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Nonprofiteer
← THE POSSE FOUNDATION INC

Form 990 for tax year 2023

Filed by THE POSSE FOUNDATION INC.

Totals

Total revenue
$44,798,620
Total expenses
$29,521,344
Contributions and grants received
$34,709,348
Grants paid
$2,360,559
Program services expenses (Part IX)
$22,723,905
Management and general expenses
$3,933,204
Fundraising expenses
$2,864,235
Program service expenses (Part III)
$22,723,905

Program services were 77.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • AJ MURPHY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ADAM TOWNSEND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ALAN BERRO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ALASTAIR BORTHWICK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • ALBERTO M CARVALHO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ANDREW MULDERRY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • ANNE CHWAT

    TRUSTEE (OUTGOING)

    Total calculated
    $0
    Hours/week
    2
  • ANNIE SEIBOLD DRAPEAU

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • ARTA TABAEE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • BARBARA JANULIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • BARTON J WINOKUR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • BRAD SINGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • BRIANA ZELAYA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • CHARLES PHILLIPS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DANIEL ACHEAMPONG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DANIEL WEISS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DAVID HARRISON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • DEBORAH BIAL

    PRESIDENT

    Total calculated
    $604,717
    From this org
    $570,212
    From related orgs
    $0
    Other
    $34,505
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $445,212
    Bonus
    $125,000
    Other
    $0
    Deferred
    $10,000
    Nontaxable benefits
    $24,505
    Filer's total
    $604,717
  • DONELLA P BROCKINGTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • ELIZABETH P MYERS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • FORREST WYLIE

    TRUSTEE (OUTGOING)

    Total calculated
    $0
    Hours/week
    4
  • GLENN GREENBERG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • HENRY ELLENBOGEN

    CHAIR

    Total calculated
    $0
    Hours/week
    6
  • JAMES WILCOX

    TRUSTEE (OUTGOING)

    Total calculated
    $0
    Hours/week
    4
  • JASON JACOBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • JEFFREY RAICH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JENNIFER KOPYLOV

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JENNIFER RICKARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JONATHAN MEYER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • JOSHUA PAULSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • JUAN RAJLIN

    TREASURER

    Total calculated
    $0
    Hours/week
    4
  • JULIE PARSONS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • KIM-THU POSNETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KOBY ALTMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • KURT SIMON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • LEAH STEARNS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MARVIN FIGUEROA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL KLUGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • MICHAEL PASSILLA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • MITCH TRUWIT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • NANA SARPONG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • PETER E BLACKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • PHILIP M PEAD

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • PHILLIP PERELMUTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • RICK RIZZO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • STEVEN GALLUCCI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • STEVEN M LEFKOWITZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • SUSAN GOLDSMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • SUSIE SCHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • WILLIAM A PLAPINGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    4
  • WILLIAM M LEWIS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • FRANCIS OCCENA

    CFO/CAO

    Total calculated
    $271,214
    From this org
    $245,454
    From related orgs
    $0
    Other
    $25,760
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,454
    Bonus
    $18,000
    Other
    $0
    Deferred
    $10,000
    Nontaxable benefits
    $15,760
    Filer's total
    $271,214
  • STACEY PIERCE

    CHIEF OPERATING OFFICER

    Total calculated
    $272,155
    From this org
    $250,596
    From related orgs
    $0
    Other
    $21,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,596
    Bonus
    $35,000
    Other
    $0
    Deferred
    $9,891
    Nontaxable benefits
    $11,668
    Filer's total
    $272,155
  • HEDWIG ROMA

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $270,472
    From this org
    $247,615
    From related orgs
    $0
    Other
    $22,857
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,615
    Bonus
    $18,000
    Other
    $0
    Deferred
    $10,000
    Nontaxable benefits
    $12,857
    Filer's total
    $270,472
  • ANDREW GALLAGHER

    ASSOCIATE VP, DEVELOPMENT

    Total calculated
    $170,438
    From this org
    $162,750
    From related orgs
    $0
    Other
    $7,688
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,750
    Bonus
    $9,000
    Other
    $0
    Deferred
    $7,688
    Nontaxable benefits
    $0
    Filer's total
    $170,438
  • AUGUSTA IRELE

    VP, TRAINING, LEARNING & CURRICULUM

    Total calculated
    $167,502
    From this org
    $147,063
    From related orgs
    $0
    Other
    $20,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,563
    Bonus
    $7,500
    Other
    $0
    Deferred
    $7,125
    Nontaxable benefits
    $13,314
    Filer's total
    $167,502
  • JAMES DABNEY

    REGIONAL VICE PRESIDENT (OUTGOING)

    Total calculated
    $145,439
    From this org
    $128,295
    From related orgs
    $0
    Other
    $17,144
    Hours/week
    40
  • NADINE DALRYMPLE

    REGIONAL VICE PRESIDENT

    Total calculated
    $159,955
    From this org
    $144,571
    From related orgs
    $0
    Other
    $15,384
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,821
    Bonus
    $6,750
    Other
    $0
    Deferred
    $4,924
    Nontaxable benefits
    $10,460
    Filer's total
    $159,955
  • RASSAN SALANDY

    VP EXTERNAL AFFAIRS

    Total calculated
    $229,345
    From this org
    $190,686
    From related orgs
    $0
    Other
    $38,659
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,686
    Bonus
    $9,000
    Other
    $0
    Deferred
    $9,084
    Nontaxable benefits
    $29,575
    Filer's total
    $229,345

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE POSSE FOUNDATION HAS AN ORGANIZATION-WIDE BONUS SYSTEM. THE SYSTEM REFLECTS POSSE'S MISSION AND CULTURE BY BEING INCLUSIVE OF ALL EMPLOYEES AND IS INTENDED TO RECOGNIZE POSSE'S STAFF FOR THEIR GOOD WORK AND CONTRIBUTION TO POSSE'S OVERALL SUCCESS. BONUSES ARE AWARDED AND DETERMINED BY THE SUCCESS OF THE EMPLOYEES AND ALSO THE SUCCESS OF THE ORGANIZATION AS A WHOLE - THEY ARE NOT GUARANTEED. EMPLOYEES ARE NOMINATED FOR BONUSES BY THEIR SUPERVISORS AT THE END OF EACH YEAR. STAFF BONUSES ARE AWARDED AT YEAR'S END OR IN JANUARY OF THE FOLLOWING FISCAL YEAR. INDIVIDUAL BONUSES ARE BASED ON THREE OVERARCHING CRITERIA: 1. THE SUPERVISOR'S ASSESSMENT OF ACHIEVEMENT OF OVERALL BENCHMARKS AND GOALS (WHICH ARE DETERMINED BY THE POSITION AND MAY BE ADDED TO BY THE SUPERVISOR. THESE ARE COMMUNICATED BY THE SUPERVISOR TO THE EMPLOYEE EACH YEAR.); 2. QUALITATIVE ASSESSMENT BY THE SUPERVISOR OF PERFORMANCE INDICATORS; 3. OVERALL PROGRAM SUCCESS AND ORGANIZATIONAL PERFORMANCE. THE GENERAL GUIDELINE IS THAT STAFF MEMBERS WHO HAVE WORKED AT POSSE FOR 12 MONTHS OR MORE ARE ELIGIBLE FOR A BONUS ACCORDING TO THEIR LEVEL OF RESPONSIBILITY (A MAXIMUM IS DETERMINED EACH YEAR FOR EACH EMPLOYEE CATEGORY). A SUPERVISOR MAY RECOMMEND AN EMPLOYEE RECEIVE A BONUS AMOUNT OF THE MAXIMUM, A BONUS AMOUNT BELOW THE MAXIMUM, OR NO BONUS AT ALL. THE PRESIDENT'S OFFICE APPROVES ALL STAFF BONUSES. THE COMPENSATION COMMITTEE OF THE BOARD APPROVES THE BONUS FOR THE PRESIDENT AND FOUNDER. THE APPROVAL IS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETING.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

  • GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349323748

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.