Possibilities INC FY2022 filing

Nashville, TNUnknown exempt organization EIN 46-0397395Revenue $166K in FY2022Latest 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, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0397395) · Dispute this line
84¢ of each $1 spent went to programs.
$116K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
84%
of spending
84% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$116K
to officers and key staff · 14% of spending
Pay to officers and key staff is 14% of spending.
Part VII, Section A
7.3 mo
of spending, in cash
7.3 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
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$166K
-84% vs prior year
Spent
$829K
To programs
84%
Net assets
$507K
By yearFY2020–FY2023
Revenue
$166K
FY2022▼ -84%
Tap a bar for its year
Revenue by fiscal year
FY2020$586K
FY2021$1.1M
FY2022$166K
FY2023$276K
Expenses
$829K
FY2022▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$443K
FY2021$613K
FY2022$829K
FY2023$784K
Net assets
$507K
FY2022▼ -57%
Tap a bar for its year
Net assets by fiscal year
FY2020$729K
FY2021$1.2M
FY2022$507K
FY2023$0

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 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

84 cents of each dollar spent went to programs.

Program services 84% · $696K Management & general 15% · $123K Fundraising 1% · $10K

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

9 people listed on the 990; $116K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$116,250Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer; Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President (end 1/2023)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 · $696K · in their own filed words · FY2022
01

Provide scholarships for individuals to attend trauma-informed counseling workshops and create trauma-informed emotional care opportunities to underserved communities. During 2022, the organization provided approximately 400 individuals with scholarships.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0397395) · Dispute this line
$696Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$166K
Ln 12
Gifts and grantsLn 1h$114K
Fees for servicesLn 2g$50K
Investment incomeLn 3$2K
Money outPt IX
$829K
Ln 25
Programscol B$696K
Managementcol C$123K
Fundraisingcol D$10K
Owns and owesPt X
$507K
net assets · Ln 32
Cash and savingsLn 1–2$507K
Total assetsLn 16$507K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$114K
Fees for servicesLn 2g$50K
Investment incomeLn 3$2K
Total revenueLn 12$166K
Assets in detailPt X, end of year
CashLn 1$507K
Cash and savings togetherLn 1–2$507K
Total assetsLn 16$507K
LiabilitiesLn 26$0
Net assetsLn 32$507K
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 FY22End FY22
Cash and savingsLn 1–2$972K$507K
Total assetsLn 16$1.2M$507K
LiabilitiesLn 26$5K$0
Net assetsLn 32$1.2M$507K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$633K$633K
Pay of officers and key staff (Part IX, line 5)Ln 5$119K$47K$63K$9K
Other salaries and wagesLn 7$2K$729$1K$171
Payroll taxesLn 10$9K$9K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$15K$15K
Advertising and promotionLn 12$7K$7K$700
Office expensesLn 13$5K$2K$3K
Information technologyLn 14$7K$157$7K
TravelLn 17$3K$735$2K$11
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$12K$6K$7K$11
Total functional expensesLn 25$829K$696K$123K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Mar 6, 2024 $276K$784K−$507K$0 990 PDF
FY2022 ViewingFiled 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 FY2022 990
Part I · Summary $166,338 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $859,312$114,470
I-9 Program service revenuePrior year $86,231$50,135
I-10 Investment incomePrior year $70$1,733
I-11 Other revenuePrior year $107,941$0
I-12 Total revenuePrior year $1,053,554$166,338
I-13 Grants and similar amounts paidPrior year $440,494$632,560
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $107,912$130,827
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $64,256$65,354
I-18 Total expensesPrior year $612,662$828,741
I-19 Revenue less expensesPrior year $440,892−$662,403
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $166,338 across 5 lines filed
VIII-1f All other contributions, gifts and grants$114,470
VIII-1h Total contributions, gifts and grants$114,470
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $50,135$50,135
VIII-3 Investment incomeExcluded from tax $1,733$1,733
VIII-12 Total revenueRelated to mission $50,135 · Unrelated business $0 · Excluded from tax $1,733$166,338
Part IX · Statement of functional expenses $828,741 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $632,560$632,560
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $46,688 · Management $63,355 · Fundraising $9,110$119,153
IX-7 Other salaries and wagesPrograms $729 · Management $1,407 · Fundraising $171$2,307
IX-10 Payroll taxesManagement $9,367$9,367
IX-11b Legal feesManagement $5,956$5,956
IX-11c Accounting feesManagement $15,259$15,259
IX-12 Advertising and promotionPrograms $6,742 · Fundraising $700$7,442
IX-13 Office expensesPrograms $2,479 · Management $2,898$5,377
IX-14 Information technologyPrograms $157 · Management $7,337$7,494
IX-17 TravelPrograms $735 · Management $1,812 · Fundraising $11$2,558
IX-23 InsuranceManagement $8,970$8,970
IX-24 Other expenses (24a–d)Programs $5,568 · Management $6,719 · Fundraising $11$12,298
IX-25 Total functional expensesPrograms $695,658 · Management $123,080 · Fundraising $10,003$828,741
Part X · Balance sheet $507,438 assets, 6 lines filed
Net asset lines not itemized here account for −$662,403. See the IRS return.
X-1 Cash, non-interest-bearingStart of year $972,288$507,438
X-16 Total assetsStart of year $1,174,906$507,438
X-26 Total liabilitiesStart of year $5,065$0
X-27 Net assets without donor restrictionsStart of year $1,169,841$1,169,841
X-32 Total net assets or fund balancesStart of year $1,169,841$507,438
X-33 Total liabilities and net assetsStart of year $1,174,906$507,438
Part XI · Reconciliation of net assets $507,438 net assets at year end
XI-1 Total revenue$166,338
XI-2 Total expenses$828,741
XI-3 Revenue less expenses−$662,403
XI-4 Net assets at start of year$1,169,841
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$507,438

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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