Civic Intelligence

Ability 2 Work

990 • Fiscal year 2016 • EIN 46-3638048

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

42 Route 12Flemington, NJ 08822

(908) 782-3458

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

37th percentile

-1.4%

Higher net margin than 37% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

43rd percentile

-0.4%

Faster asset growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

7.3%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,006,310

Down $7,194 (-0.4%) from 2015

Net Assets

Down

$2,006,310

Down $7,194 (-0.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$499,620

Up $34,001 (+7.3%) from 2015

Expenses

Up

$506,814

Up $36,436 (+7.7%) from 2015

Net Income

Down

-$7,194

Down $2,435 (-51%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $2,018,263Liabilities 2014: $0Net Assets 2014: $2,018,2632014Assets 2015: $2,013,504Liabilities 2015: $0Net Assets 2015: $2,013,5042015Assets 2016: $2,006,310Liabilities 2016: $0Net Assets 2016: $2,006,3102016Assets 2017: $2,003,096Liabilities 2017: $0Net Assets 2017: $2,003,0962017Assets 2018: $2,008,012Liabilities 2018: $50,000Net Assets 2018: $1,958,0122018Assets 2019: $2,004,121Liabilities 2019: $205,758Net Assets 2019: $1,798,3632019Assets 2020: $2,002,899Liabilities 2020: $205,758Net Assets 2020: $1,797,1412020Assets 2021: $2,005,954Liabilities 2021: $205,758Net Assets 2021: $1,800,1962021Assets 2022: $2,007,338Liabilities 2022: $205,758Net Assets 2022: $1,801,5802022Assets 2023: $2,005,066Liabilities 2023: $205,758Net Assets 2023: $1,799,3082023Assets 2024: $2,004,098Liabilities 2024: $205,758Net Assets 2024: $1,798,3402024

Highlighted filing

2016

Assets$2,006,310
Liabilities$0
Net Assets$2,006,310

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $313,664Expenses 2014: $311,835Net Income 2014: $1,8292014Revenue 2015: $465,619Expenses 2015: $470,378Net Income 2015: -$4,7592015Revenue 2016: $499,620Expenses 2016: $506,814Net Income 2016: -$7,1942016Revenue 2017: $472,475Expenses 2017: $475,689Net Income 2017: -$3,2142017Revenue 2018: $464,260Expenses 2018: $509,344Net Income 2018: -$45,0842018Revenue 2019: $324,028Expenses 2019: $483,677Net Income 2019: -$159,6492019Revenue 2020: $90,464Expenses 2020: $91,686Net Income 2020: -$1,2222020Revenue 2021: $81,102Expenses 2021: $80,580Net Income 2021: $5222021Revenue 2022: $60,638Expenses 2022: $59,254Net Income 2022: $1,3842022Revenue 2023: $62,596Expenses 2023: $64,868Net Income 2023: -$2,2722023Revenue 2024: $57,370Expenses 2024: $58,338Net Income 2024: -$9682024

Highlighted filing

2016

Revenue$499,620
Expenses$506,814
Net Income-$7,194
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$499,620
Mission and Program Overview

Mission

We are a 501(c)(3) focused on finding and nurturing what our differently-abled students and workers can do rather than what they can't.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,000,000$2,000,000→ $0
Cash and Non-Interest-Bearing Accounts$13,504$6,310▼ $7,194
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,013,504$2,006,310▼ $7,194
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,013,504$2,006,310▼ $7,194
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,013,504$2,006,310▼ $7,194
Total Liabilities and Net Assets / Fund Balance$2,013,504$2,006,310▼ $7,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,000,000-$2,000,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe HaraizmPresident/director
Carole RussoVice President/director
Karen Monroy PhdCEO/director
Julie Dirico-hymanSecretary/director
Bruce ZalzanickTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$206,920
Program Service Revenue
$292,700
Investment Income
$0
Other Revenue
$0
All Other Contributions
$206,920
Change in Net Assets
$-7,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$506,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$210,877--$210,877
Occupancy$60,320--$60,320
Insurance-$17,711-$17,711
Advertising$8,289--$8,289
Other Expenses$6,971--$6,971
Office Expenses$3,590$2,418-$6,008
Fees for Services Accounting-$3,800-$3,800
Travel$1,378--$1,378
Total Functional Expenses$482,885$23,929$0$506,814
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

CORE FORM, PART VI, SECTION A; QUESTION 7

Election of governing body members the members of this organization's governing body, its board of trustees, have the right to elect new members to the governing body.

CORE FORM, PART VI, SECTION B; QUESTION 11B

990 review process the organization's federal form 990 was provided to each voting member of its governing body, its board of trustees, prior to filing with the internal revenue service ("irs"). As part of the tax return preparation process the organization hired a professional cpa firm with experience and expertise in not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's treasurer to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's treasurer for review. The organization's treasurer reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's treasurer for final review and approval prior to filing with the irs.

CORE FORM, PART VI, SECTION B; QUESTION 12

Conflict of interest policy the organization adopted a conflict of interest policy and regularly monitors and enforces compliance with its conflict of interest policy. Annually all members of the board of trustees are required to review the existing conflict of interest policy and complete a questionnaire. The completed questionnaires are returned to the organization's board president. All responses to conflict of interest disclosure statements are reviewed for full compliance with the organization's policies.

CORE FORM, PART VI, SECTION B; QUESTION 15

Compensation approval process the organization does not have employees; nor does it have a need for employees. In the event the organization has a need for and retains employees in the future, a compensation review and approval process that meets the criteria outlined in the internal revenue service rebuttable presumption of reasonableness will be put in place.

CORE FORM, PART VI, SECTION C; QUESTION 19

Availability of documents the organization's filed certificate of incorporation and any amendments can be obtained and reviewed through the state of new jersey department of the treasury.

Filing and Contact Details

Filer

Filer Name
Ability 2 Work
EIN
46-3638048
In Care Of
% KAREN MONROY PHD
Phone
9087823458
Address
42 ROUTE 12, FLEMINGTON, NJ 08822

Signing Officer

Name
Karen Monroy Phd
Title
CEO
Phone
9083912614
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Monroy Phd
Formed
2013
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
WithumSmithBrown PC
Address
200 Jefferson Park Suite 400, Whippany, NJ 07981-1070
Preparer
Brad Caruso
Phone
9738989494
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:subcontractors total fees:210877

Raw XML AppendixShowing 400 of 430 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/TotalSupportAmt0313840
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTION OF GOVERNING BODY MEMBERS THE MEMBERS OF THIS ORGANIZATION'S GOVERNING BODY, ITS BOARD OF TRUSTEES, HAVE THE RIGHT TO ELECT NEW MEMBERS TO THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 REVIEW PROCESS THE ORGANIZATION'S FEDERAL FORM 990 WAS PROVIDED TO EACH VOTING MEMBER OF ITS GOVERNING BODY, ITS BOARD OF TRUSTEES, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE ("IRS"). AS PART OF THE TAX RETURN PREPARATION PROCESS THE ORGANIZATION HIRED A PROFESSIONAL CPA FIRM WITH EXPERIENCE AND EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION TO PREPARE THE FEDERAL FORM 990. THE CPA FIRM'S TAX PROFESSIONALS WORKED CLOSELY WITH THE ORGANIZATION'S TREASURER TO OBTAIN THE INFORMATION NEEDED IN ORDER TO PREPARE A COMPLETE AND ACCURATE TAX RETURN. THE CPA FIRM PREPARED A DRAFT FEDERAL FORM 990 AND FURNISHED IT TO THE ORGANIZATION'S TREASURER FOR REVIEW. THE ORGANIZATION'S TREASURER REVIEWED THE DRAFT FEDERAL FORM 990 AND DISCUSSED QUESTIONS AND COMMENTS WITH THE CPA FIRM. REVISIONS WERE MADE TO THE DRAFT FEDERAL FORM 990 WHERE NECESSARY AND A FINAL DRAFT WAS FURNISHED BY THE CPA FIRM TO THE ORGANIZATION'S TREASURER FOR FINAL REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY THE ORGANIZATION ADOPTED A CONFLICT OF INTEREST POLICY AND REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. ANNUALLY ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO REVIEW THE EXISTING CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONNAIRE. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION'S BOARD PRESIDENT. ALL RESPONSES TO CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED FOR FULL COMPLIANCE WITH THE ORGANIZATION'S POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION APPROVAL PROCESS THE ORGANIZATION DOES NOT HAVE EMPLOYEES; NOR DOES IT HAVE A NEED FOR EMPLOYEES. IN THE EVENT THE ORGANIZATION HAS A NEED FOR AND RETAINS EMPLOYEES IN THE FUTURE, A COMPENSATION REVIEW AND APPROVAL PROCESS THAT MEETS THE CRITERIA OUTLINED IN THE INTERNAL REVENUE SERVICE REBUTTABLE PRESUMPTION OF REASONABLENESS WILL BE PUT IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABILITY OF DOCUMENTS THE ORGANIZATION'S FILED CERTIFICATE OF INCORPORATION AND ANY AMENDMENTS CAN BE OBTAINED AND REVIEWED THROUGH THE STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION:SUBCONTRACTORS TOTAL FEES:210877
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0CORE FORM, PART VI, SECTION A; QUESTION 7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CORE FORM, PART VI, SECTION B; QUESTION 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CORE FORM, PART VI, SECTION B; QUESTION 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CORE FORM, PART VI, SECTION B; QUESTION 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CORE FORM, PART VI, SECTION C; QUESTION 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART IX LINE 11G
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0506814
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IRS990/USAddress/AddressLine1Txt042 ROUTE 12
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN MONROY PHD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO

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