Overview
What is Able Works?
Able Works is a nonprofit organization situated in San Francisco, California, specifically at 548 Market St PMB 74511. Their primary mission is to empower individuals, especially junior and senior high school students, by providing them with financial education and essential life skills. This is achieved through their program "FutureProfits," which offers 24 lessons throughout the academic year, aiming to enhance financial knowledge, foster healthy financial habits, and guide students towards a pathway leading to economic freedom. In addition, Able Works aims to help individuals break free from the shackles of poverty and oppression by equipping them with necessary assets. Their team comprises 21 dedicated individuals.
Official website here: www.able.is
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Able Works has received a strong rating of 92% from Charity Navigator, indicating a high level of accountability and financial health. The organization has achieved full marks in several key areas, including having a fully independent board and a comprehensive conflict of interest policy. Their financial statements are rigorously audited, demonstrating transparency and responsibility in their financial practices.
The charity excels in its program expense ratio, with approximately 76.68% of its expenses going directly to programs. This reflects a commitment to effectively using resources to benefit the community. Additionally, Able Works has shown significant investment in leadership development and adaptability, scoring perfectly in these categories. These strengths suggest a proactive approach to both staffing and responding to community needs.
However, while the organization scores well in most areas, the culture and community score of 87 indicates there may still be room for improvement in fostering community engagement or addressing cultural inclusiveness. Nevertheless, the overall high ratings highlight the organization's commitment to its mission and responsible management practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Able Works?
92% of 16 reviewers on Facebook recommend Able Works. Here is a summary of their reviews:
Overall, individuals appreciate the organization's mission and services. Many users highlight the positive impact that the educational programs have had on their lives, noting a supportive learning environment that promotes interaction and engagement. However, there is concern regarding staffing changes, particularly the removal of a well-liked instructor who was integral in fostering a positive atmosphere and encouraging students to think about their futures. This abrupt change has left some feeling dissatisfied, indicating that consistency in teaching staff is important to maintain the program's effectiveness.
In conclusion, while the majority of reviews reflect a strong endorsement of Able Works for its educational initiatives, the recent staff changes have caused some discontent among the participants, suggesting a need for better communication and stability within the team to ensure continued satisfaction.
This AI summary has been generated from reviews found on Facebook.
Is Able Works legitimate?
Able Works is a legitimate nonprofit organization registered as a 501(c)(3) entity. Able Works submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $124,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,044,485
For more financial information, click here
Official website here: www.able.is
What is the mission statement of Able Works?
Able Works, as an organization, is committed to a mission of empowering individuals by providing them with financial education, essential life skills, and valuable assets. This empowerment aims to help individuals break free from the chains of oppression and poverty. The organization's mission is encapsulated in its activities, one of which is the "FutureProfits" program for junior and senior high school students. This program aims to broaden their future vision, enhance their financial knowledge, instill healthy financial habits, and guide them towards personal economic freedom. It achieves this goal through a series of 24 lessons offered throughout the academic year.
Official website here: www.able.is
Who is the CEO of Able Works?
John Liotti is the Ceo of Able Works. The CEO's salary of Able Works is $124,002 and their total compensation is $124,002.
Official website here: www.able.is
What is the revenue of Able Works?
Able Works's revenue in 2022 was $1,671,590.
Official website here: www.able.is
Who are the executives of Able Works and what are their salaries?
The average compensation at Able Works during 2022 was $55,642. There are 21 employees and 11 volunteers at Able Works.
Here are 11 key members and their salaries (Able Works's CEO's salary is $124,002 and their total compensation is $124,002):
- Compensation: $124,002
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.able.is
Where can I find the form 990 for Able Works?
Able Works's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.able.is
Learn more at the official website: www.able.is
Mission Statement of Able Works
Able Works, as an organization, is dedicated to empowering individuals by providing them with financial education, essential life skills, and valuable assets. The mission of Able Works is to enable these individuals to break free from the chains of oppression and poverty. Through its initiatives, the nonprofit seeks to equip people with the tools necessary to improve their financial literacy, establish healthy financial habits, and chart a course towards economic independence.
One of the ways Able Works achieves its mission is through its FutureProfits program, which targets junior and senior high school students. The goal of this program is to inspire these students to envision a prosperous future for themselves, while simultaneously enhancing their financial knowledge and instilling financially responsible habits. The FutureProfits program offers a comprehensive curriculum of 24 lessons to students throughout the academic year, aiming to equip them with the necessary skills to secure their financial freedom. By doing so, Able Works seeks to contribute to a more financially stable and economically independent community.
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Impact
August, 2024
Able Works equips individuals with financial education, life skills, and assets that enable them to live free from oppression and poverty. Through its "FutureProfits" program, Able Works aims to empower junior and senior high school students by expanding their vision for the future, enhancing financial knowledge, promoting healthy financial habits, and helping them chart a course towards economic freedom. This impactful initiative offers 24 lessons to students throughout the academic year, fostering a foundation for financial independence and personal growth.
This information is meant to be a general summary of Able Works. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,501
- Program Service Revenue: $140,000
- Gross Receipts: $1,671,590
Assets and Liabilities:
- Total Assets: $1,136,349
- Total Liabilities: $374,965
- Net Assets: $761,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$140,000
Organization Details
Founding Year
2005
Phone
(650) 328-1890Principal Officer
John Liotti
Main Address
548 Market St PMB 74511, San Francisco, CA, 94104
Website
www.able.isNTEE Category
Code: S31 - Community improvement
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