THE POSSIBILITY FUND

EIN: 822124676 501(c)(3)

SPRINGFIELD, PA

Total Revenue
$1,181,433
Total Expenses
$765,219
Total Assets
$423,260
Net Assets
$420,535
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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
2017
Legal Domicile
PA
Principal Officer
DAVID PINES
Phone
6103280308
Tax Period
2018-01-01 to 2018-12-31

THE POSSIBILITY FUND, founded in 2017, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $416K, a strong 35% operating margin.

Mission

THE POSSIBILITY FUND WORKS WITH VISIONARY LEADERS AND ORGANIZATIONS ON THE FRONTLINES OF SOCIAL CHANGE. WE BELIEVE THAT ANY INTRACTABLE PROBLEM IN THE WORLD CAN BE REFRAMED AND OVERCOME. OUR STAND IS TO CREATE A BRIGHT FUTURE FOR EVERYONE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $1,181,433
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,181,433

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $760,585
Other Expenses $765,219
TOTAL EXPENSES $765,219

Year-over-Year Comparison

2018 2017 Change
Revenue $1,181,433 $1,008,000 +0.2%
Expenses $765,219 $1,003,679 -0.2%
Net Income $416,214 $4,321 +95.3%
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

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
10

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
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AGAVNI YERAMYAN PRESIDENT 1.00
Officer Director
$0 $0 $0
LUDMILLA MALMBERG VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CINDY FISCHER TREASURER 1.00
Officer Director
$0 $0 $0
MAURICE MITTS SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID PINES EXECUTIVE DIRECTOR 30.00
Officer
$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
2018 $1,181,433 $765,219 $423,260 $416,214
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