POSSIBILITIES INC (EIN 460397395) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

MICHAEL BAUM

Phone

6153233191

Tax Period

2023-01-01 to 2023-12-31

POSSIBILITIES INC, founded in 1987, is a small nonprofit that reported $276K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $784K exceeded revenue, resulting in a 184% operating deficit.

Mission

PROVIDE TRAUMA-INFORMED SUPPORT AND SCHOLARSHIPS FOR INDIVIDUALS AND UNDERSERVED COMMUNITIES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $271,571

Program Service Revenue $13,475

Investment Income $385

Other Revenue $-9,135

TOTAL REVENUE $276,296

Expense Breakdown

Grants Paid $611,328

Salaries & Benefits $75,756

Fundraising Expenses $7,048

Program Expenses $693,260

Other Expenses $96,650

TOTAL EXPENSES $783,734

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,296	$166,338	+0.7%
Expenses	$783,734	$828,741	-0.1%
Net Income	$-507,438	$-662,403	-0.2%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$70,618

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BAUM	PRESIDENT	1.00	Officer Director	$0	$0	$0
CANDICE WATKINS	DIRECTOR	1.00	Director	$0	$0	$0
ALLI WEBB	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER TATE	DIRECTOR	1.00	Director	$0	$0	$0
DEANNA WANTZ	EXECUTIVE DIRECTOR	40.00	Officer	$67,178	$3,440	$70,618

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
2023	$276,296	$783,734	No data	$-507,438
2022	$166,338	$828,741	$507,438	$-662,403
2021	$1,053,554	$612,662	$1,174,906	$440,892
2020	$586,373	$442,905	$736,763	$143,468
2019	$639,210	$660,038	$588,954	$-20,828
2018	$601,588	$496,215	$606,309	$105,373

POSSIBILITIES INC