The Possible Project Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $24.8 million
- Spending
- $20.6 million
- Spent on programs
- 70%
- Reserves
- -7.5 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 108
- Volunteers
- 109
- Highest pay
- $371,014, chief business officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 47 out of 100. Higher than 25% of charities in its peer group (education, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 89% of what it owns.
Living within its means
15 of 15Income exceeded spending by 17% of income.
Income trend
15 of 15Income rose 115% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $12.8 million spent. 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 FOCUSED ON THEIR POSTSECONDARY 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.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 2,000 STUDENTS IN BOSTON AND CAMBRIDGE, MA. DURING THE ORGANIZATION'S FIRST-GENERATION PROGRAMMING, STUDENTS PARTICIPATING IN TPZ'S PROGRAM LAUNCHED MORE THAN 400 ENTREPRENEURIAL VENTURES. THROUGHOUT TPZ'S HISTORY, HIGH SCHOOL STUDENTS PARTICIPATING IN THE PROGRAM REPORTED STATISTICALLY SIGNIFICANT GROWTH ON THE VAST MAJORITY OF SOCIAL-EMOTIONAL LEARNING COMPETENCIES, ESSENTIAL FOR COLLEGE, CAREER, AND LIFE. SINCE LAUNCHING THE NEXT-GENERATION PROGRAMMING IN BOSTON, OUR STUDENTS, ON AVERAGE, PARTICIPATE IN AN ADDITIONAL 215 WEEKS OF LEARNING TIME BEYOND THEIR SCHOOL INSTRUCTION THROUGH TPZ PROGRAMMING. OVER THEIR FIRST THREE TERMS AT TPZ, THEY EXPERIENCED SIGNIFICANT INCREASES IN THEIR: JOB-SEEKING SKILLS, NETWORKING SKILLS, AND OVERALL SOCIAL NETWORK DIVERSITY. THESE ELEMENTS ARE ALL CRUCIAL FOR HELPING STUDENTS ENTER INTO WHATEVER CAREER PATHWAYS THEY CHOOSE. RECENT ANNUAL DATA SHOWS 73% OF STUDENTS DEVELOPED EMERGING OR PROFICIENT SKILLS IN ELECTRONIC CIRCUIT DESIGN, IMPORTANT TO PATHWAYS IN PRODUCT DEVELOPMENT AND ENGINEERING; 74% OF STUDENTS DEVELOPED EMERGING OR PROFICIENT SKILLS IN ADOBE ILLUSTRATOR, COMMONLY USED IN UI/UX AND INDUSTRIAL DESIGN; AND 75% OF STUDENTS DEVELOPED EMERGING OR PROFICIENT SKILLS IN 3D PRINTING, KEY FOR RAPID PROTOTYPING, DIGITAL FABRICATION, AND MECHANICAL ENGINEERING PROJECTS.
- $1.6 million spent. 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. TPZ LAUNCH PARTICIPANTS, KNOWN AS "FOUNDING ASSOCIATES," DEVELOP PRODUCT DEVELOPMENT AND PRODUCT MANAGEMENT SKILLS AS THEY POSITION THEMSELVES FOR THEIR FUTURE CAREERS AT TPZ OR ELSEWHERE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.