Exercisabilities INC

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Making happy, healthy, and independent possible for all.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-5214117) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 90 volunteers and 41 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $628K a year · 23% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
72% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$123K
to officers and key staff · 5% of spending
Pay to officers and key staff is 5% of spending.
Part VII, Section A
0.2 mo
of spending, in cash
Plus $3.0M in investments, Pt X · Ln 11–13
0.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $118K
3 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$87K
2% of total assets
Liabilities are 2% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.1M
-4% vs prior year
Spent
$2.3M
To programs
72%
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$2.1M
FY2024▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$5.4M
FY2023$2.2M
FY2024$2.1M
Expenses
$2.3M
FY2024▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.9M
FY2022$2.3M
FY2023$2.6M
FY2024$2.3M
Net assets
$3.5M
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$436K
FY2021$653K
FY2022$3.9M
FY2023$3.6M
FY2024$3.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $1.7M Management & general 22% · $502K Fundraising 6% · $143K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990; $123K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$122,694Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Melanie Brennan’s $123K as CEO is at the 37th percentile of top reported officer pay among 3128 $1–10M health care 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

NameFY2024FY2023FY2022FY2021FY2020
Melanie Brennan$122,694$125,760$114,088——
Melanie Brennen———$108,083$91,799

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.

See Exercisabilities INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering individuals to live happy, healthy, and independent lives.

Questions for Exercisabilities INC

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1 program · $1.7M · in their own filed words · FY2024
01

Exercisabilities, inc programs and services empower people living with physical disabilities and chronic health conditions to live healthy, happy, and independent lives without limits. We provide equitable, lifelong access to safe and effective physical health improvement solutions designed to make optimal achievement of health and…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-5214117) · Dispute this line
$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Mayo ClinicFY2024$50K
Total grants receivedfrom 3 funders$118K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$229K
Investment incomeLn 3$64K
Money outPt IX
$2.3M
Ln 25
Programscol B$1.7M
Managementcol C$502K
Fundraisingcol D$143K
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$37K
Total assetsLn 16$3.6M
LiabilitiesLn 26$87K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$229K
Noncash giftsLn 1g$22K
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$64K
Other incomeLn 4–11$10K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$37K
Cash and savings togetherLn 1–2$37K
Pledges and grants receivableLn 3$52K
Accounts receivableLn 4$114K
Prepaid expenses and deferred chargesLn 9$11K
Land, buildings, equipmentLn 10c$424K
InvestmentsLn 11–13$3.0M
Total assetsLn 16$3.6M
LiabilitiesLn 26$87K
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 541
VolunteersI 690
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$116K$37K
InvestmentsLn 11–13$1.9M$3.0M
Land, buildings, equipmentLn 10c$441K$424K
Total assetsLn 16$3.7M$3.6M
LiabilitiesLn 26$108K$87K
Net assetsLn 32$3.6M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$126K$86K$28K$12K
Other salaries and wagesLn 7$1.2M$931K$152K$72K
Other employee benefitsLn 9$27K$20K$7K$191
Payroll taxesLn 10$106K$85K$15K$7K
Accounting feesLn 11c$70K$70K
Advertising and promotionLn 12$69K$7K$56K$6K
Office expensesLn 13$14K$2K$12K$45
OccupancyLn 16$80K$28K$53K
InterestLn 20$39K$39K
Depreciation, depletion and amortizationLn 22$102K$53K$50K
InsuranceLn 23$30K$14K$15K$503
Other expenses (24a–d)Ln 24$368K$270K$59K$39K
All other expensesLn 24e$111K$88K$16K$7K
Total functional expensesLn 25$2.3M$1.7M$502K$143K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Sep 9, 2025 $2.1M$2.3M−$192K$3.5M 990 PDF
FY2023Filed with the IRS Aug 19, 2024 $2.2M$2.6M−$384K$3.6M 990 PDF
FY2022Filed with the IRS Sep 26, 2023 $5.4M$2.3M$3.2M$3.9M 990 PDF
FY2021Filed with the IRS Jul 21, 2022 $2.1M$1.9M$217K$653K 990 PDF
FY2020Filed with the IRS Sep 13, 2021 $1.9M$1.6M$313K$436K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $2,106,318 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $232,769$229,238
I-9 Program service revenuePrior year $1,895,141$1,803,173
I-10 Investment incomePrior year $24,217$64,009
I-11 Other revenuePrior year $34,500$9,898
I-12 Total revenuePrior year $2,186,627$2,106,318
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,512,521$1,414,171
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,058,264$883,830
I-18 Total expensesPrior year $2,570,785$2,298,001
I-19 Revenue less expensesPrior year −$384,158−$191,683
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,106,318 across 7 lines filed
VIII-1f All other contributions, gifts and grants$229,238
VIII-1g Noncash contributions (included above)$22,045
VIII-1h Total contributions, gifts and grants$229,238
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,803,173$1,803,173
VIII-3 Investment incomeExcluded from tax $64,009$64,009
VIII-8 Net income from fundraising eventsExcluded from tax $9,898$9,898
VIII-12 Total revenueRelated to mission $1,803,173 · Unrelated business $0 · Excluded from tax $73,907$2,106,318
Part IX · Statement of functional expenses $2,298,001 across 13 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $85,943 · Management $28,220 · Fundraising $12,269$126,432
IX-7 Other salaries and wagesPrograms $930,869 · Management $152,023 · Fundraising $71,681$1,154,573
IX-9 Other employee benefitsPrograms $20,072 · Management $6,876 · Fundraising $191$27,139
IX-10 Payroll taxesPrograms $84,605 · Management $14,603 · Fundraising $6,819$106,027
IX-11c Accounting feesPrograms $69,868$69,868
IX-12 Advertising and promotionPrograms $7,081 · Management $55,734 · Fundraising $5,907$68,722
IX-13 Office expensesPrograms $1,923 · Management $11,914 · Fundraising $45$13,882
IX-16 OccupancyPrograms $27,638 · Management $52,757$80,395
IX-20 InterestManagement $39,107$39,107
IX-22 Depreciation, depletion and amortizationPrograms $52,756 · Management $49,560$102,316
IX-23 InsurancePrograms $14,125 · Management $15,348 · Fundraising $503$29,976
IX-24 Other expenses (24a–d)Programs $270,359 · Management $59,180 · Fundraising $38,793$368,332
IX-24e All other expensesPrograms $87,830 · Management $16,389 · Fundraising $7,013$111,232
IX-25 Total functional expensesPrograms $1,653,069 · Management $501,711 · Fundraising $143,221$2,298,001
Part X · Balance sheet $3,611,753 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $115,528$37,148
X-3 Pledges and grants receivableStart of year $1,030,000$52,000
X-4 Accounts receivableStart of year $166,859$114,410
X-9 Prepaid expenses and deferred chargesStart of year $13,321$11,281
X-10c Land, buildings and equipment, netStart of year $440,527$424,250
X-12 Other securitiesStart of year $1,945,823$2,972,664
X-15 Other assetsStart of year $22,304$0
X-16 Total assetsStart of year $3,734,362$3,611,753
X-17 Accounts payable and accrued expensesStart of year $42,970$86,923
X-19 Deferred revenueStart of year $43,222$0
X-25 Other liabilitiesStart of year $22,304$0
X-26 Total liabilitiesStart of year $108,496$86,923
X-27 Net assets without donor restrictionsStart of year $2,595,866$3,454,830
X-28 Net assets with donor restrictionsStart of year $1,030,000$70,000
X-32 Total net assets or fund balancesStart of year $3,625,866$3,524,830
X-33 Total liabilities and net assetsStart of year $3,734,362$3,611,753
Part XI · Reconciliation of net assets $3,524,830 net assets at year end
XI-1 Total revenue$2,106,318
XI-2 Total expenses$2,298,001
XI-3 Revenue less expenses−$191,683
XI-4 Net assets at start of year$3,625,866
XI-5 Net unrealized gains (losses) on investments$116,486
XI-9 Other changes in net assets−$15,941
XI-10 Net assets at end of year$3,524,830

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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