Possibilities INC

Nashville, TNUnknown exempt organization EIN 46-0397395Revenue $276K in FY2023Latest return filed Mar 6, 2024

On file with the IRStheonsitefoundation.orgNashville, TN

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Provide scholarships for individuals to attend trauma-informed counseling workshops and create trauma-informed emotional care opportunities to underserved communities.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0397395) · Dispute this line
88¢ of each $1 spent went to programs.
Run by 5 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $146K a year · 28% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$67K
to officers and key staff · 9% of spending
Pay to officers and key staff is 9% of spending.
Part VII, Section A
Named funders
1
named funder · $150K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$276K
+66% vs prior year
Spent
$784K
To programs
88%
Net assets
$0
By yearFY2020–FY2023
Revenue
$276K
FY2023▲ +66%
Tap a bar for its year
Revenue by fiscal year
FY2020$586K
FY2021$1.1M
FY2022$166K
FY2023$276K
Expenses
$784K
FY2023▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$443K
FY2021$613K
FY2022$829K
FY2023$784K
Net assets
$0
FY2023▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$729K
FY2021$1.2M
FY2022$507K
FY2023$0

From the FY2023 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $693K Management & general 11% · $83K Fundraising 1% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $67K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$67,178Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Deanna Wantz$67,178$116,250$78,750$75,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Possibilities INC executive salaries →

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

Funds counseling workshops and care opportunities for underserved communities.

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1 program · $693K · in their own filed words · FY2023
01

Provide scholarships for individuals to attend trauma-informed counseling workshops and create trauma-informed emotional care opportunities to underserved communities. During 2023, the organization provided approximately 150 individuals with scholarships.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0397395) · Dispute this line
$693Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$150K
Grants paid · 28 grants · $1.9M · 2020–2023
Laltot InstituteTN · FY2023$253,122
Unitemized GrantFY2023$195,000
Unitemized GrantFY2023$72,000
Unitemized GrantFY2023$54,000
Reboot Recovery INCTN · FY2023$12,000
Unitemized GrantFY2023$7,050
Unitemized GrantFY2022$133,200
Unitemized GrantFY2022$120,000
Unitemized GrantFY2022$117,650
Unitemized GrantFY2022$108,000
Unitemized GrantFY2022$56,000
Unitemized GrantFY2022$36,000
Unitemized GrantFY2022$34,500
Unitemized GrantFY2022$16,483
Unitemized GrantFY2021$129,000
Unitemized GrantFY2021$129,000
Unitemized GrantFY2021$66,000
See all 28 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$276K
Ln 12
Gifts and grantsLn 1h$272K
Fees for servicesLn 2g$13K
Investment incomeLn 3$385
Money outPt IX
$784K
Ln 25
Programscol B$693K
Managementcol C$83K
Fundraisingcol D$7K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$272K
Fundraising eventsLn 1c$152K
Fees for servicesLn 2g$13K
Investment incomeLn 3$385
Total revenueLn 12$276K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$507K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$507K$0
LiabilitiesLn 26$0$0
Net assetsLn 32$507K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$277K$277K
Grants to domestic individualsLn 2$334K$334K
Pay of officers and key staff (Part IX, line 5)Ln 5$67K$26K$39K$2K
Other employee benefitsLn 9$3K$1K$2K$103
Payroll taxesLn 10$5K$2K$3K$154
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$9K$9K
Office expensesLn 13$13K$11K$1K$91
Information technologyLn 14$7K$92$2K$4K
OccupancyLn 16$12K$12K
TravelLn 17$11K$10K$233$199
InsuranceLn 23$11K$10K$332
Other expenses (24a–d)Ln 24$25K$19K$6K
Total functional expensesLn 25$784K$693K$83K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Mar 6, 2024 $276K$784K−$507K$0 990 PDF
FY2022Filed with the IRS Mar 13, 2023 $166K$829K−$662K$507K 990 PDF
FY2021Filed with the IRS May 9, 2022 $1.1M$613K$441K$1.2M 990 PDF
FY2020Filed with the IRS Apr 29, 2021 $586K$443K$143K$729K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $276,296 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $114,470$271,571
I-9 Program service revenuePrior year $50,135$13,475
I-10 Investment incomePrior year $1,733$385
I-11 Other revenuePrior year $0−$9,135
I-12 Total revenuePrior year $166,338$276,296
I-13 Grants and similar amounts paidPrior year $632,560$611,328
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $130,827$75,756
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $65,354$96,650
I-18 Total expensesPrior year $828,741$783,734
I-19 Revenue less expensesPrior year −$662,403−$507,438
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $276,296 across 7 lines filed
VIII-1c Fundraising events$152,426
VIII-1f All other contributions, gifts and grants$119,145
VIII-1h Total contributions, gifts and grants$271,571
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,475$13,475
VIII-3 Investment incomeExcluded from tax $385$385
VIII-8 Net income from fundraising eventsExcluded from tax −$9,135−$9,135
VIII-12 Total revenueRelated to mission $13,475 · Unrelated business $0 · Excluded from tax −$8,750$276,296
Part IX · Statement of functional expenses $783,734 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $277,122$277,122
IX-2 Grants to domestic individualsPrograms $334,206$334,206
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $26,199 · Management $38,963 · Fundraising $2,015$67,177
IX-9 Other employee benefitsPrograms $1,342 · Management $1,995 · Fundraising $103$3,440
IX-10 Payroll taxesPrograms $2,004 · Management $2,981 · Fundraising $154$5,139
IX-11b Legal feesManagement $10,409$10,409
IX-11c Accounting feesManagement $8,771$8,771
IX-13 Office expensesPrograms $11,295 · Management $1,358 · Fundraising $91$12,744
IX-14 Information technologyPrograms $92 · Management $2,343 · Fundraising $4,154$6,589
IX-16 OccupancyPrograms $11,707$11,707
IX-17 TravelPrograms $10,415 · Management $233 · Fundraising $199$10,847
IX-23 InsuranceManagement $10,435 · Fundraising $332$10,767
IX-24 Other expenses (24a–d)Programs $18,878 · Management $5,938$24,816
IX-25 Total functional expensesPrograms $693,260 · Management $83,426 · Fundraising $7,048$783,734
Part X · Balance sheet $0 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $507,438$0
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $507,438$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $507,438$0
X-32 Total net assets or fund balancesStart of year $507,438$0
X-33 Total liabilities and net assetsStart of year $507,438$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$276,296
XI-2 Total expenses$783,734
XI-3 Revenue less expenses−$507,438
XI-4 Net assets at start of year$507,438
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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