My Possibilities Foundation is located in Addison, TX. The organization was established in 2011. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Possibilities Foundation 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 undefined, My Possibilities Foundation generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $1.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (48.1%) per year over the past 5 years. 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
Describe the Organization's Program Activity:
Part 3
TO RAISE FUNDS TO SUPPORT LAUNCHABILITY, INC., ANOTHER PUBLIC CHARITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharron Herrin Secretary | 2 | $0 | |
Steven H Gendler Treasurer/director | 2 | $0 | |
Jay Hull President | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,523 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,523 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,081 |
| Balance Sheet | |
|---|---|
| Total assets | $99,227 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,227 |