Nothing Is Impossible Inc is located in Florham Park, NJ. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nothing Is Impossible Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Nothing Is Impossible Inc generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $42.8k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ASSIST INDIVIDUALS IN THE COMMUNITY WHO HAVE SUFFERED UNDUE HARDSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Randi Mcgivney Trustee/vice President | 5 | $0 | |
Jeffrey T Kluger Trustee | 5 | $0 | |
Doreen Mcgill Trustee/president | 5 | $0 | |
Edward F Nelson Trustee | 5 | $0 | |
Dawn Payne Trustee | 5 | $0 | |
Charles Mcgivney Trustee/treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,783 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $55,906 |
Other Revenue | $11 |
Total Revenue | $61,700 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $168 |
Other expenses | $2,527 |
Total expenses | $42,804 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $38,205 |
Other assets | $0 |
Total assets | $38,205 |
Total liabilities | $0 |
Net assets or fund balances | $38,205 |
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