Possibilities Inc is located in Oklahoma City, OK. The organization was established in 1998. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Possibilities Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Possibilities 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 06/2022, Possibilities Inc generated $251.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $264.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
POSSIBILITIES, INC.'S PRIMARY PURPOSE IS TO STRENGTHEN THE ABILITY OF PEOPLE TO WORK TOGETHER FOR COMMUNITY CHANGE. CORE WORK IS PROVIDING TRAINING & MENTORING PROGRAMS FOR ENGAGEMENT, ENPOWERMENT AND LEADERSHIP IN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS FOR 990 POSSIBILITIES INVESTS ITS RESOURCES IN LOCAL PEOPLE THROUGH ITS CORE, POSSIBILITIES INNOVATION PROGRAM (PIP), ENGAGING AND TRANSFORMING COMMUNITIES FROM WITHIN. AN ONGOING LEADERSHIP JOURNEY, PIP TEACHES TOOLS TO CREATE COMMUNITY, UNITY AND A SHARED VISION FOR TRANSFORMATION. PIP INSPIRES LOCAL LEADERS TO TACKLE COMMUNITY PROBLEMS WITH OTHERS AND SUPPORTS THEIR EFFORTS. TRAINED AND EXPERIENCED ALUMNI ARE EXTENSIONS OF POSSIBILITIES STAFF AND CONNECT DIVERSE PEOPLE TO CREATE INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES, IMPACTING AROUND 50,000 PEOPLE ANNUALLY. WORKING WHERE PEOPLE LIVE, LEARN, PLAY, WORK AND WORSHIP, THEY ACHIEVE SAFER NEIGHBORHOODS, STRONGER FAMILIES, COMMUNITY SCHOOLS AND ECONOMIC GROWTH THROUGHOUT GREATER OKLAHOMA CITY AND BEYOND. PIP ADDRESSES ISSUES SUCH AS POVERTY, ISOLATION, DEPENDENCY, STRUGGLING SCHOOLS, CRIME, AND DETERIORATING COMMUNITIES. THE PROGRAM INCLUDES AN INTENSIVE OPENING RETREAT, MULTIPLE TRAINING SESSIONS AND PRACTICE OPPORTUNITIES, COMMUNITY PROJECTS PLANNED AND CARRIED OUT BY PARTICIPANTS AND ONGOING MENTORING AND SUPPORT DURING AND AFTER THE PROGRAM. THROUGHOUT THE YEAR, NETWORKING OPPORTUNITIES FOR COMMUNITY PARTNERS ARE OFFERED. PEOPLE FROM ALL WALKS OF LIFE ATTEND TO COMMUNICATE IDEAS, SHARE ABOUT THEIR COMMUNITY WORK, PROVIDE VOLUNTEER OPPORTUNITIES, AND OPENLY ADDRESS ISSUES ON ISSUES THAT CAN BE DIVISIVE. THIS PROVIDES CURRENT PARTICIPANTS, ALUMNI AND THE COMMUNITY AT LARGE THE OPPORTUNITY TO CONTINUE TO BUILD THEIR NETWORK, ACCESS RESOURCES, AND RECEIVE TRAINING AND SUPPORT FOR THEIR TRANSFORMATION EFFORTS. PIP ALUMNI ARE LEADERS WHO TRANSFORM THROUGH PROJECTS AND COMMUNITIES AS DIVERSE AS THEY ARE. THE PROGRESS GRADUATES MAKE IN NEIGHBORHOODS, SCHOOLS, HOUSES OF FAITH AND BUSINESS DISTRICTS IS IMPRESSIVE. A SNAPSHOT OF A FEW RECENT EXAMPLES: BEAUTIFICATION - A BEAUTIFICATION PROJECT AT THELMA PARKS ELEMENTARY WHERE MEMBERS OF THE COMMUNITY SHARE A SENSE OF PRIDE, IMPACTING PEOPLE WHERE THEY LIVE AND GO TO SCHOOL. THIS GROUP RAISED 650 IN CASH AND IN-KIND DONATIONS FOR THEIR EVENT DAY FROM 11 SOURCES. 30 VOLUNTEERS CAME TOGETHER ON THE EVENT DAY TO CLEAR TRASH, TRIM TREES AND HEDGES, PLANT FLOWERS AND SPREAD MULCH IN 8 FLOWER BEDS. VOLUNTEERS CELEBRATED WITH HOTDOGS, SNACKS AND SNO CONES. PILOTING A NEW IMPACT MEASUREMENT APPROACH, A SURVEY WAS DESIGNED WITH THIS PIP GROUP AT THEIR DEBRIEF SESSION AND IMPLEMENTED AT THE SCHOOL'S OPEN HOUSE EVENT IN AUGUST. STUDENTS, TEACHERS, STAFF, PARENTS OR GUARDIANS, GRANDPARENTS AND COMMUNITY PARTNERS COMPLETED THE SURVEYS. 73% INDICATED IMPROVED SCHOOL APPEARANCE FROM THE PRIOR YEAR, 97% INDICATED FEELING PROUD OF THEIR SCHOOL AND 88% WANT TO HELP KEEP THE SCHOOL LOOKING GOOD. POSITIVE COMMENTS WERE RECEIVED, SUCH AS "I LOVE THE CHANGES. THE SCHOOL LOOKS MORE WELCOMING. SUPPORT OF CHILDREN - THIS GROUP'S GOAL IS TO PARTNER WITH COMMUNITIES TO CONNECT AND ADVANCE CHILDREN BY OVERCOMING THE GAP BETWEEN FAMILIES AND RESOURCES. THE FIRST EVENT WAS A ONE DAY FAIR AT SOUTH LINDSAY BAPTIST CHURCH TO PROVIDE FOOD, FAMILY FUN AND RESOURCES FOR FAMILIES IN SOUTH OKC, PARTICULARLY IN THE 73129 ZIP CODE. 48 VOLUNTEERS HELPED WITH SET-UP AND CLEAN-UP AND APPROXIMATELY 150 PEOPLE ATTENDED THROUGHOUT THE FOUR HOUR EVENT. THIS GROUP RAISED A TOTAL OF 1,075 OF IN-KIND RESOURCES INCLUDING TACOS, HOT DOGS, SNO CONES, WATER AND PRIZES FROM 23 SOURCES. RESOURCES PARTICIPATING INCLUDED INTEGRIS HEALTH SOUTH, COMMUNITY LITERACY CENTERS, BOYS & GIRLS CLUB OF OK, OKC COUNTY HEALTH DEPARTMENT, AND LATINO COMMUNITY DEVELOPMENT AGENCY. FAMILY FUN ACTIVITIES INCLUDED ZUMBA, MOON BOUNCES, GAMES, A DJ LEADING DANCES AND A PERFORMANCE BY THE BROTHERS OF STOMP. AT THE CONCLUSION OF THE EVENT, LEFTOVER FOOD WAS DISPERSED TO INDIVIDUALS EXPERIENCING HOMELESSNESS. CONNECTING COMMUNITY - THIS GROUP'S GOAL IS TO UNIFY SENIOR CITIZENS WITH THE COMMUNITY, THROUGH SHARING RESOURCES AND INFORMATION AND HAVING FUN. THEIR EVENT, HELD AT LINCOLN PARK SENIOR CENTER, A YMCA FACILITY, HAD MUSIC, PRIZES AND GAMES. 10 VOLUNTEERS HELPED 40 SENIORS PARTICIPATE IN ROTATING "TOPIC" TABLES WITH ASK THE DOCTOR, PROVIDED BY ONE FOCUS MEDICAL, NUTRITION, PROVIDED BY INTEGRIS HEALTH, FINANCES, PROVIDED BY ARVEST BANK AND MILLENNIALS VS. SENIORS, PROVIDED BY THE UNIVERSITY OF CENTRAL OKLAHOMA.
STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS FOR 990 POSSIBILITIES INVESTS ITS RESOURCES IN LOCAL PEOPLE THROUGH ITS CORE, POSSIBILITIES INNOVATION PROGRAM (PIP), ENGAGING AND TRANSFORMING COMMUNITIES FROM WITHIN. AN ONGOING LEADERSHIP JOURNEY, PIP TEACHES TOOLS TO CREATE COMMUNITY, UNITY AND A SHARED VISION FOR TRANSFORMATION. PIP INSPIRES LOCAL LEADERS TO TACKLE COMMUNITY PROBLEMS WITH OTHERS AND SUPPORTS THEIR EFFORTS. TRAINED AND EXPERIENCED ALUMNI ARE EXTENSIONS OF POSSIBILITIES STAFF AND CONNECT DIVERSE PEOPLE TO CREATE INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES, IMPACTING AROUND 50,000 PEOPLE ANNUALLY. WORKING WHERE PEOPLE LIVE, LEARN, PLAY, WORK AND WORSHIP, THEY ACHIEVE SAFER NEIGHBORHOODS, STRONGER FAMILIES, COMMUNITY SCHOOLS AND ECONOMIC GROWTH THROUGHOUT GREATER OKLAHOMA CITY AND BEYOND. PIP ADDRESSES ISSUES SUCH AS POVERTY, ISOLATION, DEPENDENCY, STRUGGLING SCHOOLS, CRIME, AND DETERIORATING COMMUNITIES. THE PROGRAM INCLUDES AN INTENSIVE OPENING RETREAT, MULTIPLE TRAINING SESSIONS AND PRACTICE OPPORTUNITIES, COMMUNITY PROJECTS PLANNED AND CARRIED OUT BY PARTICIPANTS AND ONGOING MENTORING AND SUPPORT DURING AND AFTER THE PROGRAM. THROUGHOUT THE YEAR, NETWORKING OPPORTUNITIES FOR COMMUNITY PARTNERS ARE OFFERED. PEOPLE FROM ALL WALKS OF LIFE ATTEND TO COMMUNICATE IDEAS, SHARE ABOUT THEIR COMMUNITY WORK, PROVIDE VOLUNTEER OPPORTUNITIES, AND OPENLY ADDRESS ISSUES ON ISSUES THAT CAN BE DIVISIVE. THIS PROVIDES CURRENT PARTICIPANTS, ALUMNI AND THE COMMUNITY AT LARGE THE OPPORTUNITY TO CONTINUE TO BUILD THEIR NETWORK, ACCESS RESOURCES, AND RECEIVE TRAINING AND SUPPORT FOR THEIR TRANSFORMATION EFFORTS. PIP ALUMNI ARE LEADERS WHO TRANSFORM THROUGH PROJECTS AND COMMUNITIES AS DIVERSE AS THEY ARE. THE PROGRESS GRADUATES MAKE IN NEIGHBORHOODS, SCHOOLS, HOUSES OF FAITH AND BUSINESS DISTRICTS IS IMPRESSIVE. A SNAPSHOT OF A FEW RECENT EXAMPLES: BEAUTIFICATION - A BEAUTIFICATION PROJECT AT THELMA PARKS ELEMENTARY WHERE MEMBERS OF THE COMMUNITY SHARE A SENSE OF PRIDE, IMPACTING PEOPLE WHERE THEY LIVE AND GO TO SCHOOL. THIS GROUP RAISED 650 IN CASH AND IN-KIND DONATIONS FOR THEIR EVENT DAY FROM 11 SOURCES. 30 VOLUNTEERS CAME TOGETHER ON THE EVENT DAY TO CLEAR TRASH, TRIM TREES AND HEDGES, PLANT FLOWERS AND SPREAD MULCH IN 8 FLOWER BEDS. VOLUNTEERS CELEBRATED WITH HOTDOGS, SNACKS AND SNO CONES. PILOTING A NEW IMPACT MEASUREMENT APPROACH, A SURVEY WAS DESIGNED WITH THIS PIP GROUP AT THEIR DEBRIEF SESSION AND IMPLEMENTED AT THE SCHOOL'S OPEN HOUSE EVENT IN AUGUST. STUDENTS, TEACHERS, STAFF, PARENTS OR GUARDIANS, GRANDPARENTS AND COMMUNITY PARTNERS COMPLETED THE SURVEYS. 73% INDICATED IMPROVED SCHOOL APPEARANCE FROM THE PRIOR YEAR, 97% INDICATED FEELING PROUD OF THEIR SCHOOL AND 88% WANT TO HELP KEEP THE SCHOOL LOOKING GOOD. POSITIVE COMMENTS WERE RECEIVED, SUCH AS "I LOVE THE CHANGES. THE SCHOOL LOOKS MORE WELCOMING. SUPPORT OF CHILDREN - THIS GROUP'S GOAL IS TO PARTNER WITH COMMUNITIES TO CONNECT AND ADVANCE CHILDREN BY OVERCOMING THE GAP BETWEEN FAMILIES AND RESOURCES. THE FIRST EVENT WAS A ONE DAY FAIR AT SOUTH LINDSAY BAPTIST CHURCH TO PROVIDE FOOD, FAMILY FUN AND RESOURCES FOR FAMILIES IN SOUTH OKC, PARTICULARLY IN THE 73129 ZIP CODE. 48 VOLUNTEERS HELPED WITH SET-UP AND CLEAN-UP AND APPROXIMATELY 150 PEOPLE ATTENDED THROUGHOUT THE FOUR HOUR EVENT. THIS GROUP RAISED A TOTAL OF 1,075 OF IN-KIND RESOURCES INCLUDING TACOS, HOT DOGS, SNO CONES, WATER AND PRIZES FROM 23 SOURCES. RESOURCES PARTICIPATING INCLUDED INTEGRIS HEALTH SOUTH, COMMUNITY LITERACY CENTERS, BOYS & GIRLS CLUB OF OK, OKC COUNTY HEALTH DEPARTMENT, AND LATINO COMMUNITY DEVELOPMENT AGENCY. FAMILY FUN ACTIVITIES INCLUDED ZUMBA, MOON BOUNCES, GAMES, A DJ LEADING DANCES AND A PERFORMANCE BY THE BROTHERS OF STOMP. AT THE CONCLUSION OF THE EVENT, LEFTOVER FOOD WAS DISPERSED TO INDIVIDUALS EXPERIENCING HOMELESSNESS. CONNECTING COMMUNITY - THIS GROUP'S GOAL IS TO UNIFY SENIOR CITIZENS WITH THE COMMUNITY, THROUGH SHARING RESOURCES AND INFORMATION AND HAVING FUN. THEIR EVENT, HELD AT LINCOLN PARK SENIOR CENTER, A YMCA FACILITY, HAD MUSIC, PRIZES AND GAMES. 10 VOLUNTEERS HELPED 40 SENIORS PARTICIPATE IN ROTATING "TOPIC" TABLES WITH ASK THE DOCTOR, PROVIDED BY ONE FOCUS MEDICAL, NUTRITION, PROVIDED BY INTEGRIS HEALTH, FINANCES, PROVIDED BY ARVEST BANK AND MILLENNIALS VS. SENIORS, PROVIDED BY THE UNIVERSITY OF CENTRAL OKLAHOMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lucy Fritts Member | Trustee | $0 | |
Brent Wheelbarger President | Officer | $0 | |
Davonna Milam Vice Preside | Officer | $0 | |
Brent Colgan Treasurer | Officer | $0 | |
Larry Hopper Director | Trustee | $0 | |
Rose Lane Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $26,807 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $210,811 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $237,618 |
Total Program Service Revenue | $13,892 |
Investment income | $54 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $251,564 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $155,438 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,288 |
Payroll taxes | $11,255 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,690 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,979 |
Advertising and promotion | $1,832 |
Office expenses | $16,073 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,900 |
Travel | $23 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $23,625 |
Conferences, conventions, and meetings | $1,980 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,527 |
All other expenses | $0 |
Total functional expenses | $264,649 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,279 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $28,033 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,231 |
Net Land, buildings, and equipment | $7,836 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $111,379 |
Accounts payable and accrued expenses | $2,646 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,646 |
Net assets without donor restrictions | $108,733 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $111,379 |