Imagine the Possibilities

EIN: 237224698 501(c)(3)

Maquoketa, IA

Total Revenue
$73,774,424
Total Expenses
$65,875,525
Total Assets
$69,872,227
Net Assets
$62,628,930
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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
IA
Principal Officer
Tiffany Marlette
Phone
5636525252
Tax Period
2024-07-01 to 2025-06-30

Imagine the Possibilities, founded in 1973, is a mid-sized nonprofit that reported $73.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $65.9M left a modest 11% surplus.

Mission

Empower people to reach individual achievement across the spectrum of life.

Program Service Accomplishments

Program 1
Expenses: $37,028,635 Revenue: $59,925,533

Imagine the Possibilities, Inc. is a charitable nonprofit organization that provides services to individuals with Intellectual Disabilities and Cognitive/Mental Health diagnosis who require support...

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Imagine the Possibilities, Inc. is a charitable nonprofit organization that provides services to individuals with Intellectual Disabilities and Cognitive/Mental Health diagnosis who require support to live in their community of choice. The services offered include:HCBS (Home & Community Based Services) Home and Community Based services are a Medicaid program designed to assist both children and adults with disabilities to live in and become vital members of their communities. This program allows individuals with disabilities to receive precisely the services they need to enable them to live in a setting of their choice and be as independent as possible. (Statement continued on Schedule O)Home and Community Based Services are provided in local communities and can be provided in the home in which the individual resides on a daily or hourly basis, based on individual assessed need tiered rates. Habilitation Services is a program to provide Home and Community-Based Services (HCBS) for individuals with functional impairments typically associated with chronic mental illnesses. Respite Care Respite services provide temporary relief to the usual caregivers and provide all the necessary care that the usual caregiver would provide during that period. The purpose of Respite Care is to enable individuals to remain in their current living situation. RCF (Residential Care Facility) RCF services include daily support, supervision, and care for individuals with diagnoses of intellectual and other developmental disabilities as well as those with mental illness. Individuals with a secondary diagnosis of substance abuse may also be served. Long term and transition care and training are provided, depending on each person's unique needs and abilities. Services may include training in activities of daily living skills, recreational services, behavior therapy, support services, community awareness, and transportation services.

Program 2
Expenses: $4,643,030 Revenue: $5,435,158

Crisis Stabilization ServicesThe Crisis and Transition Services program is a community-based service setting with individualized supportive services for mentally ill and dual diagnosed intellectually...

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Crisis Stabilization ServicesThe Crisis and Transition Services program is a community-based service setting with individualized supportive services for mentally ill and dual diagnosed intellectually disabled adults. Services are voluntary and target individuals seeking support to resolve mental health crisis. Our services may include, but are not limited to assistance in accessing referral programs, service providers, medical care, and appropriate treatment programs; personal support services and assistance in meeting basic human needs; medication support and monitoring; housing and living arrangements; crisis intervention; social rehabilitation; peer support; social skills, leisure time education, (Statement continued on Schedule O) and vocational rehabilitation; family and community support, assistance and education; protection and advocacy; service coordination, transportation; access to religious activities and services.Day Habilitation ServicesDay Habilitation Services provide assistance and support to the individual in developing or maintaining life skills and achieving community integration and inclusion. Services enhance the individual's intellectual functioning, physical and emotional health and development, language and communication development, cognitive functioning, socialization, community integration, functional skill development, behavior management, responsibility, self-direction, daily living activities, self-advocacy skills or mobility.Drop-in Program Drop-in services provide a safe and supportive environment for adults with disabilities. Opportunities are offered to increase social, communication, and recreational skills. The environment is relaxed with minimal structure. Activities may include games, special guests or speakers, and community events. Participants assist with menu planning and preparation of the evening meal as well as keeping the centers clean.

Program 3
Expenses: $2,133,537 Revenue: $2,960,883

Employment Services Employment services are designed to offer supported employment opportunities to individuals who have the desire to work in an integrated work setting. Programs include Community...

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Employment Services Employment services are designed to offer supported employment opportunities to individuals who have the desire to work in an integrated work setting. Programs include Community Employment Small Group Services (Enclaves), Supported Employment, Selective Placement and Supported Competitive Employment. Community Employment is designed for individuals to work in community businesses. Individuals must have the necessary work skills to perform a variety of work tasks with minimal supervision. They must be able to adapt to changes in work tasks, work routines, and work environments (Statement continued on Schedule O)Enclave opportunities develop skills to enable individuals to work toward supported and/or community integrated employment.Supported Employment allows individuals the opportunity to work individually in an integrated community business and earn minimum wage or higher. Workers need to demonstrate work and social skills, as well as problem solving to meet the standards required by the employer. Long term job coaching may be a part of this service. Job Development services offer individuals the opportunity to develop resumes, complete employment applications, and prepare for job interviews with a goal to find employment in the community. Career Exploration includes training which may include informal interviews, job tours, job shadowing and community/business research to assist an individual to determine what they are interested in. Career Exploration is strongly influenced by what a person has previously experienced in life. A good career planning process involves providing real opportunities to enable potential workers to make a more informed choice concerning their preference in community employment. Project Search is an employment internship program for students who have completed their 4th year of high school and want to continue with work experience through this program for the 5th year of schooling. Project Search, which is held at Mercy Medical Center in Clinton, Iowa and St. Ambrose University in Davenport, Iowa. Iowa Vocational Rehab Services (IVRS) provides funds for job development services while attending the Project Search Program.Individual Placement and Support (IPS) services support individuals with mental health conditions to find and maintain competitive jobs that match their preferences. IPS is individualized, focuses on a person's strengths, and uses a multidisciplinary approach involving the individual's mental health team. The concept that work promotes wellness and recovery is at the core of IPS services. IPS is ZERO EXCLUSION. No one is excluded from receiving IPS services based on readiness, diagnoses, symptoms, substance use history, psychiatric hospitalizations, homelessness, level of disability, or legal system involvement.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,880,149
Program Service Revenue $68,674,604
Investment Income $1,218,046
Other Revenue $1,625
TOTAL REVENUE $73,774,424

Expense Breakdown

Grants Paid $14,150
Salaries & Benefits $55,713,785
Fundraising Expenses $0
Program Expenses $44,344,044
Other Expenses $10,147,590
TOTAL EXPENSES $65,875,525

Year-over-Year Comparison

2024 2023 Change
Revenue $73,774,424 $67,000,407 +0.1%
Expenses $65,875,525 $58,567,849 +0.1%
Net Income $7,898,899 $8,432,558 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
1378
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,387,235
Total Directors
11
$0
Key Employees
3
$649,369
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wendy Malone President 40.00
Officer
$352,638 $43,652 $396,290
Todd Seifert-CEO-Until 1224 Exective Chairman-Beg 01/25 40.00
Officer
$360,514 $26,045 $386,559
Tiffany Marlette-COO (Until 12/24)/CEO - Beg 01/25 40.00
Officer
$291,655 $12,327 $303,982
Megan Simmons CFO 40.00
Officer
$291,137 $9,267 $300,404
Jeffrey Morris CAO 40.00
Key Emp
$222,289 $36,124 $258,413
Cheryl Plank CSAO 40.00
Key Emp
$200,984 $9,880 $210,864
Michelle Phillis CQO 40.00
Key Emp
$172,559 $7,533 $180,092
Bryan Main VP of Operations 40.00
Highest
$124,427 $15,557 $139,984
Susan Ruchotzke Regional Executive Director 40.00
Highest
$127,919 $8,272 $136,191
Regina Shafer Regional Executive Director 40.00
Highest
$118,164 $16,124 $134,288
Michael Mellon Associate Regional Exec Director 40.00
Highest
$112,627 $15,172 $127,799
Christopher Pletz Director of IT 40.00
Highest
$112,964 $11,866 $124,830
Michael Ruden Chairperson 1.00
Officer Director
$0 $0 $0
Beth Schutterle Vice Chairperson 1.00
Officer Director
$0 $0 $0
Liz DeJoode Secretary 1.00
Officer Director
$0 $0 $0
John Franzen Treasurer - Until 06/2025 1.00
Officer Director
$0 $0 $0
Brad Deery Director 1.00
Director
$0 $0 $0
John Theisen Director 1.00
Director
$0 $0 $0
Scot Wilkins Director 1.00
Director
$0 $0 $0
Jayne Templeton Director 1.00
Director
$0 $0 $0
Ruth Skeens Director 1.00
Director
$0 $0 $0
Rex Troute Director 1.00
Director
$0 $0 $0
Matt Shinn Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $73,774,424 $65,875,525 $69,872,227 $7,898,899
2024 $67,000,407 $58,567,849 $62,409,236 $8,432,558
2023 $56,187,463 $46,339,714 $41,232,681 $9,847,749
2022 $54,097,733 $46,425,203 $31,709,924 $7,672,530
2021 $51,671,896 $47,062,490 $23,032,512 $4,609,406
2020 $44,289,279 $43,019,268 $18,787,526 $1,270,011
2019 $33,746,721 $32,214,385 $15,673,592 $1,532,336
2018 $30,783,159 $29,735,833 $16,221,652 $1,047,326
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