Abilities First INC EIN 14-1467427

Abilities First INC FY2022 filing

EIN  14-1467427 Public charity (501(c)(3)) Wappingers Falls, NY Founded 1962
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 7/9/26 · see original filing: IRS
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Size
$10–100M
What they do
Supports people with disabilities and families to achieve independence and acceptance through education and experience.
Leadership
Jeffery Fox · Chief Executive Officer · $247K
Money in and out
$43.2M revenue, $41.0M expenses
Bottom line
88% program efficiency

Supports people with disabilities and families to achieve independence and acceptance through education and experience. For fiscal year 2022 it reported $43.2M in revenue, $41.0M in expenses, and $8.6M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$43.2M
Pt VIII · Ln 12
Total expenses
$41.0M
Pt IX · Ln 25
Net assets
$8.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.2M
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12 Fundraising $0.01
Program efficiency
88%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$43.2M
FY2022▲ +35%
Expenses
$41.0M
FY2022▲ +22%
Total assets
$29.1M
FY2022▲ +75%
Total liabilities
$20.5M
FY2022▲ +117%
Total revenue
$43.2M
Pt VIII · Ln 12
Total expenses
$41.0M
Pt IX · Ln 25
Net assets
$8.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.2M
Total assetsPt X · Ln 16$29.1M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services account for $32.2M of program spending, described in the organization's own filed words · FY2022.
01

Educational Services

To provide educational services for preschool and school aged chilldren with moderate to severe disabilities. Approximately 526 served.

$14.2Mprogram expense
02

Residential Services

To provide a home life environment, consitsting of roam and board, recreational and rehabilitation programs for physically and developmentlly disable adults. Approximatly 160 served.

$11.1Mprogram expense
03

Day Hab Services

A day program for adults who are physically and developmentally disabled to help them develop personal and edcational skills that would enable them to function. Approximatly 247 served.

$6.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAbilities First INC
EINHdr · item D14-1467427
Principal addressHdr · item CWappingers Falls, NY
WebsiteHdr · item Jwww.abilitiesfirstny.org
Year of formationHdr · item L1962
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J33Z)
Ruling yearIRS BMFMay 1965

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
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
Chief Executive Officer
$247,146Pt VII · Sec A
Former Chief Fiscal & Admin Officer
$167,218Pt VII · Sec A
Chief Program Officer
$161,546Pt VII · Sec A
Residential Coach
$135,055Pt VII · Sec A
Chief Admin Officer
$125,012Pt VII · Sec A
$119,989Pt VII · Sec A
Residential Coach
$114,577Pt VII · Sec A
Residential Coach
$113,835Pt VII · Sec A

Jeffery Fox’s $344K as Chief Executive Officer is at the 78th percentile of top reported officer pay among 415 $10–100M employment 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jeffery Fox$343,801$274,236$247,146$206,349$183,680
Ellen Griffin$167,218$174,233$262,185
Mark Nace$194,236$171,582$161,546$133,317$115,737
Kelly Martinez$178,161$164,154$125,012$112,193$104,181
Kim Ryder$148,683$131,870$106,663$106,347$97,185
Loveta Fletcher$101,748$135,055
Gail Armstrong$106,685$123,788
Michele Dendera$119,989

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
Program service revenue$38.1M · 88%
Contributions & grants$4.6M · 11%
Other revenue$481K · 1%
Program service revenue88%$38.1M
Contributions & grants11%$4.6M
Other revenue1%$481K
Investment income$25K
— government grantsLn 1e$4.5M
Total revenueLn 12$43.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12 Fundraising $0.01
Program services88%$36.0M
Management & general12%$4.8M
Fundraising1%$291K
Total functional expensesLn 25$41.0M

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$29.1M
Total liabilitiesLn 26$20.5M
Total net assetsLn 32$8.6M
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.8M · Operating expenses/yr $41.0M
0.8 months
Where the money goes
Program services
Program services $36.0M · Total expenses $41.0M
88%
Management & General
Management & general $4.8M · Total expenses $41.0M
12%
Fundraising
Fundraising $291K · Total expenses $41.0M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $155K · Solicited contributions (3-yr avg) $1.7M
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.6M · Total revenue $43.2M
11%
Government reliance
Government grants $4.5M · Total revenue $43.2M
11%
Earned-income share
Program service revenue $38.1M · Total revenue $43.2M
88%
Investment reliance
Investment income $25K · Total revenue $43.2M
0%
Program self-sufficiency
Program service revenue $38.1M · Total expenses $41.0M
93%
Growth & trend
Revenue growth (YoY)
This year $43.2M · Prior year $31.9M
+35%
Net-asset trend (YoY)
End of year $8.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $43.2M · Expenses $41.0M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $29.1M
Net-asset ratio
Net assets $8.6M · Total assets $29.1M
30%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) $399K · Total assets (Pt X, ln 16) $29.1M
6%
People & payroll
Highest Reported Total Compensation
Individual Jeffery Fox · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $247K · Total expenses $41.0M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $31.1M · Total expenses $41.0M
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 6%
Revenue growth 35%

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
Total grants receivedfrom 1 funder$5K

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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
FY2024 (Latest)$45.8M revenue · ⤓ 990 PDF
FY2023$38.4M revenue · ⤓ 990 PDF
FY2022$43.2M revenue · viewing · ⤓ 990 PDF
FY2021$31.9M revenue · ⤓ 990 PDF
FY2020$36.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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