Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $6,366,077

• 1f · All other contributions, gifts and grants

  $2,597,300

• 2a · Program service revenue: HOME CARE SERVICES INCOME

  total $42,446,546 · related or exempt $42,446,546

• 2b · Program service revenue: PROGRAM RENTAL INCOME

  total $493,590 · related or exempt $493,590

• 2c · Program service revenue: SPORTS CENTER INCOME

  total $409,813 · related or exempt $409,813

• 2d · Program service revenue: SPECIAL PROJECT INCOME

  total $175,423 · related or exempt $175,423

• 3 · Investment income

  total $561,205 · excluded $561,205

• 7a · Gross sales of assets other than inventory

  securities $3,192,476

• 7b · Less cost or other basis and sales expenses

  securities $3,556,509

• 7c · Gain or loss

  securities -$364,033

• 7d · Net gain or loss

  total -$364,033 · excluded -$364,033

• 11a · Other revenue: OTHER REVENUE

  total $38,955 · related or exempt $38,955

• 11e · Other revenue, total

  $38,955

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $479,662 · program services $205,810 · management and general $273,852

• 7 · Other salaries and wages

  total $37,864,745 · program services $37,098,093 · management and general $766,652

• 8 · Pension plan contributions

  total $122,679 · program services $105,323 · management and general $17,356

• 9 · Other employee benefits

  total $1,212,125 · program services $1,112,411 · management and general $99,714

• 10 · Payroll taxes

  total $2,940,532 · program services $2,855,490 · management and general $85,042

• 11b · Fees: legal

  total $9,208 · program services $6,725 · management and general $2,483

• 11c · Fees: accounting

  total $60,872 · program services $34,037 · management and general $26,835

• 11f · Fees: investment management

  total $114,808 · management and general $114,808

• 11g · Fees: other

  total $3,885 · management and general $3,885

• 12 · Advertising and promotion

  total $200,868 · program services $124,614 · management and general $76,254

• 13 · Office expenses

  total $331,312 · program services $243,960 · management and general $87,352

• 14 · Information technology

  total $744,270 · program services $585,143 · management and general $159,127

• 16 · Occupancy

  total $1,583,740 · program services $812,611 · management and general $771,129

• 17 · Travel

  total $73,417 · program services $70,026 · management and general $3,391

• 19 · Conferences, conventions and meetings

  total $64,989 · program services $23,233 · management and general $41,756

• 22 · Depreciation, depletion and amortization

  total $826,939 · program services $272,890 · management and general $554,049

• 23 · Insurance

  total $176,324 · program services $95,200 · management and general $81,124

• 24a · Other expenses: PROGRAM EXPENSES

  total $1,065,531 · program services $1,050,022 · management and general $15,509

• 24b · Other expenses: HOME MODIFICATION COSTS

  total $778,632 · program services $778,632

• 24c · Other expenses: BAD DEBT EXPENSE

  total $267,066 · management and general $267,066

• 24d · Other expenses: SPECIAL PROJECTS EXPENS

  total $85,309 · program services $85,309

• 24e · All other expenses

  total $143,629 · program services $132,385 · management and general $11,244

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $25,516,547 · end of year $17,306,591

• 2 · Savings and temporary cash investments

  beginning of year $211,210 · end of year $9,413,195

• 4 · Accounts receivable

  beginning of year $6,893,153 · end of year $5,825,348

• 7 · Other notes and loans receivable

  end of year $75,376

• 9 · Prepaid expenses and deferred charges

  beginning of year $274,106 · end of year $271,935

• 10a · Land, buildings and equipment: cost or other basis

  $43,311,174

• 10b · Land, buildings and equipment: accumulated depreciation

  $14,335,765

• 10c · Land, buildings and equipment, net

  beginning of year $28,480,213 · end of year $28,975,409

• 11 · Investments: publicly traded securities

  beginning of year $13,219,022 · end of year $14,439,485

• 12 · Investments: other securities

  beginning of year $1,638,190 · end of year $1,753,255

• 15 · Other assets

  beginning of year $0 · end of year $177,167

• 17 · Accounts payable and accrued expenses

  beginning of year $2,823,413 · end of year $1,905,185

• 19 · Deferred revenue

  beginning of year $5,064,001 · end of year $2,697,988

• 24 · Unsecured notes and loans payable

  end of year $177,513

• 25 · Other liabilities

  beginning of year $26,386 · end of year $30,914

• 27 · Net assets without donor restrictions

  beginning of year $68,161,864 · end of year $73,404,568

• 28 · Net assets with donor restrictions

  beginning of year $156,777 · end of year $21,593

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE EARNED BASED ON PERFORMANCE AND GOALS ATTAINED DURING THE YEAR AND APPROVED BY THE BOARD OF DIRECTORS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ABIL DEVELOPMENT LLC

  LEASING SPACE TO NON-PROFIT ORGANIZATIONS · AZ · income $422,450 · assets $17,666,565

  Directly controlled by ABILITY360 INC