THE POSSIBLE PROJECT INC

EIN: 271544896 501(c)(3) Education

BOSTON, MA

Total Revenue
$24,843,143
Total Expenses
$20,581,116
Total Assets
$20,507,942
Net Assets
$2,178,470
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Principal Officer
MARK LEVIN
Phone
6174929200
Tax Period
2024-01-01 to 2024-12-31

THE POSSIBLE PROJECT INC, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $24.8M in total revenue in fiscal year 2024. Revenue surged 115% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 17% operating margin.

Mission

TPZ'S PROGRAM IS A STEAM-INFUSED AND ENTREPRENEURSHIP-FOCUSED YOUTH DEVELOPMENT AND CAREER-READINESS PROGRAM FOR HIGH SCHOOL STUDENTS FROM HISTORICALLY UNDER-RESOURCED COMMUNITIES. THIS TUITION-FREE PROGRAM REPRESENTS AN INVESTMENT IN EACH STUDENT FOR 3+ YEARS, TAKING STUDENTS ON A JOURNEY WHERE THEY TAP INTO THEIR CREATIVITY, CULTIVATE KEY DURABLE AND 21ST CENTURY SKILLS, BUILD STRONG RELATIONSHIPS WITH SUPPORTIVE ADULTS AND PEERS, AND BROADEN THEIR SENSE OF WHAT IS POSSIBLE IN THEIR FUTURES. OUR MULTI-FACETED, TUITION-FREE PROGRAM USES: 1) COMPETENCY-BASED CURRICULUM, WITH A FOCUS ON DEVELOPING SKILLS THAT ARE CRITICAL FOR CAREER SUCCESS, PARTICULARLY IN GROWING, FUTURE-FOCUSED INDUSTRIES; 2) HANDS-ON STEAM EXPLORATION AND REAL-WORLD, WORK-BASED LEARNING OPPORTUNITIES WITH LOCAL COMPANIES AND IN TPZ'S IN-HOUSE ENTERPRISES; AND 3) PERSONALIZED COLLEGE AND CAREER ADVISING TO INSPIRE STUDENTS' IMAGINATIONS, AND KEY NETWORK BUILDING TO LAUNCH SUCCESSFUL POST-SECONDARY PATHWAYS.

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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 $24,779,141
Program Service Revenue $0
Investment Income $8,962
Other Revenue $55,040
TOTAL REVENUE $24,843,143

Expense Breakdown

Grants Paid $331,314
Salaries & Benefits $12,549,691
Fundraising Expenses $2,018,514
Program Expenses $14,409,806
Other Expenses $7,652,291
TOTAL EXPENSES $20,581,116

Year-over-Year Comparison

2024 2023 Change
Revenue $24,843,143 $11,536,577 +1.2%
Expenses $20,581,116 $15,858,509 +0.3%
Net Income $4,262,027 $-4,321,932 -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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Governance

Voting Members
14
Independent Members
14
Employees
108
Volunteers
109

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
5
$325,586
Total Directors
14
$0
Key Employees
13
$3,525,693
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK LEVIN CHAIR 40.00
Officer Director
$0 $0 $0
STEVEN SINGER CLERK 2.00
Officer Director
$0 $0 $0
PETER PRODROMOU DIRECTOR 2.00
Director
$0 $0 $0
KYLE HARTUNG DIRECTOR 2.00
Director
$0 $0 $0
KEVIN MCCASKILL DIRECTOR 2.00
Director
$0 $0 $0
JD LAROCK DIRECTOR 2.00
Director
$0 $0 $0
SUSAN PENTA DIRECTOR 2.00
Director
$0 $0 $0
BRIAN AQUART DIRECTOR 2.00
Director
$0 $0 $0
BOB TEPPER DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA HARMON DIRECTOR 2.00
Director
$0 $0 $0
MARIA Z MOSSAIDES DIRECTOR 2.00
Director
$0 $0 $0
MICHELLE SANCHEZ DIRECTOR 2.00
Director
$0 $0 $0
BECKY LEVIN EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
LAURENCE REID TREASURER 2.00
Officer Director
$0 $0 $0
PETER NOVEMBER CHIEF OPERATING OFFICER 40.00
Officer
$291,651 $33,935 $325,586
SARAH PETROW CHIEF BUSINESS OFFICER 40.00
Key Emp
$346,188 $24,826 $371,014
MARGARET RIORDIAN CHIEF LEARNING OFFICER 40.00
Key Emp
$295,010 $22,781 $317,791
JEREMY TAYLOR CHIEF RESEARCH & EVAL 40.00
Key Emp
$287,458 $33,940 $321,398
GUS HALWANI CHIEF STEAM AND INNOVATION 40.00
Key Emp
$271,477 $33,441 $304,918
LORI NEUNER CHIEF TALENT OFFICER 40.00
Key Emp
$292,465 $34,019 $326,484
DONNA TAMBASCIO VP OF COMMUNICATIONS 40.00
Key Emp
$222,096 $15,077 $237,173
ZACH DOLLAR VP OF CORPORATE GIVING 40.00
Key Emp
$230,903 $31,725 $262,628
YASENIA DUDLEY VP OF EDUCATION 40.00
Key Emp
$213,284 $14,835 $228,119
ELIANA GIBBLE VP OF FINANCE & FINANCIAL 40.00
Key Emp
$215,875 $22,034 $237,909
CAMILLE CLARK VP OF OPERATIONS 40.00
Key Emp
$208,348 $14,840 $223,188
RAVEN TUKES VP OF PARTNERSHIPS 40.00
Key Emp
$262,503 $18,614 $281,117
ALEX MAURISTHENE VP OF PEOPLE & CULTURE 40.00
Key Emp
$211,327 $31,722 $243,049
JANET HOLLINGSWORTH VP OF STEAM & INNOVATION 40.00
Key Emp
$159,024 $11,881 $170,905
JOANNA SANBORN S. DIR. POST-SECONDARY 40.00
Highest
$142,330 $29,618 $171,948
STEPHANIE SUTCLIFFE SR DIRECTOR, STRATEGIC INI 40.00
Highest
$193,954 $31,174 $225,128
HILLARD POUNCY SR. DIRECTOR OF RESEARCH 40.00
Highest
$164,069 $17,420 $181,489
ALI SHERWOOD VP OF ANNUAL GIVING 40.00
Highest
$199,705 $6,872 $206,577
ERTA HYSENBEGASI VP, MAJOR GIFTS OFFICER 40.00
Highest
$223,782 $15,722 $239,504
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 $24,843,143 $20,581,116 $20,507,942 $4,262,027
2023 $11,536,577 $15,858,509 $18,833,543 $-4,321,932
2022 $6,882,430 $11,376,082 $23,228,928 $-4,493,652
2021 $12,891,174 $7,544,166 $20,628,656 $5,347,008
2020 $7,660,656 $7,117,277 $2,532,192 $543,379
2019 $6,660,029 $6,441,377 $1,908,672 $218,652
2018 $4,372,406 $4,652,936 $1,417,142 $-280,530
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