THE POSSIBILITY PROJECT INC (EIN 134134366) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

PAUL GRIFFIN

Phone

2129242300

Tax Period

2023-08-01 to 2024-07-31

THE POSSIBILITY PROJECT INC, founded in 2000, is a small nonprofit in the Crime & Legal sector that reported $717K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $617K left a modest 14% surplus.

Mission

THE POSSIBILITY PROJECT, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES, TO PROMOTE COMMUNICATION AND UNDERSTANDING BETWEEN PEOPLE OF DIVERSE BACKGROUNDS; TO EDUCATE YOUNG PEOPLE IN TECHNIQUES AND VALUES OF COMMUNICATIONS, CO-OPERATION, LEADERSHIP, MUTUAL SUPPORT AND TRUST AND CONFLICT RESOLUTION; THROUGH A VARIETY OF MEANS INCLUDING THE PERFORMING ARTS, THE POSSIBILITY PROJECT, INC. EMPOWERS TEENAGERS TO CREATE SAFE, PEACEFUL AND PRODUCTIVE LIVES AND COMMUNITIES. ADDITIONAL MISSION DETAILS APPEAR IN SCHEDULE O - SEE BELOW.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $693,980

Program Service Revenue $16,158

Investment Income $664

Other Revenue $5,894

TOTAL REVENUE $716,696

Expense Breakdown

Grants Paid $0

Salaries & Benefits $327,942

Fundraising Expenses $38,363

Program Expenses $467,458

Other Expenses $288,839

TOTAL EXPENSES $616,781

Year-over-Year Comparison

	2023	2022	Change
Revenue	$716,696	$651,791	+0.1%
Expenses	$616,781	$598,236	+0.0%
Net Income	$99,915	$53,555	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$110,800

Total Directors

$110,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL GRIFFIN	PRESIDENT	50.00	Officer Director	$0	$0	$110,800
PACO GARCIA	TREASURER	5.00	Officer Director	$0	$0	$0
AMY SWOTINSKY	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JASON ALMEIDA	DIRECTOR	5.00	Officer Director	$0	$0	$0
DANIEL WORRELL	DIRECTOR	5.00	Director	$0	$0	$0
ELIZABETH STROBEL	DIRECTOR	5.00	Director	$0	$0	$0
ROBIN GROSSMAN	DIRECTOR	5.00	Director	$0	$0	$0
LISA FAVARO	DIRECTOR	5.00	Director	$0	$0	$0
RASHIDAH BOWEN WHITE	DIRECTOR	5.00	Director	$0	$0	$0
HEATHER DOMINIAK	DIRECTOR	5.00	Director	$0	$0	$0
DAVID PELTZ	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$716,696	$616,781	$506,745	$99,915
2023	$651,791	$598,236	$418,205	$53,555
2022	$608,450	$548,750	$354,374	$59,700
2021	$566,312	$536,924	$294,688	$29,388
2020	$721,529	$610,990	$265,465	$110,539
2019	$631,932	$742,668	$154,778	$-110,736
2018	$821,908	$759,992	$265,559	$61,916

THE POSSIBILITY PROJECT INC