Infinite Possibilities Inc

Organization Overview

Infinite Possibilities Inc is located in Henderson, NC. The organization was established in 2010. According to its NTEE Classification (P42) the organization is classified as: Single Parent Agencies, under the broad grouping of Human Services and related organizations. As of 12/2022, Infinite Possibilities Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinite Possibilities 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 12/2022, Infinite Possibilities Inc generated $499.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $514.5k during the year ending 12/2022. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE GROWTH,RESPONSIBILITY SAFETY AND SELF-SUFFICIENCY, VICTIMS OF DV/SA HEADED BY SINGLE MOTHERS, AT-RISK YOUTH AND THE HOMELESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DOMESTIC VIOLENCE AND SEXUAL ASSAULT SERVICES HELP VICTIMS/SURVIVORS REBUILD AND REGAIN CONTROL OF THEIR LIVES. THE GOAL IS TO REDUCE THE OCCURANCES OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT THROUGH AWARENESS EDUCATION AND COLLABORATION WITH KEY STAKEHOLDERS.


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Board, Officers & Key Employees

Name (title)Compensation
Kanika Turrentine
Executive Director
$87,304
Latasha Wilder
Board Member
$0
Teresa Winbrow
Board Member
$0
Latonya Carter
Board Member
$0
Judith Forrest
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $488,067
All other contributions, gifts, grants, and similar amounts not included above$11,339
Noncash contributions included in lines 1a–1f $182,440
Total Revenue from Contributions, Gifts, Grants & Similar$499,406
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $499,406

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