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Nonprofiteer
← POSSIBILITIES INC

Form 990 for tax year 2023

Filed by POSSIBILITIES INC.

Totals

Total revenue
$310,196
Total expenses
$343,794
Contributions and grants received
$266,413
Grants paid
$0
Program service revenue
$43,783
Investment income
$0
Other revenue
$0
Total assets, end of year
$77,608
Total liabilities, end of year
$28,289
Net assets or fund balances, end of year
$49,319
Program services expenses (Part IX)
$254,353
Management and general expenses
$45,165
Fundraising expenses
$44,276
Program service expenses (Part III)
$254,353

Program services were 74.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $23,833

  • 1f · All other contributions, gifts and grants

    $242,580

  • 2a · Program service revenue: FACILITY RENTAL

    total $29,994 · related or exempt $29,994

  • 2b · Program service revenue: SIGNATURE EVENT ITEMS SALES

    total $13,789 · related or exempt $13,789

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $225,421 · program services $186,444 · management and general $18,956 · fundraising $20,021

  • 11c · Fees: accounting

    total $23,693 · program services $12,241 · management and general $10,122 · fundraising $1,330

  • 12 · Advertising and promotion

    total $599 · program services $497 · management and general $76 · fundraising $26

  • 13 · Office expenses

    total $16,971 · program services $11,407 · management and general $2,157 · fundraising $3,407

  • 16 · Occupancy

    total $20,400 · program services $16,524 · management and general $1,836 · fundraising $2,040

  • 17 · Travel

    total $234 · program services $234

  • 19 · Conferences, conventions and meetings

    total $54,080 · program services $25,066 · management and general $11,802 · fundraising $17,212

  • 23 · Insurance

    total $2,396 · program services $1,940 · management and general $216 · fundraising $240

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $83,716 · end of year $54,611

  • 3 · Pledges and grants receivable

    beginning of year $7,142 · end of year $11,862

  • 9 · Prepaid expenses and deferred charges

    beginning of year $690 · end of year $2,115

  • 10a · Land, buildings and equipment: cost or other basis

    $26,818

  • 10b · Land, buildings and equipment: accumulated depreciation

    $17,798

  • 10c · Land, buildings and equipment, net

    beginning of year $9,020 · end of year $9,020

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,651 · end of year $28,289

  • 27 · Net assets without donor restrictions

    beginning of year $82,917 · end of year $49,319

Mission and programs · 2023

Mission

POSSIBILITIES VALUES-DRIVEN TRANSFORMATIVE EXPERIENCES TRAIN DIVERSE PEOPLE IN METHODS OF COMMUNITY ENGAGEMENT TO LEAD, INNOVATE, AND FACILITATE CHANGE. IN SHORT, POSSIBILITIES GROWS LOCAL CAPACITY TO WORK FOR POSITIVE CHANGE. THE BUILDING BRIDGES COMMUNITY PODCAST PLATFORM COLLABORATES WITH DIVERSE PARTNERS TO OFFER CONNECTION, SELF EXPLORATION AND OPPORTUNITIES FOR GROWTH. THROUGH THE INSIDE OUT LEADERSHIP PLATFORM AND OTHER CUSTOM TRAINING OFFERINGS, PARTICIPANTS IDENTIFY AREAS FOR PERSONAL GROWTH AND BUILD INDIVIDUAL AND GROUP SKILL SETS TO WORK WITH OTHERS FOR POSITIVE OUTCOMES. POSSIBILITIES PROVIDES A SAFE SPACE TO PRACTICE FACILITATION SKILLS AND SHARE LESSONS LEARNED THROUGH THE PEOPLE'S CIRCLE. WITH AN EMPHASIS ON CONNECTING TO OTHERS IN MEANINGFUL WAYS, ONGOING COACHING AND SUPPORT HELPS PEOPLE HEAL AND GROW. WE INVITE OTHERS INTO OUR SERVICES TO MAKE US STRONGER THROUGH OUR HIVE PARTNERS' SERVICES, INCLUDING THERAPISTS WHO SPECIALIZE IN TRAUMA THERAPY AND BODY WORK FOR HEAL

Activities or mission (Part I)

POSSIBILITIES MISSION IS TO STRENGTHEN PEOPLE'S ABILITY TO WORK TOGETHER FOR COMMUNITY CHANGES. POSSIBILITIES VALUES-DRIVEN TRANSFORMATIVE EXPERIENCES TRAIN DIVERSE PEOPLE IN METHODS OF COMMUNITY ENGAGEMENT TO LEAD, INNOVATE, AND FACILITATE CHANGE. IN SHORT, POSSIBILITIES GROWS LOCAL CAPACITY TO WORK FOR POSITIVE CHANGE. THE BUILDING BRIDGES COMMUNITY PODCAST PLATFORM COLLABORATES WITH DIVERSE PARTNERS TO OFFER CONNECTION, SELF EXPLORATION AND OPPORTUNITIES FOR GROWTH. THROUGH THE INSIDE OUT LEADERSHIP PLATFORM AND OTHER CUSTOM TRAINING OFFERINGS, PARTICIPANTS IDENTIFY AREAS FOR PERSONAL GROWTH AND BUILD INDIVIDUAL AND GROUP SKILL SETS TO WORK WITH OTHERS FOR POSITIVE OUTCOMES. POSSIBILITIES PROVIDES A SAFE SPACE TO PRACTICE FACILITATION SKILLS AND SHARE LESSONS LEARNED THROUGH THE PEOPLE'S CIRCLE. WITH AN EMPHASIS ON CONNECTING TO OTHERS IN MEANINGFUL WAYS, ONGOING COACHING AND SUPPORT HELPS PEOPLE HEAL AND GROW. WE INVITE OTHERS INTO OUR SERVICES TO MAKE US STRONGER THROUGH OUR HIVE

  • POSSIBILITIES VALUES-DRIVEN TRANSFORMATIVE EXPERIENCES TRAIN DIVERSE PEOPLE IN METHODS OF COMMUNITY ENGAGEMENT TO LEAD, INNOVATE, AND FACILITATE CHANGE. IN SHORT, POSSIBILITIES GROWS LOCAL CAPACITY TO WORK FOR POSITIVE CHANGE. THE BUILDING BRIDGES COMMUNITY PODCAST PLATFORM COLLABORATES WITH DIVERSE PARTNERS TO OFFER CONNECTION, SELF EXPLORATION AND OPPORTUNITIES FOR GROWTH. THROUGH THE INSIDE OUT LEADERSHIP PLATFORM AND OTHER CUSTOM TRAINING OFFERINGS, PARTICIPANTS IDENTIFY AREAS FOR PERSONAL GROWTH AND BUILD INDIVIDUAL AND GROUP SKILL SETS TO WORK WITH OTHERS FOR POSITIVE OUTCOMES. POSSIBILITIES PROVIDES A SAFE SPACE TO PRACTICE FACILITATION SKILLS AND SHARE LESSONS LEARNED THROUGH THE PEOPLE'S CIRCLE. WITH AN EMPHASIS ON CONNECTING TO OTHERS IN MEANINGFUL WAYS, ONGOING COACHING AND SUPPORT HELPS PEOPLE HEAL AND GROW. WE INVITE OTHERS INTO OUR SERVICES TO MAKE US STRONGER THROUGH OUR HIVE PARTNERS' SERVICES, INCLUDING THERAPISTS WHO SPECIALIZE IN TRAUMA THERAPY AND BODY WORK FOR HEALING. DIVERSE PROGRAM PARTICIPANTS USE THEIR SKILLS TO CREATE POSITIVE CHANGE IN A MULTITUDE OF WAYS. A SNAPSHOT OF JUST A FEW PROGRAM PARTICIPANTS IMPACT IN THE COMMUNITY: "WON A SEAT ON THE OKCPS SCHOOL BOARD TO ADVOCATE FOR STUDENTS AND FAMILIES ON THE NE SIDE OF OKC AND THROUGHOUT THE CITY. "STARTED AN ORGANIZATION TO SUPPORT SCHOOLS AND FAMILIES AND IS WORKING TO BRING PUBLIC MONTESSORI EDUCATION TO OKC. "BEGAN A PODCAST TO HELP NEWLY DIVORCED WOMEN TRANSITION INTO THEIR NEW ROLES AND BECAME A COACH TO HELP WOMEN GROW. "AFTER PUBLISHING A BOOK AND WRITING/DIRECTING SEVERAL PLAYS, BEGAN HOSTING A PODCAST TEACHING PEOPLE TO WRITE THEIR OWN AUTOBIOGRAPHIES. "CREATED A PODCAST TO SUPPORT FAMILIES THROUGH THE DYING PROCESS. "CREATED AN ORGANIZATION THAT PROVIDES HUNDREDS OF MEALS TO THE HOMELESS EACH WEEK.

    Expenses $254,353

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Larry Watts

    PRESIDENT

    Total calculated
    $0
  • Brent Wheelbarger

    VICE-PRESIDE

    Total calculated
    $0
  • Brent Colgan

    TREASURER

    Total calculated
    $0
  • Dana Welch

    SECRETARY

    Total calculated
    $0
  • Lacy Dinkins

    DIRECTOR

    Total calculated
    $0
  • Stephanie Henson

    DIRECTOR

    Total calculated
    $0
  • Larry Hopper

    DIRECTOR

    Total calculated
    $0
  • Mike Hixon

    DIRECTOR

    Total calculated
    $0
  • Rose Lane

    DIRECTOR

    Total calculated
    $0
  • Davonna Milam

    DIRECTOR

    Total calculated
    $0
  • Arial Moore

    DIRECTOR

    Total calculated
    $0
  • Traci Tabyanan

    DIRECTOR

    Total calculated
    $0
  • Trever Welch

    DIRECTOR

    Total calculated
    $0
  • Karl Wenzel

    DIRECTOR

    Total calculated
    $0
  • Zana Williams

    DIRECTOR

    Total calculated
    $0
  • Byron Jackson

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202531349349303383

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