Able Works

Able Works is a 501(c)(3) nonprofit organization based in California. The organization is dedicated to combating poverty by empowering youth and young adults in immigrant and under-resourced communities. Its mission is to equip individuals with financial education, life skills, and assets that enable them to live free from oppression and poverty.

History

Able Works was established in 2007 with the aim of building economic structures to help the lowest-earning households rise above systemic poverty.

Programs

• AchieveAble: This program supports college-age students by providing resources, academic assistance, and life coaching to help them stay on track.
• FutureProfits: Targeted at high school-age youth, this program offers financial education and life skills as a path to economic freedom.

Impact

To date, Able Works has served close to 15,000 students across California, focusing primarily on the Bay Area and Central Valley. The organization's commitment to economic empowerment has been recognized through the success stories of its students, who report improved financial literacy and a more positive relationship with money.

Financial Data

Able Works relies heavily on contributions for its operations, with contributions historically accounting for over 77% of its total revenue. Other significant revenue streams include program services and other revenue sources. Expenses are primarily directed towards salaries and wages, with executive compensation making up a smaller percentage of overall expenses[1].

Governance

The organization is led by a diverse board of directors, with members from various industries. The board ensures compliance with proper governance practices, including formal orientation for new members and annual assessments of the chief executive[5].

[1] https://projects.propublica.org/nonprofits/organizations/202175098 [2] http://www.able.is [3] https://able.is [4] https://www.lovestanislauscounty.org/nonprofits/able-works [5] https://www.guidestar.org/profile/20-2175098