POSSIBLE PROJECT INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
POSSIBLE PROJECT INC (EIN 27-1544896)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-08-25
IRS object ID
202332379349300213
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-08-25T08:53:10-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN431985162PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SMITH SULLIVAN & BROWN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line180 FLANDERS ROAD - SUITE 302AddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271544896EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE POSSIBLE PROJECT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPOSSBusinessNameControlTxt
Phone6174929200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line131 HEATH STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02130ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBECKY LEVINPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6174929200PhoneNum
Signature2023-08-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBECKYPersonFirstNm
Person LastLEVINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA M BROWN CPAPreparerPersonNm
PTINP01614103PTIN
Phone5088717178PhoneNum
Preparation2023-08-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE POSSIBLE ZONEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerMARK LEVINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line131 HEATH STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02130ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,177,212GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.POSSIBLEZONE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE POSSIBLE PROJECT'S MISSION IS TO ADVANCE ECONOMIC EQUITY BY ENSURING YOUNG PEOPLE DEVELOP THE ENTREPRENEURIAL SPIRIT, SKILLS AND NETWORKS TO LAUNCH SUCCESSFUL CAREERS. THE POSSIBLE PROJECT (TPP) OFFERS HIGH SCHOOL STUDENTS IN BOSTON, MA A YEAR-ROUND, MULTI-YEAR ENTREPRENEURSHIP PROGRAM THAT INCLUDES A DYNAMIC, PROJECT-BASED CURRICULUM, STEAM EDUCATION, HANDS-ON WORK EXPERIENCE, AND INDIVIDUALIZED COLLEGE AND CAREER ADVISING. TPP'S YOUNG ENTREPRENEURS LAUNCH THEIR OWN COMPANIES, LEARN DESIGN AND ADVANCED MANUFACTURING, INTERN WITH LOCAL CORPORATIONS AND ORGANIZATIONS, AND MAP THEIR POSTSECONDARY GOALS AND PLANS. IN THE PROCESS, THEY DEVELOP CAREER READINESS, SOCIAL-EMOTIONAL, AND TECHNICAL SKILLS AND STRENGTHEN THEIR PROFESSIONAL IDENTITY, PREPARING THEM TO SUCCEED IN ANY FUTURE PATH THEY CHOOSE.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee55TotalEmployeeCnt
Total Volunteers93TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,889,889PYContributionsGrantsAmt
CY Contributions Grants$6,897,749CYContributionsGrantsAmt
PY Program Service Revenue$7,559PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$9,210PYInvestmentIncomeAmt
CY Investment Income-$20,147CYInvestmentIncomeAmt
PY Other Revenue$2,936PYOtherRevenueAmt
CY Other Revenue$4,828CYOtherRevenueAmt
PY Total Revenue$12,891,174PYTotalRevenueAmt
CY Total Revenue$6,882,430CYTotalRevenueAmt
PY Grants And Similar Paid$71,795PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$88,063CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,476,260PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,950,397CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$143,657CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,507,205CYTotalFundraisingExpenseAmt
PY Other Expenses$2,996,111PYOtherExpensesAmt
CY Other Expenses$5,193,965CYOtherExpensesAmt
PY Total Expenses$7,544,166PYTotalExpensesAmt
CY Total Expenses$11,376,082CYTotalExpensesAmt
PY Revenues Less Expenses$5,347,008PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$4,493,652CYRevenuesLessExpensesAmt
Total Assets BOY$20,628,656TotalAssetsBOYAmt
Total Assets EOY$23,228,928TotalAssetsEOYAmt
Total Liabilities BOY$13,896,629TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,990,553TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,732,027NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,238,375NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE POSSIBLE PROJECT, INC., DBA THE POSSIBLE ZONE (TPZ) IS TO ADVANCE ECONOMIC EQUITY BY ENSURING YOUNG PEOPLE DEVELOP THE ENTREPRENEURIAL SPIRIT, SKILLS, AND NETWORKS TO LAUNCH SUCCESSFUL CAREERS. BASED IN BOSTON, TPZ OFFERS HIGH SCHOOL STUDENTS A YEAR-ROUND, MULTI-YEAR ENTREPRENEURSHIP PROGRAM THAT INCLUDES DYNAMIC, PROJECT-BASED CURRICULUM, STEAM EDUCATION, HANDS-ON WORK EXPERIENCE, AND INDIVIDUALIZED COLLEGE AND CAREER ADVISING. TPZ'S YOUNG ENTREPRENEURS LAUNCH THEIR OWN COMPANIES, LEARN DESIGN AND ADVANCED MANUFACTURING, INTERN WITH LOCAL COMPANIES, AND MAP THEIR POSTSECONDARY GOALS ANDMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,270,629ExpenseAmt
Grant$88,063GrantAmt
Revenue$0RevenueAmt
DescTPZ'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.Desc
Total Program Service Expenses$7,270,629TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document32IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee55EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BECKY LEVIN EXECUTIVE DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6174929200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line131 HEATH STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02130ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARK LEVIN
PRESIDENT15.00Yes (X)Yes (X)$0$0$0
LAURENCE REID
TREASURER2.00Yes (X)Yes (X)$0$0$0
BECKY LEVIN
EXECUTIVE DIRECTOR40.00Yes (X)Yes (X)$0$0$0
CYNTHIA HARMON
DIRECTOR2.00Yes (X)$0$0$0
MARIA MOSSAIDES
DIRECTOR2.00Yes (X)$0$0$0
BOB TEPPER
DIRECTOR2.00Yes (X)$0$0$0
SUSAN PENTA
DIRECTOR2.00Yes (X)$0$0$0
STEVEN SINGER
CLERK2.00Yes (X)Yes (X)$0$0$0
MICHELLE SANCHEZ
DIRECTOR2.00Yes (X)$0$0$0
PETER NOVEMBER
CHIEF OPERATING OFFICER40.00Yes (X)$230,523$0$28,547
ROBERT FINNEGAN III
VP, BUSINESS DEVELOPMENT40.00$191,887$0$24,897Yes (X)
JEREMY TAYLOR
CHIEF RESEARCH & EVALUATION OFFICER40.00$241,505$0$28,556Yes (X)
MARGARET RIORDIAN
CHIEF LEARNING OFFICER40.00$229,850$0$20,956Yes (X)
LORI NEUNER
CHIEF TALENT OFFICER40.00$238,619$0$28,927Yes (X)
ALISHA COLLINS
VP DEVELOPMENT & CORP GIVING40.00$194,776$0$3,929Yes (X)
GUS HALWANI
CHIEF STEAM AND INNOVATION OFFICER40.00$208,135$0$28,291Yes (X)
JODY CORNISH
CHIEF STRATEGY & ADVANCEMENT OFFICER40.00$269,543$0$10,438Yes (X)
DAVID SELLES
SR. DIR. STEAM, DESIGN & ED TECH40.00$140,172$0$11,363Yes (X)
YASENIA DUDLEY
VP OF EDUCATION40.00$158,306$0$12,250Yes (X)
AMY O'DOHERTY
SR DIRECTOR DEVELOPMENT40.00$164,660$0$11,965Yes (X)
JUAN-CARLOS FERRUFINO
SR. DIRECTOR OF COMM ENGAGEMENT40.00$144,731$0$9,923Yes (X)
CAMILLE CLARK
SR. DIRECTOR OF OPERATIONS40.00$135,986$0$10,230Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,548,693TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$230,272TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ELAINE CONSTRUCTION
90 WELLS AVENUENEWTONMA02459CONSTRUCTION MANAGER$3,041,139
PORTER NOVELLI INC
225 FRANKLIN ST 10TH FLOORBOSTONMA02210PUBLIC RELATIONS CONSULTING$195,373
WILMER HALE
60 STATE STREETBOSTONMA02109LEGAL SERVICES$186,399
POSITIVELY PARTNERS LLC
315 A STREETBOSTONMA02110HR OUTSOURCING$104,350
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$579,200GovernmentGrantsAmt
All Other Contributions$6,318,549AllOtherContributionsAmt
Noncash Contributions$2,380,173NoncashContributionsAmt
Total Contributions$6,897,749TotalContributionsAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,274,635SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,294,782SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$20,147SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$20,147TotalRevenueColumnAmt
Exclusion-$20,147ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$4,828TotalRevenueColumnAmt
Related Or Exempt Func Income$4,828RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,828OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,882,430TotalRevenueColumnAmt
Related Or Exempt Func Income$4,828RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$20,147ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$88,063TotalAmt
Program Services$88,063ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,990,324TotalAmt
Program Services$1,296,665ProgramServicesAmt
Management And General$317,247ManagementAndGeneralAmt
Fundraising$376,412FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,230,599TotalAmt
Program Services$2,049,618ProgramServicesAmt
Management And General$691,374ManagementAndGeneralAmt
Fundraising$489,607FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$83,075TotalAmt
Program Services$50,256ProgramServicesAmt
Management And General$17,850ManagementAndGeneralAmt
Fundraising$14,969FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$249,274TotalAmt
Program Services$139,906ProgramServicesAmt
Management And General$53,431ManagementAndGeneralAmt
Fundraising$55,937FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$397,125TotalAmt
Program Services$252,890ProgramServicesAmt
Management And General$77,232ManagementAndGeneralAmt
Fundraising$67,003FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,293TotalAmt
Management And General$1,293ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$105,046TotalAmt
Management And General$105,046ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$143,657TotalAmt
Fundraising$143,657FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,149,555TotalAmt
Program Services$593,993ProgramServicesAmt
Management And General$395,643ManagementAndGeneralAmt
Fundraising$159,919FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$19,826TotalAmt
Program Services$14,633ProgramServicesAmt
Management And General$5,047ManagementAndGeneralAmt
Fundraising$146FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$243,006TotalAmt
Program Services$65,932ProgramServicesAmt
Management And General$150,043ManagementAndGeneralAmt
Fundraising$27,031FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,255,509TotalAmt
Program Services$934,047ProgramServicesAmt
Management And General$277,774ManagementAndGeneralAmt
Fundraising$43,688FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,578TotalAmt
Program Services$15,055ProgramServicesAmt
Management And General$2,181ManagementAndGeneralAmt
Fundraising$342FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$428,308TotalAmt
Program Services$316,948ProgramServicesAmt
Management And General$89,945ManagementAndGeneralAmt
Fundraising$21,415FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,585,360TotalAmt
Program Services$1,161,105ProgramServicesAmt
Management And General$336,860ManagementAndGeneralAmt
Fundraising$87,395FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$84,715TotalAmt
Program Services$54,197ProgramServicesAmt
Management And General$16,917ManagementAndGeneralAmt
Fundraising$13,601FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM SUPPLIES AND AC$160,395$160,395
FOOD AND MEALS$74,203$52,682$19,091$2,430
MISCELLANEOUS EXPENSE$49,386$19,001$30,312$73
STAFF DEVELOPMENT AND T$19,785$5,243$10,962$3,580

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,376,082TotalAmt
Program Services$7,270,629ProgramServicesAmt
Management And General$2,598,248ManagementAndGeneralAmt
Fundraising$1,507,205FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,141,722BOYAmt
EOY$1,496,840EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,834,714BOYAmt
EOY$2,245,804EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$580,534BOYAmt
EOY$451,667EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$155,403BOYAmt
EOY$219,804EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$18,009,325LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,371,858LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$13,897,158BOYAmt
EOY$15,637,467EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$19,125BOYAmt
EOY$3,177,346EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,628,656BOYAmt
EOY$23,228,928EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,495,827BOYAmt
EOY$935,749EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$11,468,076BOYAmt
EOY$15,560,638EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$932,726BOYAmt
EOY$4,494,166EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,896,629BOYAmt
EOY$20,990,553EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,237,688BOYAmt
EOY$1,237,985EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,494,339BOYAmt
EOY$1,000,390EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,732,027BOYAmt
EOY$2,238,375EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,628,656BOYAmt
EOY$23,228,928EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$4,493,652ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,991,783OtherCostOrOtherBasisAmt
Depreciation$1,869,139DepreciationAmt
Book Value$14,122,644BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$744,505OtherCostOrOtherBasisAmt
Depreciation$130,454DepreciationAmt
Book Value$614,051BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,273,037OtherCostOrOtherBasisAmt
Depreciation$372,265DepreciationAmt
Book Value$900,772BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$15,637,467TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSIT$19,125
OPERATING LEASE RIGHT-OF-USE ASSET$3,158,221
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,177,346TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$4,494,166Amt
FieldValueIRS element (for citing)
Total Liability$4,494,166TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,433,387TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$530,810DonatedServicesAndUseFcltsAmt
Revenue Not Reported$530,810RevenueNotReportedAmt
Revenue Subtotal$6,902,577RevenueSubtotalAmt
Other Revenues Not Included-$20,147OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$20,147RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,882,430TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,906,892TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$530,810DonatedServicesUseFcltsAmt
Expenses Not Reported$530,810ExpensesNotReportedAmt
Expenses Subtotal$11,376,082ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$11,376,082TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:TAX POSITION: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE OR NONEXISTENCE, OF UNRELATED BUSINESS INCOME TAX, THE DETERMINATION THAT TRANSACTIONS RELATED TO THE INNOVATION CENTER DO NOT CAUSE A PRIVATE BENEFIT TO ANY BOARD MEMBERS, AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER IRC SECTION 501(C)(3). FOR THE YEARS PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION.
PART XI, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT LOSSES -20,147.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PUBLISHED ITS DIVERSITY, EQUITY AND INCLUSION STATEMENT ON ITS WEB SITE AND IN ALL POSTED JOB DESCRIPTIONS THROUGHOUT 2021.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
PHILIP W JOHNSTON ASSOCIATES LLC
2 HERITAGE DRIVEQUINCYMA02171FUND RAISING AND GRANT RESEARCH0$0$87,610$0
JOANNE SPILLANE
197 8TH STREET UNIT 808CHARLESTOWNMA02129FUND RAISING CONSULTANT0$0$44,212$0
DH LEONARD CONSULTING
15227 HERITAGE DRIVECLAYTONNY13624FUND RAISING CONSULTANT0$0$11,835$0
FieldValueIRS element (for citing)
Total Retained By Contractors$143,657TotalRetainedByContractorsAmt
Licensed StatesMALicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSTIPENDS PAID TO STUDENTSGrantTypeTxt
Recipient180RecipientCnt
Cash Grant$88,063CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSTUDENTS WITHIN THE POSSIBLE PROJECT'S PROGRAMS RECEIVE SCHOLARSHIP STIPENDS FOR ENROLLING AND PARTICIPATING IN THE PROGRAM WHICH ARE DESIGNED TO OFFSET THE COST OF THE PARTICIPATING IN THE PROGRAM AND SEEKING EDUCATION IN ENTREPRENEURSHIP, AS WITH ALL SCHOLARSHIPS RECEIVED BY STUDENTS. ONLY ACTIVELY ENROLLED STUDENTS ARE ELIGIBLE TO RECEIVE THESE SCHOLARSHIP STIPENDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JODY CORNISH
CHIEF STRATEGY & ADVANCEMENT OFFICER$249,543$0$20,000$0$0$0$3,616$0$6,822$0$279,981$0$0$0
JEREMY TAYLOR
CHIEF RESEARCH & EVALUATION OFFICER$234,365$0$7,140$0$0$0$7,161$0$21,395$0$270,061$0$0$0
LORI NEUNER
CHIEF TALENT OFFICER$228,179$0$10,440$0$0$0$7,532$0$21,395$0$267,546$0$0$0
PETER NOVEMBER
CHIEF OPERATING OFFICER$227,135$0$3,388$0$0$0$7,152$0$21,395$0$259,070$0$0$0
MARGARET RIORDIAN
CHIEF LEARNING OFFICER$224,336$0$5,514$0$0$0$6,287$0$14,669$0$250,806$0$0$0
GUS HALWANI
CHIEF STEAM AND INNOVATION OFFICER$203,385$0$4,750$0$0$0$6,896$0$21,395$0$236,426$0$0$0
ROBERT FINNEGAN III
VP, BUSINESS DEVELOPMENT$186,931$0$4,956$0$0$0$3,502$0$21,395$0$216,784$0$0$0
ALISHA COLLINS
VP DEVELOPMENT & CORP GIVING$191,104$0$3,672$0$0$0$3,544$0$385$0$198,705$0$0$0
AMY O'DOHERTY
SR DIRECTOR DEVELOPMENT$159,261$0$5,399$0$0$0$4,595$0$7,370$0$176,625$0$0$0
YASENIA DUDLEY
VP OF EDUCATION$152,443$0$5,863$0$0$0$4,880$0$7,370$0$170,556$0$0$0
JUAN-CARLOS FERRUFINO
SR. DIRECTOR OF COMM ENGAGEMENT$143,981$0$750$0$0$0$4,192$0$5,731$0$154,654$0$0$0
DAVID SELLES
SR. DIR. STEAM, DESIGN & ED TECH$136,618$0$3,554$0$0$0$3,993$0$7,370$0$151,535$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SABEMA LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionA BOARD MEMBER OF THE POSSIBLE PROJECT IS THE RESIDENT AGENT FOR THE LLCRelationshipDescriptionTxt
Transaction$182,748TransactionAmt
TransactionRENT PAID TO SABEMA, LLCTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$2,380,173NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BECKY LEVIN (DIRECTOR/EXECUTIVE DIRECTOR) AND MARK LEVIN (PRESIDENT) HAVE A FAMILY RELATIONSHIP.ADDITIONALLY, MARK LEVIN IS A RESIDENT AGENT OF SABEMA LLC, THE ORGANIZATION THAT LEASES THE 31 HEATH STREET FACILITY TO TPP.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS AUTHORIZED THE AUDIT COMMITTEE TO REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. THE FORM 990 WAS THEN AUTHORIZED AND SIGNED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS REQUIRES AN ANNUAL DECLARATION FROM ALL BOARD MEMBERS AND SENIOR MANAGEMENT AS TO THE EXISTENCE AND DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD MEMBERS SIGN A DISCLOSURE STATEMENT. ANY POTENTIAL CONFLICTS ARE DISCUSSED BY THE DIS-INTERESTED BOARD MEMBERS, WHILE THE PARTY IN POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM. BOARD MEETING MINUTES WILL DOCUMENT THE DISCUSSION AND DECISION MAKING PROCESS. IN THE EVENT OF A POTENTIAL CONFLICT, PROCEDURES TO OBTAIN COMPETITIVE BIDS AND DILIGENCE ON FAIR MARKET VALUE WILL BE ESTABLISHED.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION'S EXECUTIVE COMPENSATION PROGRAM IS ADMINISTERED BY THE BOARD OF DIRECTORS, WHICH IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE KEY EXECUTIVES OF THE ORGANIZATION. THE BOARD ENSURES THAT THE ORGANIZATION REGULARLY CONDUCTS A REVIEW TO ENSURE THAT ITS COMPENSATION PROGRAM FALLS WITHIN A REASONABLE RANGE OF COMPETITIVE PRACTICES FOR COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS. SUCH A REVIEW WAS MOST RECENTLY CONDUCTED IN 2018. EXECUTIVE COMPENSATION, INCLUDING BASE SALARIES, ANNUAL SALARY INCREASES AND INCENTIVE PAYMENTS ARE DESIGNED TO FALL WITHIN THE RANGE ESTABLISHED. THE BOARD MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES, AS APPROPRIATE. DURING 2022, CERTAIN KEY EXECUTIVE SERVICES WERE PROVIDED ON A PRO-BONO BASIS.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST
FORM 990, PART IX, LINE 11GPROFESSIONAL FEES AND CONSULTANTS: PROGRAM SERVICE EXPENSES 593,993. MANAGEMENT AND GENERAL EXPENSES 395,643. FUNDRAISING EXPENSES 159,919. TOTAL EXPENSES 1,149,555.

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