Posse started because of one student who said, "I never would have dropped out of college if I had my Posse with me." the Posse Foundation, founded in 1989, identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes. The Foundation extends to these students the opportunity to pursue personal and academic excellence by placing them in supportive, multicultural teams ("posses") of 10 students. The foundation's partner universities award Posse scholars four-year, full-tuition leadership scholarships.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 1,745 volunteers and 240 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $10.9M a year · 29% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.6M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Plus $133.6M in investments, Pt X · Ln 11–13
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $242K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$32.9M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
48
of 49 voting members
Looks good: 48 of 49 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$32.6M
-27% vs prior year
Spent
$32.0M
To programs
76%
Net assets
$156.4M
By yearFY2020–FY2024
Revenue
$32.6M
FY2024▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2020$44.7M
FY2021$33.7M
FY2022$30.6M
FY2023$44.8M
FY2024$32.6M
Expenses
$32.0M
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$21.1M
FY2021$23.3M
FY2022$26.0M
FY2023$29.5M
FY2024$32.0M
Net assets
$156.4M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$114.8M
FY2021$132.1M
FY2022$121.8M
FY2023$149.7M
FY2024$156.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $24.3M Management & general 14% · $4.5M Fundraising 10% · $3.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

62 people listed on the 990; $2.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$958,624Pt VII · Sec A
Chief Development Officer
$265,705Pt VII · Sec A
$264,050Pt VII · Sec A
Chief Operating Officer
$251,245Pt VII · Sec A
VP External Affairs
$197,953Pt VII · Sec A
Associate VP, Development
$171,438Pt VII · Sec A
VP, Training, Learning
$159,582Pt VII · Sec A
VP, Business Development
$156,668Pt VII · Sec A

Deborah Bial’s $959K as President is at the 99th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Deborah Bial$958,624$570,212$555,559$515,562$506,909
Matthew Fasciano——$182,925$312,226$298,066
Hedwig Roma$265,705$247,615$236,857——
Francis Occena$264,050$245,454$220,758$210,426$201,344
Jake Moreno Coplon$251,245——$139,987$126,295
Stacey Pierce$45,493$250,596$185,485$142,499$136,354
Hedy Roma———$229,449$212,152
Rassan Salandy$197,953$190,686$184,688$169,441$158,718

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Posse Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Identifies promising public high school students, placing them in supportive peer teams to secure full-tuition college scholarships and provide ongoing academic and career training.

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Provided by the organization

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1 program · $24.3M · in their own filed words · FY2024
01

The recruitment and training programs include the following sub-programs: recruitment, pre-collegiate training, campus and career and alumni. For the recruitment program, from september through december each year, posse conducts the dynamic assessment process (dap), a unique evaluation method designed to identify young leaders who might…

$24.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 6 funders →
Grants paid · 78 grants · $10.7M · 2020–2024
Texas A&m UniversityFY2024$300,000
Unitemized GrantFY2024$257,598
Unitemized GrantFY2024$248,000
Vanderbilt UniversityTN · FY2024$200,000
William & MaryFY2024$100,000
Lewis and Clark CollegeOR · FY2024$100,000
Cornell CollegeIA · FY2024$100,000
Villanova UniversityPA · FY2024$100,000
University of North Carolina School of the ArtsFY2024$100,000
St Olaf CollegeMN · FY2024$100,000
Rutgers the State UniversityNJ · FY2024$100,000
Trustees of Purdue UniversityIN · FY2024$100,000
Macalester CollegeMN · FY2024$100,000
See all 78 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$32.6M
Ln 12
Gifts and grantsLn 1h$19.6M
Investment incomeLn 3$9.3M
Fees for servicesLn 2g$3.9M
Money outPt IX
$32.0M
Ln 25
Programscol B$24.3M
Managementcol C$4.5M
Fundraisingcol D$3.2M
Owns and owesPt X
$156.4M
net assets · Ln 32
Cash and savingsLn 1–2$12.0M
Total assetsLn 16$189.2M
LiabilitiesLn 26$32.9M
PeoplePt VI, VII
62
listed · VII A
PaidVII A10
Voting boardVI 1a49
IndependentVI 1b48
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19.6M
Government grantsLn 1e$11K
Noncash giftsLn 1g$459K
Fundraising eventsLn 1c$6.8M
Fees for servicesLn 2g$3.9M
Investment incomeLn 3$9.3M
Gains on assetsLn 7$5.8M
Total revenueLn 12$32.6M
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$12.0M
Cash and savings togetherLn 1–2$12.0M
InvestmentsLn 11–13$133.6M
Land, buildings, equipmentLn 10c$81K
Other assetsLn 15$28.1M
Total assetsLn 16$189.2M
LiabilitiesLn 26$32.9M
Net assetsLn 32$156.4M
OperationsPt I, VI
EmployeesI 5240
VolunteersI 61,745
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$19.1M$12.0M
InvestmentsLn 11–13$114.7M$133.6M
Land, buildings, equipmentLn 10c$85K$81K
Total assetsLn 16$183.0M$189.2M
LiabilitiesLn 26$33.3M$32.9M
Net assetsLn 32$149.7M$156.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.3M$2.3M
Grants to domestic individualsLn 2$578K$578K
Pay of current officers, directors and key staffLn 5$1.9M$660K$583K$657K
Other salaries and wagesLn 7$12.8M$10.4M$1.3M$1.2M
Pension plan contributionsLn 8$235K$206K$15K$14K
Other employee benefitsLn 9$1.9M$1.5M$179K$174K
Payroll taxesLn 10$1.2M$979K$132K$124K
Investment management feesLn 11f$294K$294K
Other fees for servicesLn 11g$1.4M$505K$505K$377K
Office expensesLn 13$769K$445K$162K$162K
OccupancyLn 16$3.5M$2.6M$904K$47K
TravelLn 17$3.9M$3.4M$187K$235K
InterestLn 20$3K$3K$137
Depreciation, depletion and amortizationLn 22$101K$73K$28K
InsuranceLn 23$152K$141K$11K
Other expenses (24a–d)Ln 24$924K$526K$205K$193K
All other expensesLn 24e$29K$14K$15K$375
Total functional expensesLn 25$32.0M$24.3M$4.5M$3.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $32.6M$32.0M$621K$156.4M 990 PDF
FY2023 $44.8M$29.5M$15.3M$149.7M 990 PDF
FY2022 $30.6M$26.0M$4.6M$121.8M 990 PDF
FY2021 $33.7M$23.3M$10.5M$132.1M 990 PDF
FY2020 $44.7M$21.1M$23.6M$114.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $32,627,666 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $34,709,348$19,553,600
I-9 Program service revenuePrior year $4,400,100$3,912,657
I-10 Investment incomePrior year $5,954,632$9,348,063
I-11 Other revenuePrior year −$265,460−$186,654
I-12 Total revenuePrior year $44,798,620$32,627,666
I-13 Grants and similar amounts paidPrior year $2,360,559$2,877,608
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $16,804,944$18,079,192
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,355,841$11,049,752
I-18 Total expensesPrior year $29,521,344$32,006,552
I-19 Revenue less expensesPrior year $15,277,276$621,114
Part VI · Governance 48 of 49 board members independent, no flags
VI-1a Voting members of the governing body49
VI-1b Independent voting members48
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $32,627,666 across 10 lines filed
VIII-1c Fundraising events$6,794,040
VIII-1e Government grants$10,762
VIII-1f All other contributions, gifts and grants$12,748,798
VIII-1g Noncash contributions (included above)$459,093
VIII-1h Total contributions, gifts and grants$19,553,600
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,912,657$3,912,657
VIII-3 Investment incomeUnrelated business −$4,072 · Excluded from tax $3,559,989$3,555,917
VIII-7 Net gain or loss on sales of assetsUnrelated business $7,696 · Excluded from tax $5,784,450$5,792,146
VIII-8 Net income from fundraising eventsExcluded from tax −$186,654−$186,654
VIII-12 Total revenueRelated to mission $3,912,657 · Unrelated business $3,624 · Excluded from tax $9,157,785$32,627,666
Part IX · Statement of functional expenses $32,006,552 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $2,300,000$2,300,000
IX-2 Grants to domestic individualsPrograms $577,608$577,608
IX-5 Pay of current officers, directors and key staffPrograms $659,638 · Management $583,495 · Fundraising $657,367$1,900,500
IX-7 Other salaries and wagesPrograms $10,380,825 · Management $1,268,914 · Fundraising $1,196,682$12,846,421
IX-8 Pension plan contributionsPrograms $205,959 · Management $14,984 · Fundraising $13,945$234,888
IX-9 Other employee benefitsPrograms $1,509,417 · Management $179,200 · Fundraising $174,009$1,862,626
IX-10 Payroll taxesPrograms $978,798 · Management $131,630 · Fundraising $124,329$1,234,757
IX-11f Investment management feesManagement $293,915$293,915
IX-11g Other fees for servicesPrograms $505,450 · Management $504,838 · Fundraising $376,741$1,387,029
IX-13 Office expensesPrograms $445,102 · Management $161,895 · Fundraising $161,785$768,782
IX-16 OccupancyPrograms $2,578,942 · Management $904,432 · Fundraising $47,406$3,530,780
IX-17 TravelPrograms $3,437,289 · Management $187,491 · Fundraising $234,568$3,859,348
IX-20 InterestPrograms $3,012 · Management $137$3,149
IX-22 Depreciation, depletion and amortizationPrograms $73,075 · Management $28,209$101,284
IX-23 InsurancePrograms $141,379 · Management $10,926$152,305
IX-24 Other expenses (24a–d)Programs $526,270 · Management $205,420 · Fundraising $192,509$924,199
IX-24e All other expensesPrograms $13,503 · Management $15,083 · Fundraising $375$28,961
IX-25 Total functional expensesPrograms $24,336,267 · Management $4,490,569 · Fundraising $3,179,716$32,006,552
Part X · Balance sheet $189,237,580 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $13,585$12,473
X-2 Savings and temporary cash investmentsStart of year $19,060,594$12,001,547
X-3 Pledges and grants receivableStart of year $14,811,952$10,650,435
X-4 Accounts receivableStart of year $4,599,745$4,778,608
X-9 Prepaid expenses and deferred chargesStart of year $1,116,742$4,629
X-10c Land, buildings and equipment, netStart of year $84,505$81,385
X-11 Publicly traded securitiesStart of year $96,936,399$109,396,725
X-12 Other securitiesStart of year $17,772,770$24,237,312
X-15 Other assetsStart of year $28,605,444$28,074,466
X-16 Total assetsStart of year $183,001,736$189,237,580
X-17 Accounts payable and accrued expensesStart of year $1,158,082$1,025,164
X-19 Deferred revenueStart of year $2,076,669$2,053,335
X-25 Other liabilitiesStart of year $30,105,481$29,806,844
X-26 Total liabilitiesStart of year $33,340,232$32,885,343
X-27 Net assets without donor restrictionsStart of year $55,246,212$54,786,256
X-28 Net assets with donor restrictionsStart of year $94,415,292$101,565,981
X-32 Total net assets or fund balancesStart of year $149,661,504$156,352,237
X-33 Total liabilities and net assetsStart of year $183,001,736$189,237,580
Part XI · Reconciliation of net assets $156,352,237 net assets at year end
XI-1 Total revenue$32,627,666
XI-2 Total expenses$32,006,552
XI-3 Revenue less expenses$621,114
XI-4 Net assets at start of year$149,661,504
XI-5 Net unrealized gains (losses) on investments$6,069,619
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$156,352,237

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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