POSSIBILITIES INC (EIN 731544249) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

LARRY WATTS

Phone

4055253131

Tax Period

2022-07-01 to 2023-06-30

POSSIBILITIES INC, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $284K in total revenue in fiscal year 2022.

Mission

POSSIBILITIES, INC.'S PRIMARY PURPOSE IS TO STRENGTHEN THE ABILITY OF PEOPLE TO WORK TOGETHER FOR COMMUNITY CHANGE. CORE WORK IS PROVIDING TRAINING & MENTORING PROGRAMS FOR ENGAGEMENT, ENPOWERMENT AND LEADERSHIP IN OUR COMMUNITIES.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $251,409

Program Service Revenue $13,411

Investment Income $152

Other Revenue $18,891

TOTAL REVENUE $283,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,624

Fundraising Expenses $26,827

Program Expenses $241,429

Other Expenses $85,439

TOTAL EXPENSES $298,063

Year-over-Year Comparison

	2022	2021	Change
Revenue	$283,863	$286,429	0.0%
Expenses	$298,063	$246,169	+0.2%
Net Income	$-14,200	$40,260	-1.4%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY WATTS	PRESIDENT	N/A	Officer	$0	$0	$0
LUCY FRITTS	VICE PRESIDE	N/A	Officer	$0	$0	$0
BRENT WHEELBARGER	PRESIDENT	N/A	Officer	$0	$0	$0
DAVONNA MILAM	SECRETARY	N/A	Officer	$0	$0	$0
BRENT COLGAN	TREASURER	N/A	Officer	$0	$0	$0
LARRY HOPPER	DIRECTOR	N/A	Director	$0	$0	$0
LINDA LAMBERT	DIRECTOR	N/A	Director	$0	$0	$0
ROSE LANE	DIRECTOR	N/A	Director	$0	$0	$0
MARIA MARTINEZ	DIRECTOR	N/A	Director	$0	$0	$0
STEVE MASON	DIRECTOR	N/A	Director	$0	$0	$0
MARTIN POSTIC JR	DIRECTOR	N/A	Director	$0	$0	$0
PAT SCHONWALD	DIRECTOR	N/A	Director	$0	$0	$0
TRACI TABYANAN	DIRECTOR	N/A	Director	$0	$0	$0
TREVER WELCH	DIRECTOR	N/A	Director	$0	$0	$0
MARK MYERS	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$283,863	$298,063	$100,569	$-14,200
2022	$251,564	$264,649	$111,379	$-13,085
2021	$286,429	$246,169	$169,304	$40,260
2020	$320,492	$286,728	$123,510	$33,764

POSSIBILITIES INC