GOLD2023

Possibilities, Inc.

Connecting People, Creating Change

Oklahoma City, OK   |  www.possibilitiesinc.org
GuideStar Charity Check

Possibilities, Inc.

EIN: 73-1544249


Mission

Possibilities' mission is "to strengthen the ability of people to work together for community change."  \n\nPossibilities is an innovative social impact organization using intentional, meaningful methods to strengthen people’s ability to authentically connect to each other. Possibilities helps people gain skills to work for positive change by advancing core values of trust, dignity and service while understanding and addressing conflict arising from our differences. We know societal conflict produces isolation, social anxiety, fear and mistrust. The power of connection and diverse relationships is the core of our organization. Our vision is to build synergy through diversity, cooperation and creativity. Connection is critical for us to flourish as humans.

Ruling year info

1998

Executive Director

Byron Jackson

Main address

4301 N. Classen Blvd., Ste C

Oklahoma City, OK 73118 USA

Show more contact info

Formerly known as

Possibilities: Neighbors in Action

EIN

73-1544249

Subject area info

Urban development

Community improvement

Adult education

Civic participation

Population served info

Adults

Economically disadvantaged people

Ethnic and racial groups

Victims and oppressed people

NTEE code info

Community, Neighborhood Development, Improvement (S20)

Citizen Participation (W24)

Adult, Continuing Education (B60)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Possibilities' mission is to strengthen the ability of people to work together for community change.\n\nPeople gain skills for creating community change and to authentically connect to others by advancing our core values:\n\n- Trust: create an environment where people feel safe.\n- Dignity: honor the worth of each person.\n- Service: start where people are and join their journey.\n\nThis is accomplished while learning to understand and address the conflict arising from our differences. The power of connection and diverse relationships is the core of our work. Connection is critical for us to flourish as humans. Our vision is to build synergy through diversity, cooperation, and creativity.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Inside Out Community Leadership Program

Join a passionate group of people doing the footwork of creating connection in our community. Possibilities’ Inside Out Community Leadership Program is an immersive training and mentoring program for advancing engagement, empowerment and leadership in our communities. Our special sauce: living the values of Trust, Dignity and Service.

An Inside Out Community Innovator is grounded in the foundation of our three core values: Trust, Dignity and Service. Their individual Innovator skills are developed from the inside out, first by breaking down the barriers that separate us from one another and building trust within themselves and others around them. They work to find the worth in themselves, others, and that the true value of service is about kindness, compassion and empath

What Does It Take? Inside Out is a 3-part program followed by a group community project practicum. Individualized coaching sessions and hands-on experience working in and with diverse groups are included.

Population(s) Served
Adults
Ethnic and racial groups
Social and economic status

Where we work

Awards

Multicultural Organization of the Year 2019

University of Central Oklahoma Multicultural Education Institute

ONE Award - Community 2009

Oklahoma Center for Nonprofit/Potts Family Foundation

Special Recognition Award 2000

Inasmuch Foundation

Affiliations & memberships

United Way of Central Oklahoma member agency 2001

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Possibilities helps create change from the inside out, meaning internal character development. Today we don’t have people we disagree with, we have enemies to be destroyed. Civility is eroding away, and the most common communication we see is attacking one another. We have moved from a society where our next-door neighbors being friends and allies to one where we are watchful and mistrustful of others. When you add the isolation caused by recent events, you suddenly have an entire society locked down without any connection to the community around them. How do we talk to someone of a different race or political belief? How do we connect and find safety in those around us? We not only disagree but hate because of our differing ideas on\nrace, religion, political affiliation, and even how to stop a virus that is killing our family, friends, neighbors, and coworkers every day.\n\nPossibilities develops people’s capacity to work for positive change by breaking barriers, building bridges, and developing the skills necessary to connect with others and improve their communities. This is done by increasing every person's capacity to lead, organize, and empower others. Clients are grounded in skills to help them connect, first by breaking down barriers and then building capacity. Through our values of Trust, Dignity, and Service, common bonds are formed and community change is created.

Possibilities helps individuals and groups facilitate the creation of common visions, relationships, leadership development, communication, decision making, and project planning, implementation, and evaluation. We develop community leaders by combining training, coaching, and project support.

Possibilities, Inc. is an innovative social impact organization using intentional, meaningful methods to strengthen our ability to authentically connect to each other, creating new and exciting methods to create change in our communities.\n\nSince 1998, Possibilities’ programs advance the values of Trust, Dignity, and Service while addressing the conflict that arises from our differences. Our core strength is our unique approach to breaking down barriers with the goal of building the authentic relationships needed for community change. \n\nPossibilities’ focus on relationship building with diverse groups of people is accomplished through values based work. We address the barriers that can impede efforts for improvement, such as cultural/racial boundaries, age discrimination, and fear of established institutions. Participants interact on an equal playing field without regard for social status, positions, or titles. This allows them the opportunity to (re)discover their strengths and reach their full potential while being of service to others. These equal relationships allow participants to become agents of change who improve their own lives and their communities (neighborhoods, businesses, organizations, schools, houses of faith etc.).\n\nPossibilities is building a movement--if we treat each other as neighbors, we will create vibrant, thriving neighborhoods for everyone to enjoy.

Since Possibilities inception, the organization has trained over 400 community members to facilitate change in their communities based on the core values of building trust, treating each other with dignity, and having a heart of service. These volunteers train new volunteers to create positive change in their communities, creating a continuous chain of connection and positive change.

Financials

Possibilities, Inc.
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

4.74

Average of 22.81 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

3.4

Average of 3.8 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

14%

Average of 47% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Possibilities, Inc.

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Possibilities, Inc.

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Possibilities, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Possibilities, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $26,971 $33,765 $40,260 -$13,086 -$14,200
As % of expenses 9.4% 11.8% 16.4% -4.9% -4.8%
Unrestricted surplus (deficit) after depreciation $26,971 $33,765 $40,260 -$13,086 -$14,200
As % of expenses 9.4% 11.8% 16.4% -4.9% -4.8%
Revenue composition info
Total revenue (unrestricted & restricted) $259,349 $320,492 $286,429 $251,564 $283,863
Total revenue, % change over prior year 40.8% 23.6% -10.6% -12.2% 12.8%
Program services revenue 5.8% 0.7% 7.3% 5.5% 4.7%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.1% 0.0% 0.0% 0.1%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 94.2% 99.2% 92.7% 94.5% 88.6%
Other revenue 0.0% 0.0% 0.0% 0.0% 6.7%
Expense composition info
Total expenses before depreciation $288,078 $286,728 $246,169 $264,649 $298,063
Total expenses, % change over prior year -13.3% -0.5% -14.1% 7.5% 12.6%
Personnel 78.3% 78.6% 69.3% 68.0% 71.3%
Professional fees 4.5% 5.0% 14.1% 6.3% 8.5%
Occupancy 4.7% 4.7% 5.1% 6.0% 6.8%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 12.5% 11.6% 11.5% 19.7% 13.4%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $288,078 $286,728 $246,169 $264,649 $298,063
One month of savings $24,007 $23,894 $20,514 $22,054 $24,839
Debt principal payment $0 $0 $10,112 $0 $0
Fixed asset additions $0 $2,611 $1,596 $3,629 $1,184
Total full costs (estimated) $312,085 $313,233 $278,391 $290,332 $324,086

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 0.4 2.9 6.2 3.3 3.4
Months of cash and investments 0.4 2.9 6.2 3.3 3.4
Months of estimated liquid unrestricted net assets 2.0 3.3 5.7 4.6 3.0
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $8,878 $69,171 $127,617 $73,279 $83,717
Investments $0 $0 $0 $0 $0
Receivables $51,290 $49,892 $35,281 $28,033 $7,142
Gross land, buildings, equipment (LBE) $17,798 $20,409 $22,005 $25,634 $9,020
Accumulated depreciation (as a % of LBE) 100.0% 87.2% 80.9% 69.4% 0.0%
Liabilities (as a % of assets) 22.9% 34.0% 28.0% 2.4% 17.6%
Unrestricted net assets $47,792 $81,557 $121,817 $108,733 $82,917
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $47,792 $81,557 $121,817 $108,733 $82,917

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Byron Jackson

Byron came to Possibilities with a background in social work, having earned his degree at the University of Oklahoma. Byron has an impressive track record of presenting community training on cultural diversity, team building, and many other subjects. His skill in working with diverse groups along with his humor, unpredictable behavior, his odd assortment of clothing, and extensive community contacts provides the Possibilities team with many assets.

Number of employees

Source: IRS Form 990

Possibilities, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Possibilities, Inc.

Board of directors
as of 06/28/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Larry Watts

American Fidelity Assurance Company

Term: 2024 - 2023

Larry Hopper

Community Volunteer

Traci Tabyanan

American Fidelity Assurance Company

Davonna Milam

Stride Bank

Brent Colgan

Armstrong Bank

Rose Lane

OKC Friday

Trever Welch

Kratos Defense

Dana Welch

Cox Communications

Brent Wheelbarger

Trifecta Communications

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 4/8/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Male
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 04/08/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.