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Nonprofit · EIN 47-5439413

IM-POSSIBLE INC

Tax-exempt · DURANT, OK 74701

Financials

$69K$171K2023$52K$97K2024
Revenue Expenses · by fiscal year end
Financials of IM-POSSIBLE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$52,053$97,398-$45,345$44,604–$44,604
December 31, 2023990$68,790$170,941-$102,151$90,131$0$90,131
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$41,424
Net gain from sales of assets
$900
Net income from fundraising events
$9,729

Expenses

Grants and similar amounts paid
$2,327
Compensation of officers, directors and key employees
$42,593
Salaries, compensation and benefits (total)
$62,680
Professional fees and payments to contractors
$5,744
Occupancy
$10,851
Other expenses
$15,796
Program services (functional)
$79,797

Balance sheet and other

Total assets, start of year
$90,131
Total assets, end of year
$44,604
Total liabilities, end of year
–
Net assets, end of year
$44,604
Cash, savings and investments
$7,963
Gross receipts
$54,089

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARISSA BANCEWICZEXECUTIVE DI40$42,593
ZACH BACKUESDIRECTOR/PRE1$0
BRANDON MITCHELLDIRECTOR/VP1$0
SUE STANFIELDDIRECTOR1$0
DREW JACKSONTREASURER/DI1$0
STACY HUTCHENSSECRETARY/DI1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MARISSA BANCEWICZEXECUTIVE DI
Officer
40$56,790
ZACH BACKUESDIRECTOR/PRE
Trustee or director, Officer
1$0
KARA BYRDDIRECTOR
Trustee or director
1$0
BRANDON MITCHELLDIRECTOR/VP
Trustee or director, Officer
1$0
SUE STANFIELDSECRETARY/DI
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
4310 W UNIVERSITY BLVD, DURANT, OK 74701-4577
In care of
% MARISSA BANCEWICZ
Mailing address (990-N for 2020)
925 West Arkansas, Durant OK 74701
Principal officer (990-N for 2020)
Michelle Dawn Chester, 925 West Arkansas, Durant OK 74701
Signed the 990-EZ
DREW JACKSON, TREASURER/DIRECTOR
Phone
(580) 387-0091
Return prepared by
SOMMERVILLE & ASSOCIATES PC

Mission

THE ORGANIZATION EXISTS TO RECEIVE OUR NEIGHBORS EXPERIENCING HOMELESSNESS, HELP THEM REBUILD THEIR LIVES, AND RETURN THEM TO THE COMMUNITY AS INDEPENDENT AND CONTRIBUTING MEMBERS OF SOCIETY.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • I'M POSSIBLE EXISTS TO ASSIST THE DURANT, OK COMMUNITY MEMBERS EXPERIENCING HOMELESSNESS. THE ORGANIZATION SEEKS TO HELP THEM REBUILD THEIR LIVES AND RETURN THEM TO THE COMMUNITY AS INDEPENDENT AND CONTRIBUTING MEMBERS OF SOCIETY. THE ORGANIZATION PROVIDED DAY SERVICES AND A TRANSITIONAL RESIDENTIAL PROGRAM. DURING DAY SERVICES, ANYONE EXPERIENCING HOMELESSNESS IS WELCOME TO COME FOR SHOWERS, LAUNDRY, MEALS, AND WORK WITH OUR CASE WORKER. WE ARE HERE TO NOT ONLY MEET BASIC HUMAN NEEDS, BUT TO BUILD RELATIONSHIP, CREATE A MANAGABLE PLAN TO REBUILD THEIR LIVES, AND WORK WITH THEM TO ACHIEVE THOSE GOALS. WE ARE CLOSELY CONNECTED TO MANY ORGANIZATIONS IN OUR COMMUNITY SO WE CAN FURTHER CONNECT INDIVIDUALS TO OTHER SERVICES THEY MAY NEED.
    Expenses $79,797 · grants $2,327

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-5439413
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$44,604
Income (IRS master file)
$54,089

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$52,053$97,398$44,604XML
990December 2023$68,790$170,941$90,131XML
990December 2022$359,038$243,915$190,886IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Michelle Dawn Chester
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Michelle Chester
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Michelle Chester
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5439413).

Questions about IM-POSSIBLE INC

What is the EIN of IM-POSSIBLE INC?
The employer identification number (EIN) of IM-POSSIBLE INC is 47-5439413.
Is IM-POSSIBLE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to IM-POSSIBLE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IM-POSSIBLE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IM-POSSIBLE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IM-POSSIBLE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of IM-POSSIBLE INC?
The 990-N for 2020 names Michelle Dawn Chester.
Who are the officers and directors of IM-POSSIBLE INC?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $42,593 (MARISSA BANCEWICZ, EXECUTIVE DI).
How much revenue does IM-POSSIBLE INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $52,053, expenses of $97,398 and total assets of $44,604 at year end.

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