The Possible Project
Also known as The Possible Zone
The Possible Project reported $24.8 million in revenue and $20.6 million in expenses for calendar year 2024. Of every $100 it spent, $70.01 went to program services, $20.18 to management and general costs and $9.81 to fundraising. Its largest source of revenue was contributions and grants: 99.7% of the total. The highest compensation it reported for one person was $371,014 (CHIEF BUSINESS OFFICER). 45 people received more than $100,000 in reportable compensation. Revenue rose 273% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $25MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 70.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $371,014 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.80% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 45 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseWhile participating in tpz's program, high school students develop key competencies such as growth mindset, self efficacy, problem solving, teamwork, communication, continuous learning, and steam agency as they engage in innovative, project-based learning, explore authentic, real-world work experience, and receive personalized advising focused on their postsecondary and career options. Tpz operates its program out of its state-of-the-art innovation center, which opened in early 2022 in the jackson square community of boston. Tpz's program and student supports aim to foster "entrepreneurial…
Tpz ventures: through tpz ventures, tpz also delivers the tpz launch program, through which qualified young adults from tpz's target communities, including tpz alumni, are hired as the founding teams of pre-ideation ventures that we build together from the ground up in a curated "sprint" to launch physical consumer products. Tpz launch participants, known as "founding associates," develop product development and product management skills as they position themselves for their future careers at tpz or elsewhere
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF BUSINESS OFFICER Key employee, 40.00 hrs/week | $346,188 | $0 | $24,826 | $371,014 |
| CHIEF TALENT OFFICER Key employee, 40.00 hrs/week | $292,465 | $0 | $34,019 | $326,484 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $291,651 | $0 | $33,935 | $325,586 |
| CHIEF RESEARCH & EVAL Key employee, 40.00 hrs/week | $287,458 | $0 | $33,940 | $321,398 |
| CHIEF LEARNING OFFICER Key employee, 40.00 hrs/week | $295,010 | $0 | $22,781 | $317,791 |
| CHIEF STEAM AND INNOVATION Key employee, 40.00 hrs/week | $271,477 | $0 | $33,441 | $304,918 |
| VP OF PARTNERSHIPS Key employee, 40.00 hrs/week | $262,503 | $0 | $18,614 | $281,117 |
| VP OF CORPORATE GIVING Key employee, 40.00 hrs/week | $230,903 | $0 | $31,725 | $262,628 |
45 people received more than $100,000 in reportable compensation from The Possible Project (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5108
- Volunteers Part I, line 6109
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to The Possible Project totaling $125K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Possible Project's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Possible Project, you can publish a response that is linked from this page.
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Of every $100 The Possible Project spent in 2024, $70.01 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St Coletta Special Education Charter SchoolWashington, DC · revenue $25M · programs 87.8% · FY2025
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All education charities · Largest charities in Massachusetts
Questions people ask
How much of The Possible Project's spending goes to programs?
In calendar year 2024, The Possible Project reported that 70.0% of its $20.6 million in expenses went to program services, 20.2% to management and general and 9.8% to fundraising (Form 990, Part IX).
How much does The Possible Project pay its top executive?
The largest total compensation The Possible Project reported for one person in calendar year 2024 was $371,014, for the role of CHIEF BUSINESS OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Possible Project get its money?
Of $24.8 million in revenue in calendar year 2024, 99.7% came from contributions and grants (including 0.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Possible Project a registered charity?
The IRS lists EIN 27-1544896 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503089349300540 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433199349316468 · read the filing
- 2022: Form 990 for calendar year 2022, object 202332379349300213 · read the filing
- 2021: Form 990 for calendar year 2021, object 202221369349307262 · read the filing
- 2020: Form 990 for calendar year 2020, object 202111819349300131 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003499349301200 · read the filing
All filings for EIN 27-1544896: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.