Possibility Place EIN 47-1205156

Possibility Place

EIN  47-1205156 Public charity (501(c)(3)) Murfreesboro, TN
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Size
$100K–1M
What they do
Offers adults with disabilities educational, vocational, and life experience opportunities.
Leadership
Jackie Miller · Executive Dir. · $56K
Money in and out
$732K revenue, $465K expenses
Bottom line
92% program efficiency

Offers adults with disabilities educational, vocational, and life experience opportunities. For fiscal year 2024 it reported $732K in revenue, $465K in expenses, and $875K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$732K
Pt VIII · Ln 12
Total expenses
$465K
Pt IX · Ln 25
Net assets
$875K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $267K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▲ +14% vs prior filing year
Operating runway
7.2mo
months of highly liquid reserves at operating expense rate▼ -15% vs prior filing year
Surplus margin
+37%
revenue over expenses, this year▲ +50% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$732K
FY2024▲ +87%
Expenses
$465K
FY2024▲ +57%
Total assets
$887K
FY2024▲ +45%
Total liabilities
$11K
FY2024▲ +248%
Total revenue
$732K
Pt VIII · Ln 12
Total expenses
$465K
Pt IX · Ln 25
Net assets
$875K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$267K
Total assetsPt X · Ln 16$887K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

4 program services account for $598K of program spending, described in the organization's own filed words · FY2024.
01

Daily Living Skills and Community Integration

We help adults with idd have every opportunity for independence by teaching them the skills needed for daily living and community involvement.

$213Kprogram expense
02

Vocational Skills

We help the adults in our program learn valuable job skills and help them get jobs in the community.

$161Kprogram expense
03

Vocational Skills

We help the adults in our program learn valuable job skills and help them get jobs in the community.

$128Kprogram expense
04

Daily Living Skills and Community Integration

We help adults with idd have every opportunity for independence by teaching them the skills needed for daily living and community involvement.

$96Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPossibility Place
EINHdr · item D47-1205156
Principal addressHdr · item CMurfreesboro, TN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P82)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$55,651Pt VII · Sec A
Executive Dir.
$35,083Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jackie Miller’s $56K as Executive Dir. is at the 45th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jackie Miller$55,651
Sonya Craig$25,701$23,020$20,604$16,560

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.

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Statement of Revenue

Part VIII
Contributions & grants$500K · 68%
Program service revenue$200K · 27%
Investment income$28K · 4%
Contributions & grants68%$500K
Program service revenue27%$200K
Investment income4%$28K
Other revenue$4K
Total revenueLn 12$732K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$426K
Management & general8%$38K
Total functional expensesLn 25$465K

Balance Sheet

Part X · end of year
CashLn 1$279K
Total assetsLn 16$887K
Total liabilitiesLn 26$11K
Total net assetsLn 32$875K
Months of cash on handcomputed7.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $279K · Operating expenses/yr $465K
7.2 months
Where the money goes
Program services
Program services $426K · Total expenses $465K
92%
Management & General
Management & general $38K · Total expenses $465K
8%
Fundraising
Fundraising $0 · Total expenses $465K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $298K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $500K · Total revenue $732K
68%
Government reliance
Government grants — · Total revenue $732K
Earned-income share
Program service revenue $200K · Total revenue $732K
27%
Investment reliance
Investment income $28K · Total revenue $732K
+4%
Program self-sufficiency
Program service revenue $200K · Total expenses $465K
43%
Growth & trend
Revenue growth (YoY)
This year $732K · Prior year $391K
+87%
Revenue CAGR
FY2020 $184K · FY2024 $732K
+41%
Net-asset trend (YoY)
End of year $875K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $732K · Expenses $465K
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $887K
Net-asset ratio
Net assets $875K · Total assets $887K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $887K
0%
People & payroll
Highest Reported Total Compensation
Individual Jackie Miller · Reported title Executive Dir. · Highest reported compensation $56K · Total expenses $465K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $355K · Total expenses $465K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 87%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising 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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$8K

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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)$732K revenue · viewing · ⤓ 990 PDF
FY2023$391K revenue · ⤓ 990 PDF
FY2022$336K revenue · ⤓ 990 PDF
FY2021$309K revenue · ⤓ 990 PDF
FY2020$184K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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