Civic Intelligence

Imagine the Possibilities Inc

EIN 42-1132747 • 501(c)3 • Oskaloosa, IA

Profile

To help people with disabilities increase their independence and their inclusion.

1701 3rd Ave E 6Oskaloosa, IA 52577

www.imagine-the-possibilities.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$0

Down $858,151 (-100%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $388,953 (-100%) from 2016

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $742,903Liabilities 2011: $410,586Net Assets 2011: $332,3172011Assets 2012: $779,530Liabilities 2012: $407,295Net Assets 2012: $372,2352012Assets 2013: $819,721Liabilities 2013: $393,473Net Assets 2013: $426,2482013Assets 2014: $1,042,731Liabilities 2014: $453,179Net Assets 2014: $589,5522014Assets 2015: $981,825Liabilities 2015: $636,805Net Assets 2015: $345,0202015Assets 2016: $858,151Liabilities 2016: $469,198Net Assets 2016: $388,9532016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,147,0162011Expenses 2012: $2,237,1152012Revenue 2013: $2,473,193Expenses 2013: $2,442,675Net Income 2013: $30,5182013Revenue 2014: $2,642,285Expenses 2014: $2,506,961Net Income 2014: $135,3242014Revenue 2015: $2,469,799Expenses 2015: $2,651,134Net Income 2015: -$181,3352015Revenue 2016: $2,814,207Expenses 2016: $2,709,171Net Income 2016: $105,0362016

Latest loaded filing

2016

Revenue$2,814,207
Expenses$2,709,171
Net Income$105,036

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2017
Return Version
2016v3.0
Mission and Program Overview

Mission

To help people with disabilities increase their independence and their inclusion.

We believe that people with disabilities need to do for themselves as much as possible. We provide teaching, options, support and the necessary skills and tools, but only they can combine all of these resources and bring their own dreams to life.

Program Services

DescriptionGrantsExpenses
IN OUR HOME AND COMMUNITY BASED SERVICES (HCBS) DIVISION, WE WORK WITH BOTH ADULTS AND CHILDREN, CUSTOMIZING OUR SERVICES TO MEET THEIR INDIVIDUAL NEEDS. OUR GOAL IS TO HELP OUR CLIENTS LIVE AS INDEPENDENTLY AS POSSIBLE. WE ALSO ASSIST FAMILIES THAT ARE COMMITTED TO CARING FOR CHILDREN WITH DISABILITIES WITHIN THEIR HOME, BUT NEED MORE SUPPORT THAN THE FAMILY CAN PROVIDE ALONE. WE ALSO PROVIDE SERVICES IN THE INTERMEDIATE CARE FACILITY FOR PEOPLE WITH INTELLECTUAL DISABILITIES (ICF/ID) SETTING. THIS FACILITY SERVES EIGHT ADULTS WITH MODERATE TO SEVERE/PROFOUND MENTAL AND/OR PHYSICAL DISABILITIES. THIS 24/7 PROGRAM OFFERS INTENSIVE SERVICES, INCLUDING SKILL TRAINING, ACTIVITIES, DIETARY MANAGEMENT, HEALTH CARE AND THERAPY, ALL DESIGNED TO SUCCESSFULLY ADDRESS A VARIETY OF DISABILITY-RELATED SITUATIONS. OUR OUTREACH SERVICES PROGRAM HELPS TO FILL MANY OF THE GAPS FACED BY PEOPLE WITH DISABILITIES. TRADITIONAL FUNDING STREAMS LIMIT THE KINDS OF EQUIPMENT AND ACTIVITIES THAT CAN BE PURCHASED. THROUGH THE GENEROUS SUPPORT OF UNITED WAY OF MAHASKA COUNTY, IMAGINE THE POSSIBILITIES IS ABLE TO MEET MANY OF THOSE NEEDS, SUCH AS CAMPERSHIPS AND SPECIAL TRIPS, SPECIAL OLYMPICS, CHALLENGER LITTLE LEAGUE TEAM AND OTHER SPECIAL GIFTS AND GRANTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF STRONGPresident-$0--
DEANNE DOLLVice Preside-$0--
LINDA COHRTSecretary-$0--
STACEY SYTSMATreasurer-$0--
CRAIG ALEXANDERDirector-$0--
KAREN HAFNERDirector-$0--
DENNY LIEBUSDirector-$0--
JEFFEREY MORRISExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Imagine the Possibilities Inc
EIN
42-1132747
Phone
6416733459
Address
1701 3RD AVE E 6, OSKALOOSA, IA 52577

Signing Officer

Name
Jefferey Morris
Title
Executive Director
Phone
6416733459
Signed
2017-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Td&t Cpas and Advisors Pc
Address
1700 42ND ST NE, CEDAR RAPIDS, IA 52402
Preparer
Amanda L Lane CPA
Phone
3193932374
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20

Merger with dac, inc -388,953

Form 990-ez, Part II, Line 24

Accounts receivable 207,932 0 prepaid expenses and deferred charges 27,304 0 furniture & fixtures 335,212 0 less accumulated depreciation 298,630 0 vehicles 275,193 0 less accumulated depreciation 233,819 0 assets held for sale 0 0 total 313,192 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 109,667 0 deferred revenue 37,469 0 mortgage and other notes payable 322,062 0

Form 990-ez, Part III

We believe that people with disabilities need to do for themselves as much as possible. We provide teaching, options, support and the necessary skills and tools, but only they can combine all of these resources and bring their own dreams to life.

Form 990-ez, Part III, Line 28

In our home and community based services (hcbs) division, we work with both adults and children, customizing our services to meet their individual needs. Our goal is to help our clients live as independently as possible. We also assist families that are committed to caring for children with disabilities within their home, but need more support than the family can provide alone. We also provide services in the intermediate care facility for people with intellectual disabilities (icf/id) setting. This facility serves eight adults with moderate to severe/profound mental and/or physical disabilities. This 24/7 program offers intensive services, including skill training, activities, dietary management, health care and therapy, all designed to successfully address a variety of disability-related situations. Our outreach services program helps to fill many of the gaps faced by people with disabilities. Traditional funding streams limit the kinds of equipment and activities that can be purchased. Through the generous support of united way of mahaska county, imagine the possibilities is able to meet many of those needs, such as camperships and special trips, special olympics, challenger little league team and other special gifts and grants.

Form 990-ez, Part V, Line 34

Imagine the possibilities, inc and midwest opportuniities merged with dac, inc effective 7/1/16.

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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt11710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt21710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt31710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt41710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt51710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt61710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt71710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt81710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt91710 E MAPLE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt101710 E MAPLE ST
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd852060
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd952060
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IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0JEFF MORRIS, EXECUTIVE DIRECTOR BECAME THE NEW REGIONAL EXECUTIVE DIRECTOR, CHIEF SAFETY & TRAINING OFFICER.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PAGE 1, PART I, LINE 2E
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MERGER WITH DAC, INC -388,953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 207,932 0 PREPAID EXPENSES AND DEFERRED CHARGES 27,304 0 FURNITURE & FIXTURES 335,212 0 LESS ACCUMULATED DEPRECIATION 298,630 0 VEHICLES 275,193 0 LESS ACCUMULATED DEPRECIATION 233,819 0 ASSETS HELD FOR SALE 0 0 TOTAL 313,192 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 109,667 0 DEFERRED REVENUE 37,469 0 MORTGAGE AND OTHER NOTES PAYABLE 322,062 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WE BELIEVE THAT PEOPLE WITH DISABILITIES NEED TO DO FOR THEMSELVES AS MUCH AS POSSIBLE. WE PROVIDE TEACHING, OPTIONS, SUPPORT AND THE NECESSARY SKILLS AND TOOLS, BUT ONLY THEY CAN COMBINE ALL OF THESE RESOURCES AND BRING THEIR OWN DREAMS TO LIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN OUR HOME AND COMMUNITY BASED SERVICES (HCBS) DIVISION, WE WORK WITH BOTH ADULTS AND CHILDREN, CUSTOMIZING OUR SERVICES TO MEET THEIR INDIVIDUAL NEEDS. OUR GOAL IS TO HELP OUR CLIENTS LIVE AS INDEPENDENTLY AS POSSIBLE. WE ALSO ASSIST FAMILIES THAT ARE COMMITTED TO CARING FOR CHILDREN WITH DISABILITIES WITHIN THEIR HOME, BUT NEED MORE SUPPORT THAN THE FAMILY CAN PROVIDE ALONE. WE ALSO PROVIDE SERVICES IN THE INTERMEDIATE CARE FACILITY FOR PEOPLE WITH INTELLECTUAL DISABILITIES (ICF/ID) SETTING. THIS FACILITY SERVES EIGHT ADULTS WITH MODERATE TO SEVERE/PROFOUND MENTAL AND/OR PHYSICAL DISABILITIES. THIS 24/7 PROGRAM OFFERS INTENSIVE SERVICES, INCLUDING SKILL TRAINING, ACTIVITIES, DIETARY MANAGEMENT, HEALTH CARE AND THERAPY, ALL DESIGNED TO SUCCESSFULLY ADDRESS A VARIETY OF DISABILITY-RELATED SITUATIONS. OUR OUTREACH SERVICES PROGRAM HELPS TO FILL MANY OF THE GAPS FACED BY PEOPLE WITH DISABILITIES. TRADITIONAL FUNDING STREAMS LIMIT THE KINDS OF EQUIPMENT AND ACTIVITIES THAT CAN BE PURCHASED. THROUGH THE GENEROUS SUPPORT OF UNITED WAY OF MAHASKA COUNTY, IMAGINE THE POSSIBILITIES IS ABLE TO MEET MANY OF THOSE NEEDS, SUCH AS CAMPERSHIPS AND SPECIAL TRIPS, SPECIAL OLYMPICS, CHALLENGER LITTLE LEAGUE TEAM AND OTHER SPECIAL GIFTS AND GRANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IMAGINE THE POSSIBILITIES, INC AND MIDWEST OPPORTUNIITIES MERGED WITH DAC, INC EFFECTIVE 7/1/16.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART V, LINE 34
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFEREY MORRIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06416733459
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IMAGINE THE POSSIBILITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0IMAG
ReturnHeader/Filer/EIN0421132747
ReturnHeader/Filer/PhoneNum06416733459
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TD&T CPAS AND ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01700 42ND ST NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR RAPIDS
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052402
ReturnHeader/PreparerPersonGrp/PhoneNum03193932374
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA L LANE CPA
ReturnHeader/ReturnTs02017-05-02T11:52:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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