Posabilities Inc Dba Caring Family Network
EIN: 742570960 · Houston, TX
| Metric | Value |
|---|---|
| Total Expenses | $5.4M |
| Net Assets | $217K |
Is Posabilities Inc Dba Caring Family Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Posabilities Inc Dba Caring Family Network
Posabilities Inc Dba Caring Family Network (EIN: 742570960) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Posabilities Inc Dba Caring Family Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Posabilities Inc Dba Caring Family Network is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $5.4M |
| Surplus / Deficit | $-110,042 |
| Total Assets | $799K |
| Total Liabilities | $581K |
| Net Assets | $217K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 72.8% |
| Months of Reserves | 1.8 months |
Financial Health Grade: D
In 2014, Posabilities Inc Dba Caring Family Network reported a deficit of $110K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 72.8% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Posabilities Inc Dba Caring Family Network's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +0.6% | +2.8% | -19.3% |
| 2013 | +7.0% | +4.2% | +37.3% |
| 2012 | -14.1% | -14.9% | +6.9% |
AI Analysis Pending
AI enrichment for Posabilities Inc Dba Caring Family Network has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Posabilities Inc Dba Caring Family Network with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.8%.
Frequently Asked Questions about Posabilities Inc Dba Caring Family Network
Is Posabilities Inc Dba Caring Family Network a legitimate charity?
Posabilities Inc Dba Caring Family Network (EIN: 742570960) is a registered tax-exempt nonprofit based in Texas. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Posabilities Inc Dba Caring Family Network spend its money?
Posabilities Inc Dba Caring Family Network reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Posabilities Inc Dba Caring Family Network tax-deductible?
Posabilities Inc Dba Caring Family Network is registered as a tax-exempt nonprofit (EIN: 742570960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Posabilities Inc Dba Caring Family Network located?
Posabilities Inc Dba Caring Family Network is headquartered in Houston, Texas and files with the IRS under EIN 742570960.
How many years of IRS 990 filings does Posabilities Inc Dba Caring Family Network have?
Posabilities Inc Dba Caring Family Network has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Posabilities Inc Dba Caring Family Network showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Posabilities Inc Dba Caring Family Network's revenue has declined by 7.6%, moving from $5.7M to $5.2M. Total assets increased by 18.3% over the same period, from $675K to $799K. Total functional expenses fell by 8.9%, from $5.9M to $5.4M. In its most recent filing year (2014), Posabilities Inc Dba Caring Family Network reported a deficit of $110K, with expenses exceeding revenue. The organization holds $581K in liabilities against $799K in assets (debt-to-asset ratio: 72.8%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $5.2M | $5.4M | $799K | $581K | — | View 990 |
| 2013 | $5.2M | $5.2M | $990K | $658K | — | View 990 |
| 2012 | $4.9M | $5.0M | $721K | $389K | — | View 990 |
| 2011 | $5.7M | $5.9M | $675K | $213K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $5.2M, expenses of $5.4M, and assets of $799K (revenue +0.6% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.2M, and assets of $990K (revenue +7.0% year-over-year).
- 2012: Revenue of $4.9M, expenses of $5.0M, and assets of $721K (revenue -14.1% year-over-year).
- 2011: Revenue of $5.7M, expenses of $5.9M, and assets of $675K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Posabilities Inc Dba Caring Family Network:
Data Sources and Methodology
This transparency report for Posabilities Inc Dba Caring Family Network is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.