Possibilities INC FY2020 filing

Nashville, TNUnknown exempt organization EIN 46-0397395Revenue $586K in FY2020Latest 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, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0397395) · Dispute this line
74¢ of each $1 spent went to programs.
$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 17% of spending
Pay to officers and key staff is 17% of spending.
Part VII, Section A
14.0 mo
of spending, in cash
14.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $150K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$8K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$586K
Spent
$443K
To programs
74%
Net assets
$729K
By yearFY2020–FY2023
Revenue
$586K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$586K
FY2021$1.1M
FY2022$166K
FY2023$276K
Expenses
$443K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$443K
FY2021$613K
FY2022$829K
FY2023$784K
Net assets
$729K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$729K
FY2021$1.2M
FY2022$507K
FY2023$0

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

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

74 cents of each dollar spent went to programs.

Program services 74% · $328K Management & general 20% · $90K Fundraising 6% · $25K

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

7 people listed on the 990; $75K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Director
$75,000Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer; Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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.

Questions for Possibilities INC

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1 program · $328K · in their own filed words · FY2020
01

Provide scholarships for individuals to attend trauma-informed counseling workshops and create trauma-informed emotional care opportunities to underserved communities. During 2020, the organization provided approximately 150 individuals with scholarships.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0397395) · Dispute this line
$328Kprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$586K
Ln 12
Gifts and grantsLn 1h$490K
Other incomeLn 4–11$93K
Investment incomeLn 3$2K
Money outPt IX
$443K
Ln 25
Programscol B$328K
Managementcol C$90K
Fundraisingcol D$25K
Owns and owesPt X
$729K
net assets · Ln 32
Cash and savingsLn 1–2$516K
Total assetsLn 16$737K
LiabilitiesLn 26$8K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$490K
Government grantsLn 1e$16K
Fundraising eventsLn 1c$16K
Fees for servicesLn 2g$2K
Investment incomeLn 3$2K
Other incomeLn 4–11$93K
Total revenueLn 12$586K
Assets in detailPt X, end of year
CashLn 1$516K
Cash and savings togetherLn 1–2$516K
Accounts receivableLn 4$18K
InvestmentsLn 11–13$203K
Total assetsLn 16$737K
LiabilitiesLn 26$8K
Net assetsLn 32$729K
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 FY20End FY20
Cash and savingsLn 1–2$252K$516K
InvestmentsLn 11–13$202K$203K
Total assetsLn 16$589K$737K
LiabilitiesLn 26$3K$8K
Net assetsLn 32$585K$729K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$266K$266K
Pay of officers and key staff (Part IX, line 5)Ln 5$81K$29K$41K$11K
Payroll taxesLn 10$6K$6K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$22K$9K$7K$6K
Advertising and promotionLn 12$301$50$22$229
Office expensesLn 13$7K$1K$3K$2K
Information technologyLn 14$10K$5K$596$4K
TravelLn 17$3K$3K$20
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$21K$15K$4K$1K
Total functional expensesLn 25$443K$328K$90K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled 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
FY2020 ViewingFiled with the IRS Apr 29, 2021 $586K$443K$143K$729K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $586,373 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $554,215$489,621
I-9 Program service revenuePrior year $0$1,617
I-10 Investment incomePrior year $3,101$1,714
I-11 Other revenuePrior year $81,894$93,421
I-12 Total revenuePrior year $639,210$586,373
I-13 Grants and similar amounts paidPrior year $433,736$265,971
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $44,794$87,331
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $181,508$89,603
I-18 Total expensesPrior year $660,038$442,905
I-19 Revenue less expensesPrior year −$20,828$143,468
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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 $586,373 across 8 lines filed
VIII-1c Fundraising events$16,218
VIII-1e Government grants$15,625
VIII-1f All other contributions, gifts and grants$457,778
VIII-1h Total contributions, gifts and grants$489,621
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,617$1,617
VIII-3 Investment incomeExcluded from tax $1,714$1,714
VIII-8 Net income from fundraising eventsExcluded from tax $93,421$93,421
VIII-12 Total revenueRelated to mission $1,617 · Unrelated business $0 · Excluded from tax $95,135$586,373
Part IX · Statement of functional expenses $442,905 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $265,971$265,971
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $28,904 · Management $41,097 · Fundraising $11,000$81,001
IX-10 Payroll taxesManagement $6,330$6,330
IX-11b Legal feesManagement $3,099$3,099
IX-11c Accounting feesManagement $15,056$15,056
IX-11g Other fees for servicesPrograms $9,000 · Management $6,825 · Fundraising $5,975$21,800
IX-12 Advertising and promotionPrograms $50 · Management $22 · Fundraising $229$301
IX-13 Office expensesPrograms $1,335 · Management $2,992 · Fundraising $2,184$6,511
IX-14 Information technologyPrograms $4,597 · Management $596 · Fundraising $4,430$9,623
IX-17 TravelPrograms $3,003 · Fundraising $20$3,023
IX-23 InsuranceManagement $9,555$9,555
IX-24 Other expenses (24a–d)Programs $15,058 · Management $4,241 · Fundraising $1,336$20,635
IX-25 Total functional expensesPrograms $327,918 · Management $89,813 · Fundraising $25,174$442,905
Part X · Balance sheet $736,763 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $251,558$515,997
X-4 Accounts receivableStart of year $135,546$18,200
X-11 Publicly traded securitiesStart of year $201,850$202,566
X-16 Total assetsStart of year $588,954$736,763
X-17 Accounts payable and accrued expensesStart of year $3,473$7,814
X-26 Total liabilitiesStart of year $3,473$7,814
X-27 Net assets without donor restrictionsStart of year $585,481$712,799
X-28 Net assets with donor restrictionsStart of year $0$16,150
X-32 Total net assets or fund balancesStart of year $585,481$728,949
X-33 Total liabilities and net assetsStart of year $588,954$736,763
Part XI · Reconciliation of net assets $728,949 net assets at year end
XI-1 Total revenue$586,373
XI-2 Total expenses$442,905
XI-3 Revenue less expenses$143,468
XI-4 Net assets at start of year$585,481
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$728,949

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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