ABILIS INC
Mission Statement
Abilis is a 501(c)3 non-profit organization that provides services and supports for over 800 individuals with special needs and their families from birth through the life span. Abilis has been a leader in serving the special needs community in lower Fairfield County for over 70 years and has a long-standing reputation for high quality care. Abilis provides early intervention and customized therapies, as well as family education and advocacy to help individuals achieve important developmental milestones through our Therapeutic Services programs. As individuals approach and enter adulthood, we provide a wide range of Life Services programs, including recreational activities, transition and life skills support, job training, competitive and supported employment, and a choice of residential options. Abilis works collaboratively with individuals, families, schools, and community organizations to create individualized plans that develop skills, maximize inclusion, and foster community participation. Some families work with us for weeks or months. For others, the journey lasts years or even a lifetime. In every case, Abilis’ respect for people – their abilities, needs and dreams – drives everything we do.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.9% | 85.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.1% | 14.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
124.1% | 320.6% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.8 mo | 6.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
55.8% | 32.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
87.1% | 85.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
9.8% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.5% | 9.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.4% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $33.8M | $33.0M | $10.4M | 86.9% | 575 |
| 2022 | $30.8M | $28.1M | $9.6M | 86.2% | 544 |
| 2021 | $27.2M | $25.3M | N/A | — | 473 |
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