Available Potential Enterprises Limited

Tax-deductible

Northampton, MA501(c)(3)UnclassifiedEIN 04-2685501

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See part III

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $106K a year · 58% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$341K
+66% vs prior year
Spent
$396K
To programs
100%
Net assets
$1.0M
By yearFY2020–FY2024
Revenue
$341K
FY2024▲ +66%
Revenue by fiscal year
FY2020$107K
FY2021$101K
FY2022$160K
FY2023$206K
FY2024$341K
Expenses
$396K
FY2024▲ +13%
Expenses by fiscal year
FY2020$177K
FY2021$216K
FY2022$308K
FY2023$350K
FY2024$396K
Net assets
$1.0M
FY2024▼ -11%
Net assets by fiscal year
FY2020$1.5M
FY2021$1.7M
FY2022$1.1M
FY2023$1.1M
FY2024$1.0M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $396K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President & Director
$0Pt VII · Sec A
Clerk & Director
$0Pt VII · Sec A
Treasurer & Director
$0Pt VII · Sec A
See Available Potential Enterprises Limited executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Available Potential Enterprises Limited is a nonprofit based in Northampton, MA.

Provided by the organization

This section is blank until Available Potential Enterprises Limited claims this page.

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1 program service account for $396K of program spending, described in the organization's own filed words · FY2024.
01

Dance & theater performances, exhibition & space rentals

$396Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$341K
Ln 12
Other incomeLn 4–11$160K
Gifts and grantsLn 1h$86K
Fees for servicesLn 2g$61K
Money outPt IX
$396K
Ln 25
Programscol B$396K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$43K
Total assetsLn 16$1.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$86K
Fees for servicesLn 2g$61K
Investment incomeLn 3$34K
Other incomeLn 4–11$160K
Total revenueLn 12$341K
Assets in detailPt X, end of year
CashLn 1$43K
Cash and savings togetherLn 1–2$43K
InvestmentsLn 11–13$973K
Total assetsLn 16$1.0M
LiabilitiesLn 26$0
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$23K$43K
InvestmentsLn 11–13$1.1M$973K
Total assetsLn 16$1.1M$1.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.1M$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$195K$195K
Other employee benefitsLn 9$39K$39K
Payroll taxesLn 10$14K$14K
Accounting feesLn 11c$409$409
Investment management feesLn 11f$1K$1K
Other fees for servicesLn 11g$78K$78K
Advertising and promotionLn 12$617$617
Office expensesLn 13$2K$2K
OccupancyLn 16$26K$26K
TravelLn 17$871$871
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$22K$22K
All other expensesLn 24e$8K$8K
Total functional expensesLn 25$396K$396K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $341K$396K−$55K$1.0M 990 PDF
FY2023 $206K$350K−$145K$1.1M 990 PDF
FY2022 $160K$308K−$148K$1.1M 990 PDF
FY2021 $101K$216K−$115K$1.7M 990 PDF
FY2020 $107K$177K−$70K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $340,710 across 5 lines filed
Lines not itemized here account for $60,943 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$86,083
VIII-1h Total contributions, gifts and grants$86,083
VIII-3 Investment incomeExcluded from tax $34,128$34,128
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $159,556$159,556
VIII-12 Total revenueRelated to mission $60,943 · Unrelated business $0 · Excluded from tax $193,684$340,710
Part IX · Statement of functional expenses $395,600 across 13 lines filed
IX-7 Other salaries and wagesPrograms $195,256$195,256
IX-9 Other employee benefitsPrograms $38,703$38,703
IX-10 Payroll taxesPrograms $13,756$13,756
IX-11c Accounting feesPrograms $409$409
IX-11f Investment management feesPrograms $1,335$1,335
IX-11g Other fees for servicesPrograms $77,544$77,544
IX-12 Advertising and promotionPrograms $617$617
IX-13 Office expensesPrograms $2,234$2,234
IX-16 OccupancyPrograms $26,262$26,262
IX-17 TravelPrograms $871$871
IX-23 InsurancePrograms $9,319$9,319
IX-24 Other expenses (24a–d)Programs $21,569$21,569
IX-24e All other expensesPrograms $7,725$7,725
IX-25 Total functional expensesPrograms $395,600 · Management $0 · Fundraising $0$395,600
Part X · Balance sheet $1,016,095 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $22,582$43,004
X-12 Other securitiesStart of year $1,117,234$973,091
X-16 Total assetsStart of year $1,139,816$1,016,095
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,139,816$1,016,095
X-33 Total liabilities and net assetsStart of year $1,139,816$1,016,095
Part XI · Reconciliation of net assets $1,016,095 net assets at year end
XI-1 Total revenue$340,710
XI-2 Total expenses$395,600
XI-3 Revenue less expenses−$54,890
XI-4 Net assets at start of year$1,139,816
XI-9 Other changes in net assets−$68,831
XI-10 Net assets at end of year$1,016,095

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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