Nonprofit · EIN 20-2175098
ABLE WORKS
Tax-exempt · SAN FRANCISCO, CA 94104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990 | $1,869,268 | $1,991,173 | -$121,905 | $1,107,113 | $324,973 | $782,140 |
| September 30, 2023 | 990 | $1,745,479 | $1,639,925 | $105,554 | $1,201,847 | $332,926 | $868,921 |
Financial details: 990 for the year ended September 30, 2024
Revenue
- Contributions, gifts and grants
- $1,370,674
- Program service revenue
- $435,732
- Investment income
- $32,315
- Net rental income
- $30,547
- Other revenue
- $30,547
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $134,987
- Other salaries and wages
- $1,023,567
- Salaries, compensation and benefits (total)
- $1,512,569
- Professional fundraising fees
- $0
- Occupancy
- $45,944
- Travel
- $45,040
- Depreciation
- $7,860
- Program services (functional)
- $1,530,888
- Management and general (functional)
- $273,844
- Fundraising (functional)
- $186,441
Balance sheet and other
- Total assets, start of year
- $1,201,847
- Total assets, end of year
- $1,107,113
- Total liabilities, end of year
- $324,973
- Net assets, end of year
- $782,140
- Land, buildings and equipment
- $180,594
- Net assets without donor restrictions
- $586,332
- Net assets with donor restrictions
- $195,808
- Gross receipts
- $1,869,268
- Employees
- 20
- Volunteers
- 15
- Year formed
- 2005
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN LIOTTI | CEO Trustee or director, Officer | 60 | $134,987 |
| ADRIANA MICHEL | CHAIRPERSON Trustee or director, Officer | 8 | $0 |
| MICHELLE GOUREAUX | CO-CHAIRPERSON Trustee or director, Officer | 2 | $0 |
| KARL WELCH | DIRECTOR Trustee or director | 2 | $0 |
| JJ SCHNEIDER | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL DAVID | DIRECTOR Trustee or director | 2 | $0 |
| JAY CHUNG | SECRETARY Trustee or director | 2 | $0 |
| RODRIGO ORTEGO | DIRECTOR Trustee or director | 2 | $0 |
| SETH DICKSON | TREASURER Trustee or director | 2 | $0 |
| NANCY ORTBERG | DIRECTOR Trustee or director | 2 | $0 |
| ANINA TWEED | DIRECTOR Institutional trustee | 2 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Liotti | CEO Trustee or director, Officer | 60 | $131,056 |
| Michelle Goudeaux | Chairperson Trustee or director, Officer | 8 | $0 |
| Doug Morton | Treasurer Trustee or director, Officer | 2 | $0 |
| Adriana Michel | Director Trustee or director | 2 | $0 |
| Georgina Aubin | Director Trustee or director | 2 | $0 |
| Rev Paul Bains | Director Trustee or director | 2 | $0 |
| Jay Chung | Secretary Trustee or director, Officer | 4 | $0 |
| Michael David | Director Trustee or director | 2 | $0 |
| Karl Welch | Director Trustee or director | 2 | $0 |
| Nancy Ortberg | Director Trustee or director | 2 | $0 |
| JJ Schneider | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 548 MARKET ST PMB 74511, SAN FRANCISCO, CA 94104-5401
- In care of
- % JOHN LIOTTI
- Principal officer (990 for 2023)
- John Liotti, 101 Jefferson Drive, Menlo Park, CA 94025
- Signed the 990
- Chelsea Bjorkman, CFO
- Phone
- (650) 328-1890
- Website
- www.able.is
California records
California keeps its own records of charities and corporations. Search them by EIN 20-2175098 or by the name ABLE WORKS.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO EQUIP INDIVIDUALS WIH FINANCIAL EDUCATION, LIFE SKILLS AND ASSETS THAT ENABLE THEM TO LIVE FREE FROM OPPRESSION AND POVERTY.
Program accomplishments
- YOUTH PROGRAM: THE "FUTURE PROFITS" PROGRAM GOAL IS THE ENSURE JUNIOR AND SENIOR HIGH SCHOOL STUDENTS GAIN A GREATER VISION FOR THEIR FUTURE, INCREASE FINANCIAL KNOWLEDGE, BUILD HEALTHY FINANCIAL HABITS, AND IDENTIFY AND DRIVE THEIR OWN PATHWAY TOWARDS ECONOMIC FREEDOM. THIS PROGRAM OFFERS 24 LESSONS TO STUDENTS THROUGHOUT THE ACADEMIC YEAR.Expenses $580,464
- YOUTH PROGRAM: THE "ACHIEVABLE" PROGRAM GOAL IS TO ENSURE THAT GRADUATING HIGH SCHOOL SENIORS WHO ARE NOT IMMEDIATELY ATTENDING A 4-YEAR COLLEGE SUCCESSFULLY PURSUE AND COMPLETE AN INDUSTRY RECOGNIZED DEGREE AT A LOCAL COMMUNITY COLLEGE. MANY STUDENTS WILL TRANSFER TO A 4-YEAR COLLEGE TO PURSUE BACHELOR'S DEGREES. THIS IS A 24 MONTH PROGRAM WHICH INVOLVES WEEKLY COHORT MEETINGS, 1:1 COACHING, AND TEAM BUILDING ACTIVITIES.Expenses $450,711
- YOUTH PROGRAM: "LIVEABLE RELAUNCH" PROVIDES FINANCIAL EDUCATION AND LIFE SKILLS THROUGH A COHORT-BASED GROUP LEARNING ENVIRONMENT TO YOUNG ADULTS AGES 18-25 WHO ARE SEEKING A BETTER LIFE FOR THEMSELVES, THROUGH EMPLOYMENT, SCHOOLING, ETC. THIS PROGRAM OFFERS WEEKLY COHORT MEETINGS, 1:1 COACHING, AND TEAM BUILDING ACTIVITIES AND OUTINGS.Expenses $151,955
- YOUTH PROGRAM: FUTURE PROFITS 2.0: THE FUTURE PROFITS 2.0 PROGRAM GOAL IS TO ENSURE YOUTH AND YOUNG ADULTS IN NON-TRANSITIONAL SCHOOL SETTINGS GAIN A GREATER VISION FOR THEIR FUTURE, INCREASE FINANCIAL KNOWLEDGE, BUILD HEALTH FINANCIAL HABITS, AND IDENTIFY AND DRIVE THEIR OWN PATHWAY TOWARDS ECONOMIC FREEDOM. THIS PROGRAM OFFERS 8 LESSONS TO STUDENTS IN A 12 WEEK TIME FRAME.Expenses $347,758
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | Not on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 20-2175098
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $1,107,113
- Income (IRS master file)
- $1,869,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2024 | $1,869,268 | $1,991,173 | $1,107,113 | XML |
| 990 | September 2023 | $1,745,479 | $1,639,925 | $1,201,847 | XML |
| 990 | September 2022 | $1,671,590 | $2,167,702 | $1,136,349 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2175098).
Questions about ABLE WORKS
- What is the EIN of ABLE WORKS?
- The employer identification number (EIN) of ABLE WORKS is 20-2175098.
- Is ABLE WORKS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to ABLE WORKS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ABLE WORKS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ABLE WORKS due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ABLE WORKS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2024.
- Who is the principal officer of ABLE WORKS?
- The 990 for the year ended September 30, 2024 names John Liotti.
- Who are the officers and directors of ABLE WORKS?
- The 990 for the year ended September 30, 2024 lists 11 people; 1 received compensation from the organization, the highest $134,987 (JOHN LIOTTI, CEO).
- How much revenue does ABLE WORKS have?
- On its 990 for the year ended September 30, 2024 it reported revenue of $1,869,268, expenses of $1,991,173 and total assets of $1,107,113 at year end.
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All nonprofits in SAN FRANCISCO · California · Community improvement and capacity building