Possabilities Plus Inc
Nonprofit profile at a glance
- EIN
- 842297910
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-EZ 2022, Form 990-N 2019
- Location
- Atlantic Beach, FL, USA
- Phone
- 9045955381
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Job Training
Reported finances
- Revenue
- $385,183
- Expenses
- $364,764
- Assets
- $110,376
- Liabilities
- $752
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- SUSAN PETERS (EXECUTIVE DIRECTOR)
- PAUL LYNN (VICE PRESIDENT & DIRECTOR)
- RAYMOND J KREICHELT (PRESIDENT AND DIRECTOR)
Highest reported compensation
- SUSAN PETERS (EXECUTIVE DIRECTOR): $45,238 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enhance the lives of individuals with special needs
What it reported doing in 2025
SociAbilities is a social hub with a variety of inperson activities designed to foster relationships and develope social skills in a fun and safe environment
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 93
- Accountability: 74
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.1%; rating input score 85
- Fundraising efficiency: $8.33 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 12.4%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 39.3% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 27.1% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 22.8% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.1% of spending went to programs
- Governance: 8 of 8 board members independent · 3 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $310K in reported program spending
- Leadership: top reported pay $45K · 9 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.