N-abletek Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
N-abletek Inc is a 501(c)(3) organization based in Lakewood Ranch, Florida, registered in 2020, with $514,542 in FY2024 revenue. CharityIndex grades it C+.
11523 Palmbrush Trl 196, Lakewood Ranch, FL, 34202 EIN 85-0983802 Since 2020
Revenue (FY2024)
$515K
▼ 5.6% vs prior year
Expenses (FY2024)
$505K
Net assets
$862K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 N-abletek Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +2% margin
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 N-abletek Inc: 20 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 N-abletek Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 N-abletek Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 11523 Palmbrush Trl 196, Lakewood Ranch, FL, 34202
- City
- Lakewood Ranch
- State
- Florida
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $560K (FY2020) to $515K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32KNet assets $862K
Operating margin
1.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$895K
Total liabilities
$32K
Net assets
$862K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $514,542▼5.6% | $505,222▲26.3% | $862,416▲1.1% | $894,658▲1.8% | 990 |
| 2023 | $544,905▼2.9% | $400,149▼6.4% | $853,096▲20.4% | $878,417▲22.1% | 990 |
| 2022 | $560,931▲0.1% | $427,345▲62.5% | $708,339▲23.2% | $719,133▲22.0% | 990 |
| 2021 | $560,235 | $262,962▼6.9% | $574,752▲107% | $589,340▲102% | 990 |
| 2020 | $560,000 | $282,521 | $277,479 | $291,127 | 990 |
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.
Grants received · $1.6M total
3 grants to N-abletek Inc totaling $1.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gulf Coast Community Foundation Inc | Human services | 2023 | $500,000 |
| Gulf Coast Community Foundation Inc | Human services | 2022 | $560,000 |
| Gulf Coast Community Foundation Inc | Human services | 2021 | $560,000 |
Frequently asked questions
- Is N-abletek Inc a legitimate nonprofit?
- Yes. N-abletek Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0983802, based in Lakewood Ranch, Florida. Donations are tax-deductible.
- What is N-abletek Inc's EIN?
- N-abletek Inc's Employer Identification Number (EIN) is 85-0983802.
- How much revenue does N-abletek Inc report?
- N-abletek Inc reported $514,542 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does N-abletek Inc have?
- CharityIndex grades N-abletek Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Lakewood Ranch
Explore more
Data for N-abletek Inc (EIN 85-0983802) 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.