Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
The Possibility Fund
990EZ • Fiscal year 2022 • EIN 82-2124676
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
95th percentile
Higher net margin than 95% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Up$262,232
Up $58,431 (+29%) from 2021
Net Assets
Up$262,232
Up $58,431 (+29%) from 2021
Liabilities
Flat$0
Flat from 2021
Revenue And Expenses
Revenue
Up$80,242
Up $76,646 (+2131%) from 2021
Expenses
Down$21,811
Down $97,998 (-82%) from 2021
Net Income
Up$58,431
Up $174,644 (+150%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 9, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $80,242
Mission and Program Overview
Mission
The possibility fund works with visionary leaders and organizations on the frontlines of social change. We believe that any intractable problem in the world can be reframed and overcome. Our stand is to create a bright future for everyone.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SINCE 2017 THE POSSIBILITY FUND HAS BEEN WORKING WITH LEADERS IN A SCHOOL DISTRICT IN CHESTER, PA. THIS HAS BEEN CONSISTENT WITH THE POSSIBILITY FUND'S COMMITMENT TO CREATE THE BRIGHT FUTURE PEOPLE DESERVE. WE COLLABORATE CLOSELY WITH COMMUNITY ORGANIZATIONS AND INSTITUTIONS TO UNCOVER AND DISPEL THE HISTORY, ASSUMPTIONS, AND WIDELY-HELD VIEWS CONSTRAINING WHAT'S POSSIBLE FOR COMMUNITIES. THE POSSIBILITY FUND'S WORK WITH CUSD WAS NOT CONTINUED IN 2022 DUE TO THE RETIREMENT OF THE SUPERINTENDENT OF THE DISTRICT. TO CONTINUE THE EFFORTS IN FURTHERING YOUTH'S EDUCATION, THE POSSIBILITY FUND FOCUSED ON PROVIDING GRANTS TO THE FOLLOWING NON-PROFIT ORGANIZATIONS: GRANT TO FUND FOR ARMINIAN RELIEF FOR THE PURPOSE OF STUDENTS TO OBTAIN A HIGHER EDUCATION (USUALLY MASTERS DEGREES) IN POLITICS, GOVERNMENT STUDIES AND ECONOMICS. THE OUTCOME IS HAVING EXPERT POLITICIANS. GRANT TO ARMENIAN ASSEMBLY OF AMERICA FOR THE PURPOSE OF GIVING STUDENTS OF ARMENIAN DESCENT THE OPPORTUNITY TO LIVE AND WORK IN BOTH WASHINGTON DC AND YEREVAN, ARMENIA THROUGH INTERNSHIP PROGRAMS. GRANT TO THE DIOCESE OF THE ARMINIAN CHURCH FOR THE PURPOSE OF SPONSORING ONE OF THE MANY CAUSES OF THE DIOCESE THE ARMENIAN CHURCH YOUTH ORGANIZATION OF AMERICA (ACYOA).THE GRANTS THE POSSIBILITY FUND PROVIDED WERE IN SERVICE OF THE CONTINUOUS COMMITMENT TO PROVIDE EDUCATIONAL OPPORTUNITIES TO DISADVANTAGED GROUPS AND COMMUNITIES. THE POSSIBILITY FUND WILL CONTINUE TO SUPPORT CAUSES THAT BRING CHANGE. WE BELIEVE THAT ANY INTRACTABLE PROBLEM IN THE WORLD CAN BE REFRAMED AND OVERCOME. OUR STAND IS TO CREATE A BRIGHT FUTURE FOR EVERYONE. | $16,000 | $16,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| AGAVNI YERAMYAN | President | - | $0 | - | - |
| LUDMILLA MALMBERG | Vice President | - | $0 | - | - |
| CINDY FISCHER | Treasurer | - | $0 | - | - |
| MAURICE MITTS | Secretary | - | $0 | - | - |
| NANCY SLOANE | Executive Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Possibility Fund
- EIN
- 82-2124676
- Phone
- 6103280308
- Address
- 700 OLD MARPLE ROAD, SPRINGFIELD, PA 19064
Signing Officer
- Name
- Nancy Sloane
- Title
- Executive Director
- Phone
- 6103280308
- Signed
- 2023-05-09
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Eisner Advisory Group LLC
- Address
- 130 NORTH 18TH STREET SUITE 3000, PHILADELPHIA, PA 19103-2757
- Preparer
- Helen M Martin
- Phone
- 2158818800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: program grants. Grantee name: armenian assembly of america. Grantee relationship: none. Amount given: 1,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: program grants. Grantee name: armenian church youth organization of america. Grantee relationship: none. Amount given: 5,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: program grants. Grantee name: fund for armenian relief. Grantee relationship: none. Amount given: 10,000. Total included on form 990-ez, line 10: 16,000.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: marketing and design. Amount: 286. Description: bank charges. Amount: 1,069. Total to form 990-ez, line 16: 1,355.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: scrip cards. Beg. Of year amount: 200. End of year amount: 200.”
Raw XML Appendix168 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | YOANA DZUBOW |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6103280308 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 700 OLD MARPLE ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SPRINGFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 19064 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 203601 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 262032 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 80242 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 58431 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4456 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 203801 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 262232 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 16000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 80242 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 203801 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 262232 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 203801 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 262232 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | AGAVNI YERAMYAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LUDMILLA MALMBERG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CINDY FISCHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MAURICE MITTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | NANCY SLOANE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 200 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 200 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1355 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE POSSIBILITY FUND WORKS WITH VISIONARY LEADERS AND ORGANIZATIONS ON THE FRONTLINES OF SOCIAL CHANGE. WE BELIEVE THAT ANY INTRACTABLE PROBLEM IN THE WORLD CAN BE REFRAMED AND OVERCOME. OUR STAND IS TO CREATE A BRIGHT FUTURE FOR EVERYONE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SINCE 2017 THE POSSIBILITY FUND HAS BEEN WORKING WITH LEADERS IN A SCHOOL DISTRICT IN CHESTER, PA. THIS HAS BEEN CONSISTENT WITH THE POSSIBILITY FUND'S COMMITMENT TO CREATE THE BRIGHT FUTURE PEOPLE DESERVE. WE COLLABORATE CLOSELY WITH COMMUNITY ORGANIZATIONS AND INSTITUTIONS TO UNCOVER AND DISPEL THE HISTORY, ASSUMPTIONS, AND WIDELY-HELD VIEWS CONSTRAINING WHAT'S POSSIBLE FOR COMMUNITIES. THE POSSIBILITY FUND'S WORK WITH CUSD WAS NOT CONTINUED IN 2022 DUE TO THE RETIREMENT OF THE SUPERINTENDENT OF THE DISTRICT. TO CONTINUE THE EFFORTS IN FURTHERING YOUTH'S EDUCATION, THE POSSIBILITY FUND FOCUSED ON PROVIDING GRANTS TO THE FOLLOWING NON-PROFIT ORGANIZATIONS: GRANT TO FUND FOR ARMINIAN RELIEF FOR THE PURPOSE OF STUDENTS TO OBTAIN A HIGHER EDUCATION (USUALLY MASTERS DEGREES) IN POLITICS, GOVERNMENT STUDIES AND ECONOMICS. THE OUTCOME IS HAVING EXPERT POLITICIANS. GRANT TO ARMENIAN ASSEMBLY OF AMERICA FOR THE PURPOSE OF GIVING STUDENTS OF ARMENIAN DESCENT THE OPPORTUNITY TO LIVE AND WORK IN BOTH WASHINGTON DC AND YEREVAN, ARMENIA THROUGH INTERNSHIP PROGRAMS. GRANT TO THE DIOCESE OF THE ARMINIAN CHURCH FOR THE PURPOSE OF SPONSORING ONE OF THE MANY CAUSES OF THE DIOCESE THE ARMENIAN CHURCH YOUTH ORGANIZATION OF AMERICA (ACYOA).THE GRANTS THE POSSIBILITY FUND PROVIDED WERE IN SERVICE OF THE CONTINUOUS COMMITMENT TO PROVIDE EDUCATIONAL OPPORTUNITIES TO DISADVANTAGED GROUPS AND COMMUNITIES. THE POSSIBILITY FUND WILL CONTINUE TO SUPPORT CAUSES THAT BRING CHANGE. WE BELIEVE THAT ANY INTRACTABLE PROBLEM IN THE WORLD CAN BE REFRAMED AND OVERCOME. OUR STAND IS TO CREATE A BRIGHT FUTURE FOR EVERYONE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 16000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 16000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 21811 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 16000 |
| IRS990EZ/TotalRevenueAmt | 0 | 80242 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THEPOSSIBILITYFUND.ORG |
| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | 2019 PHILADELPHIA FOUNDATION AND PHILADELPHIA LOCAL INITIATIVE SUPPORT CORPORATION AWARDED GRANT. ON THE TABLE PHILLY ACTIVATE MINI GRANT. AS A GRANT RECIPIENT, THE POSSIBILITY FUND HAD THE OPPORTUNITY TO ADVERTISE WITH PHOTOS, VIDEOS AND SOCIAL MEDIA POSTS WITH HASHTAG #LETSTALKPHILLY. GRANT APPLICATION FOR FOUNDATION FOR DELAWARE COUNTY GRANT. BRIGHT SPOTS 2019-2020. THE FOUNDATION FOR DELAWARE COUNTY'S GOAL IS TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF CHILDREN AND FAMILIES IN DELAWARE COUNTY. THE FOUNDATION CONSIDERS AWARDING STRATEGIC INVESTMENT GRANTS TO ENHANCE COMMUNITY AND ECONOMIC DEVELOPMENT STRATEGIES IN DELAWARE COUNTY. THIS COULD INCLUDE ARTS AND CULTURE INITIATIVES THAT CATALYZE COMMUNITY AND ECONOMIC DEVELOPMENT. IN ADDITION, THE FOUNDATION WILL SUPPORT IMPACT ASSESSMENTS AND OTHER STRATEGIC PLANNING EFFORTS TO ATTRACT PUBLIC/PRIVATE INVESTMENTS TO SUPPORT AN INCREASE IN AFFORDABLE HOUSING AND THE SUPPLY OF STABLE HOUSING IN LOW-INCOME COMMUNITIES. NBC10 PHILADELPHIA/WCAU AND TELEMUNDO62/WWSI AND THE COMCAST NBCUNIVERSAL FOUNDATION APPLICATION FOR PROJECT INNOVATION GRANT CHALLENGE IN THE GREATER PHILADELPHIA REGION IN 2020. THE ORGANIZATION HELPS LOCAL NON-PROFIT ORGANIZATIONS THAT ARE HELPING TO MOVE COMMUNITIES FORWARD BY FOSTERING THE NEXT GENERATION OF STORYTELLERS, ARE ENCOURAGING A CULTURE OF INCLUSION FOR UNDERREPRESENTED COMMUNITIES, PROVIDING YOUTH WITH THE TOOLS THEY NEED TO SUCCEED ACROSS MULTIPLE DISCIPLINES, AND ARE NURTURING A CULTURE OF VOLUNTEERISM AND ENGAGEMENT IN COMMUNITIES. BOWLING FUNDRAISING EVENTS THE POSSIBILITY FUNDS HELD BOWLING EVENTS CALLED "PINS FOR POSSIBILITY" AT SPROUL LANES IN BROOMALL, PA FOR THE PURPOSE OF FUNDRAISING FOR ALL THE FUND'S CAUSES WITH INTENSE FOCUS ON YOUTH PROGRAMS IN DISTRESSED COMMUNITIES. SCRIP PROGRAM GIFT CARD FUNDRAISING FOR NON-PROFITS IS AN EASY AND CONVENIENT WAY TO RAISE FUNDS SIMPLY BY BUYING GIFT CARDS TO USE FOR EVERYDAY PURCHASES INSTEAD OF CASH OR CREDIT CARDS. ALL PARTICIPATING COMPANIES IN THE SCRIP PROGRAM DONATE A PERCENTAGE OF THE GIFT CARD SALES TO THE PROGRAM'S SUBSCRIBERS. FACEBOOK FUNDRAISERS THE POSSIBILITY FUND CONDUCTED MULTIPLE FACEBOOK FUNDRAISING CAMPAIGNS THROUGHOUT THE YEARS IN AN EFFORT TO ENGAGE AND INFORM THE PUBLIC OF THE FUND'S COMMITMENT TO WORK WITH LEADERS AND ORGANIZATIONS ON THE FRONTLINE OF SOCIAL CHANGE. AMAZON SMILE THE POSSIBILITY FUND IS AN APPROVED CHARITABLE ORGANIZATION WITH AMAZON SMILE. AMAZON DONATES A PERCENTAGE OF THE SALES TO PARTICIPATING NON-PROFIT ORGANIZATIONS. TRADITIONAL AND DIGITAL MARKETING CAMPAIGNS DIRECT SALES FROM KEY BOARD MEMBERS, WORD-OF-MOUTH EFFORTS AND REFERRALS. USE OF HUBSPOT MARKETING TOOLS TO REACH DONORS AT THE RIGHT TIME AND PLACE. THE POSSIBILITY FUND WEBSITE TO HIGHLIGHT THE FUNDS CURRENT WORK, THE APPROACH AND IMPACT OF THE PROGRAMS AND A PLACE TO MAKE A DONATION. NETWORKING THE POSSIBILITY FUND HAS A VERY WELL ROUNDED BOARD OF DIRECTORS THAT HAVE UTILIZED THEIR CONNECTIONS OVER THE YEARS TO FURTHER THE CAUSE OF THE ORGANIZATION, ESPECIALLY IN THE EDUCATION FRONT. A GREAT EXAMPLE IS THE RELATIONSHIP WITH DR. BAUGHN, THE SUPERINTENDENT OF CHESTER-UPLAND SCHOOL DISTRICT, WHOSE COMMITMENT OF BUILDING AN ENVIRONMENT OF ACHIEVEMENT AND CARE WITHIN THE DISTRICT WAS A DRIVING FACTOR FOR SOME LARGE DONATIONS. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 80242 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3596 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2114 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30245 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1181433 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1297630 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.11530 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 149583 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1148047 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 80242 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3596 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2114 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 30245 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1181433 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1297630 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1297630 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: PROGRAM GRANTS. GRANTEE NAME: ARMENIAN ASSEMBLY OF AMERICA. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: PROGRAM GRANTS. GRANTEE NAME: ARMENIAN CHURCH YOUTH ORGANIZATION OF AMERICA. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACTIVITY CLASSIFICATION: PROGRAM GRANTS. GRANTEE NAME: FUND FOR ARMENIAN RELIEF. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 16,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: MARKETING AND DESIGN. AMOUNT: 286. DESCRIPTION: BANK CHARGES. AMOUNT: 1,069. TOTAL TO FORM 990-EZ, LINE 16: 1,355. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: SCRIP CARDS. BEG. OF YEAR AMOUNT: 200. END OF YEAR AMOUNT: 200. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NANCY SLOANE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6103280308 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE POSSIBILITY FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | POSS |
| ReturnHeader/Filer/EIN | 0 | 822124676 |
| ReturnHeader/Filer/PhoneNum | 0 | 6103280308 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 700 OLD MARPLE ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SPRINGFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19064 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 871353108 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | EISNER ADVISORY GROUP LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 130 NORTH 18TH STREET SUITE 3000 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PHILADELPHIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 191032757 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2158818800 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HELEN M MARTIN |
| ReturnHeader/ReturnTs | 0 | 2023-05-09T13:49:15-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | NANCY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SLOANE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $262,232
- Liabilities
- $0
- Net assets
- $262,232
- Revenue
- $80,242
- Expenses
- $21,811
- Net income
- $58,431