Overview
What is Place Of Possibilities Inc?
Place of Possibilities Inc is a nonprofit organization situated in Aulander, North Carolina. Their primary focus is on uplifting impoverished communities in northeastern North Carolina through various programs. These initiatives primarily aim at boosting literacy, promoting health awareness, and providing job training opportunities. In addition to this, they offer an afterschool program named Afterschool Family, specifically designed for 1st to 8th grade students who require extra help with academic tasks and could benefit from building their social skills and leadership abilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Place Of Possibilities Inc has received a solid score of 80%, reflecting a strong commitment to accountability and financial management. The rating is derived from its accountability and finance score, which is notably high, highlighting the organization's effective governance and transparency practices. This performance ensures that a significant portion of its resources is directed toward its programs.
Notably, the organization boasts a fully independent board, with 10 out of 10 board members being independent, and it has a manageable board size of eight independent members. Furthermore, the charity has demonstrated no material diversion of assets and has a well-documented conflict of interest policy, underlining its dedication to ethical standards.
While the program expense ratio stands at an impressive 71.45%, indicating that a large majority of funds are utilized for its mission-related activities, it is essential for stakeholders to stay informed on any future developments to maintain this strong financial health. Overall, Place Of Possibilities Inc shows a commendable level of responsibility and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Place Of Possibilities Inc legitimate?
Place Of Possibilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Place Of 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Place Of Possibilities Inc?
Place of Possibilities Inc. is committed to developing and sustaining initiatives that cater to literacy, health education, and vocational training in economically disadvantaged regions of northeastern North Carolina. Their mission is to create and support these programs, aiming to empower individuals in these communities. One of their initiatives includes the Afterschool Family program, which provides additional academic assistance and homework help to elementary and middle school students, as well as opportunities to strengthen social skills and leadership qualities.
Who is the CEO of Place Of Possibilities Inc?
Bill Early is the Board Member of Place Of Possibilities Inc. The CEO's salary of Place Of Possibilities Inc is $0 and their total compensation is $0.
What is the revenue of Place Of Possibilities Inc?
Place Of Possibilities Inc's revenue in 2022 was $99,725.
Who are the executives of Place Of Possibilities Inc and what are their salaries?
There 11 volunteers at Place Of Possibilities Inc.
Here are 11 key members and their salaries (Place Of Possibilities Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Place Of Possibilities Inc?
Place Of Possibilities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Place Of Possibilities Inc
Place of Possibilities Inc is a dedicated organization with a mission to create and support programs that cater to the needs of impoverished communities in northeastern North Carolina. Their primary focus is on providing literacy, health awareness, and job training to individuals in these areas. Through their initiatives, they aim to uplift and empower these communities, offering them the tools and resources necessary to improve their lives.
One of the programs offered by Place of Possibilities Inc is the Afterschool Family program. This program is designed for 1st through 8th grade students who require additional assistance with their studies. The Afterschool Family program goes beyond academic support, providing opportunities for the children to develop their social skills and leadership abilities. By offering this comprehensive approach, Place of Possibilities Inc is not just helping students excel in school, but also equipping them with the confidence and skills necessary to succeed in life.
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Impact
October, 2024
Place Of Possibilities Inc significantly enhances the lives of individuals in impoverished counties of northeastern North Carolina. Through comprehensive programs focused on literacy, health awareness, and job training, it addresses critical needs within the community. One of its key initiatives, the Afterschool Family program, offers 1st through 8th grade students essential tutoring and homework assistance, ensuring they stay on track academically. Beyond academics, this program fosters the development of social skills and leadership qualities, equipping children with the tools they need for future success. By focusing on these foundational areas, Place Of Possibilities Inc not only uplifts individuals but also strengthens the community as a whole, promoting a brighter future for all its residents.
This information is meant to be a general summary of Place Of 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $99,725
Assets and Liabilities:
- Total Assets: $23,561
- Total Liabilities: $0
- Net Assets: $23,561
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Organization Details
Founding Year
2008
Phone
(252) 345-1144Principal Officer
Bill Early
Main Address
PO Box 69, Aulander, NC, 27805
NTEE Category
Code: P40 - Human services
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