Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2010.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
70 cents of each dollar spent went to programs.
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
33 people listed on the 990; $4.4M paid to officers and key staff.
Sarah Petrow’s $346K as Chief Business Officer is at the 72nd 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Sarah Petrow | $346,188 | $210,741 | — | — | — |
| Margaret Riordian | $295,010 | $273,131 | $229,850 | $225,181 | $202,413 |
| Lori Neuner | $292,465 | $268,468 | $238,619 | $238,140 | $141,251 |
| Peter November | $291,651 | $270,612 | $230,523 | $225,628 | $217,560 |
| Jeremy Taylor | $287,458 | $277,978 | $241,505 | $236,338 | $222,262 |
| Gus Halwani | $271,477 | $255,854 | $208,135 | $152,948 | — |
| Jody Cornish | — | — | $269,543 | — | — |
| Raven Tukes | $262,503 | $165,023 | — | — | — |
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.
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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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers young people with entrepreneurial skills and networks for successful careers.
Questions for The Possible Project INC
Your first name shows with your question. The Possible Project INC answers here, for everyone.
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While 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…
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.0M | $2.5M |
| Land, buildings, equipmentLn 10c | $14.5M | $13.7M |
| Total assetsLn 16 | $18.8M | $20.5M |
| LiabilitiesLn 26 | $20.9M | $18.3M |
| Net assetsLn 32 | −$2.1M | $2.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $331K | $331K | ||
| Pay of current officers, directors and key staffLn 5 | $4.2M | $2.9M | $959K | $350K |
| Other salaries and wagesLn 7 | $7.0M | $4.9M | $968K | $1.1M |
| Pension plan contributionsLn 8 | $158K | $109K | $23K | $27K |
| Other employee benefitsLn 9 | $504K | $410K | $58K | $36K |
| Payroll taxesLn 10 | $766K | $546K | $122K | $98K |
| Legal feesLn 11b | $11K | $636 | $11K | |
| Accounting feesLn 11c | $235K | $104K | $126K | $5K |
| Professional fundraising feesLn 11e | $48K | $48K | ||
| Other fees for servicesLn 11g | $1.7M | $1.2M | $408K | $103K |
| Advertising and promotionLn 12 | $490K | $439K | $51K | |
| Office expensesLn 13 | $363K | $153K | $155K | $54K |
| OccupancyLn 16 | $868K | $591K | $253K | $24K |
| TravelLn 17 | $69K | $54K | $13K | $1K |
| InterestLn 20 | $826K | $635K | $118K | $73K |
| Depreciation, depletion and amortizationLn 22 | $2.2M | $1.5M | $642K | $64K |
| InsuranceLn 23 | $122K | $93K | $18K | $11K |
| Other expenses (24a–d)Ln 24 | $721K | $470K | $228K | $23K |
| Total functional expensesLn 25 | $20.6M | $14.4M | $4.2M | $2.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $24.8M | $20.6M | $4.3M | $2.2M | 990 PDF |
| FY2023 | $11.5M | $15.9M | −$4.3M | −$2.1M | 990 PDF |
| FY2022 | $6.9M | $11.4M | −$4.5M | $2.2M | 990 PDF |
| FY2021 | $12.9M | $7.5M | $5.3M | $6.7M | 990 PDF |
| FY2020 | $7.7M | $7.1M | $543K | $1.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $24,843,143 revenue, 12 lines filed
Part VI · Governance 14 of 14 board members independent, 1 to look at
Part VIII · Statement of revenue $24,843,143 across 8 lines filed
Part IX · Statement of functional expenses $20,581,116 across 18 lines filed
Part X · Balance sheet $20,507,942 assets, 17 lines filed
Part XI · Reconciliation of net assets $2,178,470 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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