The Able Trust
3320 Thomasville Road
Suite 200
Tallahassee FL 32308
Mission
The mission of The Able Trust is to be a key leader in providing Floridians with disabilities opportunities for successful employment.
Leadership
CEO/Executive Director Dr. Susanne F. Homant
Board Chair Ms. Karen B. Moore
Board Chair Affiliation Moore Communications Group, Inc.
General Info
Organization DBA
DBA
The Able Trust
Tax Exempt Status Public Supported Charity
Incorporation Year 1990
State Charitable Solicitations Permit Yes Dec 2017
State Registration Yes Dec 2017
Financial Summary
 
 
Projected Revenue $5,173,423.00
Projected Expenses $4,440,638.00
IRS Letter of Determination
IRS Determination LetterView
Impact Statement

Accomplishments FY 2016:

    1. One-hundred percent (100%) of the 24 seniors enrolled in High School High Tech in Charlotte, Desoto, Manatee, and Sarasota Counties graduated. The Able Trust provided training, resources and support to operate Florida High School High Tech (HSHT) in each county. Seventy-six (76) students were served. Additionally, community partners managing HSHT at the local level received grants: $22,000 to Goodwill SW Florida, $30,000 to Goodwill Manasota and $44,000 to The Haven to serve Manatee and Sarasota Counties. Statewide HSHT served 1,784 students in 40 Florida counties at 42 sites from 124 high schools and alternative education settings. Ninety-nine percent of program seniors graduated. Eighty-two percent entered post-secondary education, continuing education, or employment upon graduation. Also, in Sarasota, the Vincent Academy/Van Gogh's Palette was awarded a $54,000 grant to found the Vincent Academy's Employment Support Program.

    2. Funded 74 grantees in Florida, including two $250,000 multi-year Strategic Employment Grants to WorkNet Pinellas for the Ability Initiative Program and Susan B. Anthony Recovery Center for their Readiness, Employment & Placement Program.

    3. Disability Employment Awareness Month (DEAM) is a statewide effort that includes activities in Charlotte, Desoto, Manatee, and Sarasota Counties. The national event is organized in Florida by The Able Trust and many community liaisons. The campaign, which extends through the spring, shows businesses the talented pool of persons with disabilities. Through activities such as job shadowing, career-readiness workshops, industry tours, community events, and career fairs job-seekers with disabilities are exposed to the resources and careers available. In 2016, 2,170 unduplicated individuals and 160 businesses participated.

    4. Partnered with the Florida Chamber to institute a statewide internship initiative to demonstrate the value of internships for individuals with disabilities, six workshops were held for Florida businesses with 140 individuals attending.We also partnered with the Florida Chamber Foundation to fund a research study to identify the "true" unemployment rate of individuals with disabilities and what counties the unemployed disabled live.

 
Four general concepts represent the organization's goals and strategic direction for 2016 - 2018:

    1. Continue to fund multi-year, large dollar amount, Strategic Employment grants that are directly linked to advancement of the mission of The Able Trust.

    2. The Able Trust should continue its internal youth programs, contingent upon providing outcome data that supports the resources dedicated to the programs and the programs continue to contribute to the mission: Florida High School High Tech and Florida Youth Leadership Forum.

    3. The Able Trust should continue its efforts to expand work experiences for job seekers, which may include job shadowing, mentoring, internships, or other related activities. Annual outcome data will be required to support the continuation of these efforts.

    4. The Able Trust will continue its statewide communications campaign, directed towards business, and designed to change misperceptions and increase the number of people with disabilities who are successfully employed. The plan will be designed to also positively influence work experience opportunities, public policy, and the financial sustainability of the organization.

Needs Statement

 

Additional funding is needed to sustain and grow effective programs for youth with disabilities:
  1. Florida Youth Leadership Forum: The per student cost of attending, expenses including programs, travel, housing, meals, and lodging for 50 students is $3,000. In the last two years, seven students from Charlotte, Desoto, Manatee, and Sarasota attended. The program is solely funded by donations and grants.
  2. Florida High School High Tech (HSHT): The Department of Vocational Rehabilitation funds 1/3 of the $1,500,000 cost. Endowment funds, proceeds from a portion of Florida traffic civil penalties and sale of temporary disabled parking permits, and private donations and grants make up the difference. While grants are provided to local organizations to administer the program locally, The Able Trust provides training events and materials for all 43 sites, resources, and site visits. Those expenses are not included in the grants awarded.
Other organizational needs include:
  1. The need to better communicate The Able Trust mission to businesses;
  2. A mission-centered  theme for future communications,  as opposed to a focus on events;
  3. An Expanded pool of business partners willing to mentor and hire qualified people with disabilities;
 
Background Statement

Created by the Florida Legislature in 1990 (FS 413.615), the Florida Endowment Foundation for Vocational Rehabilitation, d/b/a The Able Trust, is a 501(c)(3) non-profit public/private partnership. Its mission is to be a key leader in providing Floridians with disabilities opportunities for successful employment.

Creating employment opportunities is the main focus of The Able Trust's programs and grants. For every dollar invested in vocational rehabilitation, thirteen to twenty-six dollars are infused into the economy. Making funds available to persons with disabilities helps not only them, but also local and state economies.

The Able Trust supports a diversity of projects, including on-the-job coaching, supported employment, job skills-training, job development, employer outreach, ADA facility compliance, skills evaluation and programs leading to employment. The positive impact of The Able Trust's grant awards has been felt by non-profit agencies serving people with various disabilities, community colleges and individuals with documented disabilities.

Youth programs, Florida High School High Tech in its 18th year and the Florida Youth Leadership Forum in its 17th year, focus on preparing young adults with disabilities for life beyond high school -- post-secondary education and careers. The programs also build self-esteem and work to develop personal leadership skills. Overall, The Able Trust youth programs provide career development and transition to more than 1,800 students with disabilities annually, helping to reduce the dropout rate and prepare young adults for life beyond high school. 
Areas Served
Areas Served
Area
In a specific U.S. city, cities, state(s) and/or region.
FL
Areas Served Comments The Able Trust provides grants in all 67 Florida counties. Desoto, Charlotte, Manatee, and Sarasota Counties are specifically served through grants to area non-profits to locally administer the High School High Tech (HSHT) program. Last year, 76 high school students with disabilities were served. Additionally, The Able Trust provides training at regional and statewide conferences, resources, and oversight through site visits at no additional expense to the organizations locally administering HSHT.
Service Categories
Primary Org Type Philanthropy,Voluntarism & Grantmaking Foundations
Secondary Org Type Employment
Tertiary Org Type Youth Development
Statement from the Board Chair/Board President
Statement from the CEO/Executive Director

A statewide organization like none other in the nation, the Florida Endowment Foundation for Vocational Rehabilitation, d/b/a The Able Trust, is a 501(c)(3) non-profit public/private partnership created by the Florida Legislature in 1990.  Its work is accomplished through producing a rich mixture of its own programs and the funding of external grants, all focused on employment for people with disabilities.  The Able Trust receives its funding from a perpetual endowment, charitable gifts, and support from the public and private sectors.  Less than 15% of the annual budget goes to administration and overhead – the rest directly benefits Floridians with disabilities.

Since its establishment, The Able Trust has awarded over $37 million to individuals with disabilities and nonprofit agencies throughout Florida for employment-related purposes, enabling hundreds of Florida citizens with disabilities to enter the workforce each year.  And vocational rehabilitation makes economic sense. For every dollar invested, thirteen to twenty-six dollars are infused into the economy. Making funds available to persons with disabilities and the agencies assisting them helps not only workers and employers, but also the local and state economies.

Two youth programs of The Able Trust – High School High Tech, the Florida Youth Leadership Forum - and mentoring activities such as Disability Employment Awareness Month - work to reduce the dropout rate of youth with disabilities and improve their participation in employment-related activities.  These programs focus on building self-esteem, developing personal leadership skills and preparing young adults with disabilities for life beyond high school.  Overall, The Able Trust youth programs provide career development and transition to more than 1784 students with disabilities annually, helping to reduce the dropout rate and prepare young adults for life beyond high school.

The goal of The Able Trust grant program is to provide funds to qualifying organizations to assist individuals with disabilities gain competitive employment of their choice in their community.  These grant initiatives support a wide diversity of projects, including on-the-job coaching, supported employment, job skills-training, job development, employer outreach, ADA facility compliance, skills evaluation and programs leading to employment. The positive impact of The Able Trust's grant awards has been felt by non-profit agencies serving people with various disabilities, community colleges and individuals with documented disabilities.

Programs
Description The Able Trust is dedicated to creating successful employment opportunities for people with disabilities and an extensive youth program. This is accomplished through grants made to Florida nonprofit agencies that serve people with disabilities. The Able Trust awards more than $1 million annually to support a diversity of projects including job skills training, supported employment, employer outreach and other programs leading to employment. Statewide programs such as the Youth Leadership Forum and Disability Employment Awareness Month (DEAM) provide leadership training and career development for high school students with disabilities. Additionally, the Foundation's High School High Tech program promotes STEM-based careers and education for students with disabilities through classroom activities, summer internships and exposure to the world of work.
Budget $2,861,176
Category Employment, General/Other Vocational Rehabilitation
Program Linked to Organizational Strategy Yes
Population Served People/Families with of People with Disabilities Adults People/Families with of People with Physical Disabilities
Short Term Success Career education and placement services and programs to support employee retention.
Long Term Success In 2016, The Able Trust reached a milestone of exceeding $37 million in total grant awards since its establishment in 1990, a remarkable accomplishment for the Foundation. The positive impact of The Able Trust grant awards extends to all of Florida's 67 counties, benefiting not only the individual with a disability but also local and state economies. The Able Trust grants program serves all segments of the disability community. Grants have been awarded to support individuals with any disability recognized under the ADA, including but not limited to learning disabilities, epilepsy, spinal cord injuries, developmental disabilities, visual and hearing impairments, mental health disabilities, drug and alcohol recovery and HIV/AIDS.
Program Success Monitoring
  • The grants committee, site visits, grant reports submitted by grantees, data collection and analysis.
Program Success Examples
The Able Trust awarded a grant of $35,000 to the North Florida School of Special Education in Jacksonville, Florida to support the Berry Good Farms On The Go food truck. This funding was instrumental in the school providing students with vocational training experience in both farm production and culinary skills. Participants in the program have gone on to positions at Chick-fil-a, church cafeterias, an ice cream shop, and Jacksonville area farms while continuing their education.
Description
In the last two years, seven students from Charlotte, Desoto, Manatee, and Sarasota have attended the Youth Leadership Forum (YLF). YLF is an annual career and leadership training program that is both educational and motivational. Fifty high school juniors and seniors with disabilities are selected each summer to spend a week in Tallahassee learning about college and careers; personal leadership; business and etiquette; about community, state, and federal resources available; and advocacy for themselves and others with disabilities. Before departure, each student develops a Personal Leadership Plan with education, career, and leadership goals. Each student is monitored for the use of their plan for one year after the event. Participants also take part in social activities which enable them to network and learn from each other and build friendships that will last a lifetime.
 
Budget $207,950
Category Human Services, General/Other Services for Individuals with Disabilities
Program Linked to Organizational Strategy Yes
Population Served Adolescents Only (13-19 years) People/Families with of People with Disabilities
Short Term Success
The following are results of a satisfaction survey completed by participants immediately following YLF 2016 and demonstrate the kind of short-term success to be expected.
 
100% replied YES, they felt they were treated with respect during the Forum
88% replied YES, they felt they had more choice and control in their lives as a result of the Forum
100% replied YES, when asked if they felt they could do more in their community as a result of the Forum
97% replied YES, When asked if they felt they had gained a better knowledge of the rights available to them
97% replied YES When asked if they felt they could now keep themselves safe from harm as a result of the Forum
97% agreed when asked if they were satisfied with the project activity
100% agreed when asked if their lives had improved after attending the Forum

 

 
 
Long Term Success
Responses to a survey of 2015 participants one year after attending YLF:
80% fully agreed or agreed that they found it useful to create a Personal Leadership Plan.
40% fully agreed or agreed that YLF helped them to make decisions about their goals after high school.
80% fully agreed or agreed that because of attending YLF, they have a better sense of what their career plans are for the future.
100% of the survey participants fully agreed or agreed that “The YLF helped me understand my rights as a person with a disability.”
60% fully agreed or agreed with the statement, YLF helped delegates to gain a clearer understanding of the disability resources within their communities.
60% fully agreed or agreed that YLF has helped them with their education.
100% fully agreed or agreed that they have become more independent since attending YLF.
100% fully agreed or agreed that the knowledge they gained at the YLF increased their self-confidence and ability to participate in leadership activities.
20% of respondents said that they are currently involved in an advocacy group in their school or community. Of those that were not involved, 100% said they were not aware of any such groups in their area, or did not know who to contact about participating in these groups.
Program Success Monitoring Surveys, notes, ongoing contact with YLF alumni who serve as volunteers at the Forum
Program Success Examples
The lesson that Shevie Barnes learned at the Youth Leadership Forum propelled her into a career in education. Shavaughn “Shevie” Barnes says that encouraging other students with disabilities is a big part of her job as an educator. “I tell them to focus on the things they are capable of. I say that because people with disabilities are very capable of doing many things.” Shevie's dedication to students with disabilities stems in part from the fact that she herself is a student with a disability. Shevie has cerebral palsy. Shevie discovered her love of helping students with disabilities through her experiences at the Florida Youth Leadership Forum (YLF). “One of the most memorable experiences I’ve had as a YLF mentor is serving as a small group facilitator. That one experience is what made me want to be a teacher.” The opportunity to serve as a facilitator encouraged Shevie to apply for and land her first job teaching students with disabilities at Beautiful Mind and Soul Leadership Academy in Jacksonville, Florida. “Working with children of different ages and learning styles is very difficult, but I really enjoy doing things that are challenging,” she says. Shevie says the most rewarding part of her job is when she sees students graduate. She graduated from Florida State College in Jacksonville with an associate degree in Education. She is currently attending Western Governors University online majoring in Special Education. While attending school, Shevie volunteers as a motivational speaker on how to overcome obstacles. In her free time she enjoys reading, writing, singing and learning sign language. Shevie’s future goal is to own her own school where she can teach students with disabilities. Considering all of the things she has accomplished in such a short amount of time, it’s safe to say that this remarkable young woman will succeed.
Description
High School High Tech  (HSHT) served 76 students in Charlotte, Desoto, Manatee, and Sarasota Counties last year.

Focused on STEM careers, HSHT provides students with disabilities, ages 14-22, a year-round career exploration and training program to develop academic, leadership, and job related skills necessary to live as independent adults. HSHT is intended to lead students to career success and self-sufficiency and to be a part of a productive workforce and contributors to the economic growth and health of their communities. Expected results are a higher than State average graduation rate with a higher than State average number of graduating seniors enrolled in post-secondary education, employed or both.

HSHT develops programming using the national, evidence-based Guideposts For Success, based on activities and experiences that youth with disabilities require for successful transition from school to post-secondary education or careers.

Budget $1,500,000
Category Education, General/Other Education & Technology
Program Linked to Organizational Strategy Yes
Population Served Adolescents Only (13-19 years) People/Families with of People with Disabilities People/Families with of People with Disabilities
Short Term Success Last year, 76 students in Charlotte, Desoto, Manatee, and Sarasota Counties were served and 100% of the 24 seniors graduated. The Able Trust provided training, resources and support to local staff in each county. Additionally, community partners managing HSHT at the local level received grants: $22,000 to Goodwill SW Florida, $30,000 to Goodwill Manasota and $44,000 to The Haven to serve Manatee and Sarasota Counties.
 
During the 2016-2017 school year, statewide, High School High Tech served 1,550 students with disabilities at 42 HSHT sites in 40 counties. The program experienced a high school graduation rate of 99%, and 85% of HSHT graduates entered post-secondary education, employment, or continuing education after graduation (compared to 43% of all graduates with disabilities in Florida).  
Long Term Success High School High Tech improves lives and communities now and in the future. Graduating from high school is a predictor of future employment. The US Department of Labor Statistics cites an 8% unemployment rate of persons who did not complete high school. The ratio for people with disabilities can be expected to be higher. In Florida, current research by the Florida Chamber Foundation, shows an 18% rate of unemployment in Florida's 40 most populous counties for persons with disabilities. High School High Tech is making an impact.
Program Success Monitoring Site visits by Able Trust staff and written reports and surveys provided by directors and teachers from each educational site. A final report of outcomes is created by the end of August each year.
Program Success Examples
2016-2017 Florida HSHT Impact:
  • The Florida HSHT Program experienced a high school graduation rate of greater than 99% of all
  • participating seniors.
  • 77% of Florida HSHT graduates received a standard diploma compared to 64% of other graduates with
  • disabilities in Florida.*
  • 85% of Florida HSHT graduates entered postsecondary education or employment compared to 43% of
  • other graduates with disabilities in Florida.*
  • Services were provided in 151 high schools and alternative education settings including Department of
  • Juvenile Justice facilities.
  • 459 students participated in work experiences paid through a stipend by the employer, the HSHT program site, the local Career Source, Vocational Rehabilitation, or community grant provider.
  • Disability diversity of enrolled students includes: autism spectrum disorder, 12%; deaf or deaf/blind 2%; emotional disturbance, 3%; hearing impairment, 1%; multiple disabilities,
  • 1%; other health impairment, 13%; orthopedic impairment, 5%; specific learning disability, 37%;
    speech or language impairment, 5%; traumatic brain injury, 1%; visual impairment/blindness, 3%.
*Florida Department of Education, Bureau of Exceptional Education and Student Services. 2016 SEA Profile. http://fldoe.org/core/fileparse.php/7672/urlt/SEAProfile17.pdf.
Description Disability Employment Awareness Month (DEAM) is commemorated each October and pairs students with disabilities with employers for a one-on-one job shadowing experience. DEAM is designed to expose young adults to a variety of career options and provide them with a better understanding of the work place environment. Participants are given a chance to learn about the day-to-day responsibilities required of a desired occupation and the skills and education requirements specific to a job in that career field. At the same time, employers benefit from DEAM by understanding what people with disabilities have to offer to the workplace. The event is sponsored nationally by the American Association of People with Disabilities and implemented in Florida by The Able Trust and its statewide partners.
Budget $1,499,650
Category Employment, General/Other Internships
Program Linked to Organizational Strategy Yes
Population Served Adults People/Families with of People with Disabilities
Short Term Success Participants are given a chance to learn about the day-to-day responsibilities required of a desired occupation and the skills and education requirements specific to a job in that career field. At the same time, employers benefit from DEAM by understanding what people with disabilities have to offer to the workplace. 
Long Term Success Participants may begin education programs in fields of interest leading to employment. Importantly, employers learn hiring people with disabilities can benefit their companies. Employers realize unique skill-sets people with disabilities have to offer and observe that many persons with disabilities do not require expensive accommodations to join their teams.
Program Success Monitoring Outcomes are evaluated each year through reports from statewide partners and/or surveys of participants and partners, and an outcome report issued.
Program Success Examples

2016 DEAM was made possible due to the hard work of 80 community liaisons working in 62 counties throughout Florida. Together with over 160 businesses and organization partners, they were able to provide career exploration opportunities to 2170 participants. In 2016 DEAM was launched with a breakfast kickoff in Tampa. Over 100 representatives of the business community, government and the public sector came together to show their support to employing individuals with disabilities and the importance of DEAM. Speakers included, Senator Jack Latvala, Representative Kathleen Peters, Neil Romano, Richard Gonzmart, Joseph Murray and Sarah Goldman.

 

Breakdown of Industry Participation

Public Sector (local, state government, nonprofit) 46%

Service (includes utilities) 5%

Professional (includes medical professions) 19%

Hospitality (includes restaurants, hotels, attractions) 12%

Retail (includes grocery stores) 13%

Manufacturing 5%

CEO/Executive Director
CEO/Executive Director Dr. Susanne F. Homant
CEO Term Start Dec 2007
CEO/Executive Director Email Susanne@abletrust.org
Experience Dr. Susanne Homant began work as President and CEO of The Able Trust in December, 2007. Her background includes serving on the Florida Supreme Court Committee on Families and Children in the Court; as a board member of the Florida Partners in Crisis and as a board member of the Florida Supportive Housing Coalition. She also has previous service as Vice-Chair of the State Mental Health Planning Council of Florida, and she is an officer on the Board of the Florida Pain Initiative. Prior to her time with The Able Trust, Sue served as the Executive Director of the National Alliance on Mental Illness/Florida Chapter and also as Executive Director of Florida Hospices and Palliative Care. She relocated to Florida from Michigan, where she was the Executive Director of the Michigan Hospice and Palliative Care Organization. One of Sue?s public accomplishments while in Michigan included working extensively with the Office of the Governor to help defeat Michigan?s assisted suicide proposal. Other health care experience in Michigan included working for several years in the hospital industry and the nursing home industry. Sue has presented extensively to state and national groups, has completed several research projects, and is published. She earned an MBA from Northern Michigan University, and a Doctorate in Public Administration from Western Michigan University.
Former CEOs/Executive Directors
NameTerm
Ms. Sharon Griffith Jan 1993 - Jan 2007
Senior Staff
NameTitle
Ms. Allison Chase Vice President of Youth Programs
Ms. Guenevere Crum Senior Vice President
Mr. Ray Ford Jr.Director, Communications and YLF
Staff & Volunteer Statistics
Full Time Staff 8
Part Time Staff 1
Staff Retention Rate % 88
Professional Development Yes
Contractors 2
Volunteers 40
Management Reports to Board Yes
CEO/Executive Director Formal Evaluation Yes
Senior Management Formal Evaluation Yes
Non-Management Formal Evaluation Yes
Collaborations
N/A
External Assessments and Accreditations
Assessment/AccreditationYear
Risk Management Provisions
Government Licenses
Organization Licensed by the Government No
Plans
Fundraising Plan No
Communication Plan No
Strategic Plan No
Strategic Plan Years 3
Strategic Plan Adopted June 2016
Management Succession Plan No
Continuity of Operations Plan No
Policies
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
Policies and Procedures No
Comments
Management Comments by Organization


Other Documents
Other Document 2
Document Retention
Board Chair
Board Chair Ms. Karen B. Moore
Company Affiliation Moore Communications Group, Inc.
Board Term July 2016 to July 2018
Board Chair Email karenm@moorecommgroup.com
Board Members
Board Members
NameAffiliation
Ms. Marcy Benton Publix Super Markets
Mr. Richard L. Cole, Jr. Attorney
Mr. Leslie D. Goldman Syniverse
Mr. Jefferey Hurst Florida Hospital
Mr. Scot M. Laferte Universal Studios Orlando
Ms. Karen B. Moore Moore Communications Group
Ms. Bridget R. Pallango Goodwill Industries of South Florida
Ms. Arlene Shackelford NextEra Energy, Inc.
Ms. Anne Marie Taglienti Palm Beach County Food Bank
Constituency Includes Client Representation No
Board Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 7
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Gender
Male 4
Female 5
Unspecified 0
Governance
Board Term Lengths 2
Board Term Limits 2
Board Orientation Yes
Number of Full Board Meetings Annually 4
Board Meeting Attendance % 94
Board Self-Evaluation Yes
Written Board Selection Criteria No
Board Conflict of Interest Policy Yes
% of Board Making Monetary Contributions 70
% of Board Making In-Kind Contributions 100
Standing Committees
Audit
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Executive
Finance
Legislative
Nominating
Comments
Governance Comments by Organization

The Able Trust was created by statute by the Florida Legislature. Board members are appointed by the Governor, not elected by the Board itself, and serve in an advisory capacity with no operational responsibilities. 

Fiscal Year Projections
Fiscal Year Begins 2017
Fiscal Year Ends 2018
Projected Revenue $5,173,423.00
Projected Expenses $4,440,638.00
Total Projected Revenue includes "in-kind" contributions/ donations No
Organization has Endowment Yes
Endowment Value $24,179,771.00
Endowment Spending Policy Income Only
Capital Campaign
Currently In a Capital Campaign No
Campaign Purpose
Campaign Goal
Campaign Dates 0 to 0
Amount Raised To Date 0 as of 0
Audit/Financial Documents
Historical Financial Review
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$1,839,200$3,175,596$500,000
Federal$0$0$0
State$1,839,200$0$0
Local$0$0$0
Unspecified$0$3,175,596$500,000
Individual Contributions$433,555$653,726$1,693,099
$0$0$0
$122,755$145,925$94,358
Investment Income, Net of Losses$1,138,660$1,262,761$1,057,883
Membership Dues$0$0$0
Special Events$0$0$0
Revenue In-Kind$0$0$0
Other$108,256$96,949$95,966
Expense Allocation
Fiscal Year201620152014
Program Expense$2,992,440$3,592,183$2,940,462
Administration Expense$99,080$88,032$96,612
Fundraising Expense$154,705$116,321$125,296
Payments to Affiliates$0$0$0
Total Revenue/Total Expenses1.121.411.09
Program Expense/Total Expenses92%95%93%
Fundraising Expense/Contributed Revenue7%3%6%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$32,191,391$32,572,052$31,440,151
Current Assets$22,761,606$2,556,418$22,779,939
Long-Term Liabilities$0$0$0
Current Liabilities$5,484,114$5,108,690$4,390,241
Total Net Assets$26,707,277$27,463,362$27,049,910
Top Funding Sources
Fiscal Year201620152014
Top Funding Source & Dollar AmountGovernment Grants - State $1,839,200Government Grants - Unspecified $3,175,596Contributions, gifts, grants $1,693,099
Second Highest Funding Source & Dollar AmountInvestment Income $1,138,660Investment Income $1,262,761Investment Income $1,057,883
Third Highest Funding Source & Dollar AmountContributions, gifts, grants $433,555Contributions, gifts, grants $653,726Government Grants - Unspecified $500,000
CEO/Executive Director Compensation N/A
Tax Credits No
Solvency
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities4.150.505.19
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets0%0%0%
Financials Comments
Financial Comments by Organization
 3/1/2017 - All funds donated to The Able Trust are not re-granted. In Charlotte, Desoto, Manatee, and Sarasota Counties, funds to support High School High Tech are used to provide teacher training, resources and materials, site visits, and evaluation. Funds from these counties also support the attendance of students from these counties at the Florida Youth Leadership Forum. No student pays any expenses to attend.
 
Difficulty uploading audit documents in 2015 resulted in audit letter but not financial statements.  2016 statement has been uploaded.
 
Financial Comments by Foundation Financial information taken from IRS Form 990s and audit documents.  Individual contributions include foundation and corporate support.  Federal tax returns and audited financial statements reconcile.For tax year 2015, the organization has provided an audit letter but not the audited financial statements.
Nonprofit The Able Trust
Address 3320 Thomasville Road
Suite 200
Tallahassee, FL 32308
Phone 850 224-4493

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.