2019: $757,774Liabilities 2019: $368,264Net Assets 2019: $389,5102019Assets 2020: $1,011,999Liabilities 2020: $511,484Net Assets 2020: $500,5152020Assets 2021: $1,795,059Liabilities 2021: $983,530Net Assets 2021: $811,5292021Assets 2022: $1,538,622Liabilities 2022: $670,670Net Assets 2022: $867,9522022Assets 2023: $1,710,550Liabilities 2023: $1,068,961Net Assets 2023: $641,5892023Assets 2024: $1,520,248Liabilities 2024: $972,977Net Assets 2024: $547,2712024Assets 2025: $1,312,964Liabilities 2025: $766,888Net Assets 2025: $546,0762025

Highlighted filing

2020

Assets$1,011,999
Liabilities$511,484
Net Assets$500,515

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,275,039Expenses 2011: $1,284,785Net Income 2011: -$9,7462011Revenue 2012: $1,607,721Expenses 2012: $1,575,883Net Income 2012: $31,8382012Revenue 2013: $1,753,393Expenses 2013: $1,692,185Net Income 2013: $61,2082013Revenue 2014: $1,925,443Expenses 2014: $1,876,969Net Income 2014: $48,4742014Revenue 2015: $1,892,859Expenses 2015: $1,913,261Net Income 2015: -$20,4022015Revenue 2016: $2,048,568Expenses 2016: $2,077,918Net Income 2016: -$29,3502016Revenue 2017: $2,068,802Expenses 2017: $2,061,017Net Income 2017: $7,7852017Revenue 2018: $2,313,487Expenses 2018: $2,289,590Net Income 2018: $23,8972018Revenue 2019: $2,748,988Expenses 2019: $2,687,059Net Income 2019: $61,9292019Revenue 2020: $2,360,915Expenses 2020: $2,237,129Net Income 2020: $123,7862020Revenue 2021: $1,993,702Expenses 2021: $1,743,494Net Income 2021: $250,2082021Revenue 2022: $2,375,329Expenses 2022: $2,290,284Net Income 2022: $85,0452022Revenue 2023: $2,722,819Expenses 2023: $2,974,645Net Income 2023: -$251,8262023Revenue 2024: $3,629,510Expenses 2024: $3,752,262Net Income 2024: -$122,7522024Revenue 2025: $3,623,062Expenses 2025: $3,637,405Net Income 2025: -$14,3432025

Highlighted filing

2020

Revenue$2,360,915
Expenses$2,237,129
Net Income$123,786
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 4, 2020
Return Version
2019v5.1
Gross Receipts
$2,360,915
Mission and Program Overview

Mission

To empower individuals with disabilities with the freedom and opportunity to succeed in social and vocational pursuits within a safe, nurturing environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$360,602$579,825▲ $219,223
Investments in Publicly Traded Securities$257,609$251,023▼ $6,586
Land, Buildings, and Equipment, Net$101,488$86,622▼ $14,866
Prepaid Expenses and Deferred Charges$7,683$58,859▲ $51,176
Accounts Receivable$30,392$35,670▲ $5,278
Total Assets$757,774$1,011,999▲ $254,225
Liabilities
Accounts Payable and Accrued Expenses$253,509$434,392▲ $180,883
Mortgage Notes Payable Secured by Investment Property$114,755$77,092▼ $37,663
Total Liabilities$368,264$511,484▲ $143,220
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$377,094$488,099▲ $111,005
Net Assets With Donor Restrictions$12,416$12,416→ $0
Total Net Assets Fund Balance$389,510$500,515▲ $111,005
Total Liabilities and Net Assets / Fund Balance$757,774$1,011,999▲ $254,225

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$86,622$459,137$545,759
Leasehold Improvements-$21,468$21,468

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$45,999---$45,999
2018$45,999---$45,999
2017$45,999---$45,999
2016$48,327-▲ $4,246$6,574$45,999
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rodriguez JulieDirectorFT$52,538$52,538
Dupree LeandreExecutive Director-$3,923$3,923

Board Members and Trustees

NameTitle
Saberski Lloyd MdPresident
Yalof ClayVice President
Atkins John PDirector
Barker GerryDirector
D'ADDIO EDWARDDirector
Grippe JosephDirector
O'BRIEN MICHAELDirector
Proffitt StevenDirector
Rowinski JudithExec Director/director
Cunningham Drew JSecretary
Visconti PeterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,139,370
Program Service Revenue
$157,273
Investment Income
$6,195
Other Revenue
$58,077
All Other Contributions
$31,548
Change in Net Assets
$123,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,360,915
Revenue Not Reported on Form 990
$-12,781
Total Revenue per Audited Statements
$2,348,134
Total Revenue per Form 990
$2,360,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,654,391
Other Expenses$582,738
Total Fundraising Expense$18,515
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,193,120$101,178-$1,294,298
Other Employee Benefits$170,076$24,723-$194,799
Fees for Services Other-$153,351-$153,351
Payroll Taxes$98,819$13,937-$112,756
Occupancy$68,455$31,247-$99,702
Other Expenses$78,107$9,654-$87,761
Office Expenses$31,773$10,582$18,515$60,870
Insurance$50,544$6,426-$56,970
Current Officers, Directors, Trustees, and Key Employees-$52,538-$52,538
Depreciation Depletion$37,128$834-$37,962
Conferences and Meetings$13,302$4,002-$17,304
Information Technology$15,844$222-$16,066
Interest$3,933$62-$3,995
Total Functional Expenses$1,807,250$411,364$18,515$2,237,129

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,237,129
Total Expenses per Audited Statements$2,237,129
Total Expenses per Form 990$2,237,129
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,077
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$58,077$58,077-$58,077
Total Events$58,077$58,077-$58,077
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Reviewed by treasurer, finance committee, and board of directors prior to being filed.

Form 990, Part VI, Section B, Line 12

Bod reviews all conflict of interest matters and documents when appropriate.

Form 990, Part VI, Section B, Line 15

Bod reviews third party info as well as published salary ranges.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon request.

Form 990, Part VI, Section A, Line 2

Two members of the board of directors are brothers.

Filing and Contact Details

Filer

Filer Name
Abilities Without Boundaries Inc
EIN
06-0982494
Phone
2032725607
Address
615 WEST JOHNSON AVENUE, CHESHIRE, CT 06410

Signing Officer

Name
Peter Visconti
Title
Treasurer
Signed
2020-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Visconti
Formed
1979
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
172
Volunteers
1

Preparer

Firm
Solakian and Company LLC
Address
829 BAYSHORE BOULEVARD, TAMPA, FL 33606
Preparer
Michael Solakian
Phone
2034838115
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 45,181, Grants and allocations 0, Revenue 0 INDIVIDUAL PLACEMENT SERVICES-INDIVIDUALLY TAILORED SUPPORTS THAT HELP CONSUMERS GAIN OR MAINTAIN SKILLS TO PARTICIPATE MORE FULLY AND PRODUCTIVELY IN WORK, LEISURE OR COMMUNITY ACTIVITIES.

Financial Statement Notes

X 2

The Organization has adopted the provisions of FASB ASC 740-10 Accounting for Uncertainty in Income Taxes and as a result has not recognized any liability for uncertain tax positions.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11090
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IRS990/PayrollTaxesGrp/TotalAmt0112756
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt180578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt076695
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt180578
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0993987
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt080578
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IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt022591
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt076695
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02527022
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04533
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0668027
IRS990/PYOtherRevenueAmt069589
IRS990/PYProgramServiceRevenueAmt0147844
IRS990/PYRevenuesLessExpensesAmt061929
IRS990/PYSalariesCompEmpBnftPaidAmt02019032
IRS990/PYTotalExpensesAmt02687059
IRS990/PYTotalRevenueAmt02748988
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0123786
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02139370
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0416142
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010677371
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt045999
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt045999
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt045999
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt06574
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0459137
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0545759
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021468
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt021468
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0-12781
IRS990ScheduleD/RevenueSubtotalAmt02360915
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the provisions of FASB ASC 740-10 Accounting for Uncertainty in Income Taxes and as a result has not recognized any liability for uncertain tax positions.
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IRS990ScheduleD/TotalRevenuePerForm990Amt02360915
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02348134
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt058077
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.77$0.55$3.62$3.64$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.52$0.97$0.55$3.63$3.75$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.71$1.07$0.64$2.72$2.97$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.67$0.87$2.38$2.29$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.98$0.81$1.99$1.74$0.25
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.51$0.50$2.36$2.24$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.37$0.39$2.75$2.69$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.29$0.32$2.31$2.29$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.27$0.29$2.07$2.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.26$0.27$2.05$2.08$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.21$0.30$1.89$1.91$0.02
2014Summary only. Only limited summary data is available for this year.$0.59$0.27$0.32$1.93$1.88$0.05
2013Summary only. Only limited summary data is available for this year.$0.46$0.20$0.26$1.75$1.69$0.06
2012Summary only. Only limited summary data is available for this year.$0.37$0.18$0.19$1.61$1.58$0.03
2011Summary only. Only limited summary data is available for this year.$0.32$0.16$0.16$1.28$1.28$0.01