Able Industries Inc in Binghamton, New York (NY)

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Able Industries Inc
Employer Identification Number (EIN)510492540
Name of OrganizationAble Industries Inc
In Care of NameLouis Harasymczuk
AddressPO BOX 310, Binghamton, NY 13902-0310
SubsectionEducational Organization, Charitable Organization
Ruling Date10/2004
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Tax Period12/2012
Assets$100,000 to $499,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$103,189
Amount of Income$357
Form 990 Revenue Amount$357
National Taxonomy of Exempt Entities (NTEE)Employment, Job-Related: Vocational Rehabilitation


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Amount of income in 2012: $357 (it was $789,819 in 2011)
This organization: 

 $357
Other organizations performing similar types of work: 

 $187,913

Assets in 2012: $103,189 (it was $103,095 in 2011)
This organization: 

 $103,189
Other organizations performing similar types of work: 

 $75,314

Expenses in 2012: $1,263
This organization: 

 $1,263
Other organizations performing similar types of work: 

 $168,511

Income to expenses ratio in 2012: 0.3
This organization: 

 0.3
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 0.0%
Able Industries Inc: 

 0.0%
Other organizations performing similar types of work: 

 52.5%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$357
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$357
Total expenses$1,263
Total net assets$102,189
Deficit for the year$-906
Net assets or fund balances at beginning of year$103,095
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$103,189
Total liabilities$1,000
Net assets or fund balances$102,189
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$4,255,851
Gifts, grants, contributions, and membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$4,255,851
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vocational Development Foundation1943 Se 6th Ave, Portland, OR 97214-4508OR2000-08$26,819,472
2Transititonal Work Corporation100 S Broad St Ste 7th Fl, Philadelphia, PA 19110-1024PA1999-03$26,228,007
3Corporate Source Inc460 West 34 Street, New York, NY 10001-2320NY1997-10$16,104,126
4Societys Assets Incorporated5200 Washington Ave Ste 225, Racine, WI 53406-4238WI2000-11$14,706,257
5Wiregrass Rehabilitation Center Inc795 Ross Clark Cir Ste 1, Dothan, AL 36303-5306AL1988-11$11,091,455
6Relief Enterprise IncPO BOX 15088, Austin, TX 78761-5088TX1997-01$8,128,596
7United Service Workers Union Local 7436-36 33rd Street, Long Island City, NY 11106-2329NY2007-11$2,644,481
8New York State Institute On Disability Inc930 Willowbrook Rd Bldg 41a, Staten Island, NY 10314-4209NY1995-11$1,626,035
9Rochester Careers In Construction Inc16 West Main Street Suite 204, Rochester, NY 14614NY2005-10$187,913
10New Horizons North Inc586 Pearse Road, Schenectady, NY 12309NY2008-04$94,685
11New York State Association For Women In Administration IncNew York State School Boards 24 Cen, Latham, NY 12110NY1999-11$36,876
12Able Industries IncPO BOX 310, Binghamton, NY 13902-0310NY2004-10$357
13Back On Track Inc158 East 35th Street, New York, NY 10016NY1996-10$0
14Fallen Athlete Foundation575 Madison Ave Fl 10, New York, NY 10022-8511NY2003-04$0
15Mike Company For Homeless Vietnam Veterans Inc54 Dwight Ave, Clinton, NY 13323-1604NY1999-05$0
16Miracle Lives Inc, Vidas Milagrosas4049 Broadway Ste 186, New York, NY 10032-1516NY2002-06$0
17National Institute For People With Disabilities Of FloridaC/O Laura Lyston 460 W 34th Street 11th Floor, New York, NY 10001NY2002-01$0
18Performers Access Studio Inc36 Gramercy Park E Apt 3e, New York, NY 10003-1776NY2002-12$0
19Shine Foundation Inc52 Francis Place, Staten Island, NY 10304NY2014-07$0
20Yes She Can Incorporated57 Central Avenue, Hartsdale, NY 10530NY2014-08$0
Number of organizations performing similar types of work
Alaska2
Alabama8
Arkansas3
Arizona9
California42
Colorado5
Connecticut5
District of Columbia6
Delaware2
Florida43
Georgia11
Hawaii3
Iowa3
Idaho6
Illinois12
Indiana8
Kentucky2
Louisiana4
Massachusetts2
Maryland7
Maine3
Michigan13
Minnesota5
Missouri6
Mississippi3
North Carolina12
Nebraska2
New Jersey13
New Mexico2
Nevada6
New York15
Ohio12
Oklahoma5
Oregon7
Pennsylvania8
Rhode Island3
South Carolina3
South Dakota1
Tennessee9
Texas31
Utah1
Virginia15
Vermont2
Washington12
Wisconsin8
West Virginia6
International3
Total389

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