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Possibilities Inc

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

EIN: 731544249 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Possibilities Inc?

Possibilities Inc is a nonprofit organization located in Oklahoma City, Oklahoma. Their primary mission is to empower local communities by fostering unity and shared vision through their Program for Innovation and Transformation (PIP). This program provides training, mentoring, and networking opportunities, inspiring local leaders to tackle community issues collectively. PIP impacts around 50,000 individuals annually, addressing challenges such as poverty, isolation, and crime. The program includes an opening retreat, multiple training sessions, community projects, and ongoing support. The organization achieves tangible outcomes in neighborhoods, schools, faith-based institutions, and business districts, with recent examples including a beautification project and a community fair providing resources for families.


Official website here: www.possibilitiesinc.org

Is Possibilities Inc legitimate?

Possibilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $155,438

For more financial information, click here


Official website here: www.possibilitiesinc.org

What is the mission statement of Possibilities Inc?

Possibilities Inc's mission is centered around strengthening community change by empowering individuals. Their primary focus is providing training and mentoring programs that foster engagement, empowerment, and leadership within communities. The organization's core work aims to equip individuals with the necessary tools to work collaboratively towards community transformation. The Possibilities Innovation Program (PIP) is a significant part of their operations, inspiring local leaders to tackle community issues and supporting their efforts. Through PIP, around 50,000 people annually are impacted, leading to safer neighborhoods, stronger families, and improved community schools. The program addresses various challenges, such as poverty, isolation, dependency, and struggling schools, among others. PIP includes intensive training sessions, community projects, and ongoing mentoring and support. Networking opportunities are also provided for community partners throughout the year.


Official website here: www.possibilitiesinc.org

Who is the CEO of Possibilities Inc?

Brent Wheelbarger is the Member of Possibilities Inc.


Official website here: www.possibilitiesinc.org

What is the revenue of Possibilities Inc?

Possibilities Inc's revenue in 2022 was $251,564.


Official website here: www.possibilitiesinc.org

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

The average compensation at Possibilities Inc during 2022 was $19,430. There are 8 employees at Possibilities Inc.


Here are 13 key members and their salaries:


Lucy Fritts (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Wheelbarger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davonna Milam (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Colgan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hopper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Martinez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Postic Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci Tabyanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trever Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.possibilitiesinc.org

Where can I find the form 990 for Possibilities Inc?

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


Official website here: www.possibilitiesinc.org

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

Mission Statement of Possibilities Inc

Possibilities Inc, a nonprofit organization, is dedicated to strengthening the ability of communities to bring about change. Their primary focus lies in providing training and mentoring programs that foster engagement, empowerment, and leadership among individuals. The organization aims to invest in local communities, encouraging collaboration and the development of a shared vision for transformation. Through its Possibilities Innovation Program (PIP), the organization engages with a diverse range of individuals, offering tools to create unity and address community challenges. PIP alumni, armed with new skills and experiences, serve as extensions of Possibilities Inc's staff, working to address issues such as poverty, isolation, dependency, struggling schools, crime, and deteriorating communities. The program equips participants with resources and support, encouraging them to tackle community problems collectively and make a positive impact on around 50,000 people annually.

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Impact




October, 2024

Possibilities Inc significantly enhances community resilience and fosters collaborative problem-solving among residents. Through its innovative Possibilities Innovation Program (PIP), the organization invests in the potential of local leaders, transforming their communities from within.

Each year, approximately 50,000 individuals benefit from PIP's comprehensive training and mentoring, developing essential tools for engagement, empowerment, and leadership. The program cultivates a shared vision among participants, inspiring them to tackle pressing challenges such as poverty, isolation, and under-resourced schools.

One notable impact of the program is evident in community beautification projects, such as the initiative at Thelma Parks Elementary, where residents took pride in enhancing their environment, resulting in improved perceptions of the school from students and families alike. Other successful initiatives, like resource fairs and engaging events for senior citizens, demonstrate the power of community connection, offering vital services and fostering joy across diverse demographics.

As PIP alumni become catalysts for change, they lead transformative efforts in neighborhoods, schools, and beyond. These graduates create lasting improvements, enriching community life, bolstering relationships among residents, and ultimately contributing to a safer, more unified Oklahoma City. Through ongoing networking and support, Possibilities Inc ensures that community members continue to collaborate, innovate, and thrive, creating a brighter future for all.




This information is meant to be a general summary 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.

Revenue
$251,564 (2022)
Expenses
$264,649 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $54
  • Program Service Revenue: $13,892
  • Gross Receipts: $251,564

Assets and Liabilities:

  • Total Assets: $111,379
  • Total Liabilities: $2,646
  • Net Assets: $108,733

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Programs

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

SIGNATURE EVENT ITEMS SALES

Revenue

$8,284

CHAMPIONS FOR CHANGE

Revenue

$5,608

Organization Details

Founding Year

1995

Principal Officer

Brent Wheelbarger

Main Address

POBOX 60254, OKLAHOMA CITY, OK, 73146

NTEE Category

Code: S30 - Community improvement

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