Everythings Possible Foundation Inc
- Assets
- $97.8m
- Revenue
- $8.2m
- Investments
- $37.6m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-1949424
Organization Overview
Everythings Possible Foundation Inc is located in Madison, WI. The organization was established in 2016. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everythings Possible Foundation 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 12/2021, Everythings Possible Foundation Inc generated $8.2m 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 (26.2%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF THE MADISON COMMUNITY FOUNDATION (MCF).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DISTRIBUTED $2,968,000 IN GRANTS FOR THE YEAR 2021 TO SUPPORT ITS EXEMPT PURPOSE AND MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Dvorak Pres., Treas., Director | OfficerTrustee | 1 | $0 |
Carl Dvorak Vice President, Director | OfficerTrustee | 1 | $0 |
Alyssa Dvorak Secretary | Officer | 1 | $0 |
Bob Sorge Director | Trustee | 1 | $0 |
David Reinecke Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,900,579 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,321,358 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,221,937 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,968,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,788 |
| Fees for services: Accounting | $3,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $152,369 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,134,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,328,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $56,909,560 |
| Investments—other securities | $37,582,400 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $97,820,322 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $97,820,322 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $97,820,322 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Everythings Possible Foundation Inc Madison, WI | $97,820,322 | $8,221,937 |
Boy Scouts of America Trust XXX-XX-XXXX Milwaukee, WI | $0 | -$6,281 |
John E Alexander South Wood County Young Mens Christian Foundation In Wisconsin Rapids, WI | $16,428,359 | $1,283,786 |
Free Enterprise Foundation Inc Moline, IL | $3,473,914 | $356,105 |
Childrens Charities Of Sheboygan County Inc Sheboygan Falls, WI | $1,943,835 | $33,966 |
Boy Scouts Of America Waukesha, WI | $2,819,970 | $105,242 |
Friends Of The Stoughton Area Youth Center Inc Stoughton, WI | $219,665 | $305,382 |
Ywca Of Madison Foundation Inc Madison, WI | $5,482,070 | $320,411 |
Boy Scouts Of America Davenport, IA | $1,577,215 | $126,263 |
Hartland Youth Lacrosse Inc Hartland, MI | $88,537 | $0 |
Pay It Forward Des Moines Iowa Inc Des Moines, IA | $158,733 | $0 |
Green Bay - Preble Optimist Foundation Inc Green Bay, WI | $772,460 | $101,148 |