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The Ability Experience

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581588777 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Ability Experience?

The Ability Experience is a distinguished nonprofit organization, primarily associating with Pi Kappa Phi fraternity members. Their primary objective is to foster a supportive community for individuals with disabilities while nurturing the fraternity members into compassionate leaders, known as servant leaders. Through shared experiences, they strive to recognize and appreciate the abilities of all individuals, aiming to build strong, meaningful relationships. By engaging in this mission, they contribute significantly to the well-being of those with disabilities and shape the future leaders of the fraternity.


Official website here: www.theabilityexperience.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star Rating

The Ability Experience has achieved a remarkable 97% rating from Charity Navigator, reflective of its strong commitment to accountability and financial management. With a score of 99 for Accountability & Finance, the organization demonstrates a high level of transparency and effective use of funds, highlighted by a program expense ratio of 68.41% and an impressive fundraising efficiency ratio of just $0.13. The organization’s structure is solid, featuring a fully independent board of directors and various policies in place that ensure ethical governance.

Strengths of The Ability Experience include exceptional scores in leadership adaptability, program implementation, and feedback collection and usage, all receiving perfect 100s. This indicates a proactive approach to both organizational growth and responsiveness to stakeholder needs. The strong financial health of the organization is evidenced by its working capital ratio of 2.05 years, which suggests a comfortable buffer for future activities and initiatives.

While the organization excels in most areas, it has room for improvement in its Culture & Community score of 86. Although this is still a solid rating, feedback indicates potential opportunities to further enhance community engagement and organizational culture. Overall, The Ability Experience presents a well-managed nonprofit with a strong foundation and a commitment to continuous improvement.


This AI summary has been generated from information found on Charity Navigator.

Is The Ability Experience legitimate?

The Ability Experience is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ability Experience 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $651,642

For more financial information, click here


Official website here: www.theabilityexperience.org

What is the mission statement of The Ability Experience?

The mission of The Ability Experience is centered around serving individuals with disabilities and fostering the development of Pi Kappa Phi fraternity members into servant leaders. Through shared experiences, they strive to establish a community where the abilities of all individuals are recognized and appreciated. Their objective is to create meaningful relationships, one at a time, thereby promoting an environment where the value of all capabilities is recognized and celebrated.


Official website here: www.theabilityexperience.org

Who is the CEO of The Ability Experience?

Basil Lyberg is the Treasurer of The Ability Experience. The CEO's salary of The Ability Experience is $111,779 and their total compensation is $115,073.


Official website here: www.theabilityexperience.org

What is the revenue of The Ability Experience?

The Ability Experience's revenue in 2022 was $2,696,656.


Official website here: www.theabilityexperience.org

Who are the executives of The Ability Experience and what are their salaries?

The average compensation at The Ability Experience during 2022 was $43,443. There are 15 employees and 750 volunteers at The Ability Experience.


Here are 16 key members and their salaries (The Ability Experience's CEO's salary is $111,779 and their total compensation is $115,073):


Brad Jensen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Perce (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Dillon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Borellis (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Urrutia (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Lloyd Hamilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Faulkner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Carter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Karlovec (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Thomas (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Loy (Liaison)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Mulrooney (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Estrada (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Basil Lyberg (President & Exec)
  • Compensation: $151,444
  • Related: $0
  • Other: $22,793
Jake Henderson (Ceo)
  • Compensation: $111,779
  • Related: $0
  • Other: $3,294


Official website here: www.theabilityexperience.org

Where can I find the form 990 for The Ability Experience?

The Ability Experience's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theabilityexperience.org

Learn more at the official website: www.theabilityexperience.org

Mission Statement of The Ability Experience

The Ability Experience, a nonprofit organization, is committed to serving individuals with disabilities and fostering the development of servant leaders among the members of Pi Kappa Phi. Their mission is to establish a community where the abilities of all individuals are recognized and respected, fostering relationships one at a time. Through shared experiences, they aim to support individuals with disabilities and transform the men of Pi Kappa Phi into compassionate leaders who value the abilities of all people.

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Impact




July, 2024

The Ability Experience's impact is seen in its dedicated service to people with disabilities. Through shared experiences, the organization supports individuals with disabilities and fosters the development of servant leaders within Pi Kappa Phi. By creating a community where all abilities are recognized and valued, The Ability Experience is making a meaningful difference, one relationship at a time.




This information is meant to be a general summary of The Ability Experience. 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.

Revenue
$2,696,656 (2022)
Expenses
$1,748,410 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $136,891
  • Gross Receipts: $2,696,656

Assets and Liabilities:

  • Total Assets: $3,454,505
  • Total Liabilities: $127,251
  • Net Assets: $3,327,254

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Organization Details

Founding Year

1984

Principal Officer

Basil Lyberg

Main Address

2015 AYRSLEY TOWN BLVD, CHARLOTTE, NC, 28273

NTEE Category

Code: P82 - Human services

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