Everable EIN 93-2782023

Everable

EIN  93-2782023 Public charity (501(c)(3)) South Bend, IN Founded 2023
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Size
$100K–1M
What they do
a human services nonprofit
Leadership
Michael McDonald · President / Treasurer · $60K
Money in and out
$938K revenue, $233K expenses
Bottom line
83% program efficiency

Everable is a human services nonprofit based in South Bend, IN, formed in 2023. For fiscal year 2024 it reported $938K in revenue, $233K in expenses, and $774K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$938K
Pt VIII · Ln 12
Total expenses
$233K
Pt IX · Ln 25
Net assets
$774K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $706K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.12 Fundraising $0.05
Program efficiency
83%
of spending reaches programs
Operating runway
32.8mo
months of highly liquid reserves at operating expense rate▲ +46% vs prior filing year
Surplus margin
+75%
revenue over expenses, this year▲ +15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$938K
FY2024▲ +834%
Total revenue
$938K
Pt VIII · Ln 12
Total expenses
$233K
Pt IX · Ln 25
Net assets
$774K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$706K
Total assetsPt X · Ln 16$774K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $194K of program spending, described in the organization's own filed words · FY2024.
01

DisEDU In 2024, Everable launched DisEDU, piloting in Kenya to build the worlds largest oral history archive of people with intellectual disabilities. We collected 97 oral histories, co-led by disabled narrators, and used them to engage 1,400 students and 213 parents across seven counties, including Kilifi and Kajiado where infanticide…

$148Kprogram expense
02

DisTV Everable initiated its 50-year goal of producing a disability-inclusive film in every country. In 2024, in the US, we moved a feature-length film on prison disability impediments into production.

$40Kprogram expense
03

DisAID Everable connects underfunded disability groups with industry leaders. In 2024, we contributed to a policy victory in Indiana that screened in the State House receiving bipartisan support and helping preserve attendant care services for hoosiers with disabilities. Through our U.S.

$6Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEverable
EINHdr · item D93-2782023
Principal addressHdr · item CSouth Bend, IN
WebsiteHdr · item Jwww.ever-able.org
Year of formationHdr · item L2023
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFNov 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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
President / Treasurer
$59,583Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael McDonald’s $60K as President / Treasurer is at the 49th percentile of top reported officer pay among 2165 $100K–1M human services 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

NameFY2024FY2023
Michael McDonald$59,583
Michael J McDonald$16,250

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$913K · 97%
Program service revenue$25K · 3%
Contributions & grants97%$913K
Program service revenue3%$25K
Total revenueLn 12$938K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.12 Fundraising $0.05
Program services83%$194K
Management & general12%$27K
Fundraising5%$12K
Total functional expensesLn 25$233K

Balance Sheet

Part X · end of year
CashLn 1$637K
Total assetsLn 16$774K
Total liabilitiesLn 26$0
Total net assetsLn 32$774K
Months of cash on handcomputed32.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $637K · Operating expenses/yr $233K
32.8 months
Where the money goes
Program services
Program services $194K · Total expenses $233K
83%
Management & General
Management & general $27K · Total expenses $233K
12%
Fundraising
Fundraising $12K · Total expenses $233K
5%
Cost to raise $1
Fundraising expense $12K · Solicited contributions $913K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $913K · Total revenue $938K
97%
Government reliance
Government grants — · Total revenue $938K
Earned-income share
Program service revenue $25K · Total revenue $938K
3%
Investment reliance
Investment income $0 · Total revenue $938K
0%
Program self-sufficiency
Program service revenue $25K · Total expenses $233K
11%
Growth & trend
Revenue growth (YoY)
This year $938K · Prior year $100K
+834%
Net-asset trend (YoY)
End of year $774K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $938K · Expenses $233K
+75%
Liabilities-to-Assets
Total liabilities — · Total assets $774K
Net-asset ratio
Net assets $774K · Total assets $774K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $774K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael McDonald · Reported title President / Treasurer · Highest reported compensation $60K · Total expenses $233K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $69K · Total expenses $233K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 12%
Fundraising cost ratio 1%
Revenue growth 834%

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.

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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)$938K revenue · viewing · ⤓ 990 PDF
FY2023$100K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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