Able Foundation Inc.

990EZ • Fiscal year 2013 • EIN 86-0786420

Jul 01, 2012 to Jun 30, 2013 • Filed on Aug 06, 2013

Organization Profile N/A

3971 W Fuller St85552

Siviq Scores

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

0.14x

Higher debt load relative to assets than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

3.85x

Higher debt load relative to revenue than 98% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-188%

Higher net margin than 3% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

-6.7%

Faster asset growth than 33% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

-8.6%

Faster revenue growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets79th percentile

Assets

Down

$463,590

Down $33,100 (-6.7%) from 2012

Net Assets

$396,763

No earlier filing loaded for comparison.

Liabilities

Down

$66,827

Down $442 (-0.7%) from 2012

Revenue And Expenses

Liabilities / Revenue98th percentile Net Margin3rd percentile

Revenue

Down

$17,345

Down $1,628 (-8.6%) from 2012

Expenses

$50,003

Up $8,656 (+21%) from 2012

Net Income

Down

-$32,658

Down $10,284 (-46%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

Highlighted filing

2013

Assets$463,590

Liabilities$66,827

Net Assets$396,763

Open 2013 Filing

Operations Trend

Revenue Growth34th percentile

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

Highlighted filing

2013

Revenue$17,345

Expenses$50,003

Net Income-$32,658

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Aug 6, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

Provides scholarships to high school graduates.

Filing and Contact Details

Filer

EIN: 86-0786420

Raw XML Appendix122 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	45353
IRS990EZ/CashSavingsAndInvestments/EOY	0	49542
IRS990EZ/ContributionsGiftsGrantsEtc	0	0
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-32658
IRS990EZ/FeesAndOthPymtToIndContractors	0	1200
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/FundraisingGrossIncome	0	0
IRS990EZ/GainOrLossFromSaleOfAssets	0	0
IRS990EZ/GamingGrossIncome	0	0
IRS990EZ/GroProfitLossSalesOfInventory	0	0
IRS990EZ/GrossReceipts	0	17345
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InvestmentIncome	0	17345
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	0
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	429421
IRS990EZ/NetAssetsOrFundBalancesBOY	0	429421
IRS990EZ/NetAssetsOrFundBalances/EOY	0	396763
IRS990EZ/NetAssetsOrFundBalancesEOY	0	396763
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	14850
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	40.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	16183
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	CAROLYN A SMITH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	RICHARD A SMITH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	Executive Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Vice President
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	451337
IRS990EZ/OtherAssetsTotal/EOY	0	414048
IRS990EZ/OtherExpensesTotal	0	9520
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	Provides scholarships to high school graduates.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	THE ORGANIZATION PROVIDES SCHOLARSHIPS FOR HIGH SCHOOL GRADUATES TO GO TO COLLEGE IN ARIZONA AND COLORADO.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	50003
IRS990EZ/ProgramServiceRevenue	0	0
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/SalariesOtherCompEmplBenefits	0	24433
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SpecialEventsNetIncomeLoss	0	0
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	67269
IRS990EZ/SumOfTotalLiabilities/EOY	0	66827
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	3971 W FULLER ST
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	THATCHER
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	AZ
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	85552
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1	0	LORI RHINEHART
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	9284286595
IRS990EZ/TotalAssets/BOY	0	496690
IRS990EZ/TotalAssets/EOY	0	463590
IRS990EZ/TotalExpenses	0	50003
IRS990EZ/TotalProgramServiceExpenses	0	50003
IRS990EZ/TotalRevenue	0	17345
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/FactsAndCircumstancesTest	0	PT II LINE 17A: ABLE FOUNDATION INC. RECEIVES ITS INCOME FROM SALE OF A FIXED ASSET.;
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	0
IRS990ScheduleA/InvestmentIncomePercentage	0	0
IRS990ScheduleA/PrivateFoundation170	0	X
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0
IRS990ScheduleA/PublicSupportPertcentage170	0	0
IRS990ScheduleA/PublicSupportTotal170	0	0
IRS990ScheduleA/PublicSupportTotal509	0	0
IRS990ScheduleO/GeneralExplanation/Explanation	0	None
IRS990ScheduleO/GeneralExplanation/Explanation	1	DEPRECIATION 45. INTERNET 143. LICENSES & FEES 52. MEETINGS/TRAINING 211. OFFICE SUPPLIES 450. PAYROLL TAXES 2925. SCHOLARSHIPS 4500. STORAGE 840. TRAVEL 354.
IRS990ScheduleO/GeneralExplanation/Explanation	2	NOTE RECEIVABLE 451337. 413188. OFFICE EQUIPMENT/LESS DEPRECIATION 860.
IRS990ScheduleO/GeneralExplanation/Explanation	3	ACCOUNTS PAYABLE 65778. 65778. PAYROLL LIABILITIES 1491. 1049.
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/Identifier	2	Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	860786420
ReturnHeader/Filer/Name/BusinessNameLine1	0	ABLE FOUNDATION INC
ReturnHeader/Filer/NameControl	0	ABLE
ReturnHeader/Filer/Phone	0	9284286595
ReturnHeader/Filer/USAddress/AddressLine1	0	3971 W FULLER ST
ReturnHeader/Filer/USAddress/City	0	THATCHER
ReturnHeader/Filer/USAddress/State	0	AZ
ReturnHeader/Filer/USAddress/ZIPCode	0	85552
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-08-06
ReturnHeader/Officer/Name	0	CAROLYN SMITH
ReturnHeader/Officer/Phone	0	9284286595
ReturnHeader/Officer/Title	0	EXECUTIVE DIRECTOR
ReturnHeader/Preparer/DatePrepared	0	2013-08-05
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	LORI RHINEHART
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	3971 W FULLER ST
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	THATCHER
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	AZ
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	855525168
ReturnHeader/Preparer/Name	0	LORI RHINEHART
ReturnHeader/Preparer/Phone	0	9284286595
ReturnHeader/Preparer/SelfEmployed	0	X
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-08-05T20:43:07-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $463,590
Liabilities: $66,827
Net assets: $396,763
Revenue: $17,345
Expenses: $50,003
Net income: -$32,658

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2017Detailed filing. Detailed filing data is available for this year.	$2.51	$0.02	$2.50	$0.11	$0.61	$0.50
2016Detailed filing. Detailed filing data is available for this year.	$3.00	$0.00	$3.00	$0.10	$0.59	$0.50
2015Detailed filing. Detailed filing data is available for this year.	$3.51	$0.01	$3.50	$0.77	$0.67	$0.10
2014Detailed filing. Detailed filing data is available for this year.	$4.06	$0.67	$3.39	$0.16	$0.73	$0.57
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.64	$0.67	$3.97	$0.17	$0.50	$0.33
2012Summary only. Only limited summary data is available for this year.	$4.97	$0.67		$0.19	$0.41	$0.22
2011Summary only. Only limited summary data is available for this year.	$5.19	$0.68	$4.52	$0.20	$0.46	$0.26