Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
The Ability Experience
EIN 58-1588777 • 501(c)3 • Charlotte, NC
Profile
The ability experience uses shared experiences to support people with disabilities and develop the men of pi kappa phi into servant leaders. We have partnered with than 264 camps and organizations that serve people with disabilities. The primary activities of the organization include volunteering on campus communities, building accessible amenities, and hosting friendship visits through our cycling events.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.08x
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 11.4% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Balance Sheet
Assets
Up$4,719,300
Up $993,133 (+27%) from 2023
Liabilities
Up$365,236
Up $163,675 (+81%) from 2023
Net Assets
Up$4,354,064
Up $829,458 (+24%) from 2023
Revenue
Up$2,947,028
Up $580,738 (+25%) from 2023
Expenses
Up$2,792,895
Up $589,310 (+27%) from 2023
Net Income
Down$154,133
Down $8,572 (-5.3%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $4,719,300
- Liabilities
- $365,236
- Net assets
- $4,354,064
- Revenue
- $2,947,028
- Expenses
- $2,792,895
- Net income
- $154,133
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Aug 12, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $2,948,240
Mission and Program Overview
Mission
The ability experience uses shared experiences to support people with disabilities and develop the men of pi kappa phi into servant leaders. We have partnered with than 264 camps and organizations that serve people with disabilities. The primary activities of the organization include volunteering on campus communities, building accessible amenities, and hosting friendship visits through our cycling events.
To serve people with disabilities.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $3,233,464 | $4,154,461 | ▲ $920,997 |
| Cash and Non-Interest-Bearing Accounts | $380,091 | $492,605 | ▲ $112,514 |
| Land, Buildings, and Equipment, Net | $19,984 | $6,857 | ▼ $13,127 |
| Prepaid Expenses and Deferred Charges | $29,009 | $3,034 | ▼ $25,975 |
| Accounts Receivable | $9,800 | $3,024 | ▼ $6,776 |
| Total Assets | $3,726,167 | $4,719,300 | ▲ $993,133 |
| Other Assets Total | $53,819 | $59,319 | ▲ $5,500 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $86,012 | $285,764 | ▲ $199,752 |
| Other Liabilities | $53,819 | $59,319 | ▲ $5,500 |
| Deferred Revenue | $61,730 | $20,153 | ▼ $41,577 |
| Total Liabilities | $201,561 | $365,236 | ▲ $163,675 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $1,783,307 | $2,239,349 | ▲ $456,042 |
| Net Assets Without Donor Restrictions | $1,741,299 | $2,114,715 | ▲ $373,416 |
| Total Net Assets Fund Balance | $3,524,606 | $4,354,064 | ▲ $829,458 |
| Total Liabilities and Net Assets / Fund Balance | $3,726,167 | $4,719,300 | ▲ $993,133 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $6,857 | $57,910 | $64,767 |
| Other Securities | $275,724 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jake Henderson | CEO | FT | $226,667 | $109,320 | $335,987 |
| Basil Lyberg | President & Executive Dire | FT | $140,790 | $25,905 | $166,695 |
Board Members and Trustees
| Name | Title |
|---|---|
| Joel Borellis | Chairman |
| Phillip Hamilton | Vice Chair/chair Elect |
| Andrae Turner | Liaison |
| Anne Havard | Member |
| Erik Estrada | Member |
| Jackson Escamilla | Member |
| Jim Karlovec | Member |
| Leslie Conrad | Member |
| Mark Urrutia | Member |
| Michael Carter | Member |
| Russ Faulkner | Member |
| Scott Thomas | Member |
| Shane Mulrooney | Member |
| Tom Carter | Member |
| Michael Davis |