Civic Intelligence

Impossible2Possible Inc

EIN 80-0222800 • 501(c)3 • Whittier, CA

Profile

The organization is dedicated to inspiring, educating and equipping young adults to achieve extraordinary acts in environmental and human sustainability. Its goals include: achieving the impossible, sustainability, community involvement, education and healthy living through exercise. The mission is achieved through a variety of avenues, including: youth expeditions which focus on communication, interaction and involvement; educating youth via internet-based education modules; youth leadership camps; and speaking seminars.

13624 Mar Vista StreetWhittier, CA 90602

www.impossible2possible.com

Siviq Scores

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

Liabilities / Assets

98th percentile

6.91x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$19,377

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 22.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

14th percentile

-76%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

41st percentile

-12%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$2,946

Down $9,296 (-76%) from 2015

Liabilities

Down

$20,348

Down $31,352 (-61%) from 2015

Net Assets

Up

-$17,402

Up $22,056 (+56%) from 2015

Operations
Liabilities / Revenue88th percentileNet Margin78th percentile

Revenue

Down

$88,076

Down $11,501 (-12%) from 2015

Expenses

Down

$66,020

Down $86,974 (-57%) from 2015

Net Income

Up

$22,056

Up $75,473 (+141%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$100K$50K$0-$50KAssets 2011: $11,595Liabilities 2011: $7,727Net Assets 2011: $3,8682011Assets 2012: $6,060Liabilities 2012: $9,571Net Assets 2012: -$3,5112012Assets 2013: $26,595Liabilities 2013: $12,143Net Assets 2013: $14,4522013Assets 2014: $29,804Liabilities 2014: $15,845Net Assets 2014: $13,9592014Assets 2015: $12,242Liabilities 2015: $51,700Net Assets 2015: -$39,4582015Assets 2016: $2,946Liabilities 2016: $20,348Net Assets 2016: -$17,4022016

Highlighted filing

2016

Assets$2,946
Liabilities$20,348
Net Assets-$17,402
Open 2016 Filing

Operations Trend

Revenue Growth41st percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $202,6172011Revenue 2012: $219,908Expenses 2012: $227,287Net Income 2012: -$7,3792012Revenue 2013: $314,088Expenses 2013: $296,125Net Income 2013: $17,9632013Revenue 2014: $267,319Expenses 2014: $267,812Net Income 2014: -$4932014Revenue 2015: $99,577Expenses 2015: $152,994Net Income 2015: -$53,4172015Revenue 2016: $88,076Expenses 2016: $66,020Net Income 2016: $22,0562016

Highlighted filing

2016

Revenue$88,076
Expenses$66,020
Net Income$22,056
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,946
Liabilities
$20,348
Net assets
-$17,402
Revenue
$88,076
Expenses
$66,020
Net income
$22,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.20$0.17$0.88$0.66$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.52$0.39$1.00$1.53$0.53
2014Detailed filing. Detailed filing data is available for this year.$0.30$0.16$0.14$2.67$2.68$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.27$0.12$0.14$3.14$2.96$0.18
2012Summary only. Only limited summary data is available for this year.$0.06$0.10$0.04$2.20$2.27$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.08$0.04$2.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$88,076
Mission and Program Overview

Mission

The organization is dedicated to inspiring, educating and equipping young adults to achieve extraordinary acts in environmental and human sustainability. Its goals include: achieving the impossible, sustainability, community involvement, education and healthy living through exercise. The mission is achieved through a variety of avenues, including: youth expeditions which focus on communication, interaction and involvement; educating youth via internet-based education modules; youth leadership camps; and speaking seminars.

Program Services

DescriptionGrantsExpenses
In 2016, impossible2Possible (i2P) carried out two non-traditional web-based Experiential Learning programs from remote regions of the world and delivered them to classrooms free of charge here in North America and to a wider audience over the globe. In these experience based learning programs nearly students and the broader general public participate and learn about different cultures and regions of the planet. The founder and co-founder, along with other high profile adventure guides and educators, escorted i2P Youth Ambassadors through an athletic and cultural learning camp in Chelsea, Quebec, Canada and a Youth Expedition across Death valley, CA. The Death Valley learning adventure was the 13th stage in the i2P World Expedition Series (W.E.S.). These events are being discussed here because these are precisely the kind of accomplishments that reflects i2Ps goals and objectives. The Death Valley Expedition sent a message that was multi-faceted with an emphasis on the history, geography, and mystery, of this incredible National Park. Independent websites along with a strong social media presence are established (you can access them from our home website www.impossible2Posssible.com) for the sole purpose of sharing these programs with classrooms and the wider general public, over the globe. All i2P expedition websites are loaded with interaction for students to follow along and engage. On a daily basis, students all over the globe can download education modules in class and interact live with the expedition teams via satellite conferencing software. Participating students always have the opportunity to ask questions of the expedition team and the team answers questions either live or via video journals on the website. An extended group of thousands of youth world-wide participated by visiting the websites daily. All i2P programs utilize peer to peer learning with youth ambassadors pushing beyond their perceived limits and experiencing life changing moments along with the thousands of youth around the globe inspired to achieve the impossible! The coverage of this journey was also well covered by various media outlets in the Canadian and U.S. press. Impossible2Possible Youth Ambassador Alumni continue with active participation in follow up programs such as visiting schools to share their personal experiences.$8,977-
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BOB COXExecutive DirectorFT$19,377-$19,377
RAY ZAHABPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Impossible2possible Inc
EIN
80-0222800
Phone
3104279322
Address
13624 MAR VISTA STREET, WHITTIER, CA 90602

Signing Officer

Name
Bob Cox
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Lisa a Laurentzius CPA
Address
2600 VETERAN AVE, LOS ANGELES, CA 90064-3136
Preparer
Lisa Laurentzius
Phone
3104468050
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Sale of apparel items $3807”

Other Expenses.1001

“Advertising and Promotion $1210”

Other Expenses.1002

“Office Expenses $734”

Other Expenses.1009

“Depreciation $772”

Other Expenses.1

“Expedition expenses $8977”

Other Expenses.2

“COST OF GOOD SOLD $8741”

Other Expenses.3

“BANK CHARGES $6694”

Other Expenses.4

“INTEREST $5414”

Other Expenses.5

“TELEPHONE EXPENSE $4077”

Other Expenses.6

“Payroll processing fees $999”

Other Expenses.7

“STORAGE FEES $985”

Other Expenses.8

“Information technology $618”

Other Expenses.9

“Dues and subscriptions $244”

Other Expenses.10

“AUTO EXPENSE $174”

Other Expenses.11

“CONTRACT SERVICES $133”

Other Expenses.12

“MISCELLANEOUS $24”

Other Assets.1003

“Machinery and Equipment - Beginning $1781 Machinery and Equipment - Ending $1009”

Other Assets.1010

“Inventories - Beginning $8741 Inventories - Ending $0”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $31955 Payable to Officers, Directors, Etc. - Ending $775”

Total Liabilities.1

“CREDIT CARD PAYABLE - Beginning $19745 CREDIT CARD PAYABLE - Ending $19573”

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SALE OF APPAREL ITEMS $3807
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $1210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $734
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $772
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPEDITION EXPENSES $8977
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COST OF GOOD SOLD $8741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK CHARGES $6694
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INTEREST $5414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE EXPENSE $4077
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PAYROLL PROCESSING FEES $999
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10STORAGE FEES $985
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INFORMATION TECHNOLOGY $618
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DUES AND SUBSCRIPTIONS $244
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13AUTO EXPENSE $174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14CONTRACT SERVICES $133
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15MISCELLANEOUS $24
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ReturnHeader/TaxYr02016

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