I Am Able Foundation is a 501(c)(3) organization based in Los Angeles, California, registered in 2022, with $77,166 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$77K
▲ 2096.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$61K
Net assets
$18K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I Am Able Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I Am Able Foundation: 4 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I Am Able Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I Am Able Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3,514 (FY2022) to $77K (FY2023) across 2 reported years.
Financial snapshot
Operating margin
21.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$18K
Net assets
$18K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $77,166▲2096% | $60,569▲2587% | $17,857▲1317% | $17,857▲1317% | 990EZ |
| 2022 | $3,514 | $2,254 | $1,260 | $1,260 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to I Am Able Foundation totaling $345K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $344,815 |
Explore more
Data for I Am Able Foundation (EIN 87-3186382) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.