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Infinite Possibilities Inc

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

EIN: 270784542 ✦ Henderson, NC ✦ Designated as a 501(c)(3)

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Overview

What is Infinite Possibilities Inc?

Infinite Possibilities Inc, based in Henderson, North Carolina, is a nonprofit organization with a mission to empower victims of domestic violence (DV) and sexual assault (SA), particularly those headed by single mothers, at-risk youth, and the homeless. Their primary objective is to reduce the occurrences of DV and SA through awareness education and collaboration with key stakeholders. The organization aims to support these individuals in rebuilding their lives and regaining control, promoting growth, responsibility, safety, and self-sufficiency. With a team of five dedicated employees, Infinite Possibilities Inc provides essential services to these vulnerable populations, fostering an environment that encourages their well-being and independence.


Official website here: www.infinitepossibilitiesinc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

Infinite Possibilities Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a perfect score in this area. The charity operates with a majority of independent board members, indicating robust governance and oversight. Its fiscal management is highlighted by an impressive program expense ratio of 83.15%, demonstrating a significant commitment to its mission.

The organization has established sound policies, including conflict of interest, whistleblower, and document retention policies, all of which contribute positively to its accountability framework. The absence of any material diversion of assets and a low liabilities to assets ratio further reinforce its financial health and operational integrity.

Despite the strong ratings, the summary does not provide insights into the charity's programmatic impact or effectiveness in achieving its mission. While the financials are solid, potential donors may want to investigate how well the charity translates its resources into tangible outcomes for the community it serves.


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

Is Infinite Possibilities Inc legitimate?

Infinite Possibilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Infinite Possibilities Inc 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: $87,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,155

For more financial information, click here


Official website here: www.infinitepossibilitiesinc.com

What is the mission statement of Infinite Possibilities Inc?

Infinite Possibilities Inc, as an organization, is dedicated to fostering growth, responsibility, safety, and self-sufficiency among three distinct groups: victims of domestic violence and sexual assault headed by single mothers, at-risk youth, and the homeless. Their mission is to support and empower these individuals, aiming to reduce the prevalence of domestic violence and sexual assault through awareness, education, and collaborative efforts with key stakeholders. The ultimate goal is to help these individuals regain control of their lives and lead fulfilling and independent lives.


Official website here: www.infinitepossibilitiesinc.com

Who is the CEO of Infinite Possibilities Inc?

Kanika Turrentine is the Executive Director of Infinite Possibilities Inc.


Official website here: www.infinitepossibilitiesinc.com

What is the revenue of Infinite Possibilities Inc?

Infinite Possibilities Inc's revenue in 2022 was $499,406.


Official website here: www.infinitepossibilitiesinc.com

Who are the executives of Infinite Possibilities Inc and what are their salaries?

The average compensation at Infinite Possibilities Inc during 2022 was $35,692. There are 5 employees at Infinite Possibilities Inc.


Here are 5 key members and their salaries:


Kanika Turrentine (Executive Director)
  • Compensation: $87,304
  • Related: $0
  • Other: $0
Latasha Wilder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Winbrow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latonya Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Forrest (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.infinitepossibilitiesinc.com

Where can I find the form 990 for Infinite Possibilities Inc?

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


Official website here: www.infinitepossibilitiesinc.com

Learn more at the official website: www.infinitepossibilitiesinc.com

Mission Statement of Infinite Possibilities Inc

Infinite Possibilities Inc, a nonprofit organization, is committed to promoting growth, responsibility, safety, and self-sufficiency among victims of domestic violence and sexual assault, single mothers, at-risk youth, and the homeless community. Their mission is to empower these individuals, providing them with the tools and support necessary to rebuild their lives and regain control. The organization aims to reduce the occurrences of domestic violence and sexual assault through awareness, education, and collaboration with key stakeholders. Their ultimate goal is to create a society where such incidents are minimized, and individuals can live with dignity and independence.

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Impact




July, 2024

Infinite Possibilities Inc is making a significant impact on the community by providing crucial support and resources to victims of domestic violence and sexual assault, particularly those led by single mothers, at-risk youth, and the homeless. Through their services and programs, they help survivors rebuild their lives and regain control, ultimately aiming to reduce the occurrences of domestic violence and sexual assault. By raising awareness, providing education, and collaborating with key stakeholders, Infinite Possibilities Inc is working towards a safer and more self-sufficient future for these vulnerable populations in Henderson, NC.




This information is meant to be a general summary of Infinite Possibilities Inc. 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
$499,406 (2022)
Expenses
$514,527 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $499,406

Assets and Liabilities:

  • Total Assets: $301,809
  • Total Liabilities: $5,974
  • Net Assets: $295,835

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Organization Details

Founding Year

2009

Principal Officer

Kanika Turrentine

Main Address

POST OFFICE BOX 3042, HENDERSON, NC, 27536

NTEE Category

Code: P42 - Human services

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