Possibilities Africa
Possibilities Africa maintains strong asset base and zero officer compensation amidst fluctuating revenues and occasional operating deficits.
EIN: 200703831 · Elkhorn, NE · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $838K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $340K |
| Transparency Score | 92/100 |
Is Possibilities Africa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Possibilities Africa directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Possibilities Africa
Possibilities Africa (EIN: 200703831) is a nonprofit organization based in Elkhorn, NE, classified under NTEE code Q30. The organization reported total revenue of $1.1M and total assets of $329K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Possibilities Africa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Possibilities Africa is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $658K |
| Total Expenses | $838K |
| Surplus / Deficit | $-179,736 |
| Total Assets | $340K |
| Net Assets | $340K |
| Operating Margin | -27.3% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2024, Possibilities Africa reported a deficit of $180K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Possibilities Africa's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -32.8% | -17.2% | -33.0% |
| 2023 | +63.4% | +148.7% | -4.6% |
| 2022 | -8.9% | -11.7% | +52.4% |
| 2021 | +210.4% | +54.0% | +136.6% |
| 2020 | -50.7% | -25.3% | -37.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Possibilities Africa with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Possibilities Africa allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $180K, with expenses exceeding revenue.
Executive Compensation Analysis
Possibilities Africa consistently reports 0% officer compensation, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size (over $1 million in revenue) and suggests a strong commitment to directing all funds to programmatic activities, or that leadership roles are filled by volunteers.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Possibilities Africa's IRS 990 filings:
- Expenses exceeding revenue in recent periods (2023, 2024) without clear explanation of funding source for deficit.
Strengths
The following positive indicators were identified for Possibilities Africa:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Strong asset base relative to liabilities, demonstrating financial stability.
- History of consistent revenue generation, showing donor support.
- Negligible liabilities across all reported periods, indicating sound financial management.
Frequently Asked Questions about Possibilities Africa
Is Possibilities Africa a legitimate charity?
Based on AI analysis of IRS 990 filings, Possibilities Africa (EIN: 200703831) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Possibilities Africa spend its money?
Possibilities Africa directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Possibilities Africa tax-deductible?
Possibilities Africa is registered as a tax-exempt nonprofit (EIN: 200703831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Possibilities Africa CEO make?
Possibilities Africa's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Possibilities Africa's spending goes to programs?
Possibilities Africa directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Possibilities Africa compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Possibilities Africa is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Possibilities Africa located?
Possibilities Africa is headquartered in Elkhorn, Nebraska and files with the IRS under EIN 200703831. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Possibilities Africa have?
Possibilities Africa has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
How does Possibilities Africa manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation is covered through other means not reported as officer compensation on the 990, though the former is more likely given the consistent reporting.
What caused the significant increase in revenue in 2023 and subsequent decrease in 2024?
Revenue for Possibilities Africa surged to $978,907 in 2023 from $598,980 in 2022, then decreased to $657,907 in 2024. This fluctuation could be due to specific fundraising campaigns, large one-time donations, or changes in grant funding cycles. Further investigation into their annual reports or financial statements would be needed to pinpoint the exact causes.
Is the organization's occasional operating deficit a concern?
While Possibilities Africa reported expenses exceeding revenue in 2023 ($1,012,144 expenses vs. $978,907 revenue) and 2024 ($837,643 expenses vs. $657,907 revenue), their strong asset base (e.g., $507,064 in 2023, $339,704 in 2024) and negligible liabilities suggest these deficits are covered by reserves and do not pose an immediate solvency risk. It's important to monitor if this becomes a consistent trend without corresponding asset growth.
Filing History
IRS 990 filing history for Possibilities Africa showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Possibilities Africa's revenue has grown by 270.3%, moving from $178K to $658K. Total assets increased by 534.3% over the same period, from $54K to $340K. Total functional expenses rose by 564.8%, from $126K to $838K. In its most recent filing year (2024), Possibilities Africa reported a deficit of $180K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $658K | $838K | $340K | $0 | — | View 990 |
| 2023 | $979K | $1.0M | $507K | $0 | — | View 990 |
| 2022 | $599K | $407K | $532K | $0 | — | View 990 |
| 2021 | $658K | $461K | $349K | $2K | — | View 990 |
| 2020 | $212K | $299K | $147K | $2K | — | View 990 |
| 2019 | $429K | $401K | $237K | $2K | — | View 990 |
| 2018 | $378K | $387K | $200K | $478 | — | View 990 |
| 2017 | $484K | $324K | $204K | $745 | — | View 990 |
| 2016 | $235K | $226K | $44K | $2K | — | View 990 |
| 2015 | $268K | $243K | $35K | $0 | — | View 990 |
| 2014 | $250K | $284K | $9K | $0 | — | View 990 |
| 2013 | $202K | $207K | $43K | $0 | — | View 990 |
| 2012 | $210K | $216K | $48K | $0 | — | View 990 |
| 2011 | $178K | $126K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $658K, expenses of $838K, and assets of $340K (revenue -32.8% year-over-year).
- 2023: Revenue of $979K, expenses of $1.0M, and assets of $507K (revenue +63.4% year-over-year).
- 2022: Revenue of $599K, expenses of $407K, and assets of $532K (revenue -8.9% year-over-year).
- 2021: Revenue of $658K, expenses of $461K, and assets of $349K (revenue +210.4% year-over-year).
- 2020: Revenue of $212K, expenses of $299K, and assets of $147K (revenue -50.7% year-over-year).
- 2019: Revenue of $429K, expenses of $401K, and assets of $237K (revenue +13.6% year-over-year).
- 2018: Revenue of $378K, expenses of $387K, and assets of $200K (revenue -22.0% year-over-year).
- 2017: Revenue of $484K, expenses of $324K, and assets of $204K (revenue +106.4% year-over-year).
- 2016: Revenue of $235K, expenses of $226K, and assets of $44K (revenue -12.5% year-over-year).
- 2015: Revenue of $268K, expenses of $243K, and assets of $35K (revenue +7.2% year-over-year).
- 2014: Revenue of $250K, expenses of $284K, and assets of $9K (revenue +23.8% year-over-year).
- 2013: Revenue of $202K, expenses of $207K, and assets of $43K (revenue -4.0% year-over-year).
- 2012: Revenue of $210K, expenses of $216K, and assets of $48K (revenue +18.5% year-over-year).
- 2011: Revenue of $178K, expenses of $126K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Possibilities Africa:
Data Sources and Methodology
This transparency report for Possibilities Africa 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.