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My Possibilities

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261509133 ✦ Plano, TX ✦ Designated as a 501(c)(3)

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Overview

What is My Possibilities?

My Possibilities is a nonprofit organization situated in Plano, Texas, at 3601 Mapleshade Lane. Their primary mission is to empower adults with disabilities, often referred to as Hugely Important People (HIPsters), by teaching them essential life skills, enabling them to live, work, and socialize independently within their community. This is achieved through a structured academic environment. The organization also provides a center for continued learning and pre-vocational training, aiming to enhance the quality of life and preserve their dignity within Collin County and surrounding areas. With a team of 126 dedicated individuals, My Possibilities is committed to fostering independence and improving the lives of adults with special needs.


Official website here: www.mypossibilities.org

What are the reviews and ratings of this charity?

**: Charity Navigator Rating 95% (Four-Star out of Four Stars)**tar)**

My Possibilities has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability, finance, and leadership. The organization stands out for its excellent financial management, demonstrated by a top score in accountability metrics, and a solid commitment to transparency with all board members being independent. Notably, the charity effectively engages in impactful programming, achieving an 87 in impact measurement.

Strengths of My Possibilities include its exemplary financial health with a high program expense ratio, indicating that the vast majority of its expenses directly support its mission. It also showcases a well-structured approach to stakeholder engagement and feedback, which echoes in its perfect scores for constituent feedback and usage. Recent initiatives, such as the new employment innovations school and a Corporate Engagement Council, highlight its commitment to enhancing opportunities for individuals with disabilities.

However, while the organization has strong outcomes in several areas, there's room for improvement in its data collection and analysis practices, as indicated by its score in this metric. This limitation suggests that while My Possibilities measures and reports its outcomes effectively, bolstering its data collection methods could further enhance its ability to assess and communicate its impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about My Possibilities?

96% of 247 reviewers on Facebook recommend My Possibilities. Here is a summary of their reviews: People commend the organization for providing exceptional opportunities to young individuals with disabilities. Many express gratitude for the supportive environment and the diverse programs available.

The overall sentiment reveals a strong appreciation for the programs offered, highlighting the positive impact on the participants' lives. Users have noted that the staff are dedicated and caring, contributing to an uplifting atmosphere where participants can thrive and grow.

Overall, My Possibilities has successfully fostered a sense of community and empowerment, earning high praise from those who have experienced its services first-hand.


This AI summary has been generated from reviews found on Facebook.

Is My Possibilities legitimate?

My Possibilities is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Possibilities submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $217,481
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $3,254,925

For more financial information, click here


Official website here: www.mypossibilities.org

What is the mission statement of My Possibilities?

My Possibilities is established with a mission to provide a center for continued learning and pre-vocational training. This center aims to enhance the independence and improve the quality of life for adults with special needs, preserving their dignity. The organization operates within Collin County and surrounding areas, using a structured academic setting to teach adults with disabilities essential skills for living, working, and socializing within their community in a healthy manner. The curriculum at My Possibilities' campus for higher learning is specifically engineered to empower these individuals, often referred to as Hugely Important People (HIPsters), to integrate effectively into their community.


Official website here: www.mypossibilities.org

Who is the CEO of My Possibilities?

Karen Wald is the Chairperson of My Possibilities.


Official website here: www.mypossibilities.org

What is the revenue of My Possibilities?

My Possibilities's revenue in 2022 was $9,558,893.


Official website here: www.mypossibilities.org

Who are the executives of My Possibilities and what are their salaries?

The average compensation at My Possibilities during 2022 was $27,559. There are 126 employees and 1447 volunteers at My Possibilities.


Here are 31 key members and their salaries:


Karen Wald (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara Trummer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Liner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Meade (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charmaine Solomon (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Atwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Baumgarten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Behrendt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lola Dada Olley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Dils (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Doyle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Gardner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Gregg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Lau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Mchugh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Mclaughlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Nelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Ramji (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Rayner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Roche (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Roque Jackson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hiren Shukla (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beccy Ratliff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michaela Sears (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Tara Goodwin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Lines (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helanie Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meryl Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Thomas (Executive Director)
  • Compensation: $187,142
  • Related: $0
  • Other: $30,339
Susan Swan Smith (Director Of Development)
  • Compensation: $154,442
  • Related: $0
  • Other: $1,000
Eduvijes Rose Perez (Chief Operations Officer)
  • Compensation: $147,097
  • Related: $0
  • Other: $0


Official website here: www.mypossibilities.org

Where can I find the form 990 for My Possibilities?

My Possibilities's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mypossibilities.org

Learn more at the official website: www.mypossibilities.org

Mission Statement of My Possibilities

My Possibilities, a nonprofit organization, is dedicated to establishing a center of continued learning and pre-vocational training. Their mission is to enhance the independence, improve the quality of life, and preserve the dignity of adults with special needs residing within Collin County and surrounding areas. The organization employs a daily curriculum at its campus that is designed to teach these individuals, often referred to as Hugely Important People (HIPsters), how to live, work, and socialize in their community in a healthy manner. This is achieved through a structured academic environment, guiding them towards integrating into their community effectively.

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Impact




October, 2024

My Possibilities significantly enhances the lives of adults with special needs by providing a tailored environment for continued learning and pre-vocational training. Located in Plano, Texas, the initiative creates a structured educational curriculum that empowers individuals to live, work, and socialize effectively within their communities. This focus on education helps promote independence, improve quality of life, and preserve the dignity of participants.

Through a comprehensive approach, My Possibilities allows adults with disabilities, affectionately referred to as Hugely Important People (HIPSTERS), to engage in transformative learning experiences. These experiences not only foster personal growth but also build essential skills for navigating everyday life. By focusing on community integration, My Possibilities ensures that individuals are not only learners but active contributors, enriching both their lives and the local community. The impact of this program resonates throughout Collin County and surrounding areas, creating a more inclusive environment for adults with special needs.




This information is meant to be a general summary of My Possibilities. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$9,558,893 (2022)
Expenses
$8,596,799 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,490
  • Program Service Revenue: $2,922,582
  • Gross Receipts: $9,800,298

Assets and Liabilities:

  • Total Assets: $33,408,347
  • Total Liabilities: $9,570,452
  • Net Assets: $23,837,895

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATION

Revenue

$2,233,923

THERAPY

Revenue

$509,189

VOCATION

Revenue

$170,822

OTHER PROGRAMS

Revenue

$8,648

Organization Details

Founding Year

2008

Principal Officer

Karen Wald

Main Address

3601 MAPLESHADE LANE, PLANO, TX, 75075

NTEE Category

Code: G00 - Disease

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