I'M-POSSIBLE INC (EIN 475439413) - 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

2015

Legal Domicile

Principal Officer

MARISSA BANCEWICZ

Phone

5803870091

Tax Period

2023-01-01 to 2023-12-31

I'M-POSSIBLE INC, founded in 2015, is a micro nonprofit in the Housing & Shelter sector that reported $69K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $171K exceeded revenue, resulting in a 148% operating deficit.

Mission

THE ORGANIZATION EXISTS TO RECEIVE OUR NEIGHBORS EXPERIENCING HOMELESSNESS, HELP THEM REBUILD THEIR LIVES, AND RETURN THEM TO THE COMMUNITY AS INDEPENDENT AND CONTRIBUTING MEMBERS OF SOCIETY.

🔒

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 $67,114

Program Service Revenue $0

Investment Income $0

Other Revenue $1,676

TOTAL REVENUE $68,790

Expense Breakdown

Grants Paid $40,968

Salaries & Benefits $90,561

Fundraising Expenses $100

Program Expenses $156,478

Other Expenses $39,412

TOTAL EXPENSES $170,941

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,790	$359,038	-0.8%
Expenses	$170,941	$243,915	-0.3%
Net Income	$-102,151	$115,123	-1.9%

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

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

$56,790

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARISSA BANCEWICZ	EXECUTIVE DI	40.00	Officer	$56,790	$0	$56,790
ZACH BACKUES	DIRECTOR/PRE	1.00	Officer Director	$0	$0	$0
KARA BYRD	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON MITCHELL	DIRECTOR/VP	1.00	Officer Director	$0	$0	$0
SUE STANFIELD	SECRETARY/DI	1.00	Officer 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
2023	$68,790	$170,941	$90,131	$-102,151
2022	$359,038	$243,915	$190,886	$115,123

I'M-POSSIBLE INC