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The Possible Project Inc

The Possible Zone

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271544896 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is The Possible Project Inc?

The Possible Project Inc, also known as The Possible Zone (TPZ), is a nonprofit organization situated in Boston, Massachusetts. Their mission is to foster economic equity by cultivating the entrepreneurial spirit, skills, and networks necessary for high school students to launch successful careers. They offer a multi-year, project-based entrepreneurship program, which includes STEAM education, hands-on work experience, and personalized college and career advising. Students at TPZ develop a range of skills, from career readiness and social-emotional learning to enhancing their professional identity. The program allows students to launch their own businesses, intern with local corporations, and map their post-secondary goals. With a strong commitment to advancing equity, TPZ primarily serves under-resourced communities and students of color, offering scholarship stipends to offset program costs. Since its inception, TPZ has positively impacted over 1,000 students in Boston and Cambridge, helping them launch over 400 entrepreneurial ventures and increasing college matriculation rates.


Official website here: www.possiblezone.org

Is The Possible Project Inc legitimate?

The Possible Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Possible Project Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,990,324
Professional Fundraising Fees: $143,657
Other Salaries and Wages: $3,230,599

For more financial information, click here


Official website here: www.possiblezone.org

What is the mission statement of The Possible Project Inc?

The mission of The Possible Project Inc., as stated, is focused on promoting economic equity by fostering the entrepreneurial spirit, skills, and networks in young individuals, thereby enabling them to launch successful careers. This organization offers a year-round, multi-year entrepreneurship program to high school students, incorporating a dynamic project-based curriculum, STEAM education, hands-on work experience, and personalized college and career guidance. Through this program, the young entrepreneurs establish their own businesses, learn design and advanced manufacturing, intern with local corporations, and map their post-secondary goals and plans. This process not only develops their career readiness, social-emotional, and technical skills but also strengthens their professional identity, preparing them for any future path they choose.


Official website here: www.possiblezone.org

Who is the CEO of The Possible Project Inc?

Mark Levin is the President of The Possible Project Inc.


Official website here: www.possiblezone.org

What is the revenue of The Possible Project Inc?

The Possible Project Inc's revenue in 2022 was $6,882,430.


Official website here: www.possiblezone.org

Who are the executives of The Possible Project Inc and what are their salaries?

The average compensation at The Possible Project Inc during 2022 was $94,926. There are 55 employees and 93 volunteers at The Possible Project Inc.

Here are 22 key members and their salaries:

    Jody Cornish (Chief Strategy & Advancement Officer)
  • Compensation: $269,543
  • Related: $0
  • Other: $10,438

    • Jeremy Taylor (Chief Research & Evaluation Officer)
  • Compensation: $241,505
  • Related: $0
  • Other: $28,556

    • Lori Neuner (Chief Talent Officer)
  • Compensation: $238,619
  • Related: $0
  • Other: $28,927

    • Peter November (Chief Operating Officer)
  • Compensation: $230,523
  • Related: $0
  • Other: $28,547

    • Margaret Riordian (Chief Learning Officer)
  • Compensation: $229,850
  • Related: $0
  • Other: $20,956

    • Gus Halwani (Chief Steam And Innovation Officer)
  • Compensation: $208,135
  • Related: $0
  • Other: $28,291

    • Robert Finnegan Iii (Vp, Business Development)
  • Compensation: $191,887
  • Related: $0
  • Other: $24,897

    • Alisha Collins (Vp Development & Corp Giving)
  • Compensation: $194,776
  • Related: $0
  • Other: $3,929

    • Amy O'Doherty (Sr Director Development)
  • Compensation: $164,660
  • Related: $0
  • Other: $11,965

    • Yasenia Dudley (Vp Of Education)
  • Compensation: $158,306
  • Related: $0
  • Other: $12,250

    • Juan-Carlos Ferrufino (Sr. Director Of Comm Engagement)
  • Compensation: $144,731
  • Related: $0
  • Other: $9,923

    • David Selles (Sr. Dir. Steam, Design & Ed Tech)
  • Compensation: $140,172
  • Related: $0
  • Other: $11,363

    • Camille Clark (Sr. Director Of Operations)
  • Compensation: $135,986
  • Related: $0
  • Other: $10,230

    • Mark Levin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurence Reid (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Levin (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Harmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Mossaides (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Tepper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Penta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Singer (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.possiblezone.org

    Where can I find the form 990 for The Possible Project Inc?

    The The Possible Project Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.possiblezone.org

    Learn more at the official website: www.possiblezone.org

    Mission Statement of The Possible Project Inc

    The Possible Project, a nonprofit organization, is committed to advancing economic equity by fostering an entrepreneurial spirit, skills, and networks among high school students. Based on its mission, the organization offers a year-round, multi-year entrepreneurship program to students in Boston. This comprehensive program includes a project-based curriculum, STEM education, hands-on work experience, and individualized college and career advising.

    Through this program, young entrepreneurs at The Possible Project launch their own companies, learn advanced manufacturing techniques, and intern with local corporations and organizations. The program also helps students map their postsecondary goals and plans, enabling them to develop career readiness, social-emotional, and technical skills. As a result, these students strengthen their professional identity, preparing them to succeed in any future path they choose.

    Impact

    This information is meant to be a general summary of The Possible Project Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Possible Project Inc, through its entrepreneurship-focused youth development and career readiness program, has positively impacted over 1,000 high school students in Boston and Cambridge, MA. These students, predominantly from under-resourced communities and identifying as students of color, have launched over 400 entrepreneurial ventures and shown significant growth in social-emotional learning competencies. Additionally, students from the program have a college matriculation rate that is 26 percentage points higher than their peers who did not participate, demonstrating the organization's commitment to advancing economic equity and empowering young people for successful careers.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-20,147
  • Program Service Revenue: $0
  • Gross Receipts: $9,177,212

    • Assets and Liabilities:
  • Total Assets: $23,228,928
  • Total Liabilities: $20,990,553
  • Net Assets: $2,238,375
  • Organization Details

    Founding Year

    2009

    Principal Officer

    Mark Levin

    Main Address

    31 HEATH STREET, BOSTON, MA, 02130

    NTEE Category

    Code: B80 - Education

    If you are a representative of The Possible Project Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.