THE POSSABILITIES FOUNDATION
ROCHESTER,
Minnesota,
55904
EIN: 41-0851859
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
1808 3RD AVE SE
55904
COUNTY
olmsted county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
THE POSSABILITIES FOUNDATION is a based in ROCHESTER, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in June 2002, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $2,281,023.00, this ranks 140,868 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 3,122 out of 53,624 organizations in MN (Top 6%).
In olmsted county, MN, the organization ranks 84 out of 1,305 nonprofits by assets (Top 7%), while locally in rochester, it stands at 80 among 1,107 organizations (Top 7%).
The organization reported annual revenue of $201,616.00, ranking 286,807 nationally (Top 11%) and 6,844 in MN (Top 13%).
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, THE POSSABILITIES FOUNDATION ranks 929 in assets (Top 6%) and 2,147 in revenue (Top 13%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
1: Unconditional Exemption
FINANCIALS
TAX PERIOD
12/2014
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$564,044.00
FORM 990 REVENUE AMOUNT
$201,616.00
RULING DATE
06/2002
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,281,023.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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