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The Foundation Of Possibilities

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

EIN: 300754521 ✦ Marlborough, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation Of Possibilities?

The Foundation of Possibilities is a nonprofit organization committed to fostering equality for children, ensuring they have the necessary resources and opportunities to thrive, irrespective of their family income, home environment, or social standing. By leveling the playing field, the foundation aims to help children realize their full potential and attain "the best in life." The organization's mission remains focused on providing these vital resources and opportunities to empower every child to succeed.

Is The Foundation Of Possibilities legitimate?

The Foundation Of Possibilities is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation Of Possibilities submitted a form 990EZ, 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 The Foundation Of Possibilities?

The Foundation of Possibilities strives to create an equal playing field for every child, enabling them to reach their full potential, irrespective of their financial background, living conditions, or social standing. By offering essential resources and opportunities, this organization aims to help children attain "the best in life." Their mission is centered around leveling the socio-economic barriers that might hinder a child's growth and development.

What is the revenue of The Foundation Of Possibilities?

The Foundation Of Possibilities's revenue in 2024 was $3,270.

Who are the executives of The Foundation Of Possibilities and what are their salaries?

Here are 5 key members and their salaries:


Carrie Mcmahon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Judy Carey (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mcmahon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Parker (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Pinkerton (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Foundation Of Possibilities?

The Foundation Of Possibilities's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of The Foundation Of Possibilities

The Foundation of Possibilities, in its mission, strives to create equality for all children. By recognizing the influence of family income, home environment, and social status, this organization aims to provide resources and opportunities that enable every child to reach their full potential and experience 'the best in life.' In essence, The Foundation of Possibilities works to level the playing field, ensuring that no child's prospects are limited due to their socio-economic background.

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Impact




August, 2024

The Foundation of Possibilities levels the playing field for every child by providing them with the resources and opportunities to achieve "the best in life" regardless of their family income level, home environment, or social status. Through its focus on education, the Foundation of Possibilities is making a significant impact on children in MARLBOROUGH, CT, helping them reach their full potential and breaking down barriers to success. The organization's mission to provide equal opportunities for all children is creating a brighter future for the next generation.




This information is meant to be a general summary of The Foundation Of 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
$3,270 (2024)
Expenses
$20,637 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,201
  • Gross Receipts: $3,270

Assets and Liabilities:

  • Total Assets: $46,413
  • Total Liabilities: $0
  • Net Assets: $46,413

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Organization Details

Principal Officer

Carrie Mcmahon

NTEE Category

Code: B80 - Education

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