Employment
(J21Z)
IRS Verified
DX Registered
990 on File
OPERATION ABLE OF GREATER BOSTON INC
Financial strength (30%)
58/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Operation A.B.L.E. of Greater Boston Operation A.B.L.E. (Ability Based on Long Experience) is an employment and training resource for an economically, occupationally, and racially-diverse population of job seekers age 45 and older. Founded in 1982, Operation A.B.L.E. has assisted more than 33,000 job seekers in finding work.
Financial Overview — FY 2023
$7.0M
Total Revenue
$6.8M
Total Expenses
$841K
Net Assets
445
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.1%
Fundraising Efficiency
129.3%
Operating Reserve
1.47x
Liability-to-Asset
73.5%
Revenue Diversification
98.5%
Executive Compensation
$470K
Compared with Peers
FY 2023
Compared with 1,161 similar organizations
(United States, Employment, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.1% | 84.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.2% | 13.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
129.3% | 119.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.5 mo | 9.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
73.5% | 16.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.5% | 92.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-4.1% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.0% | 8.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.8% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $7.0M | $6.8M | $841K | 84.1% | 445 |
| 2022 | $7.3M | $6.6M | $702K | 92.9% | 453 |
| 2021 | $6.8M | $6.9M | N/A | — | 467 |
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