Creating Possibilities Inc
- Assets
- $230.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, WI
- Founding
- 07/1994
- Data as of
- 08/2021
- EIN
- 84-1261170
Organization Overview
Creating Possibilities Inc is located in Watertown, WI. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Creating 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 08/2021, Creating Possibilities Inc generated $85.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $105.9k during the year ending 08/2021. While expenses have increased by 1.9% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW INCOME HOUSING TO 8 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES IN ACCORDANCE WITH A REGULATORY AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. ALSO, PROVIDING THOSE INDIVIDUALS WITH RESIDENTIAL CARE; RELIGIOUS, VOCATIONAL AND EDUCATIONAL TRAINING.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,722 |
| Total Program Service Revenue | $32,370 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,122 |
| 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 | $89,634 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,299 |
| Total expenses | $105,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,979 |
| Other assets | $0 |
| Total assets | $230,712 |
| Total liabilities | $229,643 |
| Net assets or fund balances | $1,069 |
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National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |