Possibilities Ministries Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocoee, FL
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-4205640
Organization Overview
Possibilities Ministries Inc is located in Ocoee, FL. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Possibilities Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Possibilities Ministries Inc generated $140.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $140.6k during the year ending 12/2023. While expenses have increased by 24.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR 2023 WE WERE ABLE TO PROVIDE NEW MUSIC EQUIPMENT TO BOTH PRAYER ROOMS. FINISH THE BUILDING EXTERIOR OF MHOP AS WELL AS THE FLOORING. WE FED THE ENTIRE VILLAGE DID A SOCCER OUTREACH AND INSTALLED SOLAR PANELS ON BHOP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Iragaba President | 40 | $0 | |
Chelsea Gates Director | 20 | $0 | |
Josiah Gates Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,649 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,649 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $140,649 |
| Total expenses | $140,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |