EIN 27-1544896

The Possible Zone (TPP)

IRS 501(c) type
501(c)(3)
Num. employees
55
City
Year formed
2009
Most recent tax filings
2022-12-01
Description
The Possible Project utilizes entrepreneurship to inspire young people who have untapped potential, empowering them with the skills required to achieve enduring personal and professional success.
Also known as...
The Possible Project; Possible Project; Upstart Inc
Total revenues
$6,882,430
2022
Total expenses
$11,376,082
2022
Total assets
$23,228,928
2022
Num. employees
55
2022

Program areas at TPP

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 that taps into their creativity, cultivates their skills as designers and entrepreneurs, builds strong relationships with supportive adults and peers, and broadens their sense of what is Possible in their careers. Our multi-faceted, tuition-free program uses: 1) authentic, steam-infused youth entrepreneurship; 2) hands-on steam deep dives 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, ignite their passions, and help them to thrive in life and career. While participating in tpz's program, each student conceives, launches and runs their own business venture, prior to engaging in authentic, real-world work experience, while also receiving personalized advising focused on their post-secondary and career options. Tpz operates its program out of its state-of-the-art innovation center, which opened in early 2022 in The jackson square community of boston.tpz's program and student supports aim to foster "entrepreneurial spirit" among students, characterized by: (1) a sense of belonging, agency, purpose, and possibility; (2) critical skills, mindsets, and assets that enable deeper learning, promote productive risk-taking, and ultimately foster success in any educational or career pathway; and (3) The strong relationships and networks (i.e., social capital) needed for long-term personal and professional success.the demographics of tpz students reflect its commitment to advancing equity, with The large majority (~84%) coming from under-resourced communities and The vast majority (~95%) identifying as students of color. Tpz focuses new student recruitment on public high schools in boston. Tpz also recruits students from The community surrounding its innovation center, via community recruitment events and partnerships with public housing developments and complementary youth-serving organizations in The area. Students within The tpz's programs receive scholarship stipends for enrolling and participating in The program; stipends are designed to offset The cost of their participating in The program. Many students use stipends they receive through The program for basic needs such as transportation, food, clothing, or assistance with household expenses.since its founding, tpz has served more than 1,000 students in boston and cambridge, ma. Individually or in teams, students participating in tpz's program have launched more than 400 entrepreneurial ventures. Students participating in tpz's program have reported statistically-significant growth on The vast majority of social-emotional learning competencies measured over The last five years. Students participating in tpz's program from The organization's longest-standing boston public schools partner-school have matriculated in college at a rate 26 percentage points higher than students from The same high school who did not participate in tpz's program.

Who funds The Possible Zone (TPP)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Samantha Becky Mark FoundationGeneral$2,900,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$398,250
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$225,000
...and 9 more grants received

Personnel at TPP

NameTitleCompensation
Pete NovemberChief Operating Officer
Thomas StartedChief Technology Officer
Dora BoudreauSenior Director of Facilities and Operations
Jake MurrayChief External Affairs Officer / Chief Strategy Officer / Director$223,366
Jody CornishChief Strategy and Advancement Officer$269,543
...and 55 more key personnel

Financials for TPP

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,897,749
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-20,147
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,828
Total revenues$6,882,430

Form 990s for TPP

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-25990View PDF
2021-122022-05-16990View PDF
2020-122021-06-30990View PDF
2019-122021-04-05990View PDF
2018-122019-06-19990View PDF
...and 11 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from The Boston Foundation (TBF)
June 15, 2024
Updated personnel
Identified 21 new personnel
December 30, 2023
Received grants
Identified 3 new grant, including a grant for $2,900,000 from Samantha Becky Mark Foundation
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Amelia Peabody Foundation
November 12, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsYouth service charitiesCharities
Issues
EducationChildren
Characteristics
Receives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
31 Heath St
Boston, MA 02130
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
possiblezone.org/ 
Phone
(617) 492-9200
IRS details
EIN
27-1544896
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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