POSABILITIES INC (EIN 843193045) - 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

2019

Legal Domicile

Phone

5306807373

Tax Period

2023-01-01 to 2023-12-31

POSABILITIES INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $607K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $521K left a modest 14% surplus.

Mission

TO SURVEY, ASSESS, PLAN AND PROVIDE SERVICES FOR DEVELOPMENTALLY DISABLED ADULTS; AND TO CARRY ON OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES ASSOCIATED WITH THIS GOAL AS ALLOWED BY LAW.

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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 (2023)

Revenue Breakdown

Contributions & Grants $606,777

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $606,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,657

Fundraising Expenses $0

Program Expenses $491,701

Other Expenses $156,354

TOTAL EXPENSES $521,011

Year-over-Year Comparison

	2023	2022	Change
Revenue	$606,777	$395,123	+0.5%
Expenses	$521,011	$372,200	+0.4%
Net Income	$85,766	$22,923	+2.7%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
TERI TODD	President	Officer	$0	$0	$0
LEAH SPRY	Treasurer	Officer	$0	$0	$0
SHANNON COOK	Secretary	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
2024	No data	No data	No data	No data
2023	$606,777	$521,011	$142,637	$85,766
2022	$395,123	$372,200	$53,707	$22,923
2021	$258,690	$274,969	$29,853	$-16,279
2020	$228,385	$194,693	$54,438	$33,692

POSABILITIES INC