Mission Possible EIN 37-1853525

Mission Possible FY2023 filing

EIN  37-1853525 Public charity (501(c)(3)) Nashville, TN
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports and raises awareness for homeless people in Middle Tennessee and beyond.
Leadership
Nick Hartley · Vice Preside
Money in and out
$463K revenue, $339K expenses
Bottom line
87% program efficiency

Supports and raises awareness for homeless people in Middle Tennessee and beyond. For fiscal year 2023 it reported $463K in revenue, $339K in expenses, and $532K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$463K
Pt VIII · Ln 12
Total expenses
$339K
Pt IX · Ln 25
Net assets
$532K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $123K
Where spending went · Part IX cols B–D
Program services $0.87 Fundraising $0.13
Program efficiency
87%
of spending reaches programs
Operating runway
18.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+27%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$463K
FY2023▼ -10%
Expenses
$339K
FY2023▲ +19%
Total assets
$532K
FY2023▲ +31%
Total liabilities
$0
FY2023
Total revenue
$463K
Pt VIII · Ln 12
Total expenses
$339K
Pt IX · Ln 25
Net assets
$532K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$123K
Total assetsPt X · Ln 16$532K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $295K of program spending, described in the organization's own filed words · FY2023.
01

The organization was launched in 2006 with its initial fundraising event, mission: possible turkey fry, which has raised over 600,000 for nashville rescue mission, fried over 6,400 turkeys, and provided over 90,000 meals to the homeless and hungry of middle tennessee.

$295Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMission Possible
EINHdr · item D37-1853525
Principal addressHdr · item CNashville, TN
WebsiteHdr · item Jwww.tlmissionpossible.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFOct 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$441K · 95%
Contributions & grants$11K · 2%
Investment income$10K · 2%
Other revenue95%$441K
Contributions & grants2%$11K
Investment income2%$10K
Total revenueLn 12$463K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Fundraising $0.13
Program services87%$295K
Fundraising13%$45K
Total functional expensesLn 25$339K

Balance Sheet

Part X · end of year
CashLn 1$532K
Total assetsLn 16$532K
Total liabilitiesLn 26$0
Total net assetsLn 32$532K
Months of cash on handcomputed18.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $532K · Operating expenses/yr $339K
18.8 months
Where the money goes
Program services
Program services $295K · Total expenses $339K
87%
Management & General
Management & general $0 · Total expenses $339K
0%
Fundraising
Fundraising $45K · Total expenses $339K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $17K
$0.90 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $11K · Total revenue $463K
2%
Government reliance
Government grants — · Total revenue $463K
Earned-income share
Program service revenue $0 · Total revenue $463K
0%
Investment reliance
Investment income $10K · Total revenue $463K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $339K
0%
Growth & trend
Revenue growth (YoY)
This year $463K · Prior year $514K
-10%
Net-asset trend (YoY)
End of year $532K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $463K · Expenses $339K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $532K
Net-asset ratio
Net assets $532K · Total assets $532K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $532K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nick Hartley · Reported title VICE PRESIDE · Highest reported compensation $0 · Total expenses $339K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $62K · Total expenses $339K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 0%
Fundraising cost ratio 395%
Revenue growth -10%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$20K
Grants paid · 40 grants · $811K · 2021–2024
Nashville Rescue MissionTN · FY2024$120,000
Rise ErwinTN · FY2024$15,000
West Nashville Dream CenterTN · FY2024$10,000
West Nashville Dream CenterTN · FY2024$10,000
The Village at GlencliffTN · FY2024$10,000
The Laundry Stop INCTN · FY2024$10,000
Aloe Family INCTN · FY2024$10,000
Shower UpTN · FY2024$10,000
Project Return INCTN · FY2024$10,000
Open Table of Nashville INCTN · FY2024$10,000
Musically FedAZ · FY2024$10,000
Monroe Harding INCTN · FY2024$10,000
Journey Home INCTN · FY2024$10,000
Jesus Provisions MinistriesTN · FY2024$10,000
Operation Bbq ReliefMO · FY2024$6,500
See all 40 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$323K revenue · ⤓ 990 PDF
FY2023$463K revenue · viewing · ⤓ 990 PDF
FY2022$514K revenue · ⤓ 990 PDF
FY2021$329K revenue · ⤓ 990 PDF
FY2020$47K revenue · ⤓ 990 PDF
FY2019$80K revenue · ⤓ 990 PDF
FY2018$24K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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