Form 990 for tax year 2025
Filed by ABILITIES UNLIMITED OF THE CAROLINAS INC.
Totals
- Total revenue
- $169,440
- Total expenses
- $170,181
- Contributions and grants received
- $62,832
- Grants paid
- $0
- Program service revenue
- $32,061
- Investment income
- $2,700
- Other revenue
- $71,847
- Total assets, end of year
- $367,915
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $367,915
- Program services expenses (Part IX)
- $168,914
- Management and general expenses
- $1,267
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $168,914
Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$62,832
-
2f · All other program service revenue
total $32,061 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,700 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$79,038
-
8b · Fundraising events: direct expenses
$7,191
-
8c · Net income from fundraising events
total $71,847 · unrelated business $0 · excluded $71,847
Functional expenses
Part IX, the statement of functional expenses.
-
13 · Office expenses
total $1,267 · program services $0 · management and general $1,267 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,259 · program services $1,259 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,267 · program services $1,267 · management and general $0 · fundraising $0
-
24a · Other expenses: Program Services
total $166,388 · program services $166,388 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $140,180 · end of year $134,910
-
11 · Investments: publicly traded securities
beginning of year $180,498 · end of year $233,005
-
31 · Retained earnings, endowment or other funds
beginning of year $320,678 · end of year $367,915
Mission and programs · 2025
Mission
To provide opportunities for individuals with physical disabilities to participate in sports activities to promote a healthier lifestyle
-
We were able to provide sports and competition opportunities for children and adults to compete against other physically disabled individuals and participate in activities as able bodied individuals do.
Expenses $168,914 · Revenue $32,061
As filed on the 2025 return.
Listed in Part VII
-
Robert M Burns
President
- Total calculated
- $0
- Hours/week
- 5
-
Michael Godsey
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Mary Good
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
Fran McDermott
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
David Kiley
Board Member
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 4 August 2026
- IRS schema version
- 2025v4.1
- Source object
- 202632169349301003
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