My Possibilities Foundation
Nonprofit profile at a glance
- EIN
- 451838041
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Plano, TX, USA
- Phone
- 4692419100
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $121,605
- Expenses
- $0
- Assets
- $270,053
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- BECCY RATLIFF (CHAIR)
- NANCY APPELMAN (DIRECTOR)
- MONIKA BARNES (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support my possibilities through dedicated fundraising and donor engagement efforts.
What it reported doing in 2024
In 2024, mp foundation continued to fulfill its mission of supporting my possibilities through dedicated fundraising and donor engagement efforts. The foundation successfully raised funds to advance my possibilities' programs serving adults with intellectual and developmental disabilities. Key accomplishments included securing major gifts, expanding donor relationships, and hosting fundraising events that contributed to the organization's long-term financial sustainability. Although the foundation does not operate its own programs, its efforts directly enhance the resources and opportunities available to my possibilities and its participants.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 9
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -21.2% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 9.6% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Growth: Program expense growth scored 0/100.