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Nonprofit · EIN 84-2477580

POSSIBILITIES OF THE CONCHO VALLEY

Tax-exempt · SAN ANGELO, TX 76902

Financials

$72K$80K2023$63K$84K2024
Revenue Expenses · by fiscal year end
Financials of POSSIBILITIES OF THE CONCHO VALLEY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$62,987$84,290-$21,303$144,018$1,815$142,203
December 31, 2023990-EZ$72,059$79,799-$7,740$166,611$3,105$163,506
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$22,838
Investment income
$387
Net income from fundraising events
$39,762

Expenses

Compensation of officers, directors and key employees
$32,604
Salaries, compensation and benefits (total)
$34,672
Professional fees and payments to contractors
$83
Occupancy
$31,586
Printing, publications and postage
$319
Other expenses
$17,630
Program services (functional)
$77,178

Balance sheet and other

Total assets, start of year
$166,611
Total assets, end of year
$144,018
Total liabilities, end of year
$1,815
Net assets, end of year
$142,203
Cash, savings and investments
$143,698
Gross receipts
$64,307

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
Lettitia McPhersonExec Director40$32,604
Shanna PaynePresident2$0
Kriste ChiacchiaDirector1$0
Amanda HarringtonSec/Treasurer2$0
JJ SedinoDirector1$0
Shannon WehnerVice President2$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Lettitia McPhersonExec Director40$35,568
Shanna PaynePresident1$0
Kriste ChiacchiaDirector0$0
Jennifer RackleyVice President1$0
Cindy LubkeSecretary0$0
Michelle PapeTreasurer0$0
Amanda HarringtonDirector0$0
Jehu HernandezDirector0$0
JJ SedinoDirector0$0
Shannon WehnerDirector0$0

Address and contacts

Address (IRS master file)
PO BOX 1922, SAN ANGELO, TX 76902-1922
In care of
% LETTITIA MCPHERSON
Signed the 990-EZ
Shanna Payne, President
Phone
(325) 657-0308
Return prepared by
JONES HAY MARSCHALL & MCKINNEYPC

Mission

Possibilities of the Concho Valley aim to provide children and adults with disabilities and their families with access to resources, encourage social connections, and build community cohesion so they have rich, meaningful opportunities to live, work and play in our community.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Possibilities of the Concho Valley aim to provide children and adults with disabilities and their families with access to resources, encourage social connections, and build community cohesion so they have rich, meaningful opportunities to live, work and play in our community.
    Expenses $77,178

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-EZ on file

IRS record

EIN
84-2477580
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P80)
Assets (IRS master file)
$144,018
Income (IRS master file)
$64,307

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$62,987$84,290$144,018XML
990-EZDecember 2023$72,059$79,799$166,611XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS

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 84-2477580).

Questions about POSSIBILITIES OF THE CONCHO VALLEY

What is the EIN of POSSIBILITIES OF THE CONCHO VALLEY?
The employer identification number (EIN) of POSSIBILITIES OF THE CONCHO VALLEY is 84-2477580.
Is POSSIBILITIES OF THE CONCHO VALLEY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to POSSIBILITIES OF THE CONCHO VALLEY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does POSSIBILITIES OF THE CONCHO VALLEY 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 POSSIBILITIES OF THE CONCHO VALLEY 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 POSSIBILITIES OF THE CONCHO VALLEY last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of POSSIBILITIES OF THE CONCHO VALLEY?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $32,604 (Lettitia McPherson, Exec Director).
How much revenue does POSSIBILITIES OF THE CONCHO VALLEY have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $62,987, expenses of $84,290 and total assets of $144,018 at year end.

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