THE POSSE FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE POSSE FOUNDATION INC (EIN 13-3840394)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-22
- IRS object ID
- 201312039349301051
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-22T16:13:11-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113518842 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARKS PANETH & SHRON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133840394 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE POSSE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | POSS | NameControl |
| Phone | 2124051691 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 WALL STREET NO 8A-60 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10005 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBORAH BIAL | Name |
| Title | PRESIDENT | Title |
| Phone | 2124051691 | Phone |
| Date Signed | 2013-07-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT R LYONS CPA | Name |
| PTIN | P00227274 | PTIN |
| Phone | 2125038800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DEBORAH BIAL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 WALL STREET NO 8A-60 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10005 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 20613844 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.POSSEFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1989 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | POSSE STARTED BECAUSE OF ONE STUDENT WHO SAID, "I NEVER WOULD HAVE DROPPED OUT OF COLLEGE IF I HAD MY POSSE WITH ME." THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 34 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 130 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 19001966 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15835867 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1784199 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2085991 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2043984 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1683885 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 65439 | OtherRevenuePriorYear |
| Other Revenue Current Year | -18956 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 22895588 | TotalRevenuePriorYear |
| Total Revenue Current Year | 19586787 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 209052 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7615460 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8381254 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1726096 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4963453 | OtherExpensePriorYear |
| Other Expenses Current Year | 5254372 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12578913 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13844678 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 10316675 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5742109 | RevenuesLessExpensesCY |
| Total Assets BOY | 52740914 | TotalAssetsBOY |
| Total Assets EOY | 61448540 | TotalAssetsEOY |
| Total Liabilities BOY | 2198348 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2344229 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 50542566 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 59104311 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10424896 | Expense |
| Grants | 209052 | Grants |
| Revenue | 2085991 | Revenue |
| Description | THE RECRUITMENT AND TRAINING PROGRAMS INCLUDE THE FOLLOWING SUB-PROGRAMS: RECRUITMENT, PRE-COLLEGIATE TRAINING, CAMPUS, AND CAREER. FOR THE RECRUITMENT PROGRAM, FROM SEPTEMBER THROUGH DECEMBER EACH YEAR, POSSE CONDUCTS THE DYNAMIC ASSESSMENT PROCESS (DAP), A UNIQUE EVALUATION METHOD DESIGNED TO IDENTIFY YOUNG LEADERS WHO MIGHT BE MISSED BY TRADITIONAL ADMISSIONS CRITERIA, BUT WHO CAN EXCEL AT SELECTIVE COLLEGES AND UNIVERSITIES. FOR THE PRE-COLLEGIATE TRAINING PROGRAM, FROM JANUARY TO AUGUST OF THEIR SENIOR YEAR IN HIGH SCHOOL, POSSE SCHOLARS MEET WEEKLY WITH STAFF TRAINERS AND THEIR POSSE PEERS FOR TWO-HOUR WORKSHOPS. THE TRAINING PROGRAM CONSISTS OF WORKSHOPS THAT ADDRESS FOUR AREAS: TEAM BUILDING AND GROUP SUPPORT, CROSS-CULTURAL COMMUNICATION, LEADERSHIP AND BECOMING AN ACTIVE AGENT OF CHANGE ON CAMPUS, AND ACADEMIC EXCELLENCE. FOR THE CAMPUS PROGRAM, POSSE STAFF MEMBERS VISIT EACH UNIVERSITY FOUR TIMES A YEAR FOR MEETINGS WITH POSSE SCHOLARS, CAMPUS LIAISONS AND MENTORS. EACH MENTOR MEETS WEEKLY WITH THE POSSE AS A TEAM AND WITH EACH SCHOLAR INDIVIDUALLY EVERY TWO WEEKS DURING THE FIRST TWO YEARS IN COLLEGE.IN ADDITION, POSSE FACILITATES AN ANNUAL WEEKEND-LONG POSSEPLUS RETREAT ATTENDED BY MEMBERS OF THE LARGER STUDENT BODY, FACULTY AND ADMINISTRATION, WITH THE GOAL OF DISCUSSING ANY IMPORTANT CAMPUS ISSUES IDENTIFIED BY POSSE SCHOLARS. FOR THE CAREER PROGRAM, POSSE PLAYS AN INTEGRAL ROLE IN THE PROFESSIONAL DEVELOPMENT OF OUR SCHOLARS AND ALUMNI BY PROVIDING THEM WITH THE TOOLS AND OPPORTUNITIES NECESSARY TO SECURE HIGHLY COMPETITIVE AND CAREER-ENHANCING INTERNSHIPS AND JOBS. ONE OF THE WAYS POSSE ACHIEVES THIS IS BY PARTNERING WITH EXCEPTIONAL COMPANIES AND ORGANIZATIONS, BOTH NATIONALLY AND ABROAD. CURRENTLY, POSSE HAS MORE THAN 100 PARTNER COMPANIES AND ORGANIZATIONS NATIONWIDE. THE CAREER PROGRAM HAS THREE CORE COMPONENTS: THE INTERNSHIP PROGRAM, CAREER SERVICES, AND THE ALUMNI NETWORK. | Description |
| Total Program Service Expense | 10424896 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 181 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 130 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 34 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TX | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | LA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSANNA AYBAR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2124051691 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 WALL STREET SUITE 8A-60 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10005 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (43 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JEFFREY UBBEN | |||||||
| CHAIRMAN OF THE BOARD | 0.60 | X | X | 0 | 0 | 0 | |
| ANTHONY J DE NICOLA | |||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | ||
| MICHAEL AINSLIE | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| ANSON M BEARD JR | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| ERIC BECKMAN | |||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | ||
| ROBBIE OXNARD BENT | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| ALASTAIR BORTHWICK | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| RONALD CRUTCHER | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| HON DAVID N DINKINS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| MARTIN FREDERICK EVANS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| RICHARD FAIN | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| HAROLD FORD JR | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| MICHELE GANELESS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| KELLEY GRANAT | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| JAMES HOYTE | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| BARBARA JANULIS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| STEVEN LEFKOWITZ | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| BRUCE MACLEOD | |||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | ||
| GARRETT MORAN | |||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | ||
| DIANE B PATRICK ESQ | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| PAUL J SELIAN | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| FRANK SESNO | |||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | ||
| EUGENE B SHANKS JR | |||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | ||
| BRAD SINGER | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| DAVID THOMAS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| TIMOTHY UBBEN | |||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | ||
| ANNE CHWAT | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| MARK TAYLOR | |||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | ||
| CHARLES PHILLIPS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| HENRY PHILLIPS | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| DAN PICKERING | |||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | ||
| JOSE THOMAS | |||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | ||
| SUSIE SCHER | |||||||
| TREASURER | 0.40 | X | X | 0 | 0 | 0 | |
| PHILIP PEAD | |||||||
| SECRETARY | 0.40 | X | X | 0 | 0 | 0 | |
| DEBORAH BIAL | |||||||
| PRESIDENT | 40.00 | X | 387892 | 0 | 8849 | ||
| ROSANNA AYBAR | |||||||
| CFO/CAO | 40.00 | X | 203288 | 0 | 17705 | ||
| MATTHEW FASCIANO | |||||||
| COO | 40.00 | X | 190709 | 0 | 17690 | ||
| HEDY ROMA | |||||||
| VP DEVELOPMENT | 40.00 | X | 167048 | 0 | 5915 | ||
| RICO BLANCAFLOR | |||||||
| DIR. TRAINING & EVALUATION | 40.00 | 137628 | 0 | 0 | X | ||
| REGINA BAIN | |||||||
| RVP | 40.00 | 131311 | 0 | 5884 | X | ||
| TAMARA CRAVER | |||||||
| REGIONAL DIRECTOR | 40.00 | 109832 | 0 | 0 | X | ||
| DOMINIQUE JORDAN TURNER | |||||||
| REGIONAL DIRECTOR | 40.00 | 109277 | 0 | 0 | X | ||
| LETICIA PEGUERO | |||||||
| REGIONAL DIRECTOR | 40.00 | 107328 | 0 | 3974 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1544313 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 60017 | TotalOtherCompensation |
| Number Individuals GT100 K | 12 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EXPONENT PARTNERS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 MISSION STREET SUITE 105 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | IT SUPPORT & EQUIPMENT PURCHASES | DescriptionOfServices |
| Compensation | 164108 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Fundraising Events | 3081202 | FundraisingEvents |
| Government Grants | 279636 | GovernmentGrants |
| All Other Contributions | 12475029 | AllOtherContributions |
| Noncash Contributions | 1012901 | NoncashContributions |
| Total Contributions | 15835867 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| UNIVERSITY FEES | 611710 | 2018333 | 2018333 |
| SERVICE FEES | 900099 | 67658 | 67658 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2085991 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1427946 | TotalRevenueColumn |
| Exclusion | $1,427,946 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1008890 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 752951 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 255939 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 255939 | TotalRevenueColumn |
| Exclusion | $255,939 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 255150 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 3081202 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 274106 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -18956 | TotalRevenueColumn |
| Exclusion | -$18,956 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19586787 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2085991 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,664,929 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 209052 | Total |
| Program Services | 209052 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 999456 | Total |
| Program Services | 247327 | ProgramServices |
| Management And General | 330342 | ManagementAndGeneral |
| Fundraising | 421787 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6155278 | Total |
| Program Services | 4812643 | ProgramServices |
| Management And General | 596909 | ManagementAndGeneral |
| Fundraising | 745726 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 711714 | Total |
| Program Services | 520846 | ProgramServices |
| Management And General | 75099 | ManagementAndGeneral |
| Fundraising | 115769 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 514806 | Total |
| Program Services | 362701 | ProgramServices |
| Management And General | 65696 | ManagementAndGeneral |
| Fundraising | 86409 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39350 | Total |
| Management And General | 39350 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 706475 | Total |
| Program Services | 551076 | ProgramServices |
| Management And General | 79649 | ManagementAndGeneral |
| Fundraising | 75750 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 796891 | Total |
| Program Services | 598694 | ProgramServices |
| Management And General | 129190 | ManagementAndGeneral |
| Fundraising | 69007 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1568856 | Total |
| Program Services | 1412036 | ProgramServices |
| Management And General | 117326 | ManagementAndGeneral |
| Fundraising | 39494 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1526208 | Total |
| Program Services | 1310643 | ProgramServices |
| Management And General | 168935 | ManagementAndGeneral |
| Fundraising | 46630 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97575 | Total |
| Program Services | 59536 | ProgramServices |
| Management And General | 38039 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31014 | Total |
| Program Services | 23542 | ProgramServices |
| Management And General | 7472 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STAFF TRAINING/DEVELOP. | 260328 | 251422 | 5795 | 3111 |
| FUNDRAISING COSTS | 108872 | 108872 | ||
| OTHER | 78449 | 48987 | 16761 | 12701 |
| BAD DEBT EXPENSE | 21607 | 0 | 21607 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18747 | Total |
| Program Services | 16391 | ProgramServices |
| Management And General | 1516 | ManagementAndGeneral |
| Fundraising | 840 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13844678 | Total |
| Program Services | 10424896 | ProgramServices |
| Management And General | 1693686 | ManagementAndGeneral |
| Fundraising | 1726096 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Joint Costs | X | JointCosts |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40202 | BOY |
| EOY | 48075 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4716446 | BOY |
| EOY | 5688621 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15879944 | BOY |
| EOY | 18613934 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1927202 | BOY |
| EOY | 2208693 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 411088 | BOY |
| EOY | 497618 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1339561 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1040175 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 172060 | BOY |
| EOY | 299386 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29593972 | BOY |
| EOY | 34092213 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52740914 | BOY |
| EOY | 61448540 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 404753 | BOY |
| EOY | 395929 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1283335 | BOY |
| EOY | 1470000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 510260 | BOY |
| EOY | 478300 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2198348 | BOY |
| EOY | 2344229 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8564073 | BOY |
| EOY | 10742810 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20671739 | BOY |
| EOY | 27054747 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21306754 | BOY |
| EOY | 21306754 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50542566 | BOY |
| EOY | 59104311 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52740914 | BOY |
| EOY | 61448540 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 5742109 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2819636 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15654141 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8761206 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8297818 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 19001966 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15835867 | CurrentTaxYear |
| Total | 67550998 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15654141 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8761206 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8297818 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 19001966 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15835867 | CurrentTaxYear |
| Total | 67550998 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 15751025 | AmountsSubstContributorsTotal |
| Public Support Total170 | 51799973 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1096895 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1002814 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1321391 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2109423 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1664929 | CurrentTaxYear |
| Total | 7195452 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 74746450 | TotalSupport |
| Gross Receipts From Admissions Etc | 8402079 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.69300 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.72780 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26139046 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 3890234 | InvestmentEarningsOrLosses |
| Other Expenditures | -767436 | OtherExpenditures |
| End Of Year Balance | 29261844 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26773229 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 102796 | InvestmentEarningsOrLosses |
| Other Expenditures | -736979 | OtherExpenditures |
| End Of Year Balance | 26139046 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23847866 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 3586966 | InvestmentEarningsOrLosses |
| Other Expenditures | -661603 | OtherExpenditures |
| End Of Year Balance | 26773229 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18918095 | BeginningOfYearBalance |
| Contributions | 5431 | Contributions |
| Investment Earnings Or Losses | 4924340 | InvestmentEarningsOrLosses |
| Other Expenditures | 0 | OtherExpenditures |
| End Of Year Balance | 23847866 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24682256 | BeginningOfYearBalance |
| Contributions | 10281 | Contributions |
| Investment Earnings Or Losses | -5774442 | InvestmentEarningsOrLosses |
| Other Expenditures | 0 | OtherExpenditures |
| End Of Year Balance | 18918095 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 440734 | OtherCostOrOtherBasis |
| Depreciation | 293799 | Depreciation |
| Book Value | 146935 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 789836 | OtherCostOrOtherBasis |
| Depreciation | 650132 | Depreciation |
| Book Value | 139704 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 108991 | OtherCostOrOtherBasis |
| Depreciation | 96244 | Depreciation |
| Book Value | 12747 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 299386 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| TIFF MULTI-ASSET FUND | 29771640 | F |
| VALUE ACT CAPITAL PARTNERS LP | 4092609 | F |
| CERTIFICATES OF DEPOSIT | 227964 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 34092213 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED RENT | Description |
| Amount | $478,300 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 478300 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 22684271 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2819636 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 277848 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 3097484 | RevenueNotRptdF990 |
| Revenue Subtotal | 19586787 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 19586787 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14122526 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 277848 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 277848 | ExpensesNotRptdF990 |
| Expenses Subtotal | 13844678 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13844678 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | PERMANENT ENDOWMENT - THE PERMANENTLY RESTRICTED NET ASSETS IS FOR THE ESTABLISHMENT OF AN ENDOWMENT FUND AND THE EARNINGS FROM PERMANENTLY RESTRICTED ENDOWMENT SHALL BE USED TO FUND POSSE'S PROGRAM ACTIVITIES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | POSSE HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2012 AND 2011 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. POSSE IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE DECEMBER 31, 2009. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | NY GALA | NameOfEvent1 |
| Gross Receipts Event1 | 1824478 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 1703478 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 121000 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 123190 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 2424 | OtherDirectExpensesEvent1 |
| Name Of Event2 | POWER OF TEN (LA) | NameOfEvent2 |
| Gross Receipts Event2 | 268540 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 253740 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 14800 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 16209 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 0 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 7 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 1243334 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 1123984 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 119350 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 128690 | RentFacilityCostsOtherEvents |
| Other Direct Expenses Other Events | 3593 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 3336352 | GrossReceiptsTotal |
| Charitable Contributions Total | 3081202 | CharitableContributionsTotal |
| Gross Revenue Total Events | 255150 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 268089 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 6017 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 274106 | DirectExpenseSummaryEvents |
| Net Income Summary | -18956 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| POSSE SCHOLAR LEADERSHIP AWARDS | 98 | 202934 | FAIR MARKET VALUE |
| ELYER STUDENT ASSISTANCE | 8 | 6118 | FAIR MARKET VALUE |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: POSSE SCHOLAR LEASERSHIP AWARDS ARE DESIGNED TO RELIEVE THE FINANCIAL OBSTACLES ASSOCIATED WITH THE SCHOLARS WHO WORK IN UNPAID OR MINIMALLY (LESS THAN $2,500) PAID INTERNSHIPS. PARTICIPANTS ARE REQUIRED TO UPLOAD RESUMES AND COMPLETE PSLA APPLICATION FORM. ELIGIBILITY IS DETERMINED BASED ON INITIAL SCREENING AND SUPERVISORY APPROVALS. ELYER STUDENT ASSISTANCE - ISSUED TO POSSE SCHOLARS THROUGHOUT THE YEAR ON A CASE-BY-CASE BASIS, WHO NEED FINANCIAL ASSISTANCE. THE ASSISTANCE COULD BE FOR ITEMS SUCH AS EMERGENCY FLIGHTS HOME DUE TO A DEATH IN THE FAMILY, FUNDS TO ASSIST TO STUDY ABROAD, ROOM AND BOARD, TEXTBOOKS OR MATERIALS FOR SCHOOL, HOUSING ASSISTANCE, ETC. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DEBORAH BIAL | ||||||||||||||
| PRESIDENT | 312892 | 0 | 75000 | 0 | 0 | 0 | 0 | 0 | 8849 | 0 | 396741 | 0 | 0 | 0 |
| ROSANNA AYBAR | ||||||||||||||
| CFO/CAO | 188288 | 0 | 15000 | 0 | 0 | 0 | 0 | 0 | 17705 | 0 | 220993 | 0 | 0 | 0 |
| MATTHEW FASCIANO | ||||||||||||||
| COO | 175709 | 0 | 15000 | 0 | 0 | 0 | 0 | 0 | 17690 | 0 | 208399 | 0 | 0 | 0 |
| HEDY ROMA | ||||||||||||||
| VP DEVELOPMENT | 152048 | 0 | 15000 | 0 | 0 | 0 | 0 | 0 | 5915 | 0 | 172963 | 0 | 0 | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 23 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1012901 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | 1. MICHAEL AISNLIE HAS A FAMILY RELATIONSHIP WITH ROBBIE OXNARD BENT. 2. TIMOTHY UBBEN HAS A FAMILY RELATIONSHIP WITH JEFF UBBEN. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE ORGANIZATION'S 990 IS PROVIDED TO ALL BOARD MEMBERS VIA FEDEX AND/OR WEBSHARE, A SECURE ON-LINE ACCESS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION CIRCULATES A "CONFLICT OF INTEREST FORM" WHICH NEEDS TO BE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY. THE FORMS ARE REVIEWED AND FILED AT THE NATIONAL OFFICE. GOVERNING BODY MEMBERS EXCUSE THEMSELVES FROM ANY MATTERS OF CONFLICTS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD COMPENSATION COMMITTEE USES OTHER NONPROFIT EXECUTIVE COMPENSASTIONS AND NONPROFIT FIELD AVAILABLE SURVEYS IN ORDER TO DETERMINE AND APPROVE THE CEO COMPENSATION. THE PRESIDENT OF THE ORGANIZATION, ALSO A BOARD MEMBER, USES NONPROFIT FIELD SURVEYS AND COMPARABLE DATA TO REVIEW AND APPROVE KEY OFFICERS' AND MANAGEMENT'S COMPENSATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION PROVIDES A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC, UPON REQUEST. | |
| FORM 990, PART XI, LINE 2C: | HAS NOT BEEN CHANGED FROM PRIOR YEAR. | THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT |