The Im Able Foundation EIN 06-1783154

The Im Able Foundation

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Enabling people with disabilities to overcome barriers and participate in physical activity. For fiscal year 2025 it reported $854K in revenue, $560K in expenses, and $717K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Wyomissing, PA
Website
www.imablefoundation.org
Filings
6 on file (2020–2025)
Revenue
$854KFY2025
Expenses
$560K
Net assets
$717K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  06-1783154 Public foundation / grantmaker Wyomissing, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Enabling people with disabilities to overcome barriers and participate in physical activity.
Leadership
Alex Pilkington · CEO · $72K
Money in and out
$854K revenue, $560K expenses
Bottom line
53% program efficiency
Grants paid & assets · FY2025
Total revenue
$854K
Pt VIII · Ln 12
Total expenses
$560K
Pt IX · Ln 25
Net assets
$717K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $294K
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.21 Fundraising $0.26
Program efficiency
53%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
12.5mo
months of highly liquid reserves at operating expense rate▲ +105% vs prior filing year
Surplus margin
+34%
revenue over expenses, this year▲ +134% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$854K
FY2025▲ +22%
Expenses
$560K
FY2025▼ -6%
Total assets
$803K
FY2025▲ +62%
Total liabilities
$86K
FY2025▲ +21%
Total revenue
$854K
Pt VIII · Ln 12
Total expenses
$560K
Pt IX · Ln 25
Net assets
$717K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$294K
Total assetsPt X · Ln 16$803K
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $296K of program spending, described in the organization's own filed words · FY2024.
01

The im able foundation's im fitadaptivegroup fitness programs offers a transformative, no-cost opportunity forindividualsliving with a physical, cognitive, AND/OR behavioral disability to embrace the fundamentals of exercise, unlocking the powerful mental and physical benefits of FITNESS.FOR adults facing challenges, our adaptive fitness…

$296Kprogram expense
02

Im able's operation lead from the front empowers military veterans to harness the invaluable traits honed in servicediscipline, mental agility, strength, and initiativeto transform the lives of individuals living with a physical, cognitive, AND/OR behavioral disability.

Pt IX · col B
03

The im able foundation empowers individuals and organizations through adaptive equipment grants, providing hand-cycles, adaptive equipment, and specialized training programs. These resources unlock the potential of individuals living with a physical, cognitive, AND/OR behavioral challenges, enabling them to lead more active lives…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Im Able Foundation
EINHdr · item D06-1783154
Principal addressHdr · item CWyomissing, PA
WebsiteHdr · item Jwww.imablefoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFJul 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$72,500Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Alex Pilkington’s $72K as CEO is at the 68th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Alex Pilkington$72,500
Chris Kaag$47,750$45,000$45,000$45,000$45,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$813K · 95%
Other revenue$23K · 3%
Program service revenue$11K · 1%
Investment income$7K · 1%
Contributions & grants95%$813K
Other revenue3%$23K
Program service revenue1%$11K
Investment income1%$7K
Total revenueLn 12$854K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.21 Fundraising $0.26
Program services53%$296K
Management & general21%$117K
Fundraising26%$148K
Total functional expensesLn 25$560K

Balance Sheet

Part X · end of year
CashLn 1$574K
Total assetsLn 16$803K
Total liabilitiesLn 26$86K
Total net assetsLn 32$717K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $574K · Operating expenses (Pt IX) $560K · Less non-cash grants $7K · Cash operating expenses/yr $553K
12.5 months
Where the money goes
Program services
Program services $296K · Total expenses $560K
53%
Management & General
Management & general $117K · Total expenses $560K
21%
Fundraising
Fundraising $148K · Total expenses $560K
26%
Cost to raise $1
Fundraising expense (3-yr avg) $110K · Solicited contributions (3-yr avg) $659K
$0.17 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $813K · Total revenue $854K
95%
Government reliance
Government grants — · Total revenue $854K
Earned-income share
Program service revenue $11K · Total revenue $854K
1%
Investment reliance
Investment income $7K · Total revenue $854K
+0.9%
Program self-sufficiency
Program service revenue $11K · Total expenses $560K
2%
Growth & trend
Revenue growth (YoY)
This year $854K · Prior year $699K
+22%
Revenue CAGR
FY2019 $339K · FY2024 $854K
+20%
Net-asset trend (YoY)
End of year $717K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $854K · Expenses $560K
+34%
Liabilities-to-Assets
Total liabilities — · Total assets $803K
Net-asset ratio
Net assets $717K · Total assets $803K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $803K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alex Pilkington · Reported title CEO · Highest reported compensation $72K · Total expenses $560K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $292K · Total expenses $560K
52%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 21%
Fundraising cost ratio 18%
Revenue growth 22%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Ppl FoundationFY2025$10K
Total grants receivedfrom 2 funders$23K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$854K revenue · viewing · ⤓ 990 PDF
FY2024$699K revenue · ⤓ 990 PDF
FY2023$517K revenue · ⤓ 990 PDF
FY2022$472K revenue · ⤓ 990 PDF
FY2021$372K revenue · ⤓ 990 PDF
FY2020$339K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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