THE POSSIBILITY PROJECT INC

EIN: 134134366 501(c)(3) Crime & Legal

NEW YORK, NY

Total Revenue
$637,918
Total Expenses
$734,625
Total Assets
$419,750
Net Assets
$410,038
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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
NY
Principal Officer
PAUL GRIFFIN
Phone
2129242300
Tax Period
2024-08-01 to 2025-07-31

THE POSSIBILITY PROJECT INC, founded in 2000, is a small nonprofit in the Crime & Legal sector that reported $638K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $735K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE POSSIBILITY PROJECT, INC. OPERATES YEAR LONG PROGRAMS THAT BRING TOGETHER VASTLY DIVERSE GROUPS OF YOUTH FROM VARIOUS BACKROUNDS AND EXPERIENCES. THESE YOUTH UNDERGO AN INTENSE YEAR LONG CREATIVE PROCESS THROUGH WHICH THEY WRITE AN ORIGINAL MUSICAL WHOSE STORIES COME FROM THEIR LIVES AND THEIR IDEAS FOR A BETTER WORLD. ALSO CREATED ARE COMMUNITY CHANGE PROJECTS WHERE THE YOUTH'S IDEAS ARE TAKEN AND ACTED ON WITHIN THEIR CITY. THE POSSIBILITY PROJECT, INC. ENVISIONS A SOCIETY WHERE TEENAGERS ARE VALUED, RESPECTED AND PLAY A LEADING ROLE IN CREATING VIBRANT COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $556,328

PROGRAMS IN NEW YORK CITY TO PROMOTE NON-VIOLENT CONFLICT RESOLUTION AMONG YOUNG PEOPLE. THE POSSIBILITY PROJECT, INC. PROGRAM IS A COMBINATION OF ACTIVITIES THAT EXAMINE THE INTERRELATIONSHIPS OF...

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PROGRAMS IN NEW YORK CITY TO PROMOTE NON-VIOLENT CONFLICT RESOLUTION AMONG YOUNG PEOPLE. THE POSSIBILITY PROJECT, INC. PROGRAM IS A COMBINATION OF ACTIVITIES THAT EXAMINE THE INTERRELATIONSHIPS OF THE PROBLEMS AND CONFLICTS THAT YOUTH CARE ABOUT AND OFTEN SUFFER FROM. IT ALSO DEVELOPS THE CAPACITY FOR ADDRESSING THESE ISSUES. HIGHLY INTERACTIVE AND INTENSELY CREATIVE, THE POSSIBILITY PROJECT REHERSALS UTILIZE THE PERFORMING ARTS TO UNLOCK PARTICIPANTS' CREATIVITY AROUND IMPORTANT PERSONAL AND SOCIAL ISSUES AND LEARN THE SKILLS NECESSARY FOR PERFORMANCE, EFFECTING CHANGE BOTH ON STAGE AND OFF FOR THEM AND THEIR COMMUNITIES. THE POSSIBILITY PROJECT HOPES TO SERVE 160 YOUTH IN ITS PROGRAM IN THE COMING YEAR.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $610,208
Program Service Revenue $14,582
Investment Income $364
Other Revenue $12,764
TOTAL REVENUE $637,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,888
Fundraising Expenses $45,252
Program Expenses $556,328
Other Expenses $371,737
TOTAL EXPENSES $734,625

Year-over-Year Comparison

2024 2023 Change
Revenue $637,918 $716,696 -0.1%
Expenses $734,625 $616,781 +0.2%
Net Income $-96,707 $99,915 -2.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
6
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
4
$110,800
Total Directors
11
$110,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL GRIFFIN PRESIDENT 50.00
Officer Director
$110,800 $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
2025 $637,918 $734,625 $419,750 $-96,707
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
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